Hi,
Up to now, Bitcoin hasn't gone through financial crisis. Maybe one financial crisis is near (look at financial market overvaluation)
in case of financial crisis, bitcoin price could
-collapse as big money people will withdraw from any investment,
-surge as BTC could be seen as an escape to current financial system
-remain stable
Do you think that in case of a major financial crisis like in 2008, bitcoin price will collapse, surge or remain stable?
thanks
Dont know why people are obsessed with Bitcoin becoming a bubble, Bitcoin has strong fundamentals most importantly it's decentralised, last time bubble happened cause it was centralized, and there was a greed, overly valuations and with Bitcoins it's not the same, there is no irregular valuations, people are adopting it, countries are using it. I feel it's prices shall remain stable and grow, might come down but not to much, year end low target 3800$ high 5000$. That's the price range for me. Plus with North Korea going berserk who knows how high it could go.