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To: Lou Weed who wrote (6887)3/30/2023 10:42:14 AM
From: Sun Tzu2 Recommendations

Recommended By
Lou Weed
sixty2nds

  Respond to of 10704
 
Not necessarily. I'm very wary of the long term prospects of the current crop of cryptos. They are certainly onto something real. Just as the early internet companies were. But the dominant players of an emerging technology are almost never the starting leading players. I remember when NSCP, YHOO, or even SUNW and CSCO were demigods. They all gave way to other players. Importantly, the dominant players in 2010s internet were using different business models that could not have existed back in 1990s.

Cryptos are in their 1990s stage of the internet stocks.



To: Lou Weed who wrote (6887)3/30/2023 1:01:15 PM
From: sixty2nds1 Recommendation

Recommended By
Lou Weed

  Read Replies (1) | Respond to of 10704
 
AND

I thought I was out on a limb this morning when I put on a Starter Position in QRTEP at $30.31.

No

I do not think The Bottom is in.

BUT

I do NOT think QRTEA is going BK in the next 3 1/2 years.

I am NOT knocking your positions.
I do NOT think Blockchain will go away.

The Metaverse might.
DIS disbanded its Metaverse unit yesterday.
Furloughed the staff of 50.

Cheers,
60