Most people are only concerned with the BTC price, but have you heard…

@Telesfor 26 September 2021 more from that month

Most people are only concerned with the BTC price, but have you heard about the danger of the Bitcoin BTC death spiral? This spiral can lead to Bitcoin BTC dying. To understand how this can happen, you need to understand some technical correlations. I explained it in my latest article on read.cash. Maybe you are interested in reading it. https://read.cash/@Telesfor/the-danger-of-a-death-spiral-with-bitcoin-btc-0bbbaf0f #BTC #Bitcoin

+KT
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6 comments

@qheer92 26 September 2021

maybe you can give me the link, i'm interested to read it
- @Telesfor 26 September 2021
  
  https://read.cash/@Telesfor/the-danger-of-a-death-spiral-with-bitcoin-btc-0bbbaf0f
t@thedOnNoiseApp 26 September 2021

Already happened earlier this year when China banned mining. Blocks became overcongested and very slow. Fortunately it turned around and recovered.
- @Telesfor 26 September 2021
  
  >Fortunately it turned around and recovered. Because the price didn't fall much. If the price had fallen sharply, it would have become quite threatening.
  - t@thedOnNoiseApp 27 September 2021
    
    We had incorrect difficulty for weeks. It WAS threatening. The market somehow kept it alive. Maybe that spiral needs more time to develop.
@JLoberiza 26 September 2021

I will xheck that out later...