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RE: Bitcoin is back to trading like a risk off store of value...

in #bitcoin • 6 years ago

The bitcoin market tends to not be quite as efficient as other markets that are more institutionalized, which is my guess for why there was a delay.

6 years ago in #bitcoin by
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         6 years ago 

        Good point, but the crypto market is a 24-7 market, including a market of open access of all individuals and potentially any nation. It has the potential to be more efficient, or in effect, less influenced by paper shorts, like in the stock markets.

        Posted via Steemleo | A Decentralized Community for Investors
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               6 years ago 

              Yep, I agree, but we are not there yet. It needs to become more institutionalized to be more efficient is my guess.

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