I agree I would short it if there was an easy way to do it.
As an asset class, you're not producing anything and so you shouldn't expect it to go up. It's kind of a pure 'greater fool theory' type of investment.
Bitcoin and ICOs, I believe completely [they're some] of the crazier, speculative things.
Charlie Munger
The computer science behind Bitcoin is a great triumph of the human mind, that’s what’s captivated all these people. They’ve created a product that’s hard to create more of but not impossible … [But] I see an artificial speculative medium … I regard the whole business as anti-social, stupid and immoral.
Suppose you could make a lot of money trading freshly harvested baby brains. Would you do it, or would you say that’s immoral? You wouldn’t trade them, would you? It’s too awful a concept. Well, to me Bitcoin is almost as bad.
Jamie Dimon
If you're stupid enough to buy it, you'll pay the price for it one day.
It's worse than tulip bulbs. It won't end well. Someone is going to get killed.
It's just not a real thing, eventually it will be closed.
Warren Buffett
...probably rat poison squared.
In terms of cryptocurrencies, generally, I can say with almost certainty that they will come to a bad ending.
Bitcoin Bashing | Ecency
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