NFLX: Red 13 right on time!Hello, wonderful person!
Netflix was first founded in August of 1997 and since then growing with ATH May 15 2020
Capitalization today $187.14B in 23 years.
What can go wrong you ask? Well, from technical (sequential) perspective it is a red 13 on the Yearly timeframe, while from fundamental perspective the era of subscription-based streaming service with over 182 million paid subscriptions worldwide as of Apr 2020 coming to it's end. Some of you know that Microsoft and Netflix itself are adopting IPFS to drive a number of distributed computing use cases, but not many understand that Bittorrent with 300M users currently the biggest competitor in this field.
My friends laughed at me last week when they found out that I distribute torrents at night for $BTT. "Who uses torrents in our time when there is a Netflix?", - they told me. I guess soon we'll find out.
Regards.
