BTC ETF denied. Great example of benefits of participation in regulatory process: one CS professor cited ~25 times. https://www.sec.gov/rules/sro/batsbzx/2017/34-80206.pdf …
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Do you think BTC will fail over the long term? I think the demand for cheap/fast payments will remain, current price feels high tho
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This might be my biggest contrarian take vis the tech industry, but I think Bitcoin's long-term value is zero.
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Remember, the market can stay irrational longer than you can stay solvent.
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x100. People on HN recommended shorting BTC at $30.https://hn.algolia.com/?query=short%20bitcoin&sort=byPopularity&prefix&page=0&dateRange=custom&type=comment&dateStart=1335830400&dateEnd=1398988800 …
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I would also short the ETF, but for different reasons, so I'd want some sort of CDS.
Thanks. Twitter will use this to make your timeline better. UndoUndo
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