Re:What Is Cryptocurrency: Everything You Need to Know
by mirimir on Tuesday November 15, 2016 @03:32AM
(#12956496)
Yes, that could happen.
By 'regression to the mean', I just meant that Bitcoin prices come to reflect average desirability. So even huge events like the pump/dump bubble that Mt Gox (or its infiltrator) created eventually damp out.
Right now, I gather that it's largely Chinese investors who are pushing Bitcoin prices up.
By 'regression to the mean', I just meant that Bitcoin prices come to reflect average desirability. So even huge events like the pump/dump bubble that Mt Gox (or its infiltrator) created eventually damp out.
Right now, I gather that it's largely Chinese investors who are pushing Bitcoin prices up.