Post
Topic
Board Economics
Re: Turkey’s economic crisis can trigger the next crypto bull run
by
coldplay3r30
on 29/08/2018, 02:22:49 UTC
Hi;

As being Turkish citizen I am not buying more crypto assets. Especially I prefer to keep my fiat in € and $ currencies instead of crypto money for risk diversification. I don't think this current situation going to be trig another bull run but this crisis going to be deeper for sure.

Kind regards

Indeed, the Turkish community is not yet familiar with crypto currency, so to keep their money in the bitcoin currency is still very little, so there is no significant effect on increasing the price of bitcoin, a big jump that I think comes from China because they compete in trade with America

China wants replace the dollar with other currencies to reduce pressure from the American side, and cryptocurrency has the potential to be used by China to replace the dollar, and if this happens, it can be ascertained that there will be very high. price hikes.