Post
Topic
Board Bitcoin Discussion
Re: Bitcoin's liquidity and volatility
by
SquirrelJulietGarden
on 19/08/2024, 03:53:43 UTC
For most of bitcoin's existence, what appears to be volatility is just the market trying to determine the price of a new asset.
New asset?

I am sorry by disagree with you but after more than 15 years since January 2009, Bitcoin is no longer a new asset. This fact proves by a factoid in Bitcointalk forum.

Bitcoin is no longer in an experimental mode

Quote
When markets drop in property, stocks, forex or even altcoins - bitcoin drops. From FTX to Japan raising interest rates just a quarter of a percent. A lot of people turn their bitcoin into dollars and there's a dip.
Even altcoins?

You are saying opposite to the truth. Altcoins are affected by Bitcoin up and down but Bitcoin is not affected by altcoins up and down. Altcoins depend on Bitcoin for their trends but Bitcoin leads cryptocurrency market includes thousands of altcoins.

Bitcoin has nothing to do with Terra or FTX collapses. They have own businesses with bad capital and risk management so they collapsed.