Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
MadAndHoldersPattern
on 13/04/2018, 08:38:57 UTC
I don't see how any macroeconomic or political events matter to crypto. All ups and downs are determined by exchanges, whales and insiders and they don't care about macro events. It's not like that real people investing influences the price that much on short term basis.
Mt.Gox bots did more to bitcoin price increase than Cypriot banking crisis or war in Ukraine for example which barely had any effect and couldn't stop the post Gox bear market.