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Betting the Fund on the Merge | Hal Press, North Rock Digital
Bankless
The Supply and Demand of Cryptocurrencies
In the equity market, there's a fairly strong link between the fundamentals and their ability to impact apply and demand. In crypto, as you notid yourself, ryan, that fundamental link is very weak. And so often what'll happen is that the fundamentals will change, but because the space isn't dominated by fundamental investors, it doesn't actually impact the supply andDemand forces. Bitcoin price goes up every having event because it's loven flows. You look at any token that has in the middle of a vesting period, and it's essentially down only no matter what's going on with fundamentals. Why becausescriptos trade on floes, not fundamentals. None of this
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