“People get excited from big price movements, and Wall Street accommodates…you can’t value Bitcoin because it’s not a value-producing asset.” It’s a “real bubble.”
Warren Buffett, CEO, Berkshire Hathaway · Bitcoin since: +1,301%
As published by MarketWatch
A little perspective.
Bitcoin on that day$5,733October 28, 2017
$100 at that price$1,401At our latest price check
Illustrative value using a Bitcoin price of $80,335, checked Oct 29, 2026, 5:44 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Warren Buffett appears in 8 recorded obituaries. 93 declarations were recorded in 2017.
Keep the receipt.
Bitcoin Is Dead. “Inside Warren Buffett’s Master Class On Bitcoin” — Warren Buffett, MarketWatch, October 28, 2017. Bitcoin: $5,732.83. https://bitcoindeaths.com/posts/2017-10-28-inside-warren-buffetts-master-class-on-bitcoin