BitNBeautiful on Nostr: Yes... that's exactly the risk they take, right? Because if they're never ...
Yes... that's exactly the risk they take, right?
Because if they're never accumulating, how do they get their BTC?
And if they don't take a risk, how do they make money?
There's no such thing as a free lunch. They expose themselves in order to make a profit.
They are like a water reservoir. In rainy season they accumulate water and in dry season they dispense water. But all year round they provide a steady stream of water.
Now, the water reservoir is empty. And people have to bid for the available water. What happens to the price of water, in this situation?
Because if they're never accumulating, how do they get their BTC?
And if they don't take a risk, how do they make money?
There's no such thing as a free lunch. They expose themselves in order to make a profit.
They are like a water reservoir. In rainy season they accumulate water and in dry season they dispense water. But all year round they provide a steady stream of water.
Now, the water reservoir is empty. And people have to bid for the available water. What happens to the price of water, in this situation?