American broadcaster and bitcoin-Max Keiser optimist lashed out at the investor-billionaire and CEO of Berkshire Hathaway Warren Buffett and his Vice President Charlie Munger. Recently, Buffett has compared bitcoin and other cryptocurrencies with “rat poison in the box”, and Munger called the passion of their “dementia”. Such observations have caused the reaction of millions of supporters of the cryptocurrency market.
In response, Max Keiser, a well-known filmmaker and broadcaster, in his program the Keiser Report on RT with indignation, said:
Bitcoin is a reaction to Warren Buffett and his friends, corrupt capitalists. They don’t want to come down from the pedestals of crony capitalism and to abandon the free money Central banks, so do the attacks on the cryptocurrency.
Adding fuel to the fire, Munger said recently that trade digital currencies is a “lesson for those who have underdeveloped child’s mind”. Earlier, the 94-year-old Harvard graduate also said that bitcoin is “the height of insanity”. In an interview with Yahoo! Finance he called the flagship bitcoin “antisocial, stupid and immoral”.
Kaiser has responded to these comments by stating that cryptocurrency will soar above $30 000 “just before the death of the manger”. Previously, Kaiser had argued that bitcoin may reach $100 000.
Not to mention the time frame, the Kaiser said to predict the future growth allows the analysis of the situation on the current cryptocurrency market. It is noteworthy that the famous cryptanthus John McAfee several times expressed confidence that by 2020 the price of bitcoin will reach $1 million
Meanwhile, another billionaire and “bitcoin bull” Mike Novogratz said that it would be “irresponsible” not to have bitcoin in their portfolio. Also, according to him, investors need to keep 1-2% of their funds in this cryptocurrency. He noted that people should invest in cryptocurrency because in the end, blockchain technology will significantly affect our lives.
Managing partner of Fundstrat Global Advisors Tom Lee, in turn, published a detailed forecast on how and when the price of bitcoin will reach $39 000, by associating his predictions with the current activity in the mining industry.