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Making a stock jump: Is BlockChain now what .com was 20 years ago?
Posted by: GGD
Date: January 09, 2018 04:36PM
I remember as the .com bubble was growing 20 years ago that all a company needed to do was put a .com after their name and their stock would surge. Seems like now they just need to mention blockchain to get the same effect.

Does anyone remember how that movie ended a few decades ago?

[www.theverge.com]

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There’s a growing list of companies that have added language about blockchain or cryptocurrency into their names and mission statements, and it makes sense. Companies that do so see their stocks rise in value afterward. The latest company to jump on this trend is, unexpectedly, Kodak, which just launched its own KodakCoin, a cryptocurrency for photographers. As soon as the news was announced, Kodak’s stock (KODK) jumped up, and as of this writing, its stock price is $5.02, a 60 percent gain.
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Re: Making a stock jump: Is BlockChain now what .com was 20 years ago?
Posted by: ztirffritz
Date: January 09, 2018 04:38PM
How does this all work? I understood BitCoin. That made sense to me. But everyone can't have their own currency. It has to be exchangeable to have any value...literally and figuratively.

As always, Planet Money has some really good podcasts that talk about CryptoCurrency.



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Re: Making a stock jump: Is BlockChain now what .com was 20 years ago?
Posted by: pdq
Date: January 09, 2018 04:39PM
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Is BlockChain now what .com was 20 years ago?

Yes. That will be one bitcoin, please.
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Re: Making a stock jump: Is BlockChain now what .com was 20 years ago?
Posted by: GuyGene
Date: January 09, 2018 05:38PM
Here's what I say. Eh?



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Re: Making a stock jump: Is BlockChain now what .com was 20 years ago?
Posted by: Pam
Date: January 09, 2018 06:11PM
Blockchain is all about security for something. It's different than bitcoin, which uses blockchain. Still learning myself.
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Re: Making a stock jump: Is BlockChain now what .com was 20 years ago?
Posted by: gabester
Date: January 09, 2018 06:50PM
Blockchain is a distributed register. It means that no single source can forge a transaction. So, effectively, the "security" in in the "chain of transactions" encoded into the blocks of data.
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Re: Making a stock jump: Is BlockChain now what .com was 20 years ago?
Posted by: hal
Date: January 09, 2018 07:28PM
apple & oranges
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Re: Making a stock jump: Is BlockChain now what .com was 20 years ago?
Posted by: sekker
Date: January 09, 2018 08:49PM
This technology is perfect for any digital asset as it makes an indelible watermark.

Kodak announced a system for tagging digital photographs - which is a perfect use case.

I'm sure there will be many more such scenarios for creatives like book writers, science publishers, etc.
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Re: Making a stock jump: Is BlockChain now what .com was 20 years ago?
Posted by: Lux Interior
Date: January 10, 2018 07:01AM
Quote
GGD
I remember as the .com bubble was growing 20 years ago that all a company needed to do was put a .com after their name and their stock would surge.

One of my most vivid memories was K-Tel (the mail-order record comapny). They simply announced that they were going to sell on the internet and boom!

Quote
GGD
Does anyone remember how that movie ended a few decades ago?

Less than two, but it didn't end well. But things recovered. They always do.

Then came the mortgage debacle...

Lather, rinse, repeat...
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Re: Making a stock jump: Is BlockChain now what .com was 20 years ago?
Posted by: NewtonMP2100
Date: January 10, 2018 07:36AM
....still Jenny from 'da.....block.....??



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Re: Making a stock jump: Is BlockChain now what .com was 20 years ago?
Posted by: ztirffritz
Date: January 10, 2018 12:15PM
So it's like a RAID currency.



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Re: Making a stock jump: Is BlockChain now what .com was 20 years ago?
Posted by: GGD
Date: January 10, 2018 03:53PM
Warren Buffet share's his two cents (coins) on the subject.

"I can say with almost certainty that they will come to a bad ending."

[www.cnbc.com]
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