I sold all my $NPC tokens for total to $250 (in BSV). Here…
I sold all my $NPC tokens for total to $250 (in BSV).
Here is the reason 👇👇👇 :
I had 15k $NPC out of 10m $NPC. That is 0.15% of total supply.
Numpty videos earn around $100 per episode. That means my earning per episode would be $0.15 (15 cents).
Replies
Number of episodes after which i would be able to earn the same $250 would be (1/0.15*250)=1600 episodes.
Assuming Numpties make an episode every week, i would be able to earn the same $250 only after about 30 years (assuming everything remains constant).
One can argue "But numpties viewers might grow exponentially leading to more earning per episode". While that is absolutely true (i hope too, deserved!!!), it would also mean the number of BSV users would be exponential leading to increase BSV price.
My conclusion is : BSV IS FAR BETTER INVESTMENT $NPC.
Please lemmie know if and how i am wrong!
Thanks to everyone for pumping $NPC.
$NPC is trading at a large premium rn. People are not reasoning its fundamental value. I might be wrong, but dont think so.
I am just trying to be a good capital allocator.
Economics 101!
What do you think?
@109 @2956 @931
I did the same sort of valuation for $REX1. My conclusion was it is at very very very high premium vs its fundamental value. I sold it at $0.89 per token. Not it is trading at $0.30 per token.
IGNORE AT YOUR OWN RISK!
$rex1 is worse investment than npc although since token will dissapear after few weeks lol $npc is speculation if platform takes off then price would obviously moon. but i doubt it will. Youtube is still best. Lbry wanted to be yt and it failed..
I'm glad you sold. Do what seems to make sense.
The pot is video rev (all future and past) and other things we might do (already books, T-shirts maybe next, etc.) so it's a bet on total value of Numpty stuff over X time period.
So as a "fundamentals" investor, you might say NPC post currently at ~3BSV after one week. At same pace thats ~150BSV/year. Maybe you think we'll be done after 3 years. Say ~500BSV is your estimate for pot. 0.15% of that is 0.75BSV, at today's prices $180.
But that's all guesses too. Viewers could grow/shrink. Video frequency could go up/down. Additional rev sources could be added (books, T's, special events, etc.), coins get burned as people redeem (making your % larger), could go more/less than 3 yrs, etc.
Finally, aside from fundamentals, some approach as a bet on what other people will bet. If you think fundamentals value is X, but you think there will be others who value it as >X, then you can treat it more speculatively. Much more dangerous game.
I feel really uncomfy with anyone thinking they will get rich driving a creator coin to a valuation way above what it could possibly achieve in revenue. We want to be as transparent as possible and show the way for creators to do some neat stuff.
Plus, we airdropped a bunch for free, so whatever you do with that is just a bonus. But I wouldn't recommend buying a bunch and assuming Numpties will do magic to make you rich!
We're gonna keep doing what we enjoy.
And no guarantees how long it will last or how many things we'll produce or whatever. If you think we're gonna get bored and hang it all up tomorrow, SELL!
Nobody should hold a creator coin if you're skeptical of the creator.
Regardless, this is fun and we're trying to poke and prod and explore what's possible with it.
If it stresses you out and it's not fun, sell your NPC!
I have no idea what it should be worth.
Fundamental value doesn’t exist.
Have fun staying poor.
Buy a telescope so you can view me on the moon.
What I actually mean is, I agree with everything Isaac said and I hope nobody takes my NPC pamp comments as nothing more than entertainment.
Also, it’s possible streamanity grows or numpties grow the revenue pot other ways in next two or three years.
Sorry you can't escape your legal responsibility that easy. alot of investors lost money because of your comment.
Our next video will have a price of $1M.
As soon as someone purchases it, we will have tripled market cap.
SHUA is crushing you guys, Hensley has more money than your country, I can only hold up NPC for so long before I buy the SHUA top ngl.
I don’t care what our price is compared to SHUA casino coin.
Sue me, Mr Hensley. @145 i want you in court.
yo he goin full creg again🍿👀
Notice I put "fundementals" in quotes. "Book value" might be more accurate.
Two or three years?
DAYS
Tripled is an understatement
You have to extrapolate the purchases to 10 years compounded daily
So about x*3³⁶⁵⁰ the marketcap.
Metadata. Someone’s done a robots.txt.
I think SHUA is propped up by USDC printing
@462 You seem to disagree about the position i took. You should educate us all. Could you please make a video on it? Very helpful. Thanks!
Will try. But need to formally ask @2956 to be a @16605 guest to get heavier on some details. Isaac, if you’re game I’d be happy to sharpen the ax on npc tokens? Otherwise I’ll just see if I can make a bet at the right spot to see how to grow me Relay stak
Yeah would love to.