Could The Soon Coming Stock Market Crash! Be Good For Crypto Currencies?

in #bitcoin7 years ago (edited)

https://www.youtube.com/watch?time_continue=1491&v=n7IHvgm-EPA

According to wall street man charles nenner the stock market crash will happen real soon and maybe it has already started? and he is backing it by stating he is completely out the stocks.
I myself am no expert in any of this but just by looking at a few charts in my simple way, i agree that something is afoot? take a look at these charts below and perhaps the real experts that are on steemit can tell me if i am looking at them all wrong? these two charts show the capitalization value of both the total of the crypto market, first not including bitcoin and second with it included.
These charts show that all crypto currencies capitalizations have doubled in as little over just four weeks! i believe this money has come from.. the now starting flight from the stock market, if so things may get really dizzy in the next four to twelve weeks, we will see i guess.

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People are viewing crypto as a legitimate safe haven asset. I think a stock market crash would prove to really help crypto.

More than doubled but you are completely right in your line of thoughts!

Yes agreed and thanks for the reply :) oh just realized i posted this with no picture and cannot get one on i edit? oh well!