The guy who sold Bitcoin for less than $ 20,000 would know



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In December 2017, Bitcoin, former IMF economist Mark Dow, who had announced his $ 20,000 short position and closed his position at $ 3,000, had been more successful than expected.

Dow, the largest crypto currency, now has about $ 12,000 before the $ 5,000 personal Twitter account is available. Bitcoin is available, he said. Cryptocurrency has increased sharply from 4150 to 5078 hours after Dow's tweet.

In December 2018, Dow told Bloomberg that it had closed the short position for $ 20,000 a year ago, when the price had dropped to $ 3,500.

Dow that day "I'm done. I do not want to try to reset this thing. The increase in the price of Bitcoin in 2017 can be attributed in part to the fact that many people do not understand the currency or the underlying technology of Blockchain. They just saw him go up and asked for a piece. People's dreams can go even further if they do not understand the problem and break with reality. This allowed the balloon to become much bigger and more severe.

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