Ethereum price going all wonky.
More free-floating BTC capital prised out of tight fists.
http://i.imgur.com/0AFedBZ.pngWhere is the next support level? I don't see one. This might be it for ETH 0.0-anything range.
Will almost certainly drastically over-correct (as did Dash after our ATH)...looking forward to hopefully buying some at a very undervalued price.
I don't know. This rise may be the highest ETH ever gets.
https://etherscan.io/stats/supply ETHER DISTRIBUTION OVERVIEW
Genisis (60M Crowdsale+12M Other): 72,009,990.50 Ether
+ Mining Block Rewards: 5,862,265.00 Ether
+ Mining Uncle Rewards: 327,230.00 Ether
= Current Total Supply
78,199,485.50 Ether
So basically, ETH has 5000 blocks a day, at 5 ETH per block.
25,411 ETH mined per day. AT 0.02 that's $210,000approx per day in mining.
Did you know at that rate total supply will double in 12 months?