Re:What to Worry About in This Surreal Bull Market
by Obi_Juan_Kenobi on Tuesday November 28, 2017 @03:32PM
(#15801197)
I wouldn't read into that beyond pure coincidence.
US investors are only a portion of the Bitcoin market, and the price action of the past year or so isn't at all out of line with the general growth trend.
The notion that Bitcoin would serve as a 'safe haven' during a market crash is also far from a foregone conclusion. Certainly possible, but I have difficulty accepting that traditional financial institutions would see it that way.
US investors are only a portion of the Bitcoin market, and the price action of the past year or so isn't at all out of line with the general growth trend.
The notion that Bitcoin would serve as a 'safe haven' during a market crash is also far from a foregone conclusion. Certainly possible, but I have difficulty accepting that traditional financial institutions would see it that way.