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Author Topic: Global stock market is poised to start down, maybe a chance for bitcoin?  (Read 428 times)
korila (OP)
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June 10, 2016, 12:28:21 PM
 #1

I think big crash in stock market can attract more people into BTC...

Am I over thinking? But times like this anything can happen Smiley


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June 10, 2016, 12:36:52 PM
 #2

i also think that a big crash in these big markets like the stock market can attract a lot of attention to bitcoin and push the price up.

but i have also seen the same topic a couple of times saying the same thing but in never actually happens or even when it happens the change is small that you can't say for sure it is because of that crash!

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June 10, 2016, 01:02:04 PM
 #3

i also think that a big crash in these big markets like the stock market can attract a lot of attention to bitcoin and push the price up.

but i have also seen the same topic a couple of times saying the same thing but in never actually happens or even when it happens the change is small that you can't say for sure it is because of that crash!

Halving is very close, people just need any reason to buy BTC.
If it makes even slight sense, that will bring tons of buyers

For the same reason, I think Chinese Yuan devaluation was bullshit reason, and people just needed any reason to relate to..
That's all we need. I hope Dow drops like -300 points today.

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June 10, 2016, 01:10:49 PM
 #4

i also think that a big crash in these big markets like the stock market can attract a lot of attention to bitcoin and push the price up.

but i have also seen the same topic a couple of times saying the same thing but in never actually happens or even when it happens the change is small that you can't say for sure it is because of that crash!

Halving is very close, people just need any reason to buy BTC.
If it makes even slight sense, that will bring tons of buyers

For the same reason, I think Chinese Yuan devaluation was bullshit reason, and people just needed any reason to relate to..
That's all we need. I hope Dow drops like -300 points today.



yeah, this only happens when the market is ready otherwise it doesn't matter what the news is, there will be no change at all.

and right now the bitcoin market is more than ready for the rise and so any kind of news/push can increase the price especially since there is little resistance against rising.

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June 10, 2016, 03:11:50 PM
 #5

Yes it will make people moving their fiat to bitcoin if market crash but that not happen every year but can occur in certain interval of time. But bitcoin price is already rising on its own, if lots of stock traders move towards bitcoin than marketcap will be 10x or more within few months.

 
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June 10, 2016, 03:40:20 PM
 #6

The rise and rise of Bitcoin is simply unavoidable, as unavoidable as a global crash. Bitcoin always wins when the system has turbulences, let alone a big crash. Not owning some is simply suicidal, at this point.
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