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Reports: Padres, 1B Eric Hosmer agree to deal

Free-agent first baseman Eric Hosmer has agreed to a deal with the Padres, according to multiple reports. Hosmer’s deal is for eight years, with an opt-out clause after five years, according to the MLB Network.

The deal was first reported by the San Diego Union-Tribune.

Hosmer is one of four core Royals players, along with Mike Moustakas, Lorenzo Cain and Alcides Escobar, who hit free agency for the first time this year. They arrived in Kansas City in 2011 as a bunch of 20-somethings and keyed the team’s run to consecutive World Series, including a championship in 2015.

Hosmer, an All-Star first baseman in 2016 who has won two Gold Glove awards, is coming off his third straight season with at least 18 home runs and 93 RBIs. He finished with season totals of 25 home runs and 94 RBIs and hit a career-best .318 in 2017.

The 28-year-old Hosmer has a .284 average with 127 home runs and 566 RBIs in 1,048 games in his six-year major league career.

Karen Clifton gets cosy with mystery man during night out

  • Do you know Karen’s mystery man? Email cecily.snowball@mailonline.co.uk

Cecily Snowball For Mailonline

She’s said to be in the midst of divorce with fellow Strictly Come Dancing pro husband Kevin, 35. 

And Karen Clifton, 35, put her marital woes behind her as she enjoyed a night out with friends at celeb haunt Groucho in London on Saturday. 

The dancing beauty looked cosy with a mystery man during her fun evening after as rumours began to swirl the dancing pro may be axed from the latest series of the celeb dancing competition.

Getting close: Karen Clifton got cosy with a mystery man as she enjoyed a night out with friends in London on Saturday amid claims she and husband Kevin are 'set to divorce' 

Getting close: Karen Clifton got cosy with a mystery man as she enjoyed a night out with friends in London on Saturday amid claims she and husband Kevin are 'set to divorce' 

Getting close: Karen Clifton got cosy with a mystery man as she enjoyed a night out with friends in London on Saturday amid claims she and husband Kevin are ‘set to divorce’ 

Karen flaunted her sensational figure in an all-black jumpsuit that hugged all her toned curves. 

The Latin dance specialist wrapped up in a fitted black jacket with large button detailing, as she pounded the pavements in sophisticated electric blue stiletto heels.

Karen’s blonde hair was styled into a blunt bob that sat just below her ears, while her make-up was demur – with only a dusting of mascara and a taupe lip. 

Companion: The dancing beauty got very cosy with a mystery man during her fun evening as she appeared to wrap her arm around his neck for a close moment

Companion: The dancing beauty got very cosy with a mystery man during her fun evening as she appeared to wrap her arm around his neck for a close moment

Companion: The dancing beauty got very cosy with a mystery man during her fun evening as she appeared to wrap her arm around his neck for a close moment

Closer: The Latin dance specialist wrapped up in a fitted black jacket with large button detailing, as she pounded the pavements in sophisticated electric blue stiletto heels

Closer: The Latin dance specialist wrapped up in a fitted black jacket with large button detailing, as she pounded the pavements in sophisticated electric blue stiletto heels

Closer: The Latin dance specialist wrapped up in a fitted black jacket with large button detailing, as she pounded the pavements in sophisticated electric blue stiletto heels

Friendly: Karen's blonde hair was styled into a blunt bob that sat just below her ears, while her make-up was demur - with only a dusting of mascara and a taupe lip

Friendly: Karen's blonde hair was styled into a blunt bob that sat just below her ears, while her make-up was demur - with only a dusting of mascara and a taupe lip

Friendly: Karen’s blonde hair was styled into a blunt bob that sat just below her ears, while her make-up was demur – with only a dusting of mascara and a taupe lip

Toned physique: Karen flaunted her sensational figure in an all-black jumpsuit that hugged all her toned curves

Toned physique: Karen flaunted her sensational figure in an all-black jumpsuit that hugged all her toned curves

Toned physique: Karen flaunted her sensational figure in an all-black jumpsuit that hugged all her toned curves

Her male companion took a more casual approach to the evening in a denim blue shirt and dark skinny jeans. 

Karen appeared close to her male friend, seemingly hugging him before walking alongside her dashing companion. 

The ballroom pro appeared to wrap her arm around his neck for a close moment before heading off with her friendship group.

Later in the evening, Karen bundled into the back of a cab with a gal pal, looking slightly worse for wear as she rested her head on her friend as the evening drew to a close. 

Night out: Her male companion took a more casual approach to the evening in a denim blue shirt and dark skinny jeans

Night out: Her male companion took a more casual approach to the evening in a denim blue shirt and dark skinny jeans

Night out: Her male companion took a more casual approach to the evening in a denim blue shirt and dark skinny jeans

Getting cosy: Karen appeared close to her male friend, seemingly hugging him before walking alongside her dashing companion.

Getting cosy: Karen appeared close to her male friend, seemingly hugging him before walking alongside her dashing companion.

Getting cosy: Karen appeared close to her male friend, seemingly hugging him before walking alongside her dashing companion.

Happy times: Karen looked in good spirits while flanked by her circle of friends, but her marriage to husband Kevin is reportedly over as the pair are said to be divorcing

Happy times: Karen looked in good spirits while flanked by her circle of friends, but her marriage to husband Kevin is reportedly over as the pair are said to be divorcing

Smiles: Karen appeared at ease as she began to walk with her mystery man after their embrace

Smiles: Karen appeared at ease as she began to walk with her mystery man after their embrace

Happy times: Karen looked in good spirits while flanked by her circle of friends, but her marriage to husband Kevin is reportedly over as the pair are said to be divorcing

Going out: Karen enjoyed her evening at Groucho with the mystery man and other good friends 

Going out: Karen enjoyed her evening at Groucho with the mystery man and other good friends 

Going out: Karen enjoyed her evening at Groucho with the mystery man and other good friends 

Karen looked in good spirits while flanked by her circle of friends, but her marriage to husband Kevin is reportedly over as the pair are said to be divorcing after three years of marriage. 

According to The Sun, the pair are said to be heading their separate ways a mere two months after dance professional Karen, 35, allegedly had an affair with an accountant.  

Speaking of the impending divorce, a source told the publication: ‘Karen is extremely upset about the whole situation and is really struggling to accept that everything is over.

‘She has been pleading with Kevin to give things another go but he’s made it clear that he’s not interested and doesn’t want them to patch things up.’ 

All eyes: Karen caught her male friend's attention as she walked towards him 

All eyes: Karen caught her male friend's attention as she walked towards him 

All eyes: Karen caught her male friend’s attention as she walked towards him 

Fun times: Karen appeared to be enjoying herself as she walked behind her male friend while he checked up on his phone

Fun times: Karen appeared to be enjoying herself as she walked behind her male friend while he checked up on his phone

Fun times: Karen appeared to be enjoying herself as she walked behind her male friend while he checked up on his phone

Casually clad: Karen's mystery friend walked a few steps ahead of the group on their evening out

Casually clad: Karen's mystery friend walked a few steps ahead of the group on their evening out

Casually clad: Karen’s mystery friend walked a few steps ahead of the group on their evening out

The Insider continued: ‘She knows that she made a huge mistake by having a brief affair but there were problems in their marriage way before then.’

Reports added that Kevin was the ‘driving force’ behind them getting a divorce and ‘isn’t too fussed’ about it given that it is his second martial breakdown.  

MailOnline has contacted representatives for Karen and Kevin Clifton for further comment.  

Funny faces: Karen pulled a strange look to friends as they left the London hot spot

Funny faces: Karen pulled a strange look to friends as they left the London hot spot

Funny faces: Karen pulled a strange look to friends as they left the London hot spot

Sticking close: Karen was never a few feet away from her close pal, who joined Karen and a friend for a cigarette break

Sticking close: Karen was never a few feet away from her close pal, who joined Karen and a friend for a cigarette break

Sticking close: Karen was never a few feet away from her close pal, who joined Karen and a friend for a cigarette break

Celeb haunt: Karen looked right at home as she left the exclusive private members club

Celeb haunt: Karen looked right at home as she left the exclusive private members club

Celeb haunt: Karen looked right at home as she left the exclusive private members club

Meanwhile, Karen’s future at BBC’s Strictly Come Dancing faced uncertainty due to Karen’s reported ‘confrontational’ behaviour.

Sources told The Mirror that Karen’t participation in the next season is ‘in doubt’, but Kevin’s future on the show remains in tact. 

They told the paper: ‘Karen’s participation next series is in doubt. But Kevin is safe. He is loved by everyone.’

Pounding the pavement: As the night went on, Karen chatted away to another pal as they went in search of their next move

Pounding the pavement: As the night went on, Karen chatted away to another pal as they went in search of their next move

Pounding the pavement: As the night went on, Karen chatted away to another pal as they went in search of their next move

All smiles: Karen clutched onto a white object as she chatted away to her friend

All smiles: Karen clutched onto a white object as she chatted away to her friend

All smiles: Karen clutched onto a white object as she chatted away to her friend

They added: ‘Feelings are mixed on Karen. They don’t want the show to be associated with the ­negative publicity generated by her actions.’ 

However, sources told The Sun that BBC bosses may have saved Karen in last minute talks despite the impeding marital problems after choosing to axe veteran pro Brendan Cole earlier in the year. 

MailOnline have contacted representatives for Strictly Come Dancing for comment.  

Out on the town:  Karen wandered the streets flanked by her pals

Out on the town:  Karen wandered the streets flanked by her pals

Out on the town:  Karen wandered the streets flanked by her pals

'Holding the fort': Reports of the demise of their marriage comes after Karen flaunted her wedding ring as she declared she was to dance with her partner during the  Kevin and Karen Live tour

'Holding the fort': Reports of the demise of their marriage comes after Karen flaunted her wedding ring as she declared she was to dance with her partner during the  Kevin and Karen Live tour

‘Holding the fort’: Reports of the demise of their marriage comes after Karen flaunted her wedding ring as she declared she was to dance with her partner during the Kevin and Karen Live tour

Reports of the demise of Karen and Kevin’s marriage come after she flaunted her wedding ring, firmly back on her left hand, as she declared she was to dance with her partner during the upcoming Kevin and Karen Live tour in the social media post. 

Karen penned the caption: ‘Brilliant production meeting for the #kevinandkarenlive #tour w @stuartglovercreative our amazeballs tour manager and Clive Dunstall our ace Musical Director.. holding the fort strong on creative whilst @keviclifton is on the Strictly tour… #letsputonthisshow #showtime #makingithappen #latinasbelike #imtheboss.’ 

But followers of the star were quick to query how the pair would do the tour together in the face of their reported marriage troubles.

‘How will you have a tour together if you have split up?’ Leading the way, one fan wrote underneath the Instagram post. 

Giggles: Later in the evening, Karen bundled into the back of a cab with a gal pal, looking slightly worse for wear as she rested her head on her friend as the evening drew to a close

Giggles: Later in the evening, Karen bundled into the back of a cab with a gal pal, looking slightly worse for wear as she rested her head on her friend as the evening drew to a close

Giggles: Later in the evening, Karen bundled into the back of a cab with a gal pal, looking slightly worse for wear as she rested her head on her friend as the evening drew to a close

Worse for wear: Karen appeared to have a little bit too much fun as she bundled into the back of a cab

Worse for wear: Karen appeared to have a little bit too much fun as she bundled into the back of a cab

Worse for wear: Karen appeared to have a little bit too much fun as she bundled into the back of a cab

In recent weeks, Karen skipped the Strictly Come Dancing live tour while her husband Kevin hit the stage with their co-stars.

The Strictly beauty reportedly enjoyed a short-lived romance with Stuart Wood which is now said to have ended.

Kevin and Karen married in an idyllic ceremony in July 2015, with a bevy of superstar guests, but in 2017 they were first hit with reports of strife.

Happier times: Kevin and Karen married in an idyllic ceremony in July 2015, with a bevy of superstar guests, but in 2017 they were first hit with reports of strife

Happier times: Kevin and Karen married in an idyllic ceremony in July 2015, with a bevy of superstar guests, but in 2017 they were first hit with reports of strife

Happier times: Kevin and Karen married in an idyllic ceremony in July 2015, with a bevy of superstar guests, but in 2017 they were first hit with reports of strife

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Karen Clifton gets cosy with mystery man during night out

Gus Kenworthy Spent the Last Olympics Closeted. This Time He Kissed His Boyfriend on NBC.

Gus Kenworthy kisses boyfriend Matthew Wilkas before competing in the qualifying round of men's freestyle skiing in Pyeongchang, South Korea, on Feb. 18, 2018.
Gus Kenworthy kisses boyfriend Matthew Wilkas before competing in the qualifying round of men's freestyle skiing in Pyeongchang, South Korea, on Feb. 18, 2018.

Gus Kenworthy kisses boyfriend Matthew Wilkas before competing in the qualifying round of men’s freestyle skiing in Pyeongchang, South Korea, on Feb. 18, 2018.

Screenshot via NBC.

On Oct. 22, 2015, 18 months after winning a silver medal in freestyle skiing at the Sochi Olympics, Gus Kenworthy tweeted “I am gay.” In a coming-out story in ESPN the Magazine, Kenworthy described one of the most stressful moments in his sports career: the time he found his “stomach twisting into knots” when a TV producer at the X Games asked him if he had a girlfriend in the crowd. Kenworthy told ESPN the Magazine’s Alyssa Roenigk that he was both stressed out by the question and saddened by the fact that the cameras wouldn’t focus on his boyfriend. “I’ve never had a TV boyfriend,” he said. “That’s actually something I want so bad—a TV boyfriend.”

At the Pyeonchang Games, Kenworthy has that TV boyfriend. On Saturday night, NBC showed the skier sharing a brief kiss with his partner Matthew Wilkas before taking his first qualifying run in the freestyle skiing event. NBC didn’t make a big to do about the peck on the lips. Announcer Luke Van Valin simply identified Wilkas as the Olympian’s boyfriend, adding, “Just a tremendous amount of support coming to Gus Kenworthy.”

Earlier on Saturday, Kenworthy posted a photo of himself with Wilkas on Instagram, writing that he felt “very lucky to have him, my family, my agent and some amazing friends here in Korea cheering me on.”

Also among Kenworthy’s supporters at these Olympics is out figure skater Adam Rippon, who the skier smooched on the cheek earlier in the games.

Rippon and Kenworthy have both criticized Vice President Mike Pence, the head of the U.S. delegation to the Winter Games, for his reactionary stances on LGBTQ issues.

Kenworthy, who earlier this week broke his right thumb and suffered a hematoma on his left hip, managed to qualify for the freestyle skiing finals, which will be televised by NBC later on Saturday night.* After his second qualifying run, NBC showed Kenworthy’s TV boyfriend in the crowd. Wilkas was holding a rainbow flag that said, “WE LOVE U GUS!”

Correction, Feb. 17, 2018: This post originally misstated the dates of the freestyle skiing qualification round and finals. Both events are scheduled for Sunday Feb. 18 in Korea and will be broadcast on Saturday Feb. 17 in the United States.

Read the rest of Slate’s coverage of the Pyeongchang Olympics.

Why Seeing Visible Queer Excellence at the Olympics Is So Important

Bronze Medalist Adam Rippon is Winning the Winter Olympics

Snowboarder Lindsey Jacobellis Deserved the Redemption Narrative NBC Gave Shaun White

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Josh Levin

Josh Levin is Slate’s editorial director.

Gus Kenworthy Spent the Last Olympics Closeted. This Time He Kissed His Boyfriend on NBC.

Jazz rookie Donovan Mitchell delights in a nostalgic NBA Slam Dunk Contest win

Utah Jazz rookie Donovan Mitchell gestures after pulling off an homage to Vince Carter during Saturday night’s Slam Dunk Contest at All-Star Weekend in Los Angeles. (Chris Pizzello/AP)

LOS ANGELES — The participants in the NBA All-Star Slam Dunk Contest used wardrobe changes and the art of imitation throughout their performances. While Utah Jazz rookie Donovan Mitchell was no exception, his talent proved that he didn’t need all the flash and flair.

Mitchell won the glamour event during All-Star Saturday night by wearing a Vince Carter throwback jersey and executing a reverse, spinning 360-degree windmill dunk. After the impressive feat, Mitchell found the nearest camera and imitated Carter’s “It’s over” bluster and gesture from the 2000 contest the former Raptors great won going away. Mitchell earned a 48 score for the dunk, defeating Cleveland Cavaliers forward Larry Nance Jr. in the finals.

“I wanted it so badly,” Mitchell said. “This is one of my favorite events of All-Star Weekend.

“I haven’t made that dunk in half a year. I tried it two night ago, didn’t make it. Tried it this morning, didn’t make it. So to make it tonight, I was excited.”

Mitchell’s imagination came in handy, which was evident in his performance. When asked how he prepared for the event, he said he’s been looking forward to a night like this since childhood.

“Believe it or not, I’ve been preparing for this since I was a kid,” Mitchell said. “I didn’t know I was gonna be able to jump this high, so I added some new tricks.”

In the first round, Nance, the son of the inaugural slam dunk champion, showed a touch of showmanship with a nod to his past. Nance incorporated the entertainers Quick Change, who, as their name suggests, speedily change clothes to the delight of fans across NBA arenas.

Nance, shrouded inside a four-side curtain, emerged a few moments later in his father’s Phoenix Suns throwbacks — short shorts and high socks included. Then, Nance pulled off a replica of his father’s winning dunk from 1984’s event, but needed two attempts, which might have resulted in his 44 score.

However, Nance came up with a complete original idea in the finals — a double-alley oop dunk. Nance threw the ball off the glass, caught it and with a quick motion, tossed it once more but slamming the ball home. The dunk produced a perfect score of 50, but was not enough to take down Mitchell.

Dallas Mavericks rookie Dennis Smith Jr. earned the first 50 of the night with a between-the-legs, 360-degree dunk for but did not advance out of the first round. Also, former DeMatha standout Victor Oladipo of the Indiana Pacers couldn’t impress the celebrity judges, failing in the opening round largely because he missed all three attempts for his first dunk.

Read more on the NBA:

Adam Silver talks playoff reseeding, one-and-dones and more at NBA All-Star Weekend

LeBron James won’t shut up and dribble: ‘I’ve defeated the odds, and I want every kid to know that’

Charles Barkley and ‘NBA on TNT’ crew rip Laura Ingraham and Fox News

‘I’m taking on all challenges’: John Wall talks rehab, relationship with Marcin Gortat

Joel Embiid is already an all-star starter. His next goal: Becoming the NBA’s best player.

Jazz rookie Donovan Mitchell delights in a nostalgic NBA Slam Dunk Contest win

Volatility is driving the markets into chaos

There’s a serial killer on the loose — and the deadly enemy is volatility.

As the stock markets showed recently, volatility is back, with stomach-churning extreme highs and lows not seen since the Great Depression, according to analysts.

Volatility is the new market nemesis to the $27 trillion US retirement industry. And the sell-offs are contributing to fear in those nearing their golden years. “It certainly got people’s attention,” said Timothy Speiss at EisnerAmper Wealth Planning. “We’re going to have to see if the markets remain this choppy, with a lot of volatility.”

Some say signs already point in that direction. “With the market closing at the low end of the day’s range, expect more gyrations in the days and weeks to come,” said Greg McBride, chief financial analyst at Bankrate.com, looking at one recent session in which the Dow closed down more than 1,000 points.

Fed meddling, the rise of high-speed algorithmic traders and the introduction of exotic products like risk-parity funds that the average investor can barely comprehend have only intensified the present danger, seasoned pros are warning.

The volatility is a reminder of this dark new normal, and the threat to your 401(k) retirement savings.

“The fear of rising interest rates, a more aggressive Fed, automated speed traders and a possibly overheating economy led to the volatility,” financial adviser Edward Kohlhepp told The Post. Although additional bogeymen are blamed for the recent rout, analysts already detect a potentially disturbing pattern — the reappearance of over-the-top volatility.

Take just the week of Feb. 4. On Monday alone, the Dow lost almost 1,600 points, then quickly recovered some losses, only to close down 1,175.21 points, or 4.6 percent, to 24,345.75. On the following day, the Dow rebounded, posting a 567 point gain, and then on Wednesday it closed down a mere 19 points. The following day, however, the bears were back. The Dow took another nauseating nosedive, plunging more than 1,000 points.

The market rout was now in a technical “correction,” meaning it had lost 10 percent as measured against the S&P 500 since Jan. 26.

“Those closer to retirement should not be aggressively invested,” Kohlhepp said. “They should have a plan that migrates them toward a more conservative, less risky, portfolio.”

The recent carnage just cast a spotlight on the emergent reality of extreme movements in volatility.

One researcher traces this to the decade that ended in 2000, when the S&P 500 had already expanded by a record 417 percent.

This extraordinary high was followed by three years of stock market declines of 10 percent, 13 percent and 23.4 percent, respectively. Three consecutive years of declines had only previously happened during the Great Depression and World War II, according to the researchers at Walser Wealth.

And since late 2008, the markets again have risen to new highs, which have in turn made the markets threateningly volatile.

“When the market declines sharply, everyone naturally wonders, ‘What’s wrong?’ ” one market pundit observed.

But some analysts have a worrisome answer: It’s the “natural” volatility.

And that could wreak brutal financial havoc.

Volatility is driving the markets into chaos

Bitcoin could bounce back big-time in 2018: analyst

Despite its price plunge, some diehard bitcoin aficionados still say the beleaguered cryptocurrency could hit six figures by year’s end.

Tone Vays, a New York-based cryptocurrency analyst and blockchain consultant, has been among those arguing that the wild swings in bitcoin value since its debut in 2009 at less than a penny could mean that an even greater upswing may be possible this year.

“Right now I think that bitcoin should still go down in price, but it will recover,” says Vays. “$100K this year is possible, but that’s very high. I put the current fair value at $25,000.”

Vays decided to bill his clients at 0.1 bitcoin per hour last year when the price hit $1,200, and he says he is not looking back, despite the more than 50 percent hourly pay cut he has taken this year.

Fellow bitcoin disciple Ronnie Moas, for his part, is more measured in his optimism.

“I do not like crypto at $500 billion [market cap] as I did at $100 billion, but I do like it more at $500 billion than I did at $800 billion last month,” said Moas, founder of Standpoint Research, who adds he has raised his 2018 price target to $28,000 from the $20,000 he forecast in November.

“I don’t know how anybody could set and justify a price target that high for this year,” he says of the speculation of a six-figure bitcoin price tag in the near future.

Offering a different outlook is James Rickards, strategic director at Meraglim, a financial analytics firm.

“I think bitcoin is going to go to $200,” he predicts, without offering a timeframe. “The only residual use is for criminals, and it will keep grinding down.”

Bitcoin could bounce back big-time in 2018: analyst

NYU student paid his tuition with bitcoins profits

College tuition can be a tough nut to crack.

Students in pursuit of their dreams often rely on hard work and student loans to get them through the lean years, when they have to pay for college and living expenses.

But some New York Unversity students are paying for their tuition while avoiding the drudgery of waiting on tables in Greenwich Village.

Take Konig Chen, for example. The 22-year-old, who was raised in Brazil and went to high school in Taiwan, says he has used the proceeds of his bitcoin investments to pay for a full four-year course of study at the school.

Like many cryptocurrency investors, Chen started out small, betting around $5,000 on the currency in February 2017, when it was fetching around $1,200. Adding $80,000 over the summer to his investment as the currency started to skyrocket, by the end of last year his wallet was worth enough for him to take out $200,000.

“I started out as an equity investor,” says Chen, recounting how he met up with Brandon, a fellow NYU student who had developed an algorithm that is supposed to be able to predict the performance of bitcoin and other cryptocurrencies. He credits Brandon and his algorithm with having made around $300,000 for him over the past year.

Leo Tulchin, a 21-year-old NYU junior, says he met up with Brandon when the two were rooming together in 2016. His friend, who keeps a low profile and insists on going by only his first name, was majoring in neuroscience at the time but has since dropped out to pursue high finance.

“I originally gave Brandon $400, but after it turned to $600 over the next few days, I gave him enough to buy a bitcoin for $1,400,” he recounts.

Tulchin and Brandon have since partnered on a venture called Trace Capital, which manages around $300,000 on behalf of some 15 fellow NYU students and friends and family. He says he and his friend have already received buyout offers for their Trace algorithm, but they are holding firm and spreading out their crypto investments among bitcoin, litecoin, etherium and other assets.

“We like to stay as diversified as possible,” Tulshin says.

“We really believe in this thing,” he adds. “Brandon and I are working together to incorporate into a cryptocurrency hedge fund. For now, we’re not taking a piece of things but just helping out friends and family.”

“There’s been a pretty good groundswell of enthusiasm, and not just from young people,” he adds.

Tulchin went to college at first to study media and writing, but admits that the heady financial experience of the past year may have changed all that. “I like trading,” he says. “But on the other hand, I’m 21 years old, and I really have no idea what I want to do.”

Chen, for his part, went to NYU to study hospitality and leisure management.

“The trend is that bitcoin and other cryptocurrencies will go up for now, but I don’t plan to be around when it goes down,” he says. “After making all this money I can’t see myself being the manager of a hotel. My plan is to cash out and buy a resort property.”

NYU student paid his tuition with bitcoins profits