Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
sickpig
on 24/06/2014, 21:11:05 UTC
what I really meant is: since the amount of new mined coins per day is something between 3000 and 5000 (*), do you really think this little volume will be so influential in moving down the price? 

3000 coins is not dumped on the exchanges daily. Large parts (most?) of the coinbase is hoarded or sold in private.

Also please note that even if we can have short periods of more inflation due to the stepwise increase of the difficulty factor, it will be corrected.

we're in violent agreement.