John Pfeffer
6 statements across 1 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement May 28, 2018 by John Pfeffer · said 2 times in 1 episodes since 2021 · across every show →
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May 28, 2018 bullish
Pfeffer argues Bitcoin entry price is immaterial due to its binary payoff.
“Whether you're buying Bitcoin at 700 dollars or 7000 dollars or 17,000 dollars is frankly less material because you're either going to lose all your money or make a big multiple. There's no way it's going to be worth if whatever it is, 9000 dollars today, four…”
May 28, 2018 positive
May 28, 2018
May 28, 2018 bearish
May 28, 2018
May 28, 2018 bullish
Pfeffer exited all fund crypto holdings except Bitcoin due to valuation concerns.
“Came to the view that I said, you know what, actually, look, at the time it was, I just don't see how the current values of anything but Bitcoin can be justified, and we got out of everything but Bitcoin, and that enabled us to take our basis plus a return out”