I saw a headline somewhere that France was warning other major economies to monitor markets for signs of chaos following the latest nuclear test (this time a hydrogen bomb, allegedly) by North Korea.
But here I am sitting in America where tomorrow is Labor Day, meaning markets won't open until Tuesday. A whole fricking two days away before any investors can react to the geopolitical tensions. I mentioned, on Twitter, that this is an eternity in crypto time; but this chap corrected me with the actual facts:
How old fashioned! How quaint, indeed! Your Twitter stream of chaos never ever stops nor does the cryptocurrency market. Though I'm sure there are some wishing they would halt for a few hours just in order to get some peace of mind. LOL.
Anyway, the fact that major market moving events can happen but investors aren't actually able to respond for another 48 or even 72 hours, makes one ask if there are even free markets at all? And you can see why all of Wall Street has become bored with their much more constrained, only-free-a-few-hours a day markets and moved over to crypto en-masse.
Once you go crypto, you can never go back.
[Signed, Stacy]