How can the global crisis affect crypto? - page 12.

AAlex48

member

Activity: 336

Merit: 12

Quote from: vasil777 on July 04, 2018, 03:50:16 AM

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 unstable economic situation is facilitated by the transfer of funds into the crypto currency.In order to preserve and multiply.

Sandeep24

newbie

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I think crypto market can help to resolve this problem permanently if all world will be supported crypto and worked on same platform then global crisis will be stop and economy will raise automatically.

Boss95rnd

member

Activity: 252

Merit: 13

The global fiat crisis will lead to more cash flow into crypto currencies market. Because when people do not trust in fiat they go crypto. But I hope there will not be another strong fiat crisis, because it will affect a lot of people.

democity

member

Activity: 303

Merit: 15

When the crisis comes, people will put their money in the bank, which is obvious. This will lead to a further reduction in the liquidity of encryption.

MaximusTime569

newbie

Activity: 29

Merit: 0

Coin will disappear, Market will collapse, Bring lots of disaster.

Launchpad748

newbie

Activity: 168

Merit: 0

Its so simple, Global crisis will affect everything as well as cryptomarket.

SimplifiedProgress49

newbie

Activity: 168

Merit: 0

If this happen large amount of coins will dead.

xenosaga

newbie

Activity: 111

Merit: 0

Quote from: nick_2017 on August 31, 2018, 10:09:03 AM

I think that a lot of coins will die if it happen. And maybe people start to use crypto instead of typical money. Also price of BTC can grow up in this situation. But nobody knows future.

In an economic crisis, it is possible that people would be pulling out their money from the investments that they made. Which will cause for the crypto market to again, come crashing down. Economic crisis is bad in any angle.

kenman

jr. member

Activity: 196

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WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN

Quote from: vasil777 on July 04, 2018, 03:50:16 AM

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.

in general it only means thouse who will posess more money could afford spending more on crypto development in their country. and don't forget about politics too

mambA98427

newbie

Activity: 196

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The economic crisis in Turkey showed that bitcoin will be popular in hard times. People want to save their money by investing in bitcoin

Happydd

sr. member

Activity: 630

Merit: 250

The global economic crisis has a huge impact on the price of bitcoin. Most bitcoin-producing countries have strong economies. Countries such as Japan and Switzerland are very interested in the field of electronic money and accept transactions in their daily lives.

nick_2017

full member

Activity: 490

Merit: 100

I think that a lot of coins will die if it happen. And maybe people start to use crypto instead of typical money. Also price of BTC can grow up in this situation. But nobody knows future.

kent47400

newbie

Activity: 210

Merit: 0

I think that there is no effect on cryptocurrency because the cryptocurrency is free from the monitoring of the BANK and Financial Institutions.
we can see the example in Zimbabwe that has experienced a monetary crisis and the Bitcoin there has no effect.

avonka

member

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I think that in case of economic crises crypto can be an exception and should not necessarily failing as big amount of Fiat can potentially enter the market.

blazsqd

full member

Activity: 462

Merit: 100

When a global crisis occurs, it certainly affects cryptocurrency, but not only cryptocurrncey, everyone will feel the impact, this is a very bad event, money will be lost in value and goods become expensive, and everything related to money will collapse. I can't imagine it.

waveswallet

member

Activity: 184

Merit: 10

It is a pity that this year's global financial crisis will not come due to human intervention. But the future may break out at any time. The next global crisis will lead to a surge in cryptocurrency.

Ceasar19

member

Activity: 142

Merit: 12

I think that if a crisis happen everyone will turn to crypto because it is decentralised and it is comanded by people they can pump the price if they like this is the reality that every one missed .

yrsat

full member

Activity: 364

Merit: 100

I believe that the economic crisis can have a positive impact on the crypto-currency market. People stop trusting traditional currencies and are more likely to accept alternatives in the form of crypto currencies. Crypto lives by its own laws, and global crises do not act like it in other spheres. This situation occurred in 2017 when there was a huge increase in bitcoin.

humjeulk

newbie

Activity: 40

Merit: 0

If something like overall crisis happened is will impact interestingly the cost of our altcoins yet we don't know whether it is get down or get higher. since we haven't seen it yet. as a rule overall crisis has particular class. case if a war breakout it will impact the cost in light of the way that less people are requiring it comfortable point.

norcia

member

Activity: 322

Merit: 10

Quote from: vasil777 on July 04, 2018, 03:50:16 AM

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.

Yes, the crisis will positively affect cryptocurrency, because many investors will come to the crypto market and invest heavily in crypto, and it will be even greater if that happens. But it can also easily have negative effects too, this will all be influenced by the thinking of the people of the world.

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