Quote from: Godric-Gryffindor on February 07, 2018, 07:45:03 AM

Quote from: PatronRH on February 07, 2018, 06:18:12 AM

Im conducting a school research about economy and I chose to talk about bitcoin. The subject is how does bitcoin affect the world's economy?

Bitcoin has no direct effect on the world's economy, however, I believe Bitcoin price direct affect stock and other indices with few exceptions, to forex, to push the majority of investors to heavy sell, the last phase of fourth quarter. Heavy buy and selloffs happened because many investors want shorter gains, but doesn't affect bitcoin long-term possibilities, I think.

Well I believe that the bitcoin is really a great big help on the economy specially to those people who really need an extra income to survive because the world now is really suffering from poverty and the bitcoin is their way or maybe an asset of gaining a huge amount.