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A comment on The Bear Case for Crypto, Part II: The Great Bank Run. Parent comment

Re:The Bear Case for Crypto, Part II: The Great Bank Run by mrb on Monday November 27, 2017 @05:26PM (#15792192)
Bitcoin's trading volume (and implicitly order book) is already bigger (impl. deeper) than stocks with comparable market capitalization, eg:

BTC: $160B market cap, ~$5B traded/day

INTC: $200B market cap, ~$1B traded/day

So if there was panic selling of INTC, the stock would presumably dive deeper and lower than a panic sale of BTC...

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Re:The Bear Case for Crypto, Part II: The Great Bank Run by vasilipupkin on Monday November 27, 2017 @05:48PM (#15792371)
sure, panic selling is possible in INTC, absolutely. Valuing INTC is easier, though, because it actually pays dividends and because it can be compared to other stocks.
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Re:The Bear Case for Crypto, Part II: The Great Bank Run by paulpauper on Monday November 27, 2017 @06:31PM (#15792777)
it is a lot lower than than that. you have to divide by the number of major bitcoin exchanges
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Re:The Bear Case for Crypto, Part II: The Great Bank Run by vasilipupkin on Monday November 27, 2017 @06:47PM (#15792873)
Not sure I follow.
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