How will a resurgent stock market affect coin prices?

lathmach

I received my quarterly account statement from Fidelity today, and my mutual funds are up more than 25% in just the last three months.
It got me thinking.
Coin prices haven't really crashed, but most people agree the coin business is real weak.
What will happen if a significant amount of money begins to leave the coin market for the stock market where a larger and quicker profit may be thought possible?
Is a real crash probable in coin prices, or is the "rising tide lifts all ships" effect going to bouy up the coin trade?

Ray

ambro51

...uhhhhh your account is showing you how well a dead cat can bounce. We will be back under 8000 by the middle of next week.

Its not over............

PerryHall

If there is a resurgence in the stock market, some people who put money into expensive inverstor coins as a safe haven will dump those coins and jump back into the stock market.

jhdfla

<< <i>I received my quarterly account statement from Fidelity today, and my mutual funds are up more than 25% in just the last three months.
It got me thinking.
Coin prices haven't really crashed, but most people agree the coin business is real weak.
What will happen if a significant amount of money begins to leave the coin market for the stock market where a larger and quicker profit may be thought possible?
Is a real crash probable in coin prices, or is the "rising tide lifts all ships" effect going to bouy up the coin trade?

Ray >>



Ray, I'm thinking the latter, we may get a nice pop this week from the financials, GS and BAC in particular. Some of us depend on the market for our "play" money

john

yellowkid

I can't believe there is enough money "stashed" in rare coins to have any effect at all on the market.