Tag Archives: poison

Bitcoin Is ‘Poison,’ Says Berkshire Billionaire Charlie Munger

At a time when investors were looking to conglomerate Berkshire Hathaway for details about stock holdings, the company’s leadership was focused on another area: cryptocurrencies. Berkshire Hathaway’s Charlie Munger spoke out about bitcoin, which he sees as a “noxious poison.”  Munger spoke about the latest investment craze at a shareholder meeting for Daily Journal, a […]

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 […]

Bitcoin price LIVE: BTC price nears $10k as Ukrainian ‘poison ad’ group is finally exposed | City & Business | Finance

7.30am MORNING HEADLINES Good morning, and welcome to our rolling coverage of all things cryptocurrency, including price, regulation, innovation and financial crime. Don’t call it a comeback…yet. BTC is currently priced at  $9,766, marking a $281 rise on the day so far. Ethereum is slowly creeping back to the $1,000 mark, with XRP also slowly […]

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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