It is clear that the global market movement is so big that the crypto one is ridiculous.
However, even if the bitcoin has been dragged down, it may be that this shock is positive and leads investors to head for the crypto. Let's see.
Topic: Stocks Just Suffered Their Worst Loss in Months - page 4. (Read 832 times)
This incident is not a good sign for the stock market. But let's be honest, if it helps crypto market why shouldn't we be happy about that?
A trade war of any magnitude between USA-China will just simply shatter any market and leave a lot of people with nothing. Thus the investment will hit rock bottom, and although I think a trade war directly doen't influence the crypto market, it will affect this way.
This kind of decline may happen sometime in the stock market. If it keeps declining may be it will be a good news for cryptocurrencies.
These could indirectly benefit the cryptocurrency market. As the fall of shares might improve the investmets in cryptocurrency.
Not just U.S. stocks either, there have been crashes internationally across the board with pretty much every global share index having falls in one way or another.
I was actually quite intrigued at the fact that bitcoin also fell because I always thought that bitcoin would be relatively unaffected or even be inversely affected by a stock market crash like this. Perhaps it was emotions playing with traders who both owned bitcoin and stocks, leading to them panic dumping. Who knows. It wasn't that big of a dump anyhow.
Anyways, we'll see whether this turns into real bear market within stocks, or was just a short term correction. But these tech stocks from what I've heard are overbought as hell.
I was actually quite intrigued at the fact that bitcoin also fell because I always thought that bitcoin would be relatively unaffected or even be inversely affected by a stock market crash like this. Perhaps it was emotions playing with traders who both owned bitcoin and stocks, leading to them panic dumping. Who knows. It wasn't that big of a dump anyhow.
Anyways, we'll see whether this turns into real bear market within stocks, or was just a short term correction. But these tech stocks from what I've heard are overbought as hell.
I see that the fall of BTC was irrational and most likely was caused by manipulation and possibly was something like " longs squeeze" .
In my personal opinion , stocks are very very overbought, I mean 1 trillion company- Amazon, this is just pure bubble and will burst some time.
Also Trump has power , he can temporarily calm down stock markets with his speeches.
In my personal opinion , stocks are very very overbought, I mean 1 trillion company- Amazon, this is just pure bubble and will burst some time.
Also Trump has power , he can temporarily calm down stock markets with his speeches.
https://i.imgur.com/rKZX1vf.png
The picture above shows the Buffet Indicator. It is simply the ratio of publicly-traded U.S. stocks to U.S. GDP.
https://www.investopedia.com/news/buffett-indicator-spells-bad-news-stock-investors/
Mike Maloney did explain it in this video which is quite concerning.
https://www.youtube.com/watch?v=jB6iAWQPa2k
The picture above shows the Buffet Indicator. It is simply the ratio of publicly-traded U.S. stocks to U.S. GDP.
https://www.investopedia.com/news/buffett-indicator-spells-bad-news-stock-investors/
Mike Maloney did explain it in this video which is quite concerning.
https://www.youtube.com/watch?v=jB6iAWQPa2k
This was a terrible blow to many stock holders yesterday and this ripple effect also came into the crypto markets as well as we saw Bitcoin and Eth prices plunge again, taking away all the Bullish sentiment we had been building up over the last few weeks. I think we are moving into a very dangerous economical situation and also the prolonged bear run in crypto has also had its effect on many of us. Many people this year in stocks and crypto have lost a lot of money, while others have become rich from shorting everything.
Some say it was like domino effect, but i am sure it is correlated.
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I think we are moving into a very dangerous economical situation and also the prolonged bear run in crypto has also had its effect on many of us. Many people this year in stocks and crypto have lost a lot of money, while others have become rich from shorting everything.
Trade responsibly, Mkay
I'm not accusing you but I saw another thread that is the same as your post here is the link https://bitcointalksearch.org/topic/stocks-just-suffered-their-worst-loss-in-months-5049048
Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?
Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?
I guess it was one of my fan - my blog is here - https://medium.com/hyperquant
. I reported that newbie for copy pasting your blog. I think that newbie will be banned in the next days.Dont be so harsh, he just shared it
Stocks were way overvalued. It is no secret on WS. As far as what Trump thinks... What difference does that make? He is an idiot who knows nothing about economics whatsoever. You might as well as your family pet.
This was a terrible blow to many stock holders yesterday and this ripple effect also came into the crypto markets as well as we saw Bitcoin and Eth prices plunge again, taking away all the Bullish sentiment we had been building up over the last few weeks. I think we are moving into a very dangerous economical situation and also the prolonged bear run in crypto has also had its effect on many of us. Many people this year in stocks and crypto have lost a lot of money, while others have become rich from shorting everything.
I'm not accusing you but I saw another thread that is the same as your post here is the link https://bitcointalksearch.org/topic/stocks-just-suffered-their-worst-loss-in-months-5049048
Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?
Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?
I guess it was one of my fan - my blog is here - https://medium.com/hyperquant
. I reported that newbie for copy pasting your blog. I think that newbie will be banned in the next days. I'm not accusing you but I saw another thread that is the same as your post here is the link https://bitcointalksearch.org/topic/stocks-just-suffered-their-worst-loss-in-months-5049048
Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?
Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?
AND this is the original one - https://medium.com/hyperquant/stocks-just-suffered-their-worst-loss-in-months-aa3fe5cf0b3f
I'm not accusing you but I saw another thread that is the same as your post here is the link https://bitcointalksearch.org/topic/stocks-just-suffered-their-worst-loss-in-months-5049048
Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?
Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?
I guess it was one of my fan - my blog is here - https://medium.com/hyperquant
I'm not accusing you but I saw another thread that is the same as your post here is the link https://bitcointalksearch.org/topic/stocks-just-suffered-their-worst-loss-in-months-5049048
Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?
Unfortunately, his post was earlier by 4 minutes. What is the meaning of that?
This is a very good news. I think that the US stock market may continue to decline in the future, which is very beneficial to the development of cryptocurrency.
The stock market is full of hype and bubbles.It's normal to have some form of price correction.
Trump isn't guilty for everything.I feel that some liberals are going to blame Trump for the Holocaust or the hurricane "Michael".
The correlation between stocks and crypto is very questionable.I think that the panic sellers are selling both their stocks and their crypto.
Trump isn't guilty for everything.I feel that some liberals are going to blame Trump for the Holocaust or the hurricane "Michael".
The correlation between stocks and crypto is very questionable.I think that the panic sellers are selling both their stocks and their crypto.
Whenever you tell people that bitcoin has dropped 14 000$ they immediately grab a 5-year graph and ask "what drop ?"
Playing the devil's advocate right now...
What drop?
Also...
There was no 20% drop, it went down in MC terms (which are a bit useless) from 216 billions to 197 which is nowhere near 20%.
Besides, the most important thing, as you can see from the picture you posted, bitcoin only dropped 5-6% unlike the rest of the shitcoins.
Playing the devil's advocate right now...
What drop?
Also...
Quote
No news.. no FUD... but the entire market just literally goes down 10–20% for what seems no reason.. why does this happen? — many people around the internet keep asking this interesting question.
Bitcoin, Ethereum and other major cryptocurrencies have experienced a sudden drop in price, knocking billions of dollars off their value in the space of just a few minutes.
Bitcoin, Ethereum and other major cryptocurrencies have experienced a sudden drop in price, knocking billions of dollars off their value in the space of just a few minutes.
There was no 20% drop, it went down in MC terms (which are a bit useless) from 216 billions to 197 which is nowhere near 20%.
Besides, the most important thing, as you can see from the picture you posted, bitcoin only dropped 5-6% unlike the rest of the shitcoins.
If I change it to "from 5%" will it make you happy?
Whenever you tell people that bitcoin has dropped 14 000$ they immediately grab a 5-year graph and ask "what drop ?"
Playing the devil's advocate right now...
What drop?
Also...
There was no 20% drop, it went down in MC terms (which are a bit useless) from 216 billions to 197 which is nowhere near 20%.
Besides, the most important thing, as you can see from the picture you posted, bitcoin only dropped 5-6% unlike the rest of the shitcoins.
Playing the devil's advocate right now...
What drop?
Also...
Quote
No news.. no FUD... but the entire market just literally goes down 10–20% for what seems no reason.. why does this happen? — many people around the internet keep asking this interesting question.
Bitcoin, Ethereum and other major cryptocurrencies have experienced a sudden drop in price, knocking billions of dollars off their value in the space of just a few minutes.
Bitcoin, Ethereum and other major cryptocurrencies have experienced a sudden drop in price, knocking billions of dollars off their value in the space of just a few minutes.
There was no 20% drop, it went down in MC terms (which are a bit useless) from 216 billions to 197 which is nowhere near 20%.
Besides, the most important thing, as you can see from the picture you posted, bitcoin only dropped 5-6% unlike the rest of the shitcoins.
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