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Board Beginners & Help
Re: why price so low
by
doktor99
on 01/09/2011, 06:40:58 UTC
In the context of determining whether 'old' coins are flooding the market (to drive the price down), it's worth tracking the CoinDD (days destroyed) metric available here: http://abe.john-edwin-tobey.org/chain/Bitcoin.

The metric has not grown in any large jump since before this most recent price decline, and as such I suggest this decline is not a result of coins that have been sitting anywhere for any length of time.