QUARKCHAIN REVIEW: CAN QUARKCHAIN DOMINATE THIS SPACE?!
You can switch off notifications anytime using browser settings.
RCom sells its optic fibre, related assets to Reliance Jio for Rupee 3,000 Cr
BuyLarsen & Toubro, target Rs1,570: Motilal Oswal Securities
Bitcoin To Usd Chart Coingecko , target Rs376: Edelweiss Financial Services
BuyNMDC, target Rs155: Edelweiss Financial Services
BuyWestlife Development, target Rs485: Nirmal Bang Securities
Shorting bitcoin a challenge, prices likely to top $100,000: Nassim Nicholas Taleb
Select Portfolio and Asset Combination for Display on Market Band
Shorting bitcoin a challenge, prices likely to top $100,000: Nassim Nicholas Taleb
In his tweet Taleb said, “No, there is NO way to properly short the bitcoin “bubble”.
NEW DELHI: One more bullish view got added in favour of
manager, who believes that bitcoin can touch $1,00,000 and there is no way to properly short the bitcoin ‘bubble’.
One of the top modern philosophers, Taleb is known for predicting black swan events. He predicted the 2008 crisis, 2016 US presidential election and the outcome of Brexit vote.
In Pics: 14 things about Bitcoin no one may have told you
In his tweet Taleb said, “No, there is NO way to properly short the bitcoin “bubble”. Any strategy that doesn't entail options is nonergodic (subjected to blowup). Just as one couldn’t rule out 5K, then 10K, one can't rule out 100K.” He tweeted just before the future trading in bitcoin went live last night. Taleb has around 2.28 lakh followers on
In another tweet, he said, “Note that Bitcoin has a limited number of natural sellers. The entire concept is very concave supply (it costs more and more to extract). The number of producers shrinks with time.”
Bitcoin recently surpassed the $19,000 level last week. The e-currency was trading at 22 per cent up at $16,796.16 at around 11.25 am (IST), according to the data available with coingecko.com.
The sudden spike in bitcoin prices were witnessed on Monday after first-ever bitcoin future began trading on Sunday, as the increasingly popular virtual currency made its debut on a major US exchange.
in a tweet earlier said, “Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the
, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else.”
Back home, the government is planning to set up a panel to decide on bitcoin policy, ETNow reported on Monday quoting agencies.
(RBI) had also warned the public of the risks of virtual currencies (VCs). The apex bank last week reiterated its stand that “it has not given any licence or authorisation to any entity or company to operate such schemes or deal with Bitcoin or any VC.”
"In the wake of a significant spurt in the valuation of many VCs and rapid growth in Initial Coin Offerings (ICOs), RBI reiterates the concerns," the central bank said in a statement.
Cryptokidnapping, or how to lose $3 billion of bitcoin in India
South Korean swaps bitcoins for 2 mln euros in fake notes
Bitcoin stumbles to end miserable week for cryptocurrencies
View: Bitcoin's greater fools have gone into hiding
Commenting feature is disabled in your country/region.
His liver & kidneys have failed. Please save our dying child
The most exciting tech you own is in your driveway. Bitcoin To Usd Chart Coingecko
1-year-old struggles for every breath and needs urgent help!
Modi may finally have some good news coming his way
Prevent jobs from going to H-1B visa holders: USCIS director
Axis job imminent? Amitabh Chaudhry sells shares worth Rs 55 crore in HDFC Life
Tata Sons buys beaten down Tata Motors in a show of support
25 stocks that drive India’s largest DII portfolio of Rs 6.50 lakh crore
Stocks that turned Rs 1 lakh into over Rs 10 lakh in just three years
How the Rs 11, 000 crore Niravgate will affect Indian diamantaires Bitcoin To Usd Chart Coingecko
0 Reviews:
Post Your Review