[uncensored-r/Bitcoin] Stock prices measured in bitcoin.
The following post by johnturtle is being replicated because the post has been silently greylisted. The original post can be found(in censored form) at this link: np.reddit.com/ Bitcoin/comments/7ix5wq The original post's content was as follows:
Do bitcoin investors use EMH to guage bitcoin value or do they use trading algorithms that tie bitcoin's price to the stock market?
https://en.wikipedia.org/wiki/Efficient-market_hypothesis I have a hard time wrapping my head around this with bitcoin and I know that price ultimately boils down to supply vs demand. How do ordinary redditors/investors explain the dip earlier this year when it went below $5k using EMH?
Bitcoin News. PayPal’s New Service Is A $50 Billion Stimulus Check For Bitcoin - Forbes October 25, 2020; How often should you buy Bitcoin? - AMBCrypto English October 25, 2020; Bitcoin (BTC) Held By Private & Publicly Traded Companies Hits $10.2B - Ethereum World News October 25, 2020; How to build a crypto mining rig in 2020 to earn Bitcoin and Ether - Cointelegraph October 25, 2020 Find the latest Bitcoin USD (BTC-USD) stock quote, history, news and other vital information to help you with your stock trading and investing. As the market valuation of the total stock of bitcoins approached US $1 billion, some commentators called bitcoin prices a bubble. In early April 2013, the price per bitcoin dropped from $266 to around $50 and then rose to around $100. Over two weeks starting late June 2013 the price dropped steadily to $70. The price began to recover, peaking once again on 1 October at $140. On 2 October, The Bitcoin (BTC) prices - Nasdaq offers cryptocurrency prices & market activity data for US and global markets. Bitcoin staying above $8,000 is a sign of increasing momentum and detachment from the stock market beta-pull, according to Bloomberg senior analyst Mike McGlone.In a new bitcoin report published ...
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