179: Mike Komaransky – Going All In: The Fixed Income Trader Early to Bitcoin

Chat With Traders

Tessa Dao

Education, Business, Investing

4.9 • 2.3K Ratings

🗓️ 27 August 2019

⏱️ 84 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

For many, this will likely be the first time hearing about Mike Komaransky, but those who know him already, know him as a Bitcoin OG—and deservedly so, as he began accumulating the cryptocurrency around 2010. Though Mike has been a professional trader of fixed income derivatives since 2001, when he joined powerhouse trading firm DRW. Mike later became a partner at DRW, and in 2014 he launched its cryptocurrency trading business Cumberland—which grew to become one of the world’s largest market makers. After leaving the company in 2017 and a hiatus from active trading, Mike has returned as the founder and head of Grapefruit Trading. Over the course of our conversation, we chat about; Mike’s distinguished trading career, the strange ways that he bought Bitcoin in the past (when it was far less accessible), Cumberland’s participation in the auction of seized Bitcoin from the Silk Road bust, Mike’s disdain for technical analysis, and plenty more… Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0	Chat with traders is brought to you by Trade the Pool.
0:03.6	Is a lack of buying power, capital, or fear of losing your own money, preventing you from
0:08.8	taking your trading to the next level?
0:11.0	Trade the Pool is an online stock trading prop firm that funds stock traders.
0:16.3	You show them your skills, trade their capital, and keep your profits.
0:20.8	You can trade any stock or ETF in the US markets.
0:23.5	The process is simple.
0:24.8	Pay for an evaluation fee, pass the evaluation, and get funded.
0:29.0	Visit tradethepool.com-forge-chat to learn more.
0:35.7	Discover Tasty Trade, a high-performance online trading platform.
0:40.1	Experience speed, reliability, and security while trading stocks, options, futures, and cryptocurrencies
0:46.0	on desktop, web, or mobile.
0:48.1	Empower yourself with exceptional tools and resources to confidently seize opportunities.
0:53.6	Visit TastyTrade.com-cwt.
0:57.7	TastyTrade, previously known as TastyWorks, is a registered broker-dealer and member of
1:02.8	FINRA, NFA, and SIPC.
1:09.6	Markets, speculation, and risk.
1:12.5	This is the Chat with traders podcast hosted by Aaron Feifield.
1:18.2	Hey ladies, hey Jents, Aaron here, and thank you for tuning in to episode 179.
1:24.6	I have a special guest on this episode, and that is Mike Comoransky.
1:29.2	For many, I'm sure this will be the first time hearing about Comoransky, but those who
1:33.5	know him already, know him as a Bitcoin OG, and deservedly so as he began accumulating
	...

Transcript will be available on the free plan in -2039 days. Upgrade to see the full transcript now.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Tessa Dao, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Tessa Dao and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.