iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,430 Blog Posts

BORING

Breadth is for shit. Nothing is lining up for trades. Can you imagine if every day was this fucking bland?

What happens to stocks when WTI dips into the $40s? Will the junk bond market finally begin to price it in?

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3 comments

  1. edge

    No push either way.
    Sold miners, +18%. Too soon for the inflation/calamity bet.

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  2. ferd

    GUSH time.

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  3. roguewave

    Marc Faber, age 73, bought the dip in Bitcoin (in the 3,000’s) for a nice double+
    He can read a chart and knows, zero is the wrong amount of Bitcoin to own.

    https://www.youtube.com/watch?v=rUFhxL0A8OA

    Top 10 Cryptocurrency Performers Of 2019
    As of May 28, 2019
    https://bitcoinist.com/cryptocurrency-top-ten-performers-of-2019/

    1. Binance Coin (BNB) +475%
    2. Tezos (XTZ) +255%
    3. Litecoin (LTC) +254%
    4. Bitcoin Cash (BCH) +166%
    5. EOS (um… EOS) +158%
    6. Bitcoin (BTC) +134%
    7. Cardano (ADA) +106%
    8. Dash (DASH) +100%
    9. Monero (XMR) +93%
    10. Ethereum (ETH) +91%

    I couldn’t easily get the prices for May 28th but here are the May 26 prices versus today:
    coin: May 26, 2019 price; today’s price
    binance: $34.10; $31.56
    tezos: $167; $134
    litecoin: $111.42; $110.78
    bitcoin cash: $432.84; $394.31
    eos: $6.91; $6.36
    bitcoin: $8,673; 7,816
    cardano: $0.086; $0.083
    dash: $162.60; $143.36
    monero: $92.00; $86.40
    Ethereum: $267.07; $248.87

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