BTC Books, your point?
I made it.
Topic: Headline: Bitcoin Buzz Draws Western Union, MoneyGram - page 2. (Read 3983 times)
BTC Books, your point?
All of that is taken into account by the investors, making the stock price a fairly good indicator of investor confidence in the company. If the investors (who as shareholders, are typically in a good position to know) think the company's circling the drain, they'll want to sell. Just like in bitcoin, a lot of sells tend to push the price down.
Of course, there's always the chance that the company could be lying to it's stockholders (see: Enron) but no company is going to claim to be doing worse than they actually are. So, to expand, Price go down = bad; Price go up = good (usually)
thanks, that makes sense.
But what about those dividends not actually payed out, or reinvested, shares hold internally, or reinvested profits not subject to dividends?
All of that is taken into account by the investors, making the stock price a fairly good indicator of investor confidence in the company. If the investors (who as shareholders, are typically in a good position to know) think the company's circling the drain, they'll want to sell. Just like in bitcoin, a lot of sells tend to push the price down.
Of course, there's always the chance that the company could be lying to it's stockholders (see: Enron) but no company is going to claim to be doing worse than they actually are. So, to expand, Price go down = bad; Price go up = good (usually)
thanks, that makes sense.
But what about those dividends not actually payed out, or reinvested, shares hold internally, or reinvested profits not subject to dividends?
All of that is taken into account by the investors, making the stock price a fairly good indicator of investor confidence in the company. If the investors (who as shareholders, are typically in a good position to know) think the company's circling the drain, they'll want to sell. Just like in bitcoin, a lot of sells tend to push the price down.
Of course, there's always the chance that the company could be lying to it's stockholders (see: Enron) but no company is going to claim to be doing worse than they actually are. So, to expand, Price go down = bad; Price go up = good (usually)
But what about those dividends not actually payed out, or reinvested, shares hold internally, or reinvested profits not subject to dividends?
Yeah myrkul! What about that - HUH? HUH?
Because...
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I don't know enough about stocks to judge that.
I am asking for somebody to educate me what is so hard to understand?
It isn't hard to understand at all. Your claim of ignorance about the basics of financial information suits your current argument.
But when bitcoin-bashing... well...
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The point I am trying to make is: As for as store of value bitcoin isn't well suited, not because of it's volatility, that is only the symptom. There is something called elasticity of an asset.
What it tells you is how much prices influence demand and with bitcoin that is very high, a very high elasticity.
Low elasticity is something for which there is always demand, regardless - the things out society is built on, machinery, energy, and land. Of course they are subject to their own bubbles and pops but it is nowhere as dramatic.
What it tells you is how much prices influence demand and with bitcoin that is very high, a very high elasticity.
Low elasticity is something for which there is always demand, regardless - the things out society is built on, machinery, energy, and land. Of course they are subject to their own bubbles and pops but it is nowhere as dramatic.
[22 Economy / Speculation / Re: Yup, still feeling bearish. on: 2013-04-18, 16:15:05 ]
You don't play fair, I don't play nice. Simple.
But what about those dividends not actually payed out, or reinvested, shares hold internally, or reinvested profits not subject to dividends?
Yeah myrkul! What about that - HUH? HUH?
Because...
Quote
I don't know enough about stocks to judge that.
I am asking for somebody to educate me what is so hard to understand?
But what about those dividends not actually payed out, or reinvested, shares hold internally, or reinvested profits not subject to dividends?
Yeah myrkul! What about that - HUH? HUH?
Because...
Quote
I don't know enough about stocks to judge that.
I think you guys fail to understand the gravity of the situation.
WU literally could, with extremely little effort, turn every single WU place into the equivalent of a Bitcoin ATM.
WU literally could, with extremely little effort, turn every single WU place into the equivalent of a Bitcoin ATM.
This.
I don't know enough about stocks to judge that.
Price go down = bad.
thanks!
Seriously it's not that easy - I think. All I know there is more to a stock that the price, like dividends, the way they are payed out, the distribution of shareholders, etc..
What I do know it's not like the price of bitcoin.
The biggest thing that could affect a stock's price that wouldn't necessarily show on that chart is a split (1 stock @ $20 becomes 2 @ $10). WU has never split. Dividends are just profits paid out to shareholders at some rate per share.
But since WU has never split, It's enough like the BTC price to say "Price go down = bad."
But what about those dividends not actually payed out, or reinvested, shares hold internally, or internally reinvested profits not subject to dividends?
What I mean by this is: The amount of dividends shoudn't necessarily be fully proportional to the stock price.
I don't know enough about stocks to judge that.
Price go down = bad.
thanks!
Seriously it's not that easy - I think. All I know there is more to a stock that the price, like dividends, the way they are payed out, the distribution of shareholders, etc..
What I do know it's not like the price of bitcoin.
The biggest thing that could affect a stock's price that wouldn't necessarily show on that chart is a split (1 stock @ $20 becomes 2 @ $10). WU has never split. Dividends are just profits paid out to shareholders at some rate per share.
But since WU has never split, It's enough like the BTC price to say "Price go down = bad."
I don't know enough about stocks to judge that.
Price go down = bad.
thanks!
Seriously it's not that easy - I think. All I know there is more to a stock that the price, like dividends, the way they are payed out, the distribution of shareholders, etc..
And there is more to a company than its stock - obviously.
What I also know it's not like the price of bitcoin.
I don't know enough about stocks to judge that.
I don't know enough about stocks to judge that.
Price go down = bad.
I think they are mainly concerned with the competition. (No not Bitcoin itself, stupid), but rather the lots of small electronic cash providers who are attached to Bitcoin in one way or the other.
Paxum, Dwolla, OKpay, and so on.
That is a good point and they would be smart to act quickly. Paxum, Dwolla, OKpay, and so on.
I'm not sure but my gut says they won't. Their profit margin is simply too high to be thinking about direct completion. My bet would be some sort of marketing campaign.
Not even close. Take a look at their 7-year stock ticker. They're hurting.
http://www.nasdaq.com/symbol/wu/interactive-chart
Bitcoin as their back end transfer mechanism could save them a ton - and the logical step from there would be to own the exchange market more solidly than Gox has ever dreamt of.
They could do a lot worse. Actually, they are...
I don't know enough about stocks to judge that.
But I imagine their shareholders wouldn't react too kindly to something like that, even if it were possible. Those people probably are holding the stock because of it's a "conservative" one, those who are looking for a speculative stock are long gone anyway, and I doubt they will look back.
I think they are mainly concerned with the competition. (No not Bitcoin itself, stupid), but rather the lots of small electronic cash providers who are attached to Bitcoin in one way or the other.
Paxum, Dwolla, OKpay, and so on.
That is a good point and they would be smart to act quickly. Paxum, Dwolla, OKpay, and so on.
I'm not sure but my gut says they won't. Their profit margin is simply too high to be thinking about direct completion. My bet would be some sort of marketing campaign.
Not even close. Take a look at their 7-year stock ticker. They're hurting.
http://www.nasdaq.com/symbol/wu/interactive-chart
Bitcoin as their back end transfer mechanism could save them a ton - and the logical step from there would be to own the exchange market more solidly than Gox has ever dreamt of.
They could do a lot worse. Actually, they are...
Perhaps the company itself would use bitcoin as a tool to transfer funds internationally, and as a result cut down on their overhead so they can put more money in their own pockets while charging customers the same fees?
It's a pretty smart move, if you think about it. Customers would still just work with their fiat, and WU would insulate them from the bitcoin part of it, while the bitcoin is used simply to speed up the transfer. Then the customer can be told their $ can now be transfered in mere minutes. I think they are mainly concerned with the competition. (No not Bitcoin itself, stupid), but rather the lots of small electronic cash providers who are attached to Bitcoin in one way or the other.
Paxum, Dwolla, OKpay, and so on.
That is a good point and they would be smart to act quickly. Paxum, Dwolla, OKpay, and so on.
I'm not sure but my gut says they won't. Their profit margin is simply too high to be thinking about direct completion. My bet would be some sort of marketing campaign.
Sent them an e-mail. Any kind of integration with WU would be huge for bitcoin.
I don't understand what they're proposing they do. Using Western Union to transfer BTC would be like using a team of horses to deliver a car.
Western union simply realizes that bitcoin will make their entire business model obsolete. Which leaves them 2 options "beat um" or "join um." since bitcoin is decentralized they cant "beat um" which leaves only "join um". So it isnt really relevant specifically how they use bitcoin, they just know that they have to find SOME way to use it or they are doomed.
They could become money changers for fiat <--> BTC, making it facebook-level simple for anyone to transfer wealth more quickly across the globe
Oh god please this.
This would murder Gox in one swell foop.
And they could also make a killing in fees until some competition arises.
A match made in heaven. I never thought I would say that, but go Western Union!
A match made in heaven. I never thought I would say that, but go Western Union!
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