Bitcoin Forum

Bitcoin => Press => Topic started by: tyz on January 11, 2016, 06:24:37 PM



Title: [2016-01-11] Bitcoin Surges While Stock Market Sees Worst First Week Ever
Post by: tyz on January 11, 2016, 06:24:37 PM
Bitcoin was one of the few winning investments in the worst first week of the year for U.S. stocks, according to The Wall Street Journal. The Dow Jones Industrial Average (DJIA) and the S&P 500 had their worst first weeks in history.
http://www.altcointoday.com/bitcoin-surges-stock-market-sees-worst-first-week/


Title: Re: [2016-01-11] Bitcoin Surges While Stock Market Sees Worst First Week Ever
Post by: sadasa on January 11, 2016, 07:33:36 PM
There is no bitcoin surge. The price just rose 10% for the last month. It is normal price fluctuation.


Title: Re: [2016-01-11] Bitcoin Surges While Stock Market Sees Worst First Week Ever
Post by: richardsNY on January 11, 2016, 11:40:07 PM
There is no bitcoin surge. The price just rose 10% for the last month. It is normal price fluctuation.

Read the article properly. Compared to stocks and other things Bitcoin has kept its value nicely while the other investments lost value significantly. I am sure these high profile investors will come to Bitcoin with their money stashes. It will happen.


Title: Re: [2016-01-11] Bitcoin Surges While Stock Market Sees Worst First Week Ever
Post by: Minecache on January 11, 2016, 11:43:03 PM
I hope they come soon. Bitcoin is ripe for investors.


Title: Re: [2016-01-11] Bitcoin Surges While Stock Market Sees Worst First Week Ever
Post by: botany on January 12, 2016, 01:46:34 AM
There is no bitcoin surge. The price just rose 10% for the last month. It is normal price fluctuation.

Read the article properly. Compared to stocks and other things Bitcoin has kept its value nicely while the other investments lost value significantly. I am sure these high profile investors will come to Bitcoin with their money stashes. It will happen.

The article talks about returns in the first week of the year. That isn't enough to get high profile investors to come running to Bitcoin.
Those guys are probably not convinced about Bitcoin's potential yet.