Post
Topic
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
tailor
on 07/07/2016, 18:28:14 UTC
Ergo, to keep the profit, they need to sell their bitcoin for more value.
Just because it costs more to produce something doesn't automatically mean buyers are willing to pay more. Imagine the price of anything else if the seller was the sole determiner of "value".