Looks like news of the China real estate defaults are starting to affect corn prices negatively?
This is a fascinating dynamic to me. The Chinese real estate meltdown stands to be the gasoline on the fire that has been burning since the similar situation 13 years ago (that Satoshi mentions in the genesis block).
And that will have possibly profound effects on ALL markets.
But, as we are aware bitcoin has a particular property that makes it a VERY attractive haven in the midst of a storm like the one I think we are watching unfold.
So, I think as this gets worse all markets drop as money is moved to risk off investments. Bitcoin is still crazy speculative, and poised to be the most pristine risk-off asset in the world.
As much as I would like to see Bitcoin;s famous volatility fade a little? I do not think we have seen the end of it yet. But it should be interesting to watch.
Risk off as in deflation of ridiculous 100X leverage? Yes. (the price will move down or be flat in the short term as it finds a new bottom)
Risk off as in hedge funds NOT acquiring the underlying bitcoin asset on the DL? No.
As traditional overinflated equity markets drawback, all that money will be looking for safe hedge assets to run to. Because cash is still trash, and they know it.
Let's see what happens in the New Year.
... doesn't it?? 
