iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
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Jim Cramer Defecates on Bitcoin Again: ‘This is One of the Least Functional Markets I’ve Ever Seen’

The former Goldman alumni and professional stock hustler, part time owner of shitty Mexican restaurant in Brooklyn, got up this morning and decided to talk greasy about Bitcoin again — saying bitcoin is the least functional market he’s ever seen and how the owners of bitcoin do not seem to be piggish, whatsoever. He queried that sellers might step in when the crypto market surpassed $1 trillion in cap, which is more than double present values.

All in all, Cramer doesn’t have a god damned idea what he’s talking about.

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3 comments

  1. duuude

    Asshole thief

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  2. sarcrilege

    What an idiot and intellectual midget. The least of functional markets ‘cuz there’s no additional supply? The laws of scarcity and supply/demand equilibrium were not taught in Cramer’s kindergarten?

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  3. soupbone

    If people don’t want to sell at least take the original investment off the table and play with house money. Or prune it back everytime it exceeds 20% of net worth. Anything proactive will be good.

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