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Isn't the worth of any crypto-currency down to market psychology though? By that metric any price movement is irrational.
by frgtpsswrdlame 9y ago
Isn't the worth of any crypto-currency down to market psychology though? By that metric any price movement is irrational.
- TheSpiceIsLife 9y agoEconomics is a social science. It could be argued very few things have intrinsic value. It could be argued all markets are down to purely human psychology. Birds, for example, don't really care how much you paid for those 3000 tonnes of wheat, only that there's a hole in one of the train carriages transporting it.