Is the Bitcoin Game about to Stop? Ep 649

Published: Jan. 26, 2021, 2:03 a.m.


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\nBig gains in the most heavily shorted stocks like Game Stop.
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\nRobinhood traders buying Game Stop think they\u2019re smarter than the hedge funds shorting it.\xa0
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\nMarkets can stay irrational longer than you can stay solvent.
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\nIn the short-run, stocks are a voting machine. In the long-run, stocks are a weighing machine.
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\nPrice is what you pay. Value is what you get.
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\nWhen it comes to bubbles, the markets first bankrupt everyone who bet against them, and then bankrupts everyone who bet on them.
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\nPremium for Grayscale Bitcoin Trust is collapsing along with the demand.
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\nIf you\u2019re at the poker table and you don\u2019t know who the patsy is, it\u2019s you.
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