Bitcoin Forum

Bitcoin => Mining speculation => Topic started by: Anddos on January 16, 2014, 10:56:37 PM

Title: What happens to the bitcoin transactions
Post by: Anddos on January 16, 2014, 10:56:37 PM

What happens to the bitcoin transactions if there is no miners to process them?, will they just pile up ?

Title: Re: What happens to the bitcoin transactions
Post by: turtle83 on January 18, 2014, 08:38:37 AM

Quote from: Anddos on January 16, 2014, 10:56:37 PM

What happens to the bitcoin transactions if there is no miners to process them?, will they just pile up ?

Yes

Title: Re: What happens to the bitcoin transactions
Post by: lucas.arvalo84 on January 19, 2014, 12:30:49 PM

When bitcoin will reach 21m miners will earn from transactions fees.
IMHO in 1-2 month if price stay the same and difficulty keep raise like now or worst all miners will be not profitable so the price must touch 2-3k$