Post
Topic
Board Altcoin Discussion
Re: Crypto market getting many new people. Is it good or bad for us?
by
Natalim
on 20/06/2019, 04:55:55 UTC
I anticipate its great, many cash upcoming in, positive the extension of crypto local is always favoring.
Inflationary cash will have problems like Turkey, Argentina, Venezuela, Brazil... Bitcoin is on huge rally in those markets already.
Bitcoin could help but it's still risky IMO since bitcoin's price has not assurance to rise.
To hedge the inflation, they need to buy a stable coin that is pegged in a stable currency like USD, and I think the new coin that will be launch by facebook will give a solution to that.