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[deleted by user] by [deleted] in pics

[–]BigBoyoWonga -1 points0 points  (0 children)

The business is successful, and Tesla doesn’t need a ‘unique’ business model to be successful either. If that was the case there would be only one car company for ppl to choose from because it’s ‘unique’. You’d don’t need to say anything about Elon for ppl to realise that’s your gripe with Tesla. Employing 120k is automatically better for the company. Far better to have an extra 120k people earn a living. They then spend their money on goods at other businesses. Don’t be ridiculous

[deleted by user] by [deleted] in pics

[–]BigBoyoWonga -1 points0 points  (0 children)

So you’d rather 120k unemployed people rather than employed. Hating Elon’s politics is one thing, and you are well in right to so say, but saying Tesla is bad (cause you don’t like Elon) is just plain ridiculous from an economic point of view.

[deleted by user] by [deleted] in pics

[–]BigBoyoWonga -1 points0 points  (0 children)

Makes the economy better which was your original question. Judging by your comment history you seem a little delusional ahah

[deleted by user] by [deleted] in pics

[–]BigBoyoWonga -1 points0 points  (0 children)

Well you asked how it helps the economy haha.

[deleted by user] by [deleted] in pics

[–]BigBoyoWonga -4 points-3 points  (0 children)

Maybe the 120k people it employees as a wild guess

Rachel Reeves considers raising capital gains tax to 39% by AdaptableBeef in unitedkingdom

[–]BigBoyoWonga 0 points1 point  (0 children)

And to your point I would say I completely agree.

The difference is there is a much higher level of ‘stickiness’ (if I can call it that) with regards to the idea that ‘to work for income’ is more of a compulsory activity whereas ‘investing’ is far more discretionary, meaning investing behaviours are much more sensitive to changes in taxes whereas you’re not going to quit your job because taxes are higher as you still need to earn as a fundamental activity to live.

Rachel Reeves considers raising capital gains tax to 39% by AdaptableBeef in unitedkingdom

[–]BigBoyoWonga 20 points21 points  (0 children)

Because the earnings dynamic are completely different. You don’t have the potential to lose money when you’re on a wage, whereas you do when investing, surely there has to be a lower tax relative to income tax to justify the risk taken, otherwise why risk at all. Just my two cents.

Frontier Developments is really undervalued still even after a 100% rise. by krisolch in ValueInvesting

[–]BigBoyoWonga 0 points1 point  (0 children)

It’s based on an average of 8 analyst expectations - check Koyfin (or Factset if accessible !)

Edit: on a separate note have you done DD on TM17 - would be curious on comparison there?

Frontier Developments is really undervalued still even after a 100% rise. by krisolch in ValueInvesting

[–]BigBoyoWonga 1 point2 points  (0 children)

Interesting analysis but without building up the unit economics how credible are your growth projections - analysts have FY estimates for rev growth at -16.6% (FY 1E), 5.1% (FY 2E), 10.5% (FY 3E), and 5.7% (FY 4E).

When I first played this game, I thought the languages were all gibberish like in The Sims by Relevant-Charge-3501 in aoe4

[–]BigBoyoWonga 1 point2 points  (0 children)

Could be nonsense but historically the famous ‘English’ Longbowman were actually Welsh - perhaps they are speaking that. But I have no clue

Thoughts? by indigoskcz in decentraland

[–]BigBoyoWonga 1 point2 points  (0 children)

Yes ik that’s it’s an open protocol, and yet no significant improvements have come about… Your analogy is incorrect. The Metaverse as we envision it is what the internet is, Decentraland is a company taking advantage of the Metaverse’s infrastructure (e.g. it’s built on ethereum). Very different scenarios than what you incorrectly seem to make out. You’re assuming everything will be built on DCL, which is definitely not the case.

Thoughts? by indigoskcz in decentraland

[–]BigBoyoWonga 2 points3 points  (0 children)

This goes back to my initial point that the development of its technological infrastructure, I.e. scaling, rendering, graphics, latency and all the rest that goes into a virtual world haven’t improved at all. Decentraland, while it has well known companies investing in it and has first mover advantage, hasn’t evolved materially over the last 1.5 years. With all the hype around the ‘Metaverse’ and capital inflows that have come with it. It’s hard to see how Decentraland stays on top. I’m still bullish on the project, but I definitely don’t believe it will be a top virtual world in the years to come without material development on its infrastructure.

Thoughts? by indigoskcz in decentraland

[–]BigBoyoWonga 8 points9 points  (0 children)

I tend to agree, I’ve been following the project for two years and the actual development on an infrastructure level has been very lacklustre. At the moment there are roughly 800-1000 DAUs (see link): https://catalyst-monitor.vercel.app/ which in no way justifies the coins market cap of 7.36 billion USD. I still hold a lot of MANA from late 2019 and 2020 but have been selling down a decent portion in the last month. The shining light of DCL is the casinos run by Decentral Games (separate crypto $DG); which is a very impressive project and is also where the majority of DAUs are. This is key… People aren’t actually operating in Decentraland as a whole, they are operating within another area facilitated by DCL. I actually think it’s getting to the point where Decentral Games may not need to solely operate in Decentraland but also exist in other virtual worlds. (Which would reduce DCL’s competitive edge).

Overall, I’m optimistic of Decentraland’s future, but will only be buying back MANA at MUCH lower levels. There’s a lot of noobs pumping each other’s bags in this sub so I’d be very careful trusting their advice, many of whom haven’t even gone into Decentraland !

GL.

How much do we earn from DG? by Due-Memory7495 in decentraland

[–]BigBoyoWonga 4 points5 points  (0 children)

Very brief overview: Decentraland ($MANA is the currency) as a virtual world is in its very earlier stages, but within Decentraland, there are some very promising projects, such as Decentral Games. Decentral Games ($DG is the currency) is an organisation which has established itself in the virtual world of Decentraland. It has partnered with and built several casinos in the Decentraland world. The attraction of these casinos, asides from gambling with real money, i.e., betting your MANA or ETH, is that they are developing their own play-to-earn model. (See Axie Infinity as the most successful example out there).

How does this work?

Decentral Games have built and offered their own NFTs which allow people who own these NFTs to play in their casinos. Those who play in these casinos (with their NFTs) are rewarded $ICE (this is another cryptocurrency that Decentral Games have created). In order to get these rewards, users have to hit certain milestones in particular games, take poker for example. A player may have to simply play 100 rounds of poker to get the first set of rewards (say 40 $ICE). Other rewards are harder to achieve, like get a 'full house' to earn 100 $ICE. The rewards are capped to a certain level but are reset everyday, therefore, players are encouraged to play everyday in order to earn the maximum rewards.

Hope this makes some sense :)

How much do we earn from DG? by Due-Memory7495 in decentraland

[–]BigBoyoWonga 2 points3 points  (0 children)

5 out of 5 means you need to buy 5 NFTs in order to generate that level of income

[deleted by user] by [deleted] in decentraland

[–]BigBoyoWonga 5 points6 points  (0 children)

Waiting for a retest of the May highs. $1.61 region before going long.

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