If you say that bitcoin's 10k price is like an ICO's pricing stage, then does that mean that bitcoin will crash back down in the long term like how pretty much 99% of altcoins ICOs did? 🧐
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Don't know why he made such comparison in ICO pricing stage? And 10k per coin is actually very expensive if you are talking about ICO price. Won't even think about such logic applied to btc as it has been introduced without collecting money from the community. But it is true that most alts that did have their ICO already crashed their value. And most of them were long dead after few months of trading.
I agree. Haven't remembered any ICO ranging into such amount of $10,000 like Bitcoin did so strongly the comparison of Bitcoin to ICO and not that appropriate for those are two different things on their own unique way. Added by the fact that you are right on which $10,000 is pretty much expensive for a price of a single coin of an ICO.
With regards to Bitcoin alone, it is worthy for investment for we have witnessed that even at the time of pandemic, it still work on keeping its price up although it was slightly affected by the negative impact of the pandemic when it started way back the month of March but the good thing is that it still manages to recover from such drop down and stand along way having an impressive price improvement amid with the existence of this pandemic.
