Quote from: Royse777 on December 27, 2020, 01:12:10 PM

Just to make it clear, my regret is not the price point I sold.

I am concern about who are buying the coins, where will all these coins will go eventually. The coins I sold has already planned for some purpose, one is re-buy if the price drop significantly

I find myself asking the same exact question and that's what attracted me to this thread because, like you, not that I've sold any significant amount of bitcoin of recent but have been looking for a major opportunity to invest some $ and it seems the opportunity won't be presenting itself anytime soon as the market tends to continue on an uptrend. So, who is really buying these bitcoins as this

Quote from: kryptqnick on December 27, 2020, 01:17:16 PM

Well, people in the US are likely to receive stimulus checks again, and this money will come from printing more. If they then spend it on BTC (as some allegedly did the first time), it would be that the system supported Bitcoin, but of course indirectly. I do agree that there would be no such direct steps because it's irrational for them to betray their currency.

Though the stimulus cheques might account for some possibilities, a direct government hyperinflation is an unlikely situation as it reflects negatively on fiat. Perhaps this is some developers instrument at play or some other reasons. Which ever it is, there is a lesson at the end and most of it will still end in the profits of hoarding for value.