"I Think Crypto Is Dead"; Investing in Coinbase Is a "Waste of Time": Mizuho Analyst

Seeking Alpha2022-11-28

Mizuho analyst Dan Dolev said he believes that crypto may be done after the recent woes for now bankrupt crypto exchange FTX."I think crypto is dead and I think that investing in Coinbase (NASDAQ:COIN...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

kevinlaisq
2022-11-28
kevinlaisq
Ok
Take courage
2022-11-28
Take courage
This could be truth if u believe so.
phantom74
2022-11-28
phantom74
likd
Hayz
2022-11-28
Hayz
Once institutions had enough of cryptos, everyone will FOMO in...LOL.
- 滚股怪:
  wow
- shoude:
  [What]
GoodLife99
2022-11-28
GoodLife99
Good article obviously benefited for short seller [LOL] [LOL] what do you think?
Toby_Chua
2022-11-28
Toby_Chua
Be greedy when others are fearful...contradian in play
- Ahlec:
  can I just be rich?

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2286381685?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2022-11-28 11:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2286381685","market":"us","top_or_hot":-1,"title":"\"I Think Crypto Is Dead\"; Investing in Coinbase Is a \"Waste of Time\": Mizuho Analyst","media":"Seeking Alpha","content":"<div>\n<p>Mizuho analyst Dan Dolev said he believes that crypto may be done after the recent woes for now bankrupt crypto exchange FTX.\"I think crypto is dead and I think that investing in Coinbase (NASDAQ:COIN...</p>\n\n<a href=\"https://seekingalpha.com/news/3911396-mizuho-analyst-dan-dolev-i-think-crypto-is-dead\">Source Link</a>\n\n</div>\n","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>\"I Think Crypto Is Dead\"; Investing in Coinbase Is a \"Waste of Time\": Mizuho Analyst</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n\"I Think Crypto Is Dead\"; Investing in Coinbase Is a \"Waste of Time\": Mizuho Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-28 11:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3911396-mizuho-analyst-dan-dolev-i-think-crypto-is-dead><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Mizuho analyst Dan Dolev said he believes that crypto may be done after the recent woes for now bankrupt crypto exchange FTX.\"I think crypto is dead and I think that investing in Coinbase (NASDAQ:COIN...</p>\n\n<a href=\"https://seekingalpha.com/news/3911396-mizuho-analyst-dan-dolev-i-think-crypto-is-dead\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://seekingalpha.com/news/3911396-mizuho-analyst-dan-dolev-i-think-crypto-is-dead","article_id":"2286381685","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2286381685","pubTimestamp":1669605842,"columns":[],"sourceInfo":null,"weMediaInfo":null,"summary":"Mizuho analyst Dan Dolev said he believes that crypto may be done after the recent woes for now bank","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"“我认为Crypto已经死了”；瑞穗分析师表示，投资比特币基地是“浪费时间”","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{},"content_text":"Mizuho analyst Dan Dolev said he believes that crypto may be done after the recent woes for now bankrupt crypto exchange FTX.\"I think crypto is dead and I think that investing in Coinbase (NASDAQ:COIN) isjust a waste of time,\" Dolev said in a Friday interview with CNBC.\"What FTX taught you is that one day you could be worth the world and the second day you could be worth nothing and I think consumers are going to be very very scared,\" Dolev said.He said that any market share gains that Coinbase (COIN) may see due to the demise of FTX are \"very minimal'' in the greater scheme of things.\"I wouldn't get over excited about them because the overall volumes are comin\"\"down,\" Dolev said. \"They are making like $600 million in revenue and $1.2 billion in losses. It's a very bad business right now.\"Dolev's comment are similar to Barclays analyst Benjamin Budish, who on Tuesday wrote that he expected Coinbase's revenue to see \"minimal potential upside\" from the implosion of rival FTX.Earlier this month famed short seller Jim Chanos said Coinbase has a business model problem -- it doesn't work.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9966461242,"gmtCreate":1669613894786,"gmtModify":1676538213993,"author":{"id":"3572874548548490","authorId":"3572874548548490","name":"kevinlaisq","avatar":"https://static.tigerbbs.com/329de1199f764a89b7cadf50308e183d","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3572874548548490","authorIdStr":"3572874548548490"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966461242","repostId":2286381685,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9966416089,"gmtCreate":1669609108741,"gmtModify":1676538213155,"author":{"id":"3577010098993443","authorId":"3577010098993443","name":"Take courage","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":8,"crmLevelSwitch":1,"idStr":"3577010098993443","authorIdStr":"3577010098993443"},"htmlText":"This could be truth if u believe so.","listText":"This could be truth if u believe so.","text":"This could be truth if u believe so.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966416089","repostId":2286381685,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9966411068,"gmtCreate":1669608683554,"gmtModify":1676538213061,"author":{"id":"3570342809089528","authorId":"3570342809089528","name":"phantom74","avatar":"https://static.tigerbbs.com/c87ef2af41b8696be86cceafb5b5723d","vip":1,"hat":"https://static.tigerbbs.com/b0a2963eb37c60c5d6d4a8dbcd266952","crmLevel":3,"crmLevelSwitch":0,"idStr":"3570342809089528","authorIdStr":"3570342809089528"},"htmlText":"likd","listText":"likd","text":"likd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966411068","repostId":2286381685,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9966419008,"gmtCreate":1669608145005,"gmtModify":1676538212959,"author":{"id":"3576709204489965","authorId":"3576709204489965","name":"Hayz","avatar":"https://static.tigerbbs.com/d87598e3b13004920f673918b320782e","vip":1,"crmLevel":3,"crmLevelSwitch":0,"idStr":"3576709204489965","authorIdStr":"3576709204489965"},"htmlText":"Once institutions had enough of cryptos, everyone will FOMO in...LOL.","listText":"Once institutions had enough of cryptos, everyone will FOMO in...LOL.","text":"Once institutions had enough of cryptos, everyone will FOMO in...LOL.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9966419008","repostId":2286381685,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104981185,"gmtCreate":1669618854746,"gmtModify":1669618867969,"authorId":4091089381144950,"author":{"id":4091089381144950,"idStr":"4091089381144950","authorId":4091089381144950,"name":"滚股怪","avatar":"https://static.tigerbbs.com/b67621b4133ca0db91bff9766152a448","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966419008,"type":1,"supId":0,"prevId":0,"content":"<u>wow</u>","text":"<u>wow</u>","html":"<u>wow</u>"},{"id":104979487,"gmtCreate":1669609022862,"gmtModify":1669609036600,"authorId":3587029173183468,"author":{"id":3587029173183468,"idStr":"3587029173183468","authorId":3587029173183468,"name":"shoude","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"crmLevel":3,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966419008,"type":1,"supId":0,"prevId":0,"content":"[What]","text":"[What]","html":"[What]"}],"langContent":"EN"},{"id":9966410162,"gmtCreate":1669607834056,"gmtModify":1676538212936,"author":{"id":"3573390365123336","authorId":"3573390365123336","name":"GoodLife99","avatar":"https://static.tigerbbs.com/93bc72ed8ecc035497d64dcad3dcf3d8","vip":1,"hat":"https://static.tigerbbs.com/4c5ceab71416b120bab4604c0754b52a","crmLevel":4,"crmLevelSwitch":1,"idStr":"3573390365123336","authorIdStr":"3573390365123336"},"htmlText":"Good article obviously benefited for short seller [LOL]&nbsp; [LOL]&nbsp; &nbsp;what do you think?","listText":"Good article obviously benefited for short seller [LOL]&nbsp; [LOL]&nbsp; &nbsp;what do you think?","text":"Good article obviously benefited for short seller [LOL] [LOL] what do you think?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966410162","repostId":2286381685,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9966435709,"gmtCreate":1669607335301,"gmtModify":1676538212867,"author":{"id":"3576326749731922","authorId":"3576326749731922","name":"Toby_Chua","avatar":"https://community-static.tradeup.com/news/82ec063fd73ccbceee82eab015cdf3fd","vip":1,"hat":"https://static.tigerbbs.com/b073a07f77dbe6b3bec6b12311fde6bd","crmLevel":7,"crmLevelSwitch":1,"idStr":"3576326749731922","authorIdStr":"3576326749731922"},"htmlText":"Be greedy when others are fearful...contradian in play&nbsp;","listText":"Be greedy when others are fearful...contradian in play&nbsp;","text":"Be greedy when others are fearful...contradian in play","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9966435709","repostId":2286381685,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":104983654,"gmtCreate":1669637746091,"gmtModify":1669637758986,"authorId":4091753544363040,"author":{"id":4091753544363040,"idStr":"4091753544363040","authorId":4091753544363040,"name":"Ahlec","avatar":"https://static.tigerbbs.com/81afb03fdd19de870e28208208ff7909","vip":1,"crmLevel":5,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9966435709,"type":1,"supId":0,"prevId":0,"content":"can I just be rich?","text":"can I just be rich?","html":"can I just be rich?"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":96,"commentSize":7,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2286381685"}