Bitcoin Forum

Bitcoin => Mining => Topic started by: biganth on April 27, 2013, 04:05:16 AM



Title: POLL:: Attn Miners. How much of your coins are you holding for the long term?
Post by: biganth on April 27, 2013, 04:05:16 AM
Interested to learn what percentage of your coins you are holding for the long term?


Title: Re: POLL:: Attn Miners. How much of your coins are you holding for the long term?
Post by: coastermonger on April 27, 2013, 03:01:09 PM
This is an extremely important question, because miners are the one's that effectively control the inflation rate for bitcoin during its current era.  If miners as a whole decide to hoard rather than immediately spend their coins, then the inflation rate is closer to zero.  If they decide to immediately spend their coins in order to recoup their investment costs, then the inflation rate is closer to the maximum it can be for the particular reward era (3600/day currently)