bitcoin vs world economy - page 15. | Bitcointalksearch.org

pinkflower

sr. member

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Quote from: dE_logics on May 21, 2018, 09:29:38 PM

There appears to be a very weak correlation between the S&P500 and the price of Bitcoin and other cryptos. Cryptos have a higher correlation with generally high volatility in the equities market than with poor performance.

Then what are these high equities market that BTC has a higher correlation with? Do you mean the stock markets of developing nations? They are "in general" higher in volatility.

dE_logics

hero member

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There appears to be a very weak correlation between the S&P500 and the price of Bitcoin and other cryptos. Cryptos have a higher correlation with generally high volatility in the equities market than with poor performance.

Renal

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Bitcoin and the world economy are very different where bitcoin is the digital currency, while the world economy also affects bitcoin because both have a good dependence on Bitcoin and the economy

pocket_lck

newbie

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Bitcoin will always be strong to be independent, with the development of digital technology that can change the online habits of humans can provide many future opportunities for bitcoin, because I believe that bitcoin will be the currency of the future.

Cryptocb

newbie

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Bitcoin is a function of digital money, that is control by blockchain technology community, and have nothing to do with a country economy, rather many people in the world are looking upto bitcoin, because it attract so many people, with out disappointment. Bitcoin is real

tabas

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Top Crypto Casino

Quote from: TomFord593 on May 20, 2018, 10:00:12 AM

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

This happened many times so your example has been fulfilled already. There are cases that if a country isn't too powerful and not influential then bitcoin mostly won't get affected. But if a country has a tiger economy, it will have an effect.

Quote from: TomFord593 on May 20, 2018, 10:00:12 AM

do you think Bitcoin is strong enough at this point to be self-sustaining?

Yes it is, bitcoin has been down and up many times so it can sustain itself even without these countries who bans it but countries who adopts it is a good help.

Ishiro5

copper member

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Bitcoin is evolving, and as popular as it seems, we are still at the early adoption stages. It will certainly revolutionalize the world's economy by changing the game for the government and people of the world.

bright4mech

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bitcoin vs world economy is a difference function all together, bitcoin is simply known as crypto currency that is well design, as an asset as the way it be, bitcoin has come to assist world economy on the ecosystem

rudyjavon

newbie

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although Bitcoin is growing rapidly but the world economy is not only situated on this only rather it will take time for Bitcoin to share position in world economy with other economical drivers.

roadwell890

member

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at the time of the G20 conference, a number of countries proposed to discuss cryptocurrency,
then, when the discussion begins, it turns out cryptocurrency is not so strong in the eyes of the world,
crypto market is only 1% of the total world economy

TomFord593

newbie

Activity: 2

Merit: 0

Hi everyone

I'm pretty new to all of this and thinking about buying some bitcoin.

I have some concerns about the world economy influence on bitcoin.

For example what if the US decides to put restrictions on bitcoin? will it have a chance to not fall apart completely?

do you think Bitcoin is strong enough at this point to be self-sustaining?

thanks for the help

Topic: bitcoin vs world economy - page 15. (Read 2565 times)