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16875548 No.16875548 [Reply] [Original]

Question:

How does "fundamental analysis" of a coin work?

Most of the versions I've heard sound doubtful and speculative. How do I know that some method is an accurate assessment of "true value"?

>> No.16875585
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16875585

If there is a bitcoin that is the original Bitcoin and what Bitcoin truly is and it is backed by satoshi himself and that he has phd in law and many others and that he will sue the fuck out of the rest of this scammy fucking market, you buy.

>> No.16875627

>>16875548
Does it solve a problem?
If no, not worth it.
If yes: are you sure that ir requires a blockchain in the first place and a token in the second place?
What is the demand for the usecases? How much money can people save with the token's usecases? Ask questions that have their origin on the problem / solution dilemma while trying to be as inquisitive as possible

>> No.16875632

>>16875548
There's no way to know for sure. Look at bitcoin, the idea was to make a new form of digital currency without double spending and it ended up being other things as well. The value of smartcontracts don't have real values yet since there just isn't a large enough market yet, but you can look at related markets where real contracts are used and guess at what smartcontracts might be worth and what might be used to connect real world data with blockchain. Ethereum didn't skyrocket solely because of smartcontracts but because of the platform it provided and the ICO craze it helped instigate. The tech is maturing now but the market is still very young.

>> No.16875640

>>16875548
develop your own gut

>> No.16875695

instinct and a shitload of reading. hundreds or thousands of hours of reading.

>> No.16875716

>>16875548
It's like i know that wrestler from somewhere anon...

>> No.16875776

>>16875627
But even if it solves a problem, it needs to be non-reproducible, right?

I mean, if anybody can just copy the code, and make a new blockchain, the original coin is worthless. It needs to be protected IP, or somehow prevent copy coins.

>>16875632
>no way to know
That sounds like coin's don't have "true value". Which smells like Tulipmania.

>>16875695
Reading what? Software? Technical manuals? What exactly are you evaluating?

>>16875716
Your dreams, maybe.

>> No.16875939

>>16875548
First you have to identify the fundamentals. What do the books look like? Where are they spending their money? Where is the money coming in from? What plans do they have for the future? Is the plan sustainable? What properties do they own and how are they being utilized? Is there a plan for that? Is their business efficiently using resources or is there room to improve? What market are they in? Is that market saturated? How well positioned are they for capturing enough of that market to be worthwhile? There’s a million questions you can ask but in the end none of it applies to crypto because there are no fundamentals to analyze. Buying a coin isn’t investing in the businesses that make it any more than buying a box of Corn Flakes is an investment in General Mills.