If the stocks market will crash again like 2008, what will happen to bitcoin

sapnu

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Quote from: tambok on November 19, 2019, 12:05:37 PM

Quote from: desticy on November 18, 2019, 01:57:50 PM

Given that the market is manipulating, I think the following will happen: first, the price of bitcoin will go up very much, fast and fast, so that people would be afraid that if they do not buy bitcoin now, it will be too late and they will not be able to save their savings. Panic will begin, everyone will buy, global FOMO. Which will end as sharp as the rise in the price of bitcoin, because those who manipulate the market will sell everything, creating a panic, a panic sale will begin. Then there will be a flat change, to complete despair in the market, and again growth. Typical scheme.

Once the price crashed again just like before then the trust of investors and newly users will definitely will become doubtful again and they will be very frustrated and disappointed. Panic sell will for sure happen, and those who believed in Bitcoin and trust it with all their hearts will be the one who will stay. But, let's not take this too seriously for now as it will be unlikely to happen.

It actually crashes last few months ago, the bitcoin reached its lowest peak since 2017(wherein bitcoin reaches twenty thousand dollars in price), and that is actually not good for us losing our bitcoin in our own wallets. But for me, that is actually a good time to buy that particular token or any other altcoin because I know in myself that bitcoin will rise up again, it is in their nature that the price or value is changing when there is a transaction happening all around the world, the price is changing time by time. Do not panic if the market experienced downfall because it is not the end. Just have patience ad courage to earn.

tambok

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Quote from: desticy on November 18, 2019, 01:57:50 PM

Given that the market is manipulating, I think the following will happen: first, the price of bitcoin will go up very much, fast and fast, so that people would be afraid that if they do not buy bitcoin now, it will be too late and they will not be able to save their savings. Panic will begin, everyone will buy, global FOMO. Which will end as sharp as the rise in the price of bitcoin, because those who manipulate the market will sell everything, creating a panic, a panic sale will begin. Then there will be a flat change, to complete despair in the market, and again growth. Typical scheme.

Once the price crashed again just like before then the trust of investors and newly users will definitely will become doubtful again and they will be very frustrated and disappointed. Panic sell will for sure happen, and those who believed in Bitcoin and trust it with all their hearts will be the one who will stay. But, let's not take this too seriously for now as it will be unlikely to happen.

desticy

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Given that the market is manipulating, I think the following will happen: first, the price of bitcoin will go up very much, fast and fast, so that people would be afraid that if they do not buy bitcoin now, it will be too late and they will not be able to save their savings. Panic will begin, everyone will buy, global FOMO. Which will end as sharp as the rise in the price of bitcoin, because those who manipulate the market will sell everything, creating a panic, a panic sale will begin. Then there will be a flat change, to complete despair in the market, and again growth. Typical scheme.

bohr

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Quote from: meliodas on November 10, 2019, 02:18:51 AM

I don't think that the interest in bitcoin and other cryptocurrencies will have a slight decline as the stock market crashes. The cryptocurrency market is not influenced by the move of the stock market so the investors in stock market will see that invulnerability of cryptocurrency market and that will trigger their emotion to buy cryptocurrency as their backup investment so they can make profit while the stock market is going down.

If markets are valued in fiat then they are related in someway, and since everything is valued in fiat then the crash of the stock market will have an effect on this market, what we are trying to figure out is the nature of that effect, it seems possible that at first the market will be impacted negatively as those that have investments in both the stock and the crypto market decide to sell their coins to cover their losses in the stock market, but then I really think we will see a positive reaction as investors realize this market is safe from the manipulations the governments will try to save the stock market.

Barbut

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Before the crash, we will see whales cashing out. Who notices this will cash out too, in the end, people who didn't cash out will stay with empty pockets. People who cash out will search for new places where to invest their money, among other choices I believe they will invest in cryptocurrencies! Cryptomarket will grow! One more stock market crash and people will lose faith in them once again, many of them will turn to cryptocurrencies. Cryptomarket will grow!

panganib999

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Quote from: jonathan6655321 on September 07, 2018, 02:49:53 AM

If the stocks market will crash again like 2008, what will happen to bitcoin?
I personally think that people will take their money out and will invest it somewhere else.

Do you think that bitcoin will be a good alternative?

There had been many viewpoint about this topic and all ends up with the statement that means no one could still predict it correctly since such predictions are usually being based with historical events. The first thing to consider in answering in this question is, are the stocks and bitcoin correleted? If bitcoin happened to be of any correlation with stocks, a move by stocks also means an opposite or parallel move on the same time frame for bitcoin. But analysts says that there hasn't any data that have showed any clear correlation of the two. But if we will look at how it will affect each other with an attack psychologically, it might have an effect on bitcoin if a major crash happened. For instance, the major crash happened and the investors got scared for their assets and pulled out their money, thatbwill surely affect bitcoin.

Faxmate

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Quote from: meliodas on November 10, 2019, 02:18:51 AM

Quote from: Vishnu.Reang on November 10, 2019, 02:12:56 AM

Quote from: Polar91 on November 10, 2019, 02:04:07 AM

It's really hard to tell because it really depends on the situation. Crypto and stock market are somehow correlated to each other. They can be both influenced by the economic condition factor in which if the stock crashes, the economic condition could be dramatically be bearish causing others to pull out their assets such as cryptocurrency investment.

What sort of correlation is there between the two (stock market and cryptocurrency market)? IMO, there is hardly any connection, as both are as different as fire and ice. The only vague co-relation I could think about is that in case the stock market is down, then there can be a slight decline in the interest for cryptocurrency. Because people will be left with less money to spend and therefore Bitcoin purchases can also go down.

I don't think that the interest in bitcoin and other cryptocurrencies will have a slight decline as the stock market crashes. The cryptocurrency market is not influenced by the move of the stock market so the investors in stock market will see that invulnerability of cryptocurrency market and that will trigger their emotion to buy cryptocurrency as their backup investment so they can make profit while the stock market is going down.

The stock market has no direct relation with the digital coin market and obviously after its crash, the investors of stock market will lose faith in it. Declines always lay a bad impact on the investors. More or less, crypto currencies will gain attention from the suffering people. The crash appears to be in favor of digital. Better would be if they invest in bitcoin and altcoins at present as prices will be high in future.

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Quote from: onrise on November 08, 2019, 01:33:12 AM

Quote from: Vishnu.Reang on November 07, 2019, 11:35:25 AM

IMO, the Bitcoin exchange rates may go down if there is a crash in the stock market. People will be left with less money and therefore Bitcoin purchases will go down. The existing users will be forced to sell their coins, in order to cover their expenses. Ordinary people are more likely to shift to less risky assets, such as treasury bonds and gold.

Firstly it will be a shock for people if market crashes as many would lose out a lot of money and definitely those who invest in btc and stocks would have left with less options and might start to sell btc in order for their daily requirements if people are crunch with money . Or they cannot take chance with btc and lose their money here as well so will sell it .

I think when the price falls it can be a very good moment to be able to buy assets at low prices by utilizing a lot of panicked traders and selling their assets at low prices, for experienced investors will definitely take advantage of such good opportunities to stock as much as they can.

meliodas

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Quote from: Vishnu.Reang on November 10, 2019, 02:12:56 AM

Quote from: Polar91 on November 10, 2019, 02:04:07 AM

It's really hard to tell because it really depends on the situation. Crypto and stock market are somehow correlated to each other. They can be both influenced by the economic condition factor in which if the stock crashes, the economic condition could be dramatically be bearish causing others to pull out their assets such as cryptocurrency investment.

What sort of correlation is there between the two (stock market and cryptocurrency market)? IMO, there is hardly any connection, as both are as different as fire and ice. The only vague co-relation I could think about is that in case the stock market is down, then there can be a slight decline in the interest for cryptocurrency. Because people will be left with less money to spend and therefore Bitcoin purchases can also go down.

I don't think that the interest in bitcoin and other cryptocurrencies will have a slight decline as the stock market crashes. The cryptocurrency market is not influenced by the move of the stock market so the investors in stock market will see that invulnerability of cryptocurrency market and that will trigger their emotion to buy cryptocurrency as their backup investment so they can make profit while the stock market is going down.

Vishnu.Reang

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Quote from: Polar91 on November 10, 2019, 02:04:07 AM

It's really hard to tell because it really depends on the situation. Crypto and stock market are somehow correlated to each other. They can be both influenced by the economic condition factor in which if the stock crashes, the economic condition could be dramatically be bearish causing others to pull out their assets such as cryptocurrency investment.

What sort of correlation is there between the two (stock market and cryptocurrency market)? IMO, there is hardly any connection, as both are as different as fire and ice. The only vague co-relation I could think about is that in case the stock market is down, then there can be a slight decline in the interest for cryptocurrency. Because people will be left with less money to spend and therefore Bitcoin purchases can also go down.

Polar91

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Quote from: onrise on November 08, 2019, 01:33:12 AM

Quote from: Vishnu.Reang on November 07, 2019, 11:35:25 AM

IMO, the Bitcoin exchange rates may go down if there is a crash in the stock market. People will be left with less money and therefore Bitcoin purchases will go down. The existing users will be forced to sell their coins, in order to cover their expenses. Ordinary people are more likely to shift to less risky assets, such as treasury bonds and gold.

Firstly it will be a shock for people if market crashes as many would lose out a lot of money and definitely those who invest in btc and stocks would have left with less options and might start to sell btc in order for their daily requirements if people are crunch with money . Or they cannot take chance with btc and lose their money here as well so will sell it .

If the stock market crashes like what happened in 2008 then the investors in bitcoin will not suffer losses because the market of bitcoin is not influenced by any negative happenings in the stock market. The price of bitcoin will go up instead if the stock market crashes because the investors there will panic sell their stocks and they will try to recover their losses through cryptocurrency investing.

It's really hard to tell because it really depends on the situation. Crypto and stock market are somehow correlated to each other. They can be both influenced by the economic condition factor in which if the stock crashes, the economic condition could be dramatically be bearish causing others to pull out their assets such as cryptocurrency investment.

Bitcoin Seller

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Quote from: electronicash on November 07, 2019, 12:33:17 PM

bitcoin will sky rocket up to mars. a lot of the non bitcoin believers will cry a river. bitcoin and all other cryptocurrencies may be the first the forex traders will buy, the stablecoins will also take a nosedive when the crash happen so there is no other escape for them but bitcoin.

Quote from: daarul50 on November 07, 2019, 12:10:08 PM

Quote from: Vishnu.Reang on November 07, 2019, 11:35:25 AM

IMO, the Bitcoin exchange rates may go down if there is a crash in the stock market. People will be left with less money and therefore Bitcoin purchases will go down. The existing users will be forced to sell their coins, in order to cover their expenses. Ordinary people are more likely to shift to less risky assets, such as treasury bonds and gold.

aren't we there yet few months ago? when the trade war between china and US happened?

the stocks market fall down so do with bitcoin market nearly reaches its lowest since last year. that is a small picture , if we have to compare it and make a simulation i think the falling of cryptocurrency market is sure inevitable.
gold still become the safe haven as we are still watching the old rich guy living , the next generation will highly considering crypto as their safe haven , just the matter of time.

that is my worst scenario and the crash itself won't recovered in a short time .

that is not the worst, the zimbabwe situation is the worst and it could happen to any country which debts so high. right now most countries already have debts to china.

I am not sure of this rocket fly. The stock market crisis will have a negative effect, and Bitcoin can go down. However, it is useless to guess what would happen "if the pigs fly". We need to adjust to the cryptocurrency changes and be ready to use different scenarios (for instance, become hodlers, or day traders- it will depend on a situation).

BChydro

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Quote from: electronicash on November 07, 2019, 12:33:17 PM

that is not the worst, the zimbabwe situation is the worst and it could happen to any country which debts so high. right now most countries already have debts to china.

The Venezuelan and the Zimbabwe situation are because of inflation and all the countries have debt but it all depends upon the economic structure they follow, countries like Hong Kong and Brunei have very less public debt but what i did not understand is that how you come to a conclusion that most countries have debt to China and if that is the case what all countries.
If the market crashes everything will go down with it, hundreds of opinions and i am not going to add mine.

onrise

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Quote from: Vishnu.Reang on November 07, 2019, 11:35:25 AM

IMO, the Bitcoin exchange rates may go down if there is a crash in the stock market. People will be left with less money and therefore Bitcoin purchases will go down. The existing users will be forced to sell their coins, in order to cover their expenses. Ordinary people are more likely to shift to less risky assets, such as treasury bonds and gold.

Firstly it will be a shock for people if market crashes as many would lose out a lot of money and definitely those who invest in btc and stocks would have left with less options and might start to sell btc in order for their daily requirements if people are crunch with money . Or they cannot take chance with btc and lose their money here as well so will sell it .

Memminger

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Quote from: Lagduf on November 07, 2019, 06:02:14 PM

Quote from: electronicash on November 07, 2019, 12:33:17 PM

bitcoin will sky rocket up to mars. a lot of the non bitcoin believers will cry a river. bitcoin and all other cryptocurrencies may be the first the forex traders will buy, the stablecoins will also take a nosedive when the crash happen so there is no other escape for them but bitcoin.

Quote from: daarul50 on November 07, 2019, 12:10:08 PM

Quote from: Vishnu.Reang on November 07, 2019, 11:35:25 AM

IMO, the Bitcoin exchange rates may go down if there is a crash in the stock market. People will be left with less money and therefore Bitcoin purchases will go down. The existing users will be forced to sell their coins, in order to cover their expenses. Ordinary people are more likely to shift to less risky assets, such as treasury bonds and gold.

aren't we there yet few months ago? when the trade war between china and US happened?

the stocks market fall down so do with bitcoin market nearly reaches its lowest since last year. that is a small picture , if we have to compare it and make a simulation i think the falling of cryptocurrency market is sure inevitable.
gold still become the safe haven as we are still watching the old rich guy living , the next generation will highly considering crypto as their safe haven , just the matter of time.

that is my worst scenario and the crash itself won't recovered in a short time .

that is not the worst, the zimbabwe situation is the worst and it could happen to any country which debts so high. right now most countries already have debts to china.

If such thing really happen people will be in dire need of money therefore they will be selling bitcoin instead. When the stock market crash it means they are losing money and they are not gonna invest to another thing while people who luckily hold bitcoin will be cashing out to cover up their losses. It is always correlate to each other and the outcome of stock market crashing could be unexpected toward bitcoin and im sure that expecting bitcoin to go up at that time is simply too much.
People are sane enough to take break after losing and not just throw money to other investment option just because it is different.

That’s what I think also. People learn from their past mistakes hence when something like unusual price surge happens then they would be more cautious. Although a lot of people had lost their money, many people had been made wiser. Also, I think the chances for it occur again is slim due to the aforementioned reason and in addition is the stronger market volume as we know, as time goes by Bitcoin is growing in popularity and day by day new people are starting to venture in cryptocurrencies.

Mometaskers

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Quote from: cotton ball on November 06, 2019, 10:04:33 PM

Quote from: Mometaskers on November 06, 2019, 08:16:04 PM

Hard to predict how most people would act under such situations but yes, if the price of bitcoin in comparison to fiat does spike due to the crash, then they might take out their money and use that to take advantage of the situation, like use it to buy cheaper real estate.

Nothing too scary IMHO. If BTC price goes down due to all the money flowing out then that's just opportunity for more people to buy. Remember if it rallied during the crash more people are more likely to trust it.

We can't prediction with bitcoin crash again or not the same with 2017, many investor miss with bitcoin price above $15k on 2017 and altcoin have higher price too. Waiting for bitcoin halving season where bitcoin and altcoin price have higher price. Maybe hard to know correct time when bitcoin and altcoin up because this situation not possible with bitcoin up.

Bitcoin and alts tend to not rise at the same time. I focus mostly on btc prices though since I've stopped trading. But judging by the general trend of bitcoin average price going up over years, I'm expecting it would receive a boost on a stock market crash, at least until a "bankrun" start and people exchange it for fiat.

Lagduf

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Quote from: electronicash on November 07, 2019, 12:33:17 PM

bitcoin will sky rocket up to mars. a lot of the non bitcoin believers will cry a river. bitcoin and all other cryptocurrencies may be the first the forex traders will buy, the stablecoins will also take a nosedive when the crash happen so there is no other escape for them but bitcoin.

Quote from: daarul50 on November 07, 2019, 12:10:08 PM

Quote from: Vishnu.Reang on November 07, 2019, 11:35:25 AM

IMO, the Bitcoin exchange rates may go down if there is a crash in the stock market. People will be left with less money and therefore Bitcoin purchases will go down. The existing users will be forced to sell their coins, in order to cover their expenses. Ordinary people are more likely to shift to less risky assets, such as treasury bonds and gold.

aren't we there yet few months ago? when the trade war between china and US happened?

the stocks market fall down so do with bitcoin market nearly reaches its lowest since last year. that is a small picture , if we have to compare it and make a simulation i think the falling of cryptocurrency market is sure inevitable.
gold still become the safe haven as we are still watching the old rich guy living , the next generation will highly considering crypto as their safe haven , just the matter of time.

that is my worst scenario and the crash itself won't recovered in a short time .

that is not the worst, the zimbabwe situation is the worst and it could happen to any country which debts so high. right now most countries already have debts to china.

If such thing really happen people will be in dire need of money therefore they will be selling bitcoin instead. When the stock market crash it means they are losing money and they are not gonna invest to another thing while people who luckily hold bitcoin will be cashing out to cover up their losses. It is always correlate to each other and the outcome of stock market crashing could be unexpected toward bitcoin and im sure that expecting bitcoin to go up at that time is simply too much.
People are sane enough to take break after losing and not just throw money to other investment option just because it is different.

electronicash

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bitcoin will sky rocket up to mars. a lot of the non bitcoin believers will cry a river. bitcoin and all other cryptocurrencies may be the first the forex traders will buy, the stablecoins will also take a nosedive when the crash happen so there is no other escape for them but bitcoin.

Quote from: daarul50 on November 07, 2019, 12:10:08 PM

Quote from: Vishnu.Reang on November 07, 2019, 11:35:25 AM

IMO, the Bitcoin exchange rates may go down if there is a crash in the stock market. People will be left with less money and therefore Bitcoin purchases will go down. The existing users will be forced to sell their coins, in order to cover their expenses. Ordinary people are more likely to shift to less risky assets, such as treasury bonds and gold.

aren't we there yet few months ago? when the trade war between china and US happened?

the stocks market fall down so do with bitcoin market nearly reaches its lowest since last year. that is a small picture , if we have to compare it and make a simulation i think the falling of cryptocurrency market is sure inevitable.
gold still become the safe haven as we are still watching the old rich guy living , the next generation will highly considering crypto as their safe haven , just the matter of time.

that is my worst scenario and the crash itself won't recovered in a short time .

that is not the worst, the zimbabwe situation is the worst and it could happen to any country which debts so high. right now most countries already have debts to china.

daarul50

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Quote from: Vishnu.Reang on November 07, 2019, 11:35:25 AM

IMO, the Bitcoin exchange rates may go down if there is a crash in the stock market. People will be left with less money and therefore Bitcoin purchases will go down. The existing users will be forced to sell their coins, in order to cover their expenses. Ordinary people are more likely to shift to less risky assets, such as treasury bonds and gold.

aren't we there yet few months ago? when the trade war between china and US happened?

the stocks market fall down so do with bitcoin market nearly reaches its lowest since last year. that is a small picture , if we have to compare it and make a simulation i think the falling of cryptocurrency market is sure inevitable.
gold still become the safe haven as we are still watching the old rich guy living , the next generation will highly considering crypto as their safe haven , just the matter of time.

that is my worst scenario and the crash itself won't recovered in a short time .

senne

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That would be interesting to watch.
Economy is expected to go in recession if we go by leading indicators such as yield curve inversion and real estate prices. If that happens, I would like to see how Bitcoin reacts to the market. Till now Bitcoin didn't show much correlation when it comes to changes in global economy. I think Bitcoin can be a safe haven and can provide alternative investment opportunity in case of domestic currency devaluation. This should shoot its price up.

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