Hacker News new | ask | show | jobs
by tokenadult 4574 days ago
The last time I posted a news story about a Bitcoin sell-off, most participants here didn't believe me, because the sell-off wasn't apparent in the ticker they follow.[1] Now I keep a closer eye on that ticker, to see how much lag there is in trading after market-changing news is announced. Bitcoin is still very volatile, and it's not clear who can succeed in timing the market. "Markets can remain irrational a lot longer than you and I can remain solvent"[2] is still good investment advice.

[1] http://bitcointicker.co/

[2] https://en.wikiquote.org/wiki/John_Maynard_Keynes#Attributed

1 comments

The other possible issue there is that Magic the Gathering Online Exchange tends to behave weirdly differently to all other exchanges.