/biz/ - Business & Finance

>>54800864
>The million dollars is nothing compared to losing his reputation
agreed. There are people who say he did it to make money on the short term upward movement of btc, but I doubt it. He's already rich, now he wants public recognition.
>>54800847
>I don't think it will happen within 90 days.
I agree, the time horizon is way too short.
I will say, however, when he made the bet, it looked like there was going to be a major banking collapse (Silver gate had just gone down). He got high on his analysis and didn't take into account the Fed's ability to backstop the system.

>>54416863
2