Post
Topic
Board Bitcoin Discussion
Re: Just over $5,500 per day required to maintain current Bitcoin price.
by
Elwar
on 28/09/2011, 18:14:36 UTC
Your assuming that people sell all coins mined every single day. That's a false assumption because that does not happen.

Not at all. I assume that only 1/6th of all coins mined are sold for a currency. Which is in line with the amount of Bitcoins held at the exchanges.