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S&P 500
5,866.32
(
-1.39%
)
US TECH 100
19,830.40
(
-2.54%
)
Dow Jones
43,411.41
(
-0.78%
)
Brent Oil
70.94
(
-1.77%
)
Bitcoin
89,653.32
(
2.64%
)
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worthylion

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worthylion

Re: None

Friday, 12/22/2017 10:31:53 AM

Friday, December 22, 2017 10:31:53 AM

Post# of 118657
Bitcoin--Advocates of Bitcoin investing consider it a great speculative vehicle because only a finite number will be mined and because there's no underlying intrinsic value for it to regress to--it's only about supply and demand. Obviously, that's not true for Bitcoin stocks which, in the long term, will be subject to the pressure of stock market valuation metrics.
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