Big Shareholder here and i'm concerned 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