Post
Topic
Board Economics
Re: Stock Market and Bitcoin
by
BitHodler
on 08/05/2018, 09:06:35 UTC
There are many places where the stock market and bitcoin exchanges meet, but the basic difference is that bitcoin can be traded all day long without a day off. And there is no limit to the rise in bitcoin, as long as there is demand for it.
Stock markets could technically allow 24/7 trading to happen as well, which isn't all that difficult since everything is automated already. But I do somewhat like that stock markets close.

It gives the markets rest and time to think in case they need it, while with the crypto market there is no time to rest or think. If it's going down then it does so hard, and the same applies to when it goes up. It's one crazy market.

Also, individual stocks can keep going up endlessly as well, but their growth is purely based on the underlying value, which is the company itself. Google has the potential to keep rising due to their dominance.

Basically everything we do is based on Google and stored on their servers, which is somewhat of a scary thought, but that makes them one of the few businesses being able to keep rising endlessly with how the internet grows.