Lumifer comments on A proposed inefficiency in the Bitcoin markets - Less Wrong

3 Post author: Liron 27 December 2013 03:48AM

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Comment author: Lumifer 14 January 2014 08:57:36PM 0 points [-]

Essentially, the model says "there is free money lying on the ground, just picking it up is a 'guaranteed-positive-return trading strategy'."

I am pointing out that free money lying on the ground is an illusion.