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OTCbid - Bitcoin is in a 'massive bubble' and investors don't understand how its supply works...



" Economist David Rosenberg told Bloomberg he believes bitcoin is in a bubble and investors don't understand supply dynamics of the cryptocurrency.

"You speak to most people that are asking me to put money in bitcoin, they can't even tell you who the person was that developed it or even how it's actually mined," the Rosenberg Research chief economist said. "It's just a classic, follow-the-herd, extremely crowded trade. It's in a massive bubble." Bitcoin reached a record high of $23,777 on Thursday shortly after topping $20,000 for the first time ever on Wednesday, marking a 20% gain over the past day. The cryptocurrency is now up over 200% year-to-date, but Rosenberg said the chart looks "absolutely crazy right now."

Bitcoin's rally comes as several institutional investors and fund managers place sky-high predictions for the coin. On Wednesday, Guggenheim's global chief investment officer, Scott Minerd, said bitcoin will surge to $400,000 based on its scarcity and value relative to gold." - Read Full Article


Source: businessinsider



4000 BTC BUYER IN DUBAI AVAILABLE

-1% Gross, +2% Net, Cash F2F, Dubai

Look For Seller Only - OTCbid.com


NEW: 4000 BTC @ -1% gross, +2% net, F2F, Cash, Dubai - Look For Seller

(Buyer: SF**PF)

Post: 18.12.20

  • Buyer wants to buy 4000 BTC @ -1% gross, +2% net

  • Buyer = +2%

  • Buyerside = 1.5%

  • Sellerside = 1.5%​

  • PROCEDURE:

  • 4000 btc cash in Dubai

  • Tranches of 500 BTC

  • LOI is ready

  • POF can be provided

SELLER MANDATE ONLY

Interested parties should contact :

​​

  • OTCbid@gmail.com

  • DM Raymond Chai (on Linkedin)

  • Telegram @ OTCbiddotcom

  • Telegram: +1 (786) 632 8577

  • OTCbid.com


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