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Topic: WILL BITCOIN PROVIDE SOLUTIONS THIS Time? - page 2. (Read 427 times)

jr. member
Activity: 308
Merit: 4
MenaPay - Crypto made easier than cash
October 27, 2018, 06:49:21 AM
#15
This might be a sign of the next big wave for cryptocurrency. There is a possibility that those whales form stock market is now selling their holdings from stock market to be converted to bitcoin. The questions are, will they conquer crypto market for price pump manipulation or for a change and make a concert for massive adoption? This might look interesting but will also pretty alarming.
sr. member
Activity: 896
Merit: 253
October 27, 2018, 06:09:44 AM
#14
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 not up to Bitcoin to find some solutions, it is up to us to do that and find our ways do fix anything about it. In the future Bitcoin will be used in any way that we do.
newbie
Activity: 28
Merit: 0
October 27, 2018, 03:51:36 AM
#13
I don't think the stability in bitcoin's market is a sign of confidence,but more so a sign of complete neutrality. An full scale economic crises will see investors looking for alternatives to invest in. This could take long before it can get started with I guess.
newbie
Activity: 28
Merit: 0
October 27, 2018, 02:49:58 AM
#12
Stockmarket is centralised system while the crypto market is a decentralised one. So, it is inlikely that the fall in stock market will affect the crypto market in any sesnse. However, the panic may cause a disturbance in the crypto market. But, the crypto market is dow, and so, the disturbance will not be that much high.
hero member
Activity: 815
Merit: 502
October 27, 2018, 01:36:38 AM
#11
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.


To echo what was once supposed to be a bad joke: "Big slides in market valuation don't necessarily mean another financial crisis is imminent. It simply means we have significantly more sellers than buyers!"

On a more serious note, the latest crash may have been triggered by poor earnings reports by banks with trillions of dollars worth in outstanding derivatives. Banks may be considered pillars of the global economy. When concerns of instability or insolvency are manifested a sell off spurred on by kneejerk reactionaryism can occur. I think such represents the motive behind that 500 point losing trend(which appears to have reversed itself the following day btw).

I think as long as banks maintain liquidity and appear to have a credible plan for the forseeable future we can avoid a crash. But if the day arrives that banks look like they're in trouble, I think everyone knows banks woud drag markets and the global economy down with them and it would be bad. Perhaps worse than 2008, in that nations would have a more difficult time bailing them out or attempting to print their way out of liabilities.

Many appear to be avoiding bitcoin as they have no idea what to do with it if they owned any. I think bitcoin needs a famous youtuber or someone who bought a lot of bitcoin when it was cheap and profited massively from HODL to go public and share their success story. That appears to be what bitcoin is lacking. End user content distributed en masse which helps to bring bitcoin into the public consciousness where it can thrive.
The more time passes, the more i think that bitcoin is no longer valued as a currency , but just as a store of value like gold. People want to have it only to hold it and not to use it.
Many people just think about the fiat value of bitcoin and because the truth is bitcoin is still not accepted as a payment option in many places and areas.
newbie
Activity: 26
Merit: 0
October 27, 2018, 01:11:03 AM
#10
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.
full member
Activity: 504
Merit: 100
October 26, 2018, 07:16:19 PM
#9
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.
of course it might happen in the future, investors could leave the stock and move to the cryptocurrency to participate in the investment, and yes I also think that way, bitcoin and other crypto still deserve to be the main alternative.
full member
Activity: 447
Merit: 108
October 26, 2018, 05:00:56 PM
#8
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.
Well, that may actually happen in time come but my major concerned is about the investor as to whether they still believe in crypto currency.  I see this period of time as the best time for people to invest in Bitcoin and crypto currency in general but what usually happen is that people are more interested in investing their money during price increase which I don't believe is rational at such point.
sr. member
Activity: 644
Merit: 263
October 25, 2018, 11:56:28 PM
#7
We can not definitely call it as viable alternative for the investment because there are lot more things to come up front. For example, investors interest towards it is dropping due to its down fall of 2018 and most of them even left the bitcoin whenever they gotten the chance. Look around you, we are standing nearly to the end of 2018 and there is no as such good news in the market yet, neither major advancement of the bitcoin network itself. All things are like paused at one place and no momentum is being created for the investments. I guess this could take long before it can get started with.
legendary
Activity: 2562
Merit: 1441
October 25, 2018, 11:08:12 PM
#6
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.


To echo what was once supposed to be a bad joke: "Big slides in market valuation don't necessarily mean another financial crisis is imminent. It simply means we have significantly more sellers than buyers!"

On a more serious note, the latest crash may have been triggered by poor earnings reports by banks with trillions of dollars worth in outstanding derivatives. Banks may be considered pillars of the global economy. When concerns of instability or insolvency are manifested a sell off spurred on by kneejerk reactionaryism can occur. I think such represents the motive behind that 500 point losing trend(which appears to have reversed itself the following day btw).

I think as long as banks maintain liquidity and appear to have a credible plan for the forseeable future we can avoid a crash. But if the day arrives that banks look like they're in trouble, I think everyone knows banks woud drag markets and the global economy down with them and it would be bad. Perhaps worse than 2008, in that nations would have a more difficult time bailing them out or attempting to print their way out of liabilities.

Many appear to be avoiding bitcoin as they have no idea what to do with it if they owned any. I think bitcoin needs a famous youtuber or someone who bought a lot of bitcoin when it was cheap and profited massively from HODL to go public and share their success story. That appears to be what bitcoin is lacking. End user content distributed en masse which helps to bring bitcoin into the public consciousness where it can thrive.
jr. member
Activity: 112
Merit: 2
October 25, 2018, 05:13:21 PM
#5
An full scale economic crises will see investors looking for alternatives to invest in. Whether the crypto market will be an option still leaves a lot to be desired considering the fact that the scarcely regulated.
hero member
Activity: 1680
Merit: 655
October 25, 2018, 01:30:01 PM
#4
Let us just remember that the cryptocurrency market is the one who have stumbled first from the other Markets in the world. We are currently down -67% from our all time high compared to NASDAQ's and DOW's YTD which is +6.08% and +1.04% respectively. Even if their market is falling down now we are the ones who already reached our bottom and thinking that investors will jump ship in order to place their money in our market, think again as this investors won't enter a market where they don't know the bear market will end.
legendary
Activity: 2170
Merit: 1427
October 25, 2018, 01:04:00 PM
#3
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.

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.

legendary
Activity: 3542
Merit: 1352
Cashback 15%
October 25, 2018, 05:42:32 AM
#2
The Dow and NASDAQ losing those points doesn't necessarily mean that a financial crisis is about to ensue as we're still up in the game ever since Trump's administration started. While the signs aren't hinting towards an immediate materialization of the financial crisis, it doesn't mean that we're not going to see it on our own eyes. Personally, I'd like to stash my savings in crypto and gold as early as possible, while the prices are low and while the market is stagnant. People will look for alternatives while the stock and derivatives market are crumbling, and crypto would be their best bet.
sr. member
Activity: 882
Merit: 282
October 25, 2018, 04:46:33 AM
#1
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.
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