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Topic: This time when the stock market crashes, Bitcoin will go to moon! - page 5. (Read 767 times)

hero member
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I have noticed the drop in stocks lately and it also dropped bitcoin but it isn't too long that bitcoin has recovered afterward.

And many speculators did believe before that bitcoin and stocks are correlated but we're already seeing that it's not this time. No doubt that bitcoin is on its road to mooning and it's not that long.
hero member
Activity: 2926
Merit: 722
DGbet.fun - Crypto Sportsbook
We all saw it in March everything crashed stocks, bitcoin gold, everything. Some fools think that if the stock market dumps again that Bitcoin will go with it. They are wrong. 2 days ago when Bitcoin broke above $12k, somebody bought 17k BTC off coinbase and moved them into their own wallet. It wasn't Grayscale and it wasn't Microstrategy, it was a different whale. And when bitcoin came back down under $12k yesterday, someone bough another 3k BTC and moved them off the exchange.

The supply accross exchanges found on public wallet trackers is 1,787,873 BTC. At this rate the supply on exchanges will continue to drop and the halvening magic will do the trick it does every 4 years.

This time people will sell their stocks and transfer money to bitcoin exchanges. Stock go down. Bitcoin goes up
Being optimistic isnt bad but dont really hope that much because we wouldnt know on what actually is happening beyond those events.If you do saw that huge number of coins
moved them off the exchange then you wouldnt know on whats next neither those are solely hold for long term or just a typical short time buy and sell.

People cant really avoid on making up speculations from time to time and when they do saw traditional markets is declining then primary thing that will come out into their
minds that funds might be flowing next into crypto market which is plausible but not an assurance.

Traditional investors would really be always keen on putting up money into something which isnt regulated and a very volatile one.
legendary
Activity: 1806
Merit: 1521
We all saw it in March everything crashed stocks, bitcoin gold, everything. Some fools think that if the stock market dumps again that Bitcoin will go with it. They are wrong. 2 days ago when Bitcoin broke above $12k, somebody bought 17k BTC off coinbase and moved them into their own wallet. It wasn't Grayscale and it wasn't Microstrategy, it was a different whale. And when bitcoin came back down under $12k yesterday, someone bough another 3k BTC and moved them off the exchange.

The supply accross exchanges found on public wallet trackers is 1,787,873 BTC. At this rate the supply on exchanges will continue to drop and the halvening magic will do the trick it does every 4 years.

This time people will sell their stocks and transfer money to bitcoin exchanges. Stock go down. Bitcoin goes up

Ah, the old "it'll be different this time." Tongue

It was only this past March when stocks and BTC crashed together. Ever since, they've been pumping together. What has changed since then?

I don't expect stocks to dump and BTC to pump. I think they're both back in bull markets.
hero member
Activity: 2716
Merit: 552
Well, that sounds reasonable considering how Bitcoin's price wasnt affected by the current pandemic. A lot of investors might switch to cryptocurrency than staying in a crashing market, but that's not automatic since there were also investors who's taking advantage on the stock market crash buying at a very low price and harvest their profit once the economy recovers.
However, regardless of what the stocks and gold's market situation, Bitcoin has always the potential in rising up to the moon.
sr. member
Activity: 2030
Merit: 323
You can't guarantee what the people with stocks might do, they may stay with stocks and buy even cheaper because lets face it if you trust your investment and the company you invested will get better and recover that means a fall is actually a great thing so that you could possibly buy stocks cheaper and let the company churn up profits after profits.

However if you think that crypto will go up during the next crash, that is also totally up to bitcoin people as well and nothing else. If people realize that they could just not sell for a while and when things recover we will go super high instead of just recover to what we were, that would mean everybody will profit a ton. However for some reason people do not think of it that way. So, let's see what will happen but I am not hopeful.
hero member
Activity: 2282
Merit: 560
_""""Duelbits""""_
When the stock market crashes, it switches to bitcoin because a significant increase makes investors willing to move it and leave the stock market that is down, maybe because the trend we can follow is therefore I believe bitcoin will go in the direction that is not necessarily much expected everyone regardless of the bulls until recently, the price continued to hold in the 11.7k-12k range indicating bitcoin will be more desirable.
legendary
Activity: 2464
Merit: 1039
Bitcoin Trader
I was talking about if stocks crash again. looks like stocks are starting to dump today.

But yes, regardless if stocks go up or down. Bitcoin only has one direction to travel to the moon
during the pandemic, almost all stocks fell drastically there were even some large companies closing most of their companies, but in contrast to the price of gold and bitcoin skyrocketing slowly, we realize that bitcoin is not the same as stocks but can be called a digital asset, maybe many people are selling their stock and buy it bitcoin or gold., I believe also bitcoin is heading in one direction which is the moon
jr. member
Activity: 50
Merit: 14
I was talking about if stocks crash again. looks like stocks are starting to dump today.

But yes, regardless if stocks go up or down. Bitcoin only has one direction to travel to the moon
legendary
Activity: 2940
Merit: 1083
There's a reason why stocks started to crashes a few months ago and it's reasonable. And besides, that crash won't surely last for long. Some stocks are even slowly rising up now after a few months of being in a bottom. And with several countries rushing the clinical test for the Covid-19 vaccine phase, it gained hopes that the economy will surely back again on its usual within the timeframe of 1-2 years. Stocks won't die. The foundation is strong.

Bitcoin will go to your moon price expectation even stocks won't crash. No matter the economic situation, good or worst, just always try to increase your hold BTC holdings as much as possible.
jr. member
Activity: 50
Merit: 14
We all saw it in March everything crashed stocks, bitcoin gold, everything. Some fools think that if the stock market dumps again that Bitcoin will go with it. They are wrong. 2 days ago when Bitcoin broke above $12k, somebody bought 17k BTC off coinbase and moved them into their own wallet. It wasn't Grayscale and it wasn't Microstrategy, it was a different whale. And when bitcoin came back down under $12k yesterday, someone bough another 3k BTC and moved them off the exchange.

The supply accross exchanges found on public wallet trackers is 1,787,873 BTC. At this rate the supply on exchanges will continue to drop and the halvening magic will do the trick it does every 4 years.

This time people will sell their stocks and transfer money to bitcoin exchanges. Stock go down. Bitcoin goes up
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