Post
Topic
Board Bitcoin Discussion
Re: Biggest sell signal if we go under 5.70-5.80 level
by
The_Duke
on 09/09/2011, 09:05:09 UTC

Duke, that is exactly the hole point, they WILL GIVE A SHIT when they don't mine with a profit.

No they won't. They will shut down their rigs and turn away. The few that remain will get more bitcoins per person, giving each of them even more influence on the market.
Why it is bad that a lot of coins are concentrated on a small number of people I don't think I need to explain to you, right?