Cognitive Bias: Bitcoin Price Anchoring

in bitcoin •  6 years ago 

We don't always think rationally and logically when it comes to bitcoin prices. In this video, we consider the anchoring effect that can make the market seem higher (or lower) than it really is.

This episode is sponsored by Americas Cardroom, the most trusted online poker site. Fund your account AND claim your winnings using your favorite cryptocurrency!

Make your first deposit using bonus code CHRONOS to get 100% bonus + up to $50 cash.

US players welcome! Play TODAY: http://ow.ly/NEzd30guKzU


About the show: One Minute Crypto is among the fastest-paced bitcoin shows in the universe. We cover everything on blockchain technology: walkthroughs, tutorials, news, and more. Check us out at http://oneminutecrypto.com.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

Learn more about this subtle yet powerful bias on Wikipedia. https://en.wikipedia.org/wiki/Anchoring