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A comment on After the Bitcoin Boom: Hard Lessons for Cryptocurrency Investors. Parent comment

Re:After the Bitcoin Boom: Hard Lessons for Cryptocurrency I... by tedunangst on Tuesday August 21, 2018 @04:16PM (#17813361)
If the difficulty adjusts down to make mining profitable, that's because the miner is earning more coins, but each coin is still worth less than before.
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Re:After the Bitcoin Boom: Hard Lessons for Cryptocurrency I... by sdf43543t345 on Tuesday August 21, 2018 @04:30PM (#17813477)
Not necessarily. While there is a positive correlation to hashrate and price, the market sets the value of the coin.

Just because miners are making more or less coins does not make them worth less or more. Miners choose when and if they release the coins to the market.

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