RE:RE:Any predictions for this week? Impossible to call!
If bitcoin drops big time, all stocks related to a token or a ICO will suffer!
If it's the opposite, then we should to good and climb back to 0,50-0,60$
If you watched level 2 last week... you saw there was just nothing to sell on the ask up to 0,60$... a market buying order of 150K would have drove us to 0,60$!
So depends if the Dow gets slamed, depends if bitcoin gets slamed... depends if marijuana gets slamed ! Impossible to predict!
The only thing I can say is: APP drops when bitcoins drop and when marijuana drops...
But valuation in marijuana companies have absolutely no effect for APP! Does it changes anything if Aurora has a market cap of 4 billions... or 1 billions?? Absolutely not! The medical marijuana market will go on even if companies have lesser market cap! And the money we will make have nothing to do with the fact that growers are sold at 10X, 15X or 20X times their profit!
Absolutely nothing!
As for the crypto fear right now, the only impact for us is that we might raise a bit less money then hoped by management!
But to that, I say, hey, we have Sam Lee and Tony G on board... do you think the people they know see the bitcoin over?? These crypto bugs sees this as a buying opportunity.... they see the regulation as a good thing because great crypto are gonna survive and the bad one will disappear! Citizen green is a good token... GCAC has a global market with billions of $ of potential... so our token is a quality one, it's a token that will be usefull for a ton on companies, users etc...
When I see crypto being done for online exercices coachs, I wonder... who the hell is gonna use this! Another application can be developped in 2 months! ABSOLUTELY NO ADDED VALUES!
It's not the case with GCAC... we will have an application with infinite potential, that will be usefull and a necessity for government and pharme... our token will be use... that places our ICO in the top of the list!
So bitcoin or not, this will survive and become a standard for the industry! So yeah, I don't like seing what I am seing... but medium term, does this really impact our business plan?? Absolutely no!
That's what I think!
Good luck, hold on.... and with some luck, we might see the duldrum of the markets evaportate in few days!