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Old 12-10-2017, 01:58 AM   #1
mce
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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?
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Old 12-10-2017, 02:53 AM   #2
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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.
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Old 12-10-2017, 06:22 AM   #3
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Originally Posted by mce View Post
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 ?
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Old 12-10-2017, 08:49 AM   #4
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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.

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Old 12-10-2017, 09:38 AM   #5
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Do you think gold can crash below $50?
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Old 12-10-2017, 09:59 AM   #6
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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?
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Old 12-10-2017, 10:29 AM   #7
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i would still buy.
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