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Topic: How can the global crisis affect crypto? (Read 19809 times)

sr. member
Activity: 1050
Merit: 377
April 03, 2019, 10:55:40 AM
I think there are not so many options, either due to the global crisis, people will deposit money into the cryptocurrency in order to save their assets, or vice versa will withdraw money from the crypto market due to the general fall in prices.
sr. member
Activity: 910
Merit: 250
Proof-of-Stake Blockchain Network
I think it all depends on the news background, if people see good news and rising prices in the cryptocurrency market, then most likely they will invest their money, which means that the cryptocurrency market will grow.
hero member
Activity: 826
Merit: 501
2local[IEO] - https://2local.io/
What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
If a world economic crisis really occurs, I don't think cryptocurrency will survive. Because they are closely related to each other.
member
Activity: 462
Merit: 10
When global financial crisis , usually stocks market will crash and Gold will bullish and for Bitcoin also will bullish because BTC is gold 2.0, many investor will choose asset that have limited supply like gold and BTC to safe their value of investment from inflation of fiat.
full member
Activity: 420
Merit: 100
What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

If there is such economic crisis, Fiat will loose trade power and ensue panic. This may also likely cause a heightened dependence on cryptocurrency since its not regulated or determined by traditional financial systems and thus skyrockets the market capitalization since it now has massive adoption
The main thing is that at the time of the financial crisis, there was no next crisis in the crypto currency itself, otherwise there will be no new users and an influx of money, but if everything goes well, it can be very interesting and profitable for those who already own coins
full member
Activity: 350
Merit: 100
What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

If there is such economic crisis, Fiat will loose trade power and ensue panic. This may also likely cause a heightened dependence on cryptocurrency since its not regulated or determined by traditional financial systems and thus skyrockets the market capitalization since it now has massive adoption
sr. member
Activity: 448
Merit: 250
Stake & Vote or Become a IoTeX Delegate!
What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
As it stands now, fiat money is somehow consider as the backing bone of cryptocurrencies. So if the world is in an economic crisis, it will definitely have a huge impact on cryptocurrency. The market volume and cap of the top cryptocurrencies will experience some kinda drastic fall in its numbers.
full member
Activity: 602
Merit: 100
During global crises the capital always trying to be safe and not to lose value. This is why gold, silver are so popular as investments during crises. Cryptocurrencies  could  take over that role in the future as well.
member
Activity: 361
Merit: 10
kingcasino.io
there should be a lot of people or investors who understand as you say and many investors who feel afraid of price changes and decreases because they only see prices and profits
It's too soon to conclude the actions of investors like that. investors thinking more complicated, they think not only for the benefits that can be obtained, but how do they profit more quickly. efficiency in investing it's very important.
sr. member
Activity: 784
Merit: 250
If there is a global crisis, I think the price of bitcoin will go up dramatically, because the financial crisis will devalue the fiat currency in everyone's hands. So there will be a lot of people who will exchange their money for bitcoin.
there should be a lot of people or investors who understand as you say and many investors who feel afraid of price changes and decreases because they only see prices and profits
full member
Activity: 1064
Merit: 110
The question is quite controversial, because during all the general financial crisis, everyone is trying to save their assets, or transfer their assets to the area where they will not be able to fall in value. Therefore, a scenario is quite likely when large investors save their assets by transferring them to a cryptocurrency.
full member
Activity: 686
Merit: 100
It will either make money flow to crypto and make it pump Moon high... or people will have nothing to buy food for and none of them will invest to crypto at all  Grin
of course because fiat is down, crypto will also be affected because if the global crisis occurs, almost all currencies will fall including crypto.
and only Gold or the like usually remains stable in value.
member
Activity: 336
Merit: 10
Proof-of-Stake Blockchain Network
Recently there are a lot of rumors associated with the next global financial crisis. If it happens, then two options can happen with cryptocurrencies:
1. Large capital will begin to seek salvation and the opportunity to earn in them.
2. Cryptocurrencies will fly down after other global markets.

How do you think that is more likely?
member
Activity: 728
Merit: 10
Most likely, the cryptocurrency will be at its height during the global crisis. People will be looking for new assets for investment and will find a way out in cryptocurrencies. The cryptocurrency will be the currency of the future.
sr. member
Activity: 1092
Merit: 254
What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.


The crisis in the World happens from time to time, and of course it influence on different processes and economical decisions of countries on the world market and every individual personally. It depends on the type of crysis and how many countries it involves. As for crypto of course it may have a great impact on the crypto, lots of people may decide to be more thrifty.
sr. member
Activity: 896
Merit: 251
What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
My opinion is that it will not affect the crypto market, because this is the 4.0 period, everything needs to change to be better.
I think if there is a global crisis, crypto can be affected. in this case it is still in suspicion, because if there is a global crisis, many sectors will weaken and I think it can be very influential with crypto
legendary
Activity: 1722
Merit: 1014
It will either make money flow to crypto and make it pump Moon high... or people will have nothing to buy food for and none of them will invest to crypto at all  Grin
hero member
Activity: 1008
Merit: 500
What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
My opinion is that it will not affect the crypto market, because this is the 4.0 period, everything needs to change to be better.
member
Activity: 546
Merit: 10
Global economic crisis will definitely affect crypto because everyone would want to liquidate their crypto assets thereby forcing the market to crash.
hero member
Activity: 1820
Merit: 515
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What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
Definitely the price will get affected if there is economical crisis but decentralized entity may get recovered from that soon.
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