1 min readJul 30, 2018
- Somebody should apply for a cryptocurrency ETP not based on just Bitcoin, but based on a basket of the top 10 or top 20 cryptocurrencies. Why just Bitcoin?
- There is a fallacy going on, wrapped in academic statistics, that suggests Bitcoin price may have been manipulated when its price skyrocketed to $20,000 late last year. It’s all based on trade correlations between Bitcoin and Tether’s USDT. This fallacy, together with this failure to obtain SEC approval for this ETF, are all FUD.
- I don’t know when it’s going to trend upwards again, but I believe that the long-term trend is still upwards for most of the top 10 cryptocurrencies.
