You really don't understand do you. If you did you would not be buying into this whole crypto scam.
You don't even realise what some of the tasks of the RBA besides setting the overnight bank notes are and why they were given 9 billion dollars operating money.
That is the free market system to float the currency and let it find its true worth so that trade may take place in a balanced way.
If your currency gets too high it will adversly affect the economy so it floats.
The whole Australian economy is what the currency value is based on, sure there are shorts, longs and the whole nine yards but the dollar is an extremely fluid investment and can be switched from one investment to the other. Try that with crypto's
If you have a degree in economics perhaps you should read the books again because you dont seem to grasp the whole idea.
Its a mute point really as the trading banks now have control of cryto's. In a couple of years you may understand what and how CME's COMMEX works.
Like most investments in stocks you sell when you make a certain level of profit. I dont understand why you people didnt off load your crypto's when they hit 15000. Perhaps its because you cant.
