Post
Topic
Board Economics
Re: It takes 1.25 million USDs to push the the price to 21.5 USD/BTC
by
gongcheng
on 15/07/2011, 09:10:51 UTC
Another calculation is that in fact the community of bitcoin is becoming larger every day by 300*24*14=100 800 USD dollars when the price remains on 14 USD/BTC.

This means if the billionaire I mentioned above want to drive up the price, he may need to pay 100800 USD everyday...