Post
Topic
Board Speculation
Re: Bitcoin price and financial crisis/downturn
by
btvGainer
on 05/09/2017, 12:40:07 UTC
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







One thing that will safe bitcoin from falling too much is that lits of people want to buy it for first time and any big price fall and they will start buying it.