Legendary investor Mr Warren Buffet had constantly been bashing on Bitcoin and states that he would never invest in cryptocurrencies as he was so certain about the cryptocurrencies would come to a bad end.

For now, an anonymous crypto-asset bull from Australia is betting millions of dollars on the prospects of Bitcoin to surpass the Warren Buffet-headed, Berkshire Hathaway by 2023.

Aussie anonymous punter made this AUD$8.5 million on the trust that bitcoin price that will spike beyond the share price of Berkshire Hathaway Class A shares — which are currently trading at more than US$280,000 above BTC, according to the chief executive officer of bookmaker William Hill Australia.

Warren Buffett raised a caution that BTC was a bubble and he reiterated similar remarks while the pioneer cryptocurrency was lingering with bullish sentiments at around $US320, it was advocated again by him that people to stay away from bitcoin. He further criticized it as “rat poison squared” during the annual shareholder meeting of Berkshire Hathaway.

Currency Strength Index: FxWirePro's hourly BTC spot index has shown -117 (which is bearish), while USD is flashing at 58 (bullish), while articulating at 07:00 GMT.

For more details on the index, please refer below weblink:

http://www.fxwirepro.com/currencyindex