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RE: Warren buffet on crypto

in #cryptocurrency6 years ago

Maybe, but I'm not concerned. I imagine some coins will certainly disappear and go to zero, but I truly believe in the technology and all that it can provide. Look at how much it had spiked, of course it's going to pull back. It spiked on people jumping in with no clue what was going on. But that is good for us because it brought attention to the tech. As people get comfortable with it, and start to understand it more, it will stabilize and start the climb back up.

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For sure. I had been reading his boring as bat shit book calles 'snowball' in it mentions having a margin of safety and does not invest in technology because he believes even though it benefits man kind it is not a good investment. He missed out on apple and google . It seems he will miss out on crypto too. He said out of all the car shares which is the one that will survive? It is hard to know. At the end of the day we can make strong cases for some, which one will go to zero and which will we make bank on. Who knowssss

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