Post
Topic
Board Speculation
Re: How can collapse of USD affect bitcoin?
by
stylin
on 26/03/2014, 03:40:23 UTC
How did I know some ridiculous bulls were going to blurt out "btc will skyrocket"?  

I have a banker freind who I mentioned bitcoin to. His first reaction to me was "you have 45 days to sell and get out". I was shocked and confused by the response. He then discussed with me the impending ecnomic collapse. This was 30 days ago...


I doubt a financial collapse like '08/'09 would affect the price of bitcoin that much. Maybe it would lower bitcoin prices like it did to gold prices during '08/'09. We are headed for another stock market crash and a recession in the the next couple of years (and for the poor/middle class the recession is still not over) but absolutely nothing catastrophic will happen in the next few years.