11-15-2022, 10:40 AM
Crypto com is not down and it will probably stay that way
<!-- SC_OFF --><div class="md"><p>All the news spreading around, all the FUD surrupnding them, it looke like they will really be going down. But they're not and the worst is proabbly behind them.</p> <p>All this media and people on twitter felt like an attack against them. This had to cause tens and hundreds of millions of withdrawals. And they didn't halt them, everything is still up and going. </p> <p>They lowered the interest rates on locking crypto there significantly, they lowered the cashback in their cards, fired a lot of people, cut back on marketing hugely. They were prepared for this.</p> <p>Their CEO is not some power and attention hungry maniac, I have to admit I didn't even knew who he was before this AMA he had earlier. He, like a true leader, stepped up when his company was in trouble and answered all the questions.</p> <p>I agree that crypto com still gas a lot of question marks and could still go down without notice any day. But seeing how they dealt with this whole situation shows me that their management is really competent and knows what they're doing and I think they will not go down any time soon.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Barchelonio"> /u/Barchelonio </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yv1vcv/crypto_com_is_not_down_and_it_will_probably_stay/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yv1vcv/crypto_com_is_not_down_and_it_will_probably_stay/">[comments]</a></span>
<!-- SC_OFF --><div class="md"><p>All the news spreading around, all the FUD surrupnding them, it looke like they will really be going down. But they're not and the worst is proabbly behind them.</p> <p>All this media and people on twitter felt like an attack against them. This had to cause tens and hundreds of millions of withdrawals. And they didn't halt them, everything is still up and going. </p> <p>They lowered the interest rates on locking crypto there significantly, they lowered the cashback in their cards, fired a lot of people, cut back on marketing hugely. They were prepared for this.</p> <p>Their CEO is not some power and attention hungry maniac, I have to admit I didn't even knew who he was before this AMA he had earlier. He, like a true leader, stepped up when his company was in trouble and answered all the questions.</p> <p>I agree that crypto com still gas a lot of question marks and could still go down without notice any day. But seeing how they dealt with this whole situation shows me that their management is really competent and knows what they're doing and I think they will not go down any time soon.</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/Barchelonio"> /u/Barchelonio </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yv1vcv/crypto_com_is_not_down_and_it_will_probably_stay/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/yv1vcv/crypto_com_is_not_down_and_it_will_probably_stay/">[comments]</a></span>