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09:28
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Originally posted by Graphite101
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Slightly incorrect - not all of these stocks getting hammered - my other BC stock is doing extremely well however has far more going on right now than OOK for example, it has a 27% stake in a crypro currency exchange in Singapore and 51% ownership of a crypto mining business so it really comes down to what OOK have in the way of assets today - therefore think its just the market calming down as greed and hype can overtake reality sometimes when it comes to new technology - tier 1 organisations like banks havent even taken on Blockchain yet as they only trialling it so next year 2019 will be bigger for blockchain as more institutions adopt it - it could create job losses and affect existing systems getting replaced as it is more efficient in its form so there are a few things to consider by these organisations than just the obvious -
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Yeah, you missed my point. I didn't mean the crypto/ blockchain specs listed on ASX are getting hammered. I mean every crypto like Bitcoin, Ethereum, Ripple, Tron etc etc etc that are listed on the crypto exchanges. It really pays to be abreast of what's happening in that space as like I said, whether it has a direct link to ASX listed stocks IMO it will have an impact and today we shall see just how much.
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