One more bullish view got added in favour of bitcoin last week. This time it came from Nassim Nicholas Taleb,
an American-Lebanese academic and hedge fund manager, who believes that bitcoin can touch $1,00,000 and there
is no way to properly short the bitcoin ‘bubble’.
In his tweet Taleb said, “No, there is NO way to properly short the bitcoin “bubble”.
Any strategy that doesn't entail options is nonergodic (subjected to blowup).
Just as one couldn’t rule out 5K, then 10K, one can't rule out 100K.”
He tweeted just before the future trading in bitcoin went live last night. Taleb has around 2.28 lakh followers on Twitter.
In another tweet, he said, “Note that Bitcoin has a limited number of natural sellers. The entire concept is very concave supply .