If they all had vacancies, you would likely drop the idea, but you find that most are full, meaning there is probably some demand for more. While Bitcoin has enjoyed significant growth recently, its value is extremely volatile – and accepting payment via Bitcoin means running the risk that its value could drop overnight. Bitcoin also doesn’t enjoy the protection offered with mainstream currency, and no central government or bank regulates it. To finish it off, I recommend this scholarly-sounding piece that talks about the Singapore Central Provident Fund. Across the board, most Singapore co.s did badly over 1, 3 and 5 years as our economy matured. Bankruptcy and banishment of the foolish was the way it worked for hundreds of years before the Fed, and no sword of Damocles debt burden swept over the world. Adding to the deficit/debt would simply place a heavier burden (debt service) on the economy, further stifling growth. There seems little reason to be concerned about the long term, technically speaking, except for the troublesome decline in Treasury rates and the flattening yield curve.

] the comments of head of the bank made the prior day and (2) China attempted to un-invert its bond yield curve. The long Treasury was strong again, finishing above its 100 and 200 day moving averages (now support) and in a short term trading range—continuing to reflect bond investors’ doubts about a strong economy/rising inflation. The dollar fell, ending in a very short term downtrend and below its 100 and 200 day moving averages and lending little support to the strong economy/rising inflation scenario. They retain their upward momentum as defined by their 100 and 200 day moving averages and uptrends across all timeframes. The VIX (10.8) was off fractionally, leaving it between the lower boundaries of its intermediate and long term trading ranges on the downside and its 100 and 200 day moving averages on the upside. Bottom line: the Averages satisfied the need to close Monday’s gap opening, removing about the only technical factor suggesting lower prices.

Bottom line: the two notable events of the day for me were (1) the schizophrenic performance of all of the Markets. Bottom line: the numbers so far this week have been upbeat, though not enough to get me jiggy. However, it was enough to close Monday’s gap open—eliminating this factor as pressure to the downside. As with most mergers, it took a bit longer than initially forecast–this is why if you are into risk arbitrage, you should always factor in a longer closeout process which lowers your annualized return. If your Bitcoin holdings are stolen, you have no recourse for compensation and it may be difficult – it not impossible – to recover your losses. It is an extremely volatile currency – though its value has soared over 2017, the value of a bitcoin can fall quickly too. The developer listing these two properties, Go Homes, claims that property sales using Bitcoin will become common in the next five years, and will accept the currency on any of its upcoming 250 homes.

Launched in 2009, Bitcoin is a digital currency that isn’t backed by a government. Why make a property purchase with Bitcoin? But there are also complexities around how taxation works on a bitcoin property purchase. First homes sold using Bitcoin Last week, a developer announced it had completed on the first two UK homes to be bought using the cryptocurrency Bitcoin. A £10,000 bitcoin investment made on 20 December would have been worth around £7,000 two days later. Below web link shown some of very fascinating chart in plotting two different variable in very high correlation but no causation at all . Note that as a Patent Attorney who represents or represented may of these “high tech” companies, I do not have much of my portfolio invested in tech stocks. For those who made an early killing on Bitcoin, investing in a tangible asset like property may allow them to convert their digital fortune into real returns.