tstyle
Joined 16 years ago
Joined 16 years ago
Media: "Scientist was wrong because the world is not a vacuum"
Any plans to include the top decentralized exchanges? (https://etherscan.io/stat/dextracker)
With all the stigma associated with ICOs, lower barrier to liquidity may be a good thing overall. The power law phenomenon incentivize entrepreneurs to take excessive risks and force VCs to adopt extreme portfolio management strategies.
I'm curious to see how they managed to phrase the promise, but it seem to have been removed from the page.
There's also an anchor effect from loss aversion. If I bought a crypto-cat for 1 Ether, and then Ether price increase by 300%, I might refuse to sell the crypto-cat for less than 1 Ether, even though there's no intrinsic reason for my cat to appreciate at the same rate as the base currency.
These guys took millions from users in the form of deposits.
Is that true? I thought even in the real world, market cap simply meant price_per_share * num_shares_in_circulation.
Financially, having the option to do X has a certain value, even if on average X isn't valuable. (If X has volatility)
Startups has a certain risk characteristic that is different that what you can find on the public equity market. Theoretically, an efficient market should dish out higher reward to compensate for higher risk and poor liquidity of investing in startups. It may be beneficial to individuals to use startups to diversify their overall portfolio.
Startups in general might not be a great investment. The subset of all YC startups might be.
Researching and investing in startups is fun and educational.