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Topic: Are stock markets the reason for the crash? - page 2. (Read 329 times)

member
Activity: 672
Merit: 12
November 17, 2018, 08:47:35 AM
#5
More and more ICOs are entering the market.  But now I see that buyers are slowly becoming absent.  So the demand is decreasing.  No fresh takers appear in the markets.  Coins issued in the past have gone to deep wells.  
This has brought negative trend in the markets.  Sentiments are very much bearish.  It is also having impact on the price of the king of crypto i.e. bitcoin.

But I do not see any relation between the fall in price of stock markets and crypto presently.  Though may be at the time of national or international economic recession these may fall together. 
hero member
Activity: 3150
Merit: 937
November 17, 2018, 08:22:42 AM
#4
How can the stock markets impact the crypto market?
Is there any panic selling that starts inside the stock markets and moves into the cryptocurrency markets?
I can't see such pattern.There only common thing between stocks and crypto markets are the trading bots. Grin Perhaps this "coincidence" is caused by the bots/automated trading (executing lots of stop loss orders,for example).
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
November 17, 2018, 08:12:43 AM
#3
I have often noticed like a "footprint" between Bitcoin and the stock market. But just a coincidence, (The market goes either up or down, so you have just 2 choices and so 50% to win each day... mathematically it's just natural) But never with a crash like the current crypto market is going through. And I doubt that contrary to what @BrewMaster says, it has nothing to do with the current BCH soap opera. Whatever it is, we still need some days to really know.
legendary
Activity: 2114
Merit: 1293
There is trouble abrewing
November 17, 2018, 07:33:59 AM
#2
you have a very interesting theory but i have to say no, because this recent drop had a very clear reason so there can't be any other one for it. the reason was the BCH fork FUD that took bitcoin by the storm and manipulators had their fun with the price.

also so far as i can remember bitcoin has never had any relationship with stock market although a couple of times it went against it meaning when stocks crashed bitcoin soared up.
sr. member
Activity: 613
Merit: 305
November 17, 2018, 06:41:11 AM
#1
I think it is not a coincidence that in the same days the stock market was red, the crypto market got red as well.
There is a link IMO , so there is not reason to think crypto is worthless, or that it is less worth than stocks.

I mean, it is not true that crypto crashed alone, while the rest of the world was happy.
When the crypto crashed, usually other markets crashed as well, like in the last downtrend.


Also, remember that the long-term profit that crypto gave us would not be possible with stocks.

Now what should we do?
I think that as the stock market begins recovering, crypto will follow.
But it may be a slow process, i.e. we lost 15% in 2 days, but now it can take weeks or even months to go back to the previous situation or even better.

This is because stocks are not going to recover fast: https://www.marketwatch.com/story/cnbcs-jim-cramer-says-stock-market-is-in-a-very-serious-correction-and-theres-nowhere-to-hide-2018-11-12

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