(Translation: they're not worth as
much as some speculators think they are).
Not exact matches
Bitcoins are growing in popularity, and although they were largely used by
speculators who were looking at it
as a way to make money by buying bitcoins at lower prices and selling them at higher prices (
much like trading foreign exchange or forex), there is a growing trend of businesses accepting Bitcoin
as a form of payment.
It looks very
much like
speculators in currency futures have been buying the euro and selling the SF
as a pair trade, undoubtedly to take advantage of the downward trend in the SF / euro exchange rate that got underway in April.
He is editor of the Prudent
Speculator and author of The Buckingham Report (
as much promotional
as informative).
Globally any currency is only worth
as much as people value it on the Foreign Exchange Market, so the global success of a state - sponsored cryptocurrency may be crippled by risk - averse
speculators.
Early
speculators claim that the manual 2013 Chevrolet Cruze diesel is even be capable of going
as far
as reaching the «magical» 50 mpg mark without too
much stress.
Bitcoin surged by
as much as 7 percent on Tuesday and was on track for its longest winning streak in 18 months,
as concerns that Greece could tumble out of the euro drove
speculators and Greek depositors into the decentralized digital currency.
That may be a problem since regulators would likely want to know
as much information
as possible about the investors and
speculators involved in the Bitcoin market.
Per CCN, Kudlow wants to implement «phase two» of Trump's tax reform, which will include lower rates for capital gains, a move that might convince crypto
speculators to take some profits off the table in the future without worrying
as much about taxes.
However, the cryptocurrency market seems to be stabilizing
as much of the
speculator volatility in the market eased off in the last couple of weeks.
With construction lending tight and memories fresh of
speculators who walked away when mortgage financing dried up, builders are funding projects with cash commitments from buyers of
as much as 60 percent of the purchase price.