Re:Bitcoin Halving Just Occured
by mudlus on Monday May 11, 2020 @10:17PM
(#23149889)
Look at the stock market right now, does that seem efficient? Sometimes volatility is necessary.
"Imagine if a publicly traded company announced that in 1 years time, they would buy back half of their outstanding shares (not a great analogy but its the best I can think of). What would happen to the stock price?"
The irony is that a bunch of companies are and did do EXACTLY this with trillions of dollars designed to bail out the economy.
"Imagine if a publicly traded company announced that in 1 years time, they would buy back half of their outstanding shares (not a great analogy but its the best I can think of). What would happen to the stock price?"
The irony is that a bunch of companies are and did do EXACTLY this with trillions of dollars designed to bail out the economy.