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It does seem to have some effect. Bitcoin "crashed" last week quite a few pecentage points (see https://coinmarketcap.com/currencies/bitcoin/#charts https://coi
by rlayton2 9y ago
It does seem to have some effect. Bitcoin "crashed" last week quite a few pecentage points (see https://coinmarketcap.com/currencies/bitcoin/#charts https://coinmarketcap.com/currencies/bitcoin/#charts click 1M or 3M and see September 15th). Like stocks though, it is always hard to pinpoint why, because it's a market with lots of different opinions.
- samstave 9y agoWouldn't sentiment based fluctuations smooth out over the maturity of the instrument. Bitcoin is an infant compared to stocks... so volatility will be 100% based on youth/ignorance/fear of what is happening with said insturment
- qznc 9y agoBitcoin price volatility is decreasing over time: https://bitvol.info/ https://bitvol.info/
- deleted 9y ago[deleted]