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Topic: How can the global crisis affect crypto? - page 15. (Read 19847 times)
There is an opinion of some specialists that in the case of a recurrence of the global crisis similar to that which happened in 2008, there will be many who will want to get rid of accumulated paper money, fear that they can depreciate and wait the end of this difficult time by investing all their money in the crypto currency, in particular in bitcoin. This will undoubtedly increase its value many times!
I think when there is economic crisis, more people would be involved in this crypto market and accordingly will grow.
It's completely different things.
It's similar like what the effect of the gold on diamond or financial issue ?
They are different asset because they have their own way based on their function.
But if you talk about personal wealth, cryptocurrency bring significant effect !
It's similar like what the effect of the gold on diamond or financial issue ?
They are different asset because they have their own way based on their function.
But if you talk about personal wealth, cryptocurrency bring significant effect !
The global crisis has led to a decline in stocks and a severe contraction of funds in the hands of investors, which will affect the enthusiasm of encrypted investors when they mature.
Another crisis would mean, the traditional banking sector will lose favor. People will drift towards crypto. People will lose faith in fiat, with eroding values and devaluing wealth. Look at Venezuela. People there have few alternatives with a worthless currency.
But we need to see how the governments put in the regulations. With funds pooling in favor of crypto I think another crisis will have people being more open about the alternate solutions
But we need to see how the governments put in the regulations. With funds pooling in favor of crypto I think another crisis will have people being more open about the alternate solutions
The global economic crisis can have a very positive impact on the cryptocurrency. People will start buying bitcoin if the dollar will be unstable.
I think it will positively affect cryptocurrency, because a lot of investor probably come to crypto market and put their savings in crypto and it will be huge if it happens. But also it could easily have negative effect as well.
In my opinion, the effect will be negative. People will not think about investing money in the cryptocurrencies that are very volatile. They will start to look for more stability and avoid any risks.
I think that if there is a crisis on the traditional financial market, then the crypto currency market will have a huge demand and popularity.
This is its advantage that it does not depend on traditional currencies.
All large investors and ordinary people will start buying up crypto.
This is its advantage that it does not depend on traditional currencies.
All large investors and ordinary people will start buying up crypto.
I think the crypto would definetely go down, especially ICOs and new pursuits would be impacted unfavorably anyway concerning bitcoin there would be no change, its cost can change, it would regardless succeed.
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.
This topic is very interesting for me, so I would like to hear your thoughts.
I Think if there is n economic crisis the crypto market is affected also like people will not prioritized imvesting into cryptocurrency because as we all know crypto is very volatile so I think money will be tight that some will chose to invest into something like gold or property rather than crypto.
Most people are panicking about the global crisis, but in the cryptocurrency market, many people may buy a lot of bitcoin for financial hedging, which will stimulate the price of the entire cryptocurrency, so I don’t think the crisis is Is a bad thing.
Very good question. If the world is caught in an economic crisis, I think it will accelerate the growth of cryptocurrency, which is currently the best safe haven.
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.
This topic is very interesting for me, so I would like to hear your thoughts.
I am not sure about this, surely there will be a big influence when the global crisis affects all stock exchanges including the crypto market, but of course there are many differences that will occur. and we hope there is no big effect on this industry
Since the crypto currency is not controlled by the governor and is not known when it will be legalized, I do not think that the global crisis is affecting. The market is completely independent, as it is available for almost any country. I am sure that as soon as people have money, after the crisis, the crypt market will also go up.
I think if there is a global crisis that the price of bitcoin will rise because Fiat money will start to depreciate and people want to keep the value of their money. Therefore, they will start buying cryptocurrency.
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.
Now it is not clear what can happen to the cryptocurrency in the event of a crisis, it can disappear completely or rise high. Although I personally think that the cryptocurrency will fall, but compared to the global market, the fall will not be great. This topic is very interesting for me, so I would like to hear your thoughts.
If economic crisis happen around the world, i think all kind of market not only crypto market will go down. Because money is not valuable day by day, people will try to keep more stable valuable item like gold or usd (in developing countries, usd is most stable valuable comparing to its own country money) Because all cryprocurrencies are not stable so it will be down to die. Only real products, real work of cryprocurrencies survive
That can happen, as is the characteristic of digital currencies, which is having things that are not real. If a crisis occurs then there will indeed be a bad situation and assets that have physical forms such as gold and USD will be a good choice.
But now we are just talking because the development of the digital currency is in a very good position.
I believe that now digital currencies can survive and hopefully there will be no economic crisis.
The global economic crisis will have an impact on all aspects of the world and it is not liked by everyone.
I feel that would give the digital currency showcase a major lift. Bitcoin is absolutely autonomous from other money related markets and most likely would be not influenced by any financial matters emergency.
hmm, here is a chance that people will invest in crypto too when the blood is on the streets. 1 BTC will be 1 BTC and noone can take it from you. for real
If economic crisis happen around the world, i think all kind of market not only crypto market will go down. Because money is not valuable day by day, people will try to keep more stable valuable item like gold or usd (in developing countries, usd is most stable valuable comparing to its own country money) Because all cryprocurrencies are not stable so it will be down to die. Only real products, real work of cryprocurrencies survive
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