We don't know exactly what will happen because this will be the first time BTC will face a real and huge crisis
I can speak to myself only, and I pretend to keep my coins untouched, holding for a long term, I will not sell, but I'll not buy more coins, I'm satisfied with my ammount of cryptos at the moment
And in a time of crisis I think it's better to diversify, so I need to have more kind of investments
Topic: x - page 2. (Read 298 times)
I do not know why OP is posting same topic in different boards.
Well, at least this is clear, look at his post history and his signature - because of more promotion, more visibility.
FED knows how to control the money. It's the people (us) are too dumb to understand the process of money. USD is not backed by anything but all other currency is backed by USD LOL
Some of the most powerful countries in the world are not happy with negative interest rates, in Germany for example politicians are looking for ban of such practice, and Trump is saying that he do not like to see such thing in US. Problem is that some investors invest around "$15 trillion in government bonds that offer negative interest rates.". Something like this is insane, but it's happening.
This financial insanity is overtaking the world because bond prices are skyrocketing as stock prices are tanking. As more money flows into bonds, their yields go down — even below zero in some cases.
I don't think the recession had anything to do with bitcoin creation at that time. Bitcoin was created because of the need to have a personal control to role over your assets in my thinking. After the so called recession, it took bitcoin a whole lot of time to get to the value it is now...
Bitcoin didn't even exist in the last recession...
Anyway, I think Bitcoin is holding somehow strong for now. Stock markets all over the globe are bleeding and national currencies are devaluating. I have faith that Bitcoin is suffer, but not as much as many developing countries
Anyway, I think Bitcoin is holding somehow strong for now. Stock markets all over the globe are bleeding and national currencies are devaluating. I have faith that Bitcoin is suffer, but not as much as many developing countries
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I do not know why OP is posting same topic in different boards.
We can only speculate about this question, since Bitcoin is born at the beginning of a major economic crisis, there is no situation like this one that is approaching.
You never know. Here is what I wrote in the other topic:FED reduced the interest rate 1% in 2000 resulting 2008 recession, financial collapse. I read few days ago that they (banks) are planning to give negative interest loan which means if you take a loan now then you pay lesser amount than the original loan. If they do this kind of things then after a decade or few years, we will be seeing another recession.
FED knows how to control the money. It's the people (us) are too dumb to understand the process of money. USD is not backed by anything but all other currency is backed by USD LOL
FED knows how to control the money. It's the people (us) are too dumb to understand the process of money. USD is not backed by anything but all other currency is backed by USD LOL
We can only speculate about this question, since Bitcoin is born at the beginning of a major economic crisis, there is no situation like this one that is approaching. There are very conflicting opinions about how a possible new recession will affect on Bitcoin, from those that it will be hit like everything else, and experience a big drop - to those who say Bitcoin will actually prosper and experience a great boom.
Thinking logically makes sense to believe that Bitcoin is much better then fiat, gold, real estate or something similar in a recession. But on the other hand, the only way to find out if this is the case is to see it with a real example. I would say it will be one big test for Bitcoin, perhaps the biggest so far.
Thinking logically makes sense to believe that Bitcoin is much better then fiat, gold, real estate or something similar in a recession. But on the other hand, the only way to find out if this is the case is to see it with a real example. I would say it will be one big test for Bitcoin, perhaps the biggest so far.
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