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Author Topic: Bitcoin - Stock correlation?  (Read 2568 times)
im3w1l (OP)
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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?
miscreanity
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August 07, 2011, 11:05:25 PM
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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
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August 07, 2011, 11:29:01 PM
 #3

not any more. Cheesy
miscreanity
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August 07, 2011, 11:35:57 PM
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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).
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