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Title: Whats going on? Post by: MF Doom on August 24, 2015, 03:57:39 PM Obviously bitcoin is down, and facing some uneasiness in the near future.
Also, oil is back down and headed to $40, gold/silver is down and predicted to go lower, and stocks worldwide are crashing. A few weeks back the NYSE hauled trading due to a "glitch". There's no way these are all just random events. Many have been calling for another global crash, which seems to never come, but a lot have been saying this fall specifically is when things will start to happen. There is a lot of info on this topic out there, some political reasons, war predictions, Biblical predictions, and now a lot of strange events seeming to line up and start a lot of financial uneasiness going into September. So what gives, is this just the start? I also recall a graph showing very similar stock market movements happening in 1929... Title: Re: Whats going on? Post by: ashour on August 24, 2015, 04:15:24 PM There is a theory floating around that that the global economic world will crash on September 29th http://theeconomiccollapseblog.com/archives/the-seven-year-cycle-of-economic-crashes-that-everyone-is-talking-about but those are just rumors or maybe not ?
Title: Re: Whats going on? Post by: AtheistAKASaneBrain on August 24, 2015, 04:16:21 PM Obviously bitcoin is down, and facing some uneasiness in the near future. Also, oil is back down and headed to $40, gold/silver is down and predicted to go lower, and stocks worldwide are crashing. A few weeks back the NYSE hauled trading due to a "glitch". There's no way these are all just random events. Many have been calling for another global crash, which seems to never come, but a lot have been saying this fall specifically is when things will start to happen. There is a lot of info on this topic out there, some political reasons, war predictions, Biblical predictions, and now a lot of strange events seeming to line up and start a lot of financial uneasiness going into September. So what gives, is this just the start? I also recall a graph showing very similar stock market movements happening in 1929... It seems shits going down but we are yet to see to what extent. Im not worried unless things start to becoming really ugly. There's all this shemitah type of nonsense going on I personally think its bollocks, but who knows if actually there is a big crash near. Bitcoin should benefit, it's just the stupid XT debate that is not going to let Bitcoin fully shine in this opportunity. Title: Re: Whats going on? Post by: vvic on August 24, 2015, 04:19:06 PM Bitcoin holding up pretty well, considering... http://www.zerohedge.com/news/2015-08-24/todays-historic-market-open-caught-tape
Title: Re: Whats going on? Post by: botany on August 24, 2015, 06:14:18 PM Bitcoin seems to be reacting as if it were a commodity. The currency vs commodity will continue.
Most commodities are caught in a sell-off which seems to have no bottom. |