{"id":433323,"date":"2020-08-05T02:00:53","date_gmt":"2020-08-05T02:00:53","guid":{"rendered":"https:\/\/ktsl888.com\/?p=433323"},"modified":"2024-06-11T14:06:04","modified_gmt":"2024-06-11T14:06:04","slug":"dave-portnoy-wants-to-buy-bitcoin","status":"publish","type":"post","link":"https:\/\/ktsl888.com\/news\/dave-portnoy-wants-to-buy-bitcoin\/","title":{"rendered":"Barstool\u2019s Dave Portnoy Wants to Buy Bitcoin \u2013 Asks Winklevoss Twins to Teach Him"},"content":{"rendered":"

Barstool Sports president Dave Portnoy has been amassing a notable following throughout the past few weeks due to his stock trading live streams \u2013 and now he wants in on Bitcoin<\/a>.<\/p>\n

Despite previously questioning Bitcoin\u2019s status as an investment, the eccentric trading personality now wants exposure to the digital currency\u2019s immense volatility.<\/p>\n

In a recent live stream, he asked the Winklevoss twins \u2013 early Bitcoin adopters and founders of the popular Gemini<\/a> cryptocurrency exchange \u2013 to come to his office and teach him about BTC.<\/p>\n

Portnoy\u2019s interest in the cryptocurrency may help usher in the next wave of retail traders and investors to the nascent market.<\/p>\n

Dave Portnoy Extends Office Invitation to Winklevoss Twins to \u201cExplain Bitcoin\u201d<\/strong>\u00a0<\/strong><\/h2>\n

Portnoy, who has described himself as the next Warren Buffett, has built a massive army of loyal \u2013 and mostly young \u2013 day traders who closely follow his every move.<\/p>\n

Part of his popularity has stemmed from his high strike rate when it comes to placing stock market trades. On certain occasions, his calls alone have moved stock prices based on the breadth of his following.<\/p>\n

Portnoy is one part of an emerging trend in which individuals use retail-friendly platforms like Robinhood to trade equities.<\/p>\n

In recent times, this has proven to be a highly lucrative and fast-paced activity due to the strong uptrend that the stock market is currently caught within.<\/p>\n

Although Robinhood offers users access to Bitcoin<\/a> and other cryptocurrencies, these traders have yet to foray into the crypto market.<\/p>\n

This may soon change, however, as Portnoy is now looking to learn more about Bitcoin \u2013 and he has enlisted the Winklevoss twins to help.<\/p>\n

\u201cI\u2019m officially inviting the Winklevi twins to my office to explain bitcoin to me. Have to wear the rowing outfits though,\u201d he announced.<\/p><\/blockquote>\n

\n

I\u2019m officially inviting the Winklevi twins to my office to explain bitcoin to me. Have to wear the rowing outfits though. #DDTG<\/a> https:\/\/t.co\/owQr0aZVdn<\/a><\/p>\n

— Dave Portnoy (@stoolpresidente) August 4, 2020<\/a><\/p><\/blockquote>\n