According to data from CoinDesk, Bitcoin price fell more than 6% on Thursday’s session, falling to as low as $ 31,310, falling below $ 32,000 for the first time since Jan. 11.
If you are an investor and are worried about the prospects of this currency, try to find out what the billionaires and rich people in the world think about this currency.
The Winklevoss twins: Bitcoin is the “trade of the century”
The twins Tyler and Cameron Winklevoss were the first bitcoin billionaires in 2017.
In 2018, they lost $ 600 million in bitcoin assets as cryptocurrency continued to decline. But by November 2020, they were back in the bitcoin billionaires club.
In an interview with Real Vision, Tyler predicted that Bitcoin would rise in price by 30 times.
Elon Musk: Different passions
Elon Musk recently posted a tweet hinting at being tempted by bitcoin. An entrepreneur named Michael Saylor suggested Musk consider converting Tesla’s balance sheets to bitcoin, Musk even questioned the viability of this transaction.
But it seems that it was just a joke, because then Elon Musk made a joke about the Dogecoin cryptocurrency, and tweeted “Bitcoin is almost as bs as fiat money”.
Previously, in 2019, Elon Musk confirmed that bitcoin does not seem suitable for Tesla despite its great structure.
Mark Cuban: Crypto-lovers seem to be following a “religion”
Cuban has long expressed skepticism about bitcoin. He once stated at the end of 2019 that bitcoin “has no chance” of becoming a reliable currency.
On Forbes, he wrote: “It’s a store of value like gold that is more religion than a solution to any problem. No matter how much BTC fans want to pretend that it’s a hedge against doomsday scenarios, it is not.”
He has compared bitcoin to a banana in the past and said that he would rather have a banana.
Mike Novogratz: The year 2020 is a “lucky year for the cryptocurrency revolution.”
Tycoon Novogratz expressed support for bitcoin. In a recent interview with Real Vision, he claimed that the pandemic hastened what he calls the “crypto revolution.”
“Five years from now, we’ll see 2020, terrible as a halo, and a lot of people lost their lives … we’ll look back and in a weird way, this will be the one good luck for the crypto revolution,” he said, according to Insider’s Emily Graffeo.
Sam Zell: “Skeptical.”
Real estate mogul Sam Zell said in an interview with Real Vision: “I am very skeptical, frankly, of bitcoin. Ultimately, it may be the answer or one of the answers.”
“But right now, it’s a world that’s extraordinarily populated by chameleons and other fast-talking characters. I don’t believe everybody involved in it is the kind of people I’d like to follow.”
Carl Icahn: I’m too old for them.
In 2018, the billionaire reported on CNBC that he found bitcoin and other cryptocurrencies ridiculous.
“I don’t like the cryptocurrencies only because, maybe I don’t understand them,” he said, according to CNBC.
He questioned about the rules of this currency and said perhaps he was too old for them, and therefore “I wouldn’t touch that stuff.”
Warren Buffett: Never be a fan
In February, in an interview with CNBC, Warren Buffett harshly said that the cryptocurrency “basically has no value.”
“You can’t do anything with it except sell it to somebody else. But then that person’s got the problem.”
He also said he doesn’t own any cryptocurrencies even though he received a cryptocurrency birthday gift.