Bitcoin’s Fall from Grace: Warren Buffett Said It All Along


Bitcoin

Talk of the crypto-town is Bitcoin’s massive fall from grace. It seemed to be holding steady at around $6,300/$6,400 for most of October, but now it’s holding on for dear life. Mid-November saw the coin drop unprecedentedly. It began crashing and continues to today.

At the time of writing, Bitcoin is priced at $4,2oo per coin and down a further 4% on the day.

What Happened?

Some will blame Bitcoin Cash’s hard fork for creating an industry scare. Some will blame talk of regulatory scrutiny for rattling investors.

But others will say, …

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