Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
becoin
on 16/07/2017, 18:19:48 UTC
Like we all expected exchanges are slowly making plans to shut down, not really surprising to me.

Users can easily wait couple of weeks or even months for those exchanges to open but where will miners sell bitcoins to pay their electricity bills?

A couple weeks or months of users not being able to use Bitcoin and they will move to a crypto they can use. The actual economy won't wait for us

99% of users use bitcoin only to diversify their assets. They can wait. Miners can't!
If Bitcoin goes down all the crypto economy goes down with it irrespective of the coin used.

Definitely miners depend on users and not vice versa. UASF is a very good idea and should be respected by honest miners.