Post by
Iseneschal on Nov 10, 2021 5:21pm
CSTR...... My take F.W.I.W
This deal is not like it used to be ......u know the "glory days" when Bitcoin was in it's infancy stage.... then a few years later a the "lid blew off" and peaked at around $64,000....ya ....we all remember. Well ....during that time CSTR et al the other Bitcoin deals were feasting on Investors appetites by doing cheap PP's....... well guess what...... all that cheap paper was sold to the investing public at way higher prices during the Bitcoin "glory days". The Shareholder base was heavily diluted....the CSTR float almost doubled.
All I can say now is....it's going to take a "White Knight" to rescue this...someone with deep pockets.... The other alternative ..... which is not "shareholder friendly"....would be to do a Reverse Split.
Now I'm not trying to ruffle anyones feathers here....I just liken the Bitcoin deals in the same school as the Pot Industry.... all those Pot deals are so diluted theyre going nowhere.
Just my 2 bits
I wish u all the best !
Cheers !