What? Now the cope has turned into Bitcoin following the stock market? Is it just that you don’t want to admit you’re wrong or do you really misunderstand the Bitcoin market so much that you think what just happened was due to the stock market? I guess your post answers that question, but you couldn’t possibly be more wrong with your analysis, whether you acknowledge it or not.
Just a coincidence I'm sure. And technically, it would have lead the stock market as the stock market was closed on the weekend.
Exactly. The stock market drop was mostly related to 2 things. 1) Iran saying they were going to attack Israel, & 2) The media pushing the idea that Kamala was winning in the polls.
The Bitcoin drop was also due to 2 separate factors. 1) The news that mtgox would be distributing BTC to creditors, & 2) Germany dumping their coins.
While my Bitcoin is down around 20% from the peak, my stock portfolio is at all time highs. Ridiculous to say Bitcoin follows the stock market.