The Market Ticker - And Here It Comes....
BitCON is now “priced” below its mining cost.
In other words due to design the “miners” are now not only losing money they must continue losing money because they are how all transactions clear – they are the validators.
Of course the “bulls” will say that this is a temporarily thing and will shortly rocket higher. Uh huh.
What if it doesn’t?
Oh by the way, if you have it now how do you like the gamble with what is, at this point, close to a 50% loss thus far and what could turn into a 100% loss, given that there is no actual “thing” behind what amounts to “being paid to…….
(Click link to read more)
Source: https://market-ticker.org/akcs-www?post=254896
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