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-   -   Bitcoin crash to 20 USD? (https://gfy.com/showthread.php?t=1287345)

mce 12-10-2017 01:58 AM

Bitcoin crash to 20 USD?
 
IF BTC were to crash to below $50... what do you think the impact on the US stock market will be? Similar to the DOT COM crash of 2000/2001? Or people wouldn't care because people who invest in BTC are different from typical stock investors?

Adraco 12-10-2017 02:53 AM

The total value of money put into bitcoin is, indeed a large amount, but in comparison to any of the stockexchanges it's very, very small. It would not have a direct effect, other than possibly a few risk adverse people selling some of their positions.

JFK 12-10-2017 06:22 AM

Quote:

Originally Posted by mce (Post 22109451)
IF BTC were to crash to below $50... what do you think the impact on the US stock market will be? Similar to the DOT COM crash of 2000/2001? Or people wouldn't care because people who invest in BTC are different from typical stock investors?

The question is, would you buy ? :2 cents: :thumbsup

~Ray 12-10-2017 08:49 AM

Most professional Traders would advise their clients to invest no more than 10% in risky Investments. So I would think it would not have more than a 10% effect on the stock market.

Ray
hardlinks.org

Kafka 12-10-2017 09:38 AM

Do you think gold can crash below $50?

magneto664 12-10-2017 09:59 AM

Quote:

Originally Posted by Kafka (Post 22109814)
Do you think gold can crash below $50?

yes it's possible, but then you will pay 20 dollars for a new computer and 7 usd for new iphone.
Idiots, I kindly remind you that: gold, silver or copper and other metals are used in industry - that's why they cost as much as they cost. even fucking rice or onions have a market price because they are used. How many grams of bitcoin is in the new processor? Do you understand anything?

freecartoonporn 12-10-2017 10:29 AM

i would still buy.


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