Post
Topic
Board Economics
Re: The Bitcoin economy needs about $100,000 a day of new money
by
molecular
on 10/07/2011, 00:29:20 UTC
Bitcoin production is supposed to be about 7200 coins per day, which at $13.75/BTC is currently $99,000. So, right now, it takes about $100,000 a day in new money to keep the price of Bitcoins stable.

Why do you assume miners immediately cash in all their mined coins?