Post
Topic
Board Speculation
Re: New printed money into crypto? How?
by
audaciousbeing
on 03/10/2019, 08:45:54 UTC
The question is in what way the new printed money will find the Way in to crypto market?


As Property and stock markets are booming gold is going up too we have like new economic fresh start everything is going up but Bitcoin is Still down!


I wondering wich way the New fresh money as euro,  usd and Australian dollar will be invested into cryptocurrency market?



The new money being printed is not free money that would end up in someone's house and then put it into crypto. People would not be paid more than their wage or what they are entitled to because of the free money. No it won't. Where I see this money coming into crypto is the indirect means. For someone who is earning returns on his gold due to it rising up might want to diversify thereby putting some money into crypto. Another scenario is the individual who got fat bonuses because the 'new money' now made it available for its company to obtain loan from the bank and thereby increasing their bottom line or scale of operation can then put money into crypto just to have a safe haven considering that the price right now is on the low side which gives the opportunity to enter the market and make reasonable returns within a short period of time.