Re:Robinhood Crypto – Invest in Bitcoin and other cryptocurr...
by tptacek on Thursday January 25, 2018 @11:44AM
(#16232182)
Because...?
[ Parent
| on HN ]
Re:Robinhood Crypto – Invest in Bitcoin and other cryptocurr...
by tannerwj on Thursday January 25, 2018 @11:47AM
(#16232221)
Because it is based on supply and demand, it's just more volatile than what you're used to. Doesn't make it luck
Re:Robinhood Crypto – Invest in Bitcoin and other cryptocurr...
by vec on Thursday January 25, 2018 @12:24PM
(#16232562)
The price is a function of the supply and demand.
The supply is mostly a function of time, as defined by the blockchain's algorithms.
The demand is a function of what, exactly?
Still looks mostly like luck to me.
Re:Robinhood Crypto – Invest in Bitcoin and other cryptocurr...
by WhiteOwlLion on Thursday January 25, 2018 @12:52PM
(#16232848)
you have hodlers which reduces supply even more.
demand is a function of greed.
Re:Robinhood Crypto – Invest in Bitcoin and other cryptocurr...
by bluntfang on Thursday January 25, 2018 @12:26PM
(#16232579)
blackjack tables are based on supply and demand. the margins on blackjack are ~51% in favor of house. if they don't get enough traffic, a swing could take the house. So if there isn't enough demand, than it's not financially feasible for the house to play those odds.