TRUTH WALTON

Student of the Market

Wednesday, 6 December 2017

Real Cost of a Bitcoin

Bitcoin crossed the $13,000 mark today, up from $11,500 yesterday, as bulls resume control of a temporarily un-shortable market.

That makes the current opportunity cost of owning one bitcoin: 5 S&P 500s, 77 shares of Apple, 60 shares of Exxon Mobile, 240 barrels of oil or 10 ounces of gold.
Posted by RD at 12:51:00
Labels: Bitcoin, Block-Chain
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