Is there really a connection between stock market and bitcoin? If there is, I'm afraid I don't see it.
Both stock market and bitcoin have different sets of traders and as far as I can tell, they do not overlapped. Bitcoin traders are more tech savvy, while the stock market traders are usually the more old-school traditional ones who aren't into tech (think of buffett)
when the next major crash comes.. it will yet again highlight the problems with the current financial system.. imagine the attention bitcoin will get if it rises to 3-4k in the midst of a major stock market crash! its hard to tell though because bitcoin hasnt lived through a crash yet so its hard to tell what will happen.. my guess it that it will act like gold.. rising when stocks fall and falling when stocks rise.. but that wont happen until this exponential growth pattern is complete and it levels off... untill then it will follow the current trend regardless of the stock market! thats just my 2 cent...
