pixie85
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October 14, 2018, 09:11:06 PM |
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If I change it to "from 5%" will it make you happy? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) If we all agree that it was 5% what is there to talk about? A 5% drop in stocks isn't something to dwell upon and it's not a huge loss or a crash. It's a correction! Bitcoin lost 5% a few days ago and nothing is happening. Last month we lost twice that. I agree with those of you who are saying that stocks are overvalued. It's correct, but so are most cryptocurrencies. Most of them aren't and will never be used in real situations. Their value comes from the sentiment of investors who hope that other investors will see even more value and buy it from them.
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Leocrypto da Vinci
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OMNITY Knowledge, connected
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 17, 2018, 10:13:48 PM |
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It is true, but it is interesting that - while the cryptocurrencies have collapsed with the stock exchange - then they recovered much faster. It seems like an encouraging sign to me, so ... we keep optimism!
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https://OMNITY.io/ico Knowledge, connected. Unifying Knowledge For Faster Insight.
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TravelMug
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2018, 01:16:48 AM |
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It is true, but it is interesting that - while the cryptocurrencies have collapsed with the stock exchange - then they recovered much faster. It seems like an encouraging sign to me, so ... we keep optimism!
Perhaps it means that it was just a panic sell. But when everything settles down and understand what's the real reason for the market to suddenly dip then investors starter to flock again. Although stock market is still in dip I don't think investors should panic again. As others have said stocks has been overbought for the last couple of years so its just about time to make some market correction similar to what we have witnessing to crypto market as well. Its just a cycle and its imminent.
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▀▀▀▀▀▀▀██████▄▄ ████████████████ ▀▀▀▀█████▀▀▀█████ ████████▌███▐████ ▄▄▄▄█████▄▄▄█████ ████████████████ ▄▄▄▄▄▄▄██████▀▀ | LLBIT | │ | CRYPTO FUTURES | | | | | | | │ | 1,000x LEVERAGE | │ | COMPETITIVE FEES | │ | INSTANT EXECUTION | │ | . TRADE NOW |
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livingfree
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 18, 2018, 01:23:09 AM |
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This kind of decline may happen sometime in the stock market. If it keeps declining may be it will be a good news for cryptocurrencies.
Somehow we saw their correlation but still I won't fully rely that they do really have its connection. As investors of stock markets are in crash, they would look for some better place to put their money where there can be no manipulation and the closest one would be crypto's. Some say it was like domino effect, but i am sure it is correlated.
I'm not yet convinced although I saw it a couple of times even with local stocks, crypto goes down as well. I would say that its a close domino effect, if let's say there's connection I'd stick to crypto's. Recovery and growth in crypto is faster than stocks.
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stompix
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Leading Crypto Sports Betting & Casino Platform
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October 18, 2018, 03:14:22 PM |
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~
If I change it to "from 5%" will it make you happy? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) It's not about making me happy, it's about telling the truth. Saying that only 5 guys died in the ww2 or that Karpeless's decisions affected only 10 customers and the amount involved was only worth 10 BTC won't make anybody happy. You're simply exaggerating facts, and I'm curious why? We're six days after the whole "cataclysm", did something radical change? Guess not, just another storm in a teacup!
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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VOSZ777
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October 18, 2018, 03:16:16 PM |
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My thoughts about this is simply because they are going down, cryptos will explode now in late 18, if this doesn't happen, this can probably be the next financial crysis. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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Herbys
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October 18, 2018, 03:24:49 PM |
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My thoughts about this is simply because they are going down, cryptos will explode now in late 18, if this doesn't happen, this can probably be the next financial crysis. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) The financial crisis, are you the creator of Ethereum Vitaly Buterin? ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
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The Sceptical Chymist
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Top Crypto Casino
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October 18, 2018, 03:40:14 PM |
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“Actually, it’s a correction that we’ve been waiting for a long time” Trump told reporters before a political rally in Pennsylvania.
I agree with Trump here. The stock market has been booming since 2009 or so when the big crash happened in response to the banking/mortage industry crisis, and one thing you learn when you're a stock market enthusiast like myself is that the laws of gravity apply as much to the market as they do to all the planets in existence--in other words, what goes up must come down eventually. I don't follow the major indexes as much as I do the stocks I own, but it doesn't look like the Dow, S&P, and NASDAQ are doing badly at all. Hell, the NASDAQ is currently at 7500 and I'm old enough to remember April 2000 when it crashed from the 5000 range. And the Dow being above 25,000 doesn't exactly make me lose faith in stocks. In addition, my portfolio hasn't lost much at all--but I don't invest in tech or social media stocks, and I think those are the ones that have taken the worst hit. OP, if I may make a suggestion: those pictures you posted are huge and unnecessary. It's kind of forum etiquette not to post pics that add nothing substantial to a thread. We have folks here who tend to quote the entire OP when making a reply and if they do that in a thread like this, it's extremely annoying.
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zugvogel21 (OP)
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 19, 2018, 09:02:19 AM |
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“Actually, it’s a correction that we’ve been waiting for a long time” Trump told reporters before a political rally in Pennsylvania.
I agree with Trump here. The stock market has been booming since 2009 or so when the big crash happened in response to the banking/mortage industry crisis, and one thing you learn when you're a stock market enthusiast like myself is that the laws of gravity apply as much to the market as they do to all the planets in existence--in other words, what goes up must come down eventually. I don't follow the major indexes as much as I do the stocks I own, but it doesn't look like the Dow, S&P, and NASDAQ are doing badly at all. Hell, the NASDAQ is currently at 7500 and I'm old enough to remember April 2000 when it crashed from the 5000 range. And the Dow being above 25,000 doesn't exactly make me lose faith in stocks. In addition, my portfolio hasn't lost much at all--but I don't invest in tech or social media stocks, and I think those are the ones that have taken the worst hit. OP, if I may make a suggestion: those pictures you posted are huge and unnecessary. It's kind of forum etiquette not to post pics that add nothing substantial to a thread. We have folks here who tend to quote the entire OP when making a reply and if they do that in a thread like this, it's extremely annoying. OP, if I may make a suggestion: those pictures you posted are huge and unnecessary. It's kind of forum etiquette not to post pics that add nothing substantial to a thread. We have folks here who tend to quote the entire OP when making a reply and if they do that in a thread like this, it's extremely annoying. Noted will do it small size next time, or just pure text without pictures
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darklus123
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October 19, 2018, 09:27:14 AM |
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Those companies are large enough and they may have been in this industry for a long time. Yet, they are still considering the all time high this year as their basis of the stock value.
That war between china and US is a healthy thing so other exchanges can perform than most of the exchanges made from both of this countries. So what if the fall will continue? Smaller bitcoin price is much better cause the 24hr all time high and low can be more stable.
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Wall_Streeet
Jr. Member
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October 19, 2018, 09:47:59 AM |
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many people currently see cryptocurrency as a way to save their money, especially since they are at such a favorable price
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mazdafunsun
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 19, 2018, 09:57:16 AM |
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It seems that the stocks havent bounced back yet. 2 possible outcomes, this was /is a slight correction or it is a begining of crash.
I know that there are a lot of crypto enthusiasts out there who are waiting for stocks to crash, thinking that some capital will go in crypto as result. I personally think that stocks are heavily overbought , especially tech stocks and they will crash , lets see when it wil happen.
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rickyNmorty
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October 19, 2018, 11:18:19 AM |
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This is a very good news. I think that the US stock market may continue to decline in the future, which is very beneficial to the development of cryptocurrency.
Probably it is a good jews for bitcoin. But as of today, when we see it happens, it does not suit the current national situation. But then lets just be futuristic enough and see that in the future it does not matter anymore and cryptocurrency is the new market people are up to.
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eternalgloom
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October 19, 2018, 12:07:36 PM |
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This kind of decline may happen sometime in the stock market. If it keeps declining may be it will be a good news for cryptocurrencies.
Somehow we saw their correlation but still I won't fully rely that they do really have its connection. As investors of stock markets are in crash, they would look for some better place to put their money where there can be no manipulation and the closest one would be crypto's. Yeah but cryptocurrencies were very quick to recover from those losses, I mean it just took a day or two, to reach previous levels. I do agree that there was a correlation between the sudden drop in the stock market, but we certainly didn't see such a quick recovery as we did with Bitcoin for example. I definitely agree that we shouldn't automatically think that there's actual causation.
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Tervelatuk
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October 19, 2018, 01:09:14 PM |
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This is a very good news. I think that the US stock market may continue to decline in the future, which is very beneficial to the development of cryptocurrency.
Probably it is a good jews for bitcoin. But as of today, when we see it happens, it does not suit the current national situation. But then lets just be futuristic enough and see that in the future it does not matter anymore and cryptocurrency is the new market people are up to. it could be good news if there is much fund moved from stocks market to cryptocurrency market.it will create new demand from that funds.and finally make all crypto price rise.
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naidray
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October 19, 2018, 01:51:43 PM |
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It is clear that the global market movement is so big that the crypto one is ridiculous. However, even if the bitcoin has been dragged down, it may be that this shock is positive and leads investors to head for the crypto. Let's see.
That is actually what I would even like to think at this point in time. Looking at the fact that the stock market was still moving up hugely when crypto was going down, we could have just assumed that money from crypto was just moved into the stock market and then the market got overbought, and now what we are seeing is a correction. Was it as a result of trade war in China, or the issue with the FED ? All I just see here is speculations and then at the end, it is just a matter of smart moneys trying to get out from a market that is due for correction anyway.
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omonuyak
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October 19, 2018, 02:15:04 PM |
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The bearish market is blowing all over the trading assets and from this news cryptocurrencies market is not the only one sufa this bearish market. Stocks, oil and commodities market are all down. Are we heading towards another global financial crisis since we have not even recovered from the last one? That is why I think cryptocurrencies might be another alternative to the formal system we have.
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ShadowBits
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 19, 2018, 03:19:51 PM |
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U.S. stocks plunged to their worst loss in eight months on Wednesday as technology companies continued to drop.![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FF6zp0tU.jpg&t=665&c=11YQDc5z9jWQow) U.S. stocks dropped sharply on Wednesday as a massive selloff in the biggest tech stocks has driven markets this year. The Dow plunged 831 points, losing 3.15 percent of its value. It was the second-biggest drop of the year for the Dow, which on Feb. 5 lost over 1,100 points in a single trading session. A particularly sharp decline was observed in the high-tech sector: Amazon’s paper fell by 6.2% Apple — by 4.63% Netflix — by 8.4% Facebook — by 4.1% Alphabet — by 4.6% Microsoft-by 5.4%. Brad McMillan, chief investment officer at Commonwealth Financial Network, characterized the market’s decline as “normal volatility” and said stocks were “past due for a pullback.” What caused the fall?![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F1%2A7FTjzw-xfM5MYrGpMBayBQ.jpeg&t=665&c=5q92dQXYVcsU1A) Nervousness had been building for days on Wall Street and here are some facts which caused the panic: ----US markets have a trade war edge over China, which is compounded by Hacked Supermicro Hardware Scandal — A major U.S. telecommunications company discovered manipulated hardware from Super Micro Computer Inc. in its network and removed it in August, fresh evidence of tampering in China of critical technology components bound for the U.S., according to a security expert working for the telecom company. ----The Impact of a FED Interest Rate Hike — The Fed has raised interest rates three times this year and is largely expected to hike once more before year-end. ----China holds $1.17 trillion of U.S. government debt- As the United States and China inch closer to a full-fledged trade war, economists and investors worry about worst-case scenarios that could impact the global economy — and America. “We don’t know who is to blame here; it’s a little like trying to find what or who is responsible for the dangerous hurricane in Florida today,” says Chris Rupkey, chief financial economist at MUFG, Tokyo-based global bank with offices in New York. “But make no mistake about it, the stock market decline, triggered perhaps by rising bond yields, is just as dangerous.” HyperQuant vision1. A sea of red washed over not only Wall Street but Cryptocurrency market![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F1000%2F1%2ABz-nVsc9oNEbAyDwVH5HhQ.png&t=665&c=0wlyjI-ptXPVkQ) No news.. no FUD... but the entire market just literally goes down 5–15% for what seems no reason.. why does this happen? — many people around the internet keep asking this interesting question. Bitcoin, Ethereum and other major cryptocurrencies have experienced a sudden drop in price, knocking billions of dollars off their value in the space of just a few minutes. Hyperquant experts think that the US stock market and Crypto market are correlated. Interest for cryptocurrencies is decreasing. Just look google trends. Lots of good news and stuff that should’ve pumped interest for cryptos in the last 6 months, yet it didn’t move it a bit. Right now there are no much crypto-trends and ideas that many people believe in. The market is open to entirely new ideas and all blockchain enthusiasts are waiting for a innovative growth boom, said Pavel Pavchenko, CEO of HyperQuant project. We need to be realistic and be aware that most of the money in crypto is people’s “play money” and they will need it back if we get another recession/depression, that caused major recent crypto decline. 2. Trump calls stock sell-off ‘a correction… maybe he is right.![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F1%2A5jj1dE4yVe9zcKYQSJHU5g.jpeg&t=665&c=e91v6TvIv52t9g) In order to make a rational decision, we have to look at the behavior of the stock market today during first buys. If the market face buys backs there is a chance that we will avoid further decline. If not, we may expect the long-term fall. “Actually, it’s a correction that we’ve been waiting for a long time” Trump told reporters before a political rally in Pennsylvania. 3. Fed has gone crazy![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F0%2APBdiwXyfOEQkNfbO.jpg&t=665&c=u90GJjIrnrjOiA) Stock market sell-off won’t stop the Fed from hiking rates. Many people say that Fed purposely increased the rates in order to affect the market situation, but in reality, when the Fed raises interest rates, it is trying to increase borrowing costs for businesses and consumers to help keep the economy from overheating. After some time, Fed will evaluate how their decisions have affected the market and the economy in general. Does it have any link with crypto? My guess is they are all preparing for the rally of crypto that is why stocks drops like that because people are ready to transfer.
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Whosdaddy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
October 20, 2018, 07:26:54 AM |
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U.S. stocks plunged to their worst loss in eight months on Wednesday as technology companies continued to drop.![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2FF6zp0tU.jpg&t=665&c=11YQDc5z9jWQow) U.S. stocks dropped sharply on Wednesday as a massive selloff in the biggest tech stocks has driven markets this year. The Dow plunged 831 points, losing 3.15 percent of its value. It was the second-biggest drop of the year for the Dow, which on Feb. 5 lost over 1,100 points in a single trading session. A particularly sharp decline was observed in the high-tech sector: Amazon’s paper fell by 6.2% Apple — by 4.63% Netflix — by 8.4% Facebook — by 4.1% Alphabet — by 4.6% Microsoft-by 5.4%. Brad McMillan, chief investment officer at Commonwealth Financial Network, characterized the market’s decline as “normal volatility” and said stocks were “past due for a pullback.” What caused the fall?![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F1%2A7FTjzw-xfM5MYrGpMBayBQ.jpeg&t=665&c=5q92dQXYVcsU1A) Nervousness had been building for days on Wall Street and here are some facts which caused the panic: ----US markets have a trade war edge over China, which is compounded by Hacked Supermicro Hardware Scandal — A major U.S. telecommunications company discovered manipulated hardware from Super Micro Computer Inc. in its network and removed it in August, fresh evidence of tampering in China of critical technology components bound for the U.S., according to a security expert working for the telecom company. ----The Impact of a FED Interest Rate Hike — The Fed has raised interest rates three times this year and is largely expected to hike once more before year-end. ----China holds $1.17 trillion of U.S. government debt- As the United States and China inch closer to a full-fledged trade war, economists and investors worry about worst-case scenarios that could impact the global economy — and America. “We don’t know who is to blame here; it’s a little like trying to find what or who is responsible for the dangerous hurricane in Florida today,” says Chris Rupkey, chief financial economist at MUFG, Tokyo-based global bank with offices in New York. “But make no mistake about it, the stock market decline, triggered perhaps by rising bond yields, is just as dangerous.” HyperQuant vision1. A sea of red washed over not only Wall Street but Cryptocurrency market![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F1000%2F1%2ABz-nVsc9oNEbAyDwVH5HhQ.png&t=665&c=0wlyjI-ptXPVkQ) No news.. no FUD... but the entire market just literally goes down 5–15% for what seems no reason.. why does this happen? — many people around the internet keep asking this interesting question. Bitcoin, Ethereum and other major cryptocurrencies have experienced a sudden drop in price, knocking billions of dollars off their value in the space of just a few minutes. Hyperquant experts think that the US stock market and Crypto market are correlated. Interest for cryptocurrencies is decreasing. Just look google trends. Lots of good news and stuff that should’ve pumped interest for cryptos in the last 6 months, yet it didn’t move it a bit. Right now there are no much crypto-trends and ideas that many people believe in. The market is open to entirely new ideas and all blockchain enthusiasts are waiting for a innovative growth boom, said Pavel Pavchenko, CEO of HyperQuant project. We need to be realistic and be aware that most of the money in crypto is people’s “play money” and they will need it back if we get another recession/depression, that caused major recent crypto decline. 2. Trump calls stock sell-off ‘a correction… maybe he is right.![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F1%2A5jj1dE4yVe9zcKYQSJHU5g.jpeg&t=665&c=e91v6TvIv52t9g) In order to make a rational decision, we have to look at the behavior of the stock market today during first buys. If the market face buys backs there is a chance that we will avoid further decline. If not, we may expect the long-term fall. “Actually, it’s a correction that we’ve been waiting for a long time” Trump told reporters before a political rally in Pennsylvania. 3. Fed has gone crazy![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fcdn-images-1.medium.com%2Fmax%2F800%2F0%2APBdiwXyfOEQkNfbO.jpg&t=665&c=u90GJjIrnrjOiA) Stock market sell-off won’t stop the Fed from hiking rates. Many people say that Fed purposely increased the rates in order to affect the market situation, but in reality, when the Fed raises interest rates, it is trying to increase borrowing costs for businesses and consumers to help keep the economy from overheating. After some time, Fed will evaluate how their decisions have affected the market and the economy in general. What is going on with the stock market at the moment was just something expected anyway as it has become a market that was already bound for correction and I would not want to make that somehow connected to the drop that happened to cryptocurrency which we all know we have still been in a triangle and the market is trying to pick a direction. Fed has really gone crazy indeed like Trump said, but the thing here is that there may be external factors apparently affecting the drop in the price of stock, but all I just see is investors seeing an overbought market and cashing out, knowing there is a possible correction in place.
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awik p
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October 20, 2018, 07:51:49 AM |
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The bearish market is blowing all over the trading assets and from this news cryptocurrencies market is not the only one sufa this bearish market. Stocks, oil and commodities market are all down. Are we heading towards another global financial crisis since we have not even recovered from the last one? That is why I think cryptocurrencies might be another alternative to the formal system we have.
there are countries that have switched to crypto currencies, Venezuela for example. the government dares to take risks with their fiat currency falling. of course if the crypto market recovers, economy in country will recover as well
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