“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 · Bitcoin since: +745%
As published by MarketWatch
This Is All It Would Take For Bitcoin To Become A Worthless Cryptocurrency ↗
A little perspective.
Bitcoin on that day$7,916April 12, 2018
$100 at that price$844.77At our latest price check
Illustrative value using a Bitcoin price of $66,875, checked Nov 14, 2026, 5:48 AM UTC. Excludes fees, taxes, and inflation. A price change alone does not settle the original criticism.
Atulya Sarin appears in 3 recorded obituaries. 74 declarations were recorded in 2018.
Keep the receipt.
Bitcoin Is Dead. “This Is All It Would Take For Bitcoin To Become A Worthless Cryptocurrency” — Atulya Sarin, MarketWatch, April 12, 2018. Bitcoin: $7,916.37. https://bitcoindeaths.com/posts/2018-04-12-this-is-all-it-would-take-for-bitcoin-to-become-a-worthless-cryptocurrency