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Topic: Who are the buyers of coins? - page 2. (Read 1519 times)

legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
September 24, 2014, 11:04:51 PM
#3
altcoin Speculators
poeple that want to send money to friends and family overseas without any fees.
people whose governments / banks devalue their currency at alarming rates.
hedge funds
me!
hero member
Activity: 614
Merit: 500
September 24, 2014, 11:00:17 PM
#2
Buyers:
4) People covering their shorts
full member
Activity: 129
Merit: 100
September 24, 2014, 10:56:59 PM
#1
I was thinking earlier about who really is going to be buying a lot of coins in the future to pump up the price. When I consider things, there actually are a lot of people selling in large quantities everyday.

Sellers:
1) People who acquired BTC cheaply early on an want to dump for huge gains
2) Miners usually need to sell to cover electricity and such. I believe the majority of recently mined coins are sold quickly.
3) When people buy on tiger direct or what not, the BTC is instantly sold for USD


Buyers:
1) Traders/Speculators
2) Dice gamblers
3) Miners who can buy equipment in btc

Help me think of who else is buying up a lot of coins on the regular.


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