Post
Topic
Board Speculation
Re: Taking a step back
by
Equilux
on 27/03/2013, 18:11:23 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.

Perhaps the other 99.7% is not moving at all ...  Roll Eyes