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Author Topic: WILL BITCOIN PROVIDE SOLUTIONS THIS Time?  (Read 407 times)
arpon11 (OP)
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October 25, 2018, 09:46:33 AM
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 #1

Stock-market slump is gathered momentum as panic selling takes hold on Nyse today. From the report online dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength. Investors may become aware of this and there maybe a flipping from stock - market to cryptocurrencies market in days to come. What did you think as bitcoin seems to remain the major viable alternatives.
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October 25, 2018, 10:42:32 AM
 #2

The Dow and NASDAQ losing those points doesn't necessarily mean that a financial crisis is about to ensue as we're still up in the game ever since Trump's administration started. While the signs aren't hinting towards an immediate materialization of the financial crisis, it doesn't mean that we're not going to see it on our own eyes. Personally, I'd like to stash my savings in crypto and gold as early as possible, while the prices are low and while the market is stagnant. People will look for alternatives while the stock and derivatives market are crumbling, and crypto would be their best bet.

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October 25, 2018, 06:04:00 PM
 #3

It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength. Investors may become aware of this and there maybe a flipping from stock - market to cryptocurrencies market in days to come. What did you think as bitcoin seems to remain the major viable alternatives.

I don't think the stability in Bitcoin's market is a sign of confidence, but more so a sign of complete neutrality. Bulls don't have much to be bullish about, bears have not much left to be bearish about with how strongly supported the base bottom is. In other words, it currently makes perfect sense for the price to remain stable.

As it is right now the stock market might seem to be in an early state of correcting, but the danger here is that right now the general public is expecting it to tank further, and this is usually a bullish signal for smart money to buy the dip. I'm 50/50 on the stock market correction. It wouldn't surprise me if it does end up tanking further, but it doesn't surprise me either if it reaches a new all time high in the next 6 or so months. I'm not going to burn myself on that.

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October 25, 2018, 06:30:01 PM
 #4

Let us just remember that the cryptocurrency market is the one who have stumbled first from the other Markets in the world. We are currently down -67% from our all time high compared to NASDAQ's and DOW's YTD which is +6.08% and +1.04% respectively. Even if their market is falling down now we are the ones who already reached our bottom and thinking that investors will jump ship in order to place their money in our market, think again as this investors won't enter a market where they don't know the bear market will end.

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October 25, 2018, 10:13:21 PM
 #5

An full scale economic crises will see investors looking for alternatives to invest in. Whether the crypto market will be an option still leaves a lot to be desired considering the fact that the scarcely regulated.
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October 26, 2018, 04:08:12 AM
 #6

dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength.


To echo what was once supposed to be a bad joke: "Big slides in market valuation don't necessarily mean another financial crisis is imminent. It simply means we have significantly more sellers than buyers!"

On a more serious note, the latest crash may have been triggered by poor earnings reports by banks with trillions of dollars worth in outstanding derivatives. Banks may be considered pillars of the global economy. When concerns of instability or insolvency are manifested a sell off spurred on by kneejerk reactionaryism can occur. I think such represents the motive behind that 500 point losing trend(which appears to have reversed itself the following day btw).

I think as long as banks maintain liquidity and appear to have a credible plan for the forseeable future we can avoid a crash. But if the day arrives that banks look like they're in trouble, I think everyone knows banks woud drag markets and the global economy down with them and it would be bad. Perhaps worse than 2008, in that nations would have a more difficult time bailing them out or attempting to print their way out of liabilities.

Many appear to be avoiding bitcoin as they have no idea what to do with it if they owned any. I think bitcoin needs a famous youtuber or someone who bought a lot of bitcoin when it was cheap and profited massively from HODL to go public and share their success story. That appears to be what bitcoin is lacking. End user content distributed en masse which helps to bring bitcoin into the public consciousness where it can thrive.
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October 26, 2018, 04:56:28 AM
 #7

We can not definitely call it as viable alternative for the investment because there are lot more things to come up front. For example, investors interest towards it is dropping due to its down fall of 2018 and most of them even left the bitcoin whenever they gotten the chance. Look around you, we are standing nearly to the end of 2018 and there is no as such good news in the market yet, neither major advancement of the bitcoin network itself. All things are like paused at one place and no momentum is being created for the investments. I guess this could take long before it can get started with.
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October 26, 2018, 10:00:56 PM
 #8

Stock-market slump is gathered momentum as panic selling takes hold on Nyse today. From the report online dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength. Investors may become aware of this and there maybe a flipping from stock - market to cryptocurrencies market in days to come. What did you think as bitcoin seems to remain the major viable alternatives.
Well, that may actually happen in time come but my major concerned is about the investor as to whether they still believe in crypto currency.  I see this period of time as the best time for people to invest in Bitcoin and crypto currency in general but what usually happen is that people are more interested in investing their money during price increase which I don't believe is rational at such point.
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October 27, 2018, 12:16:19 AM
 #9

Investors may become aware of this and there maybe a flipping from stock - market to cryptocurrencies market in days to come. What did you think as bitcoin seems to remain the major viable alternatives.
of course it might happen in the future, investors could leave the stock and move to the cryptocurrency to participate in the investment, and yes I also think that way, bitcoin and other crypto still deserve to be the main alternative.
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October 27, 2018, 06:11:03 AM
 #10

Crisis is a part of the economy which can create new opporunities for other potential alternative investments. Stock market crash can be a good news for crypto market. As there will be new potential investors being attracted to crypto.
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October 27, 2018, 06:36:38 AM
 #11

dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength.


To echo what was once supposed to be a bad joke: "Big slides in market valuation don't necessarily mean another financial crisis is imminent. It simply means we have significantly more sellers than buyers!"

On a more serious note, the latest crash may have been triggered by poor earnings reports by banks with trillions of dollars worth in outstanding derivatives. Banks may be considered pillars of the global economy. When concerns of instability or insolvency are manifested a sell off spurred on by kneejerk reactionaryism can occur. I think such represents the motive behind that 500 point losing trend(which appears to have reversed itself the following day btw).

I think as long as banks maintain liquidity and appear to have a credible plan for the forseeable future we can avoid a crash. But if the day arrives that banks look like they're in trouble, I think everyone knows banks woud drag markets and the global economy down with them and it would be bad. Perhaps worse than 2008, in that nations would have a more difficult time bailing them out or attempting to print their way out of liabilities.

Many appear to be avoiding bitcoin as they have no idea what to do with it if they owned any. I think bitcoin needs a famous youtuber or someone who bought a lot of bitcoin when it was cheap and profited massively from HODL to go public and share their success story. That appears to be what bitcoin is lacking. End user content distributed en masse which helps to bring bitcoin into the public consciousness where it can thrive.
The more time passes, the more i think that bitcoin is no longer valued as a currency , but just as a store of value like gold. People want to have it only to hold it and not to use it.
Many people just think about the fiat value of bitcoin and because the truth is bitcoin is still not accepted as a payment option in many places and areas.
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October 27, 2018, 07:49:58 AM
 #12

Stockmarket is centralised system while the crypto market is a decentralised one. So, it is inlikely that the fall in stock market will affect the crypto market in any sesnse. However, the panic may cause a disturbance in the crypto market. But, the crypto market is dow, and so, the disturbance will not be that much high.
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October 27, 2018, 08:51:36 AM
 #13

I don't think the stability in bitcoin's market is a sign of confidence,but more so a sign of complete neutrality. An full scale economic crises will see investors looking for alternatives to invest in. This could take long before it can get started with I guess.
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October 27, 2018, 11:09:44 AM
 #14

Stock-market slump is gathered momentum as panic selling takes hold on Nyse today. From the report online dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength. Investors may become aware of this and there maybe a flipping from stock - market to cryptocurrencies market in days to come. What did you think as bitcoin seems to remain the major viable alternatives.

It is not up to Bitcoin to find some solutions, it is up to us to do that and find our ways do fix anything about it. In the future Bitcoin will be used in any way that we do.
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October 27, 2018, 11:49:21 AM
 #15

This might be a sign of the next big wave for cryptocurrency. There is a possibility that those whales form stock market is now selling their holdings from stock market to be converted to bitcoin. The questions are, will they conquer crypto market for price pump manipulation or for a change and make a concert for massive adoption? This might look interesting but will also pretty alarming.

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October 27, 2018, 12:21:29 PM
 #16

As the stock market and crypto market don't have any direct correlation with eachother it is safe to assume it won't effect it. The crypto market shows signs of neutrality and thus rely on several underlying factors for the change in the market when regarding crypto. Probably with time we'll be able to see what the crypto market can offer the economy at its more mature state in terms of stability and reliablity. Things we can hope for in the future.
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October 27, 2018, 12:29:23 PM
 #17

It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength.

Saying a financial crisis is about to begin just because the stock market plunged isn't much different from saying Bitcoin is dead because prices dropped. They're both jumping the gun with one metric when fucktons more are available for consideration.

Bitcoin truly is a viable option, but the fact that we haven't seen any notable movements yet probably means Bitcoin is pretty low on traditional investors' alternative list. I'm sure those who did diversify their portfolio to include Bitcoin must be pretty satisfied though.

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October 27, 2018, 12:57:10 PM
 #18

Crisis is a part of the economy which can create new opporunities for other potential alternative investments. Stock market crash can be a good news for crypto market. As there will be new potential investors being attracted to crypto.

I agree. The threats can really be an opportunity in which you can grab this to mke things in favor of you. This might not be a good thing at first but if you were amart enough then do things. Also markets are risky, economy is unstable we cannot really say what will going to happen, just continue believing.
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October 27, 2018, 01:03:03 PM
 #19

Stock-market slump is gathered momentum as panic selling takes hold on Nyse today. From the report online dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength. Investors may become aware of this and there maybe a flipping from stock - market to cryptocurrencies market in days to come. What did you think as bitcoin seems to remain the major viable alternatives.
Still the crypto currencies are not renowned which is enough to be an alternative investment for the stocks so this time of the stock market crisis happened we may not see big changes in the prices but normally whenever the stock market falls the crypto prices also fall because of the fact that people using them as sign of investment.









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October 27, 2018, 01:48:21 PM
 #20

A shake up in stock market may favour crypto market, but remember people's hard earned money are in stocks and no one would pray for a fall in whatever he/she invest in just to favour another market. Both market can co-exist and compliment each other. Please stop insinuating a collapse of stock just to favour crypto market. This space is wide enough to accommodate everyone.

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October 27, 2018, 02:30:19 PM
 #21

for some people are very happy with the current conditions because they can buy bitcoin at a very low price, but most people really hate this condition. it depends on where you are.

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October 27, 2018, 11:59:41 PM
 #22

Stock-market slump is gathered momentum as panic selling takes hold on Nyse today. From the report online dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength.

That's not clear at all. The recent drop in equities from the ATH is still significantly smaller than the drops seen in 2015 and 2016. This could easily be the beginning of a mid-term flat correction. There are no obvious signs (yet) that a 2008 redux is imminent. There are signs that growth is slowing down, but whether that develops into a financial crisis or recession is an open question.

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October 29, 2018, 02:18:21 PM
 #23

I don't think the stability in Bitcoin's market is a sign of confidence, but more so a sign of complete neutrality. Bulls don't have much to be bullish about, bears have not much left to be bearish about with how strongly supported the base bottom is. In other words, it currently makes perfect sense for the price to remain stable.

As it is right now the stock market might seem to be in an early state of correcting, but the danger here is that right now the general public is expecting it to tank further, and this is usually a bullish signal for smart money to buy the dip. I'm 50/50 on the stock market correction. It wouldn't surprise me if it does end up tanking further, but it doesn't surprise me either if it reaches a new all time high in the next 6 or so months. I'm not going to burn myself on that.
Well, since like you said, the bulls do not have the momentum to get the market up and the bears seems they have been completely tapped out with no more strength to even be able to break the $6k support, should we then say, with the stock market experiencing correction, there could be a possibility to see smart moneys, trying to move into a market that has been oversold. I am just thinking right now though, based on the way most investors usually think in most cases. I actually believe the stock market will most definitely tank further and still has a lot of room to go down, but in the meantime, I would not be surprised if we get to see a push up in the crypto space. All the same, just assuming things Grin.
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October 29, 2018, 07:19:15 PM
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The current stock market is going through some form of ruination. Bitcoin standing atop of all of these problems potrays salience and integrity.
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October 29, 2018, 07:19:39 PM
 #25

Even though stock market is currently going through some rough patches and Dow and NASDAQ are loosing points this does not mean we are gonna see a financial crisis. But it is a possibility so I would advice people to hold their savings in crypto or gold as the price is low.
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October 29, 2018, 07:19:56 PM
 #26

This incident does not indicate that we will go through a financial crisis. Bitcoin will still be a strong force and investing in bitcoin won't be a bad decision also.
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October 29, 2018, 07:20:12 PM
 #27

If the USD loess its value, we meay see a price spike in bticoin. And if those stock exchanges lose poinst like that, dollar price will be bound to follow the same path as well. But to be honest, it's not time to press the panic button yet in stock market.
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October 31, 2018, 09:45:23 AM
 #28

Stock-market slump is gathered momentum as panic selling takes hold on Nyse today. From the report online dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength. Investors may become aware of this and there maybe a flipping from stock - market to cryptocurrencies market in days to come. What did you think as bitcoin seems to remain the major viable alternatives.
It is always normal to see panic selling happening when you tend to see a market that has been overbought for a while now and is about having some possible retrace. I am not surprised as I actually saw this coming already.

As it is, I am sure investors may be looking for where they can pretty much start putting their funds now that the stock market is taking a hit from correction, and looking at the fact that the crypto space has actually hit the rock bottom and has corrected for a while now, this might actually be a pretty good place for a target. Just assuming, but let's see how things will turn out with this.
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October 31, 2018, 10:21:54 AM
 #29

We could never know if there are people who are trying to flip or manipulate stock markets, but it is definitely on the downtrend whether you like it or not. As I have noticed, the price in the stock market and the price in the cryptocurrency area has some similarities. There are some all-time highs by different stocks in the stock market while also Bitcoin receiving the highest rate, so I don't know if it can be solved in a real theory, but it can be connected. Probably one of the wealthiest people, or a group of people controlling the market? We will never know.

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November 01, 2018, 09:43:07 AM
 #30

Stock-market slump is gathered momentum as panic selling takes hold on Nyse today. From the report online dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength. Investors may become aware of this and there maybe a flipping from stock - market to cryptocurrencies market in days to come. What did you think as bitcoin seems to remain the major viable alternatives.
Bitcoin is a side investment for all this money but do not think that all that trillion of dollar worth of
investment could actually come to bitcoin or crypto in general, just enough to actually have an affect on bitcoin usually leaks out here but thats about it.

People just lost money and the world is on the brink of a huge economic collapse considering there has been couple countries that already had economic crisis and couple that has political issues right around the corner (like brexit) and if you combine all of this together the people who have money do not really focus on bitcoin or crypto that much right now.

There are much more important stuff to focus on in their countries and economic situations. If you want to see bitcoin increase you should wait until when everyone feels like things are going alright because than they are not afraid to put up money in crypto.
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November 01, 2018, 12:34:16 PM
 #31

We could never know if there are people who are trying to flip or manipulate stock markets, but it is definitely on the downtrend whether you like it or not. As I have noticed, the price in the stock market and the price in the cryptocurrency area has some similarities. There are some all-time highs by different stocks in the stock market while also Bitcoin receiving the highest rate, so I don't know if it can be solved in a real theory, but it can be connected. Probably one of the wealthiest people, or a group of people controlling the market? We will never know.

It's true that there's a small correlation between them, but the nosedive in the stock market didn't necessarily reflect on Bitcoin this time. Bitcoin's drop isn't as drastic (could even be small enough to be considered normal movement), and came a few days after. I don't think there's any manipulation as far as their correlation is concerned.

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November 01, 2018, 01:04:52 PM
 #32

If many people treat like a crisis of what happen in crypto market right now for me its not because trading is not only the way of earning in crypto currency since i am using bitcoin since 2011 the current value still very high. Yes huge huge dump already happen but still value of bitcoin is not that bad.

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November 19, 2018, 02:16:43 AM
 #33

I don't knkw if i will look for crypto currency as an alternative to stock market now. I mean even crypto currency is down right now (and it's been doing that for the whole year now). If there is a market flip, then I'd guess cryto currencies should tighten their security so money launderers don't take advantage of the situation.

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November 21, 2018, 08:05:19 AM
 #34

A shake up in stock market may favour crypto market, but remember people's hard earned money are in stocks and no one would pray for a fall in whatever he/she invest in just to favour another market. Both market can co-exist and compliment each other. Please stop insinuating a collapse of stock just to favour crypto market. This space is wide enough to accommodate everyone.
It has always provided you with solutions but those solutions were covered in blockchain praises. I understand what makes bitcoin so big is the blockchain behind it and the technology that allows us to be who we are right now but that doesn't mean blockchain would have been in our lives without bitcoin neither.

You would have to think how hard it is for a new technology to break into the society and get used by huge companies like bank of america and even some governments all around the world, no one has that type of technology get famous without having something else tied to it. If you really want it to provide you a solution, just think of all the people who need money in third world countries like me that get paid couple bucks an hour and still can live semi decent lives thanks to it.
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November 21, 2018, 10:07:07 PM
 #35

If there is a market flip, then I'd guess cryto currencies should tighten their security so money launderers don't take advantage of the situation.

I assume you are referring to the services in this industry? Compliant exchanges are annoying their users with all sorts of verification requirements already, so I don't see much that can be improved or added there.

In the end, it doesn't matter how secure of well regulated this industry is, if individuals are out to conduct illegal transactions, launder money, they will be able to do so without any problems. It happens in the regular market (which is heavily over-regulated) and will continue to happen here as well. People need to grow a thicker skin and stop investing in outright scam projects. Regulations aren't the problem nor the solution, people themselves are.
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