Post
Topic
Board Economics
Re: What happens if bitcoin price falls below the cost of mining it?
by
gnaylor
on 28/07/2018, 15:47:02 UTC
If you understand simple economics of supply and demand you are very close to understanding bitcoin, now in any business if the production of a good or service is greater than the value generated by the gold or service, it is no longer a sustainable business, in this case, the bitcoin market will crash