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wollsmoth | 3 years ago

Just looking at the stock perf. They have high trading fees and still lose quite a bit every quarter. They need to figure out their business plan when trading activity is lower, or figure out some way to drive trading activity.

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rightbyte|3 years ago

It is hard to compete with ponzi scams while they are running. Maybe they will have a better chance now?

wollsmoth|3 years ago

I think they have an excellent chance of being the last one standing. Unless we learn that they have also been operating a scam. If all they do is run a reliable exchange and don't get hacked, as other exchanges fall they'll probably get more business.

But I think if public interest wanes, and crypto sort of becomes this amway for nerds thing, then they'll probably flounder unless they prune back their costs significantly.

lupire|3 years ago

Without ponzi schemes they'd have no customers.