[Bitcoin] Billionaire Warren Buffett says Bitcoin 'A Real Bubble'

in bitcoin •  7 years ago 

"People get excited from big price movements, and Wall Street accommodates," he was quoted as saying. Describing bitcoin as a "real bubble," according to the publication, Buffett also criticized the idea of applying a value to bitcoin.He told attendees:

"You can’t value bitcoin because it’s not a value-producing asset."
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7 years ago by

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      ·  7 years ago 

    If he wants to try and drop the price of BTC, I will just buy more at lower prices and then wait for the next leg up.

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      ·  7 years ago 

    your right @pbgreenpoint, but bitcoin price may touches $6,000 to 8,000 in coming weeks. So don't worry...

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