anre: #281 Wendell Zurkowitz ((slave to the waffle light))

that will never happen, but once people stop investing in it, its value in relationship to other currencies will have to decline

What’s to stop it from happening? These coins are expensive to produse and have no intrinsic value.

With Bitcoin the big investment is up-front in the custom hardware, so those miners will hold on as long as possible, but for asic resistant alt-coins, if they drop below electricity costs, the smart thing is to sell off your hardware and get out of the scene.