Quote from: greghansel89 on April 02, 2016, 01:01:34 PM

Quote from: 7Priest7 on April 02, 2016, 11:51:23 AM

Quote from: helloeverybody on December 26, 2015, 10:19:31 AM

If the price doesnt rise then the miners stop mining because of lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening? Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.

Well if price won't rise at all then yes, miners will leave their jobs because they won't get any profit, so bitcoin would die unless new miners would start mining, but i don't think that price won't rise at all

If the miners leave then the difficulty for mining the coin will drop significantly and the remaining miners will profit more from this.

I think this is part of the program in bitcoin when there is less miners it will reduce the required difficulty to mine bitcoin,if this is true then miners who have faith will benefit more.