Spot on sponge. Totally agree.
I am so sick of the negative comments.
Just check out recent announcement - New platform Bakkt.
Partnering with Microsoft, Starbucks, BCG.
Product to launch in November subject to regulatory approval.
Mission - make bitcoin a mainstream financial asset.
Worlds biggest stock exchange operator (NYSE) is launching a bitcoin market.
Intercontinental Exchange (ICE), parent of NYSE, is a respected and big player in finance, will serve as custodian for all assets stored on the Bakkt platform.
Bakkt will Integrate with ICE wIth U.S. futures market and clearing house to lIst a physically-settled (very Important dIfference) one day bitcoin futures contract.
This will help alleviate the concerns Institutional Investors have had in the past and may lead them to be less hesitant to allocate monies to this burgeoning asset class.
In my opinion, thIs all leads to mass adoptIon and it Is not a Matter of if this will happen, but when this will happen.
IMO - Be patient and dont lose sight of why you originally Invested In this sector and you will be rewarded in companies Like FGF In the future.
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