3 ms·

The market did react. BTC was down and then turned around on the hourly that this was announced? Or am I missing something?

• rawtxapp 5y ago
  That's typical volatility, imo, a reaction would have been 10+% in either direction and it was well known throughout the day well before the actual announcement itself.
  • bidirectional 5y ago
    Or maybe the value of this news is just deemed as <10%? That's a completely arbitrary number which is ultimately only based on the number of fingers humans tend to have.
    • rawtxapp 5y ago
      That's very much possible, but it's still difficult to know that through the noise of the usual volatility I guess.