Skip to content

Comment on Bitcoin Plunges By Nearly $30 As Largest Market Suffers Outageparent

Comments

It's not just supply — you have to account for demand, too. Demand is likely to change based on media coverage.

Even if it were just supply, the supply effectively changes all the time because not all bitcoins are on the market all the time. If I forget I have bitcoins, they're not part of the supply (of course, the rising dollar value might make me remember…).

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.