Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitebits
on 18/01/2016, 19:47:19 UTC
A higher price will likely result in more mining activity, but not more bitcoins being mined.  Miners could sell a smaller portion of their mined coins to meet expenses, allowing them to keep more for themselves.  Basically it's a much less liquid market, one reason why it is so much more volatile.

Those two statements don't go together. Higher bitcoin price = more mining activity = more costs per bitcoin. It will always level out, up or down. That is the beauty of mining.