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/biz/ - Business & Finance

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18844856 No.18844856 [Reply] [Original]

What's crypto going to do tomorrow when the stock market crashes?

>> No.18844879

>>18844856
we have not a clue, but if dow falls too much crypto could shit in the bed

>> No.18844899

50-60% drop if there's a true market crash

>> No.18844914

It's been following the market pretty closely, don't see why that would stop now, crypto isn't immune to people pulling back out into cash.

>> No.18844928

>>18844856
>>18844899
we dont know, it crashed last time but this doesnt mean it will crash again.

also why should markets crash tommorow, futures arent deep red

>> No.18845835

I have already sold my stack in crypto two days ago bro

>> No.18845874

>>18844928
>futures arent deep red
Futures trading hasn't opened yet

>> No.18845891

>>18844856

If Bitcoin crashes with the market tomorrow, the safe-haven narrative is done.

>> No.18845913

>>18844928
one more hour retard

>> No.18845919

>>18845891
The store of value narrative has been done for a while now, slowpoke. Did you not notice the recent crash to 3.7K that corresponded perfectly with the stock market crash?

>> No.18845966

>>18845919

They're already claiming that that was a one-off event and that BTC is a better asset than gold because of the recent pump. If BTC falls again, the collapse kills that narrative for good.

>> No.18845968

>>18844856
>/biz/tards say market crash
>this is the buy signal

>> No.18845983

>>18845968
Good goy

>> No.18846023

>>18845966
I don't really believe what they're saying. I have 3 whole ethereum (lunch money I know) and a few thousand in physical gold/silver

>> No.18846064

>>18845966
I think it might have been one-off too
at the time there was a general feeling that there could be total, catastrophic collapse of the economy or even society
the novelty has worn off, people probably won't react as violently

>> No.18846415

>>18846064

That was what BTC was supposed to be a hedge against, though. So, from a psychological point of view, it is already severely wounded. Another strong hit might knock it out for good. Its demise is inevitable anyway, once the general public learns about the fundamental flaws in its code.