If this is correct and the present correlation with Bitcoin persists (this very moment it's at a nose dive) then Monday we'll see a market loss:
https://www.cnbc.com/2018/02/08/bitcoin ... -high.html
It'll be interesting to see how this relationship develops and if it could work as a predictor for the stock market.
Enjoy!
Something worth considering
Moderator: Aitrus
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ProduceMan
- Posts: 573
- Joined: Thu Jan 18, 2018 12:01 pm
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gary markh
- Posts: 8
- Joined: Sat May 27, 2017 9:20 am
Re: Something worth considering
The market is closed Monday.
Re: Something worth considering
Bitcoin is 24/7, but I have to work Monday so its an oversight on my part...Tuesday.
Re: Something worth considering
https://www.marketwatch.com/investing/c ... ncy/btcusdProduceMan wrote:What exactly is a bitcoin?
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sonofnthng
- Posts: 273
- Joined: Wed Jan 20, 2016 7:03 pm
Re: Something worth considering
My old roommate started buying bitcoin in 2011 to purchase items on Silk Road. When he started buying bitcoin, they were a few bucks each. At some point in 2013 they were valued at $1200. My god, if I only knew shit all about investing at the time. Once the frenzy started to build up, people were buying them like hotcakes. They reached $17.9k last year. Imagine having purchased 1K bitcoins @ $1 each. I hate even hearing the word.
Tracking #85660 -//- PIP 35.29% Jan '21
Seasonal Strategies:
http://tspcenter.com/forums/viewtopic.p ... 205#p53743
Yes, death is coming...but then again, it's always coming.
-Aitrus
Seasonal Strategies:
http://tspcenter.com/forums/viewtopic.p ... 205#p53743
Yes, death is coming...but then again, it's always coming.
-Aitrus
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jlozano042
- Posts: 836
- Joined: Tue Apr 04, 2017 12:37 pm
Re: Something worth considering
What happened to this roommate? A millionare?sonofnthng wrote:My old roommate started buying bitcoin in 2011 to purchase items on Silk Road. When he started buying bitcoin, they were a few bucks each. At some point in 2013 they were valued at $1200. My god, if I only knew shit all about investing at the time. Once the frenzy started to build up, people were buying them like hotcakes. They reached $17.9k last year. Imagine having purchased 1K bitcoins @ $1 each. I hate even hearing the word.
Re: Something worth considering
I bet he's off somewhere...laughing and enjoying life.jlozano042 wrote:What happened to this roommate? A millionare?sonofnthng wrote:My old roommate started buying bitcoin in 2011 to purchase items on Silk Road. When he started buying bitcoin, they were a few bucks each. At some point in 2013 they were valued at $1200. My god, if I only knew shit all about investing at the time. Once the frenzy started to build up, people were buying them like hotcakes. They reached $17.9k last year. Imagine having purchased 1K bitcoins @ $1 each. I hate even hearing the word.
Personally, I enjoy this one:
http://www.businessinsider.com/bitcoin- ... ?r=UK&IR=T
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floridabre
- Posts: 24
- Joined: Thu Sep 11, 2014 7:48 am
Re: Something worth considering
or maybe 'enjoying' accommodations at Chez Penetentiary 
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jlozano042
- Posts: 836
- Joined: Tue Apr 04, 2017 12:37 pm
Re: Something worth considering
Crazy ... bitcoin back then (2010) were a measly 0.08USD each.
Re: Something worth considering
Very likely if he was doing business on SilkRoad.floridabre wrote:or maybe 'enjoying' accommodations at Chez Penetentiary
Re: Something worth considering
Just found this article on Investopedia. If you invested $100 in Bitcoin in 2011, today it would be worth.... $3,357,965.
https://www.investopedia.com/articles/i ... s-2011.asp
https://www.investopedia.com/articles/i ... s-2011.asp
Fund Prices2024-04-17
| Fund | Price | Day | YTD |
| G | $18.19 | 0.01% | 1.25% |
| F | $18.68 | 0.50% | -2.85% |
| C | $78.62 | -0.58% | 5.72% |
| S | $76.27 | -0.89% | -1.07% |
| I | $40.66 | -0.17% | 1.19% |
| L2065 | $15.60 | -0.47% | 3.17% |
| L2060 | $15.60 | -0.47% | 3.18% |
| L2055 | $15.60 | -0.47% | 3.18% |
| L2050 | $31.39 | -0.35% | 2.57% |
| L2045 | $14.34 | -0.33% | 2.47% |
| L2040 | $52.43 | -0.31% | 2.41% |
| L2035 | $13.87 | -0.28% | 2.31% |
| L2030 | $46.25 | -0.25% | 2.24% |
| L2025 | $12.93 | -0.12% | 1.78% |
| Linc | $25.29 | -0.09% | 1.55% |