New High... For Everything. Is there something unnoticed to the public?

[GabrielleGGG]

As S&P, Bitcoin, Gold and other assets hit new recent highs, it seems that the capital market in June 2018 is yet again on a frenzy.

SP500 hit a new historical record high. Bitcoin broke the 10,000 dollar mark again.

Beneath the seemingly prosperity, it there something unnoticed to the public? What'll happen next?

https://medium.com/sophonexchange/new-high-for-everything-1123087a04b9?source=friends_link&sk=39cee77ec17bebdfa5d746900c53c049

[Bitum]

I do not know how other assets will react, but I'm sure BTC will show new high. And that will definitely be more than $ 20,000

[timerland]

As S&P, Bitcoin, Gold and other assets hit new recent highs, it seems that the capital market in June 2018 is yet again on a frenzy.

SP500 hit a new historical record high. Bitcoin broke the 10,000 dollar mark again.

Beneath the seemingly prosperity, it there something unnoticed to the public? What'll happen next?

https://medium.com/sophonexchange/new-high-for-everything-1123087a04b9?source=friends_link&sk=39cee77ec17bebdfa5d746900c53c049

I'm not sure about the connection that you're making between S&P500 rising with BTC rising. This is a correlation that a lot of people like to cite, but I still haven't seen solid evidence for in terms of them moving in accordance to one another.

Some people attribute this to the potential Fed rate cuts, but I don't think that's the case either.

With BTC it's purely a cyclical thing, where the market has consolidated long enough within the bear market for bullish sentiment to be reinjected, and weak hands and panic dumpers to be washed out. I think that the political instability especially in Asia have at least contributed to the bull runs of both gold and BTC, because people are looking for a safe haven to park their assets.

In regards to the stock market though, I still think that there are companies that are extremely overvalued that will correct soon. This could just be short term noise.

[dothebeats]

I don't think there is an underlying reason to everything of this, and perhaps this is just another one of those bullish runs that will also fade once people have collected ample amount of profits for their pockets. Stocks seem to be on the rise as well for the past 2 weeks and no matter how hard one connects the events to the other, it simply just doesn't pan out. Either way, I'm still quite anxious to see yet another ATH within this year, or perhaps this train wouldn't stop by the end of 2019.

[avikz]

What is alarming is that lower interest rate is actually a confirmation of the slowing down of the economy, and potentially a downturn in the stock market. Yet this worry is not properly reflected in the media, the google search trends, or the VIX index. We are witnessing a very rosy picture in the main-stream stock market.

How can lower interest rate is a sign of slowing down the economy?? When interest rate is lowered by a central bank, it increases the cash flow in the economy because people pays less money towards their loan repayments and carries more spendable cash in hand! Same goes for the companies as well! They pay less to the banks and use that extra money to upgrade their facilities or products or employee benefits! Less interest rate means more profit to the companies as well.

Am I missing something here?? Please let me know if my above statement is incorrect!

[joniboini]

Either way, I'm still quite anxious to see yet another ATH within this year, or perhaps this train wouldn't stop by the end of 2019.

I personally believe we'll see a new high in 2020 though. But there's no real reason, just a gut feeling.

If LedgerX futures were accepted, the opportunity for Bakkt and other physically backed futures will be higher too. When all of them get approved, bull mania will run like crazy.

[hannahboy]

Oh today I was going through posts in the forum and I saw someone claiming that Bitcoin might fall after it has reached this $12000 mark, and I don't know if that is really right. But I always believe that the price is not going to end just here its going to keep moving up until we have reached another all time high price. Let's see what' would be the next mark that the price rate will hit as the end of this month is approaching. I believe that the price is going to get pass this $12000+ mark and will jump in on $13000 soon.

[el kaka22]

I think that is what the financial world makes their money from, they know as a fact that nothing can go up forever, not gold, not bitcoin and not stocks.

Things can go up very slowly but no matter how slow it is a company can't just go up forever or a resource can't just gain value, it will be so expensive in the end that nobody would have money to buy and it will become useless all of a sudden, if one person owned all the bitcoins in the world (or all the golds in the world) than nobody would want to get it, people would find something else, you have to share, which in return comes to conclusion that prices will have to fall sometimes to increase again and then fall again and increase again. We have seen the bulls before and then 2018 was bear for everything and now its time for the bulls to return.

[Oilacris]

As S&P, Bitcoin, Gold and other assets hit new recent highs, it seems that the capital market in June 2018 is yet again on a frenzy.

SP500 hit a new historical record high. Bitcoin broke the 10,000 dollar mark again.

Beneath the seemingly prosperity, it there something unnoticed to the public? What'll happen next?

https://medium.com/sophonexchange/new-high-for-everything-1123087a04b9?source=friends_link&sk=39cee77ec17bebdfa5d746900c53c049

I don't care too much with Gold or S&P which the thing that matter me most is on Crypto market.If they are all booming up

then its good to see but we don't know on whats actually happening behind the scene if these things are correlated or just pure coincidence.

[pugman]

I'm not sure about the connection that you're making between S&P500 rising with BTC rising. This is a correlation that a lot of people like to cite, but I still haven't seen solid evidence for in terms of them moving in accordance to one another.

Some people attribute this to the potential Fed rate cuts, but I don't think that's the case either.

With BTC it's purely a cyclical thing, where the market has consolidated long enough within the bear market for bullish sentiment to be reinjected, and weak hands and panic dumpers to be washed out. I think that the political instability especially in Asia have at least contributed to the bull runs of both gold and BTC, because people are looking for a safe haven to park their assets.

In regards to the stock market though, I still think that there are companies that are extremely overvalued that will correct soon. This could just be short term noise.

Apparently, the recent price surge in bitcoin wasn't only related to bitcoin but rather the motive was to have a huge investment in all of the big major assets,thus bitcoin and SP500 being a few among the rest. Read this post by theymos:

I think that the market has long been dominated by the aftereffects of quantitative easing, and the current thing is just another ripple of that. There's simply a worldwide glut of money.

In QE, the Fed bought MBSes and treasuries, which basically amounted to printing $3 trillion and giving it to everyone who was holding those things; namely, banks and various investors (mostly institutional). For comparison, M3 money supply is currently $14.5 trillion. What do these groups do when they get tons of money? They're investors, so they reinvest it, especially in bonds/stocks, but also in things like BTC. They don't buy food or gadgets or whatever. IMO this is why stocks have been going up at an unnatural rate for a while even though the CPI doesn't grow out of control. Eventually the money makes its way out to ordinary shareholders, but shareholders also have a tendency to reinvest rather than spend, so the process of money escaping the investment universe is slow.

The Fed has been slowly unwinding QE, though they're talking about stopping that (after eating only about a quarter of what they printed). They also continue to print money in their open market operations.

I don't know how this will play out long-term. I suppose that the inflation in investment-asset prices will eventually have to leak into CPI, but it might be gradual enough to not cause a catastrophe. It might end up being a sort of loan, paid to investors, and paid by holders of dollars over the next several decades.

Anyways, the world economy is just gonna probably end up in a worse clusterfuck than we have ever seen,the more the money goes in investments, the more easier it gets for an economy to tremble into ashes. Global Supply and demand has become an outright joke right now. Mind you, if people don't pay attention towards strengthening the global economy, we would soon have an existential crisis.

[BitBustah]

Governments are printing money into oblivion.  Everything is rising in dollar value because of all the new money being created.  They will continue with this charade as long as they can.  Holding money in a savings account beyond your daily expenses is stupid, you need to be owning assets like crypto, stocks, gold, and property.

[Oceat]

Looks like it's going down again to $10k or i might be wrong but it is almost in there. I don't know what pushes the price to $13k but it's now going back to $11k. People are really eager to reach the $15k very soon and they tend to forget that there are traders too who want to buyback again to trade it back. I think i missed something maybe because they want to see the new ATH so eagerly.

[The Sceptical Chymist]

it seems that the capital market in June 2018 is yet again on a frenzy.

I assume you mean June 2019, right? 

I haven't been following any of the markets for at least a week, and I haven't looked at any of the stock market indexes for at least a month.  If they're still on fire, I'm betting they're due for a serious correction.  When?  I've no idea.  But this bull market stocks have been in has lasted a hell of a long time, and I know quite well that nothing like this ever lasts forever.  What goes up must come down....eventually.

Governments are printing money into oblivion.

Yes, and interest rates are still very low if I'm not mistaken.  That makes it much, much easier for traders to trade with extreme leverage--and that's a dangerous thing.  I'm guessing that some Wall Street people got into crypto recently and are trading on margin or with some other type of leverage.  I'm just hoping that doesn't wipe out the entire market in the coming months.

[ichai]

Looks like it's going down again to $10k or i might be wrong but it is almost in there. I don't know what pushes the price to $13k but it's now going back to $11k. People are really eager to reach the $15k very soon and they tend to forget that there are traders too who want to buyback again to trade it back. I think i missed something maybe because they want to see the new ATH so eagerly.

What makes the price of BTC so high is the whale's strategy. They hold a lot of BTC and can manipulate the market.
It seems, they are making the price of the BTC increase and the traders will trade more margin. then, when they wait until the night, they will start making the price of the BTC decrease and will make huge profits.
It looks like we're in the big whale trap. We should consider buying BTC at the present time.
In my opinion, we should wait for the market to stabilize for a week and then make a decision.

[semobo]

As S&P, Bitcoin, Gold and other assets hit new recent highs, it seems that the capital market in June 2018 is yet again on a frenzy.

SP500 hit a new historical record high. Bitcoin broke the 10,000 dollar mark again.

Beneath the seemingly prosperity, it there something unnoticed to the public? What'll happen next?

https://medium.com/sophonexchange/new-high-for-everything-1123087a04b9?source=friends_link&sk=39cee77ec17bebdfa5d746900c53c049

it is a normal thing in Crypto field no one will say it is new for them so if the value is going on very highest situation in your quick period of time it will be expected by lots of people so I think no one will continuously doubt about that.

[1Referee]

Holding money in a savings account beyond your daily expenses is stupid, you need to be owning assets like crypto, stocks, gold, and property.

I wouldn't really go for properties with how it's hard to move out of. Bitcoin is the first choice (yes I am biased) where stocks would be my second choice. I'm not particularly a fan of Gold's market activity because it doesn't give you the bang for your buck that Bitcoin or flashy tech stocks give you.

Liquidating physical Gold here yields a 3-5% below spot price when selling to a pawnbroker, jeweler, etc. You really need to find a private buyer willing to pay spot for your Gold, which requires you to place an ad on a site which might take a while to sell, and with the demand for physical Gold declining it's only going to get worse. It's not attractive at all. Stocks on the other hand are easy to liquidate from within my banking portal.

[thehun]

Holding money in a savings account beyond your daily expenses is stupid, you need to be owning assets like crypto, stocks, gold, and property.

I wouldn't really go for properties with how it's hard to move out of. Bitcoin is the first choice (yes I am biased) where stocks would be my second choice. I'm not particularly a fan of Gold's market activity because it doesn't give you the bang for your buck that Bitcoin or flashy tech stocks give you.

Liquidating physical Gold here yields a 3-5% below spot price when selling to a pawnbroker, jeweler, etc. You really need to find a private buyer willing to pay spot for your Gold, which requires you to place an ad on a site which might take a while to sell, and with the demand for physical Gold declining it's only going to get worse. It's not attractive at all. Stocks on the other hand are easy to liquidate from within my banking portal.

All these disadvantages will soon be solved with tokenization. You will be able to invest in real estate without needing to own a whole property and be liquid whenever you want by just placing your tokens in the market. The same (with much higher liquidity) already applies to gold and other commodities.

[magneto]

As S&P, Bitcoin, Gold and other assets hit new recent highs, it seems that the capital market in June 2018 is yet again on a frenzy.

SP500 hit a new historical record high. Bitcoin broke the 10,000 dollar mark again.

Beneath the seemingly prosperity, it there something unnoticed to the public? What'll happen next?

https://medium.com/sophonexchange/new-high-for-everything-1123087a04b9?source=friends_link&sk=39cee77ec17bebdfa5d746900c53c049

I personally think that it's merely a coincidence that the stock market and bitcoin markets have rallied at around the same time.

It's probably due to the fact that the cycles in both simply occurred in the same time, more than any underlying macro factor. Sometimes people try way too hard to find correlations between anything, and I mean anything, and it's completely futile.

For BTC's bull market, it's simply due to the fact that there has been a trend reversal which meant that we're currently in the bull stage of the cycle. For gold, it's due to its own cycles, and the fact that it's consolidated for so long, as well as a spark in demand probably due to the dubious nature of the political sphere. For the stock market, it's probably just short term volatility more than anything else.

[nakamura12]

The increasing price of bitcoin is entirely depends on supply and demand. I think the demand is increasing so the price will increase so even if the demand increase but the price is at 3k that time so they'll be willing to buy bitcoin at a higher price until it reach the price as of now. I don't see any connection sp500, gold other assets to bitcoin.

[DigitalGemToken]

I think that this new round of astronomical rise in the price of Bitcoin and gold is a hedge against uncertainly. There have been a lot of uncertain current events especially in economics and the corresponding rise of Bitcoin and gold is a reflection of that.

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