51–60 of 66 posts
Saw the same countless times during Internet 1.0. In one case, a small uninspiring Florida bank said they were starting a website. Stock went from 8 to 92 in a day. It's called a bubble folks. Study history lest you get permanently burned when it explodes.
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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.
I realize you aren't OP but I do understand the "making America great again" getting him votes by saying he's bringing back jobs. However, that's a political response that deflects from the real issues at hand. What I am curious about is the quantitative easing we witnessed due to the 2008 Financial & Housing crisis and how that is being handled both in the economy and the governments around the world. The Fed intere…
No, actually, this extreme shortsightedness is the issue at hand.
As it so happens, I just created a brand new company. We have no idea what we're going to do, or how we're going to monetize it. But we're definitely going to use blockchain technology. If you are having any doubts, we are willing to provide a brand new coin linked to our company in lieu of stock to assuage any concerns you may have about securing your investment. Who's ready to throw money at us? /sarcasm
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.
Intelligent VCs that really understand and value the tech are going to make a killing and good, sound business plans become the norm rather than the exception for crypto companies then.
Sure, the engineer in me weeps that all the cool technical progress might slow down when investor money dries up after a burst bubble, but hopefully academic institutions will pick up the slack.
Saw the same countless times during Internet 1.0. In one case, a small uninspiring Florida bank said they were starting a website. Stock went from 8 to 92 in a day. It's called a bubble folks. Study history lest you get permanently burned when it explodes.
Yeah but after the bubble there’s always big players that emerge. Just have to outlast the wave
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Can you share some links please? I'm morbidly curious.
leave please
The most mind-boggling thing about the crypto market is the valuations for abandoned projects. There have been plenty of teams that have stopped putting out any updates shortly after the ICO, yet their tokens are still trading at decent multipliers over the buy-in price. I can understand the bubbliness of the coins that show promise, but the fact that the exit scams aren't being decimated in the market is really trou…
- AI- Check
- Small Float -Check
- Blockchain - Cherry on the cake
Here's some background of the promoter. Venkat Meenavalli is the CEO of the Longfin. Here's the brief background for you to understand.
- Promoted another listed company North Gate Technology in India, name changed to Green Fire Agri Commodities touched a price of Rs.1587 in 2007 and now it trades at Rs.0.59
- Promoter of Ziddu.com owned by Meridian (Singapore based company owned 95% by Venkat) was a file sharing website (see internet archives) and was paying people to host content. Most of it was just pirated content like megaupload and rapidshare
- Promoted Stampede Capital which is part of the transaction in LongFin in India listed at Rs. 33 currently trades at Rs.7.5 and Usha Meenavalli (promoter group) has been selling 100k+ of shares every month since January 2016, supposedly to fund the listing of the company in Singapore.
As a reminder, there are no financials of this company LONGFIN, no regulatory details on shares outstanding, and no direct evidence of a business model that makes any money. Currently under investigation for insider trading.
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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 actually kind of do hope there is. In a climate of sceptics only the strongest businesses survives. When there's a bear market, I look around at what companies are still doing good and snatch some shares. Intelligent VCs that really understand and value the tech are going to make a killing and good, sound business plans become the norm rather than the exception for crypto companies then. Sure, the engineer in me we…
I remember telling one of my relatives that I was looking into schooling for cryptography, and they had it confused for cartography.
Crypto might end up being colloquially short for cryptocurrency in mainstream circles.
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Block tech or chain tech might be a better phrase Or decentralized ledger / dledger tech.
Cryptographically enabled decentralized systems