• eronth@lemmy.world
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    8 hours ago

    Also, a lot of trades are based on what you’re expecting other people to do. If everyone trades that way then nobody is trading based on reality.

    • underisk@lemmy.ml
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      5 hours ago

      Yeah, the algorithms also form a similar feedback loop with their trades. Then you have people and competing algorithms predicting what those algorithms will do and trading based off that and the result is an entirely vibes based economy.