Post by
milstogo on Apr 23, 2021 9:33am
BIGG SHARE PRICE NOT RELATED TO BITCOIN PRICE!!!
Wish uninformed people would stop posting that BIGG share price will go down because Bitcoin and other cryptos are going down.
Some simple DD for you.
For mining companies like RIOT, MARA, ARGO and others etc., their profits are directly effected by the price of Bitcoin or whatever crypto they are mining as that's how they make their money. If the price of the crypto asset they're mining goes down their share price suffers.
It's very simple... Mining companies are mining the crypto whereas BIGG provide's the tools needed to trade it.
(BIGG IS NOT A CRYPTO MINING CO.)
NetCoins revenue model is solely dependent on trading, where a percentage of every trade is booked as revenue
Highly volatile days for Bitcoin, and other crypto assets drive hgiher trading volumes and higher revenues even if the assests are trending downward.
Comment by
monarka on Apr 23, 2021 9:39am
100 % People need to realize that BIGG is not a Minning stock .. If anything they are working with law enforcement,goverments and banks to regulate and put order to the Crypto market . With all the news this week we shgould be a min $4.00