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tejohnsotoday at 2:57 PM1 replyview on HN

> if you spend any money on it, you deserve to be parted with your money.

Yet it's already trading at >20% over IPO price on Bitmex


Replies

root-parenttoday at 3:51 PM

That is leveraged speculation on a future listing before real float, real index flows, or real public market ownership exist. With a 20% premium that is evidence that the hype machine is working, and the best evidence of engineered retail FOMO.

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