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Bitcoin could easily recover, says Anthony Scaramucci
- dotcoma 4y agoYeah, buy the dip! ;)
- seanhunter 4y agoThe obvious question to ask is whether Anthony Scaramucci would have any special insight into the future price trajectory of bitcoin or is he just a regular “fund of funds” manager talking his own book and trying to get people to buy in so he collects his management fee.
- labrador 4y agoSure it could. Or not. Who the hell knows? It's a shot in the dark with Bitcoin because there are growing headwinds. The digital dollar could win the long term. The innovator’s dilemma and U.S. adoption of a digital dollar https://www.brookings.edu/techstream/the-innovators-dilemma-and-u-s-adoption-of-a-digital-dollar/ https://www.brookings.edu/techstream/the-innovators-dilemma-...
- janandonly 4y agoHistorically, it's a bad idea to bed against Bitcoin. See also: https://www.zerohedge.com/crypto/history-not-side-cryptos-grave-dancers https://www.zerohedge.com/crypto/history-not-side-cryptos-gr...
- NoPie 4y agoIt's also a bad idea to assume that historic performance will always continue. But basically, bitcoin has no inherent value. It's a bubble that ultimately will burst.