Off Topic Does anybody understand bitcoin?

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DMD said:
Which is rather the point than misleading.
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Coca-Cola as a business is worth $265b, an estimated $97b of that is for the brand name alone, so it's clearly a major asset for the company. But doesn't register as a tangible asset in the numbers you posted, making the numbers not reflect the actual value of the business.

My business largely trades from a licensing agreement, rather than a brand I own. So in my case, your tangible asset only valuation would work, but on the majority of major companies it wouldn't accurately reflect the value of a company or its share price.
 
All depends what you mean by 'stocks and shares' when you are discussing / comparing to crypto. Meaning for example individual stocks and specific groups of stocks, or 'stocks & shares' in general? Absolutely massive difference.
Following the whole market, or even for example the whole US or Developed World market by indexing with a long term perspective is likely to be far, far removed from 'gambling' (albeit nothing in life is certain except death & taxes, so someone once said).
 
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originallambrettaman said:
Coca-Cola as a business is worth $265b, an estimated $97b of that is for the brand name alone, so it's clearly a major asset for the company. But doesn't register as a tangible asset in the numbers you posted, making the numbers not reflect the actual value of the business.

My business largely trades from a licensing agreement, rather than a brand I own. So in my case, your tangible asset only valuation would work, but on the majority of major companies it wouldn't accurately reflect the value of a company or its share price.
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originallambrettaman said:
Share prices are based on the performance and profitability of a company, Crypto isn't really based on anything tangible at all.
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As I mentioned. :emoticon-0105-wink:
 
originallambrettaman said:
Coca-Cola as a business is worth $265b, an estimated $97b of that is for the brand name alone, so it's clearly a major asset for the company. But doesn't register as a tangible asset in the numbers you posted, making the numbers not reflect the actual value of the business.

My business largely trades from a licensing agreement, rather than a brand I own. So in my case, your tangible asset only valuation would work, but on the majority of major companies it wouldn't accurately reflect the value of a company or its share price.
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At £97 billion I'd say that it is a bargain brand recognition .
 
Bitcoin/crypto has been quite boring lately.

It has ranged from $28.5k to $31.8k since mid June.

But it's a good time to buy. We're only about 8 months off the halvening.
 
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Here is the experimental portfolio I set up. Currently 25% down because both alt coins have taken a battering. I still expect to be 8-10 up by August 2025.

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TheCasual said:
Here is the experimental portfolio I set up. Currently 25% down because both alt coins have taken a battering. I still expect to be 8-10 up by August 2025.

You must log in or register to see images
Click to expand...


Not a criticism, just an observation, Casual, but your reward/risk seems out of line. You've risked 25% of your initial investment to hopefully make 10%, right?

You could have put your initial investment in a 5% interest savings account for the two year investment horizon and had zero risk or loss and most importantly, stress.

Losing 25% of an investment is huge - if you bought a house for £300k and it lost 75k of it's value, you'd be angry, but have a home still. It would seem if you're trading a liquid volatile market such as the cryptocurrencies you list, you'd have a tighter stop, say around 5%, and then at least have the opportunity to get back in if it falls further, as it has...

Perhaps you see different and that's what makes a market.
 
Heimdallr said:
Not a criticism, just an observation, Casual, but your reward/risk seems out of line. You've risked 25% of your initial investment to hopefully make 10%, right?

You could have put your initial investment in a 5% interest savings account for the two year investment horizon and had zero risk or loss and most importantly, stress.

Losing 25% of an investment is huge - if you bought a house for £300k and it lost 75k of it's value, you'd be angry, but have a home still. It would seem if you're trading a liquid volatile market such as the cryptocurrencies you list, you'd have a tighter stop, say around 5%, and then at least have the opportunity to get back in if it falls further, as it has...

Perhaps you see different and that's what makes a market.
Click to expand...

I expect Bitcoin to do 500%, Ethereum about 700%. The alts coins I expect to between 1000% and 2000%.
 
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