This horse has left the barn.
Category: crypto
Alan Greenspan Compares Bitcoin To America’s Worthless Colonial Currency
“People gamble in casinos when the odds are against them. It has never stopped anybody.”
Veteran Trader: ‘Bitcoin Futures Will Trade Like Garbage’
“Now before you dismiss me as some ancient out-of-touch finance guy who doesn’t get it, remember that I was mining bitcoins and arbing between exchanges before most of Wall Street had ever heard the word blockchain.”
Cboe Announces Bitcoin Futures Launch: End Of The World Starts Sunday
“Given the unprecedented interest in bitcoin, it’s vital we provide clients the trading tools to help them express their views and hedge their exposure.”
U.K. Treasury Plans Bitcoin Crackdown Sparking Panic Selling
“The new rules, which will be applied across the European Union, are expected to come into force by the end of the year or early in 2018, the minister in charge has said.”
Venezuela To Launch Cryptocurrency Called ‘The Petro’, Maduro Declares
“We are joining the twenty-first century.”
As Bitcoin Surges To New Record, Meet ‘Bubble Burst’, The App That Warns You Before A Crypto Collapse
“…none give you adequate warning when something is going to happen.”
Goldman’s Blankfein Says Bitcoin Is For ‘Fraud’ But Don’t Worry, Trump Administration Is ‘Monitoring It’
“One of the main uses of Bitcoin is as a vehicle to perpetrate fraud.”
Your Retired Grandmother ‘Never Had As Much Fun’ As She’s Having Trading Bitcoin While Playing Poker In Vegas
“Believe me, I didn’t have this much fun with T. Rowe Price.”
Coinbase Loses: Ordered To Report 14,355 Users To The IRS
“Coinbase is ORDERED to produce the following documents”…
Bitcoin The False God.
Meanwhile, this is becoming something akin to a religion. And I’ll show you what I mean.
Jack Bogle: ‘Avoid Bitcoin Like The Plague, Clear?’
“Did I make myself clear?”
Bitcoin Vs. Dot-Com Bubble: You Are Here
“All of my indicators would say that in terms of value creation we are about at the start of 1999.”
Bitcoin At $9,900: Korea PM Says It’s ‘Corrupting Youth’, Novogratz Sees $40K, Searches For Crypto On Credit Soar
“If we let things continue, I feel some serious pathological phenomenons could occur.”
Bonanza: Bitcoin Hits $9,200, Up 200% Since Jamie Dimon ‘Fraud’ Call
Jamie never said it wouldn’t go to the moon. In fact, I bet his “target” price was higher than yours…
Bitcoin Explodes Through $8,700 To Record High: ‘Thanksgiving Table Discussion Was All About Bitcoin’
“I suspect that pattern was repeated across tables everywhere.”
‘Just Add Blockchain’
“We will continue to increase our involvement and support of the blockchain ecosystem, as we ramp up our Bitcoin mining operations.”
Jamie Dimon Is Taking A Tony Soprano Approach To Bitcoin Futures
Jamie Dimon is a gangster. You’d do well to remember that.
Tales From The Crypto: Bitcoin Dumps And Pumps After Tether Robbed Of $31 Million
Everyday it’s something else.
Bitcoin Surges Above $8,000 As Stupidity Goes Parabolic
To be sure, it’s impossible to know when something like this will finally succumb to reality, but these kinds of things are vulnerable to crises of confidence and in the absence of any kind of fundamental thesis to fall back on, it won’t be immediately clear where the “bottom” is when Wile E. Coyote finally looks down.
‘Father Of HFT’ On Bitcoin Futures: Peterffy Warns CFTC Of ‘Suicidal’ Decision
“…if the Chicago Mercantile Exchange or any other clearing organization clears a cryptocurrency together with other products, then a large cryptocurrency price move that destabilizes members that clear cryptocurrencies will destabilize the clearing organization itself.”
Head Over Heels For Bitcoin
“When given a choice between $1,000 worth of Bitcoin and $1,000 worth of a traditional financial asset, 27 percent of millennials chose Bitcoin over an equivalent amount of stocks, 30 percent chose Bitcoin over government bonds, 22 percent chose Bitcoin over real estate, and 19 percent chose Bitcoin over gold.”Â
The End Of Money.
What’s implicit there is that if the dynamics that “saved” the fiat regime were to reverse course, well then the untethered system could face an existential crisis.
Here’s How The Crypto Bubble Bursts
“What I am really getting at here though is that most of these people have no experience whatsoever with losing money in investments. When the bubble bursts all of them will be headed for the exit at the same exact time.”
Bitcoin Blasts Off Above $6,600 – Only $493,400 To Go…
In yet another truly absurd leg higher…
‘It’s Enron In The Making’: Prince Alwaleed Says Bitcoin ‘Is Just Going To’ Up And ‘Implode One Day’
“I just don’t believe in this Bitcoin thing, I think – I think – it’s just going to implode one day.”
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