Quote from: sodalime on December 10, 2018, 11:04:53 AM

I think there isn't much point in trying to guess what will happen. It's going to be more dependent on behavioral economics rather than purely rational values. If bitcoin were an actual currency, it can fulfill the same purpose regardless of whether the price is high or low, and driving it up as an asset, makes it hard to be a currency. Given that there are also so many other alternatives, Bitcoins' main advantage is really first mover advantage, and it's hard to say how long that would last.

We've already seen in previous rise and falls, that bitcoin has been driven greatly by speculative demand.

I think global economic crash will result in crash of all markets including crypto currency. May be people will move towards crypto as it is relatively new and even a small investment in crypto can boom the prices to 2x or more. But all in all, i hope economic crash will not occur and things remain normal.