Post
Topic
Board Altcoin Discussion
Re: Opinion: the $5000 is a fair price for bitcoin
by
Docbee
on 13/09/2018, 19:25:26 UTC
I do not think that Bitcoin will go down under 6000 USD. 6000 USD is the price that costs to mine one Bitcoin and the miners will not sell below this price.
But it is my opinion and it is up to you if you follow it Wink.
Your point make absolute sense, how can someone start a business with the hope of not gaining the start up capital even if there won't be profit, if the price to mine cost 6k therefore bitcoin shouldn't go below 6k.