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BBKCF - BIGG Digital Assets Inc.

Posted on 4/12/21 at 4:29 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10399 posts
Posted on 4/12/21 at 4:29 pm
BIGG Digital Assets Inc. - BBKCF has massive potential for large gains and has the potential of being bought out. BIGG owns two companies: Blockchain Intelligence Group (blockchaingroup.io) and Netcoins (netcoins.ca).

BIGG is aiming to be the first or one of the first government licensed and regulated crypto exchanges. This is a major barrier of entry for others and a boost for BIGG once licensed.

QLUE
BIG has developed a Blockchain-agnostic search and analytics engine, QLUETM, enabling Law Enforcement, RegTech, Regulators and Government Agencies to visually track, trace and monitor cryptocurrency transactions at a forensic level. QLUE already has large government contracts in a field that not many on the planet can compete with. In fact, QLUE is the only publically traded company in existance in this field.

Article on the importance of QLUE for the future of Blockchain going mainstream.
Linkedin

Netcoins
Netcoins is their Canadian crypto brokerage that is experiencing explosive, exponential growth similar to Voyager (GYGVF) and Coinbase (COIN).

Jan 4, 2021:
- Netcoins Trading Volumes Grew 1070% in 2020

Feb 23, 2021:
- Monthly Active Users has grown by 41% MoM
- Assets Under Custody (AUC) has grown 69% MoM

March 2, 2021:
Netcoins Announces Daily Revenue Grew 54% Month over Month in February 2021.

Bigg also holds 300 Bitcoins worth $18M.

Their US release is coming in the future also.

Links
Baystreet Article - BIGG is making waves globally

Seeking Alpha - Bigg underdog becoming alpa

FRC Research (@frcorp) initiates coverage on @BiggDigitalCo with a BUY rating and $5.11 FMV. FRC Research - $5.11 price target

Youtoube - CEO interview about BIGG

Posted by Iowa Golfer
Heaven
Member since Dec 2013
10230 posts
Posted on 4/12/21 at 4:43 pm to
A couple of points you might wish to consider.

This statement: "BIGG is aiming to be the first or one of the first government licensed and regulated crypto exchanges", requires some additional research. Government licensed by which government agency? And there are several other crypto exchange already government regulated as it regards the derivatives. And some pure crypto exchanges are already required to KYC.

I posted a chart in the other thread about forward price to sales ratio. Also posted as it regard Voyager by others.

I'm as bullish as one could get on BTC, mostly due to Gensler, and what he is almost guaranteed to do.

If one is bullish on BTC specifically, and crypto and related technology generally, why would one buy a stock when you could own the asset at a lower cost to trade and carry, and you can now hedge (protective puts) at an exchange where counter party risk is guaranteed by the clearing house, and not the counter party? Meaning they are already government regulated, and to a large extent, have already been picked as winners by FedGov.

It is easier to just buy BTC at whatever entry level you find reasonable, and purchase protective puts to insure your gain, than it is to pick a winner out of countless number of crypto related stocks. I'd go further and say safer, and proably more prudent.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10399 posts
Posted on 4/12/21 at 5:01 pm to
quote:

This statement: "BIGG is aiming to be the first or one of the first government licensed and regulated crypto exchanges", requires some additional research. Government licensed by which government agency? And there are several other crypto exchange already government regulated as it regards the derivatives. And some pure crypto exchanges are already required to KYC.



It is only in Canada currently.

quote:

I posted a chart in the other thread about forward price to sales ratio. Also posted as it regard Voyager by others.


That is a miner comparison chart you posted. Netcoins is an exchange. Comparing it to Coinbase or Voyager are much better comparisons.

quote:

If one is bullish on BTC specifically, and crypto and related technology generally, why would one buy a stock


Jan 4, 2021:
- Netcoins Trading Volumes Grew 1070% in 2020

Feb 23, 2021:
- Monthly Active Users has grown by 41% MoM
- Assets Under Custody (AUC) has grown 69% MoM

Also, tax advantaged stock accounts and asset protection. Most retirement and investment accounts are covered by SIPC insurance, which will reimburse you up to $500,000 if your brokerage firm fails.

Posted by go ta hell ole miss
Member since Jan 2007
13626 posts
Posted on 4/12/21 at 6:07 pm to
quote:

Netcoins is an exchange. Comparing it to Coinbase or Voyager are much better comparisons.


Are these companies eventually going to start undercutting each other on costs to gain market share and shrink margins? Similar to the way no fee trading was done to the TD and Fidelity’s of the world.
This post was edited on 4/12/21 at 6:14 pm
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10399 posts
Posted on 4/12/21 at 6:50 pm to
quote:

Are these companies eventually going to start undercutting each other on costs to gain market share and shrink margins? Similar to the way no fee trading was done to the TD and Fidelity’s of the world.


I would assume so, but there is so much growth in this emerging sector that it should be a good while before we see it. Voyager's CEO stated that we are in the top of the second in with regards to crypto adoption.

Stocks total $88 trillion market cap globally
Bonds total $40 trillion in the US alone
Gold $11T
Apple $2.2T
Crypto $2T
Posted by go ta hell ole miss
Member since Jan 2007
13626 posts
Posted on 4/12/21 at 8:44 pm to
I am in Voyager, so not being critical. It just seems inevitable that it will cut into margins eventually. I am hoping there is still a lot of upside.
Posted by el Gaucho
He/They
Member since Dec 2010
52975 posts
Posted on 4/12/21 at 9:27 pm to
I think crypto is cringe but I’m invested hard in crypto companies

Just like I thought a lot of at picks were cringe but invested hard in them and made money

Can we eventually get back to a stock market where you invest in companies you like and make money? I knew I shoulda invested in crox after the crash
Posted by Who_Dat_Tiger
Member since Nov 2015
17441 posts
Posted on 4/13/21 at 10:02 am to
I’m in for 350 at $3.50
Posted by TexasTiger34
Austin, Kind of
Member since Mar 2008
11338 posts
Posted on 4/14/21 at 3:27 pm to
ouch
Posted by Stagliano
Member since Dec 2020
1653 posts
Posted on 4/14/21 at 3:37 pm to
I got slaughtered in this today. Hopefully it doesn't take a month to recover
Posted by DeepDivinCrankbait
Member since Aug 2016
8 posts
Posted on 4/19/21 at 7:48 am to
This is going to pop today.
Posted by GeneralLee
Member since Aug 2004
13104 posts
Posted on 4/19/21 at 8:20 am to
Not sure, this could be a "sell the news" event like what happened with Voyager's reported numbers last month.

Member since 2016 and 1 post? Wow!
This post was edited on 4/19/21 at 8:29 am
Posted by Stagliano
Member since Dec 2020
1653 posts
Posted on 4/19/21 at 9:32 am to
quote:

This is going to pop today.


I can't handle much more popping
Posted by tigerfoot
Alexandria
Member since Sep 2006
56278 posts
Posted on 4/19/21 at 10:30 am to
quote:

I can't handle much more popping

I am not feeling like it popped
Posted by SkinnyTestaverde
Fort Lauderdale
Member since Dec 2009
401 posts
Posted on 4/19/21 at 11:05 am to
Lol
Posted by Hogwall Jackson
Denver
Member since Feb 2013
5055 posts
Posted on 4/19/21 at 11:27 am to
Is popping good or bad..?
Posted by DeepDivinCrankbait
Member since Aug 2016
8 posts
Posted on 4/19/21 at 12:00 pm to
For sure, I think I underestimated the amount of short term/ quick profit type investors involved in this stock that would sell the news.
Also think that this will somewhat follow the ebbs and flows of BTC price even though Netcoins, as with any broker, will make profits based upon volatility not necessarily price.
Posted by tenderfoot tigah
Red Stick
Member since Sep 2004
10399 posts
Posted on 4/19/21 at 2:34 pm to
Posted by PUB
New Orleans
Member since Sep 2017
18209 posts
Posted on 4/19/21 at 7:06 pm to
Interesting how everything is just get rich quick
Posted by LSUguerilla
Baton Rouge
Member since Oct 2003
608 posts
Posted on 4/20/21 at 12:00 pm to
How low is this getting? entry point?
Whats the thoughts on this in the next month...
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