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Where To Buy Bitcoin Cash Reddit
Tesla said in its annual report published Monday that the decision to move nearly eight percent of its reserves into bitcoin was part of its broad investment policy as a company aimed at diversifying and maximising its returns on cash, including holding gold.
where to buy bitcoin cash reddit
The ask comes through a job posting or from someone you meet online. It seems simple and harmless enough: provide your bank account information and allow money transfers to flow into your account. Then move the money elsewhere and maybe earn a little cash for the trouble. Easy, painless, profitable. Right?
The latest crash takes bitcoin back to the same prices it was trading at in November 2017, however investors in other cryptocurrencies have been hardest hit. In the last 24 hours, ethereum and bitcoin cash plummeted by almost 20 per cent, amid speculation of a mass sell-off.
One exercise is to see how low prices could get were the NASDAQ to suffer a 2000-style crash. After all, earlier in 2021, the bitcoin and NASDAQ correlation reached highs of almost 80%. So where the NASDAQ went, bitcoin followed. The correlation has declined recently, but should it rise again, the historical drawdowns of NASDAQ could be informative.
Back in 2000, the NASDAQ suffered a 78% drawdown. As of November 2022, the NASDAQ is in a 27% drawdown. A repeat of the 2000-style drawdown would put the NASDAQ at 3,500. So where would crypto be if NASDAQ were trading at this level? We estimate a regression between bitcoin/ethereum returns and NASDAQ returns from 2020 onwards. Based on this relationship, we find:
This is a well-established telegram community associated with Bitcoin and trading. It provides bitcoin bullets and trading data to its members and information that guides users in deciding where and when to invest. Bitcoin bullet also shares the latest news about bitcoin and other cryptocurrencies from around the world. 041b061a72