Post
Topic
Board Mining speculation
Merits 4 from 1 user
Re: It is 2020 time for a new diff thread.
by
TheYankeesWin!
on 24/03/2020, 11:58:39 UTC
⭐ Merited by frodocooper (4)
The dow dropped to  18591
so  feb 20 price  29,219 would mean   -36.37%
and feb 24 price  27,960 would mean   -33.50%

gold  price went up to 1670
feb 24 price was 1682  that means    -0.71 %

silver price went up to 13.92
feb  24 price  was 18.87  that means -26.23%

Platinum price went up to 693
feb 24 price was 975        that means -28.92%

btc went up to 6739
feb 24 price was 9588  that means  -29.71 %   but when diff moves 15%   the figures for miners  not holders  will be.

6739 x 1.15 = 7749/9588 =   -19.17%

So the trend is leave stocks go to metals and BTC to protect assets.

Gold is king -0.71%

BTC ,Silver and platinum are  between -26.23 and -29.71%

BTC will get a nice boost for miners on wed the 25th when diff moves -15%

Rich people made a lot of money/asset moves since feb 20.  They have less faith in stocks then in metals and cryptocoins.