No seller in the market - page 2. | Bitcointalksearch.org

YOSHIE

legendary

Activity: 2128

Merit: 1775

Quote from: Little Mouse on March 12, 2020, 08:05:33 PM

From yesterday night, in Bangladesh, we are unofficially lacking of bitcoin seller. No one is selling BTC at the moment anymore which was very different on last 2/3 days.

Not only in your country Bangladesh, experiencing this phenomenon, everyone was devastated in recent days, including in my country, the purchase and sale of BTC has fallen sharply, I read and looked at various sources ranging from Twitter and this news is caused by the corona that is attacking at the moment, but whether it's true or false, what is clear is that Bitcoin is currently experiencing unexpected things.

Really ironic what happened the last few, in general people experience bad things 'investment capital is sinking'. Maybe with this factor people are afraid or stop selling / buying for a while, waiting for the market to stabilize, people don't want to take risks.

For me can only pray, the crypto market in the future can recover and people start trading and investing again as before.

Darker45

legendary

Activity: 2576

Merit: 1860

Really? This sounds unbelievable. While your country is lacking of Bitcoin sellers, the whole world is definitely overflowing of it. The sell orders are inundating the market. The buy orders must be buried deep down. Panic selling I guess, or cut loss perhaps, or early take profit, I don't know, must be because of a gloomy market forecast due to the virus most probably. Or perhaps people simply need cash.

Mk4 above me is right. Make the most of it and make money. This dire situation right now won't stay for long. Strike while the iron is hot.

mk4

legendary

Activity: 2940

Merit: 3883

📟 t3rminal.xyz

If you can buy through p2p exchanges like LocalBitcoins and if you have enough capital, this might be a good arbitrage opportunity. Try comparing the prices if you can buy BTC through USD, and sell it for BDT. The price might be big enough for you to take advantage off it.

Little Mouse

legendary

Activity: 2268

Merit: 2327

Marketing Campaign Manager |Telegram ID- @LT_Mouse

From yesterday night, in Bangladesh, we are unofficially lacking of bitcoin seller. No one is selling BTC at the moment anymore which was very different on last 2/3 days.
None of the local BTC providor exchanges have reserve. I have looked at some local exchanges, their conversion rate is very higher. Usual rate of 1 USD = 85bdt to 95bdt, but it's 105bdt now.
Even with this change, people purchased all the BTC available on those exchanges and so far how many exchanges I have checked are out of BTC supply.

Topic: No seller in the market - page 2. (Read 286 times)