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Cryptocurrency: Future Growth
#51

Cryptocurrency: Future Growth

Quote: (03-31-2019 11:45 PM)Graft Wrote:  

Quote: (03-31-2019 07:34 PM)Swordfish1010 Wrote:  

Quote: (03-31-2019 06:48 PM)Graft Wrote:  

I think the big question with crypto is:

Will the next bull run happen before the recession?

We are overdue for a recession and crypto will certainly tank if there is one.

I think the recession will be good for bitcoin. It will force people to move investments into bitcoin to hedge against fiat related risks.

I don't know about that man.

It sounds good in theory but if things go belly up, people are going to need the cash and probably wont be speculating on cryptocurrency.

Bitcoin is not nearly established or stable enough to be a "safe haven."
Look at what's happening in South America. People using bitcoin to pay for food to survive.
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