Like I said the worst case scenario is they get booked for insider trading, pay a fine and keep it moving.
Banks and institutions do this s*** daily in higher volumes.
I still believe that the XRP use case will prevail.
i think you mean best case scenario
What do you think of ALGO? S***coin for sure, but the staking rewards are nice. And what do you make of the theory that quantum computers could f*** the bitcoin algorithm in a couple years?
It's not a bad project, just as you said it's got f***ed tokenomics. If you bought low I wouldn't sell it quite yet and continue to compound your gains through staking. Regarding the quantum stuff, I wouldn't worry too much about that because if that is proven to be possible, most current cryptographic protocols would be at major risk. Meaning possible banks, emails, etc being exposed and cryptocurrencies wouldn't be at all the issue at that point, there would be much bigger problems. Most believe that as the tech scales, so will encryption; think quantum-encryption to fight quantum-hacking
What do you know
Palantir has had a troubled past and I don't know much about the company the last few years but from my experience it was a lot of hype that failed to deliver. I think the business itself is propped up by marketing and had this vision that the software never succeeded in
The reason the SG&A costs are so high is because they're not a real 'tech' company and it was not a scalable tech, i think it was called Gotham
They're nothing more than a consulting company like McKinsey or Accenture but they have Thiel so people get really excited
If you do some digging into that you'll find a lot of history on this topic, try hackernews or other sites
news.ycombinator.com/item?id=24236603 - here's what i mean
Plus personally the company itself is sketchy af, I don't support what they do ethically
Rephrase: What criteria does an altcoin have to meet to be thought of as a potentially viable investment?
is it solving a problem in a big market?
is it a novel idea?
is the token needed in the first place?
does a product need to be a crypto or is it just a cash grab for company operations?
can i actually see a good ROI given the current price/market cap?
-this is especially important these days with newer tokens held by VCs and pre-sale whales that can dump if the price rises
a lot of similarities in traditional investing with tokenomics involved
market cap, volume, total supply, circulating supply, inflation/operations model, team credentials, competitors, exchanges it trades on, roadmap, vision for the future project etc
and, is it actually being used currently? does it have an active community? not just people trying to pump their bags
Parsiq PRQ
alt season almost here
incoming and a lot of hype on this one once again
Palantir has had a troubled past and I don't know much about the company the last few years but from my experience it was a lot of hype that failed to deliver. I think the business itself is propped up by marketing and had this vision that the software never succeeded in
The reason the SG&A costs are so high is because they're not a real 'tech' company and it was not a scalable tech, i think it was called Gotham
They're nothing more than a consulting company like McKinsey or Accenture but they have Thiel so people get really excited
If you do some digging into that you'll find a lot of history on this topic, try hackernews or other sites
https://news.ycombinator.com/item?id=24236603 - here's what i mean
Plus personally the company itself is sketchy af, I don't support what they do ethically
Plus they don't embrace the cloud.
How do y'all feel about the incoming Biden administration?
Janet Yellen is notoriously anti-Bitcoin.
Thinking of taking my profits on Nio and jumping on Roku
Nio has way more room for growth than roku.
Maybe trim your nio position and put the realized profits into Roku
was up 6% earlier today and just knew all my holdings were way overbought. Not tryna sell Bc of taxes though
need to hold out minimum this week
Nio has way more room for growth than roku.
Maybe trim your nio position and put the realized profits into Roku
Yeah thats what i ended up doing, sold about half of my nio shares and threw them in roku
How do y'all feel about the incoming Biden administration?
Janet Yellen is notoriously anti-Bitcoin.
I feel like the higher corp tax worries have already withered away, but I guess we'll see how that looks like in a few months/years
knowing Biden, he'll just retract them if Bezos puts his nuts on the oval office desk, so there's that too
they'll be subjugated into f***ing with bitcoin or get left behind
just recently got into investing
bought a lot of mutual/index funds through fidelity and turned on DRIP, set up acorns to round up on moderately aggressive & invest $10 of my own money a week, set up $10 recurring bitcoin purchases every week on coin-base and $10 of TSLA a week on robinhood
all i can afford right now but the more i make from my 8-5 the more i plan on investing while i learn more about the market and trading
this latest ripple saga has been unreal