Post
Topic
Board Economics
Re: What will happen to Bitcoin if there is a global economic crash?
by
Mihaylovic
on 22/01/2020, 11:43:42 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?

it depends. i mean for example imagine that there had been a devaluation in United States economy. USD price became worthless and people started to buy only simple foods for thosand of dollars, then usdwise bitcoin price will become much higher. And people will start to follow bitcoin price goldwise for example preev will show 1 bitcoin is 100 grams of gold.