Tuesday, December 26, 2017

Signs of a Bitcoin top

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Tuesday, December 12, 2017

The volatility in Bitcoin is frightening

[Bitcoin] has been given some sense of legitimacy by the CBOE. So clearly it has given some legitimacy. But when they begin to pay taxes on it, when it ceases to be an avenue for avoiding taxes, when it ceases to be a place where drug dealers are trading and making transactions, then I'll be interested. I'd much rather own steel, I'd much rather own land, I'd much rather own ships. Bitcoin is the modern day Tulip Bulb mania. I will let others trade it, I won't trade it.

Monday, December 4, 2017

Right now it is still a bull market

"You're at this point in the stock market where it can do anything. It's gone parabolic. This is still a bull market. It is stunning to me, surprising to me, but it still wants to go up."