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This headline is a joke as I feel with most of these "stock went up" headlines. There is an increase in the price of Bitcoin in the last 6 hours: that means ver
by tyleo 4y ago
This headline is a joke as I feel with most of these "stock went up" headlines. There is an increase in the price of Bitcoin in the last 6 hours: that means very little. Stocks go up and down with no clear way to predict whether the trend will continue.
- asdf1asdf 4y agoremember these finance newspapers reward for "moving the market". source: https://www.businessinsider.com/bloomberg-reporters-compensation-2013-12?op=1 https://www.businessinsider.com/bloomberg-reporters-compensa... WSJ sends out press release to other newsrooms saying how they are leading on cryptocurrencies reporting. Don't have to think too far to see why the headlines are similar...
- pavlov 4y agoYeah, 10% swings either way is simply a regular day for Bitcoin. It’s the medium-term trend that looks a bit worrisome for bulls.