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It is, but what I'm failing to understand is who are the source of Bitcoin. AFAIK the institutions are the biggest consumers now and also hoarding it, so who ar
by christiansakai 6y ago
It is, but what I'm failing to understand is who are the source of Bitcoin. AFAIK the institutions are the biggest consumers now and also hoarding it, so who are the sellers? It can't be retail investors right, I don't think they have the capacity to absorb the demand.
- renewiltord 6y agoPresumably being unable to absorb the demand is why the order book is being depleted hard enough that the price is spiking.