Bitcoin a Market for Miscreants & Millennials: ‘Commodities King’ Gartman

Hedge fund legend and billionaire investor Mike Novogratz may have viewed last week’s bitcoin price decline as an opportunity to purchase $15 million to $20 million worth of BTC at a discount, but market forecaster Dennis Gartman maintains that there “is no value” in the nascent cryptocurrency. Gartman, who has been nicknamed the “commodities king”, told CNBC’s “Fast Money” that while he believes blockchain technology “has merit” and is “going to change the manner in which we trade…and invest,” he does have any desire to enter the cryptocurrency ecosystem as…

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