Ninjastic
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Re: bitcoin is a rat poison?
by
Kemarit
on 03/07/2018, 16:43:49 UTC
Quote from: Mandoy on June 23, 2017, 07:26:38 AM
****5*****

https://www.reddit.com/r/Bitcoin/comments/6iubil/warren_buffet_said_bitcoin_is_rat_poison/

This post in reddit is very controversial as different groups are arguing as to who is the person responsible for calling bitcoin as a rat poison. The debate is still going on as one side says that  Charlie Munger and the other parties said that it was Warren Buffet. I dont know what or whom to believe. So anyone among you who knows the real story and is willing to share who is the real culprit.

And after more than 1 year after this controversial statement, bitcoin is still here and the attack continues coming from Warren Buffett and Jamie Dimon here: (http://fortune.com/2018/06/07/warren-buffett-jamie-dimon-bitcoin-beware/). But its interesting to note that WB has a change to get into the bandwagon early (2013) when bitcoin was price at $130 but decided not to do so, missing potential profits of 4,000% when bitcoin hit its peaked in December. (https://dailyhodl.com/2018/06/27/warren-buffett-decided-not-to-buy-bitcoin-at-130-in-2013-missed-4000-gains/). Maybe now we know why those traditional investors doesn't like it, because they decided not to buy early that should have made them more money.