Published on November 14th, 2017 | by bitcoin0
Bitcoin might be unlawful
Commodities guru Dennis Gartman is not backing off his dramatically bearish stance on bitcoin.
“This is a market … for criminals, this is a market for millennials,” Gartman told CNBC’s “Fast Money” on Monday.
“This is a market for pure punters, but there is no value here whatsoever.”
Even the cryptocurrency’s tendency to bounce back in a big way from steep declines is not swaying Gartman.
Gartman added that he appreciates cryptocurrency’s use of blockchain technology, but he believes there are better uses for blockchain.