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RE: I can SAY almost with CERTAINTY that they will COME to a BAD ENDING - Warrent Buffet

in #bitcoin8 years ago

I think he is right when he says what's happening now will come to an end in a bad way. I don't think the technology will come to a bad end, but I think the current state will. There's no way things should be working the way they are. We have absolute vaporware with market caps over a billion dollars. We have coins whose main appeal is that they pay crypto dividends, but the valuation on the coin makes the dividends pay peanuts in percentages. I think the solid tech coins have a long way to go in the upward direction, but if you picked out all the useless or scam coins out of the market today, you'd be able to find $100+ billion of value without much trouble.

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agreed. not to discredit any coins and its developers but I think dogecoin is one of those overvalued coins. even its owner and develop admits it's way overvalued.