Post
Topic
Board Bitcoin Discussion
Re: A little forum Data analysis
by
HorseRider
on 25/10/2011, 03:09:39 UTC

Negative issues.
1. New coins coming into circulation at a speed of 7200 BTC every day, which increase the M1 at a speed of more than 1% per day. it's really fast.


 No. It's less then 0.1% per day. There are more then 7500000 BitCoins in existence today.

corrected, thanks. but for a monetary system, 0.1% is still fast;) it's like Bernanke decided to print 1.8 billion USD every day for our economy.