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GreenvilleVT

Joined: 08/31/2007 Posts: 11342
Likes: 12088

What's this?

No I am curious about this.


A share of stock is a piece of ownership in a company. They have hard assets, IT, cash on hand, etc in a fire sale. Lots of forms of value even when the markets tank. That’s why folks jump in and buy when the house is on fire and others are running away.

I am curious to know what folks think crypto’s intrinsic value is. I am always open to investing in things that trade below their intrinsic value. I just can’t seem to find anyone who can tell me what the intrinsic value of crypto is or how I can calculate it.

Crypto isn’t really a currency so you can’t value it as one. It’s more volatile than any developed country currency in the world. It’s a concentrated market with the largest holders creating massive swings. It’s most frequent use is in crime and money laundering. I can’t buy a cup of coffee with it. I certainly wouldn’t allow my employer to pay me with it. Nor would I borrow against it or even want any of my bills to be based on it.

It’s heralded as a traceable currently, yet every time it disappears or is stolen it isn’t recovered.

The technology behind it is great. And that has and will be incorporated into the financial markets for years. Lots of patents already in place.

I just don’t know what the intrinsic value of crypto is or how to even calculate it.

(In response to this post by JoesterVT)

Posted: 04/25/2021 at 5:28PM


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Current Thread:
 
  Anyone on here trading crypto? -- Technocrat 04/25/2021 4:06PM
  It's all FOMO for me. I have some BTC, ETH and EOS. -- 1400E 04/25/2021 5:58PM
  So I have three accounts -- MrBayAreaHokie 04/25/2021 5:54PM
  What is the intrinsic value of crypto? ** -- GreenvilleVT 04/25/2021 4:47PM
  Secure transactions ** -- Technocrat 04/25/2021 6:13PM
  Really? Secure? $1.9 billion worth of -- GreenvilleVT 04/25/2021 6:27PM
  User error ** -- Technocrat 04/25/2021 6:31PM
  User error? Most of the stolen crypto is believed -- GreenvilleVT 04/26/2021 07:42AM
  Same as stock, bonds, etc... -- JoesterVT 04/25/2021 4:55PM
  No I am curious about this. -- GreenvilleVT 04/25/2021 5:28PM
  It's a hedge against your dollars becoming worthless -- MrBayAreaHokie 04/25/2021 5:52PM
  So if dollars become worthless then crypto will -- GreenvilleVT 04/25/2021 6:28PM
  Do you work in banking? -- MrBayAreaHokie 04/25/2021 6:35PM
  I’ve been in banking and capital markets for almost 30 years. -- GreenvilleVT 04/26/2021 07:44AM
  Bankers hate crypto because it removes the middle man ** -- Technocrat 04/25/2021 7:05PM
  Re: Bankers hate crypto because it removes the middle man -- Technocrat 04/28/2021 10:56AM
  Exactly.... -- MrBayAreaHokie 04/25/2021 7:16PM
  Thats my bank as well... ** -- Technocrat 04/25/2021 7:34PM
  You grossly understate the importance of the dollar, its -- 133743Hokie 04/25/2021 7:00PM
  They're not mutually exclusive propositions -- MrBayAreaHokie 04/25/2021 7:02PM
  Look at the daily fluctuations in Bitcoin value! Inflation is real. -- 133743Hokie 04/26/2021 07:38AM
  Why can’t crypto be diluted? ** -- VT Pops 04/25/2021 7:43PM
  BTC limited output to 21 million coins -- MrBayAreaHokie 04/25/2021 8:33PM
  For it to be a legitimate currency for broad usage, -- VT Pops 04/25/2021 10:02PM
  LTC capped at 84M ** -- Technocrat 04/25/2021 8:51PM
  Here's the big "oooooops" -- Coach McGuirk 04/25/2021 6:10PM
  Lol ** -- Technocrat 04/25/2021 6:15PM
  Because the yoo-ess dollar paper money has intrinsic value? -- JoesterVT 04/25/2021 5:39PM
  Seems like that is because the folks who created crypto -- GreenvilleVT 04/25/2021 6:30PM
  Nah. Don’t really understand it enough to invest in it. -- VT Pops 04/25/2021 4:45PM
  Not trading, just accumulating ** -- MrBayAreaHokie 04/25/2021 4:30PM
  I meant that as buying ** -- Technocrat 04/25/2021 6:17PM
  Me too. Buying and holding. Just bought more on this dip. -- Coach McGuirk 04/25/2021 4:52PM

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