Quote from: jrrsparkles on December 07, 2023, 05:54:41 PM

Quote from: Rabata on December 07, 2023, 08:13:23 AM

Quote from: jrrsparkles on December 06, 2023, 03:39:19 PM

Quote from: yawars20 on December 06, 2023, 10:53:21 AM

So guys what are your thoughts about current situation.

That is what happens every time when we see the price in the bitcoin price, but to me, the effect is not completely reflected over every cycle. In the previous cycle if Bitcoin jumps 30% then most altcoins will surge 30% in average but now its not even 10% but random coins jumps 100% in 24 hours and in the next few days it will bleeds out which means the altcoins are only used by bump and dump investors and not for any real use cases.

As the price of Bitcoin rises, in the same way the prices of other altcoins increase. Because many people try to find alternatives to bitcoin investment. They become interested in investing in those coins. However, when the price of Bitcoin increases, other stock market investors are also encouraged to invest in Bitcoin. As a result we can see the movement of money but it doesn't have much effect because other stock markets have a lot of capital. If we look at cryptocurrency and forex market stocks there is a big differences between the two. So there will be no much effect on the market.

Whenever we are in a bull run, more people enter into the market which necessarily means investors from the stock market are entering it, yes some people invest in both but generally, they think crypto is not an actual asset. And also we can't compare both the market because the time of existence of stock market is far ahead compared to crypto market but still Bitcoin crossed 1 trillion market cap in 2021 if I am not wrong.

When heading towards the Halving, all bitcoin prices become strong and not only that, all cryptocurrencies also go hand in hand with each other, so it's not surprising that all stocks are also affected because they know that bitcoin will strengthen when heading towards the Halving, the crypto market is just a formality It's just that for world and digital economic growth, it's possible that Bitcoin will increase its capacity in the future from 1 trillion in 2021, perhaps in 2025 it could increase even more drastically than that figure...