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Author Topic: Let's Say the Stock Market Corrects..  (Read 1821 times)
chmod755
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May 20, 2015, 08:20:32 PM
 #21

Most of the largest companies using Bitcoin are listed on major stock exchanges, but I don't think there's a strong connection between the stock price and Bitcoin markets - except maybe in the case of Overstock.

Generally it's a bad thing if something like that happens, but it looks like most economies are more stable now (except Argentina and a few others)

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bryant.coleman
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May 27, 2015, 06:01:25 PM
 #22

Most of the largest companies using Bitcoin are listed on major stock exchanges, but I don't think there's a strong connection between the stock price and Bitcoin markets - except maybe in the case of Overstock.

Patrick M. Byrne, the CEO and chairman of Overstock had said that only 1% of his revenue comes in the form of Bitcoin. And with the recent downward trend in the Bitcoin sector, that share would have been lowered even more. So even for Overstock, the connection is pretty weak. Anyway, let's hope that the situation will change for the better.
anderson00673
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May 29, 2015, 05:54:46 AM
 #23

bobk71, there is NOTHING indirect about government manipulation the stock market.  Check out the Greenspan Put for example.  The rich get richer and the rest of us get a recession.

As to another crash happening: there must be some catalyst.  It can be a real danger or a perceived one.  However there will be a bear market soon when the fed raises interest rates.  Yellen said they are going to.  Whether it will be a crash from the currently overpriced market or a slow descent remains to be seen.
manselr
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May 30, 2015, 04:55:36 PM
 #24

Everyone has an opinion, but the last 2 market meltdowns happened when the Fed was in the of a middle tightening cycle. Until that happens, the market will not see a major correction.
inca
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May 30, 2015, 05:22:17 PM
 #25

Unfortunately bitcoin will go down Sad In times of uncertainty people will go for the things they know and bitcoin is not one of it. It's like with currencies of developing countries, they always loose out on corrects because stock markets don't trust unstable currencies. Also btc is still dependent on the
exchange rate of dollar and euro.


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Pab
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May 30, 2015, 10:24:01 PM
 #26

It can begin in Monday even if Greece will not pay his debt and IMF will let Greece fail in to Bankruptcy

That moment situation from Cyprus can repeat,welthy Greeks already moved his money out of Greece,but it can give reeason to massive sell off on markets.Marketsare driven by greedy and fear if there is more fear sell off begin.Thatcan raisespeculation of the end of eurozone ,what can happen easly even without Greece help

But in my opinon btc will rise when inflation in USA will officially rise
Last economic data are showing that USA GDP is not growing,if there is no GDP growth and inflationis rising
,that it is like check math,that moment digital currencys will rise

Finally EBC is now printing 60bln euro per month,that will destroy Europe sooner or later

 
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