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It's not. But it doesn't have to be sustainable to justify the current valuation. Indeed if it were sustainable, Coinbase would be worth many many times what it
by solveit 6y ago
It's not. But it doesn't have to be sustainable to justify the current valuation. Indeed if it were sustainable, Coinbase would be worth many many times what it is now.
- FabHK 6y agoWhat P/E ratio do you calculate with? IIRC, a normal valuation (not predicated on growth) would value it at a quarter of what it is now.