- Picking two of the larger-cap alt coins, Litecoin - sometimes referred to as the "silver" to Bitcoin's "gold" - has more than tripled since last Thursday. This brings the year-over-year return to more than 8,000%.
- The second-largest market cap coin, Ether is 25% higher since last Thursday, bringing its Y/Y move to 6,260%.
- At $16,750, Bitcoin is about flat over the past few sessions, and up only a modest 2,050% Y/Y.
- Cryptos have no doubt made many rich, but in the Bitcoin community, it's bad form to show any sign of wealth. Check out Jeff Tucker's "How to Live Like a Bitcoin Millionaire." From the piece ... "People say that Bitcoin enthusiasts are banking on an illusion. Maybe it is the opposite. Maybe it is they who have finally embraced the core truth that what you spend today only eats up potential wealth tomorrow. After 100 years of bad money, that truth has evaporated from public consciousness. Bitcoin reveals it anew."
- Previously: SEC warns on cryptos, ICOs (Dec. 12)
- Related tickers: OTCQX:GBTC, COIN, RIOT, OSTK, SSC, MARA, UEPS, OTC:BITCF, XNET, GROW, OTCPK:BTSC, OTCQB:BTCS, OTCQB:MGTI, SRAX, OTCPK:GAHC, OTCQB:UBIA, OTC:ARSC, OTCPK:USTC, OTCPK:PRELF, OTCPK:BLKCF, OTCPK:CRCW, COINB
- Now read: 3 Reasons Bitcoin Futures Are A Net Positive
Original article