> Their value was always in Fantasyland and subject to decline every time the compute power to "mine" the Bitcoins got cheaper, which it does every day. The cr

> Their value was always in Fantasyland and subject to decline every time the compute power to "mine" the Bitcoins got cheaper, which it does every day. The creation of new bitcoins is limited by the network adjusting the difficulty in case new bitcoins (blocks) are created too quickly. The network hash rate has increased enormously over the past few years, by several orders of magnitude. Yet the average number of bitcoins created per 10 minutes is still only 28.7920673077, or around 15% above the target value of 25. This is measuring from block 210,000 to the current block (339,357). This period has taken 780 days, so far, so the average number of blocks per 10 minutes is: (339357-210000)/780 / 24 / 6 = 1.151682692 (or 15.168% above the target of 1 block per 10 minutes).