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Are you implying that it's still over valued ? They are profitable with a PE ratio of barely 5X. Even if their users want to sell their crypto they'll make money on the transaction of the sale. It seems like this stock is a bargain assuming it isn't going to keep getting dragged down by the broader market sell-off. Can someone with a different opinion elaborate ?

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Profitable? They lost $430 million last quarter. And that was before April’s bloodbath.

They made $3.62B last year with ridiculous profit margin of 50%. They have $7B in cash. They are the future. They'll be fine.

Your myopic hatred towards crypto is hilarious to me. Go use some defi protocols, you'll be amazed.

The future of what? Gambling?

Go install metamask and play around with some defi protocols. You'll see it yourself.

haha that would be bypassing coinbase

You should be able to connect dots.

I've used this stuff five years ago: installed Metamask, ran an Ethereum node, tried some mining, wrote some Solidity, and came away with the impression that it's 99.9% total bullshit, can never deliver on its wild promises, and I'd wasted my time.

I haven't seen anything since to change my opinion.

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