Post
Topic
Board Speculation
Re: $100K Bitcoin Prediction Using Math.
by
Denker
on 18/08/2017, 11:46:54 UTC
He is always saying price has to follow hashrate/difficulty...


Yes, in other words: miners decide the price.


Again this is wrong. Miners don't make the price!
I'd guess you're the noob who made this video right?!
Miners have no influence of what the price of Bitcoin will be, except dumping the coins to the market they hold.
It's not the miners who give Bitcoin it's value. They are just 1 part of several more with much more significance!