Post
Topic
Board Economics
Re: What will happen to Bitcoin if there is a global economic crash?
by
0xBitcoins
on 04/07/2019, 10:16:01 UTC
It is a bit hard to figure out what will really happen to Bitcoin price.

We could find an answer if someone could stitch these together.

  • Gold price when crisis happen
  • China's economy is already in a bear market for a long time, will they see a bull?
  • World economy just hit an all-time high
  • Crypto has not seen a 10yr cycle yet
  • Satoshi started Bitcoin to avoid melt-downs

What do you guys think will happen and why?
Please how did you get to know that Satoshi started cryptocurrency to avoid meltdown? Did you see him write that? So how did you get to know of what you’re just saying now? The only explanation that I know he gave about cryptocurrency is that it is only meant for transactions (peer-to-peer transactions and there is no other explanation, he never talked about investment… if he did, then I don’t know, maybe cause I haven’t taken my time to research about it. Then to answer your main question, I don’t think Bitcoin can be affected by the economy, Bitcoin is completely independent and no matter what happens… it is still going to remain what it is and there is not going to be any changes.