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Posted on 5/22/17 at 11:42 am to Salmon
The way I understand it is they gain and lose value like stocks.
You buy a stock low and sell really high. Who is buying that stock?
You buy a stock low and sell really high. Who is buying that stock?
Posted on 5/22/17 at 11:43 am to Salmon
We've had a few posters here, IIRC, that claimed to have bought or mined bitcoins from way back so they should be here to explain it all, as soon as their Gulfstream lands in Bora Bora.
Posted on 5/22/17 at 11:44 am to Salmon
quote:
who are these people that would give me $73 mil for my bitcoins?
poloniex, for example, you could unload your coins within minutes
Posted on 5/22/17 at 11:49 am to Salmon
quote:
who are these people that would give me $73 mil for my bitcoins?
BTC markets are like commodities markets, and people are constantly buying them
could you sell $73M in one transaction? probably not, but over time? certainly
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