3 ms·
Yeah cause it's going through wild price swings due to idiosyncratic factors (Mt Gox, "Civil War", Coinbase decreasing purchasing frictions etc) which are prett
by fullshark 9y ago
Yeah cause it's going through wild price swings due to idiosyncratic factors (Mt Gox, "Civil War", Coinbase decreasing purchasing frictions etc) which are pretty orthogonal to the stock market.
Regardless I think the wild price ride crypto has been on this past year is primarily driven by speculation (and possibly market manipulation), and as such when the recession comes and investors face a liquidity crunch they will sell their BTC.