Hi,
I have a question, but please direct me to a post if already asked:
In case of another GFC, would BTC bitcoin price:
a) stays on the same level
b) skyrockets
c) tumble down
I have a question, but please direct me to a post if already asked:
In case of another GFC, would BTC bitcoin price:
a) stays on the same level
b) skyrockets
c) tumble down
Take your pick:
Anyone know where this image was originally published?
And if another GFC were to happen, I don't think the general public is ready to put all of their fiat into a cryptocurrency quite yet. There is still a liquidity issue and the tech issue.
Liquidity would -probably- be high for a while, but it would taper of as time progresses. So it would be pretty good for a while, or at least long enough for people to try and exchange a lot of fiat to Bitcoin, since a lot of the bots would still be active.
And hey, if they can't get Bitcoin, the price would skyrocket, and/or people would start turning to precious metals.