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Topic: "bitcoin goes up when stocks go down" (Read 3808 times)

newbie
Activity: 44
Merit: 0
March 01, 2016, 02:47:25 PM
#55
It maybe because of the demand of both sides. Some of the stockholders might transferred their stock funds into bitcoin.

If they transfer 0.01% of their funds into bitcoin, the bitcoin price will fly very high. The price maybe $100,000.
full member
Activity: 140
Merit: 100
★YoBit.Net★ 350+ Coins Exchange & Dice
February 23, 2016, 10:49:43 AM
#54
It maybe because of the demand of both sides. Some of the stockholders might transferred their stock funds into bitcoin.
newbie
Activity: 44
Merit: 0
February 23, 2016, 10:20:25 AM
#53
There is too much volatility in Bitcoin to properly measure whether there is a correlation or not.  If Bitcoin were to stabilize we could have a better picture.

Yes. I think the bitcoin has too much volatility. If the bitcoin price just rises 1% a week, that will make it very valuable.

IMO I think the price will stabilize (to a certain degree) after the halving occurs, I think the run up to this will show increased volatility but after the halving I believe it will settle and then maybe more accurate comparisons can be made to real world markets.

The price peak in 2013 was about 11 months after the halving. The price rose a lot at the time.
full member
Activity: 154
Merit: 100
♥Bitcoin-Ethereum-Ripple♥
February 19, 2016, 01:50:16 PM
#52
There is too much volatility in Bitcoin to properly measure whether there is a correlation or not.  If Bitcoin were to stabilize we could have a better picture.

Yes. I think the bitcoin has too much volatility. If the bitcoin price just rises 1% a week, that will make it very valuable.

IMO I think the price will stabilize (to a certain degree) after the halving occurs, I think the run up to this will show increased volatility but after the halving I believe it will settle and then maybe more accurate comparisons can be made to real world markets.
full member
Activity: 126
Merit: 100
February 19, 2016, 01:44:39 PM
#51
I've heard this all over the forum, and it just doesn't seem to be true, according to the chart of DJIA vs Bitcoin. In fact, it might be the opposite.

IMAGE

This is an interesting thing. I fully expected bitcoin to develop and grow in a counter market fashion. Kinda the way gold prices behave. When the market is a mess investors flee to gold. But that is not what I see at all. In fact bitcoin often tracks world markets.

I have no idea why that would be?  Huh

Would you also expect investors to flood into Random_Shitcoin when markets tank? If not, why?
They do seem to do that with alt-coins? It's not what I do though.
Most of the money I have made in various markets has been made betting against markets. I divested before the last two tech crashes and the 2008 crash. However it hasn't always worked, I take a bath once and a while.

I guess I was trying to say that people see gold as a safe haven, something relatively stable (rightly or wrongly). They feel that even if they do lose money with gold, it won't be all of it & it won't be overnight. Because gold is a big thing, with many private/governments investors, one of those "too big to fail" things.
Bitcoin, otoh, is seen as a high risk/high reward investment, like a tech/bio startup.
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
February 19, 2016, 01:15:25 PM
#50
I've heard this all over the forum, and it just doesn't seem to be true, according to the chart of DJIA vs Bitcoin. In fact, it might be the opposite.

IMAGE

This is an interesting thing. I fully expected bitcoin to develop and grow in a counter market fashion. Kinda the way gold prices behave. When the market is a mess investors flee to gold. But that is not what I see at all. In fact bitcoin often tracks world markets.

I have no idea why that would be?  Huh

Would you also expect investors to flood into Random_Shitcoin when markets tank? If not, why?
They do seem to do that with alt-coins? It's not what I do though.
Most of the money I have made in various markets has been made betting against markets. I divested before the last two tech crashes and the 2008 crash. However it hasn't always worked, I take a bath once and a while.
full member
Activity: 126
Merit: 100
February 19, 2016, 01:10:02 PM
#49
I've heard this all over the forum, and it just doesn't seem to be true, according to the chart of DJIA vs Bitcoin. In fact, it might be the opposite.

IMAGE

This is an interesting thing. I fully expected bitcoin to develop and grow in a counter market fashion. Kinda the way gold prices behave. When the market is a mess investors flee to gold. But that is not what I see at all. In fact bitcoin often tracks world markets.

I have no idea why that would be?  Huh

Would you also expect investors to flood into Random_Shitcoin when markets tank? If not, why?
legendary
Activity: 3066
Merit: 1147
The revolution will be monetized!
February 19, 2016, 12:53:34 PM
#48
I've heard this all over the forum, and it just doesn't seem to be true, according to the chart of DJIA vs Bitcoin. In fact, it might be the opposite.

IMAGE

This is an interesting thing. I fully expected bitcoin to develop and grow in a counter market fashion. Kinda the way gold prices behave. When the market is a mess investors flee to gold. But that is not what I see at all. In fact bitcoin often tracks world markets.

I have no idea why that would be?  Huh
newbie
Activity: 44
Merit: 0
February 19, 2016, 12:48:23 PM
#47
There is too much volatility in Bitcoin to properly measure whether there is a correlation or not.  If Bitcoin were to stabilize we could have a better picture.

Yes. I think the bitcoin has too much volatility. If the bitcoin price just rises 1% a week, that will make it very valuable.
hero member
Activity: 756
Merit: 500
February 06, 2016, 12:42:35 PM
#46
There is too much volatility in Bitcoin to properly measure whether there is a correlation or not.  If Bitcoin were to stabilize we could have a better picture.
hero member
Activity: 644
Merit: 500
February 06, 2016, 12:34:34 PM
#45
The bitcoin price is being calculated with accordance to the value of dollar. So value of bitcoin increase even if dollar price increases. This indicates the direct relation between stock market and bitcoin price. The bitcoin too goes down when stocks go down

Well your logic is thinking about the two entities literally. BTCBTCBTC price doesn't work that way and I do not believe there's a direct relationship at all. Indirectly, though, it might be possible.

When the price starts going up, people start coming out of the woodwor. We are setting new records almost on a daily basis for amount traded and number of transactions.
It should be noted that bitcoin is a relatively illiquid market, so its exchange rate against major world currencies has been historically volatile
newbie
Activity: 44
Merit: 0
February 06, 2016, 11:29:56 AM
#44
The bitcoin price is being calculated with accordance to the value of dollar. So value of bitcoin increase even if dollar price increases. This indicates the direct relation between stock market and bitcoin price. The bitcoin too goes down when stocks go down

If the bitcoin is not affected by other factors, the bitcoin price in dollars will drop when the dollar value rises.
legendary
Activity: 1848
Merit: 1009
Next-Gen Trade Racing Metaverse
January 27, 2016, 07:58:00 AM
#43
The bitcoin price is being calculated with accordance to the value of dollar. So value of bitcoin increase even if dollar price increases. This indicates the direct relation between stock market and bitcoin price. The bitcoin too goes down when stocks go down

Well your logic is thinking about the two entities literally. BTCBTCBTC price doesn't work that way and I do not believe there's a direct relationship at all. Indirectly, though, it might be possible.
legendary
Activity: 3164
Merit: 1213
January 27, 2016, 07:53:11 AM
#42
The bitcoin price is being calculated with accordance to the value of dollar. So value of bitcoin increase even if dollar price increases. This indicates the direct relation between stock market and bitcoin price. The bitcoin too goes down when stocks go down
sr. member
Activity: 406
Merit: 250
January 27, 2016, 06:49:37 AM
#41
I think that it would be more : "the worst the situation is, the higher the Bitcoin price will be". If this is true, they're great times ahead my friends Grin !

I think it is of course logical that when there is little of it is that it is more valuable.

And if there is a lot of it is that it will be worth less.
hero member
Activity: 560
Merit: 500
January 26, 2016, 03:23:45 PM
#40
I think that it would be more : "the worst the situation is, the higher the Bitcoin price will be". If this is true, they're great times ahead my friends Grin !

thats true! there is another thread on here where someone pointed out that economist Martin Armstrong is now advising people in all of europe to open banks in the USA, because some countries (Switzerland I believe) have already approved bail ins
legendary
Activity: 1120
Merit: 1001
January 26, 2016, 03:15:34 PM
#39
I think that it would be more : "the worst the situation is, the higher the Bitcoin price will be". If this is true, they're great times ahead my friends Grin !
legendary
Activity: 1176
Merit: 1001
The most Professional Cryptocurrency Casino
January 26, 2016, 03:13:49 PM
#38
all stock market today is down but bitcoin slide, i think bitcoin is have own way. so happen with stock market,oil, commodities, etc. does'nt affect to bitcoin
legendary
Activity: 994
Merit: 1000
January 26, 2016, 01:13:17 PM
#37
a better correlation seems to be "btc goes up when the threat of capital controls becomes reality".

This seems to be the case, as capital controls lead to fear and uncertainty, and both of those tend to lead some to btc
i think you are talking about those chinese move on november. Yes we need some more capital control rules also in us and europe. Smiley
sr. member
Activity: 476
Merit: 250
January 26, 2016, 12:53:06 PM
#36
As far as I can work out there is nothing set that actually affects bitcoin, the stocks from what I have seen don't do something, it is going to happen with the price chances or it won't.
We will see it at the end from the stocks, I don't think its true.
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