Crypto Crash Survivors Could Become Tomorrow’s Amazons, Bank of England Says

Discussion in 'Crypto Assets' started by johnarb, Jun 23, 2022.

  1. zghorner

    zghorner

    #11     Jun 23, 2022
  2. zghorner

    zghorner

    amazon's fundamentals went up and up and up...key markers to a growing/thriving company continued to increase despite the loss in value. How does crypto compare?

    It is an apples to oranges deal comparing amazon to any crypto. yes there may be so serious winners out of this dumpster fire. but what method do you use to evaluate it?
     
    #12     Jun 23, 2022
    Nobert likes this.
  3. Well... Andre says the stock-to-flow model is broken at the moment... :sneaky:

     
    #13     Jun 23, 2022
  4. deaddog

    deaddog

    I agree that the technology isn't going away. But who will survive? The technology is changing so fast that it's hard to believe that something that isn't changing (like bitcoin) will survive.

    Amazon & Ebay are mentioned. No one seems to remember the media darlings that didn't recover because they didn't change with the times.

    Here in the frozen north we had Nortel & Research in Motion that later became Blackberry. Both high flyers and media darlings. All the way down the talking heads were telling us what a bargain.

    I'm sure some type of digital currency will become available to the masses that will be accepted worldwide. I wouldn't count on it being one of the ones we know now.
     
    #14     Jun 23, 2022
    jys78 likes this.

  5. Funny everyone always sells the high and escapes the chap 13
     
    #15     Jun 23, 2022
  6. deaddog

    deaddog

    He seems to be calling for a lot of government regulation for something that wants to be unregulated by governments.
     
    #16     Jun 23, 2022
  7. A crypto miner. Back to being a fetus "We mine nothing to sell to those who wish to purchase nothing, in the hopes of becoming fabulously rich" - A good Business Model
    upload_2022-6-23_20-14-6.png
     
    #17     Jun 23, 2022

  8. i watched this goofball. He's a clown . No , a jagoff.

    Grandma cant buy BTC in her IRA ? Wow, totally wrong, totally nonsensical. Another youtube ready clown with a fast mouth and 1000 cuts in the video to make it interesting to the pinheads.

    Did i miss anything ?
     
    #18     Jun 23, 2022
  9. TLTR of the above link:

    What’s more confusing to some taxpayers is that a tax bill can be triggered simply by purchasing an NFT, since the purchase is made with cryptocurrency that may have appreciated since it was bought.
    “If you buy Ethereum for $1 and it goes to $10 and you then use it to buy an NFT, you have a $9 gain—people don’t realize that,” says Jere Doyle, senior vice president at BNY Mellon Wealth Management in Boston.
     
    #20     Jun 24, 2022