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Winklevii Turn Attention From Gauging Facebook Back to Bitcoin

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Mark Melin
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Cameron and Tyler Winklevoss, forever immortalized by Vanity Fair as “the Winklevii ,” are at it again. No, they are not fighting Facebook founder Mark Zuckerberg to part with even more money, a move which promoted derivatives kingpin Larry Summers to call them “as$holes,” according to Vanity Fair. Their latest battle in the spotlight centers on bitcoin, and some of what they are saying is rattling gold bugs.

Winklevii
By cellanr [CC BY-SA 2.0], via Wikimedia Commons

Winklevii analysis on gold vs bitcoin says stability is the only area where gold wins, and that might change

There has been an uneasy correlation...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.