You poor soul.Yeah, very academic response, pal, good for you.
I didn't mean you. Not used to this forum. A good answer to your question would be interesting to read.
Fama on Bitcoin: the value is "likely to go to zero"
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I repeat: if you are optimistic about bitcoins, you literally don't understand 1st year grad macro. The aggressive tone is because you don't belong to this forum. You contaminate our discussion. High-quality discussion are harder when there is no common knowledge of graduate level knowledge. Please f**k off.
I bet if you lived 800 years ago you would have said those who think the earth is round don't understand first year bible class.
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lol at 1st year grad macro
I repeat: if you are optimistic about bitcoins, you literally don't understand 1st year grad macro. The aggressive tone is because you don't belong to this forum. You contaminate our discussion. High-quality discussion are harder when there is no common knowledge of graduate level knowledge. Please f**k off.
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I repeat: if you are optimistic about bitcoins, you literally don't understand 1st year grad macro. The aggressive tone is because you don't belong to this forum. You contaminate our discussion. High-quality discussion are harder when there is no common knowledge of graduate level knowledge. Please f**k off.
I bet if you lived 800 years ago you would have said those who think the earth is round don't understand first year bible class.
It was very well understood 800 years ago that the Earth is round. In fact, it was understood at least 2400 years ago and the circumference of the Earth was estimated fairly accurately at that time.
Ironically, when Columbus sailed, he used a bad estimate of the circumference. He might never have tried to sail west if he had known how far Asia was from Europe. He got lucky.
Thanks for your input though.
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Funny that Fama is arguing the current price doesn’t reflect all available information etc etc
Efficient markets do not rule out incorrect prices, just systematic mistakes.
what? yes it does. prices reflect all price-related, public, private information = correct prices.
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Funny that Fama is arguing the current price doesn’t reflect all available information etc etc
Efficient markets do not rule out incorrect prices, just systematic mistakes.
what? yes it does. prices reflect all price-related, public, private information = correct prices.
Wow guys...go look up the difference between ex ante and ex post, and then do us all a favor and kill yourself thanks