Topic: What would a US recession do to the price of Bitcoin? (Read 397 times)

I didn't know that Buffett was accumulating dollars, I think the most convenient thing for his way of thinking is to buy gold, but if he is doing it, that is another thing, He believes that perhaps due to Trump's mandate the dollar will take on a great value. As for bitcoin, I don't think the effect has been negated. Bitcoin does not obey the economic rules of an economy based on the lie of a backing , so I don't think it will fall apart, on the contrary, it will take on much more valueThis year I hope that bitcoin reaches $100k,  I hope that in the 4-year cycle it can reach its highest price It is difficult for it to go down much, if it goes down in price at all.

If this is not the right time to buy bitcoin, I wonder for those who have never been in the market and are thinking about investing in bitcoin, when is the right time for them?

Many people make the mistake of investing, they only look at price and ignore factors like supply, capitalization and use case...But in my opinion we should do a comprehensive assessment to know the real potential of bitcoin instead of just looking at its price and saying it is too high to invest.

Bitcoin ETFs are still buying billions of dollars every day while retail investors like us are scared, which is baffling. Not to mention that as far as I know, less than 10% of the world's population knows about and invests in bitcoin, all of which shows that investing in bitcoin at this point is even considered early.

This move has sparked concerns that Bitcoin price may take hit as millions of investors face job losses or uncertainty and leading them to liquidate their crypto holdings. Reasoning is simple when people are struggling financially they tend to sell off their riskier assets like cryptocurrencies to cover their living expenses. However there is another side to this story. Investing in digital currencies during tough times can actually be beneficial. It is worth noting that Buffett strategy is focused on long term growth other than short term gains. His thinking to look on building cash reserves which can provide a safety net during economic uncertainty.

Totally agree: the US economy right now is very strong and all of the indicators are very, very good. Hence Bitcoin, cryptos, and the stock market are all doing great.

Today Bitcoin and cryptos generally are mainstream investments driven by average US retail investors. Bitcoin has never weather a US economic storm in this context. I don't think you could compare, for instance, a time when Bitcoin's market cap was <$1B and held by a few thousand early adopters.

Just look at how the Fed and American banks are in making decisions. The interest rate cut by the FED is good news. This condition indicates that there is an improvement in economic conditions in America. The problem of inflation, employment, has improved so that the Fed dares to take the decision to cut interest rates. In that period I saw a very good response to the Crypto market, especially Bitcoin. Bitcoin has experienced a significant price increase. So I think America and its economic state they have a big impact where crypto will go.

IMO

There's more and more evidence--to the point that it's overwhelming now--that consumers simply don't care about "decentralized". Indeed, I suspect most Bitcoin owners these days don't even have the first clue as to what that word even means.

To most Bitcoin buyers today, Bitcoin is this thing you buy on some app, or a security you buy in your brokerage account. There's nothing even remotely "decentralized" about this.

And pretty much only core Bitcoin today is actually decentralized. Most of the rest of the marketplace are centralized blockchain coins like ETH or XRP--and consumers clearly don't care.

And Elon Musk pushes DOGE, not Bitcoin; Trump pushes Trump's coin, not Bitcoin.

The protocols will still exist in a way even if they are not in their original form. Evolution will surely take place.

There is nothing that is exceptional to replacement or innovation and Bitcoin is not.  It takes one mind to sit down and a create a new standard, one that will prefect the protocol or replace the existing as a new technology.

No doubt that IRC does exist. In skype, HexChat, IceChat, Pidgin and Smuxi you can add IRC software in windows and have an anonymous chat.

Those who say the Bitcoin protocol doesn't exist they should also think about decentralized. In as much as there are influence by devs in the Bitcoin core and influences from top men (US president, social influencers like Elon Musk) there is still a limit to how they can influence the technology.

I have to disagree I believe there's no wrong time to buy, the people buying mightn't have had, spare cash when the price was low but only got some cash presently. There are those that are only now getting convinced about the potential of Bitcoin so they're buying. Some are investing for the future as they plan to buy and hodl for as long as they can, neither of this people are making a mistake buying Bitcoin presently. The only mistake that they can make is when they sell too early because of the market falling and they get scared.

The president elect Donald Trump also made many people to hear about Bitcoin and this might be their first time getting to know about it since it was mentioned and trending during the campaign period. We shouldn't discourage them from buying saying we're at the top, the market can rise further for this bull season and will increase more in years to come.

In the long term the price difference between now and a month ago will be a rounding error.

The thing with Bitcoin is that it is unstoppable. Companies will come and go, but Bitcoin will continue to exist.

Think about email. It is still relevant because there is no company attached to it. All the other platforms will cease to exist eventually.

Think about IRC, it still exist, even though there are multiple companies trying to do chat.

All these are protocols, so they will continue to exist far beyond what any company can survive.

Nothing is certain when it comes to the future, mate. I appreciate Trump in boosting the economy because he is a businessman, he knows how to boost and develop the economy. But it will all depend on the health of the economy when he takes over, if the economy is in a bad phase or on the brink of recession then he will hardly be able to restore the economy quickly. Not to mention, he is not the only one deciding the fate of the US economy, the Fed is also a very important factor and you need to remember that they do not follow the orders of the president.


We are bitcoin investors so we are definitely biased towards it, but let's be realistic, it is still a highly volatile investment so it would be at a disadvantage if a recession were to occur.

It definitely wouldn’t be a good thing in general but in the foreseeable future, especially with Trump going into office I think it’s safe to say that the US won’t be going into a recession. And even when we do I feel like bitcoin would be the last thing folks let go of easily.

Deep state is likely moving a lot of cash off shore

They printed so much now they are stealing it.

Once Trump and Elon take control it will be lights out

For the old guard of scammers, they ain't getting the House or

Senate back for probably atleast 8 years, could be 20

Price will likely fall back long term, all depends on how

Much Debt the US keeps accuring and the timing of the Ponzi

Real Estate market and Stock Market Collapse

Very well the best time to sell your bitcoin is at an all-time high, and the worst time to buy bitcoin is at an all-time high, when it comes to bitcoin, we. all need to put some smart skills at work in other to remain at profits, this is a very important lesson that any bitcoin investors should have, since bitcoin is valued with it dollar rate, is very important to know how to apply the various bitcoin Dollar 💰 value and applying that to both your buy and sell price.


Buying Bitcoin at an all-time = high losses/waiting for an unpredictable time

Selling bitcoin at an all-time high = profits for those who bought bitcoin at a lower price.

In reality, buying bitcoin at this point will depend on the individual because not everyone has the opportunity to enter the market as early as we do. Many people have only heard about bitcoin in the last few weeks, how can they buy bitcoin from a month or more ago? If they don't buy now, when is the right time to buy and what guarantees that the price of bitcoin will drop to $70k or $50k for them to buy? At current prices, this is not a perfect time to buy bitcoin for old investors but for newbies, it is completely different. So, it depends on each person's decision.

But I also won't give investment advice to anyone at this point but I won't stop them if they want to invest.

Honestly, now is the wrong time to buy Bitcoin. Anyone who is buying now should've bought a month ago.

Although, if you are looking to sell off some of your holdings to get some cash, now is a good time. I just sold about $500 worth of BTC. Zero regrets whatsoever. (And I still have a huge stash.)

It's not a speculation anymore though, US has been experiencing recession for a couple of years now and in that duration we saw that it creates sell pressure on bitcoin preventing its rise. But that was not just US in recession, but most of the world was also in recession which meant the sell pressure was global and it caused the drops which is why bitcoin is still below $100k after all this time.

In the future, more recession which they only would battle by increasing interest rates in the US, would similarly cause sell pressure and can affect the bull run.

The only two other things to consider are:
1) Will it be global? In your arguments, the recession is in US only and as long as it remains that way the impact on bitcoin is not going to be as big as it was before.
2) Will there be inflation as well? All the deportation (firing bulk of US workforce) and the tariff war would create much higher inflation compared to the past couple of years in the US. We already know inflation positively affects bitcoin by increasing its price.

On top of that we have dedollarisation going on and with Trump and his wars against their world (specially now that we have seen some of his cabinet members who are the biggest warmongers in America) we can be sure that dedollarisation will speed up which can lead to US dollar tanking hard.
Obviously that means bitcoin price shooting up automatically.

Warren is fearful when others are greedy, and he is greedy when others are fearful. Simple as that.

Warren's just following his old philosophy when many are still euphoric after Trump's winner in US election, then he took advantage to sell his asset at peak.

As for the recession impact to the Bitcoin, the recession will cause bitcoin's price to slip. It's obvious. I meant, during a recession, people will do anything for money. The best way is to sell bitcoin, their most liquid asset. It took a few seconds to exchange your bitcoin to cash.

He is often right, but whatever he chooses to do is his choice. It was said he had already cashed out his stock holdings, but I don't think he has piles of cash at home or in his home vault. For someone who has been making money in trading, I think he already is into Bitcoin he can't just make it public.

A rich guy like him would probably fly somewhere else if the recession comes, maybe he would turn his money to gold or invest in China stocks.

In my opinion, you have formulated a very important question. It is very difficult to give a clear answer to this question.

If the US recession is in 2025, when exactly will it start? In the middle of the year? Somewhere in May 2025? What will the price of Bitcoin be at that time? There are still six months until May 2025. During this time, the price of Bitcoin can double. From these levels, there can theoretically be a correction. At the same time, we cannot clearly answer whether a recession in the US will lead to an increase in the price of Bitcoin or to its fall. A recession in the US will definitely lead to a fall in oil prices and an economic catastrophe in countries such as Russia and other peripheral countries. The US will most likely suffer less than others. At the same time, the price of Bitcoin, as a rule, has an inverse correlation with the price of oil.

Therefore, in the medium term, it may even grow (although short-term panic falls in the price of the first cryptocurrency are also possible).

The opposite might happen seeing Bitcoin as their source of income.  People losing jobs may redirect them to trading, and get more engaged with Bitcoin activities.  Rich people might find Bitcoin as safe haven for their declining US dollar purchasing power and might put their funds into Bitcoin just to preserve their wealth.

Since the dollar purchasing power is declining, Bitcoin price might reach its new height since it will become more expensive as the dollars weaken.