Binns Presentingnow at Euro conference. New coins coming in next few weeks. By xmas, double the number of coins offered. As soon as received license, talking with mid-sized financial institutions about offering crypto trading for their customers; revenue sharing agreement expected. Expect crypto trading market to settle with 5 or 6 players b/c smaller players cannot afford to apply for license and will be shut down by regulators. Will announce new auditor soon. NetPay will be their credit card (i'm guessing they entered a deal with Netcents Tech out of Vancouver), card is tied to users account so if your cyrpto account is funded, debits to the card taken from account, automatically converted to fiat when purchase made.
My takeaway for what its worth: BIGG has established a dominant market position in Canada. Through advertising blitz, smaller players shutting down, continuing adoption of crypto by merchants and individuals, Netcoins will grow fast. Entering US market will be hugely beneficial, as will listing on TSX and Nasdaq. Sp barely moving the past week, for me, is a bug signal. Keep in mind also that Invesco, which bought BIGG for its 2 crypto etfs, has only just started marketing these funds. As they get more investor dollars, they will want to keep current weighting of Bigg in their portfolios. This means there will be auto institutional buying. And as more ETFs are approved in US and Canada, I'm guessing Bigg will be included in portfolios. Potential downside: crypto disappears, which I'lcomfortable betting will not happen. Even Putin has now given the nod to crypto!