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RE: Hive Meetup Vienna Report 07.07.22 / Wiener Hive Stammtischbericht vom 07.07.2022 [EN/DE]

in #hivemeetupvienna3 years ago

Oh no! they covered it up? I hope you guys had a nice time and also hope to make it to the next #hivemeetupvienna also going to read about @winalab now
let me know

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Yes, I guess bitpanda could not pay for the wall anymore...

That seems fair since they fired a lot of their workforce...
Seems a bit odd to me but tat is what happened to other exchanges as well...

They were growing too fast.

That and they where not prepared for a bear market... their own ecosystem token lost a lot of its worth too...

Nobody is prepared for a bear market.

Bitpanda was IMHO a quite clumsy in handling the last bull market. I mean, they are already around for a while and not only survived one bear market, but actually continued building through it and thrived. Seems like once you reach unicorn status, you have to play differently and throw away some principles, which got you there in the first place.

Seems like it, I mean they will not go bankrupt for sure, I still use their services despite horrendous fees out of convenience options.. I like their crypto index (BCI25) and dca that every month on the 15th regardless of what happens to the price.

I wish they had withdrawal options for all coins they are listing.
Not your keys - not your crypto!

See you at Nasswald :-)