The Rich9jablog

Sometimes it stinks to be a bitcoin play: Hey, if you want to ride the bitcoin wave as an investor you have to be prepared for randomly getting your face punched in. Case in point are those Johnny- come-latelies who bought payment tech company Square ( SQ ) after it enabled  buying and selling of bitcoin in its Cash app. Shares plopped 5% on Wednesday as  Fed Chair Janet Yellen  said bitcoin is "highly speculative." What, you thought she was going to trash the U.S. dollar? Come on people. Anyhow, Square's stock is now below its 50-day moving average. Memo to Square executives: This month would be a good time to explain to analysts and investors (again) that Square is way more than a bitcoin play. Hit those phones, Jack Dorsey. There are two ways to look at this one: Scrolling around Twitter last night I came across a plug for Microsoft ( MSFT ) CEO Satya Nadella appearing on the  Daily Show . Obviously I had to watch this -- it's not often the CEO of