RE:RE:RE:RE:RE:RE:RE:Still Following Crypto Markets LOL! That does seem to be true here doesn't it?
I know people say to put him on ignore, but I have always found the best play against his type of bashing is just to provide facts without engaging him directly. So every time he posts about some BS related to Frank, just post the actual data above it.
The math is pretty basic. If we stay on exactly the same path as last quarter, we end up with annual EPS of around $0.02.
So we are currently trading at around a P/E Ratio of 24. Seems reasonable and that's not including digital currency we have kept or assets. Seems like CG thinks we should be trading at a ridiculous multiple of something like 50 times earnings.
If Ethereum's price goes up in alignment with the mining volume increase from this recent quarter (32,000), we should go up quite a bit if we maintain that P/E Ratio. If it doesn't, we will climb a little, but not that much more - maybe up to $0.60.
This isn't rocket science right?