3 ms·
Bitcoin's trading volume (and implicitly order book) is already bigger (impl. deeper) than stocks with comparable market capitalization, eg: BTC: $160B market
by mrb 9y ago
Bitcoin's trading volume (and implicitly order book) is already bigger (impl. deeper) than stocks with comparable market capitalization, eg:
BTC: $160B market cap, ~$5B traded/day
INTC: $200B market cap, ~$1B traded/day
So if there was panic selling of INTC, the stock would presumably dive deeper and lower than a panic sale of BTC...
- vasilipupkin 9y agosure, panic selling is possible in INTC, absolutely. Valuing INTC is easier, though, because it actually pays dividends and because it can be compared to other stocks.
- paulpauper 9y agoit is a lot lower than than that. you have to divide by the number of major bitcoin exchanges
- vasilipupkin 9y agoNot sure I follow.