Cyph3rp9nk on Nostr: Meanwhile the Yen... https://m.primal.net/IwGS.png ...

Meanwhile the Yen...

quoting
note1hgu…4v5d

Now they will tell you that it is because of the Bitcoins of mtgox, 140000 bitcoins is a ridiculous volume, look how much the derivatives market moves.

The derivatives market for bitcoins (futures and options) is tied to the spot market, look at the volume that moves daily in the derivatives market and you will understand why the mtgox is nonsense, again, what is happening is a lack of liquidity in the markets and bitcoin is very sensitive to this.

Waiting for Japan to capitulate and the US to come to the rescue of the Yen.

note1zn5…hwuk