Post
Topic
Board Economics
Re: What happens to Crypto when normal stockmarket collapses??
by
noictib
on 28/10/2017, 13:09:05 UTC
HSBC sent an alert that there may be an imminent crash of stockmarket similar to 1987 Black Monday

https://www.rt.com/business/362618-stock-market-severe-fall/

If this happens again, what's everyones opinion on the effects on crypto? Would a bunch of burnt investors jump on board?
If it will happen then we should be taken it in positive ways Because here it is basic and common understanding that if the stock market will collapse and market will go down much then in that case people will.exit that field ( temporary or permanently depending upon loss ). So here full chances are that people will enter in the bitcoin trading market because many types of the altcoins which are available to buy and sell are like the different different companies but here the increase in the rate depends upon the demand only that is possible easily to predict upon the coin's team activity  and also our experience can tell easily that which is better option of the investment .
So here all over the people will get into cryptocurrency field which is similar to stock share market  and this will grow the future of the cryptocurrency .