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Started By
Message
re: Coinbase (COIN) IPO Discussion - Happening 4/14
Posted on 4/13/21 at 7:31 pm to DeafVallyBatnR
Posted on 4/13/21 at 7:31 pm to DeafVallyBatnR
quote:
The fact that its popular and the comparison to Litecoin. Everyone keeps saying it's a joke. But they're sure are a lot of group mining.
It’s literally a meme coin created as a joke. Infinite supply. I suppose it’s used some...but it’s not where I would advise anyone to park money in crypto.
quote:
Also it’s affordable
It’s the 14th highest market cap out of 1000s of cryptos.
Ride it up if you want, but it’s a short term play. Cash out or swap for BTC.
0
Posted on 4/13/21 at 8:01 pm to DeafVallyBatnR
Since you stated yourself you don’t know how any of this works, I will inform you that Doge is currently ranked as the 13th most expensive coin (market cap) out of the many thousands that exist. If you are basing “affordable” of its individual coin price, please learn how circulating supply affects market cap.
Posted on 4/13/21 at 8:14 pm to Chucktown_Badger
Pretty sure $100B would put it higher than the NYSE and Nasdaq valuation combined. It’s lunacy, but it can absolutely still happen.
This post was edited on 4/13/21 at 8:17 pm
Posted on 4/13/21 at 8:36 pm to tenderfoot tigah
Meet Kevin used to be good when he only did real estate vids
Posted on 4/13/21 at 8:38 pm to jimbeam
i made it 30 seconds before i couldn't take any longer..
how do people like that get a following
how do people like that get a following
This post was edited on 4/13/21 at 8:38 pm
Posted on 4/13/21 at 8:46 pm to tenderfoot tigah
Cool video. Laughable “reasonable” P/Es. There is no way on earth they’re going to get an 80x multiple 3 years rom now if it’s revenue is declining consistently over the last 3 years. That’s his bear case. I don’t need to watch anymore.
Posted on 4/13/21 at 9:03 pm to slackster
So let's open a short position ASAP, right?
Posted on 4/13/21 at 9:04 pm to slackster
You clearly didn't watch the video. Just trolling like always.
Posted on 4/13/21 at 9:10 pm to tenderfoot tigah
quote:
You clearly didn't watch the video. Just trolling like always.
You explain to me why a company with declining revenue should get a PE somewhere between Nvda and Tesla and I’ll watch the rest ...
Posted on 4/13/21 at 9:16 pm to slackster
quote:
You explain to me why a company with declining revenue should get a PE somewhere between Nvda and Tesla and I’ll watch the rest ...
His BEAR case scenario doesn't have declining revenue. It's up 42% by 2024. This is why everyone thinks you are a troll.
Posted on 4/13/21 at 9:22 pm to tenderfoot tigah
quote:
His BEAR case scenario doesn't have declining revenue. It's up 42% by 2024. This is why everyone thinks you are a troll.
Like I’ve said about you for a while - Stocktwits math.
In your world $477MM in revenue is 42% higher than $758MM.
Posted on 4/13/21 at 9:28 pm to slackster
I figured if I said that you couldn't resist watching the video. Thanks for watching.
I'm interested in your price estimate. We can look tomorrow evening and see how smart you truly are.
I'm interested in your price estimate. We can look tomorrow evening and see how smart you truly are.
Posted on 4/13/21 at 9:31 pm to tenderfoot tigah
quote:
I'm interested in your price estimate. We can look tomorrow evening and see how smart you truly are.
Ooooof
Posted on 4/13/21 at 9:33 pm to wutangfinancial
This board has some real animosity I didn’t really expect when I stumbled upon it
Posted on 4/13/21 at 9:39 pm to DeafVallyBatnR
quote:
Also it's affordable and I have no idea how any of this works.
Dogecoin = grains of sand = affordable
Bitcoin = gold nuggets = expensive
Quit buying grains of sand
Posted on 4/13/21 at 9:46 pm to James11111
So is anybody just putting in a limit buy for tomorrow to ride the hype train up for a day? Or did all the smart money already buy in and we gonna see it go straight profit taking from the get go?
Posted on 4/13/21 at 9:50 pm to tenderfoot tigah
quote:
I figured if I said that you couldn't resist watching the video. Thanks for watching.
quote:
I'm interested in your price estimate. We can look tomorrow evening and see how smart you truly are.
We doing 1 day price targets now?
I can’t control how stupid people are willing to be with their money, but I’ll be pretty surprised if buyers tomorrow can sell for a profit 6 months from now.
Posted on 4/13/21 at 9:52 pm to zephry801
quote:
So let's open a short position ASAP, right?
Depends on your financial situation. How long can you withstand the potential lunacy?
Posted on 4/13/21 at 9:52 pm to LSUguerilla
quote:
So is anybody just putting in a limit buy for tomorrow to ride the hype train up for a day?
I tried that for the CPNG IPO, but by the time I got my shares I had gotten in at the top. I'm sure they're all different, but unless you can get in before the rest of the retail investors, it's a risky proposition*.
* I believe this to be the case
This post was edited on 4/13/21 at 9:53 pm
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