@tracyalloway@Nouriel That is a misleading example it took 100 years for coke to make coke classic but in the meantime there was pepsi, dr pepper, 7up and other sodas. Plus thousands of different drinks options. Even if doing the parallel between currencies and sodas is dumb at least do it right
@iamjosephyoung The whole idea of the market is to find a price equilibrium in which sellers and buyers are indifferent until new info comes in... lack of volume/volatility is neither good nor bad it just means the price = expectations
@lawmaster Regulation doesnt prevent the market to go up or down... facebook lost $100B in a day without any fundamental change and stocks go up and down daily as well. If you can prove something illegal happened i.e insider trading cool if not then regulations wont change anything
@iamjosephyoung Its probably costs more than the $0.25 as all the banks have teams that verify the wires, reconcile the account, etc. Actually the profit is very small almost next to nothing. Which is the problem itself it is expensive
@RonnieMoas That’s what prediction means... they claimed a result within a confidence interval. If they say there was 60% of hillary winning it means that to their scenario 4/10 times trump was going to win
@Bacon_Chain@cz_binance You literally have one point as your sample if you assume a bull market lasts 97 months (8 years) thats not enough to claim cycle or bull/bear market theory
@RonnieMoas Setting a reminder in 4 weeks. It is very irresponsable to make such a wild claim in which the evidence you may have is not that reliable... you are implying there is a 25% chance bitcoin doesn’t tank.. can you really assure that? I think nobody can
At #GoldmanSachs we all had trading restrictions, having every order reviewed by compliance before being able place it. This included people with no access to private information, how come someone that literally sets policy doesnt have restrictions? #btc
https://t.co/7dczMOIkEp
@JackTatar@cburniske I kind of disagree. Just because there is history for $btc doesnt mean it is relevant or a good predictor today. The price behaviour of Btc when the market was $100 million is not similar to today’s $150 billion market.
And who says that only the #bitcoin and #cryptocurrencies markets are manipulated? Don't know who, but probably a lot of people made money out of that tweet
$TSLA $BTC
https://t.co/Pvv7Uz0tgZ
Not that I support banning or #Censorship but don't $twtr, $fb and youtube as private companies have the right to decide what they want on their platform?
@officialmcafee Its tricky because apple, youtube and fb also have the right to decide what to publish on their platforms as well. So forcing them to have him is violating their right
@officialmcafee Not at all... If people are willing to pay X for 1 BTC that its going to be the price regardless of the cost of mining. If X is more expensive than the cost of mining it more people will do it, driving the cost up, if its less then fewer people will mine driving the cost down