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Is the Bitcoin and Stock Market Crash Related?

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Bitcoin, the S&P 500 (stocks), treasuries (bonds), and gold all have had a bad week. Is it all related? Is it positive or negative for cryptocurrencies? In this video we recap the recent events in these different markets as well my thoughts on those events. Personally, I don't view the downtrend in other asset classes as a positive as it leads to there being competition on "where" to buy the dip: Bitcoin, stocks, bonds or the mini-dip in gold? For the rest of the details in this video, of which there are plenty, please check out Steemit where I have room to paste the entire script for the video so you can read instead if you prefer. Thanks for watching / reading! Steemit: https://steemit.com/bitcoin/@cryptovestor/is-the-bitcoin-and-stock-market-crash-related ================ If you like my content, you can support me through using ANY of the affiliate links below (I receive small compensation). The beauty of affiliate links is that I can pick and choose what I like rather than have companies approach me - everything I linked below (with the exception of Trezor since I like Ledger), I use myself frequently. ================ My Recommended Hardware Wallets: If you want to store your cryptocurrencies safely, the best way is through a hardware wallet. Seriously - look it up and you'll find plenty of information supporting this claim. There are alternatives such as paper wallets, but these are convenient and my choice for cold storage (offline): Ledger Nano S: http://amzn.to/2hZPj0q Trezor: http://amzn.to/2AxD9TN Ledger Blue (expensive): http://amzn.to/2hk7xst I personally prefer the Ledger Nano S, but the Trezor is such a close second that it really doesn't matter which one you go with. Ledger Blue is premium and convenient, but not necessary. ================ My Favorite Book for Investing in Crypto: Cryptoassets: http://amzn.to/2zKDdCF This book is, bar none, my favorite book for investing in cryptocurrencies. It doesn't bog you down with technical jargon, but instead focuses on all the elements you should understand before you invest. It's a comprehensive book for both beginners and experts. Beginners will find information about major cryptocurrencies (not just Bitcoin) as well as details on historical market events (that you can draw on for future) and events to watch for moving into the future. Experts will find the chapters on valuation particularly useful. For those of you involved in traditional investing, this book is even more of a godsend as finance info is explored (correlations with other asset classes, ETFs, etc). ================ My Recommended Exchanges: Coinbase / GDAX / Bittrex https://www.coinbase.com/join/5a08b12e305a1401d79d10e0 If you sign up to Coinbase using link above, you and I will both receive $10 each after you buy your first $100 of Bitcoin using Coinbase. Coinbase is much less intimidating for beginners. Once ready, move up to GDAX for cheaper or zero fees. For altcoins, I recommend Bittrex. ================ Legal Stuff: I am a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for me to earn fees by linking to Amazon.com and affiliated sites. None of what I provide in my videos is investment advice. Please do your own due diligence. ================ My Platforms: Twitter: https://twitter.com/Truth_Investor SteemIt: https://steemit.com/@cryptovestor Medium: https://medium.com/@Truth_Investor Seeking Alpha: https://seekingalpha.com/author/truth-investor/articles
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Text Comments (475)
Crypto Investor (5 months ago)
12:51 for title. I know it's been a while since my last video! Going to do my best to get back on a regular schedule while busy with other stuff. I will be doing a video talking about the Senate meeting this weekend, so stay tuned for that. If you'd like to interact with me, make sure you check out my Steemit: steemit.com/bitcoin/@cryptovestor/is-the-bitcoin-and-stock-market-crash-related. I also post more frequently on Twitter when MIA on YouTube, so check that out as well if interested: twitter.com/Truth_Investor.
Sammie L. Glancy (3 months ago)
*ToDay $550* expert0ption.com
The Money League (5 months ago)
Gold is much safer and never has volatile price jumps like crypto
The Money League (5 months ago)
This is why I'm not promoting Bitcoin IRA's at the moment; strictly gold IRA's.
CRYPTO DAD (5 months ago)
Hey! Nice video! Have u heard of CWE? U can see my lastest video for more info.
Satoshi Alpha (1 month ago)
Buen video muy nítido contenido y nos quedamos pendiente a su canal gracias
Carlo Jofre (3 months ago)
Brilliant. Analist!!
Luann Siemon (3 months ago)
if you are serious about trading you need to address your weakness and try to fix it. no forex guru can make you Professional trader unless you want to learn from your mistake. A friend of mine he is also an expert trader. He suggested me *FIRST MILLION ROAD*.
Mellie Taylor (3 months ago)
Learn more about and start purchasing bitcoin at binance.com/?ref=16090961
B Davis (4 months ago)
The consummate voice of reason - seasoned with a healthy dose of skepticism. Seems like business as usual. We're probably on the cusp of another pretty good run-up {MC > 750+K) followed by a cooldown midyear {500K). I see Q3 /Q4 as the coming out party - tech starts really evolve, wallets become more secure, on-ramps for more institutional money. Projects like ETH, LTC, NEO, Cardano & EOS will begin to separate themselves from Bitcoin's movement more and more with the Decentralized exchange pairings, etc.
Dat (5 months ago)
Wall Street scamming crypto
Dat (5 months ago)
I don't think so, I think the big wigs thru everything negative at crypto while the stock market went down so people wouldn't jump into crypto, and how strange they band credit cards for purchasing crypto at the same time..........so people can't make the jump easily........and so the big wigs can buy cheap........and then pump later and dump.
JMC 4077 (5 months ago)
The crypto market is being manipulated by the same people that manipulate every other market. On Dec 1, the whole market was worth $320 billion. In the month of December, $500 billion came from somewhere, and in January it left again. (See Global Chart on Coinmarketcap.) During this time, the charts for all the different coins looked the same. Even Bitcoin was affected in this way. Since most coins are traded against Bitcoin, you cannot avoid losing money when they are both going down at the same time. Total market cap is tiny when compared to the stock, bond, and precious metals markets that they control quite effectively.
Ranger4R fg (5 months ago)
this is really strange situation of course, but I think this is a coincidence .. cause it was not happened before, yes maybe there some weak link, but to my opinion not worth to mention actually this is you, to compare some altcoin, like deeponiom for example, behaviour with BTC, even if it will be looking very similar.. but we all know they are not.. and by the way, BTC has jumped form 6K to 10K already, have stocks market did the same? no? - then it prove my point : just a coincidence
Bad Ass (5 months ago)
Very interesting video covering all sorts of asset classes.
Paul Coffman (5 months ago)
Funny talking about air
Karl76 (5 months ago)
Listened for five seconds, same monotone bored voice. Switched off.
Nathan Morris (5 months ago)
Bitcoin was supposed to come into 2018 10k but it came in around close to 20k so everyone knew that it was just a correction.. It drooped to 8k because of the panic sellers
Branislav Konjević (5 months ago)
Why do you use Steemit when none of cryptocurrencies doesn't have real use case? I know that this word cryptocurrency is misleading, but most of them aren't intended to be used as a currency all. One of them is Steem. As an expert in this field you probably knew that Steemit is just an blockchain explorer.
Chris Metroid (5 months ago)
http://telegram.me/CloudMooLah_bot/?start=Chrisillingworth Airdrops get free tokens with this new ico.
Brett Slater (5 months ago)
Thanks again love what you are putting out.
Bierpens (5 months ago)
Yes. It of coarse it is related ... It is so obvious.
Patrik Banek (5 months ago)
ethereum, dash, litecoin and even dogecoin - the cheapest to move are all bounds and leaps beyond bitcoin in terms of usability and actual value
Mr Yellow (5 months ago)
Crypto is Conzi scheme it's bigger than ponzi
Mr Yellow (5 months ago)
Praying for crypto crash
Daniel Georgiev (5 months ago)
What do you think of a bubble like Bitcoin which is created almost without credit ? Isn't huge credit usually the catalyst of a bubble popping ? In my opinion because most of the money in crypto in general are debt free ,it's highly unlikely to see bubble bursting. Other huge aspect for why this is not a bubble is that Bitcoin and all crypto losses many times like 50-60-70-80% of all market cap and stil come back stronger. I can't name one baloon in history that in his life prices has such great volatility.
evadesc (5 months ago)
is there a vix indicator for cryptos?
1stNationalBitCoin.com (5 months ago)
Just too let you know! Btc is going to be overtaken by bitcoin cash. That is why the exchanges decided to except bitcoin cash because they knew of its vulnerability being slower to move at the same scale..also when bitcoin cash kicks in gear it will be like an afterburner on a jet full throttle because when bitcoin would go it would pump up the price on alt coins. Bitcoin cash is a faster pump and the alts will climb like a rocket up! I believe that is why bittrex and other exchanges with most of the volume didn't have bank accounts tied in. Now they are going to have accounts to keep there assets from leaving there exchange. Enjoy the ride up and don't forget to put your space helmet on! See you in the next galaxy. LQQks bullish to me
Dk Filchev (5 months ago)
I really enjoy your calm and neutral tone. If the world goes to shit, market crashes, usa and n.korea go in war, dollar crashes I want you to be the voice that I will hear about it from! :D
CO Paul (5 months ago)
Great vid!! I think its likely BTC is going to retest the channel @ 4500. I believe the stock market is in the middle of a 5 wave down correction. I'm into T&A and elliotwave analysis. Trying to figure out what to short tomorrow.....
Azid Sukhram (5 months ago)
your right
Adam J (5 months ago)
ANOTHER good video. You should mention BTS in such video's where the price is and index of various real and crypto-assets. Haven't seen it all yet, but good start. Thumb-up.
Crypstian BTC (5 months ago)
Thanks for your work!
P Bowry (5 months ago)
Is it possible for stocks to be connected to cryptocurrencies? Perhaps there is a secret wealth transfer happening into cryptocurrencies. Will stock markets be the thing of the past? Surely everything is starting to be pegged to the cryptocurrency?
Kol Tregaskes (5 months ago)
What is your TradingView address?
Toogoodnottobetrue al (5 months ago)
Dominance will rise later this year when Bitcoin hits 50k but I don't expect it to go any higher than 42% even that is pushing it. I expect the big winner to be Litecoin this year. Soo....undervalued...
Andrés Leal (5 months ago)
Excelents videos!!!!!
GodricThe (5 months ago)
What about this thesis. People that invest in crypto usually spend time reading or watching some sort of financial material that they previously did not and maybe understand not to panic. I also think that crypto craze is will help ppl have better understanding of real market and at some point make a shift to stocks, indexes, bonds etc.
Kris Scammer Kantu (5 months ago)
Having watched your Tether video, what is your take on Bitshares? Do you think it is a viable replacement for Tether?
The right trader (5 months ago)
Power Ledger Coin guys worth to look ;)
Michaël C (5 months ago)
Whaf is your honest opinion on Electroneum?
Bill Kahn (5 months ago)
*How the fuck can you speak for so long without any tongue ties, without any ummms and aahhs, without any broken sentences, without any grammatical errors, and without losing the speed and control over your voice's volume???? What the fuck, man?*
07Ghost (5 months ago)
bitcoin HODLers = https://www.reddit.com/r/Bitcoin/comments/7vn75e/when_you_see_a_rise_in_the_bitcoin_price/
Wendy Taylor-Hill (5 months ago)
Thank you for your analysis. It looks like the correction is over and buying between 7k-9k is a good price to get in
Yahir Amat (5 months ago)
Last time you said I’m buying bitcoin at 8300 that’s where it went so now you are saying 5k so I sold. Going to wait until it hit 5k
MrHous26 (5 months ago)
I don't think Wall Street is correlated with crypto and the volatility in crypto is caused by something completely different from this week volatility in Wall Street. Wall Street volatility was more recent and was caused by fears of high inflation. Crypto volatility is caused by the fear of government regulation. This caused a sell-off. The crypto crash began long before this Wall Street correction. I'm bullish on crypto so I'm using this as an opportunity to buy cheap altcoins like DeepOnion, a tor-integrated privacy coin with an ambitious roadmap and proven development team.
True Contrarian (5 months ago)
Short term correlation: Nasdaq, BTC and Vix inverted. Weird to say the least. https://www.zerohedge.com/sites/default/files/inline-images/2018-02-15_12-16-43.jpg?itok=2VfPNpw2
El Makiko (5 months ago)
This one was a great quality video! 👌🏻👏🏻 thanks for it!
João Sombrio (5 months ago)
Peter Schiff is bearish on Bitcoin since 2012. This guy has an empire on top of gold trading and feel threatened by crypto. I wouldn't trust this guy.
Patrick Rinn (5 months ago)
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The Cure (5 months ago)
Hope it’s not too late https://scorumcoins.com/en-us/affiliate/h8WT3LM
Ailyah Washington (5 months ago)
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Frances Maane (5 months ago)
Could stock market have adjusted (dropped) due to concerns that Trump could be impeached, and that would mean the loss of a President who is very business oriented? Are the other issues merely sub to this concern or acting in corollary to this concern?
BRWfilms (5 months ago)
Yeah gold is great for a store of wealth and beating inflation but that doesnt do anything for investors who are looking to make a little profit Gold is a store of wealth not a profitable asset like good stocks and other investments
Ebrahiem Ebied (5 months ago)
earn over 30000 satosi in 2 hours with easy steps in 3 weeks you will have first 1 btc from this strong honest website http://bspin.club/1/0iNQz
Barnabas Szakal (5 months ago)
You sound like an expert, but it is better not to listen to your insights. I am sorry, it is not personal.
S N (5 months ago)
big finish want to take part in this market thus thay want bitcoin as cheap as possible to controlthe whole market .. the soldiers are to many but the leaders are few
TitanSilver354 (5 months ago)
Who's Al Grethmic?
Kirk Clements (5 months ago)
speculative activity goes across markets - gold-silver ratio is a measure of commoity speculation, B rated commercial bonds are a measure of bond speculation and percent of stocks above 200 day moving average is a measure of equity speculation - cryptos or housing or any other popular speculative vehicles may be the flash point in different cycles that lead the others - every cycle is different
Sz27 Clz75m (5 months ago)
dude, can't find you on TradingView - you didn't leave a link. anyone?
Heroo Duurr (5 months ago)
to answer your question, no
Anthony Agnello (5 months ago)
Miss the vids man ....it’s refreshing to hear someone discuss economy stocks vs crypto....I’ve been pondering that myself
juicearibe (5 months ago)
You guys need to research block- dag an Israeli scientist have came up with this platform to where Bitcoin will be nearly as fast as a etheremin and Ripple.
Clancy Benedict (5 months ago)
Super interesting video. Keep up the good work. I’d think bitcoin will suffer one last blow before growing back to heights
Rodolfo Oliveira (5 months ago)
Electraproject.org
orai Octaviani-Romanusi (5 months ago)
Charles Nenner explained Americans look to how to make money, but the Dutch look at how not to loose it. I really like you Vid.
brady nields (5 months ago)
2:36 Can't it simply be more sellers than buyers that makes the price go down?
orai Octaviani-Romanusi (5 months ago)
Glad your back nice explanation
John Permabull Smith (5 months ago)
As always, I love the different type of content you put out vs other crypto channels. You say things that challenges the thought process of the majority of investors in the crypto space and at all times you talk about the reality of things rather than what people want to hear. I think your understanding of the markets are great.
modelmark (5 months ago)
They are correlated none the less, the question is if there is a cause effect relation ship. Everything is correlated in the time of central banking.
Joe Mann (5 months ago)
stop Tring to find a reason, a game is going on by thoses who know exactly what they are doing. The bigger fool never enters the market without a push form the meada or sudo commentators. They are still shaking the tree so beware
John Permabull Smith (5 months ago)
Trading view is nice isnt it haha finally
John Permabull Smith (5 months ago)
Why was there two chicks doing an ad for some shitcoin before this video lol
vrcow (5 months ago)
thanks so much for your Analysis.  Can you also do a similar and technical analysis on Ethereum as well?  My guess is that Ethereum is going to do better in percentage gains in the next 1-2 years.
Crypto Enthusiast (5 months ago)
I just love your vids, thank you for this.
A Wizeone (5 months ago)
Great video. I think we did hit bottom to a large extent. You are looking at a global growing interest in digital assets. I do not know the exact number but I would venture a guess that not even 5% of the population, financially active population is involved in crypto currency. And as you said you remarked that alt coins did not drop as much as you thought they might have. That indicates to me a growing support in alternative currencies however speculative they maybe. This is a paradigm shift of global proportion. A lot of the traditional indices will be tested and often times defied by the growing appetite of financial freedom and privacy. Early adoption has not even taken place yet. It’s still very very early. We are the insane that rule this world for the time being.
Yavor Marinov (5 months ago)
I will try to short SP and DOW, carefully :D Hope i have some luck, but first the bear market should be confirmed.
Teru Deca (5 months ago)
BTC will lose it's dominance this year still due to massive Market Cap Altcoins on the rise, it's inevitable... plenty will mistakenly sell off their BTC's as a result, a mistake since BTC will continue to improve and add value and become more valuable once the current issues have been addressed.. the Lightning Network is already on the increase. In a few years BTC will be seen as one of, if not the most secure coin resulting from all the hash power that went into it, with no other coin in mass circulation by then to ever be able to achieve that amount of PoW done... hence, BTC will eventually prove a highly rated store of value once the dust finally settled... I suspect those with short term vision will eventually lose their BTC and not be able to buy back in at sensible values compared to other existing crypto investments which IMHO would by then be dwarfed to the resident BTC dominance as the main coin to rule all other's on all chains, regardless of token utility or protocol it runs on... then again, time will tell ..
drain the swamp 2.0 (5 months ago)
we lost half of the market cap because of wall street hedging nothing else.
Tajtana Pa (5 months ago)
OMG you are live! Welcome back :)
N3vermake (5 months ago)
what‘s your name on TradingView?
Justin Kasey (5 months ago)
in so far as all markets are nothing more than online gambling schemes. fundamentals like price to earning, and debt ratios have no bearing. its all a scam run by bots snd big money, each and every bubble burns all the little players. have fun, enjoy the ride.
shinom0ri (5 months ago)
Looks like I need to sell off asap than...
M D (5 months ago)
what do u use for the charts?
johan Döden Edgren (5 months ago)
alot of ppl sell after the hollydays no matter what market it is. It is well known that this happens every year.
omar ali (5 months ago)
Share, Play and Profit Bitcoin http://btcheat.com/?i=856430
MisterLG (5 months ago)
I like your way of thinking and your analysis, but I do have to disagree with your opinion regarding Bitcoin. The only thing why bitcoin is so popular and doing well is because its the first crypto and its linked to many other coins. It has no other function than being an investment. Its slow, expensive and mining takes shitloads of energy.... 2018 will be the year of privacy coins like DeepOnion, Shield and pivx
happenedtomorrow (5 months ago)
Totally agree. And the Bitcoin peer-to-peer network is not completely secure. On the other side it is impossible to kill an anonymous cryptocurrency by government, especially a full privacy one like DeepOnion or Spectre. I'm sure all privacy coin will grow HUGE in 2018.
Konstantin Avramidis (5 months ago)
It is related! There is far to much money in the system in relation to its participants... Everything is overbought and there are still an over proportionate amount of savings especially in europe! The only possible outcome is capitalizing 3rd world countries in a 1st world sense! And this is not possible with currencies like the dollar or the euro since they have to much oversight by central banks which are institutions that are in place to counter act such developments!
Will Whitez (5 months ago)
Hell lets go even further are the stock market and crypto crashes related to the fire sale the rothchilds had?Not like when the richest family on the planet has a yard sale and is selling mansions with power plants could cause a market recorrection worldwide.
Toffer Wayne (5 months ago)
Ethereum will flip with Bitcoin, and see - saw a few times this year. Once BTC drops below 30% dominance
Ivan Sekulić (5 months ago)
You are wrong.. Crypto is not a bubble. Not anymore anyway. It was overpriced,but had nice needle in the butt. Also, you are not as smart as you think you are. You falled for tether fud, sticked to bitcoin andn other while they shorted it to the ground. Tether was a way to save money. You were just too thick and self confident to see that. And why the fuck would you now be fully alocated to bitcoin when alts had a massive massacre too. Stupid
Flint Westwood (5 months ago)
You can hear but you can't listen.
Bjorn Hansen (5 months ago)
Nope. Stock market correction was way over due. Crypto is just a bubble. bye..
John HG (5 months ago)
i have a huge cock
Andy Raman (5 months ago)
Great video once again. You forgot korea scams and hacks
Steve Bunn (5 months ago)
the most interesting thing about this bitcoin chart is how volume has dropped off after Xmas. My guess is that the price has drifted lower because many are holding but those who have borrowed to buy bitcoin are the weak hands moving the price with market orders each time they read another hit piece from the lame stream media.
Grand River (5 months ago)
Concise, logical, easy to understand. Excellent video!
Alfons Åberg (5 months ago)
Your videos are great, your not scared to state your opinions and in subsequent videos you still stick to your guns. Bravo.
-ED- Bitcoin BCH Channel (5 months ago)
BTC will never get back to where it was because Blockstream sabotaged its usability. If people want to use Bitcoin system, they should switch to Bitcoin Cash, an actual usable and scalable Bitcoin system.
Naddy Nodge (5 months ago)
Population of the earth=7,600,000,000 Number of Bitcoins=16,000,000 Average amount of bitcoin per person=0.002=$18. And that's not factoring in lost bitcoin or the massive amounts held by institutions, governments and wealthy investors. Owning a single bitcoin is already a mere dream for most of the worlds population. This, coupled with the recent explosive media 'awareness' we've seen in the last few months will fuel the next bull-run. Many people don't realize just how rare bitcoin is, and when people are educated about just how small the bitcoin supply is in comparison to the world's population, the price will explode. Bitcoin is Bitcoin
ticklefights (5 months ago)
I have mixed feelings on this. I think that in 10 years it will be worth 100x or 0x what it is now; that said, I think that the quality of the average investor is such that very few will hold through big dips and even fewer would hold through (or buy into) an extended bear market. It does have the brain-bug factor, though. The implications of it taking off, to those who understand them, are world changing. And this will only increase with time.
prateek gupta (5 months ago)
I think we hve one more dip left in crypto market after the next big surge ... If bitcoin goes past 12000 barrier then it can take off but if it doesn't den i can see it coming to 4000-5000 levels one last time ... Still Nav coin vertcoin are at ridiculous low levels and good buy ... Will watch mkt nd if bitcoin goes past 12k den i will buy into nav vertcoin...
Andy Raman (5 months ago)
where were you bro when all volatility was going on with fud and all
Toomas Zobel (5 months ago)
Some very good analysis, but I disagree with your thoughts on Bitcoin. It's only so strong due to first mover status, if Bitcoin was ICO'd today it wouldn't even make the top 100 in market cap, the tech is awful and the infighting during every fork decision has just killed BTC. The amount of electricity now used for PoW is getting attention from governments and once regulations arrive after G20 in March, I would not be surprised if governments tried to curb this in some form. The dominance % decrease is clearly showing BTC is dying, and once any other coin overtakes it may make it terminal. As crypto gains popularity, new exchanges open and BTC loses reserve currency status for trading into alts it also creates less reason to hold BTC, compared to the past where that was the only way to enter alts.
Alexis Benjamin (5 months ago)
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soateNATOR (5 months ago)
what charts are you using?

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The miners are interested in finding a nonce which will create a hash with certain characteristics. Lastly, they have to find a random value that they included in the header, which makes the computed hash over that header a value below a particular target. In other words, they do not have to agree to change the protocol. Though there are a few gold diggers attempting to fill their pockets and certain projects that aren`t viable and shouldn`t be encouraged in any way. For users running a complete node, it is a fairly painless procedure to upgrade the software to the newest version. The process of locating a new block to extend the blockchain is known as mining. Proof-of-Work systems utilize cryptographic hashing algorithms to create the action of mining a block a complicated computation. Our software is totally incompatible with altcoins. Changes and modifications to how that it works need to be approved by consensus and every CPU gets a vote. To start with, it`s essential to realize that hardware wallet users control entirely their private keys. Whether you`re bullish or bearish on Bitcoin Gold, you ought not lose your coins as a result of careless mistakes! On the 1 hand, it may result in making a coin that solves all the pending issues. There`s no currency or digital asset named Bitcoin Core. Bitcoin Cash increases the range of transactions that may be processed per block. You could send any quantity of money, any place in the Earth, almost at no cost. You`ve made some great money already on the market, but you want more. For a wealthy individual, BTC`s price premium may be viewed as a plus. For someone without lots of money, BCH`s low price may look like a great deal for Bitcoin. If you have some concerns about the worth of Bitcoin after all forks, you need to be ready for a drop. The distinction is that not all of these suffer the chain split. The primary problem is Bitcoin imposes a hard limit on the magnitude of a block, the location where transaction information becomes stored. The end result is many straightforward wallets, called SPV wallets and very commonly found on your phone, will be quite confused about which chain is Bitcoin. In Bitcoin, the most important reason is known as the network effect.