Quote from: Tytanowy Janusz on April 09, 2020, 03:00:31 PM

ALMOST "reach a value of 0$" for a millisecond on a single exchange that crashed during massive spam of trades. So what? Does that change anything for you how low flash-crash went? It's only flash crash. Currently, SP500 is -17% from before covid panic sell - btc is -25%!
SP500 is a index of 500 biggest US stocks, was prevented from drops by circuit breakouts (at least 20), helped by helicopter money. BTC was on his own.

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"Traditional markets are in circuit breaker mode the majority of time;. They only trade occasionally." - BTC was exposed to panic sell for much longer.

But lets also compare average volatility. According to that BTC reacted more calmly to panic sell than most assets. Especially stocks.

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Safe-haven saves you during economic crisis. Nothing saves you during market crash. Especially during whole world, all assets massive panic sell caused by pandemic.
Economic crisis is not equal market crash.
Flash-crash is only a flash-crash. Does not mean anything.

Ah, there are other people that understand whats happening in traditional markets. I was getting worried after reading a little here this morning.

What I wanted to add. We are only in the infancy of crypto. Watch when we come out of the other side of this. More and more exchanges are listing BTC and those printers running non stop printing money, well....a LOT will go into BTC come later this year.

Unrelated, but totally related. Gold too. While there is plenty out there, you cannot print more. You cannot print more BTC. Anything in limited quantities will go up after this crisis.

And while warren buffet has massive cash, its not sitting in the us dollar...

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