Bitfinex does a haircut and price rises sharply. WTF?!?

in cryptocurrencies •  8 years ago 

Cryptos are not only detached from the banking system, they must also be detached from common sense. The only market in the world that reacts bullishly after a haircut was announced. So what would happen if, let's say, they announced that they would give back all the stolen assets? 2000% rise?

Crazy Crypto...

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Everything is possible :).

I upvote U