This Is All It Would Take For Bitcoin To Become A Worthless Cryptocurrency
MarketWatch
April 12, 2018"If the price of bitcoin falls below its cost of mining, it will quickly go to zero.The real concern is that if the price of bitcoin continues to fall, mining will become infeasible, and without enough participants providing the computing power to record the transactions, the transactions will be infeasible and bitcoin will become worthless."
— Atulya Sarin
Professor, Santa Clara University
BTC price when published:
$7,916.37
Current BTC price:
$81,804.15
Price change:
+933.35%