179: Mike Komaransky Going All In: The Fixed Income Trader Early to Bitcoin

Published: Aug. 27, 2019, 8:42 a.m.

b'For many, this will likely be the first time hearing about Mike Komaransky, but those who know him already, know him as a Bitcoin OG\\u2014and deservedly so, as he began accumulating the cryptocurrency around 2010.\\nThough Mike has been a professional trader of fixed income derivatives since 2001, when he joined powerhouse trading firm DRW. Mike later became a partner at DRW, and in 2014 he launched its cryptocurrency trading business Cumberland\\u2014which grew to become one of the world\\u2019s largest market makers.\\nAfter leaving the company in 2017 and a hiatus from active trading, Mike has returned as the founder and head of Grapefruit Trading.\\nOver the course of our conversation, we chat about; Mike\\u2019s distinguished trading career, the strange ways that he bought Bitcoin in the past (when it was far less accessible), Cumberland\\u2019s participation in the auction of seized Bitcoin from the Silk Road bust, Mike\\u2019s disdain for technical analysis, and plenty more\\u2026\\nLearn more about your ad choices. Visit megaphone.fm/adchoices'