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That isn't what I was trying to say or imply. Both markets seem pretty irrational and baffling to me.
by BitwiseFool 5y ago
That isn't what I was trying to say or imply. Both markets seem pretty irrational and baffling to me.
- throwaway4good 5y agoSorry - I should have added a smiley. Journalists always seem to write these articles where they try to explain a broad market move with a specific piece of news. In general I think they are mistaken. The market moves on its own. Had the annoucement of capital gains market happened 2 months ago when there was really strong upward momentum in crypto, then I think it would have been completely ignored.