/biz/ - Business & Finance

In other words for them, the playing the bitcoin market is like running a auto dealership. The bitcoins are the cars on the lot. Today, they're X, hopefully tomorrow the market can support higher prices, but lower are okay, as long as their algo adjusts for price fluctuations.

Pic related.

Imagine the liquidity of this business model. No showroom, no inventory, just the opportunity to sell something for the price of a car. Hey, these people are walking on the lot offering to buy for $8800... Tomorrow maybe 10k, maybe 6k.

For them this isn't investment, its profit/loss, cash flow, the buying and selling algos fully substitute for a business model.