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Author Topic: Steadily falling price requires demand to meet supplyan  (Read 743 times)
CliffordM
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September 29, 2011, 10:39:11 AM
 #1

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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September 29, 2011, 11:12:19 AM
 #2

There are several Bitcoin auction sites.

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