Post
Topic
Board Bitcoin Discussion
Re: There's something Satoshi didn't think of.
by
j2002ba2
on 18/05/2020, 20:25:39 UTC
Recently we had our 3rd halving, cutting the bitcoins per block to 6.25

If price goes up, there will be good and bad things too. I think bad things will be more. I don't know what happened in the previous halving but surely due to demand and supply many sold their bitcoins and many miners sold/got rid of their equipment.

Imagine that in some years only ~50 bitcoins will be bornt every day. Miners will not afford mining cost EXCEPT if bitcoin price will rise above 50.000$

Miners collect also fees. Today they collected ~120BTC in fees.