the right call on many investments, he is dead wrong. Warren Buffet has in the past"d that you should invest in what you know. "When it happens or how or anything else, I don't know he added in an interview on cnbc's ". Exchange operators such as CME Group and Cboe Global Markets have opened their platforms to allow bitcoin futures trading. How to get rich off bitcoin or lose it all while trying. Does the cftc honestly believe this will occur with bitcoin futures? Buffett said he would not take a short position on bitcoin futures. What futures and options will bring to bitcoin is an accelerated (and leveraged) version of what the market already isgambling.
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Buffett on bitcoin : It will come to a bad ending.
There are basically two kinds of assets, elaborated Warren.
Buffett told cnbc on Wednesday the recent craze over bitcoin and other cryptocurrencies won t end well.
Bitcoin: Why Warren Buffett Will Never Buy Cryptocurrency Fonds Benchmark Vergleich
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What do you think they will do when it goes down? Bitcoin has fueled huge amounts of innovation over the last few years. That was certainly enough to stall the digital currencys recent rally toward the 10,000-mark, and sent it in the opposite direction towards the 9,000-mark. The most chilling movie scene consorsbank bitcoin ever might be the final take of "Invasion of the Body Snatchers." One by one we see the human race overtaken by aliens except for the hero, played by Donald Sutherland. Other major cryptocurrencies followed suit.
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