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If Bitcoin goes down below this degree, Shark Container star Kevin O'Leary will certainly be worried. O'Leary consulted with Kitco Information on the sidelines of the Bitcoin 2022 seminar in Miami.
What is Bitcoin's price flooring to justify developing all the new green energy resources to extract the cryptocurrency? That's the inquiry preoccupying several financiers' minds.
" I more than happy if Bitcoin stays at $50k for a couple of years. It is forcing everyone to make better computer power," he informed Kitco's Editor-in-Chief Michelle Makori.
But, O'Leary would certainly be worried if the world's largest cryptocurrency dropped below this level. View the video for all the rate details.
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If Bitcoin price drops below this level, Kevin O’Leary would be concerned; here’s why
If Bitcoin drops below this level, Shark Tank star Kevin O'Leary will be concerned. O'Leary spoke with Kitco News on the sidelines of the Bitcoin 2022 conference in Miami.
What is Bitcoin's price floor to justify building all the new green energy sources to mine the cryptocurrency? That's the question preoccupying many investors' minds.
"I am happy if Bitcoin stays at $50k for a couple of years. It is forcing everybody to make better computing power," he told Kitco's Editor-in-Chief Michelle Makori.
But, O'Leary would be concerned if the world's largest cryptocurrency dropped below this level. Watch the video for all the price details.
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
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