YTD return on Bitcoin

[freeradical]

-53.62%


:jest:

[cbelt3]

Well... many crypto coin returns are in the order of - INFINITY.... And lots of folks are in hot water or on the run for 'losing' $Trillions.

[pdq]

Yeah, not so good.

Other stores of value meme plays include Bed Bath and Beyond, which was $6/sh Aug 4, pumped up to $26/sh as recently as 2 days ago, and fell 40% today after one of the big social media pumpers revealed he dumped all his shares.

Meme stock influencer [and 36-year old] Ryan Cohen is sending Bed Bath & Beyond stock plummeting.

Shares of the badly struggling retailer cratered 40% on Friday after it was disclosed late Thursday that Cohen's RC Ventures sold his entire position in Bed Bath & Beyond.

Hard to believe this is legal, but… :dunno:

Be careful out there, folks.

[freeradical]

BBB was always super expensive compared to other retailers. I've never understood how they made it as long as they did.

[hal]

Today's price is around $21000

when it was first mentioned here, the price was $23

If you bought every time it was mentioned here, you'd be very, very rich

[freeradical]

I remember when it cost 17 cents. It really isn't even "worth" that much.

[Acer]

I'm sticking with tulip futures. One of these days they'll come back.

[d4]

I know 2 people who purchased expensive computers and graphics cards (at inflated prices due to shortages) to cryptomine at the peak of the craze hoping to make passive income. They are DEEP in the hole. Not just from the newly purchased hardware but also from "investing."

[Carnos Jax]

We’re down 30% on our crypto investment.

[Carnos Jax]

cbelt3 wrote:
Well... many crypto coin returns are in the order of - INFINITY.... And lots of folks are in hot water or on the run for 'losing' $Trillions.

Most coins I assume are a scam or ponzi scheme of some sort. If you're gonna get in it, stick with the reputable ones like Bitcoin or Etherium. Even with those, there is no doubt some shenanigans are going on in the form of manipulation by market operators. This is why the whole industry needs to be regulated. It's like the wild west out there now.