WILL BITCOIN PROVIDE SOLUTIONS THIS Time?

1Referee

legendary

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Quote from: squog on November 18, 2018, 09:16:43 PM

If there is a market flip, then I'd guess cryto currencies should tighten their security so money launderers don't take advantage of the situation.

I assume you are referring to the services in this industry? Compliant exchanges are annoying their users with all sorts of verification requirements already, so I don't see much that can be improved or added there.

In the end, it doesn't matter how secure of well regulated this industry is, if individuals are out to conduct illegal transactions, launder money, they will be able to do so without any problems. It happens in the regular market (which is heavily over-regulated) and will continue to happen here as well. People need to grow a thicker skin and stop investing in outright scam projects. Regulations aren't the problem nor the solution, people themselves are.

guoyu78

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Quote from: Akoldi_ibk on October 27, 2018, 08:48:21 AM

A shake up in stock market may favour crypto market, but remember people's hard earned money are in stocks and no one would pray for a fall in whatever he/she invest in just to favour another market. Both market can co-exist and compliment each other. Please stop insinuating a collapse of stock just to favour crypto market. This space is wide enough to accommodate everyone.

It has always provided you with solutions but those solutions were covered in blockchain praises. I understand what makes bitcoin so big is the blockchain behind it and the technology that allows us to be who we are right now but that doesn't mean blockchain would have been in our lives without bitcoin neither.

You would have to think how hard it is for a new technology to break into the society and get used by huge companies like bank of america and even some governments all around the world, no one has that type of technology get famous without having something else tied to it. If you really want it to provide you a solution, just think of all the people who need money in third world countries like me that get paid couple bucks an hour and still can live semi decent lives thanks to it.

squog

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I don't knkw if i will look for crypto currency as an alternative to stock market now. I mean even crypto currency is down right now (and it's been doing that for the whole year now). If there is a market flip, then I'd guess cryto currencies should tighten their security so money launderers don't take advantage of the situation.

Maricel2017

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If many people treat like a crisis of what happen in crypto market right now for me its not because trading is not only the way of earning in crypto currency since i am using bitcoin since 2011 the current value still very high. Yes huge huge dump already happen but still value of bitcoin is not that bad.

jseverson

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Quote from: crwth on October 31, 2018, 05:21:54 AM

We could never know if there are people who are trying to flip or manipulate stock markets, but it is definitely on the downtrend whether you like it or not. As I have noticed, the price in the stock market and the price in the cryptocurrency area has some similarities. There are some all-time highs by different stocks in the stock market while also Bitcoin receiving the highest rate, so I don't know if it can be solved in a real theory, but it can be connected. Probably one of the wealthiest people, or a group of people controlling the market? We will never know.

It's true that there's a small correlation between them, but the nosedive in the stock market didn't necessarily reflect on Bitcoin this time. Bitcoin's drop isn't as drastic (could even be small enough to be considered normal movement), and came a few days after. I don't think there's any manipulation as far as their correlation is concerned.

Bitcotalk

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Quote from: arpon11 on October 25, 2018, 04:46:33 AM

Stock-market slump is gathered momentum as panic selling takes hold on Nyse today. From the report online dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength. Investors may become aware of this and there maybe a flipping from stock - market to cryptocurrencies market in days to come. What did you think as bitcoin seems to remain the major viable alternatives.

Bitcoin is a side investment for all this money but do not think that all that trillion of dollar worth of
investment could actually come to bitcoin or crypto in general, just enough to actually have an affect on bitcoin usually leaks out here but thats about it.

People just lost money and the world is on the brink of a huge economic collapse considering there has been couple countries that already had economic crisis and couple that has political issues right around the corner (like brexit) and if you combine all of this together the people who have money do not really focus on bitcoin or crypto that much right now.

There are much more important stuff to focus on in their countries and economic situations. If you want to see bitcoin increase you should wait until when everyone feels like things are going alright because than they are not afraid to put up money in crypto.

crwth

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We could never know if there are people who are trying to flip or manipulate stock markets, but it is definitely on the downtrend whether you like it or not. As I have noticed, the price in the stock market and the price in the cryptocurrency area has some similarities. There are some all-time highs by different stocks in the stock market while also Bitcoin receiving the highest rate, so I don't know if it can be solved in a real theory, but it can be connected. Probably one of the wealthiest people, or a group of people controlling the market? We will never know.

Whosdaddy

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Quote from: arpon11 on October 25, 2018, 04:46:33 AM

Stock-market slump is gathered momentum as panic selling takes hold on Nyse today. From the report online dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength. Investors may become aware of this and there maybe a flipping from stock - market to cryptocurrencies market in days to come. What did you think as bitcoin seems to remain the major viable alternatives.

It is always normal to see panic selling happening when you tend to see a market that has been overbought for a while now and is about having some possible retrace. I am not surprised as I actually saw this coming already.

As it is, I am sure investors may be looking for where they can pretty much start putting their funds now that the stock market is taking a hit from correction, and looking at the fact that the crypto space has actually hit the rock bottom and has corrected for a while now, this might actually be a pretty good place for a target. Just assuming, but let's see how things will turn out with this.

Rhoreder54

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If the USD loess its value, we meay see a price spike in bticoin. And if those stock exchanges lose poinst like that, dollar price will be bound to follow the same path as well. But to be honest, it's not time to press the panic button yet in stock market.

Uliarien032

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This incident does not indicate that we will go through a financial crisis. Bitcoin will still be a strong force and investing in bitcoin won't be a bad decision also.

Wiaseth87

newbie

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Even though stock market is currently going through some rough patches and Dow and NASDAQ are loosing points this does not mean we are gonna see a financial crisis. But it is a possibility so I would advice people to hold their savings in crypto or gold as the price is low.

Taethiel10

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The current stock market is going through some form of ruination. Bitcoin standing atop of all of these problems potrays salience and integrity.

rickadone

legendary

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Quote from: 1Referee on October 25, 2018, 01:04:00 PM

I don't think the stability in Bitcoin's market is a sign of confidence, but more so a sign of complete neutrality. Bulls don't have much to be bullish about, bears have not much left to be bearish about with how strongly supported the base bottom is. In other words, it currently makes perfect sense for the price to remain stable.

As it is right now the stock market might seem to be in an early state of correcting, but the danger here is that right now the general public is expecting it to tank further, and this is usually a bullish signal for smart money to buy the dip. I'm 50/50 on the stock market correction. It wouldn't surprise me if it does end up tanking further, but it doesn't surprise me either if it reaches a new all time high in the next 6 or so months. I'm not going to burn myself on that.

Well, since like you said, the bulls do not have the momentum to get the market up and the bears seems they have been completely tapped out with no more strength to even be able to break the $6k support, should we then say, with the stock market experiencing correction, there could be a possibility to see smart moneys, trying to move into a market that has been oversold. I am just thinking right now though, based on the way most investors usually think in most cases. I actually believe the stock market will most definitely tank further and still has a lot of room to go down, but in the meantime, I would not be surprised if we get to see a push up in the crypto space. All the same, just assuming things Grin

.

exstasie

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Quote from: arpon11 on October 25, 2018, 04:46:33 AM

Stock-market slump is gathered momentum as panic selling takes hold on Nyse today. From the report online dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength.

That's not clear at all. The recent drop in equities from the ATH is still significantly smaller than the drops seen in 2015 and 2016. This could easily be the beginning of a mid-term flat correction. There are no obvious signs (yet) that a 2008 redux is imminent. There are signs that growth is slowing down, but whether that develops into a financial crisis or recession is an open question.

bintangkejoraku

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for some people are very happy with the current conditions because they can buy bitcoin at a very low price, but most people really hate this condition. it depends on where you are.

Akoldi_ibk

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A shake up in stock market may favour crypto market, but remember people's hard earned money are in stocks and no one would pray for a fall in whatever he/she invest in just to favour another market. Both market can co-exist and compliment each other. Please stop insinuating a collapse of stock just to favour crypto market. This space is wide enough to accommodate everyone.

jrrsparkles

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Quote from: arpon11 on October 25, 2018, 04:46:33 AM

Stock-market slump is gathered momentum as panic selling takes hold on Nyse today. From the report online dow has loss more than 500point this day and nasdaq around 310 points. It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength. Investors may become aware of this and there maybe a flipping from stock - market to cryptocurrencies market in days to come. What did you think as bitcoin seems to remain the major viable alternatives.

Still the crypto currencies are not renowned which is enough to be an alternative investment for the stocks so this time of the stock market crisis happened we may not see big changes in the prices but normally whenever the stock market falls the crypto prices also fall because of the fact that people using them as sign of investment.

rickyNmorty

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Quote from: Cajor on October 27, 2018, 01:11:03 AM

Crisis is a part of the economy which can create new opporunities for other potential alternative investments. Stock market crash can be a good news for crypto market. As there will be new potential investors being attracted to crypto.

I agree. The threats can really be an opportunity in which you can grab this to mke things in favor of you. This might not be a good thing at first but if you were amart enough then do things. Also markets are risky, economy is unstable we cannot really say what will going to happen, just continue believing.

jseverson

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Quote from: arpon11 on October 25, 2018, 04:46:33 AM

It is clear that another financial crisis is about to commence and I think bitcoin remains calm is a sign of confidence and strength.

Saying a financial crisis is about to begin just because the stock market plunged isn't much different from saying Bitcoin is dead because prices dropped. They're both jumping the gun with one metric when fucktons more are available for consideration.

Bitcoin truly is a viable option, but the fact that we haven't seen any notable movements yet probably means Bitcoin is pretty low on traditional investors' alternative list. I'm sure those who did diversify their portfolio to include Bitcoin must be pretty satisfied though.

NoeSanchez

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As the stock market and crypto market don't have any direct correlation with eachother it is safe to assume it won't effect it. The crypto market shows signs of neutrality and thus rely on several underlying factors for the change in the market when regarding crypto. Probably with time we'll be able to see what the crypto market can offer the economy at its more mature state in terms of stability and reliablity. Things we can hope for in the future.

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