✴️ WARREN BUFFETT SAID CRYPTOCURRENCIES WILL END BADLY! MORE FUD (FEAR, UNCERTAINTY AND DOUBT) THIS WEEK!

in charlesfuchs •  7 years ago 

“Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble.” ~ Warren Buffert. 

What's Up STACKERS! 


There's tons of "Bearish" cryptocurrencies news everywhere this week (didn't they try to do the same thing several months ago with all the negative china news?) This seems very fishy to me. 🤬

"The Moron" Jamie Dimon first stated yesterday that he regretted saying Cryptocurrencies was a Fraud, then Today Warren Buffet said that Cryptocurrency was going to end badly for everyone. 😳

That wasn't it, A few hours ago... the South Korean tax agencies just raided one of the top Exchanges Bithumb and rumors are circulating  that there might be a "Bill" passed by the government In South Korea to make Exchanges illegal. 🙀

Didn't we see the same "Hit Pieces" happen a few months ago about the China "Ban" ordeal that tank the market, it seems like deja-vu!! 🙄

Every time when one of these top talking heads make main stream media news with negativity, something crazy happens, it looks as if it's all coordinated. 🤔

I'm no conspiracy theorists (but they sure are fun to watch) but all this stuff just seems to much of an acquiescence. It's just tons of FUD! 👹

But anyways, Warren Buffet is a guy that I respected and followed for many years so when he says things, I listen but take it with a grain of salt.  

So what do you guys think when Warrent Buffet saying that it's not going to end well with Cryptocurrencies, is he right? Or he is just protecting his own agendas and his "banker friends"? 🙅🏼‍♂️

Only time will tell, we will see what happens in a few years but in the mean time... I will be accumulations tons of Cryptos and putting them away for safe keeping!

What to hear something funny? "They" (the media and powers to be) will always try to shed fear in the crypto markets and they do this all the time but guess what? .... about a week later, we are off to the MOON! I believe that we will see a huge rally starting next week!

Keep On STACKIN! 💞


P.S. For those who are interested in following my "Daily Activities" that I do in very "short form". Follow me here: @charles-fuchs




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They keep rolling out these 'fossils' to talk down cryptos, Warren Buffet would be dead ass broke if he hadn't been bailed out by the Fed during the first round of QE. Just because he's made a fortune insider trading with his criminal buddies on Wall Street doesn't make him an expert on crypto, in fact he's probably buying it hand over fist while talking it down.
Give him an ice cream and tell him to shut the fuck up!

Warren Buffet pointed out a serious point, it's just a bubble man!

The governments, stocks, housing markets, college debt, credit cards, are 1000x more bubble territory than anything else 😉

This post is excellent compilation I was looking for.
Warren Buffet once said, I will tell you the secret to success, close the door and be fearful when others are greedy, be greedy when others are fearful.

According to this theory it's time to be greedy 😋😋

Yes! He’s probably STACKIN bitcoins behind the scenes as we speak 🤣

LoL may be 😁

With all high respect ! , Grandpa Buffett needs to take a nap nap now.

I had to put this on top of my comment section because it’s soooo 🤣😂👴🏼

😝😝😝😝😝

Maybe he's just low on calories and needs to hit the .
.

.
.
BREAKFAST BUFFET!!

Buffet is the dude that has Mcd and Coke for breakfast every day for 60 years straight.. Pretty sure if he's lacking on anything, calorie ain't one of it! Hahaha

MEME of the day! 👴🏼

Good read mate , I think you make a valid point about warren buffet, I personally think it’s what he would like to happen, cheers mike

I don't see cryptocurrencies ending bad for everyone, it is just that the volatily of cryptocurrencies makes people panic..HODLing is key..up stackers!!!!

HODL and STACKIN LIFESTYLE HAHA

Well one can't really write off Warren buffet, he is a man that has seen it all, however, would you blame him for saying so? Negativities have been flying all around, from China to Venezuela

However writing off crypto would be to his unpleasantries as his precedents because crypto may fall sometimes but it always rises like the Phoenix

Yes! He’s a person I respect, he just covering his ass... he’s too “injected” with the bankers and Wall Street! A Trillion Dollar Market cap here we come 🙌🏼

Let's pray for our dear crypto 🙂🙂🙂🙂🙂

He is just old, he has lost his mind!

I think possible thing has of cryptocurrency as told warren buffet. If it will be very unfortunate to us. But we keep eye on positive mind.

I'm going to keep my eye open on that dude lol

Everyone is entitle to his opinion including Buffet, an investment idol I look up too. But in this I think he is just protecting his banking buddies because of tons of money showered to Alts these days.

Buffet is not a techie person like Jobs, McAfee, Gates and others , but he should mix with these guys LOL

I totally agree with you and I was think the same! The market will have a nice run next week so no worries what he has to say... for now lol

Some of them will almost certainly end badly, while others will survive, primarily those with utility other than just currency replacement. A gold backed crypto will most likely replace the likes of bitcoin and other pure cryptocurrencies. I expect etherium will probably survive, unless a better hashgraph based solution comes along.

Spreading FUD to buy back low. Remember:

The rich are getting richer

If you've been long enough on crypto, this news won't affect you. The guys who bought at $1k at the beginning of last year will never care.

  ·  7 years ago (edited)

ohhh its not possible and i dont believe on it bcz @stackin bcz now crypto end is impossible till the end of world....and this time is not painc for us bcz this up down is part of market

  ·  7 years ago (edited)

and about my low repu
bcz i have a mistake and made 4 posts of news from a site and then stemclener decrease my rep from 53 to 3
and now i m struggling again and i increased from 3 to 35 ,,,someone said me to buy upvote from bots and increase my rep soon but i dont like buy upvote bcz its not a method for appriciate your stuff
and hope i will not repeat me mistake again bcz that time was realy so painy for me

Notwithstanding Warren Buffet's notable achievements in the investment arena, he is not always correct in his predictions or decision. I would like to share below article by CNBC:

https://www.cnbc.com/2017/12/15/warren-buffetts-failures-15-investing-mistakes-he-regrets.html

That’s the truth, people need to read that right there! 😀

Great article. Maybe he's not so right on after all. He could have been truly great with the likes of Google and Amazon under his inflated belt.

That is the spirit @stackin, i also feel that a huge rally is come soon for cryptos too.

I've said this before, but feel the need to say it again here.

I have to voice some considerable disappointment with Warren here. The way the world is moving, towards virt currency versus physical, or in other words, digital currencies versus hard, easily manipulated currency that our governments pedal. If anything, I see a significant drop in hard currency or dollars use and dramatic increase in digital use across the board. His biggest issue, is that he's heavily invested in dollars and other forms of physical currency, so this terrifies him and as he says, "I just don't understand this stuff"!

In my opinion, I believe certain ones will do much better than others and therefore the death of some is imminent. However the ones that are accepted and transitioned into everyday life will be the wave of the future and make many people who invested early very wealthy.

Just thought I'd throw that out there.

I sure he said it to drop the price so he will buy some

hodl.jpeg

Always HODL the "Precious" Digital Coins lol

All the MSM stories on crypto these days are about spreading the FUD.

Warren Buffet has been often wrong on technology, he may be right when it comes to the majority of the altcoins and ICOs but to say all of blockchains is going to be bad doesn't seem right. Surely there will be at least a few which will greatly succeed

w. buffet is richest in bussiness, but very poor knowledge about cryptocurrency, he is good for nothing!

Recent news have made me flip over various white paper and reading their actual project and see if I invested in the right places. I was once nothing, so I shouldn't be too much worry about the current situation.

Too many speculations and suddenly many are becoming cryptocurrency expert just in a day. It's crazy!

Anyhow, Keep on stackin' and holding.

Great day to you Charles, get yourself some coffee

Warren Buffet is a financial heavyweight but I believe that Blockchain technology and cryptocurrencies are here to stay. You can't put the genie back in the bottle.

hope in next few years will happens more good and give us the bright future and dont worry here are many fake news which confuse us from liers

I can't believe Warren Buffet's said. These days seems cryptocurrency little bit dropped. But I bet It will be increase correct time. I'll see what to do next. Don't worry. Can be this is fake news.
HODL this moment. Its @stackin Style.... Lol.

High-level FUD is right. What a turkey. Cryptos won't end well - but a p.o.s. inflationary scam like the U.S. dollar will?

Sit down, Buffert!

Major Turkey face haha

Korea is big market of cryptos if they ban cryptos then this is very bad news .

Na, they can’t ban cryptos but they can ban exchanges... if they ban cryptos anywhere in the world, it will create huge demand 🤑

Just going off the title i say its probably best that we know about CC's now than later because if what he says deems to be correct then we have to get in and get out like a robbery . Because Lets just say that it is a bubble, well who wants to be here right before it explodes or implodes for that matter. I say get in win big and go home with CC's there is no long haul at the end of the day because its always fluctuating. But for that matter you also could get into the stock market which has been up since before the great depression and even if that fails at least you know its for the economy as a whole and not just a personal lost for you and your endeavors. STEEM well ,Steem Whales .

first he says " bitcoin is bad".. then says " i didn't invest in it cause i know nothing".

lol, are you serious Warren?

@stackin, Very accurate information, Cryptocurrency is very helpful to human beings.

The problem with alot of the main stream media journalists is that they don't actually understand the fundamentals of the crypto they are writing about! They love to pen a good negativity article that stirs up a little market fear. Good news is they are driving down the price and I'm hoping to scoop up some bargains this week!

I have read and saw many interviews of billionaire businessmen and I think that while it is right to listen to advice of successful people but we should not rely on that advice as it may have some bias in it.
Example- Mark Cuban defending scrapping Net Neutrality

not true thanks Jesus Christ for the cryptocurrency help for the community because cryptocurrency help us manage our money pay our bills better.

Good post

I disagree with Buffet on this one

Cool

There is this adage which says "words of our elders are words of wisdom". We just watch and see. But we won't stop stacking.

Its will crash market badly

wall thisis what happent .. nice post loved it sir ..

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Cryptocurrency's market share gonna increase more and more because of its easy process and no bank fee etc

just keep on HODL and STACKING till we see where it is heading. anyone can say what they think but in the real end, it is you that decides.

well said bro ... officials gotta spread fear otherwise they are losing totally control of the situation allowing the "normal people" to make a living and live wihtout fear... this way they can at least delay it :)

But you know what: steem on, get to know one another, work together & make the world a better place to be on...

Cheers

HODL

Actually, you don't need a Warren Buffet or anybody else with high or low reputation, he is here to protect his interests.
You just need to zoom out a little bit and think for a moment of all those thousands and thousands of developers that are putting countless hours into developing new things, bringing enormous value, solving countless real-life problems, improving every aspect of human existence and all of it at a growing paste. Do you think it will just vansih one day?
If you are drawing parallels with dot.com bubble, yes it burst. but Google is still here, Amazon, eBay, Yahoo... So in my opinion, there will be some major corrections, lots of not so solid projects will go away, but the good ones will stay and thrive.
Old school establishment will oppose as long as they can, then they will adopt blockchain but they will try to make a "correction" to it just to preserve a status quo and in the end, the blockchain technologies will be widely adopted. The one who will not adapt will fail. Think of Nokia and Motorola in mobile phones arena, and Kodak not adopting digital photography, there are so many examples. It is not the strongest who will survive, but the one who can quickly adapt to the changes and dance with them :))

Plot twist : Warren buffett wanted to buy some Bitcoins at a lower price and he thought his statement would tank the market so that he could buy at the dip :D

It is not going to end this way
-cheers-

So what do you guys think when Warrent Buffet saying that it's not going to end well with Cryptocurrencies, is he right?

He missed on Google, Microsoft, Apple stocks and also bitcoin. Tech investment is not his thing.

Internet money will be around, even the Goldman Sachs bankers opened a crypto trading office.

it is also thinkable ........you know.......time will be change....i think we get our perfect solution .........

Just HODL everyone.

This is a great opportunity to create a long-term portfolio with the best coins at such low prices! Ripple under $2.00, Stellar under $0.50 and Cardano under $0.70? Christma$ is late but it's finally here!
https://coinmarketcap.com/all/views/all/

Oh the nay sayers will soon be the I wish I knew better sayers

I see a great future for the crypto market, and this only opinion and noise, the real outcome great success along the way.

I think your Post is for a big group of people very helpful!
Thx for making this Website for us!
Upvote when your in my opinion @alokkamboj

haha,he spreads FUD and orders millions on crypto in the back for sure lol

Grandpa Buffet was/is not only intelligent but in the right "club" with many insider infos. But now nobody is really interested in what he has to say.

oh hoo the streets are back in red time to take out baseball bats out bruh ;p

May be he is buying secretly... Who knows... A person who made billions in stock markets will know how to make money in cryptos... His commets are like old schoolers... But m sure he is buying secretly.. these people are the most informed ppl on planet...

let s not be panic :)

@stackin Such a great article & nice photography
##Upvote/Resteem###

when they don't wanna buy it they fake it !!

they can't do anything as their money is getting shrink day by day

Damm you Warren, the funny thing is that he will just by more on the downtrend he has actually created. I created my first ever post which I think people will find funny to read. Could some people spread the word :)

I quit my high paid job yesterday to do this so am a bit worried haa.

https://steemit.com/bitcoin/@cryptoadviceltd/quit-my-job-yesterday-my-honest-journey-in-cryptocurrency-the-highs-the-lows

Yeah and the markets may bleed further as people across the US start to wakeup and panic, but I'm looking at this as a huge buying opportunity.

I've spent the last 2 weeks accumulating bitcoins waiting for cheap alts.

I think that this person as many more talking about that bitcoin and cryptocurrency will always exist, there will always be people who speak badly about something and create controversy. Like every cryptocurrency starting the year they always tend to go down a lot but they always recover. Think so, if in 2017 the rise of cryptocurrencies was incredible and rose so much, as it will be in 2018? the double will rise a lot more. We are aware that cryptocurrencies are the future of money.

You'll see how February will begin to rise and the demand will be impressive

Greetings your friend wishes you music and fake, I hope we can continue reading

Haha thats funny thats what his partner said!!!
I wonder if he owns Wells Fargo Bank :)))

I think some shit coins are going to hit people hard, but if your invested in quality communities like Steemit you will be just fine!

Waiting for Verge and Tron to go over $1 lol

oh hoooo buy more

I believe the FUD is coordinated... get ready for blast off!

like all fiat systems, everything eventually comes to a halting crash. luckily blockchain will take over and run the economy for a couple of generation before something new disrupts the block chain movement

Hope he is wrong! he also said that about amazon and google and now he is sorry he didn't invest in these companies! so HODL and don't FUD!
cheers @stackin!

Warren Buffet also believed peak oil and it cost him. It cost him a lot. He is smart, but does not understand everything.

When there is a financial collapses like in 2008 and 2009 then the cryptos will shine.

I believe it all will have to roller coaster, but trend higher in due time.

Well I think Pa Buffet is missing out on a lot , funny enough he doesn't know the true meaning of cryptos lol

Oh my that is my Grandpa! 😱😂

No matter what Buffett or government or bankers said, that will not stop me from crediting my wallet. We are in crypto world and nothing can stop it

What shows me that he doesn't get anything is that they might crash and lose allot of value but that won't end them, then they will just comeback :)

Follow me for new daily extremely small cap crypto picks. These have huge potential!!!

This IS the same guy who said he was too dumb to understand Amazon and who said Google.com was a stupid investment, so, maybe he isn't the best guy to listen to for advice not regarding "how to build a giant door-to-door vacuum company and then listen to your accountants about how to invest your profits."

He knows his stuff, unless it is regarding tech.

For me sounds more like he is protecting his reputation with the banks and goverments...

At the end of his interview he literally said he didnt know anything about them. This happens a lot when a famous rich person fuds crypto, and they follow up with "I don't know jack about crypto!"

no shit!

Sam Ling says he is following Buffets advice to ‘focus on what he is doing and be successful’. He is launching 26 cryptocurrency indexes but there will be domestic and international competition after many other companies launched their index funds.

Read more here: https://goo.gl/PrTWQR

Sam Ling says he is following Buffets advice to ‘focus on what he is doing and be successful’. He is launching 26 cryptocurrency indexes but there will be domestic and international competition after many other companies launched their index funds.
Read detail info here: https://goo.gl/PrTWQR