3 ms·
>A single $1B of outflows shouldn't tank a market like this by 40%... It depends what kind of market you think it is. The fact is there's no economic fundament
by simonh 5y ago
>A single $1B of outflows shouldn't tank a market like this by 40%...
It depends what kind of market you think it is. The fact is there's no economic fundamental supporting the value of Bitcoin, so it's value is just whatever speculators are willing to pay at any given time.