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Coinbase listing on NASDAQ today


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2 minutes ago, Bob4u said:

you think you'll get the IPO price?

 

 

Fat chance......only the big boys get the chance to buy in at the IPO level..........ßhitkickers will have to take their chance once the shares are available.......and by then it is too late to make a killing....in the short term at least.

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thanks for the information.

i am also thinking on buying this stock.

i was wondering when is the IPO and here you told me.

from my experience, price  will go up in next few days or weeks, as many

institutions trying to grab as much shares as they can.

later price might fluctuate.

so yes, i think it is a good idea to buy coin base now, short term.

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26 minutes ago, GrahamJ said:

Coinbase isn't an IPO it's a direct listing which is a new way to list companies

 

See the link below and have a read it will explain how a direct listing works.

 

https://www.coindesk.com/coinbase-ipo-not-ipo-direct-listing

 

 

interesting to check the movements of PLTR that went public this way in october last year.

on the first days it did not move much, than shot up 350% within a month.

now it is down from top but still 120% higher than initial price.

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3 hours ago, GrahamJ said:

Coinbase isn't an IPO it's a direct listing which is a new way to list companies

 

See the link below and have a read it will explain how a direct listing works.

 

https://www.coindesk.com/coinbase-ipo-not-ipo-direct-listing

 

 

 

It's the new subprime crisis in the make

 

https://www.fool.com/investing/2021/02/18/spac-investors-are-ignoring-this-hidden-danger-and/

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38 minutes ago, Susco said:

Coinbase is really worth $5 billion, not $100 billion: strategist

that's pretty obvious to anyone with IQ > 70 that a mere cryptocurrency exchanger could not cost same as whole AMD.

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5 minutes ago, fdsa said:

that's pretty obvious to anyone with IQ > 70 that a mere cryptocurrency exchanger could not cost same as whole AMD.

You mean all those investors who buy into it, at a reference value of $68 billion, have an IQ<70 ?

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For anyone from a person who is a serious investor in crypto to someone in the initial stages and of course can tolerate risk, investing in Coinbase should be considered. 10k USD may in a year be 100k USD, somewhere in between (or less), but probably unlikely to have the same intra-day volatility and volatility as most crypto. Returns may not be as high as some crypto, but nevertheless better than keeping money in the bank. 

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10 hours ago, Susco said:

You mean all those investors who buy into it, at a reference value of $68 billion, have an IQ<70 ?

either they are dumb, or they do not care (investing with their customers' money, not their own money), or they understand that the price is overinflated and chose to play casino on this pump&dump scheme.

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3 hours ago, rimmae2 said:

10k USD may in a year be 100k USD,

NASDAQ: virtual company (stock exchange), profits from exchange fees, revenue 5 bln, net worth 23 bln;

Coinbase: virtual company (currency exchange), profits from exchange fees, revenue 1 bln, net worth [estimated] 3 times larger than NASDAQ;

AMD: real production company, profits from selling their products, revenue 3 bln, net worth just a little bit higher than Coinbase [estimation].

 

well ????

 

To make 100k usd from 10k in Coinbase shares the Coinbase market capitalization must become 10x higher (680 bln). Let's compare with other companies:

Facebook ~700 bln

Alibaba ~700 bln

Tesla ~600 bln

Visa ~450 bln

Johnson & Johnson ~400 bln

 

I'd stop elaborating because moderators have already banned me for a week for calling stupid people stupid.

Edited by fdsa
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