799 sats \ 0 replies \ @andyleroy 22 Dec 2022
"Apple’s P/E is 23 and growing. Microsoft’s P/E is 24 and growing. Google’s P/E is 16 and growing.
Ethereum’s “P/E” is 195, and its revenues are shrinking, with protocol revenues near multi-year lows.
The crypto market is still giving ETH simultaneous credit as a monetary asset (relative value to bitcoin), a computing platform (cloud startup multiples), and a yield generator (financial stock thanks to staking). If any of those three narratives cool, it will face headwinds. (Long Bitcoin dominance?)"
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25 sats \ 5 replies \ @arcanox 22 Dec 2022
Messari is a shitcoin company. They thrive on issuing financial reports about every shitcoin under the sun. They are also frequently wrong because trading and TA is basically just astrology with candlesticks. Just last year said they were incredibly bullish on DAOs. This was said just after the whole defi 2.0 fiasco nobody remembers anymore because shitcoiners have the memory of goldfish, and is even sillier now considering basically all DAOs turned out to be scams, rug pulls or outright dysfunctional. Do not subscribe to Messari, do not support shitcoin casinos or their financiers.
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0 sats \ 2 replies \ @om 23 Dec 2022
defi 2.0 fiasco?
all DAOs turned out to be scams?
Maybe I have the memory of a goldfish but I can't figure out what you're referring to.
Also there's no TA in the report at all.
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0 sats \ 1 reply \ @arcanox 23 Dec 2022
I would refer you to refresh your memory then, good sir or madam. In the spirit of cooperation to jog your memory, I will simply mention the words Olympus DAO, Tomb finance and whatever the hell that Quadriga scammer project was involved with on Avalanche. I feel filthy even acknowledging my shitcoin knowledge, but it is what it is.
Messari does TA. They are a financial firm which specializes in shitcoin trading, and they were also very very wrong in their last report. They are cancer for bitcoin, not the cure.
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0 sats \ 0 replies \ @om 25 Dec 2022
Oh, ok. 2-3 DAOs out of 800+ is really nothing. The Messari report actually contains more condemning information on DAOs in general such as bribes (to vote in a particular way).
I don't care if Messari does TA, I don't read the rest of Messari, I only read Selkis.
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0 sats \ 0 replies \ @muteness11 23 Dec 2022
love the "astrology with candlesticks" bit
:)
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0 sats \ 0 replies \ @rheedi0 23 Dec 2022
"Astrology with Candlesticks"
Great name for a new substack
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0 sats \ 0 replies \ @cryptocoin 4 Jan 2023
Here's a post with a nice summary of the bitcoin-specific bits:
Key Bitcoin Insights from Messari Crypto Theses 2023
#117107
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0 sats \ 0 replies \ @demitasse 23 Dec 2022
i am not a fan of messari's frankenstein gangster computer god communist control system shitcoin analysis
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0 sats \ 0 replies \ @muteness11 23 Dec 2022
u guys give so much attention to such companies ...
The so called crypto media cos (Coindesk, cointelegraph, messari etc...) are all supported by crypto VCs ... their content is intended to support certain tokens.
I treat their content at best as entertaining ... thats it
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0 sats \ 0 replies \ @cryptocoin 22 Dec 2022
Here's the Tweet by Messari's Ryan Selkis that kicked off the Twitter thread where he shared the theses:
https://twitter.com/twobitidiot/status/1605941285210054656 [Nitter]
And another Tweet that kicks off the Twitter thread where he provides highlights of the theses (there's 21 Tweets, not 95 ... Ryan's a funny guy):
https://twitter.com/twobitidiot/status/1605976573060022274 [Nitter]
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