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Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
marcelus
on
24/10/2014, 14:27:22 UTC
Quote from: NotLambchop on October 24, 2014, 02:19:05 PM
Bitcoin's transaction costs, if Satoshi's statement that BTC price should tend toward BTC mining costs, is currently ~10% of Bitcoin's market cap. Imagine if 10% of the world's wealth was destroyed yearly on transaction costs
Destroyed. LOL.