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/).

I have heard about that happening in the past but for now I think it is not that possible as it was before. Because for now the interest of people on bitcoin as already too high for them to just forget about it and stop investing.