Is this just a case of everyone in the bitcoin market being "unsophisticated" in the quantitative sense? or is there some new form of market micro structure being created here?
Not everyone, but a lot of people heavily involved with bitcoin and other cryptocurrencies are rather unsophisticated.
Anyone reading this comment: Has someone started doing automated round trip trading between the various cryptocurrencies and conventional currencies?
Not everyone, but a lot of people heavily involved with bitcoin and other cryptocurrencies are rather unsophisticated.
Anyone reading this comment: Has someone started doing automated round trip trading between the various cryptocurrencies and conventional currencies?