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Author Topic: So not only bitcoin, Technology Stocks like Facebook, Amazon.. have declined too  (Read 178 times)
Attisob
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December 16, 2018, 08:10:58 AM
 #1

So not just the bitcoin/ cryptocurrency market is experiencing sharp decline in value?
As revealed by 'The Economists' in a 2018 publication https://www.economist.com/finance-and-economics/2018/11/24/a-retreat-in-share-prices-finally-reaches-tech-stocks.... they pointed out that even the tech stocks of six major companies known as FAANG (Facebook, Amazon, Apple,Netflix, Google) have experienced sharp declines in value of their respective stocks due to retreats in global economy positions.

So it is obvious that even big tech stocks are  not immune to the receding global economy's position.

Nonetheless, from every available predictions the global economy would pick up from second quarter of 2019, we should expect that bitcoin would pick up. I would advise everyone to take advantage of this period and make more investments in bitcoin now.
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December 16, 2018, 08:32:02 AM
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Every technology or establishment has its period of decline and downsides,and from the way 2018 panned out,i wouldn't be wrong to call it a dark year for investors in the cryptocurrency market.
But that's what investments are all about,it certainly cannot be all rosy,one has to be prepared for it's downsides and get ready through strategic planning so not to be taken unawares
Nonetheless, from every available predictions the global economy would pick up from second quarter of 2019
Mere speculations by our so called experts,lets hope it does happen though
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December 16, 2018, 08:45:19 AM
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Nonetheless, from every available predictions the global economy would pick up from second quarter of 2019, we should expect that bitcoin would pick up. I would advise everyone to take advantage of this period and make more investments in bitcoin now.

There is a global debt of $256 Trillion dollars that the interest payments are soon to be a HUGE problem for everyone.

The US added $10 Trillion in debt to cover up the housing crisis and other wastes of "money" since 2008

The Euro is shit since the Greece bailout and Italy still wants to devalue their currency...

UK and Euro splitting/fighting doesn't help with that at all.

The housing market EVERYWHERE is ridiculously expensive now.

The stock market in the US will likely crash because the money used to invest in it will have to be devalued.

2019 is Gold or Bitcoin for most people's "money" because Fiat has been printed to have ZERO value... this is so obvious.



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Attisob
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December 16, 2018, 09:20:56 AM
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Nonetheless, from every available predictions the global economy would pick up from second quarter of 2019, we should expect that bitcoin would pick up. I would advise everyone to take advantage of this period and make more investments in bitcoin now.

There is a global debt of $256 Trillion dollars that the interest payments are soon to be a HUGE problem for everyone.

The US added $10 Trillion in debt to cover up the housing crisis and other wastes of "money" since 2008

The Euro is shit since the Greece bailout and Italy still wants to devalue their currency...

UK and Euro splitting/fighting doesn't help with that at all.

The housing market EVERYWHERE is ridiculously expensive now.

The stock market in the US will likely crash because the money used to invest in it will have to be devalued.

2019 is Gold or Bitcoin for most people's "money" because Fiat has been printed to have ZERO value... this is so obvious.




WOW......that means for sure that the bitcoin is sure to rise up faster than stocks among other new fiat securities
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December 16, 2018, 11:10:14 AM
 #5

Price declination is a general occurrence that happens all across every investment field. This is practically inevitable. After the declination usually follow increment in price and other things. It's all about patience.  We won't be facing this forever. I Believe everything will be okay very soon.  Let's just keep developing the good projects because that's only the ones that will survive. 
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December 16, 2018, 11:23:24 AM
 #6

2018 wasn't a good year for most company, the Price declination is affecting almost every investment field just as tunapa said, but the media just focus only on cryptocurrency because their FUD is either a sponsored one or they see it as a threat to their centralized mode of practice. From the image below you can see the decline in price based on market capitalization is far bigger then the total market capitalization of the cryptocurrency market..
      





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December 16, 2018, 04:35:34 PM
 #7

there is no connection here though. try not to read too much into what is most probably just a coincidence. because if you look at the history you can't really find any serious case when bitcoin price moved alongside the stocks market prices.
in fact it is known that bitcoin is always a separate market from all the rest of the markets and that is why it is considered as a good option for diversification by many investors.

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December 16, 2018, 04:42:09 PM
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Yes, you are absolutely right, the leading us indices are also in a big decline, which has not been observed for a very long time. Naturally, the decline in these assets to some extent influenced the overall bearish trend of bitcoin, but the reasons for the fall lie not in this.

Last year's HYIP passed and now it takes a lot of time to rethink the price of bitcoin and find the entry point. In the meantime, sellers are winning buyers because the growth of 2017 is still not played!

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December 16, 2018, 05:14:25 PM
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So not just the bitcoin/ cryptocurrency market is experiencing sharp decline in value?
As revealed by 'The Economists' in a 2018 publication https://www.economist.com/finance-and-economics/2018/11/24/a-retreat-in-share-prices-finally-reaches-tech-stocks.... they pointed out that even the tech stocks of six major companies known as FAANG (Facebook, Amazon, Apple,Netflix, Google) have experienced sharp declines in value of their respective stocks due to retreats in global economy positions.

So it is obvious that even big tech stocks are  not immune to the receding global economy's position.

Nonetheless, from every available predictions the global economy would pick up from second quarter of 2019, we should expect that bitcoin would pick up. I would advise everyone to take advantage of this period and make more investments in bitcoin now.

cryptorise will destroy all stocks

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December 17, 2018, 02:50:35 AM
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i like this post. i hope you have more sharing
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December 17, 2018, 03:59:29 AM
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Indeed, this should shut up the haters who say, 'Bitcoin is bubble', 'cryptos won't survive'. All markets are collapsing, Bitcoin is no exception.

Attisob
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December 17, 2018, 08:41:15 PM
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2018 wasn't a good year for most company, the Price declination is affecting almost every investment field just as tunapa said, but the media just focus only on cryptocurrency because their FUD is either a sponsored one or they see it as a threat to their centralized mode of practice. From the image below you can see the decline in price based on market capitalization is far bigger then the total market capitalization of the cryptocurrency market..
      


I hope with these glaring facts, they would stop hitting at bitcoin and other alternate coins. Thanks for this graphic update.
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December 17, 2018, 08:50:59 PM
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The decline in bitcoin has affected almost all side of the world, ranging from stock, facebook.com decline from investors, Amazon and many others. The Bitcoin as the mainstream of the blockchain will enhance the productivity of all sectors and it decline will also affect them all.
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December 17, 2018, 09:32:08 PM
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Stocks in those major businesses are declining either due to a poor sentiment in the market, or because they are realigning their money to focus on crypto when the bakkt is finally released.

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