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Learning & News => News related to Crypto => Topic started by: CryptoGirl on October 27, 2017, 12:46:20 AM

Title: Warren Buffet, Bitcoin don't have a value
Post by: CryptoGirl on October 27, 2017, 12:46:20 AM
"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.

adding :
"You can’t value bitcoin because it’s not a value-producing asset."

http://www.marketwatch.com/story/warren-buffetts-master-class-on-bitcoin-self-driving-vehicles-clean-energy-and-life-2017-10-26
Title: Re: Warren Buffet, Bitcoin don't have a value
Post by: leithy on October 29, 2017, 08:00:55 PM
Bitcoin will have value as long as there is demand for it.
Title: Re: Warren Buffet, Bitcoin don't have a value
Post by: Keenetik on October 30, 2017, 09:33:01 AM
Так бумажные деньги доллары или рубли, тоже уже давно ничем не подкреплены. Нет столько золота.
Title: Re: Warren Buffet, Bitcoin don't have a value
Post by: _backslash on October 31, 2017, 04:28:52 AM
Quote from: CryptoGirl on October 27, 2017, 12:46:20 AM
"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.

adding :
"You can’t value bitcoin because it’s not a value-producing asset."

http://www.marketwatch.com/story/warren-buffetts-master-class-on-bitcoin-self-driving-vehicles-clean-energy-and-life-2017-10-26
What could be the effect of such a speech?