Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 02/03/2024, 21:25:58 UTC
⭐ Merited by JayJuanGee (1)
A nice documentary for any traders here who still think derivative trading back and forth > hodling:

https://www.youtube.com/watch?v=A5w-dEgIU1M

The quote close to the end (from a mathematician who has proven that market is "not efficient"): "essentially, you can beat the market if you have large computational resources, etc."
Ahem...I wonder what Google, Microsoft, Nvidia and OpenAI are doing with this?
Imho, whatever inefficiencies they find, they would extract it from everyday mom and pop investors who "blindly" invest in indices, mostly.
I know that the Medallion fund (Simons) did turn it's attention to bitcoin at some point few years ago.