They say Markets are efficient...clearly they aren't because Steem's price doesn't reflect all available, relevant information at this time.
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They say Markets are efficient...clearly they aren't because Steem's price doesn't reflect all available, relevant information at this time.
Very good point. The question is does market efficiency only come into play with a certain amount of liquidity. We know the overall crypto market is very small. Thus what is known is not heavily traded since few people involved in it.