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RE: Cryptocurrencies : Steem, Bitcoin, Ethereum et al will certainly end badly: Warren Buffet
I have a lot of respect for the man but I think it's his age and his lack of understanding that is driving this. I'd hate to think this is a Dimon style hit job...I like to think BUffet is above that but who knows...
So cryptos will surely fail but he'd never short a dime worth. Nice statement from the Oracle. My respect for him just went down a few notches. How convenient this came out the same day as the Korea news...
Remember China crypto bans were part of the FUD a few months ago and the market surged later despite all of it.
You nailed it well...very good comment indeed. Blame it on old age or even strategy to influence the market in order to buy cheap...we know the tricks already and wont dump...rather buy when its cheap