Ask HN: How would a stock-market crash affect the bitcoin exchange rate?
In the 2008 crash, the S&P 500 dropped >50% of its value over roughly a year[1]. If that were to happen again today, how would the price of bitcoin in USD be affected?
[1] http://www.google.com/finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=maximized&chdeh=0&chfdeh=0&chdet=1384894800000&chddm=983756&chls=IntervalBasedLine&q=INDEXSP:.INX&ntsp=0&ei=45mLUtD2MeSpsge-0gE Bitcoin would probably gain value because people see it as "digital gold". Is that the only significant force that would act on it, though? Probably depends on why the stock market crashes.