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"Can't Rule Out $100,000" - Taleb Warns Futures Traders "No Way To 'Properly*

• http://www.zerohedge.com, by Tyler Durden

Following Mike Novogratz's earlier comments about the launch of Bitcoin futures,

"The market trades like it wants to go up, not down...

We are in a speculative mania and my sense is we are still fairly early."

Infamous 'Black Swan' theorist and tail-risk-hedger, Nassim Nicholas Taleb has a warning for the 'no brainer' traders hoping to use Bitcoin futures to bet against the 'bubble'...

In his tweet, Taleb said,

"No, there is NO way to properly short the bitcoin "bubble". Any strategy that doesn't entail options is nonergodic (subjected to blow up). Just as one couldn't rule out 5K, then 10K, one can't rule out 100K."

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