Stock market crash

[serejandmyself]

nice graph... so where do we stand with BTSX in the below? Are we in the "Hope" point?

I hope we are not in the 1st "euphoria" point or in any of the red points....

I doubt that we are in this graph as its for a known asset. We are at the stealth stage yet

Agree... Bitshares is not even on the radar.

Might hit the optimism/excitement stage around the $1bn cap, when there's enough liquidity in the pegged assets to get some real attention.

Kind of like Bitcoin prior to $1bn.

I would even say that optimism stage is up to 10bn market cap.... dont forget the stock exchange isnt 4 years old. Bitcoin is the most "known" crypto. ut lets face it 8 out of 10 people havent heard of it. the other 2 heard of it but dont know what it is. there is 360 thousand users registered on bitcointalk - how many of them are idle? Population of th eplanet is 7 billion (alomst). We are FAR off the excitment stage in any crypto yet

[oldman]

nice graph... so where do we stand with BTSX in the below? Are we in the "Hope" point?

I hope we are not in the 1st "euphoria" point or in any of the red points....

I doubt that we are in this graph as its for a known asset. We are at the stealth stage yet

Agree... Bitshares is not even on the radar.

Might hit the optimism/excitement stage around the $1bn cap, when there's enough liquidity in the pegged assets to get some real attention.

Kind of like Bitcoin prior to $1bn.

[xeroc]

how many of those "bubbles" did bitcoin have? any one participated in the $7c bubble already? I would guess btc had like 5 to 7 big increases in value

[eagleeye]

nice graph... so where do we stand with BTSX in the below? Are we in the "Hope" point?

I hope we are not in the 1st "euphoria" point or in any of the red points....

Bitshares are just 1.5 months old.  We had a eurphoria phase for like a day then dropped down, now we are slowly going up again.

[serejandmyself]

nice graph... so where do we stand with BTSX in the below? Are we in the "Hope" point?

I hope we are not in the 1st "euphoria" point or in any of the red points....

I doubt that we are in this graph as its for a known asset. We are at the stealth stage yet

[mf-tzo]

nice graph... so where do we stand with BTSX in the below? Are we in the "Hope" point?

I hope we are not in the 1st "euphoria" point or in any of the red points....

[eagleeye]

Stock market crash?? :-\
Sooner then you think.
s&p charts-
http://2.bp.blogspot.com/-OA1J4N7-So0/VA-PeIvQwdI/AAAAAAAAZDE/SC8RctPqsDQ/s1600/wlshmonthly.png
http://1.bp.blogspot.com/-GSMadSllQ4A/VA-PrZqZaiI/AAAAAAAAZDM/zoxF34ZVtFA/s1600/SpxWEEKLY.png
http://4.bp.blogspot.com/-TEaKuxqF5-s/VA-Nh2SKvRI/AAAAAAAAZC4/vvJPg_tS2zw/s1600/spx60.png


If you ask me , just in time for bitshares X to skyrocket (and all crypto economy in general).

bits&p500 where are you? come out don't be shy. ;D

Interest rates are low we are not going down yet, Scotty. (figure of speech, (Star Trek))

[eagleeye]

So the answer is:
No one fucking knows  :P

What do you mean, "No one fucking knows?".  What else could happen, except for the leading crypto currency (and we all know what that is) to go to Pluto.

If you are a keynsean, like I am and most experts are, Crypto Currency will start amplifying the extremities of economic cycles.  We will start having depressions again.  In the past, the best place to isolate wealth from decline, has been US T bonds.  EVERYTHING else just goes down.  Governments then print more money to fill the demand, and pay for things like $2000 to destroy good cars, and building bridges to nowhere, bying air craft carriers for war, trying to get the economy to go again.

The only reason Gold didn't go up more, is because higher prices of Gold produce a LOT more of it, especially if it is expected by Gold miners, investing in more gold mines.


But now there is something that has never existed before.  Something of value with a truly limited supply.

The next time we have a "GREAT RECESSION" governments are going to try to repeat the process of spend us out of deflation, but they will no longer be able to do that, because of BitUSD.  And even better, by then, there will be even more reliable fixed value crypto assets that will not decrease in value, like BitUSD, but will freely increase in value, significantly.

The next "great recession", (I predict there will be another short, at least, depression) will be very different than anything in the past.  Everyone will sell EVERYTHING, stocks, real estate, cars, bonds, fiata currencies, people will stop eating, attempting to get any money they can, to put into BitsharesX which will be rocketing to Pluto.  And of course, the bubble will then pop, once everyone is finally starving to death, and must start selling some of their BiytsharesX to eat.  But things will level out somewhere around Mars.

Its not going to happen like that.  "History does not repeat, it rhymes" - Mark Twain

The US Federal Government Deficit is under 4% right now.

The "Great Recession" occurred because of sub-prime mortgages causing a nuclear bomb reaction by first bankrupting Bear Stearns and then Lehman Brothers.

However, Bear Stearns was bailed out but Lehman Brothers had an asset book of $600 billion and they had to sell sell sell.  Same with AIG but they had a huge derivative portfolio and were bailed out, but still lost about $100 billion (Yes with a b) dollars.

Sub-prime mortgages were mortgages to people with bad credit that had higher interest rates that could not be paid back.  Why was this a problem?  This inflated housing prices (was one of the big reasons) causing people to excessively (foolishly) take out LOC (Lines of credit) from there bank.

The next time there is a "recession" it will not be from the private sector but from the government debt problem (I am assuming).

[oldman]

maybe we should go one step at a time .. BUT anyone can create (paying the fee) a bitAsset on his own .. you just need to market it enough so that the 5m btsx are on ask/bid side and persuade 51 delegates to publish a feed .. done .. or am i missing sth?

Yes, I3 is doing a great job of bootstrapping a core asset group.

Once a few pegs are stable and there is some depth the rest will take care of itself.

bitUSD/bitCNY/bitGLD is probably all that is required to start the avalanche.

[xeroc]

maybe we should go one step at a time .. BUT anyone can create (paying the fee) a bitAsset on his own .. you just need to market it enough so that the 5m btsx are on ask/bid side and persuade 51 delegates to publish a feed .. done .. or am i missing sth?

[srcgpsmp]

Well, the second "excitement" level in your graph really is still in the "recovery" part (the part where we get back the losses from the crash), so basically we haven't entered in a real growth cycle before 2013. IMHO, no huge correction to come in the near future for stock market. Interest rates are too low and economic metrics too good for a short-term crash.

AND we have a market! , 50 min passed and my short order is filled.(obviously in theory )
How about setting a bounty for bits&p500 market before the end of September? anyone interested?

A derivative asset to track an index of securities? Man...how deep will this rabbit hole go??

I would say X2-X10 the market cap of BTC. :-X

[Riverhead]

Well, the second "excitement" level in your graph really is still in the "recovery" part (the part where we get back the losses from the crash), so basically we haven't entered in a real growth cycle before 2013. IMHO, no huge correction to come in the near future for stock market. Interest rates are too low and economic metrics too good for a short-term crash.

AND we have a market! , 50 min passed and my short order is filled.(obviously in theory )
How about setting a bounty for bits&p500 market before the end of September? anyone interested?

A derivative asset to track an index of securities? Man...how deep will this rabbit hole go??

[srcgpsmp]

Well, the second "excitement" level in your graph really is still in the "recovery" part (the part where we get back the losses from the crash), so basically we haven't entered in a real growth cycle before 2013. IMHO, no huge correction to come in the near future for stock market. Interest rates are too low and economic metrics too good for a short-term crash.

AND we have a market! , 50 min passed and my short order is filled.(obviously in theory )
How about setting a bounty for bits&p500 market before the end of September? anyone interested?

[Chuckone]

Stock market crash?? :-\
Sooner then you think.
s&p charts-
http://2.bp.blogspot.com/-OA1J4N7-So0/VA-PeIvQwdI/AAAAAAAAZDE/SC8RctPqsDQ/s1600/wlshmonthly.png
http://1.bp.blogspot.com/-GSMadSllQ4A/VA-PrZqZaiI/AAAAAAAAZDM/zoxF34ZVtFA/s1600/SpxWEEKLY.png
http://4.bp.blogspot.com/-TEaKuxqF5-s/VA-Nh2SKvRI/AAAAAAAAZC4/vvJPg_tS2zw/s1600/spx60.png


If you ask me , just in time for bitshares X to skyrocket (and all crypto economy in general).

bits&p500 where are you? come out don't be shy. ;D

Well, the second "excitement" level in your graph really is still in the "recovery" part (the part where we get back the losses from the crash), so basically we haven't entered in a real growth cycle before 2013. IMHO, no huge correction to come in the near future for stock market. Interest rates are too low and economic metrics too good for a short-term crash.

[srcgpsmp]

Stock market crash?? :-\
Sooner then you think.
s&p charts-
http://2.bp.blogspot.com/-OA1J4N7-So0/VA-PeIvQwdI/AAAAAAAAZDE/SC8RctPqsDQ/s1600/wlshmonthly.png
http://1.bp.blogspot.com/-GSMadSllQ4A/VA-PrZqZaiI/AAAAAAAAZDM/zoxF34ZVtFA/s1600/SpxWEEKLY.png
http://4.bp.blogspot.com/-TEaKuxqF5-s/VA-Nh2SKvRI/AAAAAAAAZC4/vvJPg_tS2zw/s1600/spx60.png


If you ask me , just in time for bitshares X to skyrocket (and all crypto economy in general).

bits&p500 where are you? come out don't be shy. ;D