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JPMorgan is a well recognised authority on crypto value. why don't they just keep it to themselves and short btc?
by hirako2000 5y ago
JPMorgan is a well recognised authority on crypto value. why don't they just keep it to themselves and short btc?
- bhelkey 5y ago> why don't they just keep it to themselves and short btc If one does a bunch of research that indicates that a stock will increase in value, it is common to buy the stock then publish the research. Anyone swayed by the assessment may buy the stock increasing its value. The same logic applies to shorting a stock.
- hirako2000 5y agovery good point.
- kazanins 5y agoRegulators wouldn't be happy with a systemic bank holding crypto on their balance sheet