You are viewing a single comment's thread from:

RE: Current Bitcoin Drawdown Resembles that of the Nasdaq in 2000

in #bitcoin7 years ago

Thank you for the post.

Interesting comparison, for me I am a bit sceptical when these commentators compare action in the crypto market to that have wall street. My logic is that the stock market is entrenched in everyone's life through either direct or indirect (401k) exposure . I don't believe the crypto market has nearly enough market participants to be compared, nor does it run on the same news as the stock market. That's not to say there are some crossover points but I still think they are two completely different beasts.