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Peter Brandt on Bitcoin: 50-50 chance of $1MM or ZERO
Peter Brandt, the CEO of Futures/FX trading firm Factor LLC, has tweeted “I think there is a 50% chance it will go to $1MM and a 50% chance it will go to Zero” in Bitcoin. In 2011, Mr. Brandt was named among the 30 most influential persons in the world of finance by Barry Ritholtz’ website. With nearly 500,000 followers, he regularly tweets “about stuff I’ve learned the hard way”. Bitcoin’s bullish run of the last few months has triggered new moves in Wall Street and Main Street. Goldman Sachs is relaunching its crypto trading desk and will set up a custody offering. CME Group has launched its Ether ... (full story)
