Gartman: I'm avoiding Bitcoin like the plague. - page 2.

franky1

legendary

Activity: 4424

Merit: 4794

Quote from: jc01480 on May 21, 2014, 12:18:43 PM

Gartman: I'm avoiding bitcoin like the plague

translation:
dont by bitcoin because the price will rise, and that will mean my best friend will have to pay more. so i will scare people away from bitcoin so my friend can buy in cheap. because he knows its a good investment. but i dont want you knowing that

hellscabane

legendary

Activity: 896

Merit: 1000

Since he is avoiding it like the plague, does that mean he is avoiding it unsuccessfully and that all of his attempts is just a try to get more coins for cheap before the next run-up? Maybe, he’s speaking in code and telling all of his drug overlord friends of the next step.

I know he’s like every other mouthy business spokesperson (i.e. stupid, ill-informed, and incapable of critical thought), but heck it’s fun to make up hidden meaning out of nothing.

Lethn

legendary

Activity: 1540

Merit: 1000

I know we're supposed to get insulted by these kind of labels but honestly, like being called a terrorist by these people, it really is becoming a badge of honour to have people like that view us with such disdain, Bitcoin is mathematics and you can't just simply dismiss it or ban it, lets enjoy the hate from bankers and American regulators Cheesy

Balls

sr. member

Activity: 338

Merit: 250

Just another person making his mind up based on sheer ignorance. They'll come around eventually.

BlockStreet

newbie

Activity: 27

Merit: 0

Gartman, forever the Bear.

He states the only reason why he has any interest is because his friend Brad Rotter is interested, then trashes Bitcoin as "a harbor of thieves and drug dealers". Rotter is a hedge fund investor and very interested in the physical and tech security space. Why would people follow Gartman's lead when he turns a deaf ear to what his good friend, a security specialist, is recommending? I look askance at someone who lacks flexible thinking.

It does, however, point to a lingering perception in the public that Bitcoin is not legitimate. I think that will evaporate after the next up-cycle (I think we're getting close to a run, btw) but there needs to be a concerted PR and educational effort to clean up the reputation of Bitcoin. That can only help long term viability.

Mr Tea

sr. member

Activity: 270

Merit: 250

Well I'm glad he had the balls to change his mind at least.

bitsmichel

sr. member

Activity: 518

Merit: 250

Quote

Gartman: I'm avoiding bitcoin like the plague
5 hours ago 1:07 CNBC Videos

CNBC is controlled by the CIA / banksters, its not a very reliable news source if you want more factual news.

Quote

Who is this idiot?

Either someone who gets paid for saying this or someone who has been misinformed.

jbrnt

hero member

Activity: 672

Merit: 500

I believe Gartman did not take time to understand and read about bitcoin. He obviously got his impression from the mass media stories on gox and silkroad.

drrussellshane

hero member

Activity: 546

Merit: 500

You can't snort coke with a rolled up bitcoin.

Unless it was a paper wallet. Then you could.

Tedward

newbie

Activity: 42

Merit: 0

Lol cant respect anyone who comes out with this crap and doesn’t realise their double standards.

jc01480

hero member

Activity: 854

Merit: 500

Nope..

http://finance.yahoo.com/video/gartman-im-avoiding-bitcoin-plague-110800481.html

Gartman: I'm avoiding bitcoin like the plague
5 hours ago 1:07 CNBC Videos

It's the harbor of thieves and drug dealers and I will leave it to others, says Dennis Gartman, "The Gartman Letter," sharing his thoughts on the digital currencies and providing his play on coal and aluminum.

Who is this idiot?

Topic: Gartman: I'm avoiding Bitcoin like the plague. - page 2. (Read 1944 times)