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Sunday, June 24, 2018 10:55:09 AM
At first I hated the idea of the CEO posting on twitter, it seemed unprofessional to me. But I have been watching another company switching gears getting involved in crypto, but because most of what they are doing is in the background and not newsworthy it makes you wonder if they are still in business. So now, though I don’t like his comments sometimes (I like to keep things professional) I think keeping people in the loop via twitter is a good idea.
For those who complain about it being a one man show. I personally know a CEO of a small public company and he does just fine doing things himself; you have to keep costs down. I would like to see this CEO not pay himself unless the company is profitable, that could instill a little more confidence.
He is building for the future, but that doesn’t mean it will be a success. I’m sure much of the mining will be at a loss for now, but if can hold out for several months without selling, then sell when BTC/Alts move up then he’ll look like a genius. If BTC stays down like this for an extended period then it could be difficult to stay in business.
I think it all comes down to how long this company can last until Bitcoin moves back up again.
Recent INTV News
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