Evolving Valuation Methods Satis, which has offices in New York and San Francisco, uses a combination of three valuation models to arrive at their predictions: top down, peer-based and bottom-up. These take into account the global quantity of money, crypto adoption rate and discounted cash flow. But the firm cautions that the valuation method for cryptos is still evolving. "In an entirely new asset class, consensus around valuation methodology is still evolving. Traditional securities like stocks and bonds are often valued based on their cash streams to securities' holders, typically using either a DCF or multiples approach relative to the cash streams," said the researchers. They add that "as the industry matures, fundamental valuation techniques will begin to more closely approximate trading prices." Articles by Marvin Dumont: Starbucks, Microsoft Back Bitcoin ETF And Stakes Are Huge Bitcoin’s Rise Reflects Governments’ Failure To Stabilize National Currencies ShapeShift To Require Membership Amid Regulatory Concerns Disclaimer: The views and opinions expressed in this article belong solely to the author. Information contained herein should not be construed as investment advice.
"Despite the broader bitcoin and crypto bullishness, the report’s predictions for tokens like Bitcoin Cash, XRP and application-specific utility tokens are quite downcast." https://t.co/KI6TYZliX4— Satis Group (@thesatisgroup) August 31, 2018