Post
Topic
Board Bitcoin Discussion
Re: Is it just me or everyone is concerned?
by
Albert211994
on 01/09/2018, 14:12:31 UTC
I do not think the miners will be able to keep supporting bitcoin mining if the price goes below 6000$.
Difficulty corrects itself when miners leave, so it will still be profitable. And when it is profitable again, miners will return.

Hopefully my prayers seem to have been answered as I can see an organic in bitcoin value to 7000$ for a while. Do you think this is an organic rise in bitcoin value and is it likely to remain within the ranges of 7000$ without dropping? Share your emotions and opinions guys!
It looks like it, but always be wary. Bitcoin price can easily be shaken. A little bit of FUD and it falls. A little bit of Hype and it rises. I do not think we have entered a phase where bitcoin price can be really stable for a long time. Not yet.