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Is 90% of the market still speculation? Call me when it's not.
by Touche 11y ago
Is 90% of the market still speculation? Call me when it's not.
- maaku 11y agoWhat does that even mean? If I were to add up every single transaction involving USD, what percentage do you think would be HFT and other Wall St speculation?
- jsprogrammer 11y agoEven better, if you add up every spendable unit of USD you'll find that the vast majority of it originates in a bank loan. All of that HFT and Wall St. speculation is using leveraged bank credits.
- Touche 11y agoA fraction of the same type of transaction for Bitcoin.