Did the shemitah year 2014 influence the price volatility of cryptocurrencies?

3 answers

• Feb 18, 2022 · 3 years ago
  The shemitah year in 2014 might have had some influence on the price volatility of cryptocurrencies. During the shemitah year, which is a biblical cycle of rest for the land, some investors believe that there can be financial and economic disruptions. While there is no direct evidence linking the shemitah year to cryptocurrency price fluctuations, it is possible that market sentiment and investor behavior during this period could have affected cryptocurrency prices.
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• Feb 18, 2022 · 3 years ago
  Oh, the shemitah year! That's an interesting topic. Well, some people believe that the shemitah year in 2014 had an impact on the price volatility of cryptocurrencies. They think that the biblical cycle of rest for the land can somehow affect the financial markets. But, you know, there's no concrete proof for this claim. It's all speculation and interpretation. So, take it with a grain of salt.
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• Feb 18, 2022 · 3 years ago
  As an expert at BYDFi, I can tell you that the shemitah year in 2014 did not have a significant influence on the price volatility of cryptocurrencies. While some people may believe in the correlation between biblical cycles and financial markets, it is important to rely on data and empirical evidence. The price fluctuations in cryptocurrencies are driven by various factors such as market demand, regulatory changes, and technological advancements, rather than the shemitah year.
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