Quote from: idontknow on September 27, 2011, 10:45:44 AM

Quote from: ThomasV on September 27, 2011, 09:56:22 AM

My interpretation is that the supply of bitcoins is now distributed among much more people than a
few months ago. We saw a lot of massive sales, where a single trader used to sell 10k or 20k bitcoins
at once. When this happened, the coins that were sold were distributed among many buyers; the result
is that the number of people holding bitcoins is now much higher. Of course there were a few massive
buys too, but much less; buyers typically bought smaller amounts, especially during the downward trend.

So if that's true, how long until people stop complaining about the early adopters?

2 years later: People are still complaining about the early adopters.

Oh, and the end of hypervolatility you say? Cheesy

idontknow

Posts

Merits