Lamborghini Up for Sale - Founder of Morgan Creek Capital Prefers Bitcoin Instead of Eclectic Collection of Cars

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Lamborghini Up for Sale - Founder of Morgan Creek Capital Prefers Bitcoin Instead of Eclectic Collection of Cars

Tuesday, January 8, 2019 9:33 AM UTC

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As the people involved in the crypto-space have been emerging and evolving, their roles in the industry are also correspondingly shifting trend. Umpteen number of crypto-aspirants changed from just being investors to have been very keen on this industry.

We witness a recent incident that Jason A Williams, the founder of Morgan Creek Capital Management weighs-in on his new cryptocurrency desperation, who has kept his lavish Lamborghini open for sale in order to fund to buy Bitcoin.

This, would certainly, be contrary to the ‘when lambo’ thread involving bidding for the outlandish super car with extravagant cryptocurrency returns.

Well, from last two days, Bitcoin price seems to be edgy but still remains well above US$4000 with spike of 7.23% new year rallies so far.

“I’m going to do something that has never been done in crypto,” he twitted. His idea of Lamborghini for sale for buying Bitcoin with the money he gets could be perceived as the absurd or unwise idea by quite a few critics. But that’s what is likely to happen when your instincts become priority that are backed with robust convictions on any asset class.

He seemed to have been bored of his eclectic collection of cars, instead, he might have reckoned that it is worthwhile to divert his money into the buzz world. Perception varies from investor to investor regardless of active or passive approach in their strategies.

Currency Strength Index: FxWirePro's hourly BTC spot index is flashing at 130 (which is bullish), while hourly USD spot index was at -117 (bearish) at 09:30 GMT.

For more details on the index, please refer below weblink: http://www.fxwirepro.com/currencyindex

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Economics Monitor

April 18 14:30 UTC Released

USNat Gas-EIA Implied Flow

Actual

92 bcf

Forecast

29 bcf

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USNat Gas, Change Bcf

Actual

92 Cubic feet

Forecast

87 Cubic feet

25 Cubic feet

January 31 00:00 UTC 637630637630m

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Forecast

2016 bln ARS

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January 31 00:00 UTC 637630637630m

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2016 bln ARS

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January 22 19:00 UTC 649450649450m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 637630637630m

ARAnnual Primary Balance*

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2016 bln ARS

Bln AR bln ARS

January 22 19:00 UTC 649450649450m

ARTrade Balance

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-1541 %

January 31 00:00 UTC 637630637630m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 637630637630m

ARAnnual Primary Balance*

Actual

Forecast

2016 bln ARS

Bln AR bln ARS

January 31 00:00 UTC 637630637630m

ARAnnual Primary Balance*

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Forecast

2016 bln ARS

Bln AR bln ARS

EconoTimes

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