Disclaimer:

Disclaimer: The blog posts and comments on this blog and posts on social networks are not investment recommendation, are provided solely for informational purposes, and do not constitute an offer or solicitation to buy or sell any securities. The opinions expressed on the blog are Petar Posledovich's. Petar Posledovich does not guarantee the accuracy of the information presented on this blog and social networks. The information presented is "as is". The blog is stocks analysis and valuation, Bitcoin, Cryptocurrencies, Artificial Intelligence, AI, deep-learning focused. Independent, unbiased AI insights. Petar Vladimirov Posledovich is not liable for any investment losses incurred by reading and interpreting blog posts on this blog and posts on social networks. Conflicts of interest: I may possess some of the securities, currencies or their derivatives mentioned in the blog post and posts on social networks! The blog is property of Wolfteam Ltd. www.wolfteamedge.com Respectfully yours, Petar Posledovich

Friday, August 4, 2023

Coinbase Valuation. After Second Quarter 2023 Earnings


Coinbase reported second quarter 2023 earnings.

The intrinsic valuation of Coinbase in the mid-term is 250 % or 2.5 times its current market capitalization according to Wolfteam Ltd.'s estimates and revenue and earnings projections for Coinbase.

Coinbase is grossly undervalued, if a risk event like the Securities and Exchange Commission outlawing all Bitcoin, cryptocurrencies trading does not unfold.

The probability for the above Black Swan event is not large, however, as evidenced by the fact that Bitcoin, Ethereum, Ripple, Dogecoin and cryptocurrencies as a whole exist and are still invested in.

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