Quote from: talkbitcoin on August 04, 2018, 09:12:17 AM

i can't make sense of this statement:

Quote

Bitcoin slips below $8,000 as investors step away from risk
....
after a sell-off in shares of technology and internet companies spilled over into other risky assets.

so are you trying to say investors pulled out of bitcoin to go into other riskier investments? or is it saying they pulled out of bitcoin because it is risky?
if it is the first then it makes no sense at all! people are never going to do that. bitcoin is risky enough with a good reward for that risk.
if it is the second then it makes even less sense because at this point the risk is minimal and even if they pulled out of bitcoin because of its risk then price should have fallen a lot more.

Another example of how the press like to find whatever they can to explain something. And how they oftentimes fail at doing it because they have no idea about what they report on.

It's the second one from what I can understand. Tech shares were sold off, and so were risky assets, such as bitcoin (as they claim). Bitcoin is often labeled as high risk because it likes to go up quickly.

Honestly, we should stop reading too much into the news. They like to make connections for us that don't make sense if you pause for a moment and think about them.