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Bitcoin touches $50,000. And some of our “bitcoin” stocks do well

Bitcoin hit $50,000 today, but closed slightly below. Not all “bitcoin” stocks were up — TSLA and MSTR were down. But PYPL, GBTC, SQ and RIOT were up.

Crypto is clearly going up — based on the extraordinary number of press releases I’m getting daily about it. The buzz is hot and heavy. They all push “experts” on me, willing to give me insights I’m craving (or not).

I googled: What will bitcoin be worth in 2030? and got this delicious answer:

Clearly bitcoin has more buzz than gold, silver or palladium.

Many people believe Michael Saylor as the leading bitcoin guru. Here’s an old interview. It recounts how he put $1 billion of Microstrategy’s money into bitcoin. Microstrategy (MSTR) is a legitimate software company. This is how Wikipedia describes it: “MicroStrategy Incorporated is a company that provides business intelligence, mobile software, and cloud-based services. Founded in 1989 by Michael J. Saylor and Sanju Bansal, the firm develops software to analyze internal and external data in order to make business decisions and to develop mobile apps.”

Here’s bitcoin over the last year.

Buy yourself a neat present

Wüsthof Santoku, Classic Ikon (1040331317), 17 cm Klingenlänge, Kullenschliff, geschmiedet Edelstahl rostfrei, asiatisches Küchenmesser, extrem scharf. Which translates into you’ll use this knife every day, as I do. It’s really a delight to use $170. It almost makes cooking fun.  Click here.

My talented day trader friend swears by this book

Don’t be put off by the words “stock traders.” If you buy shares, you you should read the book. It’s a really easy book to read. You’ll find nuggets of wisdom. Buy it in Kindle for $7. Click here. 

I get phone calls about

+ Suspicious $739 activity on my Amazon account.

+ My car’s warranty is running out again.

+ I can be “upgraded” on something.

I’m sick of being called “Mister Harry.”

Hanging up is best.

Wonderful quotes

+ When choosing between two evils I always like to take the one I’ve never tried before — Mae West

+ “I’m not interested in money,” Marilyn Monroe once said, “I just want to be wonderful.”

+ “I have enough money to last me the rest of my life, unless I buy something.” — Jackie Mason

+ My favor insult is “A modest little person, with much to be modest about.” – Winston Churchill

Living (?) and learning

I’ve been working with my team on updating Newton’s Telecom Dictionary, now 1440 pages, about to go to 1550+. Amazing the explosion of computing, network and telecommunications terms — reflecting the incredible explosion in innovation in the past few years.

if you upgrade to the new iPhone 12 Pro Max (which I recommend), please get the fellow in the store to move all your stuff over. Don’t trying doing it yourself — unless you’re a masochist and enjoy that sort of torture.

See you tomorrow. — Harry Newton