Post
Topic
Board Speculation
Re: Only $360mio of inflow needed to keep current price and reach next halving!
by
xeretix
on 16/08/2015, 16:28:10 UTC
If the majority of bitcoin-exchange market supply is coming from mining, which currently seems to be the case,

Not at all.  Not even if we assume miners selling every coin they mine.
Source: blockchain.info

Quote
and that supply halves, that's a supply shock. If demand remains the same, the price must roughly double.

A fundamental misunderstanding of how the market works.
If that was really the case, GM could simply cut the number of cars manufactured in half, and double the price. Profit!