Bitcoin Forum

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Bitcoin and all altcoins actually they LOVE financial crisis.
Similar to GOLD prices. checkout GREXIT and BREXIT timelines.

This, when the next crisis comes it will be really profitable for crypto holders.

Does this means the price goes up? I mean do we consider virtual coins as a good assets investment?

Yes, you are right if the financial crisis comes, you have to invest with virtual currency, because if investing in virtual currency you will never get involved in financial crisis because many people who experience and move prefer virtual currency like Bitcoin or Altcoin.

Cryptocurrency can't means as virtual currency, so this is reason in first time the community Bitcoin not call Bitcoin is virtual currency and set the name for it's cryptocurrency. If you say crypto (cryptocurrency) is virtual currency, you will means it as credit, gems or other value in games ;)

Yes because the money coming here matters. If there is a financial crisis, people start to cash out their coins to pay for their expenses so market cap will decrease significantly. This is only a simple view.

Financial crisis will affect every economic sector but that effect would be least of cryptocurrencies.
Cryptocurrency being a global assest with no tax, would act as a buffer for economy in the future.
We have seen Russian buy a lot of bitcoins when the Ruble suffered.

Financial crisis is very good for Cryptocurrencies. And we will see soon a crisis bigger than the 2007 crisis. In recent years, there is no growth, central banks have only printed money. The financial crisis is huge. I also believe that we will see many wars in the world in the future.