I'm looking for historic market systems which might lend foresight into what I call the CEX Effect - instant, commodifiable GHs liquidity that will always have a steep premium over the 'street' GHs price and may realize no actual or consistent value correlation to it whatsoever.
While its still too early, I like to start on hot n'heavy with speculation & conjecture, so. I think there may be some heretofore unseen market logic playing out here.
I guess its something like an inverse dividend where the GHs price stability is achieved thanks to a consistent stream of current price buy orders from mining payouts. As the block rewards come so frequently and are sufficiently small/valueless, there is little incentive for individuals to wait for a better price and not just give your horsepower a little instant bump. Just buy, don't think just BUY - why not, you have a frikin cloud that prints money.
"CEX Effect, market logic, street GH's liquidity versus commodifiable GHs liquidity". I concur, your summary is on point. Interesting market psychology to say the least.
Hot n'heavy with speculation & conjecture? Yes, bring it on. This is healthy. With the increase of volume on the market from the realization of the existance of this service I am actually surprised this thread has not "blown up" by now. Mimicking a past btct.co security thread, minus the trolls of course
