audaciousbeing
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July 06, 2017, 08:04:37 PM |
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In the past few days many stock markets have fallen worldwide. There are many voices that expecting a strong correction and a coming bear market. I wonder if falling stock markets are good or bad for Bitcoin. Normally, money that is no longer invested in stocks is to flow into other assets. Bitcoin with its rapid rise would certainly be attractive. What do you think?
From the way I see it, every situation presents its own opportunity and lessons the opportunity this gives us is to those who had wished that when the prices falls they would buy, now is their time while the lessons learnt from it is on the basis that, it will not always be on the positive side, and the negative side is always around the corner.
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South Park
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July 06, 2017, 09:18:23 PM |
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Being a stock exchange trader for long time both commodity and equity i would say the stock market crash good sign for crypto currency because traders not less than gamblers once they loose hope in one thing they will find another for investing .Thats what happened with me first started with equity then commodity now crypto currency. Not all but majority.
This is the first thing that come to my mind as well. Maybe this is a good sign for bitcoin as a whole. People from stock market are going to bitcoin ecosystem. So additional cash flow to the market is good. And once they found out that bitcoin trading is somewhat "easier" than stock trading, then they will stay for good and maybe ask some friends to join in the crypto trading. Bitcoin trading is not easier than stock trading, if anything it is even more difficult since many of the tools traders are used to try to predict the market are not going to work when it comes to bitcoin and altcoins, also bubbles are very big and short lived in bitcoin so it is difficult to take advantage of them if you are out of the market and are not holding any bitcoins yourself.
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BarbieCasino
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July 07, 2017, 02:38:34 PM |
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Its really depends if people getting profit then they try to invest other place like bitcoin . Its all about interest towards particular trade if he is having enough knowledge about cryptocuurency then can enter .By only intention of money making and not researching will end upto loss. I think stock market crash will not make much difference if people really holding money they will invest in market when it is really down and keep that for long term.
bitcoin is famous all around the world and it has increased its value in stock markets also. Now many market managers are ready to get their money invested in bitcoin and they are ready to invest in bitcoin fearlessly.
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hase0278
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July 08, 2017, 02:46:40 AM |
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In the past few days many stock markets have fallen worldwide. There are many voices that expecting a strong correction and a coming bear market. I wonder if falling stock markets are good or bad for Bitcoin. Normally, money that is no longer invested in stocks is to flow into other assets. Bitcoin with its rapid rise would certainly be attractive. What do you think?
I think it would not affect bitcoin at all, since stock market and bitcoin is two completely unrelated things so even if stock market falls, bitcoin won't rise or fall. It would only affect bitcoin if many who sold their stocks got interested with bitcoin but for now I think the current state of bitcoin would not attract many stock market investors.
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iram1011
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July 08, 2017, 03:03:19 AM |
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In the past few days many stock markets have fallen worldwide. There are many voices that expecting a strong correction and a coming bear market. I wonder if falling stock markets are good or bad for Bitcoin. Normally, money that is no longer invested in stocks is to flow into other assets. Bitcoin with its rapid rise would certainly be attractive. What do you think?
I think it would not affect bitcoin at all, since stock market and bitcoin is two completely unrelated things so even if stock market falls, bitcoin won't rise or fall. It would only affect bitcoin if many who sold their stocks got interested with bitcoin but for now I think the current state of bitcoin would not attract many stock market investors. Exactly, I fail to see any correlation between Bitcoin and Stock market. They are independent, only similarity is they both are investment asset. Many people argue that if Stock market fails, there are maximum chances of people turning to Bitcoin. But the truth is bitcoin community comprise of less than 5 million people. There are high chances that most of the stock traders wouldn't be knowing about bitcoin and some who knew wouldn't just jump to bitcoin instantly.
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KennyR
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July 08, 2017, 03:32:50 AM |
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In the past few days many stock markets have fallen worldwide. There are many voices that expecting a strong correction and a coming bear market. I wonder if falling stock markets are good or bad for Bitcoin. Normally, money that is no longer invested in stocks is to flow into other assets. Bitcoin with its rapid rise would certainly be attractive. What do you think?
I think it would not affect bitcoin at all, since stock market and bitcoin is two completely unrelated things so even if stock market falls, bitcoin won't rise or fall. It would only affect bitcoin if many who sold their stocks got interested with bitcoin but for now I think the current state of bitcoin would not attract many stock market investors. Exactly, I fail to see any correlation between Bitcoin and Stock market. They are independent, only similarity is they both are investment asset. Many people argue that if Stock market fails, there are maximum chances of people turning to Bitcoin. But the truth is bitcoin community comprise of less than 5 million people. There are high chances that most of the stock traders wouldn't be knowing about bitcoin and some who knew wouldn't just jump to bitcoin instantly. I too believe that there is no relation between the crypt market and the stocks. Both function in different platforms and as the mate said the people getting into bitcoin has increased though we hold less than few million of users all around the world. If the same growth happens, same as Countries having their own stock market Countries will have their own crypt market for all sorts of trading within the country.
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ximply
Full Member
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Activity: 350
Merit: 170
I do crypto TRADING
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July 08, 2017, 04:56:24 AM |
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bitcoin is the safest for someone who wants to hold for long term though. stock trader always prefer the fiat when liquidating but its not going to grow anytime soon after it. one market that they could go though is the forex which they can greatly profit wherever the market is going, it however requires more skills on eyeing inflation.
I would not sign your statement. Nobody really knows where Bitcoin will be in some years. There could be technical problems which let the project die for any reasons or there is a successor that successfully overcome the weaknesses of the current Bitcoin design. I probably should have asked for cryptocurrencies in common instead of Bitcoin to make it more clear. Greed will make bitcoin die and be replaced with another coin with a better features and can function as a currency and not just as an investment. Coin that can be used on an everyday transactions and that wont limit you because of high fee. They see now that bitcoin can be replaced. So dont just store your bitcoin for years and just dont read news about it. You may loose the value of your bitcoin if that happens.
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anga3636
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Merit: 10
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November 26, 2017, 07:37:21 AM |
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In the event that you are getting some information about the estimation of bitcoins, it will increment and other securities exchanges don't impact it. To comprehend this you should first comprehend that, each item online has its esteem in view of its utilization. The more its utilized more its esteem builds, now remembering this reality you can without much of a stretch see that bitcoins online utilize isn't diminishing so isn't its esteem.
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rjbtc2017
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November 26, 2017, 07:55:31 AM Last edit: November 26, 2017, 08:06:30 AM by rjbtc2017 |
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I don't think that they affect each other, well maybe yes if some of the stock market investors already jumped in Bitcoin , but i see it the other way, Stock Markets have been unpredictable and it's dependent on how the business generate profit and we cannot correlate Bitcoin to it and because Bitcoin is rallying up now doesn't mean Stock Market should be on the bleeding stage or decline to it, For it is just a casual decline and will recover soon Again, it is still dependent on how the Business generate profit. Anyway, I found this article and it seems very interesting, specially to stock market investors, is it still happening now?.
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CryptoBry
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November 26, 2017, 08:22:44 AM |
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The possible decline by some for stocks and even forex can mean that they might be looking for ways where to put their money and earn more interests. I think this is already happening right now as there are more and more clients that are expressing gusto to be a part of the Bitcoin platform. They are aware that Bitcoin has been growing at astronomical rate and they are looking for ways to get into the action and get some slice of the profitable pie. This can be good news for Bitcoin and cryptocurrency in general. When CME's futures would already be open to the public we can see how many newcomers will participate in the new market.
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viper2zero
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Merit: 10
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November 26, 2017, 09:51:52 AM |
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In the past few days many stock markets have fallen worldwide. There are many voices that expecting a strong correction and a coming bear market. I wonder if falling stock markets are good or bad for Bitcoin. Normally, money that is no longer invested in stocks is to flow into other assets. Bitcoin with its rapid rise would certainly be attractive. What do you think?
I think it would not affect bitcoin at all, since stock market and bitcoin is two completely unrelated things so even if stock market falls, bitcoin won't rise or fall. It would only affect bitcoin if many who sold their stocks got interested with bitcoin but for now I think the current state of bitcoin would not attract many stock market investors. Exactly, I fail to see any correlation between Bitcoin and Stock market. They are independent, only similarity is they both are investment asset. Many people argue that if Stock market fails, there are maximum chances of people turning to Bitcoin. But the truth is bitcoin community comprise of less than 5 million people. There are high chances that most of the stock traders wouldn't be knowing about bitcoin and some who knew wouldn't just jump to bitcoin instantly. Bitcoin and Stock market are two distinct things and are free of each other. Bitcoin is a framework that arrangements with a great many clients and it don't depend on some other outsider. Declining securities exchange can be useful for Bitcoin if its clients turn towards bitcoin and once they know the estimation of bitcoin they won't lament about his/her choice.
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