SPR spartan resources limited

Absolutely nothing to do with gold or SPR so apologies in...

  1. 6,770 Posts.
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    Absolutely nothing to do with gold or SPR so apologies in advance.

    Bitcoin is incredibly volatile. It plunged by nearly 10% in 43 seconds - wow that is amazing volatility in less than 1 minute.

    I know some people are into crypto but I view it as a giant ponzi scheme with a very strong 3:1 correlation with the tech sector ie for every 1% change in tech stocks Bitcoin changes by 3%. It has no intrinsic value, not a currency, not a store of value, not a method of exchange, but is used by crooks, used to laundry money, etc. If computers go down in a solar flare event there goes everyone’s Bitcoin.


    https://hotcopper.com.au/data/attachments/6659/6659990-63571c2b6844034aa6f1d1c73fbbcf0e.jpg
    Last edited by calmbeforestorm: 06/12/24
 
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Last
$2.02
Change
-0.040(1.94%)
Mkt cap ! $2.588B
Open High Low Value Volume
$2.03 $2.06 $2.01 $22.33M 10.97M

Buyers (Bids)

No. Vol. Price($)
3 27965 $2.02
 

Sellers (Offers)

Price($) Vol. No.
$2.03 26721 4
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