the fact that ppl still lend out there bitcoin for 0.02% per day confuses me because you can lend out your btc for more at poloniex
The fact that people still hold on to the hope that bitcoin is going "To TEH MOON!!!!!1!!1" and lend BTC instead of switching it to USD and making much better returns confuses me....
you were right, if they really think btc going to da moon. they should buy btc more, not lend btc for peanut. unless they were whale and they lending btc at peanut rates so everyone can short btc and keep the price low