2 ms·
I don’t know but I don’t like that stability in a gambling market. This is not the case of asset being stable because the business is stable - there is no busin
by mrtksn 4y ago
I don’t know but I don’t like that stability in a gambling market. This is not the case of asset being stable because the business is stable - there is no business beyond betting on the price of the asset. For me this is an indication of loss of interest in the casino.
Even if there seems to be a trading volume, i’m skeptical of that trading. Maybe it’s just painting the tape?
What are those people achieving by trading the thing at about the same price? Are we churning believers? Why would the price be stable?
- coffeebeqn 4y agoVolume is not that useful. Could just be 10 whales trading with each other or exchanges doing some programmed rotations. When there’s nothing really backing the price then it’s most likely manipulation