/biz/ - Business & Finance

>>16058118
>A company's stock goes up when it is more valuable or it's future value is perceived to be increased
AHAHHAHAHAHAHAHAHHAHAHAAHHAHA

how fucking new are you. the last decade alone in the stock market has been fueled solely by QE and buybacks. fundamental value does not exist in the stock market anymore.

>>16058118
>what exactly do you own when you buy it
I own a coin, which has a value based on its utility and market demand. How do you not understand this basic shit?

>>16058118
SEETHING BAHAHAHAHAHAHAHAHAHAHAHAHA

Go jerk off to some loli porn, you might cope better.

>>16058118
it depends on the value proposition and the tokenomics. The general idea is that if the coin becomes adopted, then the demand of the coin would increase and supply remains constant or relatively unchanging, the coin goes up in price.

https://www.youtube.com/watch?v=kBS7r8ExjF4 this is a good video discussing the value proposition presented by Ethereum 2.0. Essentially, ether is potentially the best form of money in the current crypto ecosystem because it will be a capital generating asset like real estate, a store of value asset like gold, and a consumable asset like oil.

Chainlink token value would be decimated in such event; however, the project would continue to operate. Node operators would increase the cost to use their service proportionate to the increase in the supply. The only people left holding the bag would be holders before the supply increase. This is no different than stock issuance

>>16058152
Well, if I buy enough common stock of a company I can basically appoint whoever I want, to the board including myself. Then hire the CEO. Aside from that, when the company makes money I can have a share of the dividend. What value does a crypto create that I am able to take a part of as an owner?
>>16058177
>demand, utility
I understand it has a price based on market demand, that's very simple. But if you're telling me these coins are supposed to have utility, and the core value (and demand) is based on that, the price should be 0, if it's supposed to have a use-case that's not a store of highly volatile value, trading and speculation on said value - which is very circular.

>>16058206
This is the answer I am looking for and I agree with you. Should one of these coins actually perform its function on a large scale I can see the value off ownership and utility. However I don't see any functional largely adopted coins anywhere.
No one is using the currency coins as currency. No one is using the utility coins based on their utility. There's just a fuckton of speculation.

>>16058118
A partnership would increase demand for the coin and hence cause the price to increase.

>>16058404
>No one is using the currency coins as currency.


Provably false. You can go on JM Bullion right now ans buy gold bars with a bitcoin. It's being adopted quickly, but it doesn't mean that it will stay adopted. Really the only thing we have to ask ourselves is what makes BTC better than cash. The only real answer right now volatility.

>>16058152
fpbp

Bitcoin has more fundamental value than 99.999% of companies in your precious stonk market

>>16058118
if its PNK you own a part of the last bastion of western civilization