If you can't afford a bitcoin for $100, you can still afford 0.01 bitcoins for $1.
Yes the exchanges could also simply simulate a price split by making - for example MilliBTC - the standard unit.
Topic: What happens when the Bitcoin prices are too high and more Miners come online? (Read 1229 times)
June 05, 2011, 01:01:28 PM
Yes the exchanges could also simply simulate a price split by making - for example MilliBTC - the standard unit.
June 05, 2011, 11:51:12 AM
If you can't afford a bitcoin for $100, you can still afford 0.01 bitcoins for $1.
June 05, 2011, 11:14:33 AM
Spamming would be not to post an opinion, but to give my bitcoin address for donation
Thanks
KT
Thanks
KT
June 05, 2011, 11:11:38 AM
Instead of spamming forums with advertisement, you could start on reading about difficulty adjustments... 
June 05, 2011, 10:57:05 AM
What happens when the Bitcoin prices are too high and more Miners come online?
Why I ask this?
Demand Destruction happens when the price for a stocks, commodities, Homes etc. becomes so high that
the average person cannot afford it. BTC "$17.00, $30.00, $50.00 $100.00".
Bitcoin Miners are always coming online and adding BTC to the market causing a gult.
At what price will a flood of sell order go in trapping traders and their stockpile of Bitcoin?
Latest Bitcoin news at http://www.bitcoinconnection.com
KT
repost to Marketplace
Why I ask this?
Demand Destruction happens when the price for a stocks, commodities, Homes etc. becomes so high that
the average person cannot afford it. BTC "$17.00, $30.00, $50.00 $100.00".
Bitcoin Miners are always coming online and adding BTC to the market causing a gult.
At what price will a flood of sell order go in trapping traders and their stockpile of Bitcoin?
Latest Bitcoin news at http://www.bitcoinconnection.com
KT
repost to Marketplace
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