Post
Topic
Board Speculation
Re: usd price to follow block number?
by
SgtSpike
on 14/07/2011, 19:21:32 UTC
Block number and price should technically be an inverse relationship, all other things being equal.  The higher the block number, the higher the supply of BTC, the lower the price point needed to match supply & demand.

no, block number and VALUE should be an inverse relationship..... block number and price in usd is not at all, also i just mean for a while during the period btc is illegal but governments still exist...im basically brainstorming good estimations for value just looking at the client right now...
Why would block number and price in USD not be an inverse relationship, all other things being equal?