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  • Billionaire investor Warrant Buffet was once again talking down Bitcoin on CNBC.
  • Buffet was speaking of pity for those that bought Bitcoin out of hope it would change their lives.


Billionaire investor Warren Buffett has not been shy in the past of expressing his dissatisfaction with cryptocurrencies in general, particularly Bitcoin. He was speaking to CNBC and said it is a delusion, further harsh words from the well-respected investor.

Further speaking on CNBC he noted; “Bitcoin has no unique value at all.” The Berkshire Hathaway CEO spoke of pit for those he called optimists that purchased the world’s largest cryptocurrency in hope that it would “it would change their lives.”

Bitcoin price on Monday is seen trading up with very minor gains of some 1.25% into the second half of the session. The price is moving within consolidation mode, after being hit hard by sellers in the session on Sunday.  


BTC/USD daily chart