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by crazygringo
501 days ago
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Those are uses. They aren't fundamentals, e.g.: https://en.wikipedia.org/wiki/Fundamental_analysis Money transfers aren't setting the value of crypto. They don't meaningfully affect the supply and demand, since the goal of a transfer is generally to hold the crypto for as short of a period as possible, to minimize price fluctuation risk -- so supply and demand are balanced without changing the price. |
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