[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 3.00 MB, 850x566, qtlifter.webm [View same] [iqdb] [saucenao] [google]
10085433 No.10085433 [Reply] [Original]

What happens when BTC tanks to 5k or under to alt coin companys? Like lets take BAT for instance, they have lots of really expensive buildings they rent/bought all over the world. When BAT goes drastically below ICO, which I think it will, what happens to all that money going out every month for employees and expenses? Do the companys just shut down, close stores ect? Or do they just sit and wait it out burning reserve resources?

>> No.10085444

>>10085433
they just run it like a business...
if the token gets adoption and utility it detaches from BTC, like BNB

>> No.10085456
File: 2.53 MB, 640x640, qtlift.webm [View same] [iqdb] [saucenao] [google]
10085456

>>10085444
What coin has detached from BTC besides BNB? Arguably BNB is not detached because it makes money whether the market goes up down due to trading.

>> No.10085532

Come on guys, take a break from monster energy boomer threads for a minute.