Quote from: Warren Buffett on January 13, 2015, 12:21:30 PM

Quote from: outahere on January 13, 2015, 11:05:51 AM

This is what you get with unregulated markets. It has nothing to do with Bitcoin. If the stock markets were unregulated like this, it would destroy our civilization.

No, no, no. Don't blame this on "unregulated markets". The fact that it's unregulated is not the source of this turmoil.

You're losing money because you put money into something that did not deserve it. This thing is not worth $200, and the market is just figuring it out.

History books will teach that after the dotcom bubble of the late 1990s, there was an even more irrational bubble: the crypto bubble, where people threw millions of dollar at hundreds of scamcoins, with btc at its head.

Ripple will be the Microsoft of this bubble, the one true winner.

Lol, that's why Ripple also drops 15 % in value?