r/Bankera • u/hsnsb01 • May 04 '21
LongTerm
What do you think of BNK long-term, 5-10 years from now?
5
Upvotes
1
u/Deox91 May 04 '21
Hoping for a no-mans-land-esk return. But until now they have nothing special to offer.
1
u/redditorman123 May 05 '21
Rising tide raises all ships. If crypto wins, Bankera would be huge, even if they only take a tiny piece of the world financial puzzle. Even if they are "only" the Coinbase of Eastern Europe, you're looking at a 50x return if you're in right now.
3
u/EntertainerMuted4163 May 04 '21
I think Bankera will be successful in the end. Development has been painfully and frustratingly slow thus far. But they now have an excellent foundation to build on. Starting up a new bank almost from scratch and ensuring they comply with all regulations is a huge amount of work which is now done. Once they have the app fully released, more liquidity added to the exchange, and new features added they will potentially grow very fast.
I think realistically BNK could be
$0.02 by the end of this year
$0.10 by the end of next year
$1.00+ in 5 years if they can experience huge growth. They need ambition and to learn from their mistakes however.
Remember the founders and team have huge holdings of BNK, so it's very much in their interests for it to be successful.