Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.
  • Home Home Home, current page.
  • About

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?
    New to Twitter?
    Sign up
HideNotSlide's profile
Hide Not Slide
Hide Not Slide
Hide Not Slide
@HideNotSlide

Tweets

Hide Not Slide

@HideNotSlide

Helping investors become smarter & more informed about exchanges.

LOST IN THE CITADEL SECURITIES
joinfrontmonth.com
Joined December 2014

Tweets

  • © 2021 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list

    Under 100 characters, optional
    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    1. Hide Not Slide‏ @HideNotSlide May 17

      I bought a *very small* starter position in Coinbase $COIN this morning at ~$240, and am willing to buy more if it continues dropping from here. Here's my rationale:

      1 reply 0 retweets 10 likes
      Show this thread
    2. Hide Not Slide‏ @HideNotSlide May 17

      First, the short term. $COIN trades at ~$63 billion market cap @ current prices. I conservatively think they'll earn ~$4.7 billion in revenue & ~$2 billion in net income this year (model snippet below):pic.twitter.com/tjycpkOrlK

      1 reply 0 retweets 3 likes
      Show this thread
    3. Hide Not Slide‏ @HideNotSlide May 17

      My volume projections are still pretty conservative given YTD performance. Volumes would need to fall off a cliff for Coinbase to not hit $5 billion in revenue this year. Possible, but unlikely.pic.twitter.com/1asD7MzJ9b

      1 reply 0 retweets 1 like
      Show this thread
    4. Hide Not Slide‏ @HideNotSlide May 17

      At $5 billion in revenue & conservative 45% net margins, $COIN is currently trading for ~27x this year's earnings. Certainly not nosebleed valuations considering where it IPO'd.

      1 reply 0 retweets 2 likes
      Show this thread
    5. Hide Not Slide‏ @HideNotSlide May 17

      This year may very well be an anomaly volume-wise, but NO ONE knows what steady state crypto volumes should be. In the absence of a good long-term forecast, I turn to the Virtu principle: $COIN is now a "cheap" crypto vol call option.

      1 reply 0 retweets 2 likes
      Show this thread
    6. Hide Not Slide‏ @HideNotSlide May 17

      Another benefit of owning $COIN is I can be long crypto vol without betting on a particular coin. Bitcoin out of style? No problem, Ethereum made up a big % of Coinbase volumes last quarter. Etc etc with smaller coins in the future.

      1 reply 0 retweets 7 likes
      Show this thread
    7. Hide Not Slide‏ @HideNotSlide May 17

      Hide Not Slide Retweeted Alex Good

      There's also the Coinbase user growth angle to consider, which has been strong as of late. Top position on the app store gives us clues:https://twitter.com/goodalexander/status/1392917656160833546?s=20 …

      Hide Not Slide added,

      Alex Good @goodalexander
      I just bought a small $COIN vs $MSTR trade into Coinbase EPS. Binance DOJ investigation is probably source of incremental inflows. App has been glued to #1 finance app in US, top 5 in US for weeks. Big sell off for known reason (ARK unwind). Also @nope_its_lily said it'll beat
      Show this thread
      1 reply 0 retweets 1 like
      Show this thread
    8. Hide Not Slide‏ @HideNotSlide May 17

      Can it keep going down? Absolutely. Could volumes dry up? Absolutely. Is it cheap enough now to take the risk? I believe so. Questions/feedback welcome.

      6 replies 0 retweets 4 likes
      Show this thread
    9. xwallstx‏ @xwallstx May 17
      Replying to @HideNotSlide

      $COIN and other charge a spread on each crypto trade. Shouldn't these spreads compress overtime, perhaps significantly? How are you modeling this? Thx and good luck.

      1 reply 0 retweets 1 like
      Hide Not Slide‏ @HideNotSlide May 17
      Replying to @xwallstx

      This is a good call out & is $COIN’s primary long term risk. Potential scenarios: 1) strong volumes balance/outweigh fee pressure 2) A strong retail brand can come with pricing power for a while 3) institutional biz grows & comes w/higher fees

      8:19 AM - 17 May 2021
      • 1 Like
      • MrE2All
      0 replies 0 retweets 1 like

      Loading seems to be taking a while.

      Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

        Promoted Tweet

        false

        • © 2021 Twitter
        • About
        • Help Center
        • Terms
        • Privacy policy
        • Cookies
        • Ads info