What We Can Learn From Bitcoin Markets

in #bitcoin5 years ago

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Unlike stocks bitcoin is traded 24/7 and so far from watching stock markets and crypto it seems that crypto for the most part knows ahead of time when there will be a global sell off. Hours before the stock market sell of bitcoin plummeted by 10% we now see this same thing happening in stocks however its taking 2 days longer!

Could this be insight on yet another reason why bitcoin and cryptocurrency really is needed.


You can now trade any time of the day, use it at any point you want to buy real things and transact it far faster even if it takes a hour or a few hours then our current market system.


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They cannot keep these traditional financial markets open 24 hours because they need middlemen to ensure counterparties actual perform their obligations whereas blockchain is fundamental in not needing them to confirm transactions given the distributed ledger. As financial markets see these benefits, they too will ultimately go towards this cheaper and safer technology to become more operationally efficient.

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