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450 billion market cap, larger than 99.99% of stocks. Also, it is much more liquid. I have no idea what "driven by bots" means.
by josu 6y ago
450 billion market cap, larger than 99.99% of stocks. Also, it is much more liquid.
I have no idea what "driven by bots" means.
- garmaine 6y agoI don’t think he realizes every financial market is “driven by bots” (HFT) these days.
- nikolay 6y agoExcept that the Bitcoin bots are ways less sophisticated.
- garmaine 6y agoAre you sure of that? Many of them are done by the same people.
- nikolay 6y agoYes, I'm pretty sure.
- josu 6y agoHey, I re-read your initial message and I agree. My reply makes no sense. These short term movements are definitely influenced by bots, fragmented liquidity and issues trading venues.
- deleted 6y ago[deleted]