Skip to main content

Fundamentals Be Damned! Cryptos Are Doomed!

Like most things in finance, Katy Perry just called the topped.

Tulip mania had the bubonic plague, the eighties had its jobless recovery, the Dot-Com Bubble had its Pets.com. And now, the mania of cryptocurrencies finally has its own death event...

No amount of Ripple futures will hedge against the risk of a falling pop-star clinging on to the zeitgeist with nails made to look like the bullshit synthetic commodity you have plowed your life savings into...

May god Satoshi have mercy on your souls.

Related

munch-scream-bitcoin2

Welcome To The "Are We All High?" Economy

No we're never ever gonna profit, unless, we get a little crazy.

Oprah.Cryptos

Cryptos Crippled By A Healthy Dose Of Oprah Optimism

The Chosen One made us remember "Hope"...and destroyed the alt-coin market.

(Trump image courtesy Flickr user Gage Skidmore)

What Quantitative Investors Can Learn From the Election

Trump represents uncharted territory for investors. But scrappy analysts can still do some useful charting.