Post
Topic
Board Altcoin Discussion
Re: How is Crypto affected by Geopolitical uncertainty/events? Better or Worse ?
by
BartS
on 15/04/2017, 16:52:45 UTC
Heya,

In the situation where we have a big world event (war, financial crash... etc) what are your thoughts on where Cryptocurrency fits in?.  In stock trading, people move to safe havens such as commodities like Gold.  Not something I like to think about or wish on any of us, but I'm curious for a dialogue on whether you think people would opt to withdraw into Fiat or other safe havens or whether new investors would flood to Cryptocurrency?




Cryptos are not in a bubble so all the coins are subject of world events, if there is an economic crisis I think bitcoin will behave well for people like us that are already invested in bitcoin since people will look for a safe place to store their money, but in the case of a world war crypto will perform poorly.