Bitcoin At $6,000: Who’s Going To Be Left Holding ‘Their Own’ John McAfee?

Don’t be a fool.


Frowny Emoji: Bitcoin Falls Most In A Month On CFTC ICO Jitters

Well, Bitcoin is now down something like 9% from highs hit just a few days ago, underscoring just how volatile things are in the land of make-believe space tokens.

Goldman Asks: ‘Is Bitcoin The New Gold?’

“An understanding of the physical nature of Bitcoin allows us to revisit our previous analysis of the physical characteristics of precious metals, comparing and contrasting them with cryptocurrencies.”

Some Guy Named Adam Ludwin Wrote A Letter To Jamie Dimon…

“Dear Jamie. Last week you said a few things about Bitcoin” …

As Dimon Shrugs Off ‘Stupid’ Bitcoin Buyers, One Bank Asks: ‘What Is A Bubble?’

“The dot com bubble had the internet. A constant theme of bubbles is the ability of speculators to shout that dreaded cry “this time it’s different.” Logical arguments against the bubble can then be disregarded as speculators declare that the doubters simply do not understand that the world has changed.”


It’s Friday the 13th…

UBS: Bitcoin Selloff Was Worse Than Weimar, Crypto Will ‘Never’ Be True Currency

“For context, Bitcoin’s collapse in value in early September was worse than the collapse in the value of the German mark at the start of the Weimar hyperinflation.”

‘You Know What? It’s Fine.’

There’s always tomorrow…

It’s Time For JPMorgan To Start Trading Bitcoin

Well unless cross-asset volatility picks up in a hurry, it looks like the irony for JPMorgan is that they might want to consider following Goldman over to the crypto “dark side”…

Kenneth Rogoff: Bitcoin Will ‘Collapse.’ Oh, And Putin Is Worried Too.

“My best guess is that in the long run, the technology will thrive, but that the price of bitcoin will collapse.”

Kyle Bass: Cryptocurrencies Are A ‘Mania At The Moment’

“A whole bunch of people are going to lose a lot of money.”

BlackRock Won’t Touch Bitcoin, But They’ll Gladly Sell You An ETF Nightmare

“…to all the Bitcoin fans and crypto-crazies out there, I’ve got good news: I’m siding with you on this one.”

Blankfein: Goldman Isn’t ‘Endorsing Bitcoin’ – Until They Decide How Profitable It Will Be

“Still thinking about #Bitcoin.”

Goldman To Start Bitcoin Trading Operation: WSJ

“In response to client interest in digital currencies we are exploring how best to serve them in this space.”

Dimon Renews Assault On The Religion Of Bitcoin: ‘It’s Worth Nothing.’

“Right now these crypto things are kind of a novelty. People think they’re kind of neat. But the bigger they get, the more governments are going to close them down.”