Topic: Bitcoin has more active hours than the stock market (Read 427 times)
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Now compare the percentage of money lost on exchanges that disappeared between Bitcoin and the stock market. I hate playing devil's advocate in this case, but it hasn't been all good for Bitcoin.
The reason why people who are actively trading in the market shift in crypto is because they know how the phase makes changes every day and they enjoy making the volatility ride on to get profit unlike in the stock market it takes weeks and months before seeing the gains still it depends on your trading habit now but seems recently people enjoying the price action like recently the halving comes to an end and its their chance to gain and ride for the bullrun for the next ATH.
Indeed, nothing can match the active trading hours of Bitcoin, as time goes by, more and more people will trade using Bitcoin rather than trading on the stock market. Many people are switching to trading Bitcoin rather than the stock market because the profits to be gained are greater when compared to trading on the stock market. Bitcoin also has the advantage of a price that continues to increase from year to year, besides being good for trading, bitcoin can also be invested.
Bitcoin market is a global market. Which is open 24 hours, there is no concept of holiday here. Yee is the only market where people of all walks of life, whether young or old, male or female, rich or poor, can work without discrimination. Although it is more popular among youths and students because it starts with very little capital. It is a fast growing business of modern technology.Blockchain technology ensures its security. This business has many qualities and advantages that make it more profitable than the traditional stock market.
Bitcoin is unregulated and has been online almost every second since its launch. The stock market is regulated and besides the scheduled weekend closures and holiday closures there are other events that requires the markets to be closed. A suspected run on stocks can result in a closure too.
Without regulation, no one has a kill switch with which to open and close trading.
The unregulated nature of Bitcoin makes it more interesting because we are allowed to invest whenever we feel like to invest because there is nothing like the market going for a break during weekend unlike the stock market which you have explained that normally closed every weekend and even if someone has an ongoing trades it will be on hold till they resumed, so the major difference between the two is just the weekend closure and the regulation but in terms of trading possibilities they are almost the same thing but in Bitcoin you cannot lose your money so long as you are using sports trading, while stock trading works the opposite. Without regulation, no one has a kill switch with which to open and close trading.
Since 1971, the stock market has had 10,737 hours of active trading hours.
Bitcoin – 38 years younger – has had 123,774 hours of active trading hours.
This is a great thing for bitcoin without a doubt. I know that many people do not even care about it, but that is definitely an amazing thing and we should be happy about it without a doubt. I know that it feels like there are some issues but at the end of the day it's what we need and we should be seeing this getting a greater result.Bitcoin – 38 years younger – has had 123,774 hours of active trading hours.
Bitcoin being so much more active means that it applies to the whole world and not just a local thing, and it also means that you do not have to work on it for just eight or nine hours, you can work on it twenty four hours a day and that means you can arrange your timing yourself. Normally it's a nine to five job at stock market, but here, you want to handle something at nine to five? Just go do your trading after six and you will be fine, and you can be flexible like that.
Plus, days are similar too, you could work on the weekends and relax on weekdays if you want sometimes and switch it up, so you can just have better things to do sometimes during weekdays.
There is no doubt that bitcoin is really the modern day stock market, amwith it high adoption within the general public and the ease that comes with trading bitcoin compared to the old traditional stock assets make bitcoin to spread like wild fire among the global stock traders, and this have resulted into bitcoin having more recognition aod popularity compared to the old traditional stock markets.
This is just one aspect and we have several other aspects that make bitcoin much more appealing than the old stock market in terms of activities and coverage within the time.
Because volatile trading also triggers more active activities and is not controlled by anyone, so that at any time in real time bitcoin trading will continue to run. The point is there is no holiday time for bitcoin price movements, no matter how stagnant the situation is, it can always be an opportunity to take advantage, while stocks are more stagnant and do not pose a big risk, their trading is relatively moving in place. Now the era is different, in Stocks you can get rich in a long time but in bitcoin there is a faster and cheater way to chase their rich positions from stocks. This is just one aspect and we have several other aspects that make bitcoin much more appealing than the old stock market in terms of activities and coverage within the time.
Since 1971, the stock market has had 100,737 hours of active trading hours.
You missed a zero. 
I think it is easier to compare you local country's stock market with crypto and I am sure that the former runs for a fixed number of hours for a fixed number of days per week except holidays, while bitcoin runs 24*7*365.
Still does the number of active hours indicate anything to be good or bad? I dont think that it does. It ends up being a personal choice of owning what you prefer over the number of "active hours"
Like @pooya87 mentioned, bitcoin is a currency so thats another factor, it is less similar to stock markets than to forex markets.
Still does the number of active hours indicate anything to be good or bad? I dont think that it does. It ends up being a personal choice of owning what you prefer over the number of "active hours"
Like @pooya87 mentioned, bitcoin is a currency so thats another factor, it is less similar to stock markets than to forex markets.
This reminds us that Bitcoin and its market is decentralised and can be traded
26/7/365. It also means anyone can access the markets without an asset manager.
We dont have to wait for the "markets" to open to buy, sell or trade. There is a sense of
freedom in that!
26/7/365. It also means anyone can access the markets without an asset manager.
We dont have to wait for the "markets" to open to buy, sell or trade. There is a sense of
freedom in that!
How decentralized can a market be when the majority of its trading volume is concentrated on centralized exchanges and large transactions are made through bitcoin ETFs? The bitcoin network is decentralized, but the bitcoin market is not as decentralized as we think. And to be more precise, cryptocurrency is a free market because it is not as regulated and tightly managed as other financial markets, but it is not decentralized.
This is an interesting finding but it doesn't say anything and I don't see anything to get excited about. I would be happy if there was news about crypto market cap or liquidity surpassing the stock market. It would be a historic moment but I don't think it will happen.
]It does not really mean anything but it is an interesting fact nonetheless, after all it would be difficult to imagine this being true when bitcoin has existed for such a short amount of time compared to the US stock market, but since the bitcoin market is open every single day at all hours and there is not a kill switch anywhere to stop it in the case a crash is underway, then this should not be that surprising either.
It's just an interesting comparison to show that Bitcoin has gained acceptance over a short period of its existence. I also think that OP should have indicated that the comparison was between Bitcoin and a particular stock market because if you compare the trading hours in the global stock market, it will surpass Bitcoin trading hours.
There's a reason for that and wgat you said is one of it and my opinion why it never sleep is because there are traders all around the world and each country have different time whereas my country is morning while the other is in evening so that's why it does have more active hours than stock market and in my opinion this also increase when a country made bitcoin a legal tender. I wonder which country has many hours in all of active hours.
I don't think location or time zone affects the comparison. It also looks like the statistics are based on the US stock exchange market. The evident reason is that the stock market is highly regulated and they have closing hours. But a crypto trader can trade anytime and any day without any form of restrictions, so it is normal for the sector to have more trading hours.
This reminds us that Bitcoin and its market is decentralised and can be traded
26/7/365. It also means anyone can access the markets without an asset manager.
We dont have to wait for the "markets" to open to buy, sell or trade. There is a sense of
freedom in that!
26/7/365. It also means anyone can access the markets without an asset manager.
We dont have to wait for the "markets" to open to buy, sell or trade. There is a sense of
freedom in that!
No matter how much I study Bitcoin, there’s always something that amazes me.
Today I discovered something really cool: If we consider the “beginning” of the modern stock market in 1971 – when the US abandoned gold – Bitcoin has been online longer than the stock market.
Since 1971, the stock market has had 10,737 hours of active trading hours.
Bitcoin – 38 years younger – has had 123,774 hours of active trading hours.
Today I discovered something really cool: If we consider the “beginning” of the modern stock market in 1971 – when the US abandoned gold – Bitcoin has been online longer than the stock market.
Since 1971, the stock market has had 10,737 hours of active trading hours.
Bitcoin – 38 years younger – has had 123,774 hours of active trading hours.
Some may not understand this presentation but let me make it clear that the rate of bitcoin activity trading duration surpassed the stock markets because bitcoin does not have a closing season or even such sanitary holidays that the government would always impose on the stock market due for some personal public service reasons.
Imagine such system of economy regulations where traders in the stocks would be ordered not to function in some specific periods just because a set of governance remarking a honouranary situation such as public holidays but meanwhile traders are loosing a lot in their businesses and of course it would affect the economy and public revenues but bitcoin as a digital and a decentralized trading technology is at 24/7 activite that even at disasters, bitcoin trading still flexible and active in conjunction globally.
So, there should be every reasons why the activeness of bitcoin trading should surpass the stocks market duration.
Today I discovered something really cool: If we consider the “beginning” of the modern stock market in 1971 – when the US abandoned gold – Bitcoin has been online longer than the stock market.
Bitcoin is unregulated because it is traded on exchanges almost all the time and that is why bitcoin has no rules regarding trading hours and even bitcoin is online almost every second so it has no limits.
The stock market is not like that because there are limits for opening and closing orders and it is regulated in such a way, this is in contrast to bitcoin which has no limits for anyone to enter the market to be active in trading.
Sometimes you can't open access to stocks and mutual funds because trading in your country may be closed but you are free to trade in bitcoin without counting hours or anything else.
I suppose it is so given that Bitcoin market never sleeps. But that likely says more about the apples v oranges comparison than anything too meaningful about Bitcoin itself. Its not exactly matching up the entire global crypto market cap against the whole world's stocks. Just Bitcoin on its own nonstop trading against one countrys stocks during their business hours. Still an interesting statistic, but probably more technicality than significance as far as comparing the legitimacy of both markets.
There's a reason for that and wgat you said is one of it and my opinion why it never sleep is because there are traders all around the world and each country have different time whereas my country is morning while the other is in evening so that's why it does have more active hours than stock market and in my opinion this also increase when a country made bitcoin a legal tender. I wonder which country has many hours in all of active hours. 
I think one factor is about the weekend closing and shifts for weekdays for the stock market. Whilst for bitcoin, its downtime was just a few decimals in percentage so, it's a big factor and it's running time since it was launched was 99.98% based on bitcoinuptime.com
There were only two downtimes (2010 & 2013) that it has got but that was more than a decade ago when it was still on its infancy.
There were only two downtimes (2010 & 2013) that it has got but that was more than a decade ago when it was still on its infancy.
I suppose it is so given that Bitcoin market never sleeps. But that likely says more about the apples v oranges comparison than anything too meaningful about Bitcoin itself. Its not exactly matching up the entire global crypto market cap against the whole world's stocks. Just Bitcoin on its own nonstop trading against one countrys stocks during their business hours. Still an interesting statistic, but probably more technicality than significance as far as comparing the legitimacy of both markets.
It does not really mean anything but it is an interesting fact nonetheless, after all it would be difficult to imagine this being true when bitcoin has existed for such a short amount of time compared to the US stock market, but since the bitcoin market is open every single day at all hours and there is not a kill switch anywhere to stop it in the case a crash is underway, then this should not be that surprising either. 
I suppose it is so given that Bitcoin market never sleeps. But that likely says more about the apples v oranges comparison than anything too meaningful about Bitcoin itself. Its not exactly matching up the entire global crypto market cap against the whole world's stocks. Just Bitcoin on its own nonstop trading against one countrys stocks during their business hours. Still an interesting statistic, but probably more technicality than significance as far as comparing the legitimacy of both markets.
I am sorry but where do you get this information which I doubt to be correct.
You want to compare active trading hours of Stock market and Bitcoin market but not within a same period. With stock market, it is since 1970s and with Bitcoin market, it is since late 2009. The Bitcoin genesis block is in January 2009 but it takes some months before there are exchanges for Bitcoin to have active trading.
You want to compare active trading hours of Stock market and Bitcoin market but not within a same period. With stock market, it is since 1970s and with Bitcoin market, it is since late 2009. The Bitcoin genesis block is in January 2009 but it takes some months before there are exchanges for Bitcoin to have active trading.
I find the news hard to believe too but it is very possible. I will not run along with it because I have not confirmed it myself, but when you consider all the things involved, it can very much be true. The US market runs for 11 hours daily if you don't include pre-trading and after-trading hours.
A quick calculation of when bitcoin was first traded in late 2009 shows that bitcoin has been traded for over 121 thousand hours. If the time of the stock exchange is correct then I believe the information the OP posted might be correct too.
Bitcoin doesn't have any trading hours, weekends, or holidays, so it may have more trading hours than the US stock market.
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