Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 18172.

Torque

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Quote from: TERA on November 05, 2016, 01:29:12 PM

Ok then there is not a very strong relationship between the stock market and Bitcoin. However, if the world goes into turmoil it is certainly not going to help Bitcoin. It is going to crash with everything else.

Certainly could. But look at Gold... it went down along with equities at first in 2008.... then bounced and proceeded to go on the biggest bull run it had seen in decades, all while the stock market continued to flounder.

Could Bitcoin do the same?

TERA

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Ok then there is not a very strong relationship between the stock market and Bitcoin. However, if the world goes into turmoil it is certainly not going to help Bitcoin. It is going to crash with everything else. Also there was more fear of a fed collapse in 2014 than there is now.

Chef Ramsay

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Quote from: TERA on November 05, 2016, 01:12:09 PM

Bitcoin is still not large and mature enough yet to be a safe haven. It's still a high tech science experiment mostly supported by the permissiveness of banks and governments. It is going to follow the markets - not go against them.

The S&P has been sliding for 3 months while bitcoin has been rallying. This finite asset class has plenty of room to grow while most others are based on fiat debt and counterfeiting aka money printing by central banks. Current markets would've been dead long ago were it not for the Fed printing money and sending it to wall street so they can buy back and inflate their share prices. It sure ain't mom and pop buying this garbage.

Torque

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Quote from: ImI on November 05, 2016, 12:43:21 PM

Quote from: Torque on November 05, 2016, 12:39:22 PM

Quote from: ImI on November 05, 2016, 12:30:41 PM

To believe in hidden puppet masters that control all politicians is nothing else than some modern and hateful version of religion as there is zero evidence

One word: Rothschilds

One word: bullshit

Neither theory can be proven beyond reasonable doubt, nor can it be controlled, so it hardly matters.

But just calling "bullshit" on everything is just sticking one's head-in-the-sand, which is *exactly* what's wrong with society today, and why Average Joes will continually get screwed over until their eyes are truly opened.

The Controlling Power Elite will always, always, privatize successes and socialize losses. This is a fact, and is why the rich get richer and the poor get poorer.

TERA

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Bitcoin is still not large and mature enough yet to be a safe haven. It's still a high tech science experiment mostly supported by the permissiveness of banks and governments. It is going to follow the markets - not go against them.

Chef Ramsay

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Quote from: TERA on November 05, 2016, 12:53:52 PM

I would think Trump would be potentially negative for Bitcoin. Bitcoin might not be supported by a republican government. Trump might even ban in because it would interfere with his garnishing transfers to Mexico.

Trump winning would allow the globalist scum to crater the international markets and blame him and the alt-right for it. Either way, safe havens will be needed for the market makers to flee to, so we should see continued growth on into the future. Global markets have no where else to turn but down.

TERA

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I would think Trump would be potentially negative for Bitcoin. Bitcoin might not be supported by a republican government. Trump might even ban in because it would interfere with his garnishing transfers to Mexico.

JimboToronto

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You're never too old to think young.

Quote from: TERA on November 05, 2016, 12:41:08 PM

I'm going to laugh when nothing happens to the price after the election.

The price seems poised to go up anyway. I'll get my laughs when some people try to attribute the rise to the US election, whoever wins.

toknormal

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I can only say I agree with ImI on price predictions and disagree on puppetry.

Chef Ramsay

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Quote from: DaRude on November 05, 2016, 12:35:06 PM

Quote from: ImI on November 05, 2016, 12:17:42 PM

Quote from: AlexGR on November 05, 2016, 12:07:45 PM

The US elections should be pretty irrelevant to what BTC does: The policies are typically unaffected by the puppets elected, no matter what they've promised.

Please spare us your religious views.

BTC is just another investment and will act like the rest of the market. When Hillary wins BTC might actually go down a tiny bit as the remote chance of Trump winning is finally removed. And if Trump wins all hell breaks loose Grin

EDIT: In very short time, when Hillary wins trump will most likely challenge the outcome, and Russia and other countries will jump on the opportunity to f*ck things up (i.e. go into Syria hard core)

All the battleground states are tied up and trending toward Trump as are states like MI and PA that haven't voted republican in decades. Market indicators (3 month decline in S&P preceding the election) gives Trump an 86% of winning. Check out the Drudge Report for further info.

ImI

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Quote from: TERA on November 05, 2016, 12:41:08 PM

I'm going to laugh when nothing happens to the price after the election.

Possible. But unlikely. Wink

ImI

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Quote from: Torque on November 05, 2016, 12:39:22 PM

Quote from: ImI on November 05, 2016, 12:30:41 PM

To believe in hidden puppet masters that control all politicians is nothing else than some modern and hateful version of religion as there is zero evidence

One word: Rothschilds

One word: bullshit

JimboToronto

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Activity: 4200

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You're never too old to think young.

Quote from: ImI on November 05, 2016, 12:30:41 PM

this shit doesnt belong here.

This thread has always been a bit off-topic.

If politics is allowed, I guess sports and religion should be too.

What effect do you think the Cubs' WS victory will have on Bitcoin?

Or had? Maybe that was the real reason for Thursday's dip.

TERA

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I'm going to laugh when nothing happens to the price after the election.

Torque

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Quote from: ImI on November 05, 2016, 12:30:41 PM

To believe in hidden puppet masters that control all politicians is nothing else than some modern and hateful version of religion as there is zero evidence

One word: Rothschilds

toknormal

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Quote from: ImI on November 05, 2016, 12:30:41 PM

To believe in hidden puppet masters that control all politicians is nothing else than some modern and hateful version of religion as there is zero evidence

May I ask what planet you've been living on for the last few years out of interest ?

"Zero evidence" planet sounds pretty attractive. I'll have to look that up Wink

In the meantime I must be stuck with the same "religious" delusions as AlexGR. Maybe if I close my eyes and ears.... Embarrassed

Torque

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Quote from: TERA on November 05, 2016, 12:33:09 PM

I keep hearing about the election effecting the price of Bitcoin but not which politician will effect the price in which direction

Doesn't matter, whoever wins will be blamed (or conversely given credit) for a big Bitcoin price move, corresponding with a coming World market crash sometime in 2017/2018 (take your pick: equity crash, oil crash, real estate crash, all of the above, etc., etc.) The big market makers just need a plausible story, something to pin it to.

We also won't know if Bitcoin behaves like a safe haven (like Gold) vs. an equity/commodity until a World market crash actually happens.

DaRude

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In order to dump coins one must have coins

Quote from: ImI on November 05, 2016, 12:17:42 PM

Quote from: AlexGR on November 05, 2016, 12:07:45 PM

The US elections should be pretty irrelevant to what BTC does: The policies are typically unaffected by the puppets elected, no matter what they've promised.

Please spare us your religious views.

BTC is just another investment and will act like the rest of the market. When Hillary wins BTC might actually go down a tiny bit as the remote chance of Trump winning is finally removed. And if Trump wins all hell breaks loose Grin

EDIT: In very short time, when Hillary wins trump will most likely challenge the outcome, and Russia and other countries will jump on the opportunity to f*ck things up (i.e. go into Syria hard core)

TERA

hero member

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I keep hearing about the election effecting the price of Bitcoin but not which politician will effect the price in which direction

ImI

legendary

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Quote from: mixan on November 05, 2016, 12:24:58 PM

Quote from: ImI on November 05, 2016, 12:17:42 PM

Quote from: AlexGR on November 05, 2016, 12:07:45 PM

The US elections should be pretty irrelevant to what BTC does: The policies are typically unaffected by the puppets elected, no matter what they've promised.

Please spare us your religious views.

Religion has no say in bitcoin (even if you are masking it with humor Undecided

To believe in hidden puppet masters that control all politicians is nothing else than some modern and hateful version of religion as there is zero evidence and all those believers have to offer is that you just have to believe it so see it.

But like i said this shit doesnt belong here.

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