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nnvcfan

06/14/24 4:01 AM

#220097 RE: mfaphoto #220096

Software is usually costly to write initially, and relatively low in maintenance cost, unless customer needs, regulations, and rules change constantly. Of course, there's also research, innovation, and development. A&M also takes money. If management is efficient, honest, and doing a decent job, net earnings should be very substantial. Management's broad knowledge of blockchain, cryptocurrency, updated knowledge about the market and various products (coins and tokens), algorithms, operation of exchanges, architectural structure and integration of all parts and functions are also key. Just my opinion. Correct me if I'm wrong.
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nnvcfan

06/14/24 4:20 AM

#220098 RE: mfaphoto #220096

I have the impression that blockchain based crypto-exchange business is a whole lot more complicated and challenging than Online shopping, logistics, or social media software. One area that is of prime importance is customer security and insurance, etc.
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jrsh

06/14/24 7:39 AM

#220101 RE: mfaphoto #220096

The REAL big question is how did they calculate the value of those cryptos???

Is it just a fantasy calculation with little correlation to the market value, and i think right now the market is anticipating this, or is it all or partly close to market value! But if this would be the case we would probably trade way over 10 cent right now and buyers would have absorbed all the selling we saw the last 2 weeks easily!!!

They have avoided to make such a statement so very likely we can expect a disappointment here!
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shotsky

06/14/24 8:03 AM

#220102 RE: mfaphoto #220096

They are renting data centers. That ain't cheap.