Bitcoin Forum
May 08, 2024, 07:30:13 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Bitcoin - Stock correlation?  (Read 2560 times)
im3w1l (OP)
Sr. Member
****
Offline Offline

Activity: 280
Merit: 250


View Profile
August 07, 2011, 04:02:14 PM
 #1

Some people here have expressed the idea that bitcoin should hold its value as stock markets crash, but it seems as if bitcoin has depreciated too. Is this attributable to a global dry up of liquidity, risktakers?
1715196613
Hero Member
*
Offline Offline

Posts: 1715196613

View Profile Personal Message (Offline)

Ignore
1715196613
Reply with quote  #2

1715196613
Report to moderator
1715196613
Hero Member
*
Offline Offline

Posts: 1715196613

View Profile Personal Message (Offline)

Ignore
1715196613
Reply with quote  #2

1715196613
Report to moderator
Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
miscreanity
Legendary
*
Offline Offline

Activity: 1316
Merit: 1005


View Profile
August 07, 2011, 11:05:25 PM
 #2

Yes, it has been suggested.

Multiple factors are affecting what's going on, many of the same which are causing equity market collapses. The Bitcoin economy is simply being swept along, as it is a tiny market.
cypherdoc
Legendary
*
Offline Offline

Activity: 1764
Merit: 1002



View Profile
August 07, 2011, 11:29:01 PM
 #3

not any more. Cheesy
miscreanity
Legendary
*
Offline Offline

Activity: 1316
Merit: 1005


View Profile
August 07, 2011, 11:35:57 PM
 #4

not any more. Cheesy

Patience, grasshopper Smiley

With additional monetary stimulus, the equity markets will continue their upward trend. Note that Bitcoin seems to be more sensitive to that (assuming the correlation is valid) and precedes the major markets by a bit (pun intended).
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!