Who owns bitcoin?
I know about bitcoin since it was a project and was trading for a cent.
Now I see the price increased to 500 USD. In real world, you would be stupid not to sell.
But I see very litle transactions at this price. So, the question is who oun bitcoin. Not a few bitcoins, but millions of them?
The math is very simple. You own millions of bitcoins that you bought at 1, 2, up to 40 USD. You cannot sel them at curent price, because the market will crash.
But if you increase their value to as much as posible, you will have billions of virtual dollars in bitcoin.
I know that there are a few people owning the bitcoin economy. A person owned 500.000 btc on mtgox when it was hacked. Then an investment found also bought a few millions btc.
So, how do you think this investors will exit without destroing the btc value?
The investment found said they will create a trading platform to bet on bitcoin. Witch is great, except they own the bitcoin so is like betting against the table on the casino. You might win some, but in the long run you will loose.
What other strategy do you imagine for this investors to monetizeze their bitcoin stock?
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