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Notes -
Well, that's an interesting questions - e.g. banks use deposits to issue loans, but what Coinbase is doing with its 2 mln bitcoin deposits? This is a valid question but very different from the assertion @Tree was proposing. Looking at https://data.bitcoinity.org/markets/volume/30d?c=e&t=b the trading volume in BTC is in around tens of thousands of coins traded daily, which is of course small part of overall bitcoin mass but still a respectable volume as it seems to me. Over a longer period of months, the volume is in millions, so I don't think it'd be right to assume the BTC market is so illiquid that the prices are substantially caused by lack of liquidity. Of course, I am not an economist, so if somebody more qualified could point out an error in this assessment, I'd be thankful, but that's what it appears to be to me.
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