RE:RE:Big Shareholder here and i'm concerned areyounutts wrote: As far as Kash goes , they're basicly a one trick pony , yes they have bash and node40 , but there main business is bitcoin. Bitcoin being a loose cannon doesn't help , they're just as much in the dark as you are where the price of bitcoin ends up. But the ceo believes in the long run bitcoin will prevail , question is , how long is the long run. In the mean time I'll sell when it tops and buy when it drops ................................................ dro2017 wrote: I hold a lot of shares and i've been holding since it was in .20's range and i didn't sell in the .3 range because i'm long on this company but seeing it go down to .10 and then drop lower to .09 and then new low of .08 and then lower .07 is very concerning. I understand SEC is hearing out opinions of Bitoin ETF and i know that Roubini said “Crypto is the mother or father of all scams and bubbles,” Roubini told the U.S. Senate Committee on Banking, Housing and Community Affairs at a hearing Thursday.
I think he's wrong, their is a lot of potential but this company is underperforming. We are suppose to be generating 10-15 bitcoins a day by now. Which is a lot of money a day even if you sell it at $6000.
So why is the company loosing value? please provide an answer with a good explanation. Thank you
I would agree with that...if you follow BTC and the 9 month trend kash follows. No one knows where and when BTC is going to explode but IMO this stock will follow when it does. If your a believer in BTC and its potential.....just think what 2020 will be $$ wise and where this stocks SP will be....??? The risk reward is high. GLTA