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Topic: Are stock markets the reason for the crash? (Read 332 times)

legendary
Activity: 1638
Merit: 1163
Where is my ring of blades...
November 21, 2018, 05:33:53 AM
#25
imagine you are sitting in a room and the room temperature starts rising up to the roof, when you look outside the room you can see another adjacent but separate room that has air conditioning and is cool. obviously what you do is to move your money to the other room.

that is what always happens with markets that are NOT connected to each other. bitcoin and stocks market have always been like this. when an investor who has stakes in both markets sees one dropping, pulls his money out of that and puts it in another market that is not dropping. that is the whole idea behind "diversification"!!! that you buy things that are NOT connected.

besides as it was pointed out there are a lot of reasons for this bitcoin price drop already...
newbie
Activity: 37
Merit: 0
November 21, 2018, 05:17:11 AM
#24
there is a global financial crisis that is more likely to happen this year that is why stockmarket and even crypto capitalization is affected by this crash in economy. i dont think that solely the stockmarket is the reason of fall in total market capitalization in crypto.
I think no because stock markets have also gotten the value depreciated and the margin of profits in the stock market has been down as well. There are many reasons for this fall prominent among which is the imposition of duty and taxes and the banning of crypto by some countries.
hero member
Activity: 1526
Merit: 596
November 19, 2018, 07:08:15 PM
#23
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

I really don't think that there were any ties between this crash and the stock market also crashing.

The US stock market was already correcting before this current bitcoin dump which sent prices down below the $6k support, and is currently sitting at between $4-5k which I believe will be the level that is upheld over the next few weeks. And stocks were already overbought way before the current correction in bitcoin markets, which means that an adjustment in shares prices was imminent and a matter of time.

Bitcoin's crash I believe is completely independent as a result of its own reasons for happening, which led to a panic dump in the already bearish market, which is nothing out of the ordinary. In fact, i would have been surprised if prices didn't adjust down further within this bear market. I also don't expect bitcoin to recover only due to the stock market recovering. Bitcoin is a currency that is independent and decentralized from the traditional banking system, while stocks is a completely different market imho.
legendary
Activity: 1442
Merit: 1025
November 18, 2018, 10:36:05 AM
#22
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
No the stock markets have nothing to do with this crash. Yes, I should point out that when stock markets collapse there is a trickle down affect where the people who had money in crypto or some other place that lost their money in stock markets tend to withdraw their crypto currency investments to cover some other expense because their dividends are much lower this year or something. When a person becomes poor all of a sudden or at least poorer than before they have to sell their crypto to cover the expenses, they can't keep it there.

Moreover, this one wasn't like that, this was fueled by the war going on between two sides of the bitcoin cash war. Everyone knows this, everyone has been talking about the same thing for the past week, just look at all the posts here and you will see how it affected the price.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
November 18, 2018, 08:41:04 AM
#21
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.

You're trying to tell us that Craig wright, the fake satoshi who couldn't prove ownership of Satoshi's addresses, had something to do with the crash? Cheesy Good joke, i give you that! Most Bitcoin holders don't hold BCH and don't care about it, and Craig alone wouldn't crash anything.
The crash was probably caused by expiring futures because it happened on the same day.

not directly for obvious reasons that he doesn't have any effects on the market directly. but indirectly and through propaganda he succeeding in creating a dramatic environment in which the price drop could happen easily. that environment was the FUD filled social media filled with threats of dumping 1 million bitcoin on the market.

it is like a couple of years ago when Mike Hearn spread some bullshit about bitcoin being dead. he didn't sell to crash the market, the whales did it for him after his FUD.
full member
Activity: 742
Merit: 144
November 17, 2018, 11:11:59 PM
#20
there is a global financial crisis that is more likely to happen this year that is why stockmarket and even crypto capitalization is affected by this crash in economy. i dont think that solely the stockmarket is the reason of fall in total market capitalization in crypto.
I think so, stock market has no major influence in cryptomarket dump and for me its more on the hard fork of the BCH that caused a lot of panic to some miners and even to the investors.

Its just a coincidence, and IMO when stock market dump cryptomarket should take the different way because investors will switch in cryptocurrency.

Also a lot of fud news circulating around cryptomarket, and they continue to discourage people from holding their coin and force them to sold it at a loss. So many negative speculation, but don’t listen to them listen only to yourself which more reliable compare to any fud news.
hero member
Activity: 1484
Merit: 535
November 17, 2018, 06:51:12 PM
#19
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.

the ONLY reason for this crash, was that there were a lot of people fudding, also, the cancelation of the ETF for bitcoins, and a lot of other stuff that made it crash.

People stopped believing at 100% on bitcoin after a boring year, that is the sad truth.

But we are going to see it recovering sooner or later
hero member
Activity: 2184
Merit: 531
November 17, 2018, 01:50:46 PM
#18
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.

You're trying to tell us that Craig wright, the fake satoshi who couldn't prove ownership of Satoshi's addresses, had something to do with the crash? Cheesy Good joke, i give you that! Most Bitcoin holders don't hold BCH and don't care about it, and Craig alone wouldn't crash anything.
The crash was probably caused by expiring futures because it happened on the same day.
full member
Activity: 490
Merit: 110
November 17, 2018, 12:47:12 PM
#17
there is a global financial crisis that is more likely to happen this year that is why stockmarket and even crypto capitalization is affected by this crash in economy. i dont think that solely the stockmarket is the reason of fall in total market capitalization in crypto.
sr. member
Activity: 494
Merit: 250
November 17, 2018, 12:42:52 PM
#16
Since their rules are different and profiles of investors are not similar to each other, it is impossible to say that there is a relation between trends of stock and crpto markets. Crypto is new to financial markets and we don't see a stability in prices and fluctuation is very high when compared to assets of stock markets. We can also say that they are alternative to each other which means that the money goes out from stock market does not go to crypto market, vice versa.
legendary
Activity: 1137
Merit: 1000
November 17, 2018, 12:37:49 PM
#15
I am looking for other reason.
what i know on this crash is the Bitcoincash fork.
yes, it is true for me! people sold their ETH and BTC just to get the BCH and be on the fork.
there were 2 forks of BCH which is good to have for free right?
legendary
Activity: 3038
Merit: 1169
November 17, 2018, 12:27:27 PM
#14
In my opinion, the two have a different story residing in the crash and the stock market is not involved with bitcoins crash and vice versa, But maybe there is some connection regarding the movements but I think it will be moving in a different direction and will not move in the same matter and often times we can see that different currency have a stable movement than cryptocurrency and I think the sudden crash of bitcoin has due to something rather it can be FUD or another manipulation but in terms the stock market sometimes have nothing to do with a sudden spike or fall for the price of bitcoin.
hero member
Activity: 2660
Merit: 630
Vave.com - Crypto Casino
November 17, 2018, 12:20:52 PM
#13
I'm just having a rethink myself, I have not read anywhere that bitcoin and stock market have any resemblance or similarities. Moreover, they are not controlled by the same indices. Stock market is strictly analysed based on economic indicators but bitcoin is independent and totally different.
full member
Activity: 546
Merit: 100
November 17, 2018, 11:50:06 AM
#12
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



I think crypto is totally different with stocks.
It's a currency that can be used by anybody who has an internet connection, not like a commodity.
So i think there are no connection between stocks drops and crypto drops, just an accidental thing
hero member
Activity: 896
Merit: 630
November 17, 2018, 11:49:46 AM
#11
There is no evidence to say bitcoin and stocks market has a direct or indirect relationship in their trends. Financial markets are affected by each other and everybody knos it but this theory doesn't work for bitcoin. If market cap of crypto currencies increase in long term, we may see a connection between Nasdaq and cryrto market.
Pab
legendary
Activity: 1862
Merit: 1012
November 17, 2018, 11:12:04 AM
#10
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



If we follow historic data than yes

Price of bitcoin was fallowing Nasdaq in recent years
It is possible because bitcoin is kind of emerging asset what are not performing well during bessa time
It looks like there is not any serious investors on market but current sell off can be down before bitcoin really
Lets see what will happen next
copper member
Activity: 73
Merit: 1
November 17, 2018, 11:04:58 AM
#9
Naaah. There is no correlation. The massive dump was that investors pulled their funds from other crypto to invest in BCH to participate in the fork. They'll soon start investing back in BTC and ETH once the fork is over.
newbie
Activity: 84
Merit: 0
November 17, 2018, 11:01:37 AM
#8
I think people draw more of a correlation between the stock exchange and crypto than necessary.

Correct. There's no super-relation, especially considering most people joined crypto in the second half of 2017, and a fair share of them know nothing about stocks Smiley
newbie
Activity: 84
Merit: 0
November 17, 2018, 11:00:30 AM
#7
Stock markets play according to their cycles, which are not relevant to btc cycles. Of course, stocks do affect btc, but they don't define the whole direction. Regarding the current situation: we are now experiencing a bear market, and it's far from its end. So whether you correlate stock and btc or not, the downtrend will continue for a while.
sr. member
Activity: 700
Merit: 250
November 17, 2018, 10:57:28 AM
#6
Your theory seems pretty interesting, but I am not sure if exactly happened, may be some other and minor reasons were there.

but for me until now it was not known exactly, what caused the decline in the market. because there are many markets that don't like it too, so many people or individuals who sometimes fabricate stories for the sake of the market are destroyed. so we have to be more careful first. because the cause is not exactly known
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: 3164
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: 2128
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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