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For an entire index, that would be a crash. If AMD dropped from 10 to 7 in a month, that would be bad news, but pretty normal.
by psyc 9y ago
For an entire index, that would be a crash. If AMD dropped from 10 to 7 in a month, that would be bad news, but pretty normal.
- paxpelus 9y agoThe bad thing is that in cryptocurrency markets if BTC falls then almost everything falls. I suppose this will not be the case in a more mature market.
- chrisco255 9y agoBecause all the exchanges use BTC as a sort of reserve.
- kobeya 9y agoThe price of bitcoin is an index of the bitcoin economy.