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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: maceng2 who wrote (172001)	5/19/2021 8:26:55 PM
From: sense	1 Recommendation Recommended By maceng2 Read Replies (1) \| Respond to of 218227

I remain skeptical on many "items of faith" re crypto... as I was on dot.coms during the dot.com bubble... Not skeptical of crypto having value, in the future... as I was not of "some" dot.coms having future potential... but, in 2000-2001 just needing a strong wind to blow the chaff away... For me, for now... that means limiting my interest to dabbling in corners of the crypto space that no one else likes... as "not crypto enough" for crypto fans... and "way too crypto" for non-crypto investors... I remember buying Qualcomm... back when the only income they had was from producing connectors... a hugely boring business... that paid the bills while they worked on "the rest". My first pass at Qualcomm was a "pass"... because I saw little future in the business of making connectors... but, the second pass was less focused on the drivers of the current balance sheet... more on the future plans. So, perhaps, a useful positive feedback loop could exist... in which involvement in the space does dual duty... both generating income, now, with future potential enabling greater access to capital which is not otherwise easily available... ? It is, in part, a reversal of Qualcomm's approach... where the future business supports the current one... versus the current one supporting the future. What else should you expect... when the current portion of the future business... is making money... literally ? Obviously, that situation is true of the larger lower percentage participants... as Square, or PayPal, or Overstock... don't depend on crypto to survive... but grow it as an appendage, like an extra limb they might need in future ? But, smaller players... establishing dominant positions in "niches" that others are ignoring ? SINO... is a shipping company... that is now also a leader in NFT's ? The stock soared on the news when NFT's were "the hot new thing"... which it now seems they aren't any more... three months on. SINO "provides shipping and freight logistics integrated solutions in the United States, China, and Hong Kong. Its services include shipping agency services and management services, such as loading/discharging and protective agency services; inland transportation management, and container trucking services..." Could be that its just a whisp of a shell company... doing what they do in the pinks... Or, maybe... if the NFT thing pans out... the background in logistics is just the thing others are missing to make that really work ? When will you know ? Wait for it... means no risk... just waiting and watching... where others aren't ? Or, newly minted (and newly almost profitable ?) bitcoin miner... INVU... that also does trading software... and some other stuff. The bitcoin thing for miners... won't last forever... but, right now... it means being not dependent on external sources of capital to grow a new business... or new businesses... in a situation where that bitcoin mining experience is woven into the fabric... in "related" businesses ? I'll probably poke at it a bit more... to see what I think of the other businesses... and to see how a bit of income might make them more viable... A similar story I have been following in that in the SYSX / INPX linkages... where the future plans are newly fueled by Etherium mining... but where the focus is not on that mining effort as an end point... rather than on using that flow of value that exists from mining to fund the development of other, but RELATED business opportunities. The nature of their other businesses... and that they've linked them together as they have to make product portfolios with acquisitions... suggests "they get it"... well enough to be survivors. I'd bet on those guys... who are "Actually doing things" related to their crypto understanding... long before I'd bet on a purely public market focused financial ploy... like MicroStrategy... (the irony in naming of) which I assume will not survive the current downturn in bitcoin... which may in fact be the reason for the decline... as it placed an obvious lure with how its finances were structured... thus enabling its own takedown. Wouldn't bet the farm on any of them... or take more than a starter position as sufficient to keep focused on the news flow from them over time... if holding a few shares will help sustain that focus. Still not sure how and why banks are able to print free money out of thin air... and still manage to "under-perform" or even lose money over time, more often than not... but, it seems reasonable to me that the commoditization of financial services in an environment enabling disintermediation... obviating that role of intermediaries being a huge benefit to all commerce... means the best bets in crypto space might not be in linear applications enabling a new class of intermediaries... as crypto exists to eliminate them as harmful parasites... Also, noting those in niches that appear unlikely to induce banks to try to kill them... seems it may be useful.