How many Bitcoins are created per day? Is the number still 3600? If so the Bitcoin market still needs $200k+ of new money everyday just to keep Bitcoin stable at current price point.
Shhh don't start injecting reality to people they still think it is possible to go to $10,000. At $266 there needed to be $900,000 per day (someone else's calculation). This would explain why it topped out there.
no way. don´t forget all the cash that the
smart guys who sold all the way down to present have piled up.
the money that others lost is not gone - it just changed hands. those guys profited a lot. they will want to profit
again. but they can only do so if they buy btc. they are all waiting....
I doubt that money stays in Bitcoin economy. People buying expensive Bitcoins are funding someone elses houses, cars, boats etc.