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Bullboard - Stock Discussion Forum Banxa Holdings Inc V.BNXA

Alternate Symbol(s):  BNXAF

Banxa Holdings Inc. is a Canada-based company, which provides a financial technology platform. The Company’s principal business activity is being a payment service provider to global cryptocurrency exchanges. The Company’s products include On & Off Ramps, NFT Checkout, OpenRamp and Token Listings. It offers extensive global and local payment options resulting in conversion rates up to three... see more

TSXV:BNXA - Post Discussion

Banxa Holdings Inc > What a difference a year makes
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Post by arh0070 on Mar 14, 2022 4:01pm

What a difference a year makes

Crypto markets and especially the stocks are pretty brutal right now .A year ago Bnxa was trading around 8$ and a million shares a day .Interesting to go back and look at the posts at that time ,pretty much uniformly bullish and extremely numerous .
Trading volume right now for bnxa is extremely low as is the volume on Coin and Voyager.
Stocks do not go down in a straight line so at some point in time there will be a retracement ,hard to predict when .
Interest rates are going up quite strongly and this combined with the geopolitical situation is impacting the general stock market and Nasdaq stocks in particular . 
There were predictions a year ago from the company quoted by someone who still posts here that TTV would be up a 1000% in a year .Sadly that prediction has not come true with transactional volume decliniing associated with the decline in the Cryptos which began just less than a year ago.
it will be interesting to see what the bnxa ttv is for Febuary which should be due soon .
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