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Showing posts with the label Len Sassaman

NEWS OF THE WORLD: Part 2. BITCOIN

Bitcoin has dropped 45% since its peak of 126,000 in October of 2025 .  Here is a   video on what has happened .  Two historic graphs. Of course, who would have known, but: If you had purchased $100 worth of Bitcoin earlier in 2015, it would today be worth close to $25,000 today. If you bought at the end of 2015, around $15,000.   Of course, if you had somehow gotten in at the beginning,  here is what I wrote in October of last year,  updating Bitcoin when it was at this high period. By late 2009, the first recorded exchange of Bitcoin for dollars was $5.02. Something to do with pizza, but on 22May2010, 10,000 Bitcoins were worth $40. June 2011:  $26/bitcoin. February 2013:  $22/bitcoin. But those numbers have not been used to make this comparison to today Here is what $100 invested in these companies in early 2015 would be worth in late 2025/early 2026: Amazon (AMZN):   ~$880 - $950 Apple (AAPL):   ~$850 - $1,150 Alphabet/Google (G...