The crypto community was disappointed yesterday after no announcements / public hearing was made regarding if Ethereum is a security or not. Bill Gates and Warren Buffet play the same old game of claiming crypto is a scam. New York Stock Exchange rumors about trading crypto.
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I'm not a professional financial adviser and you should always do your own research. I may hold the cryptocurrencies talked about in the video.
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#Bitcoin #Ethereum #Cryptocurrency #Crypto #Altcoins
Yes and no. He is using their money to buy up the majority stock in companies. That gives him complete ( centralized ) power over that company. Some cryptos at least try to be more democratic with things like masternodes or actual proof of stake.
Mike, cool , calm and collective. That's you my friend.
Tinfoil hat is on:
I wouldn't be surprised if these two events were over egged due to consensus week and NYSE crypto entry. Why plan such fud? Perhaps to suppress growth of crypto given next week could be an extreme fever pitch in growth. Funfamentntly any extreme growth or loss is bad.
Please cover EOS and NEX
I wouldnt be surprised these guys are against bitcoin. all their billions are is stored in fiat currency. if people start using cryptocurrencies to transact you devalue their billions. also the bankers and billionaires have special rights that you regular hard working people dont have in the fiat currency system. they get bailouts when they gamble and loose. we regular people dont. they just pass on their mistakes to us tax payers. so keep hating on cryptocurrencies and help keep the rich richer and pay the tab when they gamble and loose
The US$ is being robbed blind. Catherine Austin Fitts posits that $21 Trillion has "gone missing" in the last couple decades. Wall St is complicit in this theft, and they cannot manipulate cryptos as easily. The Wall St thieves are very concerned about the rise of cryptos, because they lose their exclusivity for scamming the people.
They do not hate crypto because they are old. Gates fully understands what crypto is. He has, and wants more, central control over everything and everybody. Crypto is decentralized. That is a threat to his empire. He and Buffet are also embedded in the traditional financial ecosystem which they feel is threatened by crypto.
The billionairre boys club is so full of it.... but id love to know their angle. We all know how important crypto is as well as its potential. Its the next evolutionary stage of money. Im sure our grandparents were saying the same stuff all those years ago..... "credit cards?? Pfffft!!! Then our parents.... "paypal...wtf is that?" Crypto is the future bros n sis' IM STAYIN
BOYCOTT anything Dimon, Gates or Buffet related!
Gates stating "he would short the Hell out of BitCoin" is akin to relishing the idea of driving average Joe or Jane to financial ruin. Nice sentiment from the 2nd richest man in the world!
If u love Actual Freedom of mind and MONEY it's time to exclude the Buffet/Munger, Dimon and Gates of the world from any access to your hard earned cash. BOYCOTT these MFers!
Well said Michael, we as a new financial generation cannot afford to fall for the big banks and current billionaires FUD anymore, of course they try to protect their investments and their current empire, you would do the same. The problem is the current system is a Ponzi Scheme and does a lot of damage both financially and morally to this planet. Crypto can be some light in the tunnel, we must protect it and trust it just like we trusted their Fiat system for 100 years. Now it's our time! The future is bright.
Did Buffett just call himself a rat? :-)
If "Bitcoin is rat poison squared" for stuff like Wells Fargo and Goldman and other things Buffett is into, what else can we conclude? Buffett is nothing if not legacy financial stuff... That billionaire crowd is manipulating the market (as usual).
No bank sees this as a do or die moment. I wish we were there but were not yet. They're just trying to figure out how to navigate regulation or lack thereof. Once one monetizes crypto, the others will follow suit.
Bill Gates, a very generous man through his foundation, was smart enough to let someone else manage Microsoft. Just as well if he wants to short Bitcoin. Can't do any harm to his company when shorting BTC.
anybody knows about Luckchemy? Luckchemy an example of a project that already has a product, and now they are raising funds for the growth and development of all ideas.
The company at the fundraising stage, now on the open sale with 40% bonus
TJ TWD Sounds like a conspiracy theory, but I must agree. The banks are feeling threatened, and soon the government. This is going to spark a revolution as soon as right wing baby boomers die off and lose power and influence.
I don’t know why we should give a shit about what Gates and Buffett think about Bitcoin. Enough headlines of their thoughts on crypto. We already know what they think. Their opinions are irrelevant..... Aside from the fact that the market tanks every time they open their mouths on the topic.
Hi Michael-As a traditional investor, I had my doubts about many cryptocurrency projects but having researched the overall market intensively since December, I found that some of the projects deserve much praise and in fact are under-rated. I feel W. Buffet and his team as well as Bill gates really need to educate themselves more. They are also very disrespectful.
On another note, can you please explain whether it is wise to invest in some of the stable coin projects out there.
Those evil jackasses have proxy investors and buddies to spread fud in the government. They are pumping and dumping sociopath assholes. Yes they buy and sell cryptos ...to damage them aaaand to profit. Soros now has accounts he admits to now too.
The meeting was not only held but streamed live yesterday!!!! I watched it for over 2 hours. The chairman of the U.S. Commodity Futures Trading Commission (CFTC) and SEC head Jay Clayton were questioned by a 'steering commitee' made up of members of the SENATE. Jay Clayton stated that all ICO's are definately Securities and 'issued a warning' to all coins that have held an ICO!! This is NOT FAKE NEWS, - unfortunately the SEC want toREGULATE the current ICO format although they did not say what exact retribution the present generation of ICO'd coins can expect for not complying with existing regulations. I have read several reports today saying that the meeting never happened, but it certainly did, and the news isn't good as far as USA based companies that have held, are holding, or are planning to hold, ICO's. There will be a fight ahead by the look of it and I imagine a whole lot of Crypto companies will exit the USA and set up camp in Crypto-friendly countries unless the SEC, CTFC and other USA government commissions start to realise that the World of Crypto needs only NEW, APPRORIATE regulations that recognise the Revolutionary changes happening RIGHT NOW. Todays younger generation are interested in a Worldwide Sharing Ecosystem and expect to be given the FREEDOM to put their money into technologies and Ideas which Harmonise with their visions of a Sharing World. The existing restrictions on capital raising etc were designed in the early 20th Century. These restrictions favour very rich Venture Capitalists etc, and are no longer relevant to todays World of creative Blockchain innovation which is accelerating at a pace that is beyond the slow pace of the USA (and other) Government(s') to even understand what is happening, let alone to get regulations that worked in the 20th Century into place to harness it! The Horse has already BOLTED and cannot be stopped no matter what they do. They will however attach an achor to the Horses tail, slowing it down somewhat compared to innovation in other Crypto friendly countries, if they don't change VERY quickly.
Thanks for pointing this out! I can now see that the link I followed - which was supposedly a Live replay was actually a link to a replay of a meeting that was carried out in February, so I was completely by the person who published the "It's Live Now! link. LoL. Let's hope that the relevant authorities have reconsidered their attitude in the meantime.
Buffet, Gates et al are just making themselves look foolish now. I mean these guys are not dumb but their blatant FUD is purely designed to help protect their conventional assets. Unfortunately for them they are now pissing against the wind.
its got nothing to do with warren buffet gates no one , its the fact that bitcoin is traded on wall street futures and like anything else they can make it go up or down to zero now if they want , its totally controlled by wall street , charts mean nothing anymore , its a manipulated market , buy and hold bitcoin cash and nothing else thats connected to bitcoin , when you control the head the rest of the body is also controlled
Michael! I will also be at consensus as a sponsored scholar. Are you doing any meet-ups at the convention? Been a long time follower and would be awesome to finally meet you in person. Let me know!
There is undoubtedly ulterior motives that they have. They aren't talking crap about Bitcoin for no reason or because its really what they think about it. And the absurdity of the statements that they've made is rediculous.
Great video Michael. Thanks for sharing your time. Might I suggest keeping an eye on the accredited investors only requirements. This signals their is an interest by the wealthy and crypto will continue to operate pretty much unfettered till the well dries up!
Yeah, the Bill Gates comment is really dumb. However, things look really bad - the BTC price chart for 2018 is almost a carbon copy of the chart for 2018. We have new coins and ICOs every week yet the market cap does not go up. Volume on the exchanges is very low. If the price continues to roll lower it will be interesting to see how soon panic sets it or if we can somehow stabilize or rally. Of course, if you bought BTC @ $ 2k or less then you have nothing to worry about and if you bought it @ $6 k you are still pretty safe too. If you mined it, then you have no worries at all.
Gates, Munger & Buffet wanting to short fried baby brains mixed with rat poison?
What I think is the problem with these guys is FOMO, whereby the F = Frustration of having missed out. This is especially true for Buffet & Charlie, lets face it, these two are greedy as hell and completely missed the boat because they don't understand f*all about crypto currencies. On top of that, I'll bet they are constantly being asked by their investors why they missed the boat and when they are getting in, simultaneously being faced with net outflows out of their funds. It is pure vicious anger, it is as simple as that! Bill? Well I guess he is confused ! LOL!
Rob Power Exactly. Also crypto markets are a threat to their investment model, which is based on the stock market. Also they hold insurance company and bank stocks. These are the biggest scammers of all!
Oh, forgot to say, my message is for Mikkel. Anyway, this is not for Bill Gates, but too many extremely rich people steal cheat and rob and become rich and then later becomes a philanthropist. Even in olden days in Chicago, a lot of gangsters robbed, sell drugs, and on the surface, donated money to the organizations for the poor. Oh well. I remember Bill Gates father is a lawyer, correct me if I am wrong, and he quite and went to Africa to take care of the money where Bill Gates donated.
No offense, yes he is a philanthropist, I was working for a Philanthropy office at that time 2001, and it was ALSO because his mother at that time was with another Philanthropy office and he donated, but that office was famous for being extremely wasteful. Anyway, no judgment from me, but that's inside info.
Gates was never a technologist. He was adopted by Buffett in 80's with his Microsoft label, to snatch real inventors ideas and sell it as his own. He was constantly in court being sued by real technology inventors, eg.: DOS, NTFS, TCP/IP but by using his capital and family background in banking he always got away with his parasitical approach towards life. That is all Warren Buffet his best friend and Charlie Munger (The three stooges) are about.
It is very perplexing to see such retarded minds such as Gates, Buffett and this third stooge are so rich and have power and authority in our society and the world.
Well said, hes nothing but the front man for the banker/corporate elite games, just like the fake Elon Musk, another front man for the elite, to pretend he owned Paypal and Tesla and spacex I mean do they think we are zipped up the back. Bill Gates is a fraud!
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