Re: [2020-02-24] Binance CEO Makes Rare Price Prediction—Says This Is When To Buy
Exchange owners of all people should surely know that predicting is a dumb business, and they make money no matter what the market conditions are anyway.
If I had a public platform I would go no further than things like 'I think Bitcoin is nice.'
If I had a public platform I would go no further than things like 'I think Bitcoin is nice.'
However, he also said something that is very correct in his interview.
However, CZ warned that "historic events do not predict future events, so don't take that too literally," but explained the bitcoin halving will mean "it costs miners almost double what it does now to produce one bitcoin. Psychologically, those miners won't be willing to sell below that price."
He might be telling the miners to slap themselves because they will be selling below the costs of mining with only months left before the halving hehehe.