[jschiller]

The blocks are disappearing because they are getting used up and blown up.

There may be a few hoarders but not many I suspect. The hoarders who plan to sell the blocks in anticipation of the Genesis blocks coming on line will get the best price BEFORE the mass release (if it ever happens) of the Genesis blocks.

I dont see that happening at the moment. Either the hoarders don't number very many, or they don't see the Genesis as a threat to their future profits(i.e., they don't think there will be many Genesis blocks anytime soon).

I suspect those who plan to sell when the moment is right are still waiting for the right moment, the rest will sell only when there is a market for their original block for resto purposes, etc.

John