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A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

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Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#21

Earlier quoted context omitted.

What do you mean when you say cryptotech?

"blockchain, et al"

Block tech or chain tech might be a better phrase

Or decentralized ledger / dledger tech.

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#22

Well I see bitcoin talks by instagram models saying they are bitcoin gurus now too. I'm inclined to think bitcoin is a bubble, but cryptotech is the future.

Can you share some links please? I'm morbidly curious.

leave please

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#23

It's not about the crypto for me.It's about the technology behind them that excites me. Blockchain is definitely worth the hype in my opinion. Reading this article got me even more excited on the applications of blockchain: https://passivetalks.com/the-top-venture-funded-blockchain-t...

Crypto is the tech behind the blockchain. And the blockchain is the tech behind these cryptocurrencies.

How did "crypto" start to mean "cryptocurrency" to people?

When this cryptocurrency stuff crashes I hope there isn't some media backlash against crypto, in general.

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#24
post #23

It's not about the crypto for me.It's about the technology behind them that excites me. Blockchain is definitely worth the hype in my opinion. Reading this article got me even more excited on the applications of blockchain: https://passivetalks.com/the-top-venture-funded-blockchain-t...

Crypto is the tech behind the blockchain. And the blockchain is the tech behind these cryptocurrencies. How did "crypto" start to mean "cryptocurrency" to people? When this cryptocurrency stuff crashes I hope there isn't some media backlash against crypto, in general.

I can understand the way people feel about blockchain but a backlash against what boils down to mathematics is a futile exercise.

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#25

Earlier quoted context omitted.

"blockchain, et al"

Block tech or chain tech might be a better phrase Or decentralized ledger / dledger tech.

Cryptographically enabled decentralized systems

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#26
post #19

I remember the days when adding the word "e-commerce" to your penny stock had the same effect. Good times.

Back in the dot-com days there was a fish processing company called Zapata that decided to become an Internet portal. As their stock soared, Zapata tried to buy Excite.com for $1.6 billion in stock but didn't succeed.

Zapata finally pulled the plug in January 2001:

"The news of Zap's demise marks the end of an era. The Internet business was so heady back in 1998, when the portal-wanna-be first came on the scene, that people scoffed only slightly at the news that an animal by-products company was taking on Yahoo! in the battle for those formerly coveted viewers."

https://www.forbes.com/2001/01/09/0109zapata.html#70a49b773a...

We're probably nearing the point where the Zapatas of this crypto-token boom start using their inflated valuations to try to acquire more traditional tech companies.

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#27
post #24
post #23

Earlier quoted context omitted.

Crypto is the tech behind the blockchain. And the blockchain is the tech behind these cryptocurrencies. How did "crypto" start to mean "cryptocurrency" to people? When this cryptocurrency stuff crashes I hope there isn't some media backlash against crypto, in general.

I can understand the way people feel about blockchain but a backlash against what boils down to mathematics is a futile exercise.

Unfortunately ignorant people have been known to conduct exercises in futility.

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#28
post #19

I remember the days when adding the word "e-commerce" to your penny stock had the same effect. Good times.

Heh heh. I worked for a company that rebranded itself as "b2b" back when that was the buzzword. We didn't get a 24x pop, but I was amazed at the extent to which our little company was suddenly worth so much more even though our product and operations remained exactly the same.

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#29
> On November 25, 1998, during the dot com bubble, the stock price soared from $3 per share to $38.94 on November 27, 1998 and an intra-day high of $47.00 on November 30, 1998 after the company announced an updated website. Two weeks later, the share price was back down to $10. By 2000, the share price had returned to $3.[7][8] Those days included suspenseful times for day traders, such as when the stock moved up 6 points in 13 minutes.[7] During this time, insiders sold hundreds of thousands of shares.[7]

https://en.wikipedia.org/wiki/Books-A-Million

Re: A Small Fintech Stock Surged 2,400% After Announcing It’s a Crypto Company

#30
post #5

Earlier quoted context omitted.

Could you expand on your thoughts for Trump trying to bring everything back home? Genuinely curious what your thoughts are and not from a political stand point :) Thanks.

It gets him votes, part of the "make 'merica great again" propaganda. In other news, he and his relatives will continue to outsource where ever they can.

The tax bill ironically appears to encourage outsourcing by any company big enough to do it by making the minimum corporate rate 10 percent (theoretically to encourage Apple to bring billions home) in certain circumstances and letting companies average their income/taxes over all offshore affiliates. http://theweek.com/articles/743632/gop-tax-bills-biggest-boo...
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