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Begging the question. What makes the prices inflated today?
by ftlio 2y ago
Begging the question. What makes the prices inflated today?
- Ekaros 2y agoSpeculation... And probably quite a bit of wash trading...
- ftlio 2y agoSpeculation would qualify almost everything, so that would be more of a statement on macroeconomics beyond Bitcoin. BTC is liquid enough while seeing billions of dollars in inflows a month to discount wash trading as a major factor.
- AlexandrB 2y agoAs with any investment, there's always the classic "Past Performance Is No Guarantee of Future Results". But with Bitcoin a significant downturn could be an existential threat if miners decide it's no longer worth their time and money to keep the blockchain running.