5 ms·
Such scams only raise the price if the fools hold Bitcoin instead of what they most likely do: sell it for local currency. The scam's popularity does boost tran
by Adlai 11y ago
Such scams only raise the price if the fools hold Bitcoin instead of what they most likely do: sell it for local currency. The scam's popularity does boost transaction volume, critical to the emergence of a fee market.
- davidgerard 11y agoThere's been a lot more full blocks lately. They do raise the price, but only temporarily. Note the dizzying volatility, where it touched $500 briefly before dropping to $370. Also, note the remarkable spread between CNY and USD prices.