Cramer Capitulates to Quantum, Triggers Inverse Cramer Aficionados 📉➡️📈
CNBC host Jim Cramer said he is selling his Bitcoin, citing quantum-computing risk after an on-air interview with IBM CEO Arvind Krishna in which Cramer asked whether quantum machines could one day crack the cryptography protecting his coins. "I think that you should give yourself three or four years," Krishna replied, "and at that point, I would get rather paranoid about it." Cramer did not wait. "Arvind Krishna knows quantum incredibly. He knows Bitcoin and quantum. And I'm going to sell mine," he said, adding that Ethereum "really, maybe even worse" was exposed to the same risk.
$BTC rose about 1.6% the day Cramer announced the sale, according to data cited by Decrypt. The clip circulated widely on X, drawing 89,000 views on a post by @DocumentingBTC and more than 9,000 views on YouTube, with replies celebrating the move under the "inverse Cramer" banner. "Thank you Jim!" read one of the top responses. User @Btcbarbells wrote, "Every time Cramer says sell, I add to my position. Been doing it since 2018. The inverse Cramer index remains undefeated." Another, @defidavo, posted, "crypto twitter knows exactly where this is going."
The pattern has a documented track record. Cramer said in December 2022, with $BTC near $16,796, that he had sold everything and would not touch crypto "in a million years"; the asset gained more than 400% over the following three years. He reversed course in January 2024, calling Bitcoin a "technological marvel" that is "here to stay." The inverse trade inspired Tuttle Capital's Inverse Cramer Tracker ETF in 2023, paired with a Long Cramer fund. Both closed, with portfolio manager Matthew Tuttle saying, "We started it in order to point out the danger of following TV stockpickers, Jim Cramer specifically, and the total lack of accountability … We feel like we have accomplished that mission." The short version shut in February 2024 with $2 million in assets.
The quantum concern Cramer cited is being addressed across the industry. Zcash developers have run frontier AI tools against their own cryptography, identified exploit vectors and shipped patches, though $ZEC sold off on the news before rebounding. Separately, Ethereum developers have submitted EIP-8361, a tapered issuance burn that would deduct a fee from every validator on each assigned duty and burn the $ETH, with the deduction rising as more of the supply is staked until staking rewards are canceled outright.
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