Any chance the price drop is related to the increased circulating coin supply? Went from 5.5bn to 6bn coins
How can they just dump coins like that when the price is already free falling?
Don't think they dumped it. My assumption is it is creeping up due to mining which started on 1st November.
Does anyone know the exact number of coins mined to date?
Based on my mining and some simple modelling I would guesstimate at around 9 million.