JPMorgan’s top quant strategist backed his boss this week in bashing bitcoin, warning that the cryptocurrency is likely a “pyramid scheme.”…
“It’s not worth it to look at bitcoin two months, two weeks ahead,” Lee argued, saying he still believes each bitcoin will be worth $25,000 in five years.
Eulogy made by Marko Kolanovic
Latest posts by Zsofia Elek (see all)
- “Why Bitcoin will go the way of the tulips” – Financial Review | $7,058.75 - November 16, 2017
- “Bitcoin is a bubble, no plans to short-sell: Japan Post Bank CIO – Reuters” | $7,058.75 - November 16, 2017
- “Bitcoin Price Will Go To Zero As Bitcoin Will Struggle To Remain The Dominant Cryptocurrency” – Seeking Alpha | $6,598.05 - November 15, 2017