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Victorious Spirit Eagle
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cheongweevictor
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22-Jan-2021 05:05
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About SI.. In 2019, Silvergate transferred $32.7 billion through its network, representing 296% growth year over year. The bank enjoys powerful network effects from its SEN: As more clients and institutions join the network, it becomes more and more valuable, which causes still more clients and institutions to want to join the network.  I expect their revenue to more than triple or more  in 2020..and even more beyond 2020 as crypto trade gain speed and volume.... be forwarn, this is gg to be explosive,,,,,,,,, buy some, this is gg to be a 10X stock,,coming.. |
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cheongweevictor
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22-Jan-2021 05:00
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Actually the real gem is not MARA nor RIOT, i believe over time it will be SI..thier client base have improve by leap and bound,, this is no joke,, one exchange multi billion, it have some 900 over and increasing,, , imagine the profit they bring...and they are profitable,,,pls buy some You read the highlighted line...this means they are very profitable that they do away with normal bank business and focus solely on crypto..   Silvergate Capital is a tiny bank in California that' s been around for 30 years. Back in 2013, it was intrigued by the rise of cryptocurrencies, and it started seeking out digital currency customers. Specifically, Silvergate wanted the crypto-trading platforms, and institutional investors, to become clients. Its growth in this area has been    so  spectacular that it has started phasing out all of the ordinary banking activities it has done over the past three decades and plans to focus on its 69 digital currency exchanges. These exchanges are all clients of the bank, as well as roughly 600 institutional investors who want to trade cryptocurrencies.     
DATA SOURCE: SILVERGATE S-1 AND SILVERGATE INVESTOR PRESENTATION. Silvergate does not trade cryptocurrencies itself it just facilitates the exchange of dollars among the companies and institutions that do. The dollars that sit in these trading accounts at the bank are non-interest-bearing accounts, which means it' s effectively    free money  for Silvergate. In the third quarter, the company reports that $2.1 billion is sitting in these non-interest-bearing trading accounts.  Silvergate makes money by loaning out this cash for interest. Cryptocurrencies first saw dramatic growth in 2017, and Silvergate was right in the middle of it even then. At the time, the bank created the Silvergate Exchange Network (SEN), a virtual, real-time trading exchange for the U.S. dollar that operates 24 hours a day, seven days a week. Using the SEN, all the crypto-trading platforms could move dollars around for their trading clients.    In 2019, Silvergate transferred $32.7 billion through its network, representing 296% growth year over year. The bank enjoys powerful network effects from its SEN: As more clients and institutions join the network, it becomes more and more valuable, which causes still more clients and institutions to want to join the network.   
Growth is still fantastic. The company reports $76 billion went through the SEN in the first three quarters of 2020. Over $36 billion was exchanged in the third quarter alone, a number higher than all of 2019' s transactions.  Silvergate is a    small-cap stock  with a market cap of $740 million. The bank has a 25% profit margin. Revenue growth is choppy, as the bank' s fortunes wax and wane with the growth of cryptocurrencies. Competition might show up, as    JPMorgan Chase  (NYSE:JPM)  has been    making noises  about entering this space. Yet early first-mover advantage, and the network effect, should protect Silvergate and the SEN. (It might even make the bank an acquisition target.) The stock is up 148% this year.  Crypto is tiny right now, but the future is bright. |
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cheongweevictor
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22-Jan-2021 04:50
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ALT..  aka as " Alamat" .. if not the hold back by FDA.. i think the stock would have takeoff like tiger, but nevertheless i am looking the technical set up for big move up front,,stay vested,,  |
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cheongweevictor
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22-Jan-2021 04:47
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Did u see that, the recovery of MARA and SI speak well for the stock, , it is " OWB"   anyone knw what " OWB" stand for??? |
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cheongweevictor
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22-Jan-2021 04:11
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I have this premonition that this morning MASTEEL gg to soar ,,, | ||||||||||||||||||||
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cheongweevictor
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22-Jan-2021 04:08
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I miss one stock that go up 8X in 12 mth and 4X in 6 mths,, i make a promise that i wll not miss the next one,, i hope TIGR will be the one for me.. |
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cheongweevictor
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22-Jan-2021 04:05
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So many read but only 2 bgt?? hard to blieve,, or just click useful need to pay or what???   
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cheongweevictor
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22-Jan-2021 03:48
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  Living in Singapore, got in because Tiger advertises agressively with adds on major mrt lines in the city state. Knowing how hard it is to get a FinTech license here this one is likely to thrive. It is not seeking the easiest jurisdictions outside China first, which is a sign of strenght. And with a very experienced manager from Interactive Brokers on board they should know how to run this smoothly "   i share this,, Furthermore i expect them to more than double theirr revenue as 2020 was a good year for stock mkt, |
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cheongweevictor
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22-Jan-2021 03:23
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That is guesstimated , I am looking a long term tg of 87,, but that will be 2 yrs time, but if bullish then we will be nearer,,  that is 5X yr money,, stay vested,
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cheongweevictor
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22-Jan-2021 03:17
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How many got bring home TIGER?? u buy it..pls click useful,  | ||||||||||||||||||||
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cheongweevictor
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22-Jan-2021 03:09
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Those of u cannot afford to see even a 20% down,, shd not buy stock, go buy etf especially buddy like TA_expert.. seen like everytime stock drop he shout over here,,,
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cheongweevictor
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22-Jan-2021 03:05
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Another stock is set to soar sky high may be of interest to youl.. MASTEEL
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swordian
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22-Jan-2021 02:57
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I remember when I bought at 18 ish when it was shared here last Nov.
And it went down before heading up in Dec perhaps due to some news to hit the all time high.
There's potential and it's earlier time.
Partly Covid might have made it hard for them to market.
The trade volume is not high and not many might have catch up on this stock.
Anyways I will still continue to hold.
Believe this was shared as a long stock.
my 2 cents.
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Bongbong
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22-Jan-2021 02:56
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Looking forward to TIGR hitting 70+
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cheongweevictor
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22-Jan-2021 02:55
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TIGR is now my biggest part of my portfolio,, every 1$ move both way, is some few hundred K move, i hope u buy some.. and this the stock i dont follow the 3% threshold rule,, it is now much much more then the 3% i set,, |
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cheongweevictor
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22-Jan-2021 02:44
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Today i would like to bring tr attn to this stock i shr long time ago,,,it got potential for 2X in short term, APPS |
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cheongweevictor
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22-Jan-2021 02:42
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If base on gussitmate, i see MARA 10X stock if btc is 64K...pls buy some, same to all crypto stock shr here, MSTR SI RIOT  BLOK
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cheongweevictor
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22-Jan-2021 02:36
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U look at FSLY,, gone thro rocky road and end up today,, i believe goldendog and Mich 98 make lot of money here, trading the stock, i was sharing this very early in this thread or old thread?? i forgotten,,  |
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cheongweevictor
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22-Jan-2021 02:33
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U see MARA now recovering, and btc is at 32,, if btc go back to 40k,, it will definitely  take the price to way higher beyond than the previous high, and one shd be excited ,, not fear,, if u have confident on btc future, |
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cheongweevictor
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22-Jan-2021 02:29
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If u think it i slow, u shd cut loss and put on other ,, dont wait,, take a small loss, i dont see u in big losses.
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