Coinbase valued above $100B, ahead of direct listing
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Re: Coinbase valued above $100B, ahead of direct listing
#2What is the biggest crypto exchange? Binance?
Re: Coinbase valued above $100B, ahead of direct listing
#3ICE who owns the NYSE had a net income of $3Bn last year and is worth $68Bn - for context.
Re: Coinbase valued above $100B, ahead of direct listing
#4The same week SpaceX raises at $78B.
Doesn't quite add up, but what do I know.
Re: Coinbase valued above $100B, ahead of direct listing
#5Low interest rates and secular trends justify this I guess?
Re: Coinbase valued above $100B, ahead of direct listing
#6I will preface with I don’t have much domain knowledge in crypto. Is there a good faith expectation that this can even go higher?
Re: Coinbase valued above $100B, ahead of direct listing
#7I will preface with I don’t have much domain knowledge in crypto. Is there a good faith expectation that this can even go higher?
Good faith is the most overused phrase here.
Re: Coinbase valued above $100B, ahead of direct listing
#8No matter if you think we're in a bubble or if this valuation supports your view that we are in a bubble, at the end of the day we are all losers who have decided to spend our precious time on a Friday night glued to HN.
Re: Coinbase valued above $100B, ahead of direct listing
#9[deleted]
Re: Coinbase valued above $100B, ahead of direct listing
#10I will preface with I don’t have much domain knowledge in crypto. Is there a good faith expectation that this can even go higher?
Yes, because there's enough people like you who would blindly throw money at it just because of FOMO then back-rationalize the decision using whatever HN tells you. Stonks only go up.