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Topic: Stock Markets are tanking and its affect on Bitcoin (Read 1049 times)

legendary
Activity: 2184
Merit: 1213
Not immediately though, the process will take sometime as the "legal" air is still not clear.

What ya mean?
legendary
Activity: 1064
Merit: 1001
I never understood stock market and never tried to, more than a few weeks. I find Wall Street and stock markets producing nothing so I'm not into it. However, I can see lot's of people loosing money out of it, which is sad.

Regarding housing, I do think GLOBAL prices will go down. Starting with US/Canada and Asia.
hero member
Activity: 531
Merit: 501
Breaking news today all over tv is the stock market bubble bursting:
http://money.cnn.com/2014/02/03/investing/stocks-markets/index.html

On top of that i personally think we will see housing crashes in some markets that have never corrected (e.g Australia and many Asian markets)

With investment options running out for investors, i strongly believe we will see an influx of loaded investors, traders and funds into Bitcoin. Not immediately though, the process will take sometime as the "legal" air is still not clear.

Fingers crossed the London housing market plunges through the floor  Smiley

I could be mistaken, but didn't the UK housing market correct massively in 2008 ?

The UK market is mixed. Some places have seen big corrections but London and the surrounding south east area is mental considering wages have gone down in real terms over the last few years.

Take a look at this beauty. If you land your dream job as big shot city lawyer earning £80,000 per year you could just about afford a 3x salary mortgage  Cheesy

http://www.rightmove.co.uk/property-for-sale/property-41981755.html
legendary
Activity: 2590
Merit: 3015
Welt Am Draht
Nothing like the US or Ireland. It never fully tanked but there were falls and lulls.
sr. member
Activity: 308
Merit: 251
Giga
Breaking news today all over tv is the stock market bubble bursting:
http://money.cnn.com/2014/02/03/investing/stocks-markets/index.html

On top of that i personally think we will see housing crashes in some markets that have never corrected (e.g Australia and many Asian markets)

With investment options running out for investors, i strongly believe we will see an influx of loaded investors, traders and funds into Bitcoin. Not immediately though, the process will take sometime as the "legal" air is still not clear.

Fingers crossed the London housing market plunges through the floor  Smiley

I could be mistaken, but didn't the UK housing market correct massively in 2008 ?
hero member
Activity: 531
Merit: 501
Breaking news today all over tv is the stock market bubble bursting:
http://money.cnn.com/2014/02/03/investing/stocks-markets/index.html

On top of that i personally think we will see housing crashes in some markets that have never corrected (e.g Australia and many Asian markets)

With investment options running out for investors, i strongly believe we will see an influx of loaded investors, traders and funds into Bitcoin. Not immediately though, the process will take sometime as the "legal" air is still not clear.

Fingers crossed the London housing market plunges through the floor  Smiley
sr. member
Activity: 308
Merit: 251
Giga
Breaking news today all over tv is the stock market bubble bursting:
http://money.cnn.com/2014/02/03/investing/stocks-markets/index.html

On top of that i personally think we will see housing crashes in some markets that have never corrected (e.g Australia and many Asian markets)

With investment options running out for investors, i strongly believe we will see an influx of loaded investors, traders and funds into Bitcoin. Not immediately though, the process will take sometime as the "legal" air is still not clear.
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