If you missed it, $COIN.c $SMURF announced its subsidiary Metaverse Group entered a strategic partnership agreement with SuperWorld to invest up to $1M in virtual real estate on the SuperWorld platform.
Plan is to buy plots of virtual land in SuperWorld, including virtual duplicates of popular real-world landmark locations, in which upcoming creative projects and events will be hosted by Metaverse Group.
This purchase expands $COIN ‘s eight figure virtual holdings and bolsters their ability to grow a significant presence as leading virtual landlords. Great to see them continuing to build value despite being in a bit of a dip. This won’t stay down for long imo.
My thoughts are that next year's earnings estimates for COIN are hogwash. With the NFT business coming, the growth of Coinbase Cloud, and the additional institutions that will diversify their balance sheets using Coinbase, earnings will likely improve greatly even if there is fee compression in the core business. We've seen multiple great businesses have huge stock runs because of similar estimates being destroyed when earnings were actually announced. This will be fun. My #1 large cap pick and competing with two small cap stocks to be my #1 overall.
J
Have you guys seen the interview of the CEO with Bankless? The intention is to make this much more than an exchange. Coinbase wants to become a financial services provider for the real world and the Metaverse. Financial services a bank has monopoly on would be able to be accessed through a decentralized manner. Now it seems like a very strange concept to people bit with Coinbase's trustworthy brand they can bring this to the masses. The potential of this is immense.
T
Bought in again.
D
Seeing all that buying into the close yesterday was very encouraging as it relates to selling strength waning. I have no doubt sometime during this year the stock price will hit 400 or higher
A
Can’t wait for next week, exciting times!
G
Nice close today. It's rinse and repeat time. Shorts cover and hold during the rise up to earnings. I predict that it'll be choppy but we'll be at 280 by earnings.
t
Fellow longs, I haven't been here in a while, but just want to say... HODL!!! In the month or two after COIN began trading I warned people not to buy many times. Then, when it began basing in the $220 - $240 range I announced my buys as I built my long position. I was disappointed to see the large rally into the $350s fade away, but HODL strong! Happy MLK weekend!
C
Outstanding company on sale again. Buy the dip.
s
I heard about COIN the other day on http://alert-sounds.com/. It’s looking like an interesting play.
O
This cash machine will buy many great companies in the couple of years $1000 stock very fast
C
COIN is becoming the center for all crypto transactions. Could go to $1000+
D
Bitcoin now up for the day....so much for correlation ??
S
This thing should be $500 now.
B
P/e ratio of 17. Try finding a better company with a lower pe. The fall is an opportunity to buy as it's due to wider market conditions whilst the business continues to churn record profits.
V
Now the company has cemented a strong foundation and trust. The same played out for $COIN. #1212
H
This derivative company acquisition is huge. The market loves it, and so do I. New highs are coming this year.
F
They just announced they bought a derivatives firm. This is fantastic! Diversifying and expanding their offerings.
O
We could see a 20% pop tomorrow
V
JUST IN -- COIN is going into derivatives and buys FAIRX! Should take market share from Binance, who is the leader in this space. Not moving too much after hours but will gain some market traction.
Plan is to buy plots of virtual land in SuperWorld, including virtual duplicates of popular real-world landmark locations, in which upcoming creative projects and events will be hosted by Metaverse Group.
This purchase expands $COIN ‘s eight figure virtual holdings and bolsters their ability to grow a significant presence as leading virtual landlords. Great to see them continuing to build value despite being in a bit of a dip. This won’t stay down for long imo.
https://www.businesswire.com/news/home/20220112005615/en/
In the month or two after COIN began trading I warned people not to buy many times. Then, when it began basing in the $220 - $240 range I announced my buys as I built my long position. I was disappointed to see the large rally into the $350s fade away, but HODL strong! Happy MLK weekend!