Quote from: wobber on July 21, 2014, 01:34:24 PM

Quote from: Pepin on July 21, 2014, 11:04:42 AM

I read a lot of people on here complaining about how there is all this good news coming from Bitcoin but they don't understand why the fiat exchange rate remains rather stagnant. How can the market be bullish if the price doesn't increase? It is simple. There are 144 blocks found each day, each containing 22 newly mined Bitcoins. Regardless of whether the miners sell or hold their coins, the market capitalization of Bitcoin is increasing by about 2,000,000 USD per day. So don't worry about Bitcoin being stagnant, because it isn't. Stagnant would be coins continuously being added and the price of Bitcoin going down by an equal percentage.

22 newly minded bitcoins?

minded?