Post
Topic
Board Speculation
Re: PANIC PANIC! (just get it over with, will you?)
by
OgNasty
on 13/08/2014, 21:37:11 UTC
lol there is no panic selling, just less buyers, you do now that the number of bitcoin created a day is fixed right, so is all in the buyers

It is most certainly not.  

why, isn't 25 btc every 10 minutes, so 6 x 24 x 25= 3600 a day? i'm missing something?

It's not fixed, because of variable time per block, currently is about 3850 a day AFAIK (was even higher).

This is a pretty weak debate.  You're both right.  Difficulty exists to keep the # of coins produced per day at the same rate over time, but variance and network growth make it so that the number of coins per day is not the exact same one day to the next.