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Topic: Bitcoin can be analyzed as a kind of stock - page 4. (Read 938 times)

legendary
Activity: 4410
Merit: 4766
August 29, 2018, 11:13:31 PM
#3
stock: no
asset: yes

if you own stock. you are registered as having a % representation of products total value that a company possesses. it does not mean you own that actual produce. you just own a percentage if a value that a company has.

this is why i think newbies and dumb finance wannabes try to hard to concetrate on meaningless things like market caps. bcause they just dont understand bitcoin.

1bitcoin is not 0.000004761905% of the bitcoin network
btc value is not measured as a market cap and sold off as percentages of market cap value either

bitcoin has a price per unit. and the bitcoin market cap is a meaningless math number that is not backed up by dollars.

bitcoin is an asset. when an asset is owned. its owned. its that simple. its not part of a corporations 'stock' its not a product warehouse of % ownership.  
1bitcoin is 1 bitcoin.

it is owned by whoever has the keys. there are no laws that force it to be sold on any particular exchange or having it forced to only be traded by licenced traders.
its just an asset. if you own it. you own it. no one can tell you what to do with it
member
Activity: 448
Merit: 17
August 29, 2018, 10:47:54 PM
#2
I think that is exactly what happened, a lot of expert traders from stock players, moved to cryptocurrency because of greater profits
and I think, the way the price analysis done by crypto experts seems to be the same as stock experts
jr. member
Activity: 308
Merit: 3
August 29, 2018, 11:48:15 AM
#1
- Remember that Bitcoin has no correlation with any kind of commodity in technical analysis such as stocks, bonds, crude oil. Large banks and investment funds in the world have their own research team on the analysis of the currency.
- When you own a stock, you are holding a corporation in the flesh, when you own a bitcoin or other electronic currency, you have to accept a complete dependence on technology and algorithms. You can not complain about anyone because nobody is the owner, nobody is responsible for the goods you are holding.
- If the price of securities is impacted by macroeconomic, micro, market, brand, ... Bitcoin prices are easily shocked by a group of people who own large coin and terrible traditional.
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