Post
Topic
Board Economics
Re: It takes 1.25 million USDs to push the the price to 21.5 USD/BTC
by
Leon
on 15/07/2011, 18:53:24 UTC
I just calculated how much money it will take to push the price to 21.5 USD/BTC according to the depth data on mtgox.

The result is 1253320 USD. Oh, My God.

Unless some billionaires start to play bitcoin...

What about the people who are just holding on to BTC?