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A comment on No End in Sight for Crypto Sell-Off as Bitcoin Breaches $4,250. Parent comment

Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by matthewbauer on Tuesday November 20, 2018 @10:54AM (#18494740)
I’ve never understood the commonly held view that miners can effect the price. The distribution of coins is on a fixed schedule it shouldn’t matter how many miners there are. Price should not change from any of that.
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Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by dragonwriter on Tuesday November 20, 2018 @12:23PM (#18495560)
> The distribution of coins is on a fixed schedule

No, it's not.

The distribution of coins is affected in the short term by the actions of miners; it has periodic difficulty adjustments to intended to target a fixed long-term rate, but it is not a fixed schedule.

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Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by solveit on Wednesday November 21, 2018 @03:06AM (#18500964)
More important than the change in newly minted coins is the fact that the miners (in this atypical case) are selling btc for fiat to buy energy to outmine their competition.
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Re:No End in Sight for Crypto Sell-Off as Bitcoin Breaches $... by millettjon on Tuesday November 20, 2018 @11:44AM (#18495223)
This may be more related to rapid liquidation of holdings which does affect the short term. Long term it should average out.
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