"Buffett also said he would steer clear of bitcoin. Buffett said the cryptocurrency is an effective payment system, but so is a check. The idea that bitcoin has some intrinsic value is just a joke.
http://blogs.marketwatch.com/thetell/2014/03/14/warren-buffett-dont-dump-stocks-on-china-or-ukraine-and-stay-away-from-bitcoin/?mod=sfmw
Well... It's too late for some of us to stay away now.
Remember, this is the same guy that said to avoid investing in internet companies.
Indeed - This Buffet is an idiot.http://blogs.marketwatch.com/thetell/2014/03/14/warren-buffett-dont-dump-stocks-on-china-or-ukraine-and-stay-away-from-bitcoin/?mod=sfmw
Well... It's too late for some of us to stay away now.
Remember, this is the same guy that said to avoid investing in internet companies.
Do not worry about him...
"Remember, this is the same guy that said to avoid investing in internet companies."
Warren Buffet is a caveman 
(no offence to Mr.Caveman)Do you not know who Buffet is? He may be wrong, but he's far from an idiot when it comes to investing.