You are viewing a single comment's thread from:

RE: Bitcoin Tripple-Bottom?

in #bitcoin6 years ago

I think standard metrics seem to fail us a lot when it comes to cryptocurrency. It is almost like it has its own rules. Regulations and fear drive us more than numbers and stock related data equivalence. I can only hope we have this solid foundation that the numbers keep telling us.

We are also far more complex than the just normal stock market. Standard ways to look at a company and try to determine its value needs its own set of rules and thinking regarding our markets. We do need some of the utter junk to not survive this market drop we are having. So the rest of us can shine when the markets are ready for prime time.

Sort:  

All metrics fail me around here... sometimes I feel like I'm throwing rubber darts at balloons, every time I think I have a good throw - It bounces off and hits me in the head!

My last buy into Steem still has me disgruntled. In fact, every time I buy steem its bad timing.

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.033
BTC 89688.42
ETH 3103.55
USDT 1.00
SBD 2.80