fallout from China’s stock market crash may be coming your way

[madonnino]

What do you think guys about the fall of the china's stock market, It could bring benefit to bitcoin as has already happened with Greece?

http://qz.com/445344/is-turmoil-from-chinas-stock-market-downturn-headed-your-way/

EDIT: please move in the right section if this isn't the correct board, sry

[rayhan]

The fallout of Chinese stock market , would bring up opportunities of to other opportunities. Indian economy is getting benefits from the fallout somehow. The fallout will , will give you the consequences which are unimaginable .

[randy8777]

chinese people are champions in investing with borrowed money. loans, mortgages, etc, most of that money needs to pay off, otherwise it will cost them a lot money. so they will look at other investment options. they have to. i hope they will look into bitcoin.

[maku]

First of all it can bring more troubles to EU and US markets, as many companies invests in China and have most of their factories there. China is a huge market and a vary important one, so if it fall it may cause troubles for other countries as well.

[qiwoman2]

Well apart for the the housing market bubble in China, also the European uncertainty along with the Greek dilemma has also given Chinese investors the Jitters, so let's see if the Chinese government can contain the problem..

[Amph]

it was already said that they were in a huge bubble and it did just burst, no reason for them to go with bitcoin when many of them are mining it, and i presume that if they were really interested they should have buy already

[Argwai96]

china has a 1.3 billon people i think the bitcoin market is far from done in china, has mining farm are just a group of people not even 1% of the population in china own bitcoin so, fairly the bitcoin market could be a good entry for new investors.

[SFR10]

I think if things in China goes the way in Greece is , we could expect the Bitcoin hit above 300 within half way of next month and in terms of countries being affected , I can say a lot as China is a very big market for investors all around the world

[Swordsoffreedom]

What do you think guys about the fall of the china's stock market, It could bring benefit to bitcoin as has already happened with Greece?

http://qz.com/445344/is-turmoil-from-chinas-stock-market-downturn-headed-your-way/

EDIT: please move in the right section if this isn't the correct board, sry

The benefits of Greece collapsing and China deleveraging would bring attention and movement to safe haven currencies and other assets, some of that would flow into Bitcoin by extension and also altcoins by the looks of the Litecoin rally.
That said China would require a lot of individual attention as banks are still fairly restricted in the handling of it if I recall correctly.

[greBit]

I think if things in China goes the way in Greece is , we could expect the Bitcoin hit above 300 within half way of next month and in terms of countries being affected , I can say a lot as China is a very big market for investors all around the world

China is a huge market and loss of trillions of dollars have made investors a little cautious, while others are searching for a recovery breakthrough. Bitcoin somehow, always manages to get pumped as a savior but things just don't happen for it. I think bitcoin as well as markets need to develop more, for the mass adoption to occur and affect the lives of people as well as economy significantly.

[pitham1]

Where the money flows to also depends on the mindset of the Chinese government.
The Chinese government doesn't look at Bitcoin favourably as an investment option.

[Amph]

Where the money flows to also depends on the mindset of the Chinese government.
The Chinese government doesn't look at Bitcoin favourably as an investment option.

this is the reason why i don't think china is really buying bitcoin right now, well yes you can find the random rich chinese guy doing so, but that's it

but do you guy remember this http://qz.com/321265/what-a-rally-in-the-chinese-stock-market-might-have-to-do-with-this-weekends-bitcoin-plunge/

the initial crash of bitcoin was caused by their stocks rally, and now that is being dumped the opposite is happening

[Miracal]

I think if things in China goes the way in Greece is , we could expect the Bitcoin hit above 300 within half way of next month and in terms of countries being affected , I can say a lot as China is a very big market for investors all around the world

China is a huge market and loss of trillions of dollars have made investors a little cautious, while others are searching for a recovery breakthrough. Bitcoin somehow, always manages to get pumped as a savior but things just don't happen for it. I think bitcoin as well as markets need to develop more, for the mass adoption to occur and affect the lives of people as well as economy significantly.

Yes, even I would agree with that comment you have made. There needs to be growth on both the sides, the bitcoin as a currency as well as the maturity of the Chinese government to be able to deal with it. If these two parties merge, it will be a lot positive, profit and gain for both the countries. No matter what people say, I think might happen really soon. Gut feeling

[HarHarHar9965]

I think if things in China goes the way in Greece is , we could expect the Bitcoin hit above 300 within half way of next month and in terms of countries being affected , I can say a lot as China is a very big market for investors all around the world

China is a huge market and loss of trillions of dollars have made investors a little cautious, while others are searching for a recovery breakthrough. Bitcoin somehow, always manages to get pumped as a savior but things just don't happen for it. I think bitcoin as well as markets need to develop more, for the mass adoption to occur and affect the lives of people as well as economy significantly.

Yes, even I would agree with that comment you have made. There needs to be growth on both the sides, the bitcoin as a currency as well as the maturity of the Chinese government to be able to deal with it. If these two parties merge, it will be a lot positive, profit and gain for both the countries. No matter what people say, I think might happen really soon. Gut feeling

I don't know why you would say bitcoin needs to develop more as it is very complete if it is looked as a currency, it is safe, secure and the only flaw as a currency it lacks is that it not stable. If it is not stable, it can obviously not be used on a daily basis for completing transactions and buying groceries, etc. That perfectly makes sense, but except that, I haven't seen a currency as complete as bitcoin!

[Erdogan]

In todays complicated financial world, you never know where losses ensue. A loss in china can show up in a pension fund, a non-profit, a regular company small or large, a government institution, a power plant, and individuals anywhere in the world. All of these manage their holdings, and it is not possible to know what is the root value in the products. Even if you try to find out, it can change on a second due to someone in the chain making a trade.

I think people downplaying china problems as internal to china, are making a big mistake.

[scarsbergholden]

In a few articles have showed that the margin trading that was going on in china was pretty high, im just wondering how are stocks are going to rally back up if most of this people wont be able to pay their debts to the fiat system.