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RE: Daily: Buffett calls Bitcoin "Bubble" / Intel working with Ledger / Chinese Exchanges
Isn't this the same rhetoric these guys have been spouting for years?, wonder how many years bitcoin has to consecutively increase before they change their tune?
Robert Shiller, 1996: the stock market is in a speculative bubble.
Media, 1998: So, Shiller, the stock market is up, you were wrong.
Stock market, 2000: Implodes.
The fundamental property of an asset bubble has been met for most of Bitcoin's existence: people are only buying it because they think it will go up in price, not based on the value that its network provides.