{"id":194856,"date":"2021-06-12T11:01:13","date_gmt":"2021-06-12T11:01:13","guid":{"rendered":"https:\/\/bm.dev.synology.me\/?p=194856"},"modified":"2021-06-12T11:01:13","modified_gmt":"2021-06-12T11:01:13","slug":"de-ce-tind-criptomonedele-sa-se-prabuseasca-in-weekend","status":"publish","type":"post","link":"https:\/\/bm.dev.synology.me\/?p=194856","title":{"rendered":"De ce tind criptomonedele s\u0103 se pr\u0103bu\u015feasc\u0103 \u00een weekend"},"content":{"rendered":"<p>\nCriptomonedele sunt cunoscute pentru volatilitate, iar unii exper\u0163i sunt de p\u0103rere c\u0103 pr\u0103bu\u015firile tind s\u0103 aib\u0103 loc \u00een weekenduri.<\/p>\n<p>\n\u201eA devenit de c\u00e2\u0163iva ani un fenomen al pie\u0163ei crypto\u201d, spune Stephen McKeon, profesor de finan\u0163e al Universit\u0103\u0163ii din Oregon \u015fi partner al Collab+Currency, un fond de investi\u0163ii concentrat asupra monedelor digitale.<\/p>\n<p>\nUnul dintre motivele din spatele declinurilor este num\u0103rul mai mic de tranzac\u0163ii care sunt efectuate \u00een weekenduri, sus\u0163ine Amin Shams, profesor de finan\u0163e \u00een cadrul Universit\u0103\u0163ii de Stat din Ohio, potrivit CNBC.<\/p>\n<p>\n\u201eC\u00e2nd volumul este jos, aceea\u015fi cantitate de tranzac\u0163ii poate schimba tot mai mult pre\u0163urile\u201d, spune Shams.<\/p>\n<p>\nOpinia este \u00eemp\u0103rt\u0103\u015fit\u0103 de McKeon: de vreme ce b\u0103ncile sunt \u00eenchise la sf\u00e2r\u015fitul s\u0103pt\u0103m\u00e2nii, exist\u0103 mai pu\u0163ine tranzac\u0163ii deoarece investitorii ar putea s\u0103 nu fie \u00een stare s\u0103 \u00ee\u015fi alimenteze conturile. De obicei, recuper\u0103rile au loc duminic\u0103 seara, c\u00e2nd se deschid b\u0103ncile asiatice, urmate de institu\u0163iile bancare din Europa \u015fi, ulterior, SUA.<\/p>\n<p>\n\u00cen plus, exist\u0103 influenceri ai pie\u0163ei crypto precum CEO-ul Tesla Elon Musk, ale c\u0103rui tweet-uri pot \u015fterge zece de miliarde de dolari din pia\u0163\u0103 \u00een c\u00e2teva ore.<\/p>\n<p>\nUn alt motiv ar fi reprezentat de investitorii care \u00eemprumut\u0103 bani de la exchange-uri pentru a achizi\u0163iona mai multe active. C\u00e2nd pre\u0163urile monedelor virtuale scad sub un anumit nivel, traderii trebuie s\u0103 \u00ee\u015fi pl\u0103teasc\u0103 \u00eemprumutul, opera\u0163iune cunoscut\u0103 ca apel \u00een marj\u0103\/margin call.<\/p>\n<p>\n\u00cens\u0103 dac\u0103 investitorii nu acoper\u0103 creditul, exchange-urile pot vinde criptomoneda pentru a se asigura c\u0103 primesc \u00eenapoi banii \u00eemprumuta\u0163i, explic\u0103 Shams. Av\u00e2nd \u00een vedere c\u0103 u\u015file b\u0103ncilor r\u0103m\u00e2n \u00eenchise \u00een timpul weekendului, unii traderi ar \u00eent\u00e2mpina dificult\u0103\u0163i \u00een ceea ce prive\u015fte plata \u00eemprumuturilor \u00eentruc\u00e2t nu \u00ee\u015fi pot accesa conturile, declan\u015f\u00e2nd a\u015fa-zisele \u201esell-off-uri\u201d din partea exchange-urilor.<\/p>\n<p>\nTotodat\u0103, este posibil s\u0103 reprezinte un factor \u015fi persoanele care \u00eencearc\u0103 s\u0103 manipuleze pre\u0163ul criptomonedelor.<\/p>\n<p>\nDe exemplu, <a href=\"https:\/\/papers.ssrn.com\/sol3\/papers.cfm?abstract_id=3195066\">un studiu din 2019<\/a> arat\u0103 cum Tether, o moned\u0103 digital\u0103 care se presupune c\u0103 ar trebui s\u0103 fie corespondentul dolarului american, ar fi umflat artificial pre\u0163ul Bitcoin-ului \u015fi altor criptomonede \u00een timpul boom-ului din 2017.<\/p>\n<p>\n\u00cens\u0103 exper\u0163ii \u00eenc\u0103 nu \u015ftiu \u00een ce m\u0103sur\u0103 are loc acest fenomen, spune Shams.<\/p>\n<p>\nO alt\u0103 teorie implic\u0103 a\u015fa-numitul \u201espoofing\u201d, proces ce presupune ordinele false de cump\u0103rare sau v\u00e2nzare pentru a influen\u0163a pre\u0163ul criptomonedelor, cre\u00e2nd un sentiment mincinos de cerere \u015fi ofert\u0103.<\/p>\n<p>\nUnii exper\u0163i cred c\u0103 acest lucru se \u00eent\u00e2mpl\u0103 mai mult \u00een timpul s\u0103pt\u0103m\u00e2nii, provoc\u00e2nd cre\u015fteri ale monedelor, \u00eens\u0103 teoria nu a fost dovedit\u0103 p\u00e2n\u0103 acum.<\/p>\n<p>\nIndiferent de motivul din spatele volatilit\u0103\u0163ii din weekenduri, rezultatele ofer\u0103 o serie de provoc\u0103ri autorit\u0103\u0163ilor care iau \u00een considerare aprobarea crypto ETF-urilor (exchange traded funds).<\/p>\n<p>\n\u00cen timp ce ETF-urile func\u0163ioneaz\u0103 de luni p\u00e2n\u0103 vineri, investitorii pot cump\u0103ra sau vinde criptomonede 24 de ore pe zi, \u015fapte zile pe s\u0103pt\u0103m\u00e2n\u0103, a\u015fa c\u0103 ar putea crea o discrepan\u0163\u0103 fa\u0163\u0103 de ETF-urile cu expunere la criptomonede.<\/p>\n<p>\nAstfel, dac\u0103 pia\u0163a monedelor digitale scade cu 20% duminic\u0103, cei care pl\u0103nuiesc s\u0103 v\u00e2nd\u0103 ar putea r\u0103m\u00e2ne bloca\u0163i cu propriile lor crypto ETF-uri p\u00e2n\u0103 luni, c\u00e2nd pie\u0163ele \u00ee\u015fi \u00eencep din nou activitatea.<\/p>\n<p>\nPre\u015fedintele Securities and Exchange Commission (\u201eASF-ul\u201d american), Gary Gensler, a semnalat c\u0103 ar fi nevoie \u00een acest sens de reglement\u0103ri mai puternice \u00eenainte s\u0103 fie aprobate ETF-urile cu expunere pe monede virtuale.<\/p>\n<p>\n&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Criptomonedele sunt cunoscute pentru volatilitate, iar unii exper\u0163i sunt de p\u0103rere c\u0103 pr\u0103bu\u015firile tind s\u0103 aib\u0103 loc \u00een weekenduri. \u201eA devenit de c\u00e2\u0163iva ani un fenomen al pie\u0163ei crypto\u201d, spune Stephen McKeon, profesor de finan\u0163e al Universit\u0103\u0163ii din Oregon \u015fi partner al Collab+Currency, un fond de investi\u0163ii concentrat asupra monedelor digitale. Unul dintre motivele din [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[510],"tags":[35810,7633,7128,4878,308],"class_list":["post-194856","post","type-post","status-publish","format-standard","hentry","category-actualitate","tag-bitcoin","tag-investitori","tag-tranzactii","tag-vanzare","tag-weekend"],"_links":{"self":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/194856","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=194856"}],"version-history":[{"count":0,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=\/wp\/v2\/posts\/194856\/revisions"}],"wp:attachment":[{"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=194856"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=194856"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bm.dev.synology.me\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=194856"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}