Quote from: silversurfer1958 on November 14, 2019, 10:59:08 AM

Quote from: buddhasource on November 01, 2018, 10:49:10 AM

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?

Gold prices will certainly increase rather than crisis. You know, when there are signs of war between major countries, the price of gold suddenly rises because people always believe that the value of gold will be kept after economic crises.
That's the way it is, so I think gold and bitcoin have risen. In short, scarce, high-value things often go up very sharply.

Agree that scarcity will increase but you should know that product stability is also essential, which is the criteria that investors and people will choose when an economic crisis occurs, and gold is a very stable product and cannot disappear over time while bitcoin does not possess the same qualities, the value of bitcoin is like stock numbers. People will not be too fond of holding it during a crisis when nothing can maintain the price and help bitcoin go up or stabilize, and with low demand, people will dump bitcoin