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46653403
Topic
2872344
Board
Economics
Re: What happens if bitcoin price falls below the cost of mining it?
by
Sedocoindev
on
08/10/2018, 14:35:37 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 don't think this will happen. We already witnessed similar situation. We have to be patient and bitcoin recover.