“While the relentless multiple expansion (if not so much earnings growth and certainly not revenue contraction) looks set to push all three main stock indices over the key psychological levels of 16000, 1800 and 4000, with the all time bubble high on the Nasdaq increasingly looking like the next big target, the stock market mania has nothing on Bitcoin, which only yesterday crossed $500 for the first time ever, and as of this morning is already 20% higher, having just crossed $600 minutes ago. How high BTC goes, is nobody’s guess: once the buying frenzy kicks in, step aside, especially since China is increasingly looking like it may be jumping on board the latest mania.”
Did you like this?
Tip Freedomwat.ch Staff with Bitcoin
Tip Freedomwat.ch Staff with Bitcoin
Related posts:
Amash: Military Members Keep Telling Me To Vote No On Syria
The situation on the ground in Athens
Speed Camera Fines Challenged Worldwide
Is There a Perfect Storm for Federal Sentencing Reform?
Yemen: American Foreign Policy in Action
Drone Hunting Season to Begin in Colorado
Samsung data center fire causes outage, errors on smart TVs, phones
Health Insurance Premiums Continue To Rise Under Obamacare
The Next Shot Has Been Fired at Your IRA
The U.S. Keeping the Eurozone in Line
Director of IRS Tax-Exempt Determinations Office Is Obama Donor
Bitcoin Arcade Machine is ‘On Like Donkey Kong’
First Indication that Treasury is Serious about Student Loans Being Paid Back
Woman accuses NYPD of handcuffing 7-year-old son for 10 hours
Cheney Admits that He Lied about 9/11; What Else Did He Lie About?