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> The value at minimum in my opinion has to be what it costs to mine each coin. Why so? If it costs me 100k to make a ball of lint, does the cost to make give
by BoiledCabbage 4y ago
> The value at minimum in my opinion has to be what it costs to mine each coin.
Why so? If it costs me 100k to make a ball of lint, does the cost to make give that lint a minimum value of 100k?
Or if I mined bitcoon for $X, the whole market is crashing and I have a way out that let's me recoup 85% of $X instead of losing everything why wouldn't anyone take that?
- giancarlostoro 4y agoI am merely proposing a ballpark ideal price for a coin, to justify it being 100k if you will, does that make sense? I think I didn't word it rightly.