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It may break records of the quickest IPO devaluation so far. What are some competitors from IPO to (near) bankruptcy in n months? preemptive edit: cool(aid) d
by singularity2001 6y ago
It may break records of the quickest IPO devaluation so far.
What are some competitors from IPO to (near) bankruptcy in n months?
preemptive edit: cool(aid) down, it MAY be a scenario
- rawtxapp 6y agoAre you implying they'll go bankrupt? Did you look at their financials at all? They blow any other "unicorn" out of the water on their IPO day (well technically direct listing).
- thehappypm 6y agoThe US government can very well ban, or start heavily taxing, or auditing, crypto. That's a huge risk.
- singularity2001 6y agoYes, when the tether house of card collapses, it might take down much of the infrastructure, including Coinbase. In any case, when the (current) crypto bubble burst, Coinbase valuation will take a deep dive.