Ninjastic
Home
Search
Users
Boards
Addresses
Ctrl + K
Toggle theme
Open menu
Post
Edited versions
Quotes to this post
Post
43581769
Topic
2872344
Board
Economics
Re: What happens if bitcoin price falls below the cost of mining it?
by
SplendidHunter
on
06/08/2018, 10:55:01 UTC
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 think that now in recent days this case is more possible than it was before and I think that because the mining price is significantly growing from the time that previous case happened.