Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
grappa_barricata
on 12/01/2015, 18:48:15 UTC
...
a low bitcoin price is the *BEST* time for mining. low bitcoin price = lower income taxes on mined coins
...

When BTC price finally hits zero => no taxes at all => everyone buys mining gear => hashrate explodes Cheesy
You guys are logicians IRL, amirite?

Before price hit 0.01 somebody will buy 50% of the bitcoin in existence, cornering the market. Then you'll see what a pump looks like Smiley