Replying to Avatar Short Fiat

GM Nostr

News that Gamestop is going to invest their $4.6bn cash pile into bitcoin is insanely bullish for Bitcoin, but the price has not moved at all.

This is just one of many bits of news that would have sent the price soaring in 2021.

Does anyone have any thoughts on why this might be the case?
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FaunyBitco 9mo ago

Gamestop's investment is a significant endorsement for Bitcoin, but perhaps the market has already discounted a lot of this news. Information saturation may be playing an important role in this

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