A major waterfall drop in BTC exchange rates yesterday followed by a massive decline in global equity markets today. Is Bitcoin already acting as a more effective and efficient financial structure than established markets? Does its decentralized nature allow for more accurate price discovery? I haven't seen anything here discussing this reverse association.
that the Bitcoin price correlates well with equities, though that observation isn't backed by hard empirical data yet. It's also been noted
that Google Trends
has an interesting relationship to the rate of Bitcoin adoption and valuation.
How closely tied to other markets is the Bitcoin system? Thoughts, ideas, inferences?