Want a $1 Million Job in Crypto? How About Chief Metaverse Officer - They Are all the Rage
Metaverse technology has continued to be the rage among big-name brands that are now dolling out million-dollar paychecks to so-called "chief metaverse officers" to think up their metaverse adoption strategy.
According to a Bloomberg report, brands such as Disney, Proctor and Gamble (P&G), LVMH, Creative Artists Agency (CAA), Spanish telecom carrier Telefonica SA, and wedding-registry retailer Crate & Barrel are among giants that have invested in a CMO of recent.
These firms, while each having modified job descriptions for their CMO, are all making the appointment with a view not to be left behind in the adoption of the emerging technology. Hamza Khan, the co-lead of metaverse efforts at management and consulting firm McKinsey & Co.
McKinsey estimates that annual global spending related to the virtual world could reach as much as $5 trillion by 2030. Analysis by Gartner Inc. supports the position that the metaverse is the next big innovation with its forecast that one in four people will spend at least an hour a day in the metaverse within a few years.
Despite the "digital FOMO" trend, companies are still treading cautiously in their metaverse adoption as the sector is yet to prove itself to be a big earner. Bloomberg found that it is presently not uncommon to see newly named chief metaverse officers having additional responsibilities in order not to constrain company resources, although their paychecks still run into millions in some cases.
Information source:
https://cryptonews.com/news/want-a-1-million-job-in-crypto-how-about-chief-metaverse-officer-they-are-all-the-rage.htmHorey Sheit!!!!
Are you lost?
Is the word bitcoin in your post at any location? Have you heard of bitcoin, Rehan Zakir? Do you know what is bitcoin?
Performance of a few major indices since the COVID bottom.
Bitcoin: +201%
Commodities: +86%
Nasdaq: +62%
Russell 3000: +60%
Gold: +7%
High Yield Bonds: +4%
Long Duration Bonds: -33%
Source.The supposed appreciation number for bitcoin does not seem to be anywhere in the ball park of correct (except directionally), because if you are looking at the actual bitcoin bottom in March 2020, then that bottom price would have been $3,850, and today's bitcoin price is right around $19k. So I calculate that to be around 494%.. which is nearly 5x.. rather than 2x.
So bottom must not really mean bottom. Bottom means something else, right?
Another way to calculate would be to say that there are $15,150 in profits (which is $19,000 - $3850) then divide that $15,150 by $3,850 to get 394% in profits, but even if we get a lower number to count profits as a percentage of the initial base amount rather than appreciation of the base amount, that still does not get us down to the seemingly lowballing 201% that is described as a NOT bottom..
If we remain unbiased, what's the most rational probability that we already have the bottom on BTC ?
Based on :
- We are only at 10% (down) from the actual bottom (17.6K$)
- Didn't see any REAL and CONVINCED bounce since 69K ATH (no Jayjay... quick bounce at 25K$ for such small time, i dont call this a bounce).
You are looney to be attempting to pre-empt me by trying to act as if you know what I am going to say and then attribute some kind of bullshit lame strawman argument to me, when I have not been saying anything even close to that.
Just because you get so excited in your desires to puke up lame bear arguments - should not amount to my making overly bullish (hopium-based) arguments, because even if you may well be more bearish inclined (and possibly more "realistic") than me, that still does not even come close to suggesting that I would have been making any kinds of arguments to suggest that we have had much if any bounce since we hit $17,593 in mid-June.
I am not really claiming to know much if anything beyond having my hunches, similar to other folks here - yet there were several times in the past few months that I had been suggesting that we likely were going to need to get back above the 100-week moving average before I would start to feel comfortable that the "bottom was in" which has been between $35k and $37.5k... and since we had been hovering down below the 200-week moving average so long, surely I have been thrown off by our having had gone so low for so long coupled with several other real world factors that have down drawing effects on BTC prices, including but not limited to some of the overly leveraging purges going on, the froth in the shitcoin space (including but not limited to Ethereum merge nonsense and NFT crappola), macro factors that relate to purposeful efforts to reign in investment (consumption) froth (and inflation), and perhaps some other factors that I am not currently thinking about.
Just need to unscroll the chart and it's looks so obv.
Call me a waffler, but I have never in my life seen a chart that seems obvious regarding where we are going, even though they have tendencies to show us fairly clearly where we have been. hahahaha.. the future is yet uncharted, even if it appears "obvious" according to uie-pooie and other sorcerer wannabes.
- I know some here are not agree on it regarding the macro situation, but please.. the probability we have the bottom on the SPX, NASDAQ or other are very low right now. If we go -10% - 20% (mean the SP500 at 3000), so most probably even more down on the Nasdaq100..
What's happen on BTC ? We should be virgin to think BTC will hold 17.6K on these very probable situation (and usually more downward on BTC).
It might go below $17.6k and it might not. If it does go below $17.6k BTC, then after the fact, it will look fairly obvious that it was going to go below such price point. But right now, before it actually goes below such price point, it is not obvious whether it will go below such price point or not, and that is part of the reason why the future is not certain and we cannot put 100% on black.
It's clearly not a thing I want to see (except of keeping buying every 1K$ down on BTC from 15Kish),
Whoaza!!!! You are waiting until $15k and lower to start buying? Horey sheit!!!!
Hopefully, you have not neglected in pee paring ur lil selfie for UPpity too?
You should recall one of the basic tenets in dealing with my lil precious (aka King Daddy, aka honey badger..
and other cute and endearing lil names, too) is that you better not presume too much, which means making sure that uie-pooie are adequately and sufficiently prepared for UP too.. not just preparing for down.. otherwise, you might get ur lil selfie a BIG wee widdow surprise and fewer cornz in the present, even if you thought that you could see the future before it had happened to happen.
but we really should be prepare to this situation and maybe see temporarily 10K$ (or less?) if these levels happen on SPX and cie.
What odds are we giving such $10k or below? You realize that the level of our preparation should be apportioned to the level of odds that we are giving to such scenarios.. and so that preparation should be both financial and psychological... and how high we going to go with such preparations? Sounds like you are giving such scenarios pretty high odds, especially since you found it to be so important to elaborate on such ideas that you consider to be reasonably within the realm of possibilities.
Based on that I see less than 10% we have the bottom on BTC now.
Another wow.. you are saying that you consider 90%-ish odds that the bottom is not in.. so maybe you are even inclined to short since you are so confident.. and maybe you would like to place some kind of a wager on your odds.. i am probably around 50/50 for breaking below $17,593, but if you want to bet on something like $15k being reached, it seems that you are giving something more than 50% on $15k being reached, and that might actually be bettable from my perspective.. and of course working out the terms would not be easy.. because many times guys will spout out similar kinds of nonsense like you and assign stupidly high odds to certain kinds of bearish scenarios that they say, but they will be no where to be found when it comes time to actually placing some kind of value or even to put reputation on the line in regards to making some kind of bet that includes such odds that they have actually assigned to the supposedly soothsayer bearish scenario(s) that they will not back up.
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