The debate rages on: Is bitcoin the biggest bubble in human history? The headline-grabbing crypto currency is up over 2,000% in the past year alone. We're hosting an in-depth discussion (and live viewer Q&A) on the topic Monday December 18th with currency guru Josh Crumb and Hedgeye CEO Keith McCullough. Click here to reserve your free seat.
In the meantime, here are four videos on the topic...
1. Neil Howe: 3 Reasons To Be Bearish Long-Term on Bitcoin
The debate rages on: Is Bitcoin the biggest bubble in human history? The headline-grabbing crypto currency is up over 2,000% in the past year alone. In the video above, Demography analyst Neil Howe offers three reasons to be skeptical about the cryptocurrency’s parabolic ascent. Howe recently hosted an institutional call on Bitcoin. The excerpt above (and write-up below) provide a brief overview of why he’s bearish on Bitcoin’s long-term prospects.
2. McCullough: I Am Officially Joining the Bitcoin Debate
When it comes to Bitcoin, we have largely stayed on the sidelines. That all changed when it was announced that the much-buzzed about cryptocurrency would start trading on both the CBOE and CME futures and options exchanges in the next week or so. This opens up a whole host of new opportunities for investors. As Hedgeye CEO Keith McCullough says, "I might buy Bitcoin. If it’s a bubble, why wouldn’t you buy a bubble on a pullback?”
3. Rickards: ‘Bitcoin is a Ponzi Scheme’
Bitcoin has been in existence for all of eight years but a debate is raging in the investing community: Is the cryptocurrency actually useful beyond just being a vehicle for speculation? At its worst, does it help facilitate highly questionable and illegal transactions and activity? Among the cryptocurrency's big skeptics is currency guru and bestselling author Jim Rickards. He sat down to discuss this (and much more) during a new "Real Conversation" with Hedgeye CEO Keith McCullough.
4. Buy Bitcoin? Here’s What Billionaire Michael Novogratz Says
Senior Macro analyst Darius Dale offered some interesting insights from a recent dinner with private investor Buddy Carter and his son, who is interning under billionaire and former Fortress Investment Group hedge fund manager Michael Novogratz. Novogratz has famously allocated 10% of his money to cryptocurrencies Bitcoin and Ether. The intel from Dale’s discussion about Novogratz might surprise you.
