A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Bitcoin/Stock Market correlation for beginner HODLer
Hi, I’m no economics expert by a long shot. I first purchased Bitcoins as a means of buying / transacting drugs tbh. I’m no longer doing that, I have a small amount of leftover BTC worth only about $100. I’m trying to decide if I should sell it off or invest more. One of the things that has been hard for me to understand in my research is the correlation between the stock market and Bitcoin prices Common sense leads me to believe that inflation has a negative correlation with the stock market. High inflation would mean stocks are overvalued, and therefore sold. Am I right in that assumption? That’s why it confuses me when people say that the upside of Bitcoin is that it’s a natural resupply, that you can’t just print money as with “fiat” currencies. Most people I’ve read say that inflation of the US dollar and other such currencies is a good thing for Bitcoin. My question is, why is there a positive correlation between Bitcoin prices and the S&P or Dow Jones or whatever? Based on the logic I’ve listed above, shouldn’t stock market dives increase the value of Bitcoin ?
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BITCOIN vs STOCK MARKET BUBBLE 2020 WARNING LIVE Crypto Analysis TA & BTC Cryptocurrency News
First video on this channel, looking to do fun giveaways from trading profits if we can increase subscriber and like count. Watch end of video to learn more ... HUGE Bitcoin News Today! Get Ready! 🚀 Let's discuss today how the stock market crash later this year will bring Bitcoin over $50,000! And you guys, what do y... Bitcoin Price Analysis & Crypto News! 👍 THUMBS UP & SUBSCRIBE NOW + 🔔! ... BITCOIN vs STOCK MARKET BUBBLE 2020 🚨WARNING🚨 🎯LIVE Crypto Analysis TA & BTC Cryptocurrency News ... I charted the Dow Jones and I believe we will have a crash in late February which I think will cause Bitcoin to bottom around the same time. I cover potentia... BITCOIN to go straight down with the stock market? Yes! A stock market collapse is not good for BTC & the crypto markets, but eventually a reversal for BITCO...