I thought I was done for November, but I found six more articles I really wanted to share! I don’t have much else to share in the way of personal details today; I’ve mostly spent the week doing shopping for Christmas decorations for the tree. I do have a few things to say about Bitcoin and the markets today, though.
We’ve had a crazy few days on the markets as Bitcoin blitzed to $11,000 to the dollar and then pulled all the way back to $9,000 all in the span of 48 hours. Anyone still seriously looking at this as anything other than a severe bubble is likely to get burned badly. Remember, if Bitcoin bursts this is going to have big ramifications for the rest of the crypto-markets as mainstream investors move away. If crypto takes a hit, make sure to re-assess any positions you might have in AMD or Nvidia since the two major GPU makers have received a huge boost from crypto-mining over the past year and a half.
In other news, tech stocks pulled back a fair bit both in China and the US as investors decided to take profits. It looks today that any profit-taking has ended temporarily and we may be heading higher before the end of the year. Anyway, here are the links:
- DNA shows NYC has distinct Uptown and Downtown rat populations.
- How to get your mind to read.
- More evidence shows bringing laptops to lectures decreases student performance.
- How the GOP tax bill effects the Middle Class, by the numbers.
- Personal finance for engineers.
- The catastrophic failure of Mexico’s affordable housing program.