The Big Short: Former IMF Economist Finally Closes Year-Old Bitcoin Short

The Big Short: Former IMF Economist Finally Closes Year-Old Bitcoin Short


A year ago today, Bitcoin peaked at $19,511. Former International Monetary Fund economist and Pharo Senior Risk Trader Mark Dow made an unpopular bet not long thereafter: Bitcoin would not sustain its growth and the price would slip from there. He entered a short position and rode his intuition all the way to the bank,

The post The Big Short: Former IMF Economist Finally Closes Year-Old Bitcoin Short appeared first on CCN

Posted by P. H. Madore on December 19, 2018 @ https://www.ccn.com/the-big-short-former-imf-economist-finally-closes-year-old-bitcoin-short/

Comments are closed.