Reggie Middleton's blog
So, It Seems Like That Andreesen Dude Might Actually Know What He's Talking About, But I'll Still Spill His SecretsSubmitted by Reggie Middleton on 04/17/2014 14:00 -0400
I got into a Twitter debate with Marc Andreesen of Netscape (the inventor of the commercial web browser) and Andreesen Horowitz (the VC fund that financed Facebook, Twitter, Skype & Zynga) fame.
He spit out what was mostly common sense, yet still flew in the face of what is taught in school, most text books and by most B school teachers. Here's how it went down...
1/A few common fallacies about valuation of public and private technology companies:
Facebook Takes Life Seriously and Moves To Create Its Own Virtual Currency, Increases UltraCoin Valuation SignificantlySubmitted by Reggie Middleton on 04/14/2014 11:16 -0400
Facebook has caught the virtual currency religion and we all know how aggressive (as in $19B Whatsapp purchase) they can be when they look at firms to buy. UltraCoin is looking a lot more valuable in this space!
After warning that hardware is dead, my thesis has foreshadowed the slashing of the equity values of Apple, Blackberry, Samsung, Nokia and HTC despite the fact that the sell side has said otherwise. Now I've enabled the whole world to profit on the premise
I bet you the Turkish government can explain the intrinsic value of Bitcoin to Krugman and Roubini very soon as they systematically lose the ability to censor information due to Namecoin and affiliated technologies.
Oh, no! Bitcoin's end is near! Reggie Middleton was finally proven wrong!
Goldman Sachs, the 3rd Bank Spewing Fear, Loathing & Hatred At Bitcoin: The Paradigm Shift That Makes Bankers QuakeSubmitted by Reggie Middleton on 03/13/2014 11:24 -0400
When "Muppets" are told to bite the hand that feeds them, will they listen? Goldman, et. al. better hope and prey that they do!
Most people, even most people in the C-suite of money center banks (the prime candidates for disintermediation), still have no clue as to what the promises, prospects & risks of Bitcoin are. Well, as UltraCoin launches into beta, these become crystal clear!
I crush the JP Morgan Managing Director and Head of FX, John Normand, and his false-factual rant against Bitcoin. Fear, envy & loathing in seeing your bonus floating margin at cryptocurrency risk!
All that glitters is not gold, particularly if you don't know how to look at it.
Google reported Thursday later afternoon and the early morning traders didn't know what to make of the numbers - with the stock gyrating up and down. The following day, CNBC's 2nd annual sitck draft stock picking contest ended. Guess what happened? For the impatient, I can put the video here...
That unpopular short Apple/long Google pair trade's still paying in spades. In addition, an hour and a half of nerd celebrity Bitcoin and crowdfuning equiy in startups.
I predicted this clearly, with loads of evidence, last spring. I even tipped the SEC/UK authorities. Tthe chickens come home to roost. Let it be known, Wall Street's margin IS my business model!!!
I go at Krugman again for speaking about something of which he seems to understand relatively little about. I actually have some help this time around, though.
So, who was right this time, me or Carl Icahn? Don't always fall for those big name brand investors...
No Intrinsic Value? What Is The Value Of Ability To Sidestep The Money Center Banks, The Federal Reserve & The ECB?Submitted by Reggie Middleton on 01/28/2014 12:22 -0400
Who said Bitcoin Has No Intrinsic Value? What Is The Value Of Ability To Sidestep The Money Center Banks, The Federal Reserve & The ECB? Here are cogent, coherent, intellectual answers debugging the arguments of pop economists and new media pundits.