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RE: Market Update Monday March 19th 2018. Tom Lee predicts BTC $91,000 in March 2020. G20 Will Not Implement More Regulations On Cryptos.
I only wonder, how much insider trading money is made by these influential folks who discuss on G20 and similar events. Must be their families, friends... And crypto yet unregulated market is perfect for such 'businesses'. Anyway, a good news for the blockchain markets!
I don't know...probably some. Imagine some G20 regulator person knowing that this has been in the cards for 6 months now. He tells his family to wait to buy until the day before today..I'm sure that happens. But not even those people can predict the markets, so I don't know..Probably some insider trading, but I don't think it matters that much. Keep in mind that most of these people don't understand any fundamentals at all. They probably tell their family not to invest because its such a dangerous investment that could KILL YOU!!
Yes, it doesn't matter much as this is still a very small scale, few folks get rich, not thousands of them. I would't however underestimate their knowledge. I'm sure there's a lot of very smart people over there. One thing to note is that top politician are usually much smarter than we think. They often act stupid though, as that's what's needed to win the masses. Politicians can only act as smart as the electorate desires.