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Stoopid Money Minute 2018-05-11
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Bitcoin Loses $9K Support As Markets React To S. Korea Investigation, Mt.Gox Sell-Off - Bitcoin’s value has retreated from the $9000 mark after the South Korean government performed a surprise investigation of the Upbit exchange. At the same time some 8000 BTC were liquidated as part of the Mt. Gox bankrupcy proceedings.
WTF
This is WTF which stands for...well you know. Each episode we'll tackle a common crypto buzzword or meme or phrase and what it means. Today's word is: Mt. Gox - Mt. Gox was one of the first Bitcoin exchanges. It was poorly run and managed and was hacked in 2014. Mt. Gox is basically the Bond villain of the crypto world.
SMH
This is SMH which stands for Sell/Buy, Mine, Hold or Hodl :) The purpose of this segment is to tell you what we're doing so you can think about your own strategy.
- SELL - Nothing
- BUY - Litecoin
- MINE - Ethereum
- HODL - Bitcoin
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