Altcoins Talks - Cryptocurrency Forum
Learning & News => For Beginners => Basic Questions about Cryptos => Topic started by: fire-man on June 27, 2018, 07:19:50 AM
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If “everyone” is selling their bitcoin now, who is doing the buying? :) :)
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if everyone is seller so no one can be a buyer, anyway why you asking this question? unique question i think
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Everyone is not the same meaning as everybody. When everybody selling their bitcoin then we conclude that the buying will do by the new comers or by the faithful bitcoin believers.
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a very unique question in my opinion, maybe in my opinion who bought newcomers and could be the buy that made bitcoin .
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I think newbie will do the buying or hard core bitcoin believers. but this question is kinda tricky though
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Obviously not everyone is doing the selling then, for every sale there is a buyer and a seller. No more, no less. Institutional money is squeezing out panic sellers and taking their money, that's all.
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Traditionally, retail investors but high and sell low. While institutions buy low and sell high. So to answer your question, at the moment most likely institutions are buying as they weed out retail investors
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Maybe the exchange will buy. But if the exchange does not want to buy, this is where the problem will arise. Coins become worthless because no one wants to buy the coins we have.