What's the impact to Crypto Market if we meet global crisis again?

stayeduptolate

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Quote from: xiangyi on May 30, 2018, 06:38:41 AM

Could anyone help to analyse what's the impact to crypto market if we meet global crisis again this year or next year? In the situation that the crisis will be even larger than 2008.
As is known in 2008, the global economy meets liquidity problem, hedge funds and banks sold their positions to get money.
So if we meet crisis, shall we assume that these institutions/individuals will get money back from crypto market first?

What I believe is that if we ever meet any global crisis then crypto will be the only help that would help us not to sink as I believe that bitcoin and all crypto currencies too are very sustainable crypto currencies and they all has proved their existence since the year they were introduced so no doubt crypto will be the only source to overcome the global crisis because it has that potential as it has provided employment to millions of people and even increase the GDP of all those countries in which it is introduced and legalised.

shadowdio

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Zawardo

If we hit global economy crisis again that's a big impact in the crypto market of course the crypto market will face crisis as well. Many of us will withdraw our money because we think the crypto prices will also down, it's a massive panic sell you know.

Carney Nicholass

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Financial crisis is never good for anything, particularly for cryptocurrencies which haven't been regulated by governments yet. As for regular money, government can raise domestic interest rate or other methods to prevent national currency values from collapsing. But Bitcoin, confronting with the crisis without any regulation, may witness a mass selling and a downfall due to rising fears of risks and income dropping. The cryptomarket will face up to a catastrophe.

Pamela Medeiross

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Global economic crisis is supposed to happen periodically. Although it hasn't happened yet, some experts show several potential signals of the next crisis. If it really happens, not only cryptocurrency but the whole global economy will be hit. I can see a not-very-bright prospect for cryptomarket. Investors will be more vigiliant due to lower income. They may massively sell coins. All these things will come as an awful shock for Bitcoin.

tikanima

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The global financial boom is entirely possible, regardless of what you expect, Bitcoin is not a bubble, it's a financial boom. With the advent of financial transactions Bitcoin has been decentralized even when electronic money is at its infancy.

debopam.chanda

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I think it would have a negative impact on crypto market being a highly sensitive market and fluctuating highly even for a small negative news. And with such a big financial crisis,i think that crypto market would crash. It also depends on the timing of crisis, say if it comes in next 3-4 years, it will hugely have negative impact. and once again people would run towards gold if an economic crisis happens.

poplolnman

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Quote from: castellodocet on June 06, 2018, 04:22:18 PM

The cool thing about cryptocurrencies is that they don't obey to the physical market. It won't be effected at all, obviously if we don't have anything to invest that's quite useless, the most anticipated idea is to build a backup now, for those dark times that I hope will come really past in the future

Wrong , such thing would have a significant impact. Even cryptocurrency could be the first to get sacrificed, considering its easy way to access your money and convert it to fiat , I pretty sure the market would going down massively, drastically at once with the economic global crisis situation l

p4npos

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I fear that if we have a global crisis again, then cryptocurrency market will have the same fate as the other markets. People will fear for their investment and will try to pull out from the investment. They will sell their crypto which will have a chain reaction.

soltantgris

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i think it can be, people will be need food, real money, so they sell bitcoin for low price, crisis end and bitcoin grows up

markiplier.jack

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In case of global crisis, investors sentiment will get very much affected making them cash out as ppl will look for savings and other options to hold liquid money. This will affect the fiat and crypto market both. And without any regulators it might become difficult for the crypto to hold on a better value after the shock,

ClarenceDo

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If this kind of thing happens then it will affect the whole crypto market as well as the users like us too.

timerland

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It really depends on the scenario. However, since bitcoin is one of the only major currencies that aren't really affiliated with any sort of credit bubble or central bank, I think that there is a high likelihood that bitcoin will outperform a lot of other asset classes.

If we're talking about inflation, as in Argentina and Zimbabwe, then bitcoin obviously would serve a vital role for adopters in countries affected, since it is proven to retain its value even in these circumstances.

What will happen to the rest of the crypto market is unknown. But all in all, I think bitcoin will definitely hold its value steadily in these scenarios, if not making gains of some sort, due to the depreciation that fiat undergoes in certain scenarios.

Rozita

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I think any thing bad happen to stock market or any traditional market can cause crytpocurrencies especially bitcoin to rise. If people decide to move their money from stock market, for sure cryotocurrencies are good choices.
If I don't want invest in stock market there are some other options and bitcoin is one the best ones.

Colt22

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Quote from: xiangyi on May 30, 2018, 06:38:41 AM

Could anyone help to analyse what's the impact to crypto market if we meet global crisis again this year or next year? In the situation that the crisis will be even larger than 2008.
As is known in 2008, the global economy meets liquidity problem, hedge funds and banks sold their positions to get money.
So if we meet crisis, shall we assume that these institutions/individuals will get money back from crypto market first?

There are more investors in that market who invest only in crypto and many of them are in stock exchange and as they also know and the new comers will know that bitcoin and crypto market is decentralized market so they will just withdraw their money from stock market ad they will put that money in bitcoin and other crypto coins so in that condition the crypto market will have a very good impact and that will make more users of bitcoin.

samcrypto

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Quote from: castellodocet on June 06, 2018, 04:22:18 PM

The cool thing about cryptocurrencies is that they don't obey to the physical market. It won't be effected at all, obviously if we don't have anything to invest that's quite useless, the most anticipated idea is to build a backup now, for those dark times that I hope will come really past in the future

Of course there’s an impact whether its negative or positive, we cannot say it unless things happen. If there is a global crisis again I think many investors will come because they think crypto is safe from that crisis or people will convert their cryptos to fiat money so they can secure personally their money. So basically there is effect of global crisis in everywhere and it will depend on how people react on that situation.

castellodocet

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The cool thing about cryptocurrencies is that they don't obey to the physical market. It won't be effected at all, obviously if we don't have anything to invest that's quite useless, the most anticipated idea is to build a backup now, for those dark times that I hope will come really past in the future

radjie

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surely it could affect the crypto market if the global crisis occurs again, one of which the market price correction will occur for all the crypto currency because basically the value of cryptocurrency is still dependent on the financial system and can cause a sharp price reduction on all existing cryptocurrency

asdep

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I think the economic crisis will have an impact on crypto, because in times of economic crisis, people are more likely to hold their money, and not be used for less important things. In times of economic crisis, bitcoin investors would have been reduced.

THATBTC

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Quote from: Uno17 on May 30, 2018, 07:01:36 AM

If there will be global crisis again, automatically everything is affected too even crypto market that has no actual body form. Crisis is everywhere and universal when it strikes. Market will fluctuate together with the world crisis and of course inflation and deflation is expected to happen anytime and affect all our economy. Crypto might possibly collapse as well, hope it won’t.

Yep, it is too hard to predict

CoinstarF

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Quote from: Pursuer on June 01, 2018, 07:18:53 AM

there will definitely be a huge rise in bitcoin price as there will be a huge wave of people coming in to dump their money for the only decentralized currency that nobody can control and is secure enough to store their value.

additionally I think for at least a short while we may see an altcoin pump as some will be fooled into investing in altcoins thanks to the advertisement but I doubt that can last long because all the pumpers will want to go back to bitcoin and store their money there in case of a crisis so we may see a total destruction of altcoins after a couple of months.

Crypto market will not be affected we can stilll hold and hide our. Coins in the ether wallet want for the market to recover .
L

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