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Title: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: First77 on February 21, 2018, 01:36:00 AM U.S stock market Dow Jones fell -800 points in 20 minutes last week ;D
Crisis coming to Bitcoin ??? Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: sabine80 on February 21, 2018, 01:52:31 AM i don't think so. i believe the money from the stock market comes again to bitcoin. for me this is a good note. last time dow jones goes up, bitcoin price went down. maybe i'm wrong, but this are my thoughts.
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: Whibu on February 21, 2018, 02:00:24 AM Despite the crisis in bitcoin but I'm not too scared, because I understand that bitcoin will definitely return to success again. Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: Manoharachan on February 21, 2018, 02:15:56 AM Hopefully it will not happen again on bitcoin, and now bitcoin is already showing price increases. Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: First77 on February 21, 2018, 04:37:02 AM Hopefully it will not happen again on bitcoin, and now bitcoin is already showing price increases. Silver was $80/ounce in 1980. it was something new then Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: easynote on February 21, 2018, 04:41:30 AM Hopefully it will not happen again on bitcoin, and now bitcoin is already showing price increases. Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: rommelzkie on February 21, 2018, 05:25:04 AM Many traders and investor are slowly switching and investing on bitcoin. and its happening now. More and more traders are preferred trading crypto rather than Forex, Stocks, Bonds etc. This is because of the high volatility. The crypto market just got started and we are very lucky because in our generation this block chain technology happened .
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: First77 on February 21, 2018, 06:37:12 PM Bitcoin -10% now at $10,600
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: BrewMaster on February 26, 2018, 06:10:07 AM it is funny how some people think bitcoin is a "stock on a US stock exchange"! it is as if they never even read a single line about what bitcoin is and have been trading it on exchanges with blind eyes to reality. of course OP is just an idiot who is trying so hard to short bitcoin these days and make a few bucks but the number of people like him is increasing these days... and they will get flushed out of the market by some whales pretty soon because they keep trying to go against the market.
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: squatz1 on February 26, 2018, 06:19:06 AM Bitcoin is now farther down, though I wouldn't think that the US stock market and bitcoin is pegged at all. While the Bitcoin market was blowing up in Dec and extremely bullish, the US stock market wasn't bullish at all. The US stock market did go up yes, but nothing compared to the amount of massive gain that crypto actually went through
So while I would say that at some points it looks as if they follow one another they usually don't. Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: Thao_Mama on February 26, 2018, 06:41:36 AM I think areryone can buy BTC to save their asset
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: Viellefox1025 on February 26, 2018, 06:50:45 AM I think Bitcoin is like gold, has an inversely proportional relationship with the stockmarket. When the stock market becomes unstable people will end up buying more Bitcoin/gold.
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: Kakmakr on February 26, 2018, 07:29:20 AM Before these Wall Street guys entered Bitcoin, we saw a increase in the Bitcoin price, when the stock markets took a beating. Lately, when these stock markets suffer, we also see a decline in the Bitcoin price. This is telling me that these Wall Street guys are not just invested in Bitcoin futures. I think they have bought bitcoins on the side and they panic sell, when there is a slight dip in the price. <We definitely have a lot more speculators in the Bitcoin scene, lately.>
Bitcoin used to be a excellent Store of Value, but this is also changing with the introduction of institutional capital. Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: EckhartJV on February 26, 2018, 07:48:39 AM No its not, the Dow Jones free fall was characterized by a sudden and unforeseen fall in stock prices that happened in a day. its been weeks sins the BTC prices started wavering, at some point it even picked up value up to $11K, this was a characteristic not seen in the Don Jones crisis, one thing they have in common however is, the Don Jones picked up ,stabilized and is currently running smoothly, and so will BTC Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: First77 on February 26, 2018, 07:50:29 AM No its not, the Dow Jones free fall was characterized by a sudden and unforeseen fall in stock prices that happened in a day. That is 5th February 2018 Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: Denisliternyjj on February 26, 2018, 08:10:57 AM For Bitcoin this year will be one of the most successful for all time! Since this year the whole world uses bitcoin and develops the latest technology for its ease of use! And maybe he will replace our usual currency in the near future!
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: Hellobx on February 26, 2018, 08:19:57 AM I think when the stock market prices fell, then more money should be transferred to cryptocurrency market, so when stocks have fallen, we should feel excited, because the cryptocurrency market of bull market has come.
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: Jico79 on February 26, 2018, 08:30:13 AM Its practicality gives us a good sign that we can use as the value of diamonds why we do not accept.
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: munareal on February 26, 2018, 08:35:51 AM This shows that real equity and fixed asset are moved to crypto currencies and also when crypto is down for any reason it indicates that crypto monies are move to real equity and fixed asset. This is a trend that will continue.
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: MrCrank on February 26, 2018, 08:39:55 AM U.S stock market Dow Jones fell -800 points in 20 minutes last week ;D Crisis coming to Bitcoin ??? Why you think about crisis? Dow Jones is Dow Jones.. Bitcoin is bitcoin and no one crisis can't stop rising of BTC :) Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: teilwalL05 on February 26, 2018, 08:46:20 AM The Price is really down at the moment but I don't think that Dow Jones and bitcoin is related at all and If it is down it doesn't mean that bitcoin is responsible for its down trend because it is two different things, And in my opinion it is just a coincidence that both are down at the same time, But it will never be bitcoins fault that Dow Jones are down at the meantime.
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: jose111 on February 26, 2018, 09:35:06 AM The Price is really down at the moment but I don't think that Dow Jones and bitcoin is related at all and If it is down it doesn't mean that bitcoin is responsible for its down trend because it is two different things, And in my opinion it is just a coincidence that both are down at the same time, But it will never be bitcoins fault that Dow Jones are down at the meantime. Definitely, I agree to you sir, maybe it's only a coincidence. No need to worry about this, I think Bitcoin is only undergo for it's ups and down fluctuation. This is like it's previous experiences. There will be a decreasing and after that increasing is coming. Just hold on and believe that the better one is coming soon. Two different things will not become one ever. So just regret it and don't panic. Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: hinterland on February 26, 2018, 09:57:16 AM Even if its a catastrophic crash, BTC will still perform better than most if not all currencies.
Either way I plan to clean up during any financial crash, cheap houses and stocks. Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: Pan Troglodytes on February 26, 2018, 10:19:18 AM Since when does Dow Jones reflect prices of bitcoin? If anything, crisis on US stock market is a good prognosis for bitcoin prices. Those people desperately withdraw their money from stocks and they have to put it back into something.
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: monkeydominicorobin on February 26, 2018, 10:27:16 AM U.S stock market Dow Jones fell -800 points in 20 minutes last week ;D Crisis coming to Bitcoin ??? What does Dow Jones' buffoons have to do with Bitcoin. If ever they felt that stocks are bearish. People will put money on Bitcoin. Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: coin163 on February 26, 2018, 10:30:49 AM I think when the stock market prices fell, then more money should be transferred to cryptocurrency market, so when stocks have fallen, we should feel excited, because the cryptocurrency market of bull market has come. Maybe or maybe not. Many people don't know or enough understand about cryptocurrency and blockchain.Many don't like invest to startup and here even they don't know any physically company based as we can see many scammed. So only person who have IT skill will jump to this market as well. Let's hope bull market will come soon and I wish it will be stable not much bubble like before Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: patt0 on February 26, 2018, 10:32:03 AM U.S stock market Dow Jones fell -800 points in 20 minutes last week ;D Crisis coming to Bitcoin ??? I don't think so. I saw an article, I don't remember where, and I didn't kept it, that says there is a light correlation between stock markets and crypto markets, but only if you analyse the "fear index". So the correlation is not really a direct one, so we can have a bearish break on the stock market, and that doesn't necessarily mean that we will also have one on the crypto markets. I hope that in the future we will see an inverse correlation between the two, that would show that investors would be returning to crypto to hedge their losses, but since crypto is so volatile, I don't think we will see that in a near future. Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: First77 on February 28, 2018, 02:03:22 AM Dow Jones -300 points today.
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: BartS on February 28, 2018, 02:43:36 PM Dow Jones -300 points today. It seems is recovering now since the market is green, however I have the feeling bitcoin and stocks are not correlated and in fact can become negative correlated, so when stocks go down in certain circumstances the price of bitcoin will go up and I think the biggest chance of this happening is during a crisis where people will try to find a way to protect the money they spent a life accumulating and one of the answers will be to invest in bitcoin during those difficult times.Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: Coffee135 on February 28, 2018, 03:31:10 PM Dow Jones -300 points today. It seems is recovering now since the market is green, however I have the feeling bitcoin and stocks are not correlated and in fact can become negative correlated, so when stocks go down in certain circumstances the price of bitcoin will go up and I think the biggest chance of this happening is during a crisis where people will try to find a way to protect the money they spent a life accumulating and one of the answers will be to invest in bitcoin during those difficult times.Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: First77 on March 01, 2018, 02:39:15 AM It seems is recovering now since the market is green Dow Jones -380 points today. Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: First77 on March 02, 2018, 01:16:52 AM Dow Jones -420 points today.
Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: alyssa85 on March 04, 2018, 01:20:56 PM According to the following hedge fund guy, people should invest in bitcoin to hedge against a trade war:
https://www.cnbc.com/2018/03/02/use-bitcoin-to-hedge-during-a-trade-war-bitcoin-bull-brian-kelly.html Quote To combat fears of a trade war, put your money in bitcoin, said hedge-fund manager and bitcoin bull Brian Kelly. "In this environment," Kelly said of fears of a potential trade war, "I want to own those things that are deflationary and fixed supply in an inflationary environment. And look at what bitcoin has done the last couple of days." During a trade war, Kelly said, currencies get weaker, such as the dollar's depreciating value last week, and prices rise. "Generally speaking, you want to own hard assets," he said. In the past, said Kelly, who has "like 90 percent" of his money invested in bitcoin, investors would hedge with gold. "But you know what, now we have bitcoin," he said. "Bitcoin has a fixed supply. It acts exactly like a hard asset, exactly like a commodity." "In the trade war," he said, "it does well." Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: BartS on March 06, 2018, 04:27:17 PM I still do not see a way out of the crisis. You see? It seems to me that people do not trust the existing financial system for a long time and therefore the number of bitcoin users increases every year. A lot of rich people are now abandoning the dollar and investing in bitcoin. I think very soon the American economy will experience a deficit of investment. The crisis is inevitable in fact this is one of the reasons why I'm bitcoin in the first place since I recognize that at some point during my lifetime the current system will crash and a new system will be put in place that is even more unfair, however I do not know if the system is going to crash that soon after all the system should have collapsed many years ago and yet it is still here which show to me two things, how powerful banks and governments really are and how indifferent people are with their finances and the finances of their country.Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: bitbunnny on March 06, 2018, 05:58:50 PM We've seen such situations on the stock market before. And even worse. As far as I know there is no proved corelation between such crisis and influence on Bitcoin, at least not direct one.
I'm not saying there couldn't be any influence but we don't have to expect some huge impact that will cause some huge dump in Bitcoin price. Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: Reatim on March 06, 2018, 06:03:18 PM We've seen such situations on the stock market before. And even worse. As far as I know there is no proved corelation between such crisis and influence on Bitcoin, at least not direct one. I'm not saying there couldn't be any influence but we don't have to expect some huge impact that will cause some huge dump in Bitcoin price. Exactly, I don't see any correlation between the two. Its 2 different market. Although the price of bitcoin dip and now below $11K I don't think that it has something to do with the Dow Jones effect. In fact, bitcoin price can be manipulated and I don't think that some big shot Wall Street guy can do that in Dow. Right now people are just cashing it out that's why bitcoin price suddenly dip. But rest assured that it will recover once again. Title: Re: Dow Jones -800. Crisis coming to Bitcoin ?? Post by: magneto on March 07, 2018, 07:26:54 AM U.S stock market Dow Jones fell -800 points in 20 minutes last week ;D Crisis coming to Bitcoin ??? Stocks and bitcoin should be regarded as completely different asset classes. Bitcoin is currency, stocks are stocks/securities in a company. It's like saying Dow is crashing, therefore gold and silver will also crash. Just doesn't work like that in reality, they're completely different.We actually saw bitcoin's prices grow from the time you posted this to yesterday, albeit the crash that we saw today which had nothing to do with the Dow as it actually went up 0.04% which is pretty much stable. Bitcoin will crash if it's in a bubble and a panic dump happens to take it down under $10k once again... I don't think that anything external apart from regulations concerning bitcoin, unless something major concerning the economy/stock market will affect bitcoin much. |