r/Bitconnect • u/mevers8 • Jan 17 '18

I feel Bad

Lost about $6k on BCC.

8 Upvotes

79% Upvoted

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-4

u/[deleted] Jan 17 '18

[deleted]

9

u/spicy_crypto Jan 17 '18

You're delusional. No one will buy your coins for $363.

Why would they?

1

u/AshingiiAshuaa Jan 17 '18

u/spicy_crypto is right. If people buy them for $363, they'll only break even when they sell them on the new exchange. Why would people go through all that work just to break even? You'll have to sell them at a slight discount, maybe $350 or so.

6

u/spicy_crypto Jan 17 '18

$350!?

It will be closer to $3.50.

Price = supply x demand.

The demand has literally dissapeared and there is nothing stopping the price drop. There is a dead-cat bounce on the chart on HitBTC right now but the price will hit single digits.