" After offering testimony to Senate Health, Education and Labor Committee on problems with for-profit higher education,
Eisman was criticized by progressive groups such as Citizens for Responsibility and Ethics in Washington on the grounds that
he stood to profit from proposed regulations due to his short positions against private colleges."
https://en.wikipedia.org/wiki/Steve_Eisman
So, his game is simple : Short Bitcoin, talk trash about Bitcoin, Bitcoin price takes a nose dive, take profits.
These guys just know how to play the game and they will never be caught with the hand in the cookie jar.
https://www.cnbc.com/2018/05/14/big-short-steve-eisman-blasts-cryptocurrencies-bets-against-deutsche-bank.html
" "For the first time in all the years I've covered bank stocks, I can honestly say the financial system in the United States is
safe." <---- Massive Bank Shill. ....Famous last words!
This one hits the spot. Its a typical whale strategy specially for those who want's to get in but too late. So instead of buying at high price, he used his influence, he uses the stage. But if you are familiar with how Bitcoin behaves, it will recover eventually. Bitcoin has gone through this kind of situation before. This is not something new anymore.Eisman was criticized by progressive groups such as Citizens for Responsibility and Ethics in Washington on the grounds that
he stood to profit from proposed regulations due to his short positions against private colleges."
https://en.wikipedia.org/wiki/Steve_Eisman
So, his game is simple : Short Bitcoin, talk trash about Bitcoin, Bitcoin price takes a nose dive, take profits.
These guys just know how to play the game and they will never be caught with the hand in the cookie jar.
https://www.cnbc.com/2018/05/14/big-short-steve-eisman-blasts-cryptocurrencies-bets-against-deutsche-bank.html
" "For the first time in all the years I've covered bank stocks, I can honestly say the financial system in the United States is
safe." <---- Massive Bank Shill.
....Famous last words!