I have no idea... seems like it will always trade at a premium to the cost to mine it but too far above will cause too many miners...
RE: It's going to take a lot more than $10k for most BTC HODLers to sell...
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It's going to take a lot more than $10k for most BTC HODLers to sell...
If there are "too many miners" the difficulty keeps going up and up and up making people spend more and more resources to acquire the same amount of coins, which pushes the cost of production up. Bitcoin is a self correcting animal.