By The Numbers: The ROI On Buying The Blood In Bitcoin
The current bitcoin market has not been favorable for investors and is one that can be referred to as a ‘bloody market’. This is not the first time that there will be blood on the streets for the digital asset and will certainly not be the last. This is why looking at what different moves […]
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The past week has been a brutal one for bitcoin and crypto in general. The market has taken hit after hit. So much so that it’s starting to seem like there is no end in sight. Coins have been falling at high percentages. It brings back a popular saying in the financial markets; “there’s blood […]
Most people have no idea what their average cost per coin is and without knowing your cost, how can you make educated financial decisions? That's like running a business without knowing how much you paid for the products that you sell. Normal everyday people around the world will not realize Bitcoin’s potential until this function becomes a seamless wallet feature and as common as deterministic wallets are now. "Buy when there is blood in the streets, even if the blood is your own." This is an old saying that relates to trading stocks but it also holds true for a number of commodities that....
Bitcoin's price crashed over the New Year weekend, losing $51 over two days. According to the CoinDesk Bitcoin Price Index, the currency opened on Saturday at $314.59 and closed the following day at $263.63. The plunging price got market watchers chattering as Sunday drew to a close. Unsurprisingly, a contingent of bitcoin watchers put a positive spin on the price crash, viewing it as a buying opportunity, albeit with a note of alarm. Bitcoin: blood in the streets, high volumes & $260 april high revisited. In other words: time to buy. - Tuur Demeester (@TuurDemeester) January 4, 2015;....
It’s time for another edition of “By The Numbers.” This time, we’ll use a pseudonymous analyst’s numbers to find out if Tesla is in the red when it comes to their Bitcoin holdings. The caveat here is, if bitcoin’s price loses the $30K level, could Tesla’s board pressure Elon Musk into selling? And if they […]
Kevin O’Leary, aka Mr. Wonderful, says he will only buy “clean” bitcoins that are mined sustainably in countries that use clean energy. He says institutional investors are concerned about where bitcoins are mined and will not buy “blood coins” from China. Clean Bitcoins vs. ‘Blood Coins’ Shark Tank star Kevin O’Leary talked about an emerging challenge with bitcoin investing for institutional investors and clean energy in an interview with CNBC on Monday. “What’s really emerging as a bit of an issue” regarding bitcoin....