BTC
Meme
Social trend and summarized meme
$95967.23
-9.49% weekly
+0.91%
Last Hour Posts
-66.7%
2
Last 24hrs Posts
-52.1%
72
1hr Avg Sentiment
+317.1%
0.3828
24hrs Avg Sentiment
-26.0%
0.0918
Inst Hold: %
Short Pct: %
Sentiment vs. Performance
Updated 2024-12-23T09:38:36+00:00 browser time.
*
R500 ranks any stock, ETF, mutual fund, plus some crypto against all SP500 component stocks,
over a period of time, refreshed every 10 minutes.
The lower the R500 the better.
By default, R500 ranks over the latest trading day.
** Sum of post sentiment times post up votes
Rank BTC
Why invest in MSTR instead of directly buying BTC?
Posted 2024-12-22T03:51:12, updated 2024-12-23T04:10:52 60 0.9386 investing
You'd be betting on their ability to keep using their access to credit markets to acquire BTC more efficiently than you otherwise could, increase BTC per share, and eventually do something interesting with their massive holdings as BTC adoption matures. I think they'll probably do very well and could have some upside vs BTC. But I also think it's a very different risk profile. Where BTC is a bearer asset with basically no counterparty risk, MSTR is very reliant on Saylor continuing to make good decisions and staying solvent. God knows what happens if Saylor dies and gets replaced with some random suit.
MSTRMost recent 2024-12-23T08:19:16+00:00
What Are Your Moves Tomorrow, December 23, 2024 1 0.7655 wallstreetbets
Wild, IBIT pretty much only ever has inflows. Very few days with outflows. I'm almost surprised it...
- There must be some people selling the underlying to move into IBIT just because it's easier?
7 hours ago 2024-12-23T03:27:06+00:00
Can someone explain how MicroStrategy makes money? 1 0.9904 investing
You are literally describing a speculation man. Your entire argument boils down to "there is econom...
- No one in the world is betting on Bitcoin to generate such economic value that the asset pays something akin to a dividend.
- But none of those reasons are anything other than price speculations, as none of those things actually drive economic activity.
- Outside of the technical issues that trying to do massive amounts of transactions on the bitcoin block chain has, the simple truth is the reason it's a good speculation is the exact same reason it's a terrible currency.
- If you believe the price of a Bitcoin will go to 120-150k sometime in 2025 why would you liquidate your holdings for another asset that won't appreciate as quickly?
- On the reverse end of the equation, if you don't believe in crypto/BTC why would you accept as payment, as it could easily drop to 50-70k in 2025 and now your out a significant amount of value.
What Are Your Moves Tomorrow, December 23, 2024 7 -0.8807 wallstreetbets
>A Looming Threat to Bitcoin: The Risk of a Quantum Hack. https://www.wsj.com/tech/cybersecurity/a-...
It's pretty wild to say, but Intel now has the single greatest bang for your buck GPU on the market. Sold out everywhere. A total triumph. 1 0.8979 wallstreetbets
I put $1,000 into each of TSLA and NFLX in 2013, then sold them in 2016 because I could tell they'd ...
- I put $1,000 into each of TSLA and NFLX in 2013, then sold them in 2016 because I could tell they'd peaked.
- I made enough to get all my money back AND buy 1 bitcoin.
- I sold the Bitcoin a few months later and DOUBLED my money--it was such an obvious bubble.
- Pretty good gain of about 45% per year.
- Since then, TSLA, NFLX, and BTC have average annual returns of about 55%, 40%, and 80%, respectively.
The sheer idiocy of bitcoin and why this is it's last "cycle" 1 -0.8478 wallstreetbets
lmfao okay dude whatever you say Bitcoin fails as a currency. Perhaps the technology behind it mig...
- Perhaps the technology behind it might someday produce a good viable digital currency, but right now it's all just owned by get-rich-quick scammers and people who want to buy drugs and child porn online.
- >now you're bitter watching people who bought BTC years ago for a fraction of todays price.
- I can only make money on this if I sell and some poor sap buys in.
- That feels pretty fucked up!
8 hours ago 2024-12-23T02:09:39+00:00
Can someone explain how MicroStrategy makes money? 1 0.8406 investing
Yes a ton of people buy gold because they're goldbugs or investors or whatever you want to call them...
- Yes a ton of people buy gold because they're goldbugs or investors or whatever you want to call them.
- I'm not denying that those people exist and contribute to the high price of gold.
- There aren't separate gold prices for investing vs jewelry, it's one common market.
- > There will come a day when BTC is worthless again but it can still certainly hit 1mil per coin before that happens.
- If you actually believe that, then I bet you can find someone to sell you $1M BTC futures for tenths of a penny on the dollar.
Why has the stock market been exponentially increasing since 1/2009? 1 0.8121 stocks
For those 10 years? I mean BTC has gone up 10000000% during the same time frame. Are you going to be...
- Are you going to be fully invested in BTC?
- Sure you can chase high returns but what if gold crashes?
- Now I'm curious about your retirement portfolio allocation and how much money you have.
- You seem like the type of person to do all the data and research and chase high returns yet barely have any money in retirement accounts.
To all the youngsters: I (57M) was once where you are. Slow and steady wins the race. 1 0.7856 investing
The benefit of index funds is a relatively easy way of diversifying one's assets. Unfortunately, BTC...
- Unfortunately, BTC (and crypto generally) is seen as too risky and therefore not an option for diversifying.
- People who can afford to should diversify into BTC, even if it's only 5% of their investments.
To all the youngsters: I (57M) was once where you are. Slow and steady wins the race. 1 -0.7 investing
To be honest, no one knows what happens in the event of a financial collapse in the US. My guess wou...
- My guess would be world wide depression and currency as we know it (including crypto) would go away for awhile.
- If for some reason the US didn't drag the rest of the world down with it, BTC could be useful as means to take some money with you to another country.
- This of course assumes the BTC network keeps running.
- Also, I don't believe the US is on the brink or will likely ever financially collapse without a huge exogenous event.
1 day ago 2024-12-22T03:51:12+00:00
Why invest in MSTR instead of directly buying BTC? 60 0.9386 investing
You'd be betting on their ability to keep using their access to credit markets to acquire BTC more e...
- You'd be betting on their ability to keep using their access to credit markets to acquire BTC more efficiently than you otherwise could, increase BTC per share, and eventually do something interesting with their massive holdings as BTC adoption matures.
- Where BTC is a bearer asset with basically no counterparty risk, MSTR is very reliant on Saylor continuing to make good decisions and staying solvent.
- God knows what happens if Saylor dies and gets replaced with some random suit.
Why invest in MSTR instead of directly buying BTC? 14 0.9426 investing
BTC is less volatile than MSTR and MSTR is a security, meaning that all the usual mechanism of hedgi...
- I don't think you can buy an SEC protected BTC leveraged put expiring in 3 hours, for example, but if you want to do that with MSTR, you can.
- The market has a lot of very short term movers that feel safer doing what they do everyday in a known system.
- It's an open door into bitcoin for professional investors, without needing to address your funds' internal rules (or create investor fear by moving into full crypto holding).
The More Aggressive The Better 1 0.9922 investing
I'll offer a few ideas for going aggressive within reason: 1. Upgrade your international allocation...
- The first three choices further consolidate mega cap growth companies already found in VTI and VOO.
- I personally have QQQM, but only because VGT excluded a couple core holdings I like because Vanguard doesn't consider them to fit with their definition of tech (eg Amazon and Google).
- Add some Bitcoin, either through direct purchase of BTC or using ETFs like IBIT or FBTC.
- However, you would need to exercise a lot of caution and understand what you are doing and how fast things can turn bad.
- If we were in a bear market with battered equities, then I might consider UPRO or TQQQ to catch a big ride up.
Weekend Discussion Thread for the Weekend of December 20, 2024 8 -0.6486 wallstreetbets
futures open flat and BTC dump to 90k. ppl are reading too much into btc activity. btc will crash re...
1 day ago 2024-12-21T19:19:48+00:00
Can someone explain how MicroStrategy makes money? 64 0.949 investing
They don't, they're a value destroying software business. They offer bonds that are convertible to...
- They dilute the BTC exposure of those who purchase the newly offered shares and distribute it to existing shareholders.
- It's a house of cards built on the price of Bitcoin and the next investor paying an increasing premium for a smaller and smaller portion of Bitcoin
- They're tipping their hand and saying the only thing they're doing is acting as a Bitcoin Treasury and a marketing machine.
- - the price of Bitcoin remains steady and shares get priced at an outrageous premium allowing them to buy enormous amounts of Bitcoin
- MSTR can never provide the same amount of BTC per dollar because doing so would eliminate one half of their business model.
The sheer idiocy of bitcoin and why this is it's last "cycle" 47 -0.7128 wallstreetbets
This. The only use it had as a currency was being somewhat anonymous, so it was good for illegal tra...
- The only use it had as a currency was being somewhat anonymous, so it was good for illegal transactions and laundering money.
- Using exchanges to buy/sell btc throws that out the window.
- It also turns out not to be as anonymous as people thought.
- Some poor sap that spent all their btc a Oz of blow in 2017 is window shopping lambos they could have bought in 2024.
- BTC has become a literal ponzi scheme.
Can someone explain how MicroStrategy makes money? 18 0.9186 investing
Accretive to the existing shareholders. This is why its effectively a ponzi. I can buy one BTC now...
- 267 MSTR shares means I hold 0.48130221 BTC
- It increased the BTC/share ratio for existing shareholders
- Someone who held $97,000 of shares from the share offering *before* mine would see their BTC exposure jump from ~0.48 to 0.48130221
Every Monday morning I invest $1,885. Here is how I divvy it up, can y'all provide feedback/opinions on my investing strategy please? 11 0.875 investing
I would say if you want exposure to bitcoin, just set up an automated transfer on a reputable exchan...
- I would say if you want exposure to bitcoin, just set up an automated transfer on a reputable exchange like Coinbase and buy the bitcoin straight up.
- The only reason anyone should hold a BTC ETF that I can see is to gain exposure within tax protected accounts.
- Most of that disparity is likely due to the fees the fund collects, and you're just opening the door to mismanagement by not holding the coins yourself, especially if your plan is to just buy and hold.
2 days ago 2024-12-20T13:31:38+00:00
The sheer idiocy of bitcoin and why this is it's last "cycle" 9 0.9253 wallstreetbets
Yes, you're correct that Bitcoin is a public ledger and transactions are traceable, but that's exact...
- Yes, you're correct that Bitcoin is a public ledger and transactions are traceable, but that's exactly what sets it apart from truly anonymous methods of moving money, like cash or gold.
- That's why cash USD payments are used far more for illicit activites than BTC because they're entirely untraceable and anonymous.
- And sure, governments can monitor Bitcoin, but they can't control it or seize it without access to private keys, unlike fiat currencies in bank accounts, which can be frozen instantly.
- It protects against arbitrary restrictions, such as in countries where governments freeze bank accounts, impose capital controls, or steal from their citizens through hyper inflation.
- While compliance with laws is necessary in jurisdictions with enforcement power, Bitcoin ensures that individuals have the option to retain control over their assets in systems prone to instability or abuse, making it much more than a tool for evasion.
The sheer idiocy of bitcoin and why this is it's last "cycle" 15 -0.8402 wallstreetbets
If you have large sums of money in this imaginary scenario you aren't beholden to the same rules as ...
- If you have large sums of money in this imaginary scenario you aren't beholden to the same rules as everyone else and will have access to whatever you need.
- If you're a poor, you probably have limited access to resources to buy, sell, and hold BTC anyway.
- Then sign up for an exchange which is probably limited in your country in this scenario as well.
- Then you've got to find some way to store your wallet address.
- Then you have to hope you don't put a decimal in the wrong spot and pay a shit ton of fees.
I YOLO'd $35,000 in Credit Card Debt at 0% into Bitcoin @ $44,000 35 0.855 wallstreetbets
If you bought BTC for 20K in 2022 you saw a 400% increase. If instead you bought NVDA in 2022 at $1...
- If instead you bought NVDA in 2022 at $12 a share, you saw a 1000% increase.
- Not really sure it's worth bragging about given that if you bought BTC in 2021, you'd only have a 67% increase today, vs NVDA in 2021 which would be still be about a 1000% increase.
- Less wild than regular stocks though.
I YOLO'd $35,000 in Credit Card Debt at 0% into Bitcoin @ $44,000 4 0.9077 wallstreetbets
I mean, you're right. I am certainly biased towards crypto, and I think the reason why Bitcoin peopl...
- I am certainly biased towards crypto, and I think the reason why Bitcoin people act like cult members is because we realized this is the first opportunity in a long time where the little guy has the opportunity to front run the institutions.
- I've been into crypto for about 6 years, but I'm also not a super hardcore cypherpunk like the early Bitcoiners mining it in their basement.
- I just recognize, especially with Bitcoin, that it's an emerging technology that is now fast approaching mass adoption.
- People want this stuff and tbh, I think if more people really dropped their preconceived notions about BTC and really gave an honest look into it to learn what it is and how it works, they would see "the light" the way I did.
- I always thought it was silly, but when I sat down and learned about it with an open mind, I realized it was a massive opportunity and I was shocked more people weren't into that.
5 days ago 2024-12-18T00:27:35+00:00
BlackRock just released a video about Bitcoin 5 0.9798 wallstreetbets
In my opinion, Bitcoin is money. It is a hard digital asset. The blockchain Bitcoin is on is an inve...
- USD, EUR, CAD, Yen etc is money, used as a medium to exchange for goods.
- Bitcoin is a hard capped digital asset that preserves value in a fiat monetary system where currency/money is fluid relative to each other.
- If there are not enough sea shells back in the days, maybe the leaders would go to the beach to get more and include it into the local supply.
- If the Romans thought 100%backed gold and silver coins was to costly, they debased it to 40% or 30% with other metals in it.
- The blockchain is a technology that transfers stuff, Bitcoin is the digital hard asset that exists on it.
What are your moves on NVDA? 18 0.9185 investing
This is the thing. It's like 1000% growth in the last 5 years. It's the most valuable company in the...
- It's the most valuable company in the world overnight.
- How much upside can this thing really have?
- With a PE of 50 it's not exactly a safe play either.
- BTC just hit 100k, I don't think that's necessarily a coincidence even with the AI hype.
- People who know more than me can no doubt justify another 100% gain.
2025 for Health Insurance Companies 11 0.8885 wallstreetbets
I'm slow - what's the hint? My thesis here is this will blow over. The new CVS CEO used to run Car...
- The new CVS CEO used to run Caremark and is a good person to help navigate the divesting IF that were to happen (I don't think it will).
- But IF it did it removes about $1.35 off the earnings per share which leaves it around $4 which equates to about 60ish a share value if trade ng around the industry average.
- But this market is wild right now.
- I SHOULD have just tossed everything into BTC and called it a day
If Bitcoin falls below $23,000, MicroStrategy will be forced to liquidate all of its BTC holdings and file for bankruptcy lol 82 0.7906 wallstreetbets
In 2012, I bought 14 BTC to use on the silk road, then I promptly got arrested while rolling on the ...
- In 2012, I bought 14 BTC to use on the silk road, then I promptly got arrested while rolling on the ecstasy that we bought.
Day-by-day Polarity
| Date** | Open | High | Low | Close or Current | R500* | Mentions | Positive Mentions | Up Votes | Voted Sentiment** |
|---|---|---|---|---|---|---|---|---|---|
| Mon 2024/12/23 | -0.01% | +1.30% | -1.36% | +0.91% $95967.23 | #327 | 21 | 16 | 22 | 1.34 |
| Sun 2024/12/22 | 82 | 56 | 166 | 76.59 | |||||
| Sat 2024/12/21 | +0.29% | +0.29% | -0.06% | -0.06% $97434.90 | #1 | 90 | 60 | 209 | 104.03 |
| Fri 2024/12/20 | 221 | 152 | 612 | 100.66 | |||||
| Thu 2024/12/19 | +0.03% | +2.71% | -4.45% | -2.55% $97490.95 | #474 | 102 | 74 | 193 | 57.29 |
| Wed 2024/12/18 | +0.01% | +0.31% | -5.75% | -5.75% $100041.54 | #484 | 223 | 145 | 286 | 73.55 |
| Tue 2024/12/17 | +0.00% | +2.11% | -0.70% | +0.10% $106140.60 | #101 | 206 | 137 | 399 | 189.43 |
| Mon 2024/12/16 | -0.00% | +3.34% | -0.94% | +1.66% $106029.72 | #35 | 101 | 66 | 163 | -3.44 |
| Sun 2024/12/15 | +0.00% | +3.62% | -0.14% | +2.89% $104298.70 | #1 | 20 | 18 | 23 | 6.94 |
| Sat 2024/12/14 | -0.01% | +1.14% | -0.81% | -0.09% $101372.97 | #1 | 177 | 129 | 645 | 305.91 |
| Fri 2024/12/13 | +0.00% | +1.85% | -0.81% | +1.42% $101459.26 | #22 | 16 | 9 | 29 | 8.82 |
| Thu 2024/12/12 | -0.01% | +1.34% | -1.81% | -1.12% $100043.00 | #405 | 32 | 21 | 170 | 121.82 |
| Wed 2024/12/11 | -0.02% | +5.42% | -0.96% | +4.65% $101173.03 | #9 | 8 | 7 | 10 | 2.14 |
| Tue 2024/12/10 | +0.01% | +0.86% | -3.19% | -0.78% $96675.43 | #296 | 29 | 17 | 61 | -24.78 |
| Mon 2024/12/09 | +0.00% | +0.04% | -6.80% | -3.76% $97432.72 | #482 | 30 | 16 | 183 | 99.69 |
| Sun 2024/12/08 | -0.00% | +1.48% | -1.15% | +1.31% $101236.02 | #1 | 2 | 2 | 3 | 2.18 |
| Sat 2024/12/07 | -0.00% | +0.64% | -0.89% | +0.00% $99923.34 | #1 | 65 | 47 | 75 | 14.10 |
| Fri 2024/12/06 | +0.50% | +5.64% | -0.08% | +3.44% $99920.71 | #12 | 15 | 14 | 17 | 3.49 |
| Thu 2024/12/05 | -0.03% | +5.20% | -6.85% | -2.20% $96593.57 | #458 | 79 | 53 | 172 | 38.06 |
| Wed 2024/12/04 | -0.01% | +3.34% | -1.40% | +2.88% $98768.53 | #28 | 73 | 58 | 165 | 51.70 |
| Tue 2024/12/03 | -0.01% | +0.45% | -2.33% | +0.14% $96002.16 | #120 | 13 | 11 | 16 | 4.65 |
| Mon 2024/12/02 | -0.00% | +0.90% | -2.88% | -1.45% $95865.30 | #412 | 30 | 18 | 47 | -5.84 |
| Sun 2024/12/01 | +0.01% | +1.49% | -0.70% | +0.86% $97279.79 | #1 | 12 | 7 | 19 | 2.51 |
| Sat 2024/11/30 | +0.01% | +0.04% | -1.35% | -1.04% $96449.05 | #1 | 12 | 11 | 19 | 3.02 |
| Fri 2024/11/29 | +0.00% | +3.18% | -0.26% | +1.89% $97461.52 | #26 | 22 | 16 | 25 | -0.01 |
| Thu 2024/11/28 | -0.01% | +0.72% | -1.34% | -0.32% $95652.47 | #1 | 55 | 40 | 49 | 7.82 |
| Wed 2024/11/27 | -0.01% | +5.84% | -0.22% | +4.32% $95962.53 | #1 | 38 | 32 | 45 | 18.98 |
| Tue 2024/11/26 | -0.02% | +2.03% | -2.50% | -1.20% $91985.32 | #406 | 42 | 29 | 195 | 92.57 |
| Mon 2024/11/25 | +0.02% | +0.94% | -5.48% | -5.01% $93102.30 | #500 | 89 | 64 | 167 | 16.55 |
| Sun 2024/11/24 | +0.00% | +0.89% | -2.03% | +0.24% $98013.82 | #1 | 81 | 67 | 123 | 24.54 |
| Sat 2024/11/23 | +0.01% | +0.02% | -1.78% | -1.23% $97777.28 | #1 | 24 | 22 | 38 | 12.63 |
| Fri 2024/11/22 | -0.01% | +1.17% | -1.30% | +0.50% $98997.66 | #301 | 65 | 48 | 217 | 48.08 |
| Thu 2024/11/21 | -0.01% | +4.96% | -0.22% | +4.42% $98504.73 | #13 | 140 | 102 | 424 | 99.09 |
| Wed 2024/11/20 | -0.00% | +2.77% | -0.78% | +2.16% $94339.49 | #37 | 30 | 27 | 35 | 16.07 |
| Tue 2024/11/19 | -0.01% | +3.82% | -0.13% | +1.99% $92343.79 | #24 | 73 | 53 | 122 | 23.94 |
| Mon 2024/11/18 | -0.00% | +3.06% | -0.50% | +0.78% $90542.64 | #172 | 93 | 66 | 143 | 35.43 |
| Sun 2024/11/17 | -0.00% | +0.97% | -2.01% | -0.79% $89845.85 | #1 | 31 | 22 | 102 | 21.34 |
| Sat 2024/11/16 | -0.00% | +0.77% | -1.07% | -0.56% $90558.48 | #1 | 4 | 4 | 7 | 3.96 |
| Fri 2024/11/15 | +0.04% | +5.29% | -0.14% | +4.37% $91066.01 | #3 | 32 | 30 | 57 | 27.15 |
| Thu 2024/11/14 | -0.01% | +1.30% | -4.31% | -3.68% $87250.43 | #484 | 54 | 36 | 73 | 2.81 |
| Wed 2024/11/13 | -0.03% | +6.23% | -1.93% | +2.99% $90584.16 | #14 | 41 | 33 | 51 | -2.83 |
| Tue 2024/11/12 | +0.00% | +1.42% | -4.00% | -0.84% $87955.81 | #275 | 43 | 26 | 116 | 3.40 |
| Mon 2024/11/11 | -0.00% | +11.35% | -0.24% | +10.22% $88701.48 | #2 | 64 | 47 | 97 | 10.59 |
| Sun 2024/11/10 | -0.00% | +6.12% | -0.28% | +4.81% $80474.19 | #1 | 87 | 72 | 133 | 73.52 |
| Sat 2024/11/09 | +0.01% | +0.51% | -1.01% | +0.30% $76778.87 | #1 | 4 | 2 | 4 | -0.61 |
| Fri 2024/11/08 | -0.00% | +1.78% | -0.34% | +0.84% $76545.48 | #217 | 9 | 8 | 24 | 9.93 |
| Thu 2024/11/07 | -0.00% | +1.72% | -1.53% | +0.35% $75904.86 | #228 | 4 | 1 | 4 | -0.46 |
| Wed 2024/11/06 | -0.00% | +10.24% | -0.05% | +9.05% $75639.08 | #31 | 2 | 2 | 2 | 0.45 |
| Tue 2024/11/05 | -0.00% | +4.00% | -0.52% | +2.28% $69359.56 | #80 | 3 | 2 | 4 | 1.88 |
| Mon 2024/11/04 | +0.00% | +1.01% | -2.82% | -1.35% $67811.51 | #451 | 1 | 0 | 1 | -0.32 |
| Sun 2024/11/03 | +0.01% | +0.10% | -2.61% | -0.79% $68741.12 | #1 | 1 | 1 | 2 | 1.77 |
| Sat 2024/11/02 | +0.01% | +0.55% | -0.65% | -0.28% $69289.27 | #1 | 2 | 2 | 2 | 1.84 |
| Fri 2024/11/01 | +0.00% | +1.91% | -2.04% | -1.04% $69482.47 | #405 | 6 | 4 | 1 | -3.30 |
| Thu 2024/10/31 | -0.01% | +0.45% | -3.80% | -2.94% $70215.19 | #437 | 14 | 7 | 21 | -1.65 |
| Wed 2024/10/30 | -0.01% | +0.25% | -1.80% | -0.52% $72339.54 | #344 | 25 | 19 | 95 | 46.59 |
| Tue 2024/10/29 | +0.00% | +5.25% | -0.25% | +4.02% $72720.49 | #12 | 39 | 31 | 117 | 58.13 |
| Mon 2024/10/28 | -0.01% | +3.36% | -0.58% | +2.91% $69907.76 | #20 | 24 | 22 | 27 | 4.98 |
| Sun 2024/10/27 | +0.01% | +1.80% | -0.25% | +1.36% $67929.30 | #1 | 7 | 5 | 6 | 0.08 |
| Sat 2024/10/26 | -0.02% | +1.01% | -0.42% | +0.56% $67014.70 | #1 | 50 | 36 | 174 | -12.10 |
| Fri 2024/10/25 | +0.01% | +0.82% | -3.87% | -2.23% $66642.41 | #476 | 23 | 18 | 45 | 10.26 |
| Thu 2024/10/24 | +0.33% | +3.56% | +0.03% | +2.60% $68161.05 | #23 | 13 | 8 | 11 | 0.45 |