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Topic: Will Financial Crisis Affects Altcoin + Bitcoin Market? (Read 542 times)

member
Activity: 75
Merit: 10
Financial crisis is very good for Cryptocurrencies. And we will see soon a crisis bigger than the 2007 crisis. In recent years, there is no growth, central banks have only printed money. The financial crisis is huge. I also believe that we will see many wars in the world in the future.
legendary
Activity: 3150
Merit: 1069
Financial crisis will affect every economic sector but that effect would be least of cryptocurrencies.
Cryptocurrency being a global assest with no tax, would act as a buffer for economy in the future.
We have seen Russian buy a lot of bitcoins when the Ruble suffered.
sr. member
Activity: 658
Merit: 255
Yes because the money coming here matters. If there is a financial crisis, people start to cash out their coins to pay for their expenses so market cap will decrease significantly. This is only a simple view.
sr. member
Activity: 756
Merit: 256
HEX: Longer pays better
Bitcoin and all altcoins actually they LOVE financial crisis.
Similar to GOLD prices. checkout GREXIT and BREXIT timelines.


This, when the next crisis comes it will be really profitable for crypto holders.

Does this means the price goes up? I mean do we consider virtual coins as a good assets investment?


Yes, you are right if the financial crisis comes, you have to invest with virtual currency, because if investing in virtual currency you will never get involved in financial crisis because many people who experience and move prefer virtual currency like Bitcoin or Altcoin.
Cryptocurrency can't means as virtual currency, so this is reason in first time the community Bitcoin not call Bitcoin is virtual currency and set the name for it's cryptocurrency. If you say crypto (cryptocurrency) is virtual currency, you will means it as credit, gems or other value in games Wink
sr. member
Activity: 364
Merit: 250
Bitcoin and all altcoins actually they LOVE financial crisis.
Similar to GOLD prices. checkout GREXIT and BREXIT timelines.


This, when the next crisis comes it will be really profitable for crypto holders.

Does this means the price goes up? I mean do we consider virtual coins as a good assets investment?


Yes, you are right if the financial crisis comes, you have to invest with virtual currency, because if investing in virtual currency you will never get involved in financial crisis because many people who experience and move prefer virtual currency like Bitcoin or Altcoin.
hero member
Activity: 1568
Merit: 511
Bitcoin and all altcoins actually they LOVE financial crisis.
Similar to GOLD prices. checkout GREXIT and BREXIT timelines.


This, when the next crisis comes it will be really profitable for crypto holders.

Does this means the price goes up? I mean do we consider virtual coins as a good assets investment?

sr. member
Activity: 687
Merit: 301
Bitcoin and all altcoins actually they LOVE financial crisis.
Similar to GOLD prices. checkout GREXIT and BREXIT timelines.


This, when the next crisis comes it will be really profitable for crypto holders.
legendary
Activity: 950
Merit: 1000
Bitcoin and all altcoins actually they LOVE financial crisis.
Similar to GOLD prices. checkout GREXIT and BREXIT timelines.
hero member
Activity: 1568
Merit: 511
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