Quote from: CryptoBjorn on June 30, 2016, 07:13:26 AM

Quote from: bbc.reporter on June 30, 2016, 02:06:29 AM

Anyone have any thoughts on a global recession happening? Brexit obviously a huge deal, and people are talking about the breakup of UK and European Union.

Obviously, times like these make people very happy about having cash reserves to take advantage of opportunities. Anyone have any thoughts on the next 6-24 months? And how would this affect the bitcoin economy? Would like to hear some thoughts/opinions.

It's not just EU, China is in big trouble too since
Asia/Middle east got problems with the low oil prices, which make the rich oil countries go borrow money..
US > A potential Trump threat <-- this seems to be the biggest problem of them all
Brazil > corruption

So yeah quite some things are going on which are influencing the market. I think the reason bitcoin isn't booming, is that investors are scared, and not sure what to do and retract to the safe gold.

By saying "bitcoin isn't booming", are you referring to just the price? Or the bitcoin economy as a whole? I ask because I have seen a couple of comments that btc is akin to gold as a "hedge or safe haven" in case of an economic crisis happening. What is your take on this?