US ETFDetailed Quotes
BITI ProShares Short Bitcoin ETF
- 7.450
- -0.480-6.05%
Close Oct 11 16:00 ET
7.690High7.410Low
7.690High7.410Low12.01MVolume7.690Open7.930Pre Close90.56MTurnover141.60%Turnover Ratio--P/E (Static)8.48MShares19.89952wk High--P/B63.18MFloat Cap7.00052wk Low0.27Dividend TTM8.48MShs Float43.686Historical High3.64%Div YieldTTM3.53%Amplitude7.000Historical Low7.542Avg Price1Lot Size
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I initiated a small position in $ProShares Short Bitcoin ETF (BITI.US)$. As the late Charlie munger said Bitcoin is rat poison. Warren buffett also explains why he is not investing in bitcoin, because it doesn't have the earnings power backing of companies or tax levying power of governments behind fiat currencies.
Some call bitcoin "digital gold", I think that's an insult to gold which historically is a safe haven in times of war and disaster and has industrial uses.
Som...
Some call bitcoin "digital gold", I think that's an insult to gold which historically is a safe haven in times of war and disaster and has industrial uses.
Som...
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Hello Mooers! ![]()
In today's discussion, I would like to share with you a few groups of ETFs that are either on my watchlist and/or portfolio and, at the same time, would like to hear from your comments and opinions.![]()
In my previous post on 11 approved bitcoin ( $Bitcoin (BTC.CC)$ ) ETFs that will start trading on January 11, 2024, 90% voted that they will definitely trade these bitcoin ETFs. The survey...
In today's discussion, I would like to share with you a few groups of ETFs that are either on my watchlist and/or portfolio and, at the same time, would like to hear from your comments and opinions.
In my previous post on 11 approved bitcoin ( $Bitcoin (BTC.CC)$ ) ETFs that will start trading on January 11, 2024, 90% voted that they will definitely trade these bitcoin ETFs. The survey...
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$ProShares Short Bitcoin ETF (BITI.US)$ anyone know if the bitcoin price drops to 48k, what is the price for BITI?
$ProShares Short Bitcoin ETF (BITI.US)$
I’ve just sold my cryptos, so what Im left to do is buy BITI options perhaps 2 more. Why Im doing so is because the crypto could drop, especially when u see the RSI. So, if u have cryptos, u might want to sell at a profit - just not the right time to buy yet.
I’ve just sold my cryptos, so what Im left to do is buy BITI options perhaps 2 more. Why Im doing so is because the crypto could drop, especially when u see the RSI. So, if u have cryptos, u might want to sell at a profit - just not the right time to buy yet.
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$ProShares Short Bitcoin ETF (BITI.US)$ should i hold or sell?
$ProShares Short Bitcoin ETF (BITI.US)$ sell high, like yesterday.
$BITI 240920 8.00C$
Buying this cuz’ BTC Greed Index at 70s. We rarely get to 80s. I just bought 1 option so far. If BTC skyrocket (its okay to lose this money) but if it crashes (Im happy to make money & would have hoped to buy 2 more calls).
Buying this cuz’ BTC Greed Index at 70s. We rarely get to 80s. I just bought 1 option so far. If BTC skyrocket (its okay to lose this money) but if it crashes (Im happy to make money & would have hoped to buy 2 more calls).
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Financial markets, including currencies, shares, cryptocurrencies, and commodities, are poised to react to US President Joe Biden's withdrawal from the 2024 presidential race. Wall Street and European markets may face increased volatility.
Following an assassination attempt on Donald Trump, Biden has decided to withdraw from the race and endorse Vice President Kamala Harris as the Democratic nominee. Investors ...
Following an assassination attempt on Donald Trump, Biden has decided to withdraw from the race and endorse Vice President Kamala Harris as the Democratic nominee. Investors ...
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TechWhiz : Your arguments apply to gold in the early days too. Gold had industrial use, btc has financial transaction use.
Why gold and not other metals? The market decided on it as a store of value thru time. Now as tech improves , the market of new, tech savvy investors are deciding that btc is or will be the digital gold.
No 2 ways about it. The market decides. Maybe this new generation of investors love rat poison? So be it.
Ask Blackrock.
David Lee cm OP TechWhiz : Gold was a status symbol in the past, owning bitcoin is not a status symbol. Money launderers, smugglers, crime syndicates used bitcoin as transactions, who wants to be associated with these guys.
TechWhiz David Lee cm OP : Once btc crosses 100k or even 1m, you will wish you have this status symbol. Every revolutionary thing takes time to develop.
The bad actors are always there... in stocks, currency, real estates, etc. Owning these assets does not mean you are one of them. Does Michael Saylor look like a criminal? is Blackrock not respectable? Don't worry about these bad actors, they will be take care of in time.
Times have changed. you must change with the times or be left behind. It is a pity that people reject disruptive tech due to old beliefs or misunderstanding of what it is.
BTC represents a revolution of our times, just like electricity, the telephone, the internet and now AI.
Next revolutionary thing will likely be Quantum computing . please don't dismiss this too
David Lee cm OP TechWhiz : China has banned bitcoin for the reasons I listed below and it is a threat to central bank policy making. China is developing ai, quantum computing, AR, robotics etc., it is not against new technologies. Neither am I.