Last year, the cryptocurrency market truly gave Wall Street and investors something to marvel at. From the beginning of 2017 to its end, the combined value of all digital currency market caps soared by nearly $600 billion. On a percentage basis, we're talking about an increase in value of more than 3,300% in a single year. No other asset class has ever come close to these scorching single-year returns, and we may never see anything like it again, at least in our lifetime. Even though bitcoin, the world's largest cryptocurrency by market cap, "underperformed" its peers by gaining 1,364% in 2017, it has vastly outperformed traditional equities since it debuted in 2010. Between March 2010 and mid-December 2017, bitcoin rallied from less than $0.01 to more than $20,000 per token. No stock has even come close to these returns. Image source: Getty Images. How volatile is the world's largest cryptocurrency? But for as good as bitcoin has been for long-term investors, it has also weighed … [Read more...] about How Volatile Is Bitcoin?
Good time to buy bitcoin
The giant bitcoin boom of last year may be abating somewhat, but the digital currency isn't going away any time soon. Bitcoin may be the best known, but there are plenty of untraceable digital currencies lurking around online. The basic idea is that you store this digital, encrypted currency in a "wallet" and use it to buy goods and services online. But in order to buy stuff, you have to get some currency to begin with. There are essentially two different ways to get hold of bitcoin. You can either buy some from a reputable trader, which works much like any other currency exchange. Alternatively, you can "mine" bitcoin - which is how the whole process got started to begin with. If you want to mine bitcoins, you're going to have to get hold of some expensive computer equipment because it takes a lot of processing power. But we'll deal with buying it outright first. Buying bitcoins Bitcoin is notoriously volatile, so you need to do a bit of research before you plonk down some … [Read more...] about How to get bitcoins
Want to get paid for doing no work? Good news: Once you've purchased a dividend stock -- particularly a dividend stock that has a reliable history of solid payouts -- a lot of the hard work is done, and you can sit back and wait for the stock to pay you every quarter. Of course, you'll have to do some work up front and figure out which dividend stocks to buy. Let's start right now by looking at dividend stocks Magellan Midstream Partners (NYSE: MMP), Royal Dutch Shell (NYSE: RDS-A)(NYSE: RDS-B), and Energy Transfer Partners (NYSE: ETP). All three have been paying dividends -- and better yet, increasing them -- for a long time. Here's where they stand today. The oil and gas industry is a great place to look for top dividend stocks. Image source: Getty Images. Structured to pay Magellan Midstream Partners' current yield of about 5.5% is juicy, but it comes with the territory. Magellan is an energy master limited partnership, or MLP, and in exchange for favorable tax … [Read more...] about 3 Stocks That Pay You to Own Them
Business By Dan Macadam & Daniele Palumbo Business reporters 11 December 2017 Share this with Facebook Share this with Twitter Share this with Messenger Share this with Messenger Share this with Email Share Share this with These are external links and will open in a new window Email Share this with Email Facebook Share this with Facebook Messenger Share this with Messenger Messenger Share this with Messenger Twitter Share this with Twitter Pinterest Share this with Pinterest WhatsApp Share this with WhatsApp LinkedIn Share this with LinkedIn Copy this link http://www.bbc.com/news/business-42150512 Read more about sharing. These are external links and will open in a new window Close share panel The value of digital currency Bitcoin is making headlines again.Amid volatile trade in November and December, it hit a peak of more than $17,000 at one point - a … [Read more...] about What is Bitcoin?
Slippage.Basically the way I think about U.S. equity market structure is:"Real" investors (hedge funds, mutual funds, etc.) do not want to trade with high-frequency traders, because high-frequency traders are evil.Real investors do want to be able to buy and sell unlimited quantities of stock immediately.The only people who are consistently willing to trade instantly with real investors are high-frequency traders.You see the problem.The solution is for the real investors to trade on a platform that says it protects them from high-frequency traders, while also quietly having lots of high-frequency traders.The trick is that the real investors want to be deceived, but not, you know, deceptively. You can't just lie to them. So when Barclays Plc showed users of its dark pool a bubble chart of the different user types, and deleted the bubble for a big high-frequency trader, it got in trouble. When Bank of America told investors that it was filling … [Read more...] about Investors Want to Buy a Lot But Not Pay a Lot