May 09 2018
He went on to advise investors to invest in the stock market rather than gambling with Bitcoins or any other cryptocurrency. To the crypto enthusiasts, these people are only spreading FUD, vestiges of the system that blockchain is created to disrupt. Apparently, the master of investment was a little harsher in terms of criticism than the Microsoft co-founder. Speaking during a CNBC program on April 5, both men shared their thoughts on bitcoin. If this description is accurate, then bitcoin is a bubble. "It's kind of a pure "greater fool theory" type of investment...[I would short Bitcoin] if there was an easy way to do it". So Buffett says anyone buying bitcoin is betting that someone else will pay more for it later.
"I like cryptocurrencies a lot less than you do", Munger said to Buffett. "People like to speculate, they like to gamble". He elaborated that he was gifted some bitcoin for his birthday, but sold it a couple of years later.
Bill Gates is not the first important figure that talks negatively about cryptocurrencies in general. What Buffett was saying about bitcoin was that you may purchase it, however it would by no means produce something of worth.
NEET 2018: Over 13 lakh students to appear at 2255 examination centres
Chennai: Beyond the exam stress, many aspirants for NEET exams today were in for a shock when it came to enforcing the dress code. Angry citizens from Tamil Nadu are sure it was a move to discriminate and harass students from Tamil Nadu.
People found a really easy way to make Siri curse
Check out a brief video below where we asked Siri to define "mother" and yes, it contains strong language. According to the Reddit post , Siri then asks if you would like an additional definition for the word.
North Korea preparing to release USA detainees: activist
North Korea has apparently agreed to release three American citizens ahead of a U.S. They have reportedly been held in a labor camp.
Winklevoss along with also his brother Cameron had $1 1 million in bitcoin at $120 a coin in April 2013.
"In terms of cryptocurrencies, generally, I can say with nearly certainty that they will come to a bad ending", Buffett explained. Munger also believes that the United States ought to emulate China in banning cryptos completely. Bitcoin futures, as the name implies, allow investors to place bets on the future price of the flagship cryptocurrency through online brokerage firms such as Interactive Brokers or TD Ameritrade. And this year, after a significant decline the price still hasn't managed to reach the mark of $10,000.
May 07 2018
'Avengers: Infinity War' scores second best weekend
Although critics were not especially won over by " Overboard ", audiences gave the film a more favorable A- CinemaScore . From a worldwide standpoint, Box Office Pro reports that Infinity War has grossed $1.16 billion around the world.
May 06 2018
French outrage after Trump mimics Paris attackers
As Trump spoke, shares rose in major gun makers Sturm Ruger & Co and American Outdoor Brands, maker of Smith & Wesson firearms. Hogg said he believes the NRA is afraid of the support students are gaining in their push for stricter gun laws.
May 06 2018
Encounter underway with terrorists in Shopian, J&K
Earlier, the gunfight broke out at Badigam village after army's 44 RR launched the cordon-and-search operation in the area. The search operation turned into an encounter after the hiding terrists fired upon the forces, which was retaliated.
May 06 2018
Local elections: Theresa May not 'an electoral failure', says pollster
It comes along and it causes disruption and then it goes dormant, and that's exactly what we are going to do. Labour previously had 25 seats, but now has 17 with the Conservatives close behind with 16.
May 05 2018
Macron warned trump's withdrawal from the nuclear deal with Iran
In spite of everything, alleged dishonest and delay ways by Iran had been a serious concern previous to the 2015 deal. How would the world even know? However, scrapping the deal would surely exacerbate an already inflammatory situation.
May 05 2018
Conte eyes win over Liverpool to boost Chelsea's top-four hopes
Conte informs the press his squad has no injury concerns and has his say on ex-Chelsea player Mohamed Salah's remarkable season. He wants to help his players during the game. "With Oxlade-Chamberlain out, we haven't got lots of central midfield players".
May 04 2018
Fellaini: What Mourinho Told Me Before Arsenal Match Winner
With the win, United sealed a top-four position in EPL and confirmed a spot in the next year's Champions League tournament. City beat West Ham 4-1 and is in sight of a slew of records.
May 04 2018
Former VW boss Martin Winterkorn 'charged' in U.S. over dieselgate
Winterkorn resigned soon after the scandal over polluting vehicles in the United States became public in September 2015 . Sessions added the government will "prosecute this case to the fullest extent of the law".
May 03 2018
$100 billion share buyback boosts Apple's shares
Apple's share in the Indian smartphone market has stagnated to 3 percent over the recent quarters. Individually, the App Store, Apple Music , iCloud, and Apple Play all achieved record revenues .
May 02 2018
Fitbit and Google Team Up to Link User Data With Medical Records
Fitbit, Inc . and Google recently announced that they have partnered up to accelerate innovation in digital health and wearables. The wearable fitness tracking device has always been associated with tracking fitness and physical activity.
May 08 2018Blankenship: I'm Trumpier than Trump
May 08 2018DJI and Microsoft team up on SDK for Windows 10
May 08 2018Elon Musk says he'll turn trash from tunneling into homes
May 07 2018Bayern's Heynckes calls on referee to be strong versus Real
May 07 2018Huddersfield boost survival hopes with goalless draw at Manchester City
May 06 2018One of Waymo's self-driving minivans gets caught in a road crash
May 06 2018Cleveland Browns: Baker backup? He isn't having that
May 06 2018Sixers' Simmons says confidence high despite dismal outing
May 05 2018Cong President Rahul Gandhi seeks answers from PM Modi on tainted candidates
May 04 201890 per cent of the planet is breathing in polluted air
May 08 2018'Too tough on terrorists': Trump defends under-fire CIA Director nominee Haspel
May 08 2018Swansea City v Southampton Betting Tips
May 06 2018Golovkin v Martirosyan: Armenian will bare the brunt of Triple G's frustration
May 06 2018ADB chief says trade friction, debt could hobble Asia growth
May 06 2018UAE to face Bahrain in 2019 Asian Cup opener
May 05 2018Alexei Navalny arrested as thousands in Russian Federation demonstrate against Vladimir Putin inauguration
May 04 2018Trump's longtime doctor says Trump dictated glowing bill of health
May 03 2018China trade spat 'inspired by evil practices,' says Ross
May 03 2018Seoul says troop withdrawal not linked to treaty
May 02 2018Trump Reaffirms Coercive Strategy for World Cup 2026
May 02 2018Palestinians should 'accept Trump deal or shut up', says bin Salman
May 02 2018North Korea will SHUT nuke test site next month