Bitcoin, Cryptocurrency, and the Future of Global Finance

#1,402
#1,402
theFallGuy said:
@reecetn are you invested in any metaverse tokens? I'm interested in decentraland specifically
Click to expand...

I am trying to figure that game out.

NFT's will be huge on meta. I had kind of put the NFT market on the back burner but Facebook and the metaverse announcement has definitely changed things up.

I do have a skin in the VRA game which currently has a patent for Proof of view on videos for marketing firms. I hear they are trying to get into the NFT game which would be huge.

here is another one I am eyeing.
 
#1,403
#1,403
BigOrangeMojo said:
Here's the issue from a fundamental perspective. You don't know (and I don't know) if $2.8T is too high, too low, or just right. You (or I) don't know which crypto will have value and which is dog crap (pun intended). How much of the increase in the prices is driven by the technological reasons you lay out and how much is based on a speculative bubble. It's similar to the .com bubble back in 2000. People would bid up the prices for anything that had .com on the end of it (whether or not it was investable). If you chose well, you did well. If you didn't, you lost your shirt.

The problem is most of the people investing in crypto have no idea what they are investing in. (I'm not saying you fall into this category since I find you to be intelligent)
Click to expand...
Amazon is currently valued at about $1.8T

Would you consider that too low, too high, or just right?
 
#1,404
#1,404
The new liquidity hub is officially coming in 2022. This week has been epic!!!!!!!!!!
 
#1,405
#1,405
85SugarVol said:
Amazon is currently valued at about $1.8T

Would you consider that too low, too high, or just right?
Click to expand...

I can look at Amazon's financials, its income statement, its operating margins and apply a range of various financial ratios (factoring in various low to high growth scenarios) to determine a range of the present value of its future earnings (i.e. its stock price).

You can't do that with crypto.

Personally, in the intermediate term, I think AMZN is fairly priced.
 
#1,407
#1,407
Who regulates crypto?

Who can be held accountable when fraud occurs?

Other than scale, how is coin appreciation different from meme stock driven supply/demand imbalances of targeted securities?

Since much of the valuations have been inflated due to the insulation from government entities, what happens to that valuation once powerful governments become more involved?

Are coins being given high valuations because blockchain technology records transactions? Why is that?

There are no balance sheets, income statements, cash flow reports, or entities in charge. How can valuations in the trillions of US$s be verified?

Why are caps on the number of tokens being considered such an important component of high valuations of individual coins, yet there is no limit to the number of new coin names that can be created and added to the universe of crypto supply? It would be relevant if only a handful are adopted, but if there are thousands and the exchange platforms are developing technology to easily exchange any coin for any other coin efficiently then demand can’t overwhelm the supply.
 
Last edited:
#1,408
#1,408
Wow, the SOLO/XRP pair is still going up. The RSI is redlined and it won't cool off!!!!

This is awesome!!!
 
#1,410
#1,410
Thunder Good-Oil said:
Who regulates crypto?

Who can be held accountable when fraud occurs?

Other than scale, how is coin appreciation different from meme stock driven supply/demand imbalances of targeted stocks?

Since much of the valuations have been inflated due to the insulation from government entities, what happens to that valuation once powerful governments become more involved?

Are coins being given high valuations because blockchain technology records transactions? Why is that?

There are no balance sheets, income statements, cash flow reports, or entities in charge. How can valuations in the trillions of US$s be verified?
Click to expand...
You'll never get an answer to any of your questions TGO because this stuff is all faux money.
 
  • Like
Reactions: Thunder Good-Oil
#1,411
#1,411
BigOrangeMojo said:
I can look at Amazon's financials, its income statement, its operating margins and apply a range of various financial ratios (factoring in various low to high growth scenarios) to determine a range of the present value of its future earnings (i.e. its stock price).

You can't do that with crypto.

Personally, in the intermediate term, I think AMZN is fairly priced.
Click to expand...
Of course you can look at AMZN financials. But that really wasn’t my point.
 
#1,417
#1,417
BigOrangeMojo said:
What was your point then? You asked if I thought AMZN was priced fairly, low, or high and I gave you the analysis I use to buy any stock.
Click to expand...
Yes, and it was perfectly laid out. I wasn’t really trying to gauge how you felt about AMZN, though.

We have much more information (not perfect, but more) when it comes to Equities & Fixed Income. But even in those established, traditional markets - do we really know?
 
#1,419
#1,419
85SugarVol said:
Yes, and it was perfectly laid out. I wasn’t really trying to gauge how you felt about AMZN, though.

We have much more information (not perfect, but more) when it comes to Equities & Fixed Income. But even in those established, traditional markets - do we really know?
Click to expand...

Yes, we do. Especially the large public companies. There are too many people involved for the publication of fraudulent financials after grand conspiracies to be anything other than rare occurrences. If a company reports that they had $10 billion cash on their books on 12/31 you can sleep well believing that they had $10B on 12/31. Same with revenue for the period ended. Same with liabilities. Same with inventories. Same with the likelihood that the company will continue on (or not) as a going concern. Too many individuals face criminal penalties otherwise. The information that is not known is the future. That is where skills such as assessments of risk/reward and patience come into play. You never now when an administration might throw away a successful energy policy to pander to an ignorant, envious, hateful voting base, but you can be pretty safe assuming that such economic errors will be corrected in the coming 2-year or 4-year election cycles.

At this point crypto coin valuations are little more than pure speculation. At least in Vegas you know that your expected return on every spin will be below -1.13% when you select red or black or odd or even. Sitting on coins might resemble betting on green. Some will be the lucky statistical anomalies. There are a few Lotto millionaires as well.

BTW, a 1% per month return over 30 years has pretty good odds of occurring and grows an initial investment about 30 fold.
 
#1,420
#1,420
Holy $h*t the sologenic chain is on fire!!!!!!!


Business is booomin!!!!


And we haven't even got to the airdrop yet!!!!
 
#1,421
#1,421
Take a look at Ripple/XRP's twin sister Stellar/XLM about to break out!!!!!

ripples_twin.png
 
#1,422
#1,422
Thunder Good-Oil said:
Yes, we do. Especially the large public companies. There are too many people involved for the publication of fraudulent financials after grand conspiracies to be anything other than rare occurrences. If a company reports that they had $10 billion cash on their books on 12/31 you can sleep well believing that they had $10B on 12/31. Same with revenue for the period ended. Same with liabilities. Same with inventories. Same with the likelihood that the company will continue on (or not) as a going concern. Too many individuals face criminal penalties otherwise. The information that is not known is the future. That is where skills such as assessments of risk/reward and patience come into play. You never now when an administration might throw away a successful energy policy to pander to an ignorant, envious, hateful voting base, but you can be pretty safe assuming that such economic errors will be corrected in the coming 2-year or 4-year election cycles.

At this point crypto coin valuations are little more than pure speculation. At least in Vegas you know that your expected return on every spin will be below -1.13% when you select red or black or odd or even. Sitting on coins might resemble betting on green. Some will be the lucky statistical anomalies. There are a few Lotto millionaires as well.

BTW, a 1% per month return over 30 years has pretty good odds of occurring and grows an initial investment about 30 fold.
Click to expand...
I should have been more specific. I’m not calling into question whether their Financials are accurate and audited.

As I stated, and you pointed out, we have much better information when it comes to large established equities. No argument there.
 
#1,424
#1,424
85SugarVol said:
I should have been more specific. I’m not calling into question whether their Financials are accurate and audited.

As I stated, and you pointed out, we have much better information when it comes to large established equities. No argument there.
Click to expand...

Kind of why I’m making a comparison to meme stocks, only on a much larger scale. The meme stocks with market caps only in the hundreds of millions blew up ONLY because of the artificial demand surge. IMO that’s very similar what pushes crypto to silly valuations. Crypto markets are closer to the 24/7 currency traders than the much smaller group of Reddit users… therefore the market caps are totaling trillions instead of below a billion. Crypto has a similar, artificial supply/demand imbalance. FOREX is far less volatile and individual countries do have economic data to validate prices.
 
  • Like
Reactions: BigOrangeMojo
#1,425
#1,425
Speaking of regulations and clarity. I totally agree with the CEO of Ripple Brad Garlinghouse when he said it would be a shame for the US to be left behind by declaring XRP a security. Given the beating the SEC has taken from the hearings and from their own ex employees things look great!!!!!

 
  • Like
Reactions: theFallGuy and n_huffhines
New posts
You must log in or register to reply here.

VN Store



Back
Top