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 just don't get it, when 80% are already mined then the price will tend to increase as we're approaching to its supply. So the more bitcoin mined the higher the price can increase plus the demand that bitcoin gets. So what's bothering you now brother? However, bitcoin will still have a halving so it can somehow affect the price sooner.