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Topic: Only pre-existent bitcoin bag holders are buying on GBTC & XBT (Read 701 times)

legendary
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Daily ritual, what a sad little creature. Can't imagine any real humans wanting to associate or befriend such a creep.
legendary
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The revolution will be monetized!
legendary
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hero member
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Circle gets the Square
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Quote from: uhoh
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Identity: NLC
full member
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newbie
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It doesn't look like neither Wallstreet nor Average Joes are buying GBTC or XBT. The volume is so small.

I think only pre-existent bitcoin bag holders are buying GBTC & XBT and making their bags even heavier so the volume wouldn't be too embarrassing (without them the volume could be 0, crash would happen),
They are hoping one day some one else would be attracted and take over those bags.

How long do you think they can maintain buying this small volume everyday?
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