Bill gates bitcoin investment
to a greater fool who accepts the asset at a higher price than what the previous investor bought. "In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending Munger said. Gates, also on cnbc Monday, placed bitcoin under the "greater fool theory" concept that says the price of an object is not determined by its intrinsic value, but rather by an irrational belief and expectation that market participants will pay an even higher price for something based purely. Charlie Munger, Berkshire's vice chairman, echoed those comments saying that trading in cryptocurrencies is "just dementia likening it to somebody else "trading turds and you decide you can't be left out. It has bitcoin hinta 2013 intia been noticed that the aged and very experienced like Warren Buffet and Charlie Munger too are not very big fans of Bitcoin. I have had crazy Experiences in Asian Busy towns like Mumbai and Kuala Lumpur to African nations such as Madagascar.
Bill, gates : Bitcoin is 'crazier, speculative' investment Bill, gates in 2014: Bitcoin is 'better than currency' Bill, gates, bitcoin is a Greater Fool, investment - Toshi Times Bill, gates thinks investing in, bitcoin is crazy, Warren
A strong believer of Blockchain and a Cryptocurrency enthusiast! We're more concerned with what effect it all has on GPU pricing. "Bitcoin and ICOs, I believe completely they're some of the crazier, speculative things.". Born and raised in the beautiful island of Sri Lanka and have run businesses ranging from Agriculture to the Digital World.
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Its basically just a too risky business since its not regulated like our regular money. Bitcoin's advocates will point out that people have been laying out gloom and doom predictions for some time now, and that's true. Gates touted its ability to push out third-party intermediaries, such as banks, while also keeping a secure and permanent record of transactions between two parties. Billionaires Warren Buffett and Bill Gates both recently derided bitcoin as a very poor investment on several levels, with Gates referring to the cryptocurrency as one of the "crazier" ways to invest one's money. 17 minutes ago, voimassa bitcoin lompakko osoite xtinepink said: It really depends ofc.
When speaking to cnbc yesterday, he clearly stated that Bitcoin was a greater fool investment.
As an asset class, youre not producing anything and so you shouldnt expect.
Gates told cnbc that Bitcoin is "one of the crazier, speculative things" he's seen, and that he would "short it if there was an easy way to." In the investment world, shorting is when you bet against an asset and make money.
"As an asset class, you're not producing anything and so you.
Bill Gates Would Not Be Buying Bitcoin : I Would Short Bitcoin If I Could.
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