Post
Topic
Board Speculation
Re: The financial markets are starting to crash, abandon the fiat titanic
by
Robert Paulson
on 12/10/2014, 15:11:27 UTC
Looking forward to seeing how bitcoin market does on a stock market crash.

The debt ceiling drama is coming this March, after they postponed it last year. So there should be some good ingredients for a nice panic stew.

I want to believe that money will flood into Bitcoin but I suspect it'll be a small bump from people who are already Bitcoin bulls.

People who haven't heard of Bitcoin nor understand it won't rush from what they believe to be a low-risk, low-volatility holding to a high risk, high volatility instrument.

when the prices in the grocery shop double every month there will not be much choice, its either the inconvenience of storing gold at home, or the convenience of remembering a 12 words electrum seed.