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
18,460 Blog Posts

Dan Nathan Tells Evercore’s Rich Ross to ‘Piss Off’ During Heated Debate Over Bitcoins

Evercore’s Rich Ross stepped onto the CNBC set this evening with venomous malice for the crypto currency world. He went over the charts and saw nothing worth liking, flippantly discarding the asset class as something beneath him and his institutional clients.

Watch Ross as he maligns the crypto currencies, calling the hands that own them less than weak — but in fact ‘baby hands’ of a 13 yr old befit with a credit card ready for action.

“Let’s not even compare this to stocks for a second. What bothers me, we’re staring at the greatest bull market in the last 20 years, where you can double your money in like the best industrial companies — like a Boeing, which is sort of pillaring here for no good reason, up over 200% over the past two years and we’re talking about this stuff here that’s lost over 50% of its value in a month.”

Enter Dan Nathan, the ever gracious host at Fast Money — taking exception to Ross’s glib commentary on crypto currencies, taking Ross to task for impugning the integrity of this asset class that has attracted all of the finest people.

I won’t even transcribe the damned exchange. Watch it for yourselves and prepare to cringe.

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14 comments

  1. cancel19

    CNBC does sometimes has its nuggets! LOL

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  2. gappingandyapping
    gappingandyapping

    That show has never been the same since 2005 and Dylan Ratigan. All these fucking pet names and bullshit drive me to not watch it. And while this Dan guy probably sucks a monster mule dick, this Rich Ross clown looks like a Z list actor on car rental commercials who needs a good ass whippin. Good TV though, just need to see them box it out and they need a hot bitch hosting the show.

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    • joyous__ending

      I too was a daily watcher of Fast Money in the early years 2005-2010 years. They actually gave insight to what was taking place. It had an underground (iBankCoin) feel to it, that is just not there anymore.

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  3. s.k.

    That Dan Nathan guy got take to the wood shed. I was embarrassed for him.

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  4. oldmantrader

    Piss off ?really that is the best this guy could do. Have not watched this show in years. May change if they actually start insulting each other and maybe a little fisticuffs

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  5. lawbroker

    If these clowns on Fast Money were so good at managing money they wouldn’t be on the TV every afternoon

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  6. moosh

    It is like only thirty minutes of their day (after close) when they are on tv, to be fair. Some commentors here probably take that much time to post a comment… show

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    • lawbroker

      Valid point. I do wish there was more accountability regarding their on-air picks.

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  7. sarcrilege

    just about as original as midget wrestling

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  8. natehois

    Evercore guy is a bit obnoxious but he’s right

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  9. RaginCajun

    Yikes. Cringe indeed.

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  10. ccassara

    That was pretty tough to watch, but awesome at the same time. I am surprised that, as the host of a show, he had nothing better to come back with other than a ‘Piss off’.

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  11. heads up

    Polite people say urinate away.

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