Author

Topic: [POLL] To what level does price need to fall before we reach consensus? (Read 329 times)

legendary
Activity: 2170
Merit: 1427
Sub $100 is a heavy psychological barrier that will make think Bitcoin will fail. If we reach that, then it will get most people affraid for what's going to happen.
legendary
Activity: 3206
Merit: 1069
when the miners will not be able to profit, since their cost for paying electricity is only 1/6 of their profit, and is $45 per miner, you do the math, they can profit even at 1/4 of the current value

so below $90 i think bitcoin begins to be doomed, but only if it will remain for a certain amount of time, not as a lowest value...
legendary
Activity: 1008
Merit: 1001
In Cryptography We Trust
At what price level will the people involved start to be really scared about Bitcoin going bust and leave their egos and greed aside (at least for the time being) and come up with an agreement regarding block size?
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