Just a reminder that this company generated EBITDA of $1.1 billion last quarter.
Anyone want to guess what they close at the end of the day, week, month? I'm not sure what the stock price will be so let's guess in percentage terms. Here's my guess for day/week/month closes vs offer price: +20%, +30%, +45%.
I'm not sure why I didn't find this before, but the main Ethereum website is very well written for a newbie. I plan to spend the afternoon reading up on some basic topics.
Over breakfast, I listened to the last MoFi podcast which interviews the creators of Cyberpunk. Very interesting to learn that when Matt Hall and John Watkinson first launched the project, it hardly had any traction. It was first announced to the public via a blog and reddit post to /r/ethereum. At the time, the only way to claim the free Cyberpunk NFT was to own a really complex Ethereum piece of software and use a janky online wallet (MetaMask didn't exist at the time); not surprisingly, there weren't many takers. However, over time as software became more accessible and people started buying the Cyberpunks (first for $1 each, then $10, then $100, etc.) the value of the collectibles started becoming apparent. To date, some Cyberpunks have sold for over a million dollars each!
My takeaway from all this, is that sometimes there is very little downside risk in adopting new things but very high outcomes. It's fun to learn new things but genuine interest should lead first, not lust for money.
To learn more about Cyberpunk:
After "winning" a prize from the CoinGecko raffle yesterday, I signed up with Gala Games to redeem my NFT puzzle piece (1 of 9). Not really sure what type of game it is, but figured I could learn how NFTs are integrated into entertainment.
I opened an account with Coinbase in 2014 as part of a promotion to offer $5 in bitcoin to new users. I cashed it out as soon as the bitcoin hit my account. Had I held onto it, the bitcoin would be worth over $1,000 today.
Because I used an old email address, which I don't have access to any longer, I can't log into my account. I emailed Coinbase and got a "We received your email but are currently busy with an influx of new support requests. We will get back to you in the next few days." That was a few months ago and I haven't received a response yet.
For that reason, I decided to create an account with Gemini. With 2FA and lots of security, I feel safer using Gemini than Coinbase. How has your experience with Coinbase been?