WARREN BUFFETT: 'Stay Away From Bitcoin. It's A Mirage'

On CNBC just now, Warren Buffett said the following when asked of Bitcoin's potential.

"Stay away from bitcoin. It's a mirage." - @WarrenBuffett on the virtual currency $BTC

- CNBC (@CNBC) March 14, 2014

He also mentioned they lack intrinsic value.

This comes several days after Goldman Sachs analysts cast doubt on the viability of widespread adoption of Bitcoin, arguing it remains too volatile.