Eventually, we're going to single digits again.
Ahh... I wish we did. I could buy the entire mining supply of bitcoin with the proceeds of my daily arbitrage operations.
Proudhon did not want to hear this lol...
There are some big players coming into the market. Most of them are doing cash for btc off exchange purchases.
And when they can't unload an investment off of the exchanges when the exchange rate is plummeting because nobody wants to buy volume off exchange in that context, guess where their bitcoins end up going...