Re:Bitcoin Exchange Had Too Many Bitcoins
by gnaritas on Thursday August 03, 2017 @01:05PM
(#14921414)
> Healthy competition optimizes for value, HFT is just optimizing for profit.
Value is measured by profit, if what the HFT's were offering was of no value, there would be no profit in it as no one would buy their liquidity. HFT sell liquidity, that there are willing buyers proves their value. Quite simply, you do not know what you are talking about.
Value is measured by profit, if what the HFT's were offering was of no value, there would be no profit in it as no one would buy their liquidity. HFT sell liquidity, that there are willing buyers proves their value. Quite simply, you do not know what you are talking about.