phoenix1
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December 27, 2014, 11:05:47 AM

Good.

Fewer miners means fewer coins on the market which means higher prices.

No. Learn some fucking crap about Bitcoin before commenting pleasethankyouverymuch

fewer miner means that those fewer miner get more coin... because total no. of minted coin stay the same.



Not quite ... block reward remains constant (til the halving), but blocks will be found quicker when hash rate increases in between difficulty adjustments, and slower when it decreases, so emission rate does vary. Difficulty then adjusts according to the new hash rate and the cycle begins again.
This is only a significant effect when hash rate is trending very quickly between adjustments (as it was until it stalled this year). Otherwise its just noise. But I believe the cumulative effect has been to bring forward the expected halving date by several months due to the exponential rise in hash rate due to ASICs.
Speed of the network (read 'confirmation times') will also we affected by this.

Do I get a cookie Richy_T ? Smiley