Bitcoin Versus Commodities — Two Observations About Money
Money or commodities is no good if you can’t spend it. Bitcoin is too volatile at the moment to be used as money. These two imperatives — preserving value but being able to sell quickly…
Technology
Motley Fool Investing Million in Bitcoin — We Must Be Near Peak Lunacy?
Motley Fool is a financial and investing advice firm, announced that they are buying $5 million in Bitcoin on our own balance sheet. Motley Fool’s announcement is particularly alarming…
Cochlear Share Price up 9% on Bumper Half-Year Earnings (ASX:COH)
When it comes to the cream of the crop though, the big winner has to be Cochlear Ltd [ASX:COH]. With the $14.6 billion company posting a stellar result. Cochlear Share Price is up, sending the…
Is the JB Hi-Fi Share Price Stalling Despite Bumper Sales? (ASX:JBH)
Electronics retailer JB Hi-Fi Ltd [ASX:JBH] is trading higher today thanks to solid results posted in its half-year report. At time of writing the JBH share price is up 2.04%, or $1.04, to trade at…
A Lesson in Identifying Trends: Stock Market Collapse is Around the Corner
What this old bear sees from history’s hilltop is a stock market collapse that heralds in a depressionary era. One, that — in the current booming and ebullient market environment — seems so implausible…
To the Moon Elon! Non-Profitable Tech Companies Could Go Higher…
With enough fuel — liquidity — it’s possible for non-profitable tech companies to go even higher. But losses can’t go to the moon, much less Mars.
Bitcoin Is More Than a Speculative Asset
The thing that makes bitcoin different is that it is a decentralised system. That is, there is no centralised authority controlling the currency or network. Bitcoin achieves this truly decentralised system through blockchain technology.
Investing in Bitcoin: What’s Different about Bitcoin This Time…
As I write this, Bitcoin [BTC] is climbing… It’s only a few dollars shy from reaching a record high of US$23,000 or around AU$30,000. The Bitcoin price is now way past its all-time high of…