Bitcoin Forum
December 15, 2024, 03:11:46 PM *
News: Latest Bitcoin Core release: 28.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1] 2 3 4 5 6 7 »  All
  Print  
Author Topic: Would people pour their cash into bitcoin given a stock market crash?  (Read 8908 times)
pizza_lord (OP)
Newbie
*
Offline Offline

Activity: 26
Merit: 0


View Profile
April 02, 2014, 11:41:37 PM
 #1

Reason I ask is that some are speculating that we are 37 days away from such an event

http://www.blacklistednews.com/USA_Today:_Is_a_1987-type_Market_Crash_37_Days_Away%3F/34232/0/38/38/Y/M.html?utm_source=twitterfeed&utm_medium=twitter
Joshuar
Hero Member
*****
Offline Offline

Activity: 504
Merit: 500


eidoo wallet


View Profile
April 02, 2014, 11:42:24 PM
 #2


I don't think they'd pour money into something else right after losing money from the stock market crashing..especially with Bitcoin's price fluctuating dramatically weekly...so No.

██
█║█
║║║
║║║
█║█
██

                    ▄██▄
                  ▄██████▄
                ▄██████████
              ▄██████████▀   ▄▄
            ▄██████████▀   ▄████▄
          ▄██████████▀    ████████▄
         ██████████▀      ▀████████
         ▀███████▀   ▄███▄  ▀████▀   ▄█▄
    ▄███▄  ▀███▀   ▄███████▄  ▀▀   ▄█████▄
  ▄███████▄      ▄██████████     ▄█████████
  █████████    ▄██████████▀    ▄██████████▀
   ▀█████▀   ▄██████████▀    ▄██████████▀
     ▀▀▀   ▄██████████▀    ▄██████████▀
          ██████████▀    ▄██████████▀
          ▀███████▀      █████████▀
            ▀███▀   ▄██▄  ▀█████▀
                  ▄██████▄  ▀▀▀
                  █████████
                   ▀█████▀
                     ▀▀▀
e i d o o
██


                    ▄██▄
                  ▄██████▄
                ▄██████████
              ▄██████████▀   ▄▄
            ▄██████████▀   ▄████▄
          ▄██████████▀    ████████▄
         ██████████▀      ▀████████
         ▀███████▀   ▄███▄  ▀████▀   ▄█▄
    ▄███▄  ▀███▀   ▄███████▄  ▀▀   ▄█████▄
  ▄███████▄      ▄██████████     ▄█████████
  █████████    ▄██████████▀    ▄██████████▀
   ▀█████▀   ▄██████████▀    ▄██████████▀
     ▀▀▀   ▄██████████▀    ▄██████████▀
          ██████████▀    ▄██████████▀
          ▀███████▀      █████████▀
            ▀███▀   ▄██▄  ▀█████▀
                  ▄██████▄  ▀▀▀
                  █████████
                   ▀█████▀
                     ▀▀▀
██
█║█
║║║
║║║
█║█
██
jockular
Newbie
*
Offline Offline

Activity: 15
Merit: 0


View Profile
April 02, 2014, 11:54:31 PM
 #3

no
twiifm
Hero Member
*****
Offline Offline

Activity: 784
Merit: 500



View Profile
April 03, 2014, 12:32:40 AM
 #4

No. More like bonds, gold or real estate
amspir
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
April 03, 2014, 12:41:43 AM
 #5

Probably not.   Bitcoin's future growth depends on companies that invest in innovation, and an economy where people are buying things beyond necessities.
Zimbabwecoin
Member
**
Offline Offline

Activity: 87
Merit: 10


View Profile WWW
April 03, 2014, 05:43:41 AM
 #6

When the stock market crashes people will have less money for bitcoin. Hopefully a bunch of people will invest in Bitcoin BECAUSE they fear that the stock market will crash.

As there are more bitcoin investment opportunities hopefully more mainstream investors will start to join in the fun.

Planning to launch Zimbabwecoin in the future. Focused on building a community around it now.
Bit_Happy
Legendary
*
Offline Offline

Activity: 2114
Merit: 1040


A Great Time to Start Something!


View Profile
April 03, 2014, 05:46:21 AM
 #7

When the stock market crashes people will have less money for bitcoin. Hopefully a bunch of people will invest in Bitcoin BECAUSE they fear that the stock market will crash.

As there are more bitcoin investment opportunities hopefully more mainstream investors will start to join in the fun.

My idea exactly.
People need to sell stocks near the high (like now), and buy BTC at/near the current low prices.

BBmodBB
Full Member
***
Offline Offline

Activity: 154
Merit: 100

BTC = FREEDOM IS OUR ONLY HOPE!


View Profile WWW
April 03, 2014, 05:51:22 AM
 #8

~small caps explode when the big market crashes...hopefully my bitcoin pennystocks like $SOCR(Bitcoin collect) will begin to take flight? =) weeeeeee

*BTCitcoin Wales Club*-- message me for details!--///\\\TELEKINETICS///\\can manipulate objects with their mind. Telekinesis is one of the basis of many superpowers that are based on "controlling/manipulating", it may evolve to the point that a Telekinetic can control anything at a subatomic level.
BitOnyx
Member
**
Offline Offline

Activity: 112
Merit: 10

Cryptocurrencies Exchange


View Profile WWW
April 03, 2014, 12:13:29 PM
 #9

Such idea is probably even beyond speculation .

romang
Member
**
Offline Offline

Activity: 112
Merit: 10


View Profile
April 03, 2014, 12:15:35 PM
 #10

sell stocks at the high and buy bitcoins at 50% discount

anonuser777
Full Member
***
Offline Offline

Activity: 140
Merit: 100


View Profile
April 03, 2014, 02:12:33 PM
 #11

Everything gets sold off in a market crash. Even profitable investments. People liquidate their winners to pay for losses on other investments.
Beliathon
Hero Member
*****
Offline Offline

Activity: 784
Merit: 1000


https://youtu.be/PZm8TTLR2NU


View Profile WWW
April 03, 2014, 02:15:06 PM
 #12

You should probably not look to USA today for your business news. Or any news, really.

Remember Aaron Swartz, a 26 year old computer scientist who died defending the free flow of information.
TrueAccess
Newbie
*
Offline Offline

Activity: 38
Merit: 0


View Profile
April 08, 2014, 10:36:28 AM
 #13

I guess 1987 get very popular now thanks to Wolf of wallstreet Wink
notbatman
Legendary
*
Offline Offline

Activity: 2212
Merit: 1038



View Profile
April 08, 2014, 12:22:53 PM
Last edit: April 11, 2014, 03:30:38 AM by notbatman
 #14

The two graphs are dissimilar; two bubbles are clearly visible in the 1982 line before it dipped back to pre-bubble levels. A crash would be sub-bear market levels.

However, Bitcoin actually does resemble the nasdaq composite only repeated many times over, each iteration 10 times bigger than the last. A terrace effect if you will.

The market hit 420 USD/BTC and the bears wondered off in search of food and sleep.

10k USD/BTC (~1/10th of a % of the global currency cap.) in August without the USD crashing is my bullish prediction.

Then, a horrendous "crash" "the end of Bitcoin" they'll say as it dips back to 4.5K USD/BTC.

Edit 10 April 2014:

Looks like I fail at predicting the market Sad

BTC @ $350 and continuing fall. The bears are out in force today.
jamesc760
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
April 08, 2014, 03:33:36 PM
 #15

If you regularly predict something's going to crash , you are bound to be correct sometimes.
beatljuice
Full Member
***
Offline Offline

Activity: 196
Merit: 100


View Profile
April 08, 2014, 04:12:03 PM
 #16

I think there would be some people that would buy bitcoin in a stock market crash assuming it's not crashing also. This would bring the price up, which might excite people bringing the price even higher.

This brings up the more relevant question - will bitcoin follow the stock market, or act as a commodity similar to gold and go in the opposite direction?
aminorex
Legendary
*
Offline Offline

Activity: 1596
Merit: 1030


Sine secretum non libertas


View Profile
April 08, 2014, 05:20:17 PM
 #17

My present strategy is to short IWM, and roll the gains into BTC.
It's working well so far, and I expect it work incredibly well in the future.

SF Fed report tells me that PEs go to 8 by 2024.
BTC ETPs go live in 2015.

Give a man a fish and he eats for a day.  Give a man a Poisson distribution and he eats at random times independent of one another, at a constant known rate.
IIOII
Legendary
*
Offline Offline

Activity: 1153
Merit: 1012



View Profile
April 08, 2014, 06:36:55 PM
 #18

These crash predictions based on hypothetical chart analogy are plain BS. I'm not saying there won't be a crash - indeed stock valuations are high - but this has nothing to do with selectively picking a single time period (out of a ton of periods that would fit equally well) just to justify a crash prediction. Every uptrend will end someday.

So will people pour their cash into bitcoin if there is a stock market crash? I'd say it's possible, but most of them will do it after they already have lost most of their investment so it won't matter much.
jamesc760
Sr. Member
****
Offline Offline

Activity: 448
Merit: 250



View Profile
April 08, 2014, 06:58:40 PM
 #19

If the stock market crashes, gold and US$ will be king. There will be massive rush to convert everything into gold and cash. Cryptocurrency won't survive.
IIOII
Legendary
*
Offline Offline

Activity: 1153
Merit: 1012



View Profile
April 08, 2014, 07:26:38 PM
 #20

gold [ ] will be king

This is reasonable.

US$ will be king

This is reasonable - at least temporarily, because stocks are sold against cash. Longer term I'm not so sure because of inflationary monetary policy.

Cryptocurrency won't survive.

This seems not reasonable. I mean, why? Cryptocurrencies will not die without a reason that affects them. A stock market crash does not affect them, because cryptocurrencies are a totally different asset class.

A stock market crash is not the end of the world (only for some people that lose more funds than they can cope with).
Pages: [1] 2 3 4 5 6 7 »  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!