20th Bubble News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Living in the u.s. we look at the u.s. dollar and we say well what's wrong with that and it's a pretty decent value but in reality, most currencies out there fail. maria: so how many bitcoins do you both own? >> we're not commenting on that right now. maria: why not? >> because we are here to talk about the bitcoin futures contract. we may discuss that later at some point. maria: look bitcoin, this past weekend, opens with a thousand dollar spike, 1000 contracts trading hands in the first hour and exchange halt happened because of the volatility and the website crash. all in less than 24 hours...

Maria: it certainly gives you more liquidity that's for sure and tyler you both made the point when you were on the morning show now people could put their money where their mouths are right because you've got people like jamie diamond calling bitcoin a fraud, so if you think it's a fraud go short it. >> absolutely yeah. we've been working really hard to give jamie diamond an opportunity to short bitcoin and anybody who says that it's a fraud or bubble you can go put your money where your mouth is and bet against it. yeah, talk is cheap and that's right. now, you can actually you could bet aga...

Bitcoin was a bubble at $30, bitcoin was a bubble at $100, at 500, a thousand, 5,000, 10,000 and now we're at a bubble at 17,000. you know, golds been a bubble for thousands of years but the bubble framework is really not correct to put against bitcoin. when you think of a company and their stock price. if they produce x amount of unit s one year and the same amount of units the next year and the stock price goes up and the economic productivity hasn't changed the cash flows haven't changed of the company we say that company is overvalued but bitcoin is not a company. it is a network and the v...