Tag Archives: noxious

Bitcoin price: BTC breaks £7,000 barrier hours after Warren Buffett investment chief calls it a ‘noxious poison’

The price of bitcoin has surged past the £7,000 mark just hours after Warren Buffett’s investment chief called the cryptocurrency a “noxious poison”. The notoriously volatile cryptocurrency touched a high of $10,293 (£7,319) on Friday as confidence rallied after a series of shocks that saw prices plummet below $6,000 (£4,267) earlier this month. The stabilisation of […]

Bitcoin is ‘noxious poison’, says Warren Buffett investment chief | Technology

Billionaire vice-chair of Berkshire Hathaway calls for crackdown on ‘asinine’ cryptocurrency Bitcoin fell below $6,000 recently on 6 February. It exceeded $19,000 in November 2017. Photograph: Chesnot/Getty Images Bitcoin is heading towards $10,000 again, despite comments from the US billionaire Charles Munger who described the digital currency as “noxious poison”. Munger, the vice-chairman of Warren […]

Berkshire’s Charlie Munger calls bitcoin ‘noxious poison’

Charlie Munger has no patience for bitcoin. During a two-hour question-and-answer session Wednesday at the Daily Journal shareholder meeting, the vice chairman of Berkshire Hathaway and longtime sidekick to Warren Buffett said he considers the current bitcoin craze to be “totally asinine.” “Bitcoin is noxious poison,” Munger said in response to a question. Munger, 93, […]

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