Quote from: European Central Bank on April 13, 2017, 03:30:37 PM

anyone who thinks crypto is any type of safe haven needs to stop smoking whatever they're smoking.

it's a toy to make more money. if things really did turn truly to shit it's the first thing people would abandon.

this might be a question with a different answer in 20-30 years.

It's an interesting thought... I've been asking myself that question... would I withdraw my crypto in the situation of a dramatic world event? I don't think my first instinct would be to. Given the volatile nature of cryptocurrency, it's only a matter of time till it restores to it's original value regardless of how much drops and I see it as a growing sector with so much future potential

Quote from: e-coinomist on April 13, 2017, 05:34:18 PM

Quote from: PacificNomad on April 13, 2017, 10:23:51 AM

In the situation where we have a big world event (war, financial crash... etc) what are your thoughts on ...

Aren't we always just at a brink before collaps? Total nuclear destruction? The whole eighties had been in a mood like that.
The world out there just luuuvs fearmongering.

That should not infect your financial decisions. Well, you are free to play duck'n'cover hiding under the kitchen table with your laptop. But! Only place your wealthes where some updrift development happens. Oh, and avoid anything all to overly "official" that tries to attract you. Big institutions can be scammers, too.

Yeah I agree, there is far to much fearmongering in the world by the Media and politicians. It's a joke how much they saturate events and cause panic for the general population. I'm not to fussed at this stage. I see a lot of future potential in crypto and feel we're just at the beginning of a long amazing journey into a new tech realm. I guess I started this thread to see what others feel. Always good to have a dialogue with issues to get to the source of what people think/feel! :-)

PacificNomad

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