Topic: What will happen if there's no price rise for the halfing? - page 16. (Read 13571 times)
There will still be coins so there will be no shortage of miners. Even if the big farms close, which they won't because they're profitable way lower than the current price, older miners will take up the slack.
If the price doesnt rise then the miners stop mining because of lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening? Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.
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