SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: w0z who wrote (12510)12/15/2021 11:19:41 AM
From: robert b furman  Respond to of 26630
 
Hi w0z,

That's big money at play.

Bob



To: w0z who wrote (12510)12/15/2021 1:30:43 PM
From: Kirk ©  Read Replies (2) | Respond to of 26630
 
I don't pay brokers today for transactions as they are free at Fidelity and Schwab and I believe neither sells order flow. They offer it to get and keep my assets and I reward Fido with significant funds in a few of their managed mutual funds.

My guess is you are correct that this will be huge and companies like IBM might use it as a way to regain significance. What I don't see is what drives sky high valuations for one coin type when you can use the technology to make others, much like Beanie Babies.....



To: w0z who wrote (12510)12/15/2021 1:35:58 PM
From: Kirk ©  Respond to of 26630
 
I heard today that Elon Musk will take Dogecoin for small items (but not cars?) and likes it better than the others for transactions. Seems he's trolling for larger purchases.... while making sure he isn't caught holding "the bag" of worthless coins.

Dogecoin: I have to think the creator of DOG (bow wow) e-Coin is laughing so hard at how chumps gave it a "fancy sounding name" (Dough+ hard G + coin or Dog+E+Coin) to drive his "joke coin" to the stratosphere. This is the funniest thing since I learned a "Barn" is a unit of area used by nuclear physicists.

I predict they will all see a similar fate that Amazon, Lucent, Enron, Worldconjob and WebVan saw after peaking in 2000 and one or two of the many will emerge the leader but it will be a bumpy ride. I can afford to take a different mode of transportation and enjoy watching the show... perhaps sifting through the rubble I think we'll see.