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follow Sniper 2018 Jan 10, 1:28pm
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"In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending," the chairman and CEO of Berkshire Hathaway said. Billionaire investor Warren Buffett told CNBC on Wednesday the recent craze over bitcoin and other cryptocurrencies won't end well."When it happens or how or anything else, I don't know," he added in an interview on CNBC's "Squawk Box" from Omaha, Nebraska. "If I could buy a five-year put on every one of the cryptocurrencies, I'd be glad to do it but I would never short a dime's worth."
TinFoil hat:BitCoin won't succeed because the Illuminati at the FED would never allow their power to shrink so vastly. They assasinated Kennedy for trying to take their power, killing a crypto currency would not be hard for them.Also, BitCoin has so many competitors, it's going to lose ground fast unless all of these stores (amazon, ali baba, etc) start accepting it.
How would they kill it?Bitcoin is definitely under pressure from it’s main competitor, Ethereum, for numerous reasons