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" ... Collectively they organized their collections and opened older “junk wax” as it became an inexpensive alternative to costly modern releases being inflated by speculators. This move to older products allowed for a low-cost entry point to grow the hobby with the present generation. ... "
" ... For these reasons and others, Robert R. Johnson, PhD, CFA, CAIA and Professor of Finance at Heider College of Business, Creighton University, says that Bitcoin and other cryptocurrencies are "the purview of speculators." No one should consider buying Bitcoin or any other cryptocurrency as an investment, he says. ... "
" ... Immediately after JC Penney filed for bankruptcy protection, speculators gave its stock price a ... [+] short-lived boost, even though in most cases shareholders wind up with nothing in after a bankruptcy. ... "
" ... One reason we may not expect Bitcoin to perform as a safe haven asset is if it is used for speculation. If that’s the case, then it’s not surprising that speculators would sell at times of market stress. On the other hand, if it were owned by long-term investors, then pricing might be more stable when the market is under duress. ... "
" ... The price of Bitcoin, which is the world’s largest cryptocurrency, has increased approximately 23% in the past five days. That’s good news for Bitcoin investors and speculators. For Warren Buffett, however, it’s completely irrelevant. Why? Buffett has called Bitcoin, among other names, “rat poison squared” and has said he won’t ever buy the cryptocurrency. “I don’t have any cryptocurrency and I never will,” Buffett told CNBC in February, when Bitcoin was trading at about $10,000. Here are 3 reasons why Buffett will never own Bitcoin, no matter how high the price of Bitcoin soars: ... "