Post
Topic
Board Bitcoin Discussion
Re: No seller in the market
by
White Christmas
on 13/03/2020, 07:41:12 UTC
From yesterday night, in Bangladesh, we are unofficially lacking of bitcoin seller. No one is selling BTC at the moment anymore which was very different on last 2/3 days.
None of the local BTC providor exchanges have reserve. I have looked at some local exchanges, their conversion rate is very higher. Usual rate of 1 USD = 85bdt to 95bdt, but it's 105bdt now.
Even with this change, people purchased all the BTC available on those exchanges and so far how many exchanges I have checked are out of BTC supply.
Lacking of bitcoin seller? Maybe right now it is already lacking on selling the bitcoin because the bitcoin value was very down and it is really sad to say so that the sellers are not selling their bitcoins in the market because of the heavy loss that they may get. The people are just holding right now their bitcoin because this is the bright thing to do.