I want crypto to succeed. I'm not a hater. I am highly exposed and continue to hodl. There's nothing I'd like more than to open Binance to a sea of green rocketships flying me to a moonlambo.
But....
I just can't understand who would buy bitcoin
Crypto cards start working again.
China may unban ICO.
LN looks good.
SegWit works.
The network is free from spam.
There are plenty of good news, showing that Bitcoin is actually doing very good.
People with money see this and many will
invest in this working ecosystem. Or will store part of their wealth in this. In many such aspects Bitcoin is better than banks.
They are waiting for the best time to "get in", but don't worry, they do come. It's too many good news around and they won't miss the opportunity.
So I know "who" is buying Bitcoin. Unfortunately some of these are very big and know how to manipulate an unregulated market.