RE: It's Coinbase Day!
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Personally, I'm thinking its highly likely it will perform like one of the crypto ICOs; pump out of the gates and then plummet as all the weak hands take profits. I'm not touching it. I mean, if you're looking for 20%, 30%, 50% returns, I'd rather buy Hive at $.58 or Leo at $.80. With the news and development coming on both over the next couple months I would think it's likely you could make at least 50% on either or both. Probably more. Just me though. I get diversifying. I just don't necessarily trust their valuations. Seems like it could go either way in the short-term. I'll stick with my "sure-things". :-) That said, if bitcoin and ethereum continue to pump, who knows? I guess that's the risk/reward factor.
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I don't disagree with you, but I also feel this one is kind of different. I think it will have ups and downs, but like I said, there is just something else that makes it feel differently. I also think that this is going to have a good impact on cryptos as a whole, so there is that too.
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Here we are. Exaaaaaactly as predicted. lol Probably jump tomorrow with a night to think about it. Then settle in somewhere for a while. Just my guess. Once they get closer to another earnings announcement, that's when you might see another sustained pump.
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I honestly haven't even been paying attention since this morning 😃
Pump and dump. Just like a crypto. $86 billion valuation. Nuts.
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Haha.
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