Post
Topic
Board Economics
Re: Bitcoin market backing
by
johnyj
on 24/09/2013, 12:56:47 UTC
21 million coins, and most of them are saved, so about 2 million coins out there, if there is 2 million people willing to buy 1 coin per person, and each of them spend $100, the exchange rate will be backed above $100

There are about 200K users maybe, so now each person should be willing to buy 10 coin with $1000 to keep the exchange rate above $100