I am not one to know being as I have zero dealings with the stock market. It sounds reasonable however.
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Yes, I do know the value of a bit. I remember buying ice cream (three fruit pops) for two bits.I remember when two bits was a lot of money. I now think that I'm the only one left alive that knows how much two bits is.![]()
What we don't have anymore is the "half cent" coins. We haven't had those since the late 19th century.You aren't, although I'm a little new to the world to have spent one bit. That's kinda hard to do with the currency we've had for a century.
I thought eight bits were a Byte (Plus a ninth parity bit)A google moment: The money-related definition of two-bit makes its etymology obvious: it is derived from the noun phrase two bits. However, two bits is an interesting phrase because it actually means "the value of a quarter of a dollar." There is no such thing as a single bit, at least not anymore. The now-obsolete Spanish dollar (also known as a peso or piece of eight) was composed of eight reales, or eight bits, so a quarter of the dollar equaled two bits.