PEG

SimpleMoonFarmer

1. Debt is at unprecedented levels. Inflation is still strong. 2. Fiat won't keep its value. Central banks will need to print money to repay the debt and to get out of the recession. 3. Most asset classes are overvalued, especially as a recession impacts PE and PEG ratios. 4. Any asset that is not overvalued is your best chance to try to save some money without losing a big share of it due to inflation. Traditional options include real estate and gold. 5. You may find the most undervalued assets in crypto. Influential investors like Warren Buffett don't believe in this asset class. It is a case of the Plank principle, applied to investing, a generational opportunity.

mricecream429

(Following an earlier comment) Hey guys if anyone can help. I have some KCC-PEG-ETHER stuck in MetaMask after sending it there via KCC rather than erc20 earlier. I have no idea how to get it off. Been looking online but can’t seem to find the appropriate solution

Xylon818

I agree with most of your post. It it very hard to replicate what Bitcoin has done, so in that sense Nano is definitely a long shot. It is a underdog. Dai is the closest stable coin that is in the market right now, that would be classified as decentralized but it has had its Peg to the USD broken a few times. How trustworthy is something like that, how do you know it won't be broken again? A draw to crypto is it's fixed supply nature. Fiat has a unlimited supply, crypto's like Nano have a hard/fixed supply. I would rather a free floating exchange rate that the market determines than a 'PEG'. Plenty of places to spend Nano https://hub.nano.org/merchants

polloponzi

There is someone trying to short it and they are spreading FUD. Lossing 0.3% of the PEG is nothing. You pay more in trading fees than you loss in that peg.

Umarzy

Well, I don't expect to see the next SHIB until the next bull. But maybe we are in their season already, not sure. Fundamentals always win in the end, so I would still be exposed to ETH, MATIC & upcoming tokens on my watchlist; ADE & PEG.

FoulmouthedGiftHorse

Yes it is! They say there is a 1-1 peg with USDT. If they are issuing unbacked USDT, it is counterfeiting because it is NOT BACKED and THERE IS NO PEG. It's a lie, it is fraud.

Umarzy

I think VRA goes at least 10x from here in the next bull run. It's just $60M mcap at the moment. I expect upcoming tokens such as PEG & ADE to do well also. PEG allows users to predict the direction of an asset movement to win rewards. ADE is the token of Weaver Labs, building a connectivity solution.

Umarzy

My plan remains the same -DCA. Right now, I'm just mining fiat so I can put more money into ETH, ATOM & some upcoming tokens like ADE & PEG. I will hold, and take profits on the way up into stablecoins, which will be used to buy dips again.

Nattpappa

Pegging Evolutionary Gold (PEG) It will be an unstable stablecoin that is always pegged to something.

moldyjellybean

Or this means the gov knows how to restore peg and how to break the PEG. If your stable coin can be saved by a few people making the decisions it means a few centralized people can destroy and depeg it also. I don’t think it’s good news. The gov has a blueprint and knows how to break it now. When they come out with the CBDC they have a playbook to break competitors.

DadofHome

I just knew tether would PEG us all one day !

marko0062

Song of the day: Steely dan - PEG

saucedonkey

I’m slow…why is nft and jpeg like that? NF-T and J-PEG. What!?

New_Accident_4909

Yeah I am sure PEG is holiding up, not so cwrtain about the future of the stable though. I did lay off crypto news for a half a month or so as i had difficult period on the job and some health issues. Seems as if i made a three month break lol.

PathologicalUpvoter

Lol PEG a SUS

GabeSter

I don't know. I think ETH has the ability to support the PEG, at least for now. Lets hope Matic stops growing though or we might be in trouble.

Popboat

PEG to sol EOY by FTX

NotAThrowawayPorn

Instructions unclear, went all in on PEG coin

CunningStunt_1

Thanks for the post. Very interesting. I am focusing on transactions numbers/fees generated as that is the only data we have at present that i feel comfortable making some sort of required growth expectation. Of course producing a PEG ratio would be amazing. But I am stumped how to do that? Crypto works in such a boom and bust cycles (value and active users), the only thing you can do is assume number go up. Which isn't a sensible method in this macro climate. Or is it? I honestly do not know. Ethereum is a different kettle of fish to the other chains, which is why I didn't mention in the OP. Accessing value for the mentioned chains based on TVL is a waste of time. Sybil/51% attacks aren't possible. As they all operate on a multi sig system approved validator system. I completely agree with; >In other words, noone really knows how all of this would work out.

No_Yogurtcloset_2547

The critical problem in your whole assumption about transaction number is that you take past and present numbers which is like looking a the PE of a hyper-growth tech stock and stating it is massively overvalued. You need to look at something that resembles the PEG ratio aka the future transaction numbers in relation to todays value. Ofc it would not be a problem to 100x the tx numbers for most of these L1s IF and there it comes, anything that will be done on these L1s has utility. Utility \* people = value. If utility is zero, then it doesnt matter how many people use it or will use it, the value will go to zero long-term. Price follows value. Ideally you want to look for utility in the blockchain/crypto space and figure out how much people are going to make use of that utility. This lets you derive the future value. Then you discount for risk-free return till you arrive at a present value. Idk why you are hooked on tx numbers tbh, but let me pose the following question: if the number of people goes up by a factor of 100 for one of these L1s, then the demand for the token will increase accordingly. If demand goes up because utility is there, then it is sustainable hence value goes up. Your "idea" is that if there are no fees or very low fees, demand will go down because I have to pay less token x for a transaction, hence demand for said token will be less. But if number of participants increases accordingly, demand will increase. This works as counterbalance. The second problem is to nail everything down to revenue distributed back to token holders. Its like looking at the divident of a company. According to this, e.g. amazon was one of the worst stocks ever. Not only does it pay no dividend, it also never turned a profit. Nevertheless, amazon is one of the most valuable companies on the planet. Why is this? It is a ponzi? How can a company that never turned a profit be so valuable? If you look at e.g. ethereum and the TVL under its ecosystem, the question you need to pose is are people willing to secure said TVL by validating blocks. If we assume the TVL is derived from something that is usefull e.g. settlement of bonds, than this only works if the network value of eth is in a certain ratio to the TVL. If its too cheap, you can buy up enough supply and take unrightful ownership of the assets. In a way, if the world wants to settle value in a decentralized, permissionless (or even semi-permissioned) way, you need to make sure that whatever the value you want to settle is secured, irrespective of how often you transact on-chain. In other words, noone really knows how all of this would work out. But I am not sure if nailing everything down to transaction numbers makes any sense. I think the difference between PoW and PoS is mandatory in this case as I believe PoW would fail in this regard.

DerpJungler

Imagine going through hours of analyzing P/E, PEG, EV ratios, Profit margins etc. for both specific companies and sectors, just to earn a few good percentages per year. Meanwhile in crypto: *Haha coin with dog - 10000x*

Castr0-

Someone lost to someone win. AKA PEG

_Commando_

UST claimed to have a $ PEG too.

Dwaas_Bjaas

For the 69420th time ITS NOT A PEG market decides the price of stETH or rETH. These tokens are not at all pegged to the price of Ethereum About 6 months after the merge stETH can be traded 1:1 without any issues and regardless of how much you paid for stETH Once again: NOT A PEG

relaxxed_

TRX hunting for liquidations while BTC is dying and USDD well below PEG. Just crash it already Tron!

0xNLY

IT’S NOT A PEG. You’re welcome.

Scrapin-Nee

Welcome to the Bitcoin subreddit where most here have more invested in Equities than Bitcoin and aren’t afraid to tell you about why you should too. You main point is correct. Monolithic companies have been created through cheap investment capital. They are essentially like athletes that have competed on steroids for over a decade and are being pulled off the juice. They can’t beat previous growth benchmarks any further as shown in recent earnings forecasts. Because of this zombie companies will go solvent and blue chips won’t show significant growth as QT increases and their PEG ratios revert to mean. Blue chips won’t got belly up, but even at these levels you’ll be at a loss buying the dip now for some time. Bitcoin is the real play here for the next 10 years, but few see this and many more won’t accept the game has changed. WAGMI

relaxxed_

Solana lost PEG again?

Justin534

I don't understand why everyone uses USDT. If there's ever a major liquidity crunch and not enough USDT can be redeemed for reserves which causes a massive wave of margin calls and running for the exit in crypto it's going to be ridiculous if everyone blames Tether and no one looks in the damned mirror. Why not USDC? Why not fair which is over collateralized and automatically issues margin calls if collateral falls below levels needed to maintain PEG, is completely decentralized, and 100% transparent. At this point if Tether ever collapses it's not going to be Tethers fault for that wave of destruction it's going to be everyone else's fault for using it

relaxxed_

I think we should take a moment to appreciate the fact that Moons didn’t lose PEG during recent events too

simonitye

They're just preserving themselves. The community is already here and using the original chain. Since they want to build on the new chain, the original one will lose out because "iTz a d3d ch4iN". The current terra is **decentralised**. The initial creators are now part of the community. They're only forking to **maintain control**. They **probably** incentivised builders by giving some of the treasury meant for "PEG" maintaining. _They'll get rich off the entire process. Again._

Dark_Raiden_

I believe near protocol has a stablecoin USDN which has.....LOST ITS PEG

Lazy-Performance-418

They have to print more Luna to increase the PEG of UST. It’s like the fed printing money to fight economic downturn, except the world still believes in the USD. Sadly, Luna will not recover.

fan_of_hakiksexydays

Watch Kwon come back in 1 year and try to launch a new coin. I've already heard rumors that they are working on a new project for a stable coin called Delta-Pegasus. It sounds like a promising project, but it is a bit concerning that the ticker is already called D-PEG. Badumm tsss.

relaxxed_

Bitcoin is never going to lose PEG

relaxxed_

How big is the chance that LUNA bounces hard if UST regains PEG again? Thinking about throwing $100 at it as a gamble but not sure yet.

SigSalvadore

UST has slowly been rising back up to 1.00 despite BTC dumping, might get back to it's PEG. And sure there is the lack of trust narrative, but if it's stable/fixed and LUNA starts rising, people will FOMO in. Short term memories.

CheruB36

what does the PEG offer if you cannot trust it? UST is doomed if they dont come up with a change in protocol

relaxxed_

I think LUNA wants to PEG to the price of SHIB

relaxxed_

Coin bureau beliefs UST is going to get back to PEG because there’s just too much capital at stake

polloponzi

>I need some answers. Is it time to sell this now? seems you have no idea on what you invested. What part of 'algorithmic stablecoin' didn't you understand? I guess you understood stablecoin but not 'algorithmic'. I will make easy for you: algorithmic means backed by nothing other than an arbitrage opportunity when the PEG losses the 1:1 value. So the coin is only stable as long as the opportunity to arbitrage this is worth the risk. And it seems right now the balance is full on risk:off:mode

cryptokingmylo

Look at pretty much any stablecoin even the big ones they have fallen off the PEG from time to time, It just happens sometimes,

PositiveUse

Kinda reminds me of that OHM ponzi… tomorrow devs will say „sorry, we fell asleep that’s why we were not able to hold the UST PEG“

relaxxed_

Just a couple of months and there’s not much we can do at this point. I held but it was getting too much for me so I got out. I hope you didn’t get rekt to badly with the price action. Watching MSHARE crash from 21k to 1.5k and hoping for SVN to get above PEG has been too painful to experience. I wish you the best of luck brother!

Scrapin-Nee

“Bitcoin Maxi” lol. We are getting pretty loose with this term of you consider yourself a maxi with 95 percent of your portfolio in an index fund. Compounding growth can’t occur without the growth. Without this cheap government money most of these companies sky high PEG ratios are gonna plummet. Index funds will grossly underperform against Bitcoin in the following decade, just like the last decade.

coinsRus-2021

Yep, you’ll understand why once you understand small bowel pore size, biocompatibility, and rate of degradation of PEG.

coinsRus-2021

Made a nice handy list for people like you: mRNA vaccine ingredient list and each ingredient’s use in everyday life Polyethylene Glycol (Note: most highly scrutinized ingredient in vaccine by far and claimed to be culprit of spike in myocarditis) found in: - Seasoning blends - Dried soups - Salad dressings - Baking mixes for foods like cakes, muffins, cinnamon buns, biscuits, cupcakes, and pancakes - Powdered drink mixes - Flavored teas - Soft drinks - Alcoholic beverages - Food coloring - Flavoring extracts - Highly processed snacks - Fast foods - Flavored popcorn - Cake frosting - Ice cream flavors - Mass-distributed baked desserts - Marshmallows - Dried coconut shreds - Sauces - Sour cream - Potato salad - Macaroni - Cheese‌ - Throughout entire medical industry 1 2-distearoyl-sn-glycero-3-phosphocholine - A natural component of cell membranes - A common material used in drug delivery systems - MSDS is here: https://cns1.rc.fas.harvard.edu/safety/pdf/1,2-Distearoyl-sn-glycero-3-phosphocholine.pdf ((4-hydroxybutyl)azanediyl)bis(hexane-6,1-diyl)bis(2-hexyldecanoate) - fat / lipid used in mayonnaise, whipped cream, and drug delivery Tromethanine - A very common buffer used to treat acidosis - Used after surgeries to treat pain Monobasic and dibasic potassium phosphate - Also a buffer - Treats kidney stones - Found in canned food, frozen meals, soup, tofu, cereal, etc Sucrose - Yeah we all know what this is Sodium Chloride - table salt Potassium Chloride - pH control - Flavor enhancer in food - Thickener in foods - Regulates blood pressure - Natural product like NaCl mRNA - has absolutely no way of causing impact upon DNA - Reference? Any (and I mean any) peer reviewed textbook or journal article since the discovery in 1961 when published in Nature, one of the most prestigious peer reviewed journal - Deployed by any and all viruses into the body to transcribe production of proteins for a very brief time Not a single ingredient in Moderna or Pfizer vaccine is up for debate in safety and efficacy. The most challenged ingredient is the first listed - PEG. And you should know full well whether or not you’re allergic to this before receiving either Moderna or Pfizer by living life. Anyone arguing mRNA can change your dna 🧬 has never read a biological textbook and/or has extreme confirmation bias. If you’re still not sure if this vaccine is safe, while taking unchecked sports supplements, unchecked vitamins manufactured in labs with binders probably listed above, drinking a soda with nasty said causing your heart issues, eating fast food, or drinking a beer, I just don’t know what to tell you.

No_Yogurtcloset_2547

What you explain is essentially the question of the utility. Being able to perform a search is very useful to most people that are not all-knowing which is everyone in the world. Except your search engine can only look up certain things like capital cities. For many people, such a search engine would be useless because they know most capital cities or have other ways to look it up. In such a case, your search token would be worth a lot less because a) its utility is not great (it can only look up capital cities which there are only 207 of) and b) a not of people wouldnt need to pay for it to use it. A certain blockchain or smart contract is similar. If I live in a 1st world institutional democracy, my central bank is working in the best interest of mine and the market is very health, stable and free, I dont need the utility of bitcoin. Bitcoin then is useless to me. The problem is there is no such place. When people say bitcoin has no value what they mean is bitcoin has no value \*to them\*. Having no value stems from one thing and one thing only: having no utility. So what these people want to really say is: "bitcoin has no utility to me hence it has no value to me". Which is a very fair statement and could be true if they are an oligarch or politician or central banker, then bitcoin is probably useless to them because they can do what they want anyway and are not negatively affected by current monetary policies. Most ordinary people are however and hence when they say bitcoin is useless (to them) what they really mean is: "I am financially illiterate and know shit about fuck" or in other words "I dont understand how money works and that I am being scammed out of the economic value I produced in the past due to irresponsible policies". Value = utility \* number of people making use of that utility. For most things, the value is relatively easy to calculate. For present value of a given company, take current number of people that use its products/services times the utility of the products/serivices which is mostly a derivative for their price. For future value, calculate how many people use it not right now but in the future. Can its utility be expanded; by what means is it useful to other people? All these things are crunched down to numbers like PE or PEG etc. If you want to determine the value of a distributed ledger, you need to determine a) its utility and b) how many people benefit from said utility. Especially, you need to determine how many people already benefit from it and how many will benefit from it in the future. There are derivatives for PE or PEG for cryptos. According to these number, ethereum for example is the most undervalued crypto by far. Of course the metrics that are used may be wrong. Also, being undervalued doesnt mean its going to succeed or anything. Apple was terribly valued for most of its lifetime, yet has been a great investment. What matters in the end is the same as when you invest into a company. Ask yourself what's the utility of something for other people, for how many people exactly, how important is it, how scarce is it.

ArkGuardian

>The average person doesn't need to understand Blockchain technology or decentralization, they only need to know that it's a viable investment with potential for great returns and uses. Jesus Christ no. Crypto is the only asset class where the method of investment is the same as the technology. You can't just rely on PEG ratios like you do with stocks. Understanding the technology is fundamental to people not getting scammed and turning away from Crypto

Psylux707

Lynch is my goat. And I use PEG (he developed and used) as my first indicator of a stock to invest in

coinfeeds-bot

tldr; BankersDream is a new DeFi project aiming to implement asset collection into the realm of cryptocurrency through the creation of three asset categories. BankersDream provides rewards to holders in the form of PEG BUSD. Investors receive these rewards for simply holding the token in their wallet through reflections. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

VisualResidual

PEG system. Exaggerate the chain make it grotesque obscene and vulgar. Absurdism helps

Bunker_Beans

Bullish on PEG coin.

Visual_Heart9713

Hello community, I have swapped 19575.56 NFTL token for BUSD with multihopping on on pancakeswap. The token swap seems to have split into two pieces due to the multiphop which sometimes happens i agree. But i did not receive the first part of the split on my wallet. Here is my tx id. Normally what should happen is i either receive PEG-ETH for the last step or there should be one more step to convert the PEG-ETH to BUSD but that step is not there so i basically lost 140\~ USD, it is totally gone. What do you think ? [https://bscscan.com/tx/0xadeb9392979db582eadb7d55c60687edcd1a0eec1c8a8404d071beabc8aaddea](https://bscscan.com/tx/0xadeb9392979db582eadb7d55c60687edcd1a0eec1c8a8404d071beabc8aaddea) It seems very strange as to why Pancakeswap would convert the initial WBNB to PEG-ETH instead of BUSD on the 4th transaction, and also strange that the first transaction to send the tokens to the NFTL contract instead of Pancakeswap router, strange things happening in the first 4 steps i mean.

Numerous-Waltz6260

Why do people refuse to learn about layer 2s 🤦‍♂️ ETH IS NOT A TOOL FOR MOVING AROUND SMALL AMOUNTS OF CAPITOL, STOP TRYING TO SHOVE A SQUARE PEG THROUGH A ROUND HOLE!!!

soilaharac

An exchange like Binance is good for low fees (circa 0.1%). And if you want to move the tokens to a blockchain for low fees, you can use PEG tokens in BSC. They are available for pretty much all of the top 10. That said, if Binance goes under, I guess, so does BSC.

SeparateSpecialist

He's a bit weird but he appears to be a genuinely nice human being based off the numerous animal sponsorships and limited patron places. Also he actually explains PEG ratios and the like.

prodoosh

No. PEG THE PRICE OF THE GOOD TO USD.

RatherCynical

Depends which one. For Virtual Machines and DeFi, you can go by Total Value Locked. You can even develop a model that includes Marketcap and Growth to get a PEG-equivalent. For Bitcoin? You can go by things like no. of unique wallet addresses and amount of transactions happening on it. A compelling use case would help justify the demand for a particular token, eg UniSwap tokens are for the Governance of the most popular DeX, Ethereum is a state computer that forces demand through "gas" fees to capture the value built on top of it, etc

plaindouble

You’d be able to send it to other Stellar wallet users, the Stellar DEX, and CEXs that accept the Stellar USDC. Right now there isn’t many CEX’s that accept it but more are coming about over time. As for the Stellar DEX..there are quite a few assets that have enough volume to trade, and that is also nearly fee-less and you’d be able to trade USDC pairs using your funds. If you ever wanted to get out of the USDC you’d be able to swap it for XLM within a wallet and send it to an exchange to then be converted back into USDC or another asset of choice. If you wanted to hold the USDC long term you could look into yUSDC which is a yield earning token that is pegged with regular USDC. The interest rate is 9% and is paid daily. The 1:1 PEG is held by Stellar smart contract, acting as the middle man, so you can always get back your USDC. Also they don’t hold your tokens you use a Stellar wallet so it’s near trust-less, check out more here.. https://ultrastellar.com/assets/yusdc

coastereight

Oh sure. Not financial advice but hope it helps. I use it on my desktop and mobile. They have a free program called active trader pro that I like to use on my laptop because it has streaming quotes. For valuations, start researching about how to value stocks. Look for things like PE ratios, PEG ratio, EPS and EPS growth, free cash flows, price to book ratio, there's a ton more. It's impossible to evaluate based on one or even a few things, but you can just gather as much information about a company as you can and try to buy companies you like at a fair price. DCA into a full position and watch it grow. I use trading tools like RSI along with valuations to try to find good entry points for stocks.

Big_Ladder245

I don’t understand the purpose of AMPL, if by design it’s not meant to be stable, and cannot be pegged to 1$ USD. UST is completely decentralized and keeps the PEG to 1$. 🤷‍♂️

DrDogelon

Titan will be listed on MEXC Global. \-- Titan had recently fallen from 50$ to 0.00000004. Its gonna rise from ashes and fly like the Phoenix ! Titan for 1$ soon. PEG to get activated !! \-- www . mexc. com / exchange / TITAN\_USDT TITAN/USDT Start time 2021-06-30 13:59:57

SiON42X

Absolutely love the promise of this token. Pegging value (using deflation) based on a social media manipulator's tweets? Honestly it's fun af and presents some amazing ideas for the use in API-driven deflation going forward in cryptocurrency. Thanks for the PEG elon!

Tonyman121

LOL. There is no escape from Tether and what it's done, because it seems most stablecoins have just copied their formula. If they go down, others will continue to print. The bottom line is *in theory* USDT only works if it's 1:1 with USD. But then it clearly wasn't, and no one seemed to care because the peg held. This tells you 2 things: 1- the PEG is not driven by market forces (unless the market isn't just illogical it is stupid, assuming <$0.03USD=$1USD), or 2- everyone is just complicit in the scheme to prolong the dance as long as possible, because they allow USDT to = USD while knowing it is essentially worthless.

3kforevrr

All $PEG social links: [https://dxco.in/0xD585F9C5953CA97DA3551f20725a274c9e442ff3](https://dxco.in/0xD585F9C5953CA97DA3551f20725a274c9e442ff3) * Telegram ✅ * Twitter ✅ * Website ✅

skyblueoli

PEG ME BUT STFU $STFU - SHUT THE FUD UP ❌ Stop Elon, stop China, and stop FUD from manipulating our markets!!! ❌ https://stfu-token.com/ Thank me later ;)

Jealous_Ad8845

You missed UST stablecoin. While other coins lost their PEG during recent dumps, UST was rocksolid at 1,0$. UST is backed by Luna (current marketcap of 5bn), so the value is really there. With Tether there is always a slightly bad feeling, because it’s not that transparent on the blockchain. To mint UST, you have to burn Luna. So you can’t create UST out of nowhere. And the best: You also can get an APY of 20% for lending on anchorprotocol.com and take it out whenever you want.

TraderJoe543

I'll agree with most of that. You are correct that most retail investors lose money when they try to day trade. They get emotional about their trades, feel FOMO when something rallies, and then end up buying tops. Then when it corrects, they panic sell the bottom. That is not a recipe for success. But that particular piece is a matter of discipline, and not necessarily education or experience. Where you lost me is "value investing" with regard to crypto. The term "value investing" usually applies to stocks where things like a PEG ratio are low, or dividend yields are strong, or price-to-sales, or price-to-BV, etc. Those ratios just don't exist with crypto because there is no "underlying" company that you are investing in. So, for the small percentage out there that want to learn how to still make money in a sideways or (gasp) bear market... part of the education process is using whatever your equivalent of "lunch money" is, find a platform that doesn't eat you alive on fees based on your trade size and volume, and see if your strategies are working. For some people, "lunch money" is only a few hundred bucks. For others, it might be much more. I do think we're sideways for a little bit... and a bear market in crypto will eventually happen. Maybe I'm throwing this stuff out there so that readers might actually have a chance to at least retain, if not gain, during a sideways or bear market. Entirely a personal choice if this fits for you. I'm not pushing anything. Thanks for reading, and best of luck to you. \-TJ

sheer1706

The ROI for BNB is just there. Staking alone is very profitable. Then there are several staking alternatives, like using it for Launchpool, Launchpad, etc. All that produces solid ROI just for holding the token. On top of that you have constant buy pressure thorugh several use cases on Binance Smart Chain as well as on the exchange. And to top if all off, you have the quarterly burns, which work like stock buybacks by a VERY profitable company that commits a very substantial amount of its huge profit for this puprpose. If the ROI is there, the token will be bought, until ROI doen't exceed the risk profile of investors anymore. There is no Ethereum vs BNB idelogical battle going on. Most people don't buy BNB, because they have decided to side with Binance on a big battle vs decentralized platforms. They buy BNB, because the ROI is there. That's it. There is nothing fucked up about it, it's not even excessive greed. Valuing BNB with fundamental indicators like P/E ratio, PEG ratio or APY, you get nothing crazy and over the top. Especially in these times of high valuations for regular growth stock. The only thing that speaks agains investing in BNB is it's crazy performance over the past 12 months, which just screams "correction overdue" at this point. Other than that, it's fairly valued. If that means it's valued higher than many other cryptocurrencies, so be it. You could of course make the point that it's not properly decentralized and therefore should not be considered a crypto currency. That's fine. Just remove it from your list of cryptos and move XRP to position 3. Oh wait... No, USDT. No.... wait a second... Cardano! Just scratch position 3 to 5 from your list and your world is back to normal.

bs_is_everywhere

ADA = ETH/1000 PEG. You do the math.

synocrypto

I think synthetic assets will grow a lot and it makes sense to have leading derivates coins like SNX, INJ, MIR in your portfolio. But I personally wouldn't hold synths atm, all these projects are startups and I'm a little scared that synths might loose PEG to real world assets in a big market crash.

Frank-Fingerman

I don’t think crypto is any harder than stocks. It’s just that the usual shortcut metrics that people look at (P/E ratio, PEG ratio, etc.) don’t exist or aren’t relevant. So you have to do the type of research you really should do on stocks: understand their value proposition, understand management, understand their competitors, potential cash flows, understand regulatory risks, etc. So dig in and read everything you can about the crypto, and don’t look for shortcut metrics. Frank Fingerman

jthawks

If you look at your wallet in bscscan.com, you'll see that BTC, ETH, and many big tokens are called Binance-Peg BTC, Binance PEG USDT, etc... That means those tokens are in reality stored in Binance until you withdraw them from BSC to another network. Some native BSC tokens are different.

FundamentalistGraham

I would recommend selling your position in Tesla or even taking a short position, the bubble will burst soon. Musk needing income through trading Bitcoin, to please his needs is a bad sign. Here are some mind blowing Tesla numbers, let them sink in. PE: 1218 PB: 33 Graham’s number 40.194!!!!!! Graham recommending this number not to be more than 22.5 PS: 23 PEG ratio 6.37 Profit margin 2.29% Return on equity 5.42%

FundamentalistGraham

I would recommend selling your position in Tesla or even taking a short position, the bubble will burst soon. Musk needing income through trading Bitcoin, to please his needs is a bad sign. Here are some mind blowing Tesla numbers, let them sink in. PE: 1218 PB: 33 Graham’s number 40.194!!!!!! Graham recommending this number not to be more than 22.5 PS: 23 PEG ratio 6.37 Profit margin 2.29% Return on equity 5.42%