Crypto Stocks List

https://finance.yahoo.com/quotes/renn/view/v1

On December 29, RENN announced an acquisition:
"Renren Announces Acquisition of U.S. Trucking Social Platform Trucker Path Inc."
https://www.prnewswire.com/news-rel...cial-platform-trucker-path-inc-300576011.html

and almost as an afterthought, decided to include a sentence containing the word "blockchain":

"Currently, the two major emerging technology areas are artificial intelligence and blockchain.
"With the acquisition of the Trucker Path social platform and the Truckloads freight marketplace, the Company will be well-positioned technologically to drive innovation within this important industry."
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This is getting stupid.....as there are going to be a million competing bitcoins and block chain technologies.
This is roulette....and a grim reminder of the internet blow-up of 1999.
 
syswizard said:
This is getting stupid.....as there are going to be a million competing bitcoins and block chain technologies.
This is roulette....and a grim reminder of the internet blow-up of 1999.
More...

It's a big space. There will be quite a few category winners. It still feels early.

Quite the move on OSTK today.
 
Cdntrader said:
Sounds like a backbdoor crypto ETF with his assets in it.
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That's the thing I don't quite understand about the need for ETF "approval".

What's stopping anyone from starting a company (or doing a reverse merger) called "Bitcoin asset management" and buying Bitcoin? Then if the share price goes way above net asset value, you just sell more shares, and use the proceeds to buy more Bitcoin.

As far as I can tell, the only difference between a "true" ETF and my hypothetical company "Bitcoin Asset Management" is that an ETF has the create/redeem process, whereas "Bitcoin Asset Management" just sells stock in a secondary, like any other company.

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