Warren Buffett has changed his mind about gold as an investment, prompting some to think that he might do the same with bitcoin. Max Keizer had predicted that the CEO of Berkshire Hathaway would panic buy bitcoin for $ 50,000.
Buffett Changes His Mind About Gold, Bitcoin Could Follow
" Buffett sold banks and bought gold. He will buy bitcoin soon. "
While some in the crypto niche see Buffett's change of heart for gold as bullish for bitcoin, many on social media still don't believe he will invest in BTC. One Twitter user argued, "He's not tech savvy but he's old as gold, so that makes sense." Others suggested that he was too stubborn to buy bitcoins. "His pride is much more valuable to him," said a third user. Some believe that the CEO of Berkshire Hathaway has been secretly investing in bitcoin.
Gold beetle Peter Schiff is optimistic about “Buffett is finally buying gold stocks,” he tweeted, adding: “Warren Buffett knows inflation is a tax. If you don't want to pay taxes, buy gold or gold stocks, as Buffett does. "
Some people try to guess at what price level Buffett will start buying bitcoins at. Popular television personality and bitcoin supporter Max Keizer sees Buffett's gold investment as a positive for bitcoin. Believing that CEO Berkshire Hathaway will start frantically buying $ 50,000 worth of cryptocurrency, the same level he feels will lure Schiff and veteran investor Jim Rogers, Keizer tweeted out a quote originally given to Cryptopotato:
" Warren Buffett will start panic-buying bitcoin at $50,000, just like Peter Schiff. "
Do you think Warren Buffett will change his mind about bitcoin? Let us know in the comments section below.
No comments:
Post a Comment