Stocks are also going down pretty hard (in terms of stocks) since friday. Was the cryptocurrency crash before the stocks coincidence? I don’t think so. Governments knew that the interest rates are going back up after years being 0 or close to 0. Now the interest rates started going up again and they knew this would trigger a “crash/correction” in stock markets because now it’s more “interesting” again to leave your money in the bank. It was a certainty if interest rates would go up that prices of stocks would go down to more reasonable levels (still it’s waaaay overvalued). So did they manipulate the crypto markets first by spreading fud, regulating and most likely manually let the prices go down before the crash of stocks would happen? Cryptocurrencies are more needed than ever looking to the current financial situation worldwide. Fiat and financial markets are ticking timebombs and the only way to escape this is cryptocurrencies (or real estate etc.). Probably the monetary system as we know it can last for many more years, even decades or ages, but eventually it will collapse because there is no way to escape it. Then crypo will be there to catch the fall.

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27 COMMENTS

  3. Two additional things I am thinking ~
    1) Could it be that investors in the stock markets are pulling out to get more money into the crypto space while its in the dip?
    2) Instead of manipulating the crypto market, gov't banks decided to raise interests rates after the drop in the crypto market to take advantage of the already widespread fear?

    I also agree with @R O that banks and governments are "really complicated mechanisms." I always wonder how, that if they are so cunning to pull some of the stuff of conspiracy theories, why wouldn't they just get themselves out of these problems in the first place. Is anyone really driven enough to try to manipulate things on such a large scale? Its got to be a lot of hard work and not worth it?!

  7. Hmm… You seem to be implying that fear means a big selloff/drop is coming (maybe I'm misunderstanding you?). Sorry to be a contrarian, I didn't think the Fear (VIX) index is really a signal for a giant drop coming. If you put up the Fear Index and the DOW (both on MAX timeframe) side by side, the spikes don't really line up with the start of big drops. You mention VIX being at it's highest on Nov 1st, 2008. The market had already crashed at that point and was almost to the very bottom in Nov 2008. I believe a famous Warren Buffet quote is "Be Fearful When Others Are Greedy and Greedy When Others Are Fearful". With all of that said, it is strange to see this spike in fear as things are rising. I guess the short drops last week after such a huge run up are contributing to that fear. If I had followed Buffet's recommendations (I didn't), I would have bought on the big dip day and made a nice profit selling after the fear returned to greed this week. Anyway, interesting viewpoints. And, made me read up on this some more. I'm just not sure the VIX is telling us anything yet by looking at history. But, I am definitely not an expert! Still a fan and would love to hear your feedback on my comments.

  9. I think it is an interesting moment and we should learn from it, and let's admit it, what happened in the last months it was not normal. But growing up with it we kind of get used to it and it became normal, seeing profits everyday.
    It is always good to take some profits out and just watch the markets, be ready with some fiat currency in order to jump in at the right moment – even if you will lose the first percentage on the ascendant movement.
    Even if the numbers were green yesterday and today, i still consider that we are still in a grey zone. What happened Friday and Monday was not "the crash".
    Young and Investing thanks for the videos! looking forward to hear the comments on the SEC & CFTC Crypto Currency Hearing – also one of the reason of today's green numbers.

  10. The plan is…. Scaredy pants investors will ALWAYS sell at a loss and the NWO filth knows it. They do this ALL THE F-ING TIME. Wake up you dipshits & WIN for once. HODL/HOLD………

  20. Not a coincidence. I told people a month ago the stocks were in danger of crashing this or next year because they had grown even faster than they had during 2002-2005 and they had not had a major correction yet.

  21. "If you're feeling generous, donate to me here:
    …
    Ripple: rDsbeomae4FXwgQTJp9Rs64Qg9vDiTCdBv"
    isnt that bitstamp's wallet address ? without destination tag you won't get anything …

  27. Good work, Quinten. I wonder, though, if not the low crypto prices right now makes the market very attractive, rather than unattractive, to invest in.

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