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RE: Slug Racing and Short Selling
I think your slug was shot in the side by a BB gun!
Yeah my background is trading stocks. No matter how much you hedge and protect, seems there has to be some risk for some gain. We used to liken it to the saying: "you cannot be a little bit pregnant."
I guess I could never get the idea of valuing crypto. However, I do like Steem because I feel the site has value. I feel like I am buying in more and more with every post. I power up, so I hope it goes up again!
It does kind of look like it but I think the hole is a feature of slug anatomy, but maybe I should fill it up with butter as an act of kindness just in case it is a wound, LOL.
I think it is very tough to value crypto there are many different issues to consider. It has turned into a very fun hobby for me but I'm not from a stock background at all and kind of just stumble along.
Steem seems like one of the few projects out there that has some sort of intrinsic value without a large risk. I think I'm biased though after putting in all the effort on these posts.
Yes we may indeed be biased yet I see Facebook has a market value of just over 500 BILLION dollars! That is half a trillion! Now I know we are no where near being as valuable as that but it speaks to the potential of our site. Should be a fun ride. A good Thursday to you!