bintangkejoraku
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October 27, 2018, 02:30:19 PM |
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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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exstasie
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October 27, 2018, 11:59:41 PM |
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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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rickadone
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October 29, 2018, 02:18:21 PM |
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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  . |
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Taethiel10
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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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Wiaseth87
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October 29, 2018, 07:19:39 PM |
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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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Uliarien032
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October 29, 2018, 07:19:56 PM |
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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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Rhoreder54
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October 29, 2018, 07:20:12 PM |
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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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Whosdaddy
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October 31, 2018, 09:45:23 AM |
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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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crwth
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Try Gunbot for a month go to -> https://gunbot.ph
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October 31, 2018, 10:21:54 AM |
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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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Bitcotalk
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November 01, 2018, 09:43:07 AM |
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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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jseverson
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November 01, 2018, 12:34:16 PM |
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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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Maricel2017
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November 01, 2018, 01:04:52 PM |
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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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squog
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November 19, 2018, 02:16:43 AM |
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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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guoyu78
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November 21, 2018, 08:05:19 AM |
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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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1Referee
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November 21, 2018, 10:07:07 PM |
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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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