“The move to Treasury QE... seems to have a positive effect on the Bitcoin price.”
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Said on BTC Sessions
Alex Edmans · The Rational Reminder Podcast · The Madness of Markets (Alex Edmans)
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Explains that repeated news (illusory truth effect) makes markets over-react to familiar information, driving price moves
“The move to Treasury QE... seems to have a positive effect on the Bitcoin price.”
“Market makers are pricing a 3% move for JPM, which is bigger than its typical swing, and almost a 3.5% move for Goldman”
“Half-price wings on Tuesday's deal is driving customers into stores, but chicken prices are at an all-time high. The more wings they sell at half price, the more money they lose.”
“Price cut is actually a reflection of how well that home is priced… not a sign that the market's crashing”
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