CRYPTO NEWS: Billionaire makes grim Bitcoin prediction and South Korea DOESN'T ban crypto trading

in #crypto7 years ago

I just posted a new Crypto News video covering some of the top stories of the day.

Stories include:

  • Billionaire Warren Buffet's grim (and probably clueless) prediction about Bitcoin's price
  • US Marshalls to auction off 3800 BTC
  • South Korea is NOT banning crypto trading
  • MoneyGram announces partnership with Ripple XRP

You can watch more of my videos on my crypto YouTube channel here.

If you have any suggestions for future stories or ways to improve the videos, I'm all ears!

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Doug Polk, nice to see you here on Steemit. You have a talent to make VLOGs.

Did you switch from Poker to Cryptos or doing both?

Best of luck.

Warren Buffet is going to end in disaster. Nah, just kidding. We all know the WB is a stooge of the Fed and Soros.

Buffett knows what he invests in very well and has made a killing doing it. He won't invest in crypto as it is way over his head, like many things he has missed in the past (especially in tech). Would take this with a grain of salt.

its not over his head, crypto is damaging to his wealth sources, and that of other creepy billionaires, now suddnely he and his financial elites dont have endless access to all social and material ressources around them, he wants a communal financial cartel to have a cheap supply of needy salary slaves that run "his" income sources that make him so rich (real estate, companies, value papers, debt certificates). The united states once was used against communism, today the united states and its billionaires are communism.

same is with trump and many other billionaires and millionaires abroad, there is nothing special about them whining around, they just comment things according to their private interests. these people just claim to be nationalists, or altruistic but how did they got rich then? all other nationalists worked with their every day labor, and stood poor, whats different about those?the answer is simply they used the us-american financial system for their private advantage, to obtain income sources, keeping everybody else in an "american dream" selling their time, till they age and are left to die

I'm not so sure I believe that Warren is one of the creepy billionaires... he has given out many great pieces of advice that we can all use over the years as I lay out in my 3-part series on Warren Buffet: https://steemit.com/bitcoin/@investingtips/how-to-think-like-warren-buffett

his advise is the same pyramid system garbage, that is beeing given since the construction of the gize pyramids, by the rich financial elites to the poor salary dependent folksmen,

his hatred for bitcoin and cryptocurrencies, comes simply from the fact, that he and his banksters can upkeep their prison anymore, and look now like bad and evil communists, which they fought during sovietunion timespan

pyramid system? he literally says buy when price action looks at its worst for good companies (price is low)... if he was operating a pyramid scheme he would tell people to buy at All Time High's. but anyway nothing will change ur mind Alex Jones has clearly killed your brain cells!

price action at its worst for good companies? this guy basically benefits from young enterpreneurs unable to fund themselves with their own currencies, he hates cryptoeconomics, because now the young enterpreneurs are not forced to be enslaved by the us dollar financial cartel, with its leeching banksters and "investors" you braincells are damaged by alex jones warren buffet, and the federal reserves mass media, these people arent our friends, they want to print money and everybody else to be forced to sell their time for it, they are just old fashioned communists. but even worse than that they want to privately own income sources and secretly they want to focus the entire economy on themselves the rich money printers, you cannot be saved.

I agree.
Ironically though, i started into btc and crypto BECAUSE of Warren Buffet. I read the "Warren Buffet way" in 2011. His simple decision of investing in gilette because he took comfort in the fact 50% of the world shaved before work, got me thinking.
I think 100% of the working world would prefer privacy from banks and government in their dealings. Lightbulb moment.
Cheers Wazza.

Simple but good way of thinking there! I think the old folks will just have a hard time grasping blockchain and cryptocurrencies. Warren Buffet is just one of them.Not that I blame him but pretty sure he just doesn't understand any of this...

Buffett is like my grandpa. I doubt he even knows how to use the microwave. How can you expect to explain to him about magic internet money? The guy's a dinosaur

This guy doesn't know what he is talking about...

The sleepwalking are out in force.

no, he knows what he is talking about, he just does not understand it.

He might not know what he's talking about but he is killing it on STEEMIT! $351.46 aint bad.

Asian countries not acting well with this cryptocurrency thing. But For India JioCoin may be the future https://steemit.com/cryptocurrency/@swpnl7/indian-gaint-reliance-and-its-cryptocurrency-3-min-read

i love warren but dunno if he really knows what btc / blockchain is

Sure he does..but he doesn't want to share his chips..until his chips become worthless.

He was a great investor for his time, but it would be nice for him to just admit he doesn't understand it. Kinda ignorant actually.

Love to see you join the Steem Poker League Doug!

Links on our blog.

I am cornholio...
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What Does it Mean From Behind The Scenes ??

I am always surprised how smart people like him can make such predictions. People should be aware of the power of crypto by now and its future.

Ha of course its a threat to the status quo his ilk rely on.