Re: What happens if bitcoin price falls below the cost of mining it?

Quote from: Bitcoinbelowmine on February 03, 2018, 03:28:52 AM

Would bitcoin be able to recover? Are we safe since 80% of bitcoin has already been mined?

I remember it happened once in 2011 (https://www.themarysue.com/price-bitcoin-falls-below-mining/amp/).

For me yes bitcoin can recover anything. Its price and value will rise soon. If you read its historical movement you can predict the price might give in the future. For me I believe its price will surely rise up and will hit to the moon. For now bitcoin is asleep but time comes it will woke up and surprise us.