zlacker

>>JumpCr+(OP)
Wall Street is not doing well at the moment[1] and is probably calling on it's hedges[2] - including Bitcoin - to cover losses.

[1] >>46904619

[2] https://en.wikipedia.org/wiki/Hedge_(finance)

>>krunck+qc1
My guess is that Bitcoin was never a actual hedge. But instead fully speculative gambling. Hedge is really something someone would want in market correction or something that keeps value in such. Bitcoin never was actually wanted for anything but gambling.