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As someone who watches the price of bitcoin in detail every day, the price bump from today is not related to this news. It's just usual market activity (stop h
by 21 8y ago
As someone who watches the price of bitcoin in detail every day, the price bump from today is not related to this news.
It's just usual market activity (stop hunting)
- kylebenzle 8y agoAre you saying that if you were a trader or just in the market to buy and sell Bitcoin, and somehow you knew, 100%, 24 hours before anyone else, that Coinbase was announcing this, it would not influence you at all? Because that is what you are saying.
- 21 8y agoYes, this is what I am saying. This is minor news. This is old news. It was known that this was coming since at least November: https://medium.com/@barmstrong/announcing-coinbase-custody-a-digital-currency-custodian-for-institutions-907166d7af85 https://medium.com/@barmstrong/announcing-coinbase-custody-a...