Post
Topic
Board Altcoin Discussion
Re: Binance listing can't erase price dump
by
prof7bit
on 12/05/2020, 20:57:33 UTC
This is what everyone should know. Price dump is inevitable because its unhealthy for price to keep going up. Traders and investors will take profit which will cause price dump not minding how good the project. But a good project will rise with development and demand.
I do not believe that the price of Bitcoin can go down for the reason that already Bitcoin mining costs at least $ 6,000. I think that this year we will no longer fall below $ 7,000.