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Board Beginners & Help
Re: States vs Bitcoins
by
jolly-roger
on 08/05/2013, 07:01:39 UTC
What is your source of these two numbers?

Price difference for April ~ 30$ per coin
entire BTC supply is 11M
BTC11M*$30=$330M

Average proce for April ~$120 per coin

$300M/$120 = BTC2 500 000
this is slightly more than fifth part of entire currency supply

An this is very conservative estimations. I think there was much more in reality.