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RE: Are we about to see bitcoin death-spiral?

in #bitcoin7 years ago

The miners can only sell their reward coins (the coins they get for mining a block) after 100 confirmations . So I don't think the bitcoincash price will tank yet. It depends on what the community does - if there is a concerted effort to make sure the price doesn't fall, it could attract other speculators, who absorb the coins the miners are minting.