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Topic: Can Bitcoin Save Investors? - page 2. (Read 375 times)

full member
Activity: 952
Merit: 104
August 07, 2019, 06:36:29 PM
#5
Bitcoin will only be a safe haven for investors if there investment are made in Bitcoin related business because recession in USA might not have up to 50 percent negative effect on Bitcoin.



Yes I agree with you, USA is powerfull country in the world but the effects is depends on the bitcoin supporters all over the world, is only the USA recession for bitcoin if possible.
legendary
Activity: 3808
Merit: 1723
August 07, 2019, 05:52:40 PM
#4
We have been hearing these "recession incoming" signals since 2010 and it still hasn't happened. There is always some economic that does some type of analysis and claims that there is going to be another 2008 recession and gets retail traders to short the stock indicies and they keep getting margin called because the stock market keeps going up.

Unless there is some massive economic disaster like the housing crisis back in the USA, I don't see a recession starting soon. Sure there are many auto loans which might default however autos are worth much less than houses and unlike houses they generally depreciate every year. Even if there is some massive auto loans crash, it won't affect the entire global financial economy like in 2008.

Don't read too much into these articles. They are just posted to get views and exposure but doesn't have any credibility.
copper member
Activity: 2940
Merit: 4101
Top Crypto Casino
August 07, 2019, 05:20:54 PM
#3
...

I think actually we can say thanks to Trump. If he can't MAGA at least he can MBGA.  Grin

- Talking negatively about Bitcoin: bad advertising is still free advertising, it creates people interest.
- The USA vs China and Chinese looking to save their wealth by looking for an alternative since the yuan has fallen
- The white house freezing Venezuela government assets in the US and the LBC trading volume increased in the country

and voilà! 30% easily Grin
The gold chart is also ringing the bells by the way


As for saying Bitcoin can save investors, I'm not sure if we can say it because the risk is still here
legendary
Activity: 2352
Merit: 6089
bitcoindata.science
August 07, 2019, 04:49:53 PM
#2
Bitcoin never saw a global crisis before. It is possible that its price will not follow SP500 or any other index in the case of a crisis, and it may behave more similar to gold.
In this case we all we have a nice opportunity: Sell some bitcoin and buy more stable assets with a huge discount.

This may be a game changer in my life =D
jr. member
Activity: 44
Merit: 3
August 07, 2019, 04:12:51 PM
#1
Recession indicators in the U.S. bond market just flashed their deepest warning signals since the period that led up to the 2008 financial crisis. Can bitcoin work as a safe haven and protect investors in the event of a U.S. recession?

https://bitcoinist.com/inverted-yield-curve-signals-u-s-recession-can-bitcoin-save-investors/
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