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Author Topic: Steadily falling price requires demand to meet supplyan  (Read 853 times)
CliffordM (OP)
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September 29, 2011, 10:39:11 AM
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It seems that supply is constantly outstripping demand in the btc price, pushing the price steadily lower.  My guess is that more and more miners are automating the conversion of their coins into usd producing this overhang.  Not really a problem, but what is needed is more demand for bit coins. More goods and services. 

What would be the characteristics of a good eBay clone in the bit coin world?   A good escrow system ? 
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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September 29, 2011, 11:12:19 AM
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There are several Bitcoin auction sites.

First seastead company actually selling sea homes: Ocean Builders https://ocean.builders  Of course we accept bitcoin.
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