Buffett's Last Rant Before Retirement: 'Bitcoin is Rat Poison, Fight to the Bitter End!'
At 94, stock god Buffett announced his retirement at the shareholders' meeting, ending a 55-year Berkshire legend. However, what shocked people the most were his harsh words about Bitcoin before retirement.
Since 2018, Buffett has bluntly stated that Bitcoin is 'doomed to fail' and has repeatedly referred to it as a 'gambling chip'. He even used the label 'Bitcoin rat poison' to define his stance on cryptocurrencies. To this day, such remarks continue to make headlines.
Despite his strong criticism of Bitcoin, he has praised blockchain technology. This is similar to Jamie Dimon of JPMorgan and Larry Fink of BlackRock—they acknowledge the technology's potential but are firmly pessimistic about coin prices. Today, however, BlackRock is quietly pushing for a Bitcoin ETF.
Buffett has always avoided gold and oil, preferring 'real assets' like Coca-Cola and Apple. His conservative investment philosophy undoubtedly influences his views on the crypto market. Nevertheless, in 2016, at the age of 70, he fully bet on Apple, successfully making this tech giant a core asset of Berkshire.
The most ironic thing is that while Buffett repeatedly criticizes Bitcoin, the technology of Vitalik Buterin and Satoshi Nakamoto is driving the digital currency revolution, and even Ethereum's blockchain technology is redefining the world computer. With the rise of Bitcoin ETFs, will Buffett feel a tinge of regret for missing out on this wave of dividends?
Trump coin still has 800 million not unlocked, yet someone is bullish😁
币圈教程-带单大哥
--
Liang Xi continues to be optimistic about Trump coin, everyone can buy on dips now. He believes that there is no need to panic with Trump spot, there is a meeting on the 22nd of this month, which is a significant positive. The current drop is to blow up the contract leverage; Trump spot can still be held. If there is an opportunity to reach 20, then sell all, don’t be too ambitious.
🔥 The crazy reversal in the cryptocurrency world! The huge conspiracy behind the 400% surge of delisted tokens! 🔥
Who would have thought that ALPACA, which was about to be delisted and was on the "death list," would make a strong comeback with a price surge of 400%! What was expected to be another funeral in the crypto world turned into a bloody slaughter show! Major players manipulated the situation, leaving retail investors with nothing!
💥 In just 72 hours, ALPACA's market capitalization skyrocketed to an astonishing height, and behind all this was the careful design of the manipulators: unlimited issuance, major adjustments to contract rules, and even exchanges synchronously modifying liquidation rules! Prices fluctuated violently, with the total liquidation amount surpassing 50 million USD, setting a historical record.
💣 Major wallets took advantage of the panic to accumulate, while a certain whale harvested 13 million USD in short positions within just 4 hours! This was an operation comparable to a financial nuclear bomb, leaving the short-selling army with nothing.
⚡ The "death spiral" on the chain saw wild fluctuations, and the 1-hour settlement cycle rendered traditional candlestick analysis powerless! In the end, retail investors became "2D beings" subjected to dimensionality reduction, with all their efforts and hopes turning to ashes in this uprising.
📉 This game combining market manipulation and issuance threats has already shocked the entire crypto world, and retail investors can only lose everything in this crazy cycle—remember, when major players collaborate with AI algorithms, we are fundamentally defenseless!
This "delisting carnival" teaches us that the jungle law of the crypto world is always — the strong always control the rules of the game, while retail investors are merely the chives being harvested!
Join us on Friday, April 25th at 1500 UTC in the ETC Discord for a casual voice chat. Whether you’ve been around or just checking in, this is an open space to reconnect, hear what folks are working on, and share what’s on your mind.
Actually, they are all big guys picking their feet, making the losers' mouths curl up.
区块链小八歌
--
Why are there so many female traders in Binance Square, their speech style is as bold as a straw mat, and the straw mat has turned into a woman after taking medicine, these women's periods have all come out.
In that country, anyone can criticize Binance, but only Chinese people cannot. If it weren't for Binance, how could you be playing with cryptocurrencies so safely now?
逍遥XTony
--
Now on Twitter, criticizing Binance has become politically correct; if you don't criticize, it means you're taking money.
Have you experienced other exchanges?
I have indeed experienced Coinbase and Bitfinex,
they often have risk control and account bans; if the IP you log in with this time is different from the last time, they impose risk control and ask you to provide a reason.
Customer service only speaks English, has very low authority, and can only record your issues and escalate them. You need to wait at least 48 hours, and one reply can take a week before they respond to your email.
I was lending and investing on Bitfinex, but just because of frequent IP changes, they banned my account and asked me to provide documentation (I’m a Chinese user logging in with a VPN, so my IP changes frequently), I was tortured for over a month before I got my money back,
I was constantly anxious about not being able to retrieve my money, refreshing my email hundreds of times a day to see if I had received a reply.
That was 1.6 million USD, I was constantly anxious about not being able to retrieve my money.
It took me over a month to get it back, and that was still thanks to the advantage of a big influencer; shouting online and having a wide network helped me find someone inside the exchange to expedite the process. I have friends who told me it took them 3 months to get theirs back.
But at Binance, whenever I encounter any problems, let alone various employees, I can even send WeChat messages to the big boss, and I get instant responses, employees basically reply in seconds, and the big boss will respond to me within 24 hours.
Whether it's good or not is only revealed through comparison. 😇😇😇
Now he is also garbage, but with Musk as a big daddy, he can't be discarded.
一路向北0
--
When you lose faith in the crypto world, don't forget that $DOGE was once trash. The harder the struggle, the more glorious the outcome. As long as you have enough patience, everyone has a chance to achieve a chart like DOGE.
$ETC now do not have any thoughts of mining, if you want to invest, just go directly into spot trading, miners want to take advantage without any investment, do not give them the opportunity.
$EOS eos is now in the last struggle, changing the name indicates it has already failed. You can refer to other projects, mainly short at highs, personal opinion, for reference only.