Coinbase valued above $100B, ahead of direct listing

Re:Coinbase valued above $100B, ahead of direct listing by lottin on Saturday February 20, 2021 @02:06PM (#26206837)

Bitcoin has no earnings so I don't know how that could possibly work in the case of the bitcoin bubble.

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Re:Coinbase valued above $100B, ahead of direct listing by frankbreetz on Saturday February 20, 2021 @06:58PM (#26209340)

I think growth in value could be substituted for earnings in the case of something like Bitcoin or a stock without dividends

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Re:Coinbase valued above $100B, ahead of direct listing by lottin on Sunday February 21, 2021 @03:50AM (#26211952)

I don't think so, because we're using earnings precisely to assess if the observed increase in value is justified. Stocks without dividends are not a problem, because businesses always have earnings regardless of whether they distribute dividends or not.

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Re:Coinbase valued above $100B, ahead of direct listing by hiq on Sunday February 21, 2021 @05:14AM (#26212310)

I think OP was talking about a possible market bubble, not Bitcoin.

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