Snifadog it's okay to dream in digital colour, then when you wake up and come back to reality you will still be standing on a Mugunda like you are doing right now. Even digital assets are created by human beings sitting on a Mugunda. Funny how you cannot see that mugunda is the mother of all assets. Booms and busts and fads and digital assets come and go each decade yet mugunda they sit on ni ile ile. Remember the CD? Came and went. Napster? Came and went. Worldcom? Came and went. These are multi-billion dollar industries. But where has Mahinda gone since God created it over 5000 years ago. Iko tu hapa hapa shwaaaaaa relaxed and comfy and growing in value each day

Sorry mbradza, did we crush your tumbling bitcoin dreams with no compunction?
Sawa let me migrate from this thread but when you lose your shirts as bitcoin tumbles to zero, usiseme hujaambiwa.Again I repeat, what are bitcoin's fundamentals. Bitcoiners and Elliotwavers are two sides of the same coin - pun fully intended. Trading in smoke! WHat is the P/E of smoke? and the EPS? Zero!

Hehe..shindwe kabisa.

Warren Buffett says bitcoin is a ‘delusion’ and ‘attracts charlatans’

“Bitcoin has no unique value at all,” Buffett told CNBC’s Becky Quick in a “Squawk Box ” interview Monday. “It is a delusion, basically.”

The Berkshire Hathaway CEO said he is sympathetic to optimists who bought the world’s largest cryptocurrency in hopes that “it would change their lives.” Bitcoin has lost more than 80 percent of its value since reaching a high near $20,000 at the end of 2017. The cryptocurrency was trading near $3,781 on Monday, according to CoinDesk.

“It attracts charlatans,” Buffett said. “If you do something phony by going out and selling yo-yos or something, there’s no money in it — but when you get into Wall Street, there’s huge money.”

“Bitcoin has no unique value at all. It doesn’t produce anything. You can stare at it all day and no little bitcoins come out. It’s a delusion basically.” Buffett added.

Buffett has been a long-time critic of cryptocurrency. He called bitcoin “probably rat poison squared,” ahead of the 2018 Berkshire Hathaway annual shareholder meeting. A “mirage,” “not a currency,” and “tulips” are among the descriptors Buffett has used for bitcoin, according to CNBC’s Warren Buffett Archive.

Buffett is not alone in his skepticism. Business leaders including Bill Gates, economists Nouriel Roubini and Robert Shiller, and fund managers Ray Dalio and Howard Marks are among those who have questioned bitcoin’s legitimacy.