Lost his fortune? He is worth 85 billion dollars, mainly through his trading strategy of only investing in things that have good fundamentals. He didn't get rich by investing in purely speculative instruments that don't have any fundamentals.
Could he have made money if he could see into the future and see bitcoin's current price? Yes, but it's hard to predict how many new buyers will continue to enter Bitcoin.
I completely agree with his assessment. Bitcoin's value depends entirely on new people joining the bitcoin market - the second that stops the bubble pops, you just can't tell when it's going to pop.
Could he have made money if he could see into the future and see bitcoin's current price? Yes, but it's hard to predict how many new buyers will continue to enter Bitcoin.
https://www.youtube.com/watch?v=PxA7sH5ZqLA
I completely agree with his assessment. Bitcoin's value depends entirely on new people joining the bitcoin market - the second that stops the bubble pops, you just can't tell when it's going to pop.