Do economic indicators favour Bitcoin ?

[Thavash]

In recent months , we've seen :

1) Yield curve flip
2) Trade Wars
3) Quantitative easing ( more money printing )
4) Experts talk up gold

What does this all mean for Bitcoin ?

I discuss here : https://youtu.be/UPyo0n51qJA

[Artemis3]

In recent months , we've seen :

1) Yield curve flip
2) Trade Wars
3) Quantitative easing ( more money printing )
4) Experts talk up gold

What does this all mean for Bitcoin ?

It mostly means the same, Bitcoin is similar to the precious metals market, but not exactly the same. Sometimes when the economy is bad, and they seek refuge in metals, they also seek refuge in Bitcoin. On the other hand, give current Bitcoin low price, it might even be quite smart move.

[YuginKadoya]

In recent months , we've seen :

1) Yield curve flip
2) Trade Wars
3) Quantitative easing ( more money printing )
4) Experts talk up gold

What does this all mean for Bitcoin ?

I discuss here : https://youtu.be/UPyo0n51qJA

In my opinion, it does mean nothing about Bitcoin and in what my knowledge have known you can not lump Bitcoin with typical trading with the foreign exchange market I don't know about the yield curve flip that you are saying but in a decentralized manner you can not print more blocks of Bitcoin because it is limited that is why it keeps its value high, and the volatile manner of Bitcoin keeping experts talk not about gold but they are looking on other Cryptocurrency that is also volatile, I guess even with the risk traders liked the volatility in the crypto space.

[yoseph]

In recent months , we've seen :

1) Yield curve flip
2) Trade Wars
3) Quantitative easing ( more money printing )
4) Experts talk up gold

What does this all mean for Bitcoin ?

It mostly means the same, Bitcoin is similar to the precious metals market, but not exactly the same. Sometimes when the economy is bad, and they seek refuge in metals, they also seek refuge in Bitcoin. On the other hand, give current Bitcoin low price, it might even be quite smart move.

True the economic indicators have nothing on cryptocurrencies at all but just Artemis when the global  markets and economies turn sour and there is a lot of panic, investors tend to go towards to gold and silver and maybe should there another global crisis,  people may turn to Bitcoins when they start to invest in precious minerals.

[btc_angela]

I would say that there's no correlation whatsoever. Just look at what's going on in Hong Kong, initially there are speculations that bitcoin will go up because wealthy Chinese are going to hedge their money in bitcoin and so far we hadn't had that case as the price did go down after the all the on going political and economic turmoil in China-Hong Kong, not to mentioned Brexit and US-China trade wars. Bitcoin though could be a good hedge or as store of value but perhaps many investors are getting into golds or any other precious metals.

[Mandoy]

We have seen how bitcoin is very different from forex market and stock market. Its volatility is nothing to be compared to and it does not get affected so easily by economic indicators. I have noticed that economic indicators as well as bitcoin news have now low impact on bitcoins value compared to before. The only thing that can really impact bitcoin is when a big whale deposits or withdraws a large amount of bitcoin from the exchange. If a big chunk of bitcoins will enter the exchange the expectancy for the value to go down is very high. Right now monitoring the whale wallets is much more of a concerned rather than economic indicators.

[Kyraishi]

In recent months , we've seen :

1) Yield curve flip
2) Trade Wars
3) Quantitative easing ( more money printing )
4) Experts talk up gold

What does this all mean for Bitcoin ?

I discuss here : https://youtu.be/UPyo0n51qJA

I think all of them have absolutely zero value to how the Bitcoin prices moves, except the 2nd one.

Trade wars (like what's happening to China and the USA) are a big problem and they are actually helping out crypto-currencies since people want something safe to hold their money in. We saw this with increased volume from Hong Kong when they had issues with China and I do think it's gotten some people to pick up some coins for a cheap price.

It's very different to the regular market and that's probably why the other factors aren't factors to bitcoin.

[CryptoBry]

In recent months, we've seen :

1) Yield curve flip
2) Trade Wars
3) Quantitative easing (more money printing)
4) Experts talk up gold

What does this all mean for Bitcoin ?

They just mean one thing: The environment is always ready for Bitcoin to make a good run soon. When people are feeling jittery about any development, they can be seeking safe haven for their wealth and they will be looking at gold and Bitcoin. Old gold fans may not be agreeing with Bitcoin that much but younger population may consider Bitcoin as a very viable digital asset that has similarities to gold but differs in some aspects. The trade wars and quantitative easing are not good for the economy, generally speaking though politicians can say otherwise. Gold is expected to rise in price especially in 2020, just in time for the possible bull run of Bitcoin. Can we say then that Bitcoin is the new digital gold? You bet.

[fiulpro]

I don't think they do because when people predict according to the real world conditions they actually end up predicting something that will never come true in fact and the opposite happens , we can take example of the halving it was very obvious and people thought the price would genuinely go up during this time but unfortunately since that time the price is going down and down so I think there is no indicator that might work for bitcoins and other cryptocurrencies.

[hugeblack]

Can we say that Bitcoin has become a real alternative to current financial investments, in the sense that investments may flow to it in the event of political or economic uncertainty? If yes, all the above effects will have meaning and then the effect of each effect can be measured separately.
Unfortunately, bitcoin cannot be considered an alternative because of the difficulty of predicting price trends and rapid fluctuations that make reliance on them "in uncertainty" closer to gambling.
Many tend to play on the safe side, so the money will not be much in agreement, especially those that are linked to loans or daily basics.
Institutional funds are often governed by statutory laws and regulations. The absence of such legislation limits the ability of these institutions to invest.

[Wintersoldier]

I am thinking allot about the money printing,  as by far, it is indicating the the world needs more fiats as the economy needs it. If that is so, then more people will have much of their fiats compared to bitcoin or crypto. But in other way, we might also think that these huge volume could be the reason why cryptocurrency will become better as people will have more fiat to convert. In simple words, it was really hard to co-relate the economy made by fiats to the economy that we will going to make through the help of cryptocurrency.

[ChrisPop]

Economic indicators certainly put their footprint on the Bitcoin price, but we can't really measure the impact. I see it like this: in order for more money to pour into the cryptocurrency marketcap & implicitly Bitcoin people should be financially healthy. Be sure that the average american who does not know much about cryptocurrencies besides that they are risky won't put any money in them if they can barely make the next month bill. On the other side, if the population would clearly see that their fiat money is losing power dramatically on a regular basis they would certainly be looking for a deflationary currency like Bitcoin is. But most people are not even aware of the inflation or don't care about it until they'll see the consequences themselves.

[mintme.com]

the more complicated system is - the more likely it is to fail, and current financial system is so complicated that economists argue all the time what effect will this change bring or that change bring... and yet they cannot predict recessions anyway

(Other than people who always criticize some subject, like Mr Doom - really, not hard to be right if you keep saying "recession will come" over and over again. Sooner or later you will be right)

So this alone is a reason to believe in Bitcoin - far far more clear and simple system to understand.

[noormcs5]

In recent months , we've seen :

1) Yield curve flip
2) Trade Wars
3) Quantitative easing ( more money printing )
4) Experts talk up gold

What does this all mean for Bitcoin ?

I discuss here : https://youtu.be/UPyo0n51qJA

In short, all those things point towards the financial crisis in the big markets. The moment the world feels that printed money is losing its value (Dollar in particular), they will have only one option and that is to convert their money into bitcoins. This already happened in Venezuela and Iran, where their local currency fell too much and they converted to digital currency.

[carter34]

What does this all mean for Bitcoin ?

I discuss here : https://youtu.be/UPyo0n51qJA

I think that if the economic indicator goes against fiat, then it is likely to favour bitcoin. For example, if for instance war times do make a country lose value in their currency because production won't continue and export that can generate foreign exchange will be reduced or not present at all and standard of living will fall. So this will affect the country's currency. In this kind of situation, it is expected that bitcoin will become the safe house to hide your money. So the price is most possible to increase.

[Emmycool]

BitcoinBTC might be a plaything for so many, a fun way to experiment with digital cash or perhaps to buy things online that you did rather people didn’t know about. But others are seeing it as a serious haven in the  financial storm.it even prevent alot of person from doing even basic things like taking cash out of the bank

http://[shadow=red,left][glow=red,2,300][u][i][b]thanks[/b][/i][/u][/glow][/shadow]

[enhu]

Thavash mentioned about printing USDs worth more than Billions or something a month. How is that going to help the economy when printing every dollar has to be backed by gold? It be have less value in the end and its one of the recipe that will make this financial crisis to really happen. One thing that a bitcoin believer will think of is Bitcoin will eventually be the Gold.20 as he claimed but that because he himself is a bitcoin believer. Things are still uncertain. Printing as much USD a month may not even be true, that's just in the paper news.

[figmentofmyass]

In recent months , we've seen :

1) Yield curve flip
2) Trade Wars
3) Quantitative easing ( more money printing )
4) Experts talk up gold

What does this all mean for Bitcoin?

the bitcoin market is still largely driven by retail investors. it will respond to macro trends like a pronounced recession (because investors have increasingly limited disposable capital or are losing their jobs). so it'll follow the stock market down when the crash actually hits.

it probably won't respond to leading economic indicators like these before the fact.

[th3nolo]

In recent months , we've seen :

1) Yield curve flip
2) Trade Wars
3) Quantitative easing ( more money printing )
4) Experts talk up gold

What does this all mean for Bitcoin ?

I discuss here : https://youtu.be/UPyo0n51qJA

I believe instead of economic effects what will cause is a higher level of awareness regarding money among society.

Generally, people live their lives and take for granted their money will always be a store of value, a medium of exchange, etc.

But if you live in countries with hyperinflation you understand very well what happens when your government manipulates its currency as it wants.

Even in societies where money management is more conscious, eventually, people end up being affected by their governments.

the bitcoin market is still largely driven by retail investors. it will respond to macro trends like a pronounced recession (because investors have increasingly limited disposable capital or are losing their jobs). so it'll follow the stock market down when the crash actually hits.

it probably won't respond to leading economic indicators like these before the fact.

I agree with you and I also think that will be the perfect time to get a lot of Bitcoins, although no one can predict exactly what will happen.

[Shasha80]

Economic indicators have nothing to do with bitcoin prices, so whatever happens the economy will have no big effect which is 
against the price of bitcoin. What affects the price of bitcoin is whales, because whales have a large capital. So once a transaction
will affect the price of bitcoin, for example whales make a deposit then the price of bitcoin will automatically rise and if the whales
withdraw, the bitcoin price will automatically go down. My conclusion economic indicators do not affect bitcoin directly.