very interesting comment from PB about bitcoin: news.ycombinator.com/item?id…

Apr 11, 2014 · 3:18 AM UTC

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Replying to @sama
@sama this is more pronounced in alt coins like Namecoin. Easier to plot periodic dump from miners with little buy pressure
Replying to @registrar
@registrar @sama HOLA
Replying to @sama
@sama Prices movements are >>>> the increase in supply of coins. He's right that this is a factor but it seems like a very small one.