GRTGBP
The Graph / Pound sterling
crypto

Like so many i have also experienced this roller coaster. Ive worked in the financial sector for 20 years, have my CFA, understand valuations, pricing models etc. I could never get an answer from anyone as to why a price for any give coin. In the summer of 2021, I had enough of being at lunches and people talking about how much they made in coin x or y... I jumped into to trading crypto not because of the long term value, but simply because it was volatile, and traders make money on price movements. During this time, DAO's were popping up every hour, total pump and dump schemes, but if you could get in early and out, you made some pretty good money. I noticed some of the whitepapers for some of these "projects" referenced "the prisoner's dilemma" and how that would play a part in the price of the coin. Huge red flag... i was part of a trading club, and GRT was brought up - how it analized data on the block chain etc etc... i asked a simple question - "so what portion of the revenue are you entitled to with ownership of the coin?" Of course the answer was 0 and is the core reason why crypto is worthless. Stocks give you legal equity/ownership in a given company. Bonds make you a creditor, and give you priority of assets in the event a company becomes insolvent. Crypto is nothing more than napkin with scribble on it, given to you by an analyst at microsoft. It's worthless fellas. There's no intrinsic value. There's no hedging benefit (trades lock step with equities), and no safety in the event of a disaster (grid goes down, no crypto). It's a scam. The biggest financial scam in history. Ponzi scheme

Like so many i have also experienced this roller coaster. Ive worked in the financial sector for 20 years, have my CFA, understand valuations, pricing models etc. I could never get an answer from anyone as to why a price for any give coin. In the summer of 2021, I had enough of being at lunches and people talking about how much they made in coin x or y... I jumped into to trading crypto not because of the long term value, but simply because it was volatile, and traders make money on price movements. During this time, DAO's were popping up every hour, total pump and dump schemes, but if you could get in early and out, you made some pretty good money. I noticed some of the whitepapers for some of these "projects" referenced "the prisoner's dilemma" and how that would play a part in the price of the coin. Huge red flag... i was part of a trading club, and GRT was brought up - how it analized data on the block chain etc etc... i asked a simple question - "so what portion of the revenue are you entitled to with ownership of the coin?" Of course the answer was 0 and is the core reason why crypto is worthless. Stocks give you legal equity/ownership in a given company. Bonds make you a creditor, and give you priority of assets in the event a company becomes insolvent. Crypto is nothing more than napkin with scribble on it, given to you by an analyst at microsoft. It's worthless fellas. There's no intrinsic value. There's no hedging benefit (trades lock step with equities), and no safety in the event of a disaster (grid goes down, no crypto). It's a scam. The biggest financial scam in history. Ponzi scheme