Geoffrey Williams Profile picture
Oct 3, 2018 14 tweets 5 min read
1/ People significantly underestimate the impact that countries with unstable currencies have on #Bitcoin prices 2/ Mining supply is currently ~12,600 BTC per week or ~$80mm. Putting this in context, weekly volume at @LocalBitcoins looks to have stabilized around ~$50mm per week after the late 2017 volume spike with a long term growth trend that looks to remain in place