Commodities Analyst Calls Bitcoin “Nonsense” and then Loses Money on Blockchain Investment

[kreslik.news]

Talking on CNBC’s Power Lunch last December, Dennis Gartman, editor and publisher of a daily market commentary newsletter, responded to the question of how much of the booming Bitcoin market he plans on buying next year with these words:

“I’m gonna buy none of it next year, I’m not selling any of it, I’m not buying any of it, I’m not trading any of it, it is nonsense. I’m a believer in the computer techonology behind it, blockchain, but do I believe at all in Bitcoin? No, not even slightly.”

He would have done well to stick to his guns, or at ... (read more)