{"id":33083,"date":"2021-05-24T20:36:14","date_gmt":"2021-05-25T01:36:14","guid":{"rendered":"http:\/\/huewhite.com\/umb\/?p=33083"},"modified":"2021-05-24T20:36:14","modified_gmt":"2021-05-25T01:36:14","slug":"the-next-bubble-ctd-2","status":"publish","type":"post","link":"https:\/\/huewhite.com\/umb\/2021\/05\/24\/the-next-bubble-ctd-2\/","title":{"rendered":"The Next Bubble, Ctd"},"content":{"rendered":"<p>A reader remarks on <a href=\"https:\/\/huewhite.com\/umb\/2021\/05\/19\/the-next-bubble-ctd\/\" target=\"_blank\" rel=\"noopener\">bitcoin<\/a>:<\/p>\n<blockquote><p>I just wish I had bought some Bitcoins back in 2012 &#8211; 2016 when I was actually thinking about doing so.<\/p><\/blockquote>\n<p>Hindsight and so on &#8211; but, to be honest, I&#8217;m glad I did not. I prefer my investing theses, as ill-formed as they sometimes can be, to at least have some sort of virtue working for them &#8211; a good or a service that makes sense.<\/p>\n<p><em><strong>Bitcoin<\/strong><\/em> has yet to charm me, as readers of this thread know.<\/p>\n<p>So I don&#8217;t like the idea of the emotional anguish that might have beset me for being invested in something that still seems to provide a weakly needed service.<\/p>\n<p>Speaking of, it supposedly had a bit of a recovery today. Here&#8217;s a trailing nine month chart <a href=\"https:\/\/www.buybitcoinworldwide.com\/price\/\" target=\"_blank\" rel=\"noopener\">from<\/a> <em><strong>Buy Bitcoin Worldwide<\/strong><\/em>:<\/p>\n<p><a href=\"https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/05\/Bitcoin-prices-5-24-2021.jpg?ssl=1\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-33084\" src=\"https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/05\/Bitcoin-prices-5-24-2021.jpg?resize=800%2C453&#038;ssl=1\" alt=\"\" width=\"800\" height=\"453\" srcset=\"https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/05\/Bitcoin-prices-5-24-2021.jpg?w=1297&amp;ssl=1 1297w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/05\/Bitcoin-prices-5-24-2021.jpg?resize=300%2C170&amp;ssl=1 300w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/05\/Bitcoin-prices-5-24-2021.jpg?resize=1024%2C580&amp;ssl=1 1024w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/05\/Bitcoin-prices-5-24-2021.jpg?resize=768%2C435&amp;ssl=1 768w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/05\/Bitcoin-prices-5-24-2021.jpg?resize=150%2C85&amp;ssl=1 150w, https:\/\/i0.wp.com\/huewhite.com\/umb\/wp-content\/uploads\/2021\/05\/Bitcoin-prices-5-24-2021.jpg?resize=250%2C142&amp;ssl=1 250w\" sizes=\"auto, (max-width: 800px) 100vw, 800px\" \/><\/a><\/p>\n<p>It has a ways to go to reach its previous high, and it&#8217;s not at all obvious that such a price is in reach, what with the Chinese affirmation of hating on cryptocurrencies.<\/p>\n<p><strong><em>WaPo<\/em><\/strong> has a <a href=\"https:\/\/www.washingtonpost.com\/business\/2021\/05\/24\/bitcoin-rebound-market-today\/\" target=\"_blank\" rel=\"noopener\">new article<\/a> for masochists.<\/p>\n<p>And, no, I have no real idea where bitcoin is going next.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A reader remarks on bitcoin: I just wish I had bought some Bitcoins back in 2012 &#8211; 2016 when I was actually thinking about doing so. Hindsight and so on &#8211; but, to be honest, I&#8217;m glad I did not. I prefer my investing theses, as ill-formed as they sometimes \u2026 <a class=\"continue-reading-link\" href=\"https:\/\/huewhite.com\/umb\/2021\/05\/24\/the-next-bubble-ctd-2\/\"> Continue reading <span class=\"meta-nav\">&rarr; <\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-33083","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/33083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/comments?post=33083"}],"version-history":[{"count":1,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/33083\/revisions"}],"predecessor-version":[{"id":33085,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/posts\/33083\/revisions\/33085"}],"wp:attachment":[{"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/media?parent=33083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/categories?post=33083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/huewhite.com\/umb\/wp-json\/wp\/v2\/tags?post=33083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}