Bitcoin Price Pressure

The price of bitcoin keeps trending down. [1] This causes a lot of people to declare the end of bitcoin. It’s important to understand that the default price pressure of the bitcoin ecosystem is...

blog.samaltman.com

Apr 30, 2014 · 6:40 PM UTC

John Coogan · Apr 30, 2014 · 7:45 PM UTC

John Coogan

@johncoogan

30 Apr 2014

Replying to @sama

@sama re: BTC volume spike, average monthly volume has been ~35% of the first month for Soylent. Certainly lower, but still reasonable...

Michael O'Rourke 🌿 · Apr 30, 2014 · 6:45 PM UTC

Michael O'Rourke 🌿 @o_rourke

30 Apr 2014

Replying to @sama

@sama Isn't Second Market going to help that external buying pressure? If they are a catalyst it may encourage people to buy and hold.