Post
Topic
Board Beginners & Help
Re: Crash coming?
by
Malawi
on 08/04/2013, 18:30:15 UTC
What no one has been talking about is the floodgate of ASICs that are coming online very soon. Miners are going to produce a lot of coins soon. More coins in circulation means lower value. That will burst the bubble, allowing a new set of long-term (stabilizing) investors to get in at a lower price. When is BFL delivering? Crash to follow.

They will not mine more coins. The distribution of coins are already set. The effect will be that they will get a larger proportion of the coins, and that mining with GFC's will become absolete.