I sincerely apologize for this lack of performance. This is a personal embarrassment for me — having come here day in and day out talking shit about ‘moving in 100% increments’, yet here I am before you, hat in hand, reported only a modest gain of 19% in GSUM in a little bit over a fortnight — aka ‘a loss.’
You’d think for that holding period I would’ve make 3,000%. But no, it wasn’t meant to be and now I move on, indelibly, and with a heavy heart, in search of retribution.
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KODK is insane.. playing crypto through blockchain stuff vs actual coins.. long PRELF, BLKCF & MGTI.
Does it make sense that only the shitties companies in the world are adopting the Blocked Chain and the best companies in the world are not?
Discuss…
Yes, because it’s a scam.
What’s not to understand here?
This isn’t true. The biggest companies are all in the space and some have been for years. Problem is it just provides an incremental benefit. If a large supply chain like Walmart shaves 2% off their cost, is that an investable block chain play? Could be worth billions, but it won’t really move the needle. The large cap companies that benefit the most will at best trade at a slightly higher multiple.
It’s like the internet…you don’t invest in the actual internet. There are some major winners that take over the platform (facebook, google, amazon) and for the rest it is just a slight incremental boost in profitability.
“The biggest companies are all in the space and some have been for years.” – show me proof or that’s bull.
Have you even read Kodak’s new business model? It’s like something a high school freshman would come up with. Zero merit.
I would suggest going to Google and entering a company name followed by “blockchain”
https://www-03.ibm.com/press/us/en/pressrelease/51712.wss
https://www.reuters.com/article/us-jpmorgan-blockchain/jpmorgan-launches-payments-network-using-blockchain-technology-idUSKBN1CL1P6
https://www.cnbc.com/2017/10/18/google-goldman-sachs-investors-blockchain.html
https://www.reuters.com/article/us-rbc-blockchain/exclusive-royal-bank-of-canada-using-blockchain-for-u-s-canada-payments-executive-idUSKCN1C237N
https://aws.amazon.com/partners/blockchain/
http://www.citigroup.com/citi/news/2017/170522a.htm
https://www.bloomberg.com/news/articles/2017-05-22/toyota-merck-join-ethereum-group-to-build-blockchain-network
http://fortune.com/2017/08/22/walmart-blockchain-ibm-food-nestle-unilever-tyson-dole/
https://www.ft.com/content/100622d0-a680-11e7-93c5-648314d2c72c
https://www.coindesk.com/att-awarded-patent-bitcoin-powered-subscriber-server/
It is a solution in search of a problem. Why is it better than the status quo? CIOs have a duty to explore the technology, does not mean anything.
I said originally that it’s just an incremental improvement that’ll shave a couple % off costs. Doesn’t mean it isn’t happening on a large scale.
Why did you want proof if you were just going to dismiss everything that is currently happening?
Last point… MIT Releases a list of 10 breakthrough technologies every year. No mention of blocked chain on their lists… ever.
Are you going to listen to MIT or some greedy penny stock trader?
I’m sure MIT is right and IBM, JP Morgan, Google, Amazon, Walmart, Citi, RBC, Nasdaq, Goldman Sachs, Toyota, Merck, Nestle, Unilever, Tyson, Dole, BP, AT&T are wrong.
They’re all just a bunch of penny stock scammers.
Biggie, blockchain is a disruptive technology that’s here to stay, no doubt in my mind.. at least from everything that I’ve read so far. We’re in the early stages. https://www.zacks.com/stock/news/284146/blockchain-disruptive-technology-is-here-to-stay
That doesn’t answer the question, Ruskie.
that doesn’t have practically nothing to do with the creation of money from nowhere , and backed by nothing other then the person DXS waking up with the idea of a DXScoin ico .
The “disruptive” technology is nothing more then all the transfer are replicated in a decentralized way all across the board . nothing disruptive . happens , similarly , on a lot of system/platforms , but its never been advertised as creation of money from nowhere
Having difficult getting a crypto account funded with a decent amount of money to trade. Is this normal?
Perhaps the proxy plays are the way to go.
Biggie, lots of into out there, research as much as you can.
https://www.forbes.com/sites/quora/2017/12/20/why-arent-companies-like-facebook-amazon-and-google-doing-more-with-blockchain-technology/#116d655a3d91