BTC is killing it right now

Discussion in 'Crypto Assets' started by Lee-me, May 22, 2024.

  1. 2rosy

    2rosy

    Half life for the $ is about 5 years. Kind of amazing.
     
    #11     May 24, 2024
  2. I actually think working ETH will pay off better these days rather than BTC.
     
    #12     May 24, 2024
  3. Fingers crossed this will be an amazing bullish run in the next few days.
     
    #13     May 24, 2024
    Lee-me likes this.
  4. Lee-me

    Lee-me

    Thanks but I didn't lose anything actually, didn't trade on it in first place :banghead::banghead:
     
    #14     May 24, 2024
  5. Lee-me

    Lee-me

    Looked like it at the time :(
     
    #15     May 24, 2024
  6. Lee-me

    Lee-me

    I expected it to go way beyond what it actually did in that pump.
     
    #16     May 24, 2024
  7. hilmy83

    hilmy83

    BTC = QQQ+

    I'm still waiting on when this will actually decouple completely..but so far, it's just another "stock index"
     
    #17     May 24, 2024
  8. Really? Because bitcoin isn't even correlated to Bitcoin miners lately...
     
    #18     May 24, 2024
  9. Bitcoins correlations to qqq has been close to 0 for a year.
     
    #19     May 24, 2024
    johnarb likes this.
  10. piezoe

    piezoe

    history of the Russian Rubble (A BRIC currency): source https://www.xe.com/currency/rub-russian-ruble/

    The Ruble has been the currency of Russia for approximately 500 years; it has been used in various countries throughout its history. There have been different versions of the ruble due to the various changes in the currency's value.


    Years Description of the Ruble
    First ruble
    1500s-1921
    • The ruble remained the official currency of Russia until 1921, when it dramatically fell in value
    • In 1710, the ruble was given its first subdivision, kopeks, with 100 kopeks making up one ruble
    • Used a bimetallic standard of gold and silver
    • In 1885, a new standard was adopted and the ruble was pegged to the French franc at a rate of 1 ruble to 4 francs
    Second ruble 1921-1922
    • A redenomination was set at a rate of 1 new to 10,000 old rubles
    • Chervonets were also used starting in 1922
    Third ruble 1923-1924
    • The Soviet Union issued a redenomination at a rate of 1 new to 100 old rubles
    Fourth ruble 1924-1947
    • Known as the gold ruble, the fourth version was issued at a rate of 50 000 old to 1 new ruble
    Fifth ruble 1947-1961
    • Following World War II, another redenomination was set at a rate of 10 old to 1 new ruble
    Sixth ruble 1961-1997
    • Based on the 1947 reform, another redenomination was set
    • After the collapse of the Soviet Union, Russia continued to use the ruble, replacing old banknotes
    Seventh ruble 1998-present
    • In 1998, another redenomination was set at a rate of 1 new to 1,000 old rubles
    • That year, six months after the Russian financial crisis, the RUB lost 70% of its value against the US dollar
    • In 2010, Russia and China decided to use their national currencies for joint trade
     
    #20     May 24, 2024