Post
Topic
Board Speculation
Re: Taking a step back
by
hgmichna
on 27/03/2013, 18:07:14 UTC

The bitcoin market has a total valuation of $1 billion. How come, if BitPay only moves $2 or $3 million? Who is moving the other 99.7%?

To me it is obvious---the speculators. The bad ones, actually, the newbies who buy because the price is rising. The trend followers. They are on their way to wreck bitcoin's remaining reputation.