Very nice post. I think the best points you made were boiling down the level of complexity to the efficiency of pricing. Since bridgecoin is caveman simple to understand it stands to reason that it will trade closer to its fundamental value. Something like Bitshares on the other hand which demands some significant interest to understand is much more likely to trade away from its fundamental value.
You are viewing a single comment's thread from:
Nice extraction! Ya I think a course in psychology is necessary to be a sophisticated crypto investor; or at least in any market dominated by retail investors.
You may find this of interest - https://en.wikipedia.org/wiki/Keynesian_beauty_contest
Very interesting! Thanks for sharing.