cone. >> 140 me personally, with the ziddu coin. >> i'm a miner from a long time. >> you've done ziddun, you don't understand. >> i do understand. >> it's not a public coin. >> you're selling it on your website for 19 cents that seems public to me. >> no, no, we are not selling or anything -- >> but i can go on an unsecure website and buy it for 19 cents. >> the pricing is -- i am lending it, and i'm financing -- >> you're doing that right now. >> yes, we are starting that. >> with the ziddu coin. >> you're starting it. what exactly did you buy by buying ziddu. >> you don't understand. you have to understand one thing form the bank are not lending. the fin-deck is basically loans. why are not banks lending? because that you have to have full results for every declare lending. you don't understand that, because i am yew ethereum, mi o microlending. >> using that notice. >> using this coin, that is what we told and what we disclose you downed understand that i am a profitable company, and -- >> you paid your company 2.5 million shares for ziddu and it's not going to make profit? >> not t

. >> longfin agreed to purchase w ziddu from another company meridian ziddu is a micro lending companyses the same blockchain tmcnology as bitcoin, thei.eq% cryptocurrency itself has surged more than 1700% this year. he called the cryptocurrency phenomenonje as a euphoria e1a >> so he said compare it to myw earnings, this is not justified. this is different than saying a yptocurrency co overvalued or eundervalued, whe it's not based on earnings at all. this company has no revenue. his own company, the other company isxñ]oñ profitable. when you look at ziddu compared to longfin, it's not profitable. it has no>drevenue. their underpinnings is blockchain technology. when they put out the press and said blockchain technology, analysts say that's all it took to get the skyrocket in the price. >> another example of companies or coins doing well because they have blockchain or bitcoin in their title or even an announcement of them acquiring a company in the4ispace. you will see the stock surge on that news. >> the important thing here, the ceo of a company is talking it down now th

shares of longfin jumped 1,342% in two days after agreeing to buy a company called ziddu, but longfinpped more than 18% in after hours trading following comments last night on "fast money. he said longfin's $3 billion plus market cap is not a reality. >> it's not justified. it's insane. i'm developing good country, there are people dragging this market -- this market cap is not justified. if you look at my revenues, i valued my ipo pricing. look at it i valued my ipo pricing at $5. 3$300 million five times my revenue. >>> our next guest got into bitcoin when it was trading at $72. the fund is up more than 25,000% since the inception. dan morehead is pantera founder ceo. congratulations on catching the wave where do you think we are on the wave >> i think for the big blockchains like bitcoin, ethereum and ripple, we're in the first innings. there's going to be some ups and downs. >> but this could be a big up. could there be a big down? >> it could be down 50% next week that's where it was a movrnth a. in a year's time it will be higher than today. >> what's the intrinsic havivalf bitc