Is The Price Of Bitcoin Is About To Collapse?
Whitney Tilson’s email to investors disucssing if Bitcoin about to collapse, and a story from Bloomberg, titled, “The Essex Boys: How Nine Traders Hit a Gusher With Negative Oil.” Q3 2020 hedge fund letters, conferences and more Bitcoin Price Is About To Collapse1) I'm still looking into it, but if this article (by an anonymous author) is correct – and I think it is – then the price of bitcoin is about to collapse! The author's argument is simple: roughly 70% of bitcoin's daily trading volume is in another cryptocurrency called "Tethers." This crypto is issued by a company named Tether Ltd., w...