IMHO bitcoin has nothing to do with the world economy or the economy of a nation..
Bitcoin is a peer to peer electronic cash,it has no connection whatsoever with the government,if there is a global economic crash, then the only victims would be the FIAT currencies of our various nations
Bitcoin is at an individual level, that's why it's called a decentralized platform,free from the government and it's regulatory body and any economic meltdown whatsoever,it only affects individuals directly or the mass of users in general
The system can only be affected based on the demand and supply of the currency
Probably if there is 0 demand for the bitcoin,then that could signal the end of the currency(which is not going to happen)
Bitcoin would thrive even in an economic crash or meltdown
Topic: What will happen to Bitcoin if there is a global economic crash? - page 13. (Read 2789 times)
November 01, 2018, 05:57:12 AM
November 01, 2018, 05:49:10 AM
It is a bit hard to figure out what will really happen to Bitcoin price.
We could find an answer if someone could stitch these together.
What do you guys think will happen and why?
We could find an answer if someone could stitch these together.
- Gold price when crisis happen
- China's economy is already in a bear market for a long time, will they see a bull?
- World economy just hit an all-time high
- Crypto has not seen a 10yr cycle yet
- Satoshi started Bitcoin to avoid melt-downs
What do you guys think will happen and why?
Jump to: