Post
Topic
Board Mining speculation
Re: difficulty skyrocketing and price stagnant
by
eleuthria
on 12/05/2012, 02:43:02 UTC
This is bullshit, why the hell isn't bitcoin following the basic laws of supply and demand ?

What the hell is going on with the hashrate ? It can't be FPGA's yet and why the hell would people be throwing money at GPU's right now?

just weird.

Supply: 7,200 BTC/day
Mt.Gox Daily Volume: Normally around 50k/day (30 day volume of 1,570,000)

Supply has very little to do with the price.