Post
Topic
Board Economics
Re: BTC and Stock Markets are in crash mode
by
barontamago
on 06/02/2018, 04:31:15 UTC
Gold is rising while equity markets around the world and cryptocurrencies are crashing. This kind of punches a hole in the theory that Bitcoin will be considered as some kind of digital gold. There definitely is a correlation and investors are selling risky assets because the yield on treasury bonds is increasing, making them more attractive.

It is disappointing - I had thought that a drop in the stock market would see money move into Bitcoin, but that's not happening at all - everyone is going back to that old time asset: gold.
Actually not all the people believing that cryptocurrencies make them profit they think its to risky that why their focusing on gold investment.It takes time to adopt about the crypto wait and observe them if they actually believe in it. for the mean time be patient and wait for a few weeks the prices of stock and bitcoin will get back to normal.