Post
Topic
Board Economics
Re: BTC and Stock Markets are in crash mode
by
block5561
on 07/02/2018, 16:57:41 UTC
there's a known saying among professional asset managers: 'daily fluctuations are meaningless'. This is true for equity, or 'fiat' financial markets at present, as its clear that all we witness lately is reasonable daily fluctuations driven by normal professional and institutional activity, while not varying too far from the value of underlying assets.

now, for crypto markets things are entirely different: its an emerging, fragile, small and inefficient market filled with irrational, unsophisticated players acting on incomplete information. its two different markets, dominated by two different types of players, so comparing the two is practically insensible.