Discussion about the exchange, page-9

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villn808

569 Posts.

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04/02/18

12:00

Post #: 30803431
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Originally posted by Raggertooth ↑

Why would you do that @mordacai11 ?

If anything, when this stock comes out of suspension I will be buying more. If the share price goes down the better.

So why would I do this you may ask??

Think about it. Everyday banks and currency exchanges all around the world are making money from commissions. No matter what happens to the value of those currencies, people still need the exchanges to have cash to travel.

The value of Crypto Currencies is that it removes the “middle man” and enables people to quickly exchange a crypto currency for an item or service.

Bitcoin, Ethereum and other ALT Coins are already being used for purchasing items. Anyone travelling through Brisbane airport can now purchase items using Crypto. Do a search on the internet and there are organisations accepting crypto.

Winding Tree has launched their ICO to release a coin for the travel industry and is supported by major airlines.

As some of you know BeefLedger is launching to protect the Australian beef industry and is also involved in other projects in similar industries. CEO Warwick Powell is also consulting on the BPG project.

All of these require an Exchange. Either to exchange cash into crypto or to exchange an existing coin into another.

An exchange will always make money.

And for those who think that Crypto is a ‘has been’, it has been around a lot longer than most will realise. The popularity and adoption means that it is on the cusp of becoming mainstream.

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I don’t think many people disagree with this. But I don’t think BPG have what it takes to take advantage of any of it.

I don’t see them getting this exchange off the ground.

What have they shown us in the last 6 months to prove they can?

Nothing. So zero confidence to invest another cent with these guys.

BPG Price at posting: 0.9¢ Sentiment: Buy Disclosure: Held
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