bitxbit

35 ms·

1. 331.▲
   by bitxbit 9y ago

   I think people are forgetting how much easier it is to scale and build a network these days. The moat is the network for facebook but it can be replaced in a relatively short period of time if the right competition enters the market. Facebo
2. 332.▲
   by bitxbit 9y ago

   Increase in passive/beta investing is not necessarily good for the economy. We are going through an extraordinary period for levered beta.
3. 333.▲
   by bitxbit 9y ago

   fx market is not regulated like that actually. frontrunning is not necessarily illegal.
4. 334.▲
   by bitxbit 9y ago

   Just think about crypto-backed real-world assets and compare that against "market capitalization" (which is ridiculous to even call it that in my view). This is why ICOs are nothing more than buying into pump-and-dump stocks or at
5. 335.▲
   by bitxbit 9y ago

   Has a lot to do with trader preference. Stable exchange platform, 1256 contract tax treatment, the list goes on and on. A large scale arbitrage may not be feasible. In addition, market makers on the futures market are likely working off of
6. 336.▲
   by bitxbit 9y ago

   Yep. It would be an interesting exercise. IMO bitcoin valuation is more or less btc-based assets minus discounted cost of btc network. Me thinks it’s negative right now.
7. 337.▲
   by bitxbit 9y ago

   What’s a good “paid-in capital” estimate of bitcoin?