Markets dropping precipitously! Bitcoin crashing

[Roland99]

https://www.marketwatch.com/story/dow-falls-to-intraday-low-to-start-thanksgiving-week-boeing-delivers-biggest-blow-to-blue-chips-2018-11-19

Was -300 when the article posted.

DJIA is -382 right now.


Also:

Bitcoin tumbles below $5,000 as meltdown continues
https://www.marketwatch.com/story/bitcoin-tumbles-below-5000-as-meltdown-continues-2018-11-19

[gratuitous]

1. Didn't Trump get any bump at all in rake futures?

Sad!

[Hortensis]

18. I expected a big run-up in leaf bags by those thinking ahead.

[empedocles]

22. Humor really helps

Thank you all.

[elleng]

2. @ 12:02 p.m.

S&P 500
-1.21%
Dow
-1.22%
Nasdaq
-2.15%

[The Velveteen Ocelot]

3. Buy stock in hardware and landscape equipment stores.

[Tommy_Carcetti]

4. You mean investing in online Monopoly money might not be a great decision after all?

Who knew?

[California_Republic]

6. +1

My vapor money go bye bye

[Blue_Tires]

5. Tried to tell y'all...

[empedocles]

7. Bitcoin down 75% off highs

Bitcoin not so good as a good currency which provides a store of value, preservation of value, stable measure of value, reputedly backed, etc.

Bitcoin is a rw favorite - so if they get burned?

[Brother Buzz]

10. Hopefully the right wingers can still buy two large Papa John's pizzas for 10,000 bitcoins

[ffr]

14. Or some of that nasty RW Chik-fil whatever it's called.

Gross!

[Amishman]

26. Politics aside, chik fil a is consistently one of the cleaner, more organized fast food chains

I eat there when on road trips mostly because they are consistently clean and competently staffed, probably because they pay their employees better than most fast food.

[ffr]

31. Survey: 88% Of Evangelicals Consider Eating Chick-fil-A A Form Of Tithing

“Most of those who took part in the survey said that shoveling down a Spicy Chicken Sandwich or Chick-n-Strips from Chick-fil-A while zesty buffalo sauce dripped down the side of their mouth was equivalent to, if not altogether more spiritually beneficial, than the traditional form of tithing,” said head researcher Pastor Douglas Williams.

“This is not a complete shock to us,” Williams continued. “In fact, we first conducted this survey based on the assumption we had that many evangelicals who choose to skip Sunday services, felt less guilty if they had at least been able to make it to Chick-fil-A sometime that week.” - EyeoftheTiber.com

Something feels wrong in my opinion.

Personally, never eaten there and never will.

[empedocles]

20. At 1:35 djia down 479. Nasdaq down closer to 2%, which seriously correcting.

[Amishman]

27. To be expected, Bitcoin crashes 60-90% after peaking. It has a crazy boom/bust pattern

It's still up 15x from where it was two years ago.

My brother-in-law convinced me to put some money in a month ago (Bitcoin, Ripple, Ethereum, Eos, and Tezos)... So of course it drops more.

[lindysalsagal]

8. Anyone know why?

[Roland99]

9. Some detail in the article in the OP. Boeing and Apple and the housing sentiment report

[qazplm135]

11. at what level would it be smart to buy bitcoin again?

Or has that ship passed forever?

[yardwork]

13. It's never wise to invest in shadowy virtual currency.

There's no way at all to know how the price is being manipulated.

[qazplm135]

16. well I'm not talking large amounts

but if it dropped down to say something crazy like 100 bucks...throwing say 10K bucks at that wouldn't dent my savings much at all.

[Polybius]

23. I don't know if it'll ever go that low again

How about Litecoin? It dropped to just $36.41 at the time of this reply. It was like $330 last December.

[ret5hd]

28. We are so impressed.

[qazplm135]

30. what was the point of that response?

Am I supposed to be ashamed that I have scrimped and saved enough over 30 years of work and military service that I can afford to invest 10K dollars without being too affected if I lose it all?

Because I'm not.

[ret5hd]

33. Here ya' go...another investment for your vast wealth:

https://www.dinarinc.com/why-you-should-buy-iraqi-dinars

[qazplm135]

34. so you are just generally

a nasty person, got it.

[Roland99]

17. $0.01

[Johnny2X2X]

12. Trump tax cuts ended the Bull Market

Since the day (January 2nd, 2018) the tax cuts went into effect the market is flat. His tax cuts killed the bull market.

[Wounded Bear]

32. Yeah, all the up and down has been largely noise...

the raw numbers seem big, but percentage wise it hasn't been swinging that much.

If it hits 2% in one day, that could be ominous. If it doesn't recover by the end of the week, it could be a problem. At least it's a short week, I guess. Although that could work against it.

[gibraltar72]

15. Bitcoin Tulip Bulbs.

[empedocles]

21. Back in the day, the right tulip bulb could buy a complete farm in tulip country.

[Hortensis]

25. And later, many bulbs still retained their cache, so

that our first settlers, leaving Europe forever, tucked a few impractical favorites, including a few new and fashionable treasures, into precious space to bring bits of civilization with them as promise for the future. Most died out, but some have naturalized and are in pastures and gardens today.

[JCMach1]

29. All value is relative... Got any of that AOL stock?

[Achilleaze]

19. #TrumpSlump (R)

inevitable

[Roland99]

24. New daily low ... -504