Post
Topic
Board Economics
Re: Big Crash coming
by
xIIImaL
on 22/12/2016, 18:06:15 UTC
I shall weigh in my 1 satoshi worth of opinion here:  it isn't just bitcoin that's survived 2016 intact and strong... look at the British pound and US dollar, each not just surviving their respective "catastrophes" of Brexit and Trump victory but pulling impressive numbers.

Globally, the slump from the oil euphoria of 3 years ago still hasn't quite taken hold.

Instead, economies in Asia took a battering, taking quite a lot of people by surprise.

So in 2017? I think is a year of consolidation.

I do not think any crash would coming in future and as you said many countries are struggling around the world safe guard their economic status with the cheap fiats but we are world's best stock bitcoin. If crash comes also it would not be permanent.