Ann: DigitalX enters JV with US Investment Bank AmerX, page-18

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Catbaloo

58 Posts.

24/11/18

11:17

Post #: 36626391
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Originally posted by iminvestor101: ↑

I got Amerx confused with another company, so my mistake.

The problem about your whole STO love affair is that it goes against the whole idea of decentralisation, which was supposed to be the big appeal for cryptocurrency. Instead now you have the institutional machine all over it. They will be making a killing and the scraps will be left for retail holders because they will do what institutions do best- charge excessive fees and get a stake of X business on the cheap. Besides, the STO space is in very early stages still so whether there will be any growth in it that DCC will capitalise from is unknown at this point. And all the costs associated with it, just doesn’t realise the free transactional nature that crypto’s were once supposed to have...

I just can’t see any compelling reasons for investment in this company, and the market agrees, just look at the DCC chart. I suppose if you’re DCC you would have to move in on ICO 2.0 (STO’s) with the hopes that some of the fee revenue will be coming their way...

I like seeing people make money, which is why I hope some people might see my “downramping” as more of a cautionary statement about any company. And I genuinely feel sorry for some people on this thread who take big positions at 6.5 and enjoy a glimpse of a rise and then be brought back to a disappointing reality.

I rather have someone on a thread downramping than reading posters $1.00 calls. Sounds like you would prefer the latter...

GLTAH and please DYOR

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its sad that you dont understand STO and its purpose

DCC Price at posting: 6.5¢ Sentiment: Hold Disclosure: Held
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(20min delay)
Last 5.2¢		Change 0.000(0.00%)		Mkt cap ! $45.05M

Open	High	Low	Value	Volume
5.3¢	5.3¢	5.1¢	$34.42K	655.9K

Buyers (Bids)

No.	Vol.	Price($)
2	17321	5.1¢

Sellers (Offers)

Price($)	Vol.	No.
5.2¢	69022	1

View Market Depth

No.	Vol.	Price($)
2	17321	0.051
3	124119	0.050
3	195408	0.049
2	158823	0.048
3	265869	0.047

Price($)	Vol.	No.
0.052	69024	1
0.053	231116	4
0.054	591296	4
0.055	368867	5
0.056	1051755	8

Last trade - 11.39am 08/11/2024 (20 minute delay)

DCC (ASX) Chart

Ann: DigitalX enters JV with US Investment Bank AmerX, page-18

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Ann: DigitalX enters JV with US Investment Bank AmerX, page-18

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