Re:Cryptocurrency chaos as China cracks down on ICOs
by mavhc on Wednesday September 13, 2017 @04:10AM
(#15236397)
Bitcoin is also designed to make future coins harder to mine, thus more expensive. The only incentive to sell bitcoin is if you think the entire thing is about to fail.
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Re:Cryptocurrency chaos as China cracks down on ICOs
by sanswork on Wednesday September 13, 2017 @08:38AM
(#15237672)
Bitcoin isn't really designed to do that. It is designed to increase difficulty with competition. If no one was interested in mining bitcoin it would be exactly the same difficulty to mine today as it was one day one.