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gabbynot (OP)
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May 16, 2012, 07:31:45 PM
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Just curious what everybody's thoughts were.

It seems to me that BTC is just so tiny it's hard to draw any parallels with anything else.  I mean, there's more traded in AAPL in 3 minutes than what the entire BTC economy is worth.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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May 16, 2012, 09:04:16 PM
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Quote from: gabbynot on May 16, 2012, 07:31:45 PM
Just curious what everybody's thoughts were.

It seems to me that BTC is just so tiny it's hard to draw any parallels with anything else.  I mean, there's more traded in AAPL in 3 minutes than what the entire BTC economy is worth.

There are parallels to things like Google Trends, but of course, that's not another commodity or asset class.

You might find this thread interesting. 
 - https://bitcointalk.org/index.php?topic=68655.msg904055#msg904055
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