$100 a week is all it takes to eat newly mined Bitcoins

By my estimation it would take just 3.4 million people dollar cost averaging $100 a week to buy up the newly mined Bitcoin supply.

rough math -

450 bitcoin mined a day

weekly value of bitcoin is 346 million in usd

to eat up this supply it would take 3.4 million retail investors buying $100 per week

Low effort post but feel free to ask the ai oracle.

dca is the way.

submitted by /u/Any-Regular2960 to r/Bitcoin
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Quelle: bitcoin-en