Same Bulls in Stock Market and Bitcoin?

michkima

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Quote from: faaty on July 05, 2017, 05:11:47 PM

DJI and all major/minor stock indexes around the world in a bull market since the end of 2016.
Bitcoin and almost all altcoins are in the bull market almost since the same time.

Do you think these are the same whales that are trying to make some money around anywhere?

I am expecting a correction in stock market very soon. Is this correction affect cryptocurrency positive or negative way?

Do you think bitcoin will go in bear market if stock markets go in? Or the whales in stock market will move the monet into the coin market?

Nah, I don't think the world economy affects bitcoins or other cryptocurrencies. (Insert sarcasm here)

Of course it does, the world economy even affects your local drug dealer, why shouldn't the bitcoin and cryptocurrency industry not be affected? Hmm? That's crazy. People will pull out because they want to secure their position and prevent any more decrease in value.

aso118

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Quote from: faaty on July 05, 2017, 05:11:47 PM

DJI and all major/minor stock indexes around the world in a bull market since the end of 2016.
Bitcoin and almost all altcoins are in the bull market almost since the same time.

Do you think these are the same whales that are trying to make some money around anywhere?

I am expecting a correction in stock market very soon. Is this correction affect cryptocurrency positive or negative way?

Do you think bitcoin will go in bear market if stock markets go in? Or the whales in stock market will move the monet into the coin market?

Nope, when stock markets crash, people tend to go for safe assets. This usually means t-bills and gold.
Bitcoin may be called digital gold, but people still consider it as a risky asset.

gentlemand

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No. I doubt there's much overlap in personnel. Most stock traders would wrinkle their noses at the idea of bitcoin.

Ceypto traders are too scared, impatient and skittish to handle stocks. They're glacial in comparison.

azguard

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Quote from: wuvdoll on July 06, 2017, 06:22:13 AM

Quote from: faaty on July 05, 2017, 05:11:47 PM

I am expecting a correction in stock market very soon. Is this correction affect cryptocurrency positive or negative way?

Do you think bitcoin will go in bear market if stock markets go in? Or the whales in stock market will move the monet into the coin market?

Crashes into stock or into commodity market will always have positive impacts on cryptocurrency markets as cryptocurrencies are new alternative investment vehicle for investors. When money inflow is not happening into stock nor currency markets, we can expect cryptocurrencies to get those money flows.

Sometimes market sentiment will differ between stock and bullion markets as these two are reciprocally connected. Same applies to cryptocurrency market too. We cannot predict that all the times cryptocurrency market will go up when stocks find crashes.

They are good alternatives but they can sometimes crash, this is basically what i mean if you put you investment in some alt then you can go crashing. Bitcoin is good alternative cuz its value for the time being more then gold. Some say this is good other that is bad. Any crypto have good markets now and there is every time less changes to lose all you investment. But when stock crashes like mentioned above usually crypto go up but dont need to be the case every time.

wuvdoll

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Quote from: faaty on July 05, 2017, 05:11:47 PM

I am expecting a correction in stock market very soon. Is this correction affect cryptocurrency positive or negative way?

Do you think bitcoin will go in bear market if stock markets go in? Or the whales in stock market will move the monet into the coin market?

Crashes into stock or into commodity market will always have positive impacts on cryptocurrency markets as cryptocurrencies are new alternative investment vehicle for investors. When money inflow is not happening into stock nor currency markets, we can expect cryptocurrencies to get those money flows.

Sometimes market sentiment will differ between stock and bullion markets as these two are reciprocally connected. Same applies to cryptocurrency market too. We cannot predict that all the times cryptocurrency market will go up when stocks find crashes.

Golftech

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Quote from: HeRetiK on July 06, 2017, 02:43:45 AM

I think the alt coins are in a bull market because Bitcoin is. About a correlation between Bitcoin and the stock market I'm not so sure. It hasn't been the case in the recent bull markets, but maybe this is changing with Bitcoin slowly reaching mainstream acceptance.

Thats also what im seeing from this movement coming from the crypto currency just like a domino effect if bitcoin will reach the main stream market for sure alts will go up with it we are all positive that the concept is really just the same so better to expect almost same movements.

HeRetiK

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I think the alt coins are in a bull market because Bitcoin is. About a correlation between Bitcoin and the stock market I'm not so sure. It hasn't been the case in the recent bull markets, but maybe this is changing with Bitcoin slowly reaching mainstream acceptance.

Wind_FURY

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Quote from: faaty on July 05, 2017, 05:11:47 PM

DJI and all major/minor stock indexes around the world in a bull market since the end of 2016.
Bitcoin and almost all altcoins are in the bull market almost since the same time.

Do you think these are the same whales that are trying to make some money around anywhere?

No. The stock market of a country is considered the backbone of its economy. If it is doing well then it shows that the economy is doing well. That also means the people have disposable income that can be used for whatever they want including taking risks in cryptocurrencies.

Quote

I am expecting a correction in stock market very soon. Is this correction affect cryptocurrency positive or negative way?

Maybe also negative. If people become risk averse most of us want to have cash.

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Do you think bitcoin will go in bear market if stock markets go in? Or the whales in stock market will move the monet into the coin market?

All markets including cryptocurrencies could go in the same direction if a really big crisis happens.

Duzter

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Quote from: fabiorem on July 05, 2017, 07:38:37 PM

Unstoppable bull markets for cryptos means death of national fiat currencies. It means there's a ideology behind the reasoning to always invest more and more, and this ideology is about breaking the State, or at least to defy it.

Bitcoin is showing unstoppable growth which is due to the unstoppable spreading happening in the large scale. Other digital currencies haven't got such a spreading and market acceptance. This is the reason why bitcoin is overcoming the stock market, but as the mate said in the above quote this is not gonna make path for the death of national fiat currencies.

aTriz

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Quote from: faaty on July 05, 2017, 05:11:47 PM

DJI and all major/minor stock indexes around the world in a bull market since the end of 2016.
Bitcoin and almost all altcoins are in the bull market almost since the same time.

Do you think these are the same whales that are trying to make some money around anywhere?

I am expecting a correction in stock market very soon. Is this correction affect cryptocurrency positive or negative way?

Do you think bitcoin will go in bear market if stock markets go in? Or the whales in stock market will move the monet into the coin market?

I'd think of the stock market and bitcoin market as two very different things. However when a stock market is booming is usually means that the economy is doing quite well as well, meaning that more people have money to put into bitcoin.

I'd bet on a correction on the stock market pretty soon as well. Though unlike stocks, bitcoin is a currency. It is able to serve as a way to transact through the globe and this won't change hether or not the economy is doing good. So I'd expect if there was a correction to the stock market it will be indepnedent to the bitcoin market.

Quote from: fabiorem on July 05, 2017, 07:38:37 PM

Unstoppable bull markets for cryptos means death of national fiat currencies. It means there's a ideology behind the reasoning to always invest more and more, and this ideology is about breaking the State, or at least to defy it.

Exactly, bitcoin is by far outpacing growth of stock markets(a sometimes good indicator of real inflation). So i'm sure that central bankers are panicking right now.

fabiorem

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Unstoppable bull markets for cryptos means death of national fiat currencies. It means there's a ideology behind the reasoning to always invest more and more, and this ideology is about breaking the State, or at least to defy it.

faaty

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DJI and all major/minor stock indexes around the world in a bull market since the end of 2016.
Bitcoin and almost all altcoins are in the bull market almost since the same time.

Do you think these are the same whales that are trying to make some money around anywhere?

I am expecting a correction in stock market very soon. Is this correction affect cryptocurrency positive or negative way?

Do you think bitcoin will go in bear market if stock markets go in? Or the whales in stock market will move the monet into the coin market?

Topic: Same Bulls in Stock Market and Bitcoin? (Read 675 times)