Post
Topic
Board Bitcoin Discussion
Re: Bed news of Bitcoin
by
Phildo
on 16/05/2018, 14:59:32 UTC
It isn't lucky fans of bitcoin.
Now the bitcoin was attacked" by Warren Buffett, and the price has again spread down...

It is a lot of epithets. Not mine, Buffett.)))

Giving yesterday, 07.05.18, CNBC interview, it has told that buyers of bitkon whom he has characterized as "rat poison in a square" look forward who will pay more for their "anything-worthless-artificial-gold"...
The mysticism around bitcoin generates the unhealthy interest and not reasonable rise of the price, and there is the next soap bubble, such as, tulip fever in Holland in the 17th century.
"When you don't understand an essence, the mysticism bewitches and excites. People like to speculate and gamble."

And Charlie Munger his old partner and the vice-head of board of his Berkshire company has compared a race behind bitcoin to biting definition of Oscar Wilde of "hunting for foxes", or "Silent hunters pursue that are inedible"....


What your thinks?

Still the Tulip Mania is used to take down Bitcoin, if it’s true then Bitcoin should have been destroyed since long ago but Bitcoin is able to rise again from its downfall. How many times people have left and come back into this venture and since when did Buffett become an expert on cryptocurrencies even tech stock experts? From some of his statements he claims that he doesn’t understand how a technology company like Amazon get profit and he regrets not buying it, a perfect ratio between wiseacre and arrogant.