Post by
ScarletSpider on Jun 04, 2024 4:55pm
Bigg Will Likely Be Multiple Dollars Again
because of its security arm of the company. As crypto moves to being seen as more and more legitimate where people who try to hide their assets to avoid paying taxes will no longer be able to do so because law enforcement agencies are provided the necessary tools to catch them using less manpower and lost time utilizing software from companies like bigg it will continue to pay dividends as being seen among companies who offer this tech.
Big is also keeping things legitimate and above board working with companies like Napster to provide any and all types of entertainment files on a secure and legally recognized block chain technology where given the company is huge on legal and above board dealings it will continue to be broadly recognized as a trusted company with legitimate tech.
Any company that works to have things government regulated and continues to go mainstream with the becessary block chain technology that keeps peoples accounts safe and secure will see excellent gains.
No doubt part of a companys value also is being able to provide tech that can support a wide range of tokens be it bitcoin ethereum etc etc in a very seamless and efficient manner and from what i understand that this company offers these things.
As things become more and more regulated and those companies who are and have been developing their tech with this in mind will soar. Trading of cryoto and having platforms that allow for it is only part of any worth the bigger worth will be seen in companies like this one as it continues to do what is necessary to grow in a legal acceptable and legitimate way.
From what i see here with at least three plus streams of revenue trading where it is it is way worth buying into and why after folliwing this company on and off for quite some time i bought in. The driving force for me are primarily 2 things legality and environment. I have talked about the legality quite thoroughly that is as huge for me as is environment. It is tine people who have accumulated massive wealth in cryoto and who skirted paying taxes pay them!! Those whose wallets were stolen from that is very unfortunate but that was and continues to be the case as this going from the proverbial lawlessness of the West is transformed into having laws carried out by the sheriffs.
The environment is massively huge to me and i look into companies that not only have things used for greener energy but green the process as well. Prior to learning that despite mining being massively energy consumptive the tech evolved to the point that crypto mining utilizes run off energy from power plants which would have otherwise been wasted which i really loved. In fact, the tech is known to use less energy than what is used to print currency that is those tech that use flaring and run off energy from power based structures that mine. Even so i am not a crypto lover and would prefer to deal in physical currency not going cashless via crypto although inevitably as much as i dislike that thought there is a good possibility i will see it in my life time i hope not but if it does no doubt to further all this the banks will need to pick and chose among the best and most reliable tech out there and this is where the value of any companys tokens are in the block chain platforms. There are lot id worthless currencies that gain whatever value via being traded on custodial platforms and derive value based on transactions and very little else however i suppose those that are worth more have been priced according to their accompanying companys tech. If not than it is all junky perceived value based on nothing tangible. The value is in offerings like bigg that there is real life application backed by the tech and its platforms.
I think btc is way over valued based on scarcity not a huge fan on crypto valuation on those that havent done anythibg oractical to be worth where they are valued but it is what it is. I personally look for companies like this as well as something like Bitcoin Well that is kooking to break up the custodial aspect of crypto and making the process easy enough so as not to need more knowledge than an amateur. I read that going the non custodial route requires certain amount of knowledge but when being able to understand and do so as to my understanding the wallets are more secure and lower fees.
All this shiate goes over my head i am like Buffet when it comes to tech however if what i read makes sense and i fet a feel where that tech is going and management is good i put money into those companies. This looks like a well managed company has excellent tech as far as my very novice knowledge is...you wont have government arms coming to you if you didnt as well aa Napster plus this company has 0 debt. Again i bought in at this point because the price is quite attractive in what the company has achieved and working towards. As a lay person undervalued...but this is an opinion.
I like what i see and will manage my shares accordingly to nake as much profit as i can and as little losses too.
I will give my best opinion meaning i am not here to pump or bash this or any other stock but for under .20 for what we have one cant go wrong. I love what i see and like i said i have been folliwing on and off and it just so happens i finally decided to buy in and happy to do so.
To the poster talking about .10 or less while anything is possible i will say good luck for what this company has you will be waiting for quite some time.
For those who are frustrated at the current price times are tough with the high inflation rates which need to come dowb along with other geopolitical things coming to an end which will be helpful however things are always happening globally and as a result it comes down to managing your shares. A company like this trading less than 20 is a no brainer to me in all the value that is here.. i dud say it will be multiple dollars just exactly where it fell from because of tge value built up here and the ongoing issue to orovide safe and legal tech that will be broadly adooted. The multiple dollars will not come over nught but is quite possible within 3 years (not saying in 3 years) this year folks will be a write off rate cuts will not likely come until late early ro late fall and even if there is a cut it will not likely be more than once at a quarter of a percent but i do believe one will come later this year.
The halving also will play a factor every year around Narch April from what i recall when it seemed to happen. When people sell on softness it may be the time to buy. If this can hit .30 to .50 this year that wont be too bad even while i get many want to see it return to the $4 or so it fell from. It will get back in time.