The Great Collapse and Mark of the Crypto - DOW futures down 400+ points - US 10/30 YR bonds down 2-3% - Crypto is rising still

Commodities red across the board too.

Crude Oil WTI 37.70 -1.87 -4.73%
Brent Oil 40.02 -1.59 -3.82%
Natural Gas 3.288 -0.023 -0.69%
Gold 1,893.85 -18.05 -0.94%
Silver 24.115 -0.455 -1.85%
Copper 3.0697 -0.0238 -0.77%
US Soybeans 1,067.38 -14.62 -1.35%

Housing market still up.

Only an artificially inflated bubble that's about to burst.

Bitcoin is down $438 today

Yeah it literally just dropped because investors are trying to offset the losses every where else. Still up almost 10% for the 7 day period though.

BTC 13,373.3 $247.50B $37.23B 34.95% -0.52%

With the exception of Tether , all the Cryptos are up still for their 7 day gains.

Bitcoin BTC 13,392.9 $247.50B $37.23B 34.95% -0.37% +9.09%
Ethereum ETH 389.40 $43.95B $15.75B 14.79% -3.13% +1.88%
Tether USDT 1.0001 $16.44B $55.19B 51.82% -0.05% -0.08%
XRP XRP 0.24860 $11.24B $2.45B 2.30% -1.36% +0.02%
Bitcoin Cash BCH 272.85 $4.99B $3.13B 2.94% +2.69% +4.77%
Chainlink LINK 11.52 $4.47B $1.49B 1.40% -4.68% +9.14%
Binance Coin BNB 30.7589 $4.43B $683.62M 0.64% -2.14% +3.82%
Litecoin LTC 57.375 $3.75B $3.70B 3.48% -1.02% +15.58%
Polkadot DOT 4.39170 $3.74B $641.54M 0.60% -6.98% +9.03%
Bitcoin SV BSV 173.33 $3.18B $1.05B 0.99% -1.02% +5.79%

Still an hour and half until the markets open and futures continue to hover between -450 and -475

Thanks for the pin!!!

The rest of crypto isn’t going so well.

My portfolio is down.

boring

Not looking much better in the rest of the world either

DAX 11,650.10 11,855.00 11,634.50 -413.47 -3.43% 08:08:24
FTSE 100 5,625.85 5,672.55 5,580.36 -103.14 -1.80% 08:08:25
CAC 40 4,580.50 4,640.63 4,556.00 -150.16 -3.17% 08:08:15
Euro Stoxx 50 2,974.05 3,036.53 2,968.75 -96.55 -3.14% 08:08:14
AEX 534.20 541.13 534.09 -11.45 -2.10% 08:08:15
IBEX 35 6,514.00 6,566.00 6,454.00 -137.30 -2.06% 08:08:22
FTSE MIB 18,085.50 18,345.50 17,988.50 -574.00 -3.08% 08:08:25
SMI 9,686.00 9,804.00 9,677.50 -201.49 -2.04% 08:08:24
PSI 20 3,923.80 3,950.17 3,899.35 -53.63 -1.35% 07:53:00
BEL 20 3,074.50 3,119.60 3,056.60 -78.52 -2.49% 08:08:13
ATX 2,069.94 2,109.06 2,023.16 -44.19 -2.09% 07:53:06
OMXS30 1,732.75 1,744.48 1,719.72 -31.26 -1.77% 07:53:00
OMXC25 1,488.75 1,504.15 1,486.26 -12.91 -0.86% 07:53:00
MOEX 2,710.56 2,758.84 2,700.81 -52.47 -1.90% 08:08:20
RTSI 1,089.83 1,124.23 1,086.15 -41.53 -3.67% 08:08:19
WIG20 1,580.10 1,610.05 1,571.73 -45.44 -2.80%

It's going to bobble as investors try to off set with bonds and stocks but the more the markets crash the more everyone is going to shift back into Crypto - that's why BTC is still up 9% for the 7 day.

Unlikely that it will ever fall back to 10k again.

Unless it just ALL crashes and they introduce an entirely new digital dollar with a customized inflation exchange rate so everyone gets screwed equally.

Lol it dropped because of TA, not investors offsetting shit.

Those of us who trade bitcoin saw this drop coming a week ago.
I shorted it

Buy bitcoin at 12k. It will rise from there. Like i said, TA

No artificial market here in southern New Mexico. New homes are selling like hot cakes. Builders cannot keep up with demand.

With Biden leading in the polls, this drop is expected. Say goodBye to all the gains on your 401k, the market is seeing danger ahead. A complete loss by Republicans means a total collapse of the economy through their asinine lockdowns.



Last Edited by SW Fla Pirate on 10/28/2020 08:18 AM

No it literally sold 3% in less than 20 minutes and bonds raised up .50 to .75 percent.

Crypto enthusiasts don't watch anything else just like the people who only watch the biggest number on the board and think that determines everything.

Yeah that's because people are trying to move away from the urban areas into more rural and sub urban and taking advantage of low interest rates and the already high mortgage defaults we are seeing.

Once companies begin to buckle and we start seeing more mass layoffs occur , those new home buyers will also default within only 6~ months of making their purchase and it will be catastrophic.

Sorry but this drop was coming before Biden even announced his candidacy.

If you shorted a week ago, you’ve lost money

Bonds rebounded slightly , Crypto dailies are down almost 2-3% now.

They are going to try to prop up bonds as much as possible because when that collapses , there won't be anything stopping everything else.


US 10 YR 0.761 -0.017 -2.19%

US 30 YR 1.550 -0.021 -1.36%

its about the debt - stupid !

even I as a swiss know, that the market have priced in a biden win, they want biden because he will print more for them.

now they hammer the dow to try to damage DT, which will not work because its too late, he's already won.

once they realize DT win/has won, then the markets crash for the real reason, now its just their last try.

confirmation: DT wins, then the S.F. quake:
[link to youtu.be (secure)]

Companies leading the tech sector gains are Apple, Amazon, Tesla , and Facebook...


...go figure.

better hope the electricity stays on.

Brownouts and blackouts are no bueno for any cryptos

Metals are still dropping further. Oil still down 4ish percent.

Crude Oil WTI 37.77 -1.80 -4.55%
Brent Oil 40.04 -1.57 -3.77%
Natural Gas 3.280 -0.031 -0.94%
Gold 1,883.25 -28.65 -1.50%
Silver 23.852 -0.718 -2.92%
Copper 3.0503 -0.0432 -1.40%
US Soybeans 1,063.12 -18.88 -1.74%

And the sun is about to turn the lights out.