Bitcoin Forum

Economy => Economics => Topic started by: mozherin1 on July 07, 2017, 07:16:56 PM



Title: About world crisis and criptocurrency
Post by: mozherin1 on July 07, 2017, 07:16:56 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?


Title: Re: About world crisis and criptocurrency
Post by: freeyourmind on July 07, 2017, 08:42:48 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Historically, when there are times of uncertainty around the world, or in specific places in the world, or when the confidence in the national currency decreases, people flock to gold for safety.  With cryptocurrencies around nowadays, I'd think that any uncertainty or currency crisis would cause a huge influx of money into cryptos for safety to maintain wealth.


Title: Re: About world crisis and criptocurrency
Post by: AdolfinWolf on July 08, 2017, 02:30:04 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Historically, when there are times of uncertainty around the world, or in specific places in the world, or when the confidence in the national currency decreases, people flock to gold for safety.  With cryptocurrencies around nowadays, I'd think that any uncertainty or currency crisis would cause a huge influx of money into cryptos for safety to maintain wealth.

Because crypto will maintain their value? For real, look at how bitcoin, the #1 coin, fluctuates. It could go down 10% in a day. I do not think we will see a massive increase in money going to crypto's in a crisis, but rather something like gold.

Crypto's are also far from being mainstream.


Title: Re: About world crisis and criptocurrency
Post by: Kemarit on July 08, 2017, 05:54:05 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Historically, when there are times of uncertainty around the world, or in specific places in the world, or when the confidence in the national currency decreases, people flock to gold for safety.  With cryptocurrencies around nowadays, I'd think that any uncertainty or currency crisis would cause a huge influx of money into cryptos for safety to maintain wealth.

Because crypto will maintain their value? For real, look at how bitcoin, the #1 coin, fluctuates. It could go down 10% in a day. I do not think we will see a massive increase in money going to crypto's in a crisis, but rather something like gold.

Crypto's are also far from being mainstream.

Yes. Gold would be really the hedge during world crisis like war. It can be used as currency substitute. The value of gold should increase during times of uncertainty, so a long position should profit from a major war or crisis. I read somewhere that England used gold to buy raw materials during war or pay with gold to buy like guns and tanks in WWII. So its more safe to go for gold rather that crypto's in such crisis. Because crypto's will be totally useless in something like a war.


Title: Re: About world crisis and criptocurrency
Post by: epcroat on July 08, 2017, 06:15:26 PM
If it's difficult enough for people to adopt and get used to altcoins to start with (I'm talking about the general population), in a global crisis situation I doubt anyone would turn to them. Gold, land and other physical "sure" things are far safer and more stable. Also, easier to "convert". This is something that needs more time to change. People need to have the opportunity to absorb all these new concepts. I suppose it's similar to what I guess happened in the era of introduction of fiat money.


Title: Re: About world crisis and criptocurrency
Post by: syaripudin on July 18, 2017, 12:41:35 PM
I think in the face of the global crisis people will regulate the economy in the form of pisik.tidak course gold is one of the very right choice. Because I think it could be a country will transact for the tool of exchange with gold. Because I think the gold price will be much more stable in Appeal with crypto currency. This has been done by some countries who are at that time are experiencing global crisis problems. Especially the confronting problems faced. Or other issues


Title: Re: About world crisis and criptocurrency
Post by: dobansa on July 18, 2017, 12:42:49 PM
Depends on the crisis, but most realistic crises will benefit cryptocurrency as confidence in national governments decrease.


Title: Re: About world crisis and criptocurrency
Post by: Gaaara on July 18, 2017, 01:04:24 PM
Depends on the crisis, but most realistic crises will benefit cryptocurrency as confidence in national governments decrease.

I totally agree bro, it depends on the situation of crisis but to be honest I don't see any reason that will benefit cryptocurrencies when crisis occur, because specifically crisis exist because of sufficiency so basically if crisis occur cryptocurrencies might fall as they focus on getting back of what their lack of.


Title: Re: About world crisis and criptocurrency
Post by: Proton2233 on July 18, 2017, 01:31:16 PM
Any crisis is the decline of the economy. If a country produces less of the goods that you will buy for your bitcoins? Not everything can be bought abroad. Crypto currency is only virtual economy. The material economy is much more important. Therefore, the crisis is bad for everyone.


Title: Re: About world crisis and criptocurrency
Post by: allthingsluxury on July 18, 2017, 01:46:03 PM
It really, honestly just depends what kind of crisis we are talking about. There are untold scenarios that could cause BTC to spike higher, there are others that would cause it to be almost worthless / unsellable. Try trading BTC in a time when the internet goes down. Good luck.


Title: Re: About world crisis and criptocurrency
Post by: Hamphser on July 18, 2017, 01:46:40 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Historically, when there are times of uncertainty around the world, or in specific places in the world, or when the confidence in the national currency decreases, people flock to gold for safety.  With cryptocurrencies around nowadays, I'd think that any uncertainty or currency crisis would cause a huge influx of money into cryptos for safety to maintain wealth.

Because crypto will maintain their value? For real, look at how bitcoin, the #1 coin, fluctuates. It could go down 10% in a day. I do not think we will see a massive increase in money going to crypto's in a crisis, but rather something like gold.

Crypto's are also far from being mainstream.
Thinking off that bitcoin does depend on world currencies specially on USD which means if theres a world crisis then expect all would be affected not only on crpytocurrencies but also the economic state on most country in the world. If we are talking about crisis its already a serious stuff and all who are depending on it will be surely affected. Theres no exclusions on this one.


Title: Re: About world crisis and criptocurrency
Post by: FiniteKez on July 18, 2017, 01:53:36 PM
I think when crypto currency has more wide spread acceptance the reaction to economic downturn might be similar to gold. That is, that people will use btc/altcoins as a safe place to store their savings.

But the current market is still in the early phases, so crypto is seen as more of a risky, speculative investment. So if a world crisis were to happen in the next month, I would expect to see crypto as a whole fall. People don't tend to put money towards high risk markets during times of uncertainty.


Title: Re: About world crisis and criptocurrency
Post by: audaciousbeing on July 18, 2017, 02:25:11 PM
The issue here is still rests on the volatility surrounding bitcoin at this time in which no one knows when it will stabilizes and you dont expect people running away from one uncertainty to face another uncertainty which is the reason why a lot of people wont be considering bitcoin as an option except those of us already in it and most people also will also want to share their investment to be partly bitcoin and partly other stable assets like gold as others have suggested.


Title: Re: About world crisis and criptocurrency
Post by: panju1 on July 18, 2017, 02:34:25 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Bitcoin was born during the financial crisis of 2008. That, in a way, set the tone for mistrust in governments/banks in managing monetary policy.
I think gold and cryptocurrencies will gain value if a world financial crisis repeats.


Title: Re: About world crisis and criptocurrency
Post by: thend1949 on July 18, 2017, 02:34:50 PM
The issue here is still rests on the volatility surrounding bitcoin at this time in which no one knows when it will stabilizes and you dont expect people running away from one uncertainty to face another uncertainty which is the reason why a lot of people wont be considering bitcoin as an option except those of us already in it and most people also will also want to share their investment to be partly bitcoin and partly other stable assets like gold as others have suggested.

Well bitcoin is really a stable asset for me compared from gold, because the ability of bitcoin can be very promising as you hold it for long term. Even though it's so unpredictable and volatile which we can see it the movement was so fluctuating in the market trend, people doesn't stop to trust bitcoin to be a part of their future.


Title: Re: About world crisis and criptocurrency
Post by: darthmaul on July 18, 2017, 02:47:43 PM
The world crisis would most probably take down the crypto world. There won't be direct effect on the crypto currencies but the hurricane will start from market crash of physical currencies. The fall is better understood with panicked people in the market. They will hesitate to invest money into any asset because they would want to save it for bad times to come in or after the crisis. In such a situation neither gold will help nor currency like bitcoin. The only thing that would matter is how much you have got as cash or bank balance.

The crisis would also lead to collapse of local banks and some mid level banks if the crisis is supposed to be on global level. Of course in such case people won't be trusting crypto or may I say virtual currencies to rely on, because they are without any foundation. The government can bring up strict regulations on virtual trades to recover from crisis and motivating people to invest into banks or government quotas to refill the balances and any losses that incurred during the process.

I am pretty sure cryptocurrency is off the topic during any world crisis as it completely based on virtual reality and whale investors are those who are with fat bank balances which they wouldn't be thinking to invest anymore into bitcoin or crypto world.


Title: Re: About world crisis and criptocurrency
Post by: webtricks on July 18, 2017, 03:12:58 PM
Hello
what will happened with crypto* currency if it was world crisis?
wha do yu think?

I would like to have my take on this, counters are welcome!
Ok so crisis can be in two ways either wealth of public decrease drastically or purchasing power of public decrease drastically.
In case one, government can easily handle situation by deficit financing which on whole improve the situation of country in form of increased wages, salaries, etc so crypto currencies have no role to play. This measure works in case of 'deflation' or reduced wealth.
Now coming to case two which is inflationary situation. Inflation is more dangerous than deflation like we can see in Zimbabwe. So here value of currency depreciated to that low that purchasing power (real income) of public falls. In this case, cryptocurrencies can work as saviour. In Zimbabwe, government follow the concept of using USD instead. But rather than using fiat exchange, if country use cryptocurrencies to tackle crisis then problem maybe solve better. This is because-
1. Most of the cryptocurrencies tend to show rise in price over time period. Thus purchasing power of public would automatically increase just by holding currency.
2. Cryptocurrencies' prices are determined by global market hence internal position of country won't affect price rather internal demand for coin increase its price.

Thus cryptocurrencies can be seen as viable tool to combat inflationary crisis in country.


Title: Re: About world crisis and criptocurrency
Post by: naughty1 on July 18, 2017, 03:21:49 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

The crypto market is never affected by the global economic crisis, it is a cryptographic currency, it has its own value, its value does not depend on the value of the fiat.


Title: Re: About world crisis and criptocurrency
Post by: iamTom123 on July 18, 2017, 03:37:32 PM
This all depends on the nature of a crisis. Let's say for example that the crisis is akin to what happened in 2008 which was economic in nature maybe we can say that Bitcoin can be acting like a safe haven that is why it is called as the digital gold. Now, if the crisis can be a global disaster like a world war 3 started by a nuclear bomb that killed millions of people somewhere I think that would be a different story.

We have to remember that Bitcoin is largely dependent on the modern telecommunication technology...without this technology it would be impossible to use Bitcoin not unless we can discover a way to offset this situation.

Anyway, the thing here is that it remains to be seen how Bitcoin can behave during a global crisis because we don't have a good precedent with which to judge the cryptocurrency.

Let's just wait for the history to unfolds soon.


Title: Re: About world crisis and criptocurrency
Post by: HeRetiK on July 18, 2017, 03:41:59 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

As much as I would love to believe that people would flock to crypto currencies like to gold during an economic crisis, I'm afraid we still haven't reached that point yet. To be more precise, I currently would expect Bitcoin in the context of a global economy crisis to behave pretty much like alt coins in the context of a Bitcoin dump. But who knows, maybe in a few years Bitcoin (or its successor) will have the trust level of gold. At least to me that trust level is already reached...


Title: Re: About world crisis and criptocurrency
Post by: Hoganye on July 18, 2017, 03:56:23 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

The crypto market is never affected by the global economic crisis, it is a cryptographic currency, it has its own value, its value does not depend on the value of the fiat.
Well in present, it depend by mentality of trader on market. They are reason make the price of crypto falldown or increasing. You can see in today just by some good news about BIP91 sginaling, the price of Bitcoin has recovery strong and fast from $1900 to $2300 lol


Title: Re: About world crisis and criptocurrency
Post by: giveen on July 18, 2017, 06:12:10 PM
Won't have any affect the crypto market doesn't work like stock market the price changes in stock market because of crises or any other economy crash but till date there has never been any fall in bitcoin or the crypto market because of the world economic issues , not saying won't happen in future my theory is maybe during crises bitcoin can help solving the crises but still i maybe wrong about this.


Title: Re: About world crisis and criptocurrency
Post by: The_prodigy on July 18, 2017, 06:18:33 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

In an event of a world crisis like for example all major technology has shut down then it would greatly very much affect cryptocurrency as it is electronic. Once it happens you can't encash it and all that you have purchased would be like gold turning into rock. That is what I think would happen and might cause some further uproar especially if you have purchased a great deal of it.


Title: Re: About world crisis and criptocurrency
Post by: michkima on July 18, 2017, 06:59:43 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

When there is a crisis then everything will go down. There is no reason why cryptos will stay up when it happens. Another scenario is that prices will go up, but the value of the dollar goes down. So in the end the value of cryptos will all still go down. There is really no stopping a crisis unless there is sudden changes the governments will do and its people.


Title: Re: About world crisis and criptocurrency
Post by: kryptqnick on July 18, 2017, 08:27:03 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Historically, when there are times of uncertainty around the world, or in specific places in the world, or when the confidence in the national currency decreases, people flock to gold for safety.  With cryptocurrencies around nowadays, I'd think that any uncertainty or currency crisis would cause a huge influx of money into cryptos for safety to maintain wealth.
I don't think this sounds realistic. People would rather care about food or diamonds. Moreover, I think cryptocurrencies may in fact cause the world crisis. Why? Because people invest in currencies and sell them, thus earning money. They mostly don't use them. And this means that they are not worth these big sums people get when they sell them.


Title: Re: About world crisis and criptocurrency
Post by: Hydrogen on July 18, 2017, 10:29:22 PM
I still think bitcoin's value would increase to offset the decrease of fiat declining in value under global crisis conditions.

A case could be made for bitcoin being more stable than the euro which is $12 trillion in debt & the us dollar which is $20 trillion in debt.


Title: Re: About world crisis and criptocurrency
Post by: bitcoinvestor on July 18, 2017, 10:40:40 PM
I think cryptocurrency crisis is normal because the exchanger stil normal. Now, people are waiting for the Aug 1 and after the day. There are possibilities that will take place after Aug 1. That 's what make uncertain situation for the people. For senior cryptodurrency player the situation is the gold mine where they can buy down fall good coins. When the good and stable coins dump, they hurry to buy in bulk because they know that the crisis will not everlasting.


Title: Re: About world crisis and criptocurrency
Post by: SaShiRaJaVu on July 18, 2017, 11:34:04 PM
If there is an economic crisis then i am sure we will see more investment coming through in the crypto currency market without a doubt,every investor who lost a ton of money during the late 2000s know how brutal the crisis was and people would withdraw their money and invest in the crypto market if a crisis happens in the future.


Title: Re: About world crisis and criptocurrency
Post by: machinek20 on July 18, 2017, 11:50:46 PM
Crypto currencies still in a very early stage, and they can't be rely if world crisis happened, it can be a good source of income but it has a limitation, and because ot is not a stable investment I think people will look for gold to invest


Title: Re: About world crisis and criptocurrency
Post by: orions.belt19 on July 19, 2017, 02:58:27 AM
I think that Bitcoin is not stable enough for people to rely on it once a world crisis arises. Currently, people are still doubtful on investing on cryptocurrency and it is not yet that popular. As said by the other users, people would turn to gold once there is a world crisis because people believe it to be of high value. Depending on the world crisis, it may be possible that cryptocurrency would lessen in value or could even disappear.


Title: Re: About world crisis and criptocurrency
Post by: zarados on July 19, 2017, 03:58:24 AM
I have not found information about the relationship between crisis and cryptos, but if the crisis can affect the value of cryptos, of course the crisis must be global, or at least in countries that are in control of the world's economy, Because the global crisis can affect everything, be it in the economic, social and the other.


Title: Re: About world crisis and criptocurrency
Post by: northstarh on July 19, 2017, 04:05:05 AM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

No, it's not a crisis at all, it's very normal, it's like a storm going through a piece of land, and it's going to suffer great damage, but it will definitely recover. .


Title: Re: About world crisis and criptocurrency
Post by: Rahar02 on July 19, 2017, 05:44:23 AM
It really, honestly just depends what kind of crisis we are talking about. There are untold scenarios that could cause BTC to spike higher, there are others that would cause it to be almost worthless / unsellable. Try trading BTC in a time when the internet goes down. Good luck.

If world economics really happens, then that is the time for bitcoin usability to be tested through people transactions.
This problem remind me about diversify wealth into several investments, this matter has been questioned before and to be honest, there is no any certain answer as the answer indeed depend on what kind of crisis we're dealing with. If nuclear war happen in the future, then bitcoin will be useless as most electricity/electronics components won't works anymore. However, if it just an economic crisis such as happened in some countries such as in Zimbabwe, Venezuela, Greece or Brazil, then people could use bitcoin as an alternative currency which the value should be increase instead of carrying gold everywhere in order to buy goods or foods as you can ended be robbed.


Title: Re: About world crisis and criptocurrency
Post by: farhaan on July 19, 2017, 06:53:52 AM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
In earlier times,when crisis happened,people had non other choice except investing in gold and other assets.But now they have an alternate,bitcoin which is safe and secure.So they would definitely invest in crypto currencies especially bitcoin.


Title: Re: About world crisis and criptocurrency
Post by: Nahl on July 19, 2017, 08:49:54 AM
both are clearly different because world crisis is global but cryptocurrency only for the users itself and cryptocurrency cannot solved the problem of world crisis because economic global problem, civil war or terorism these two thing cannot be solved by how to use bitcoin or similar just like that so you're wrong linked for both of them


Title: Re: About world crisis and criptocurrency
Post by: markjamrobin on July 19, 2017, 09:23:16 AM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Bitcoin is a virtual currency, it does not depend on any other currency, its value is determined by the market. When the world is in economic crisis, independence will help bitcoin to stabilize.


Title: Re: About world crisis and criptocurrency
Post by: _Legendary_ on July 19, 2017, 02:09:59 PM
The main problem of the crisis is because the financial system is still chaotic, many countries can not deal directly and must use a third party currency, this is certainly causing high demand for third party money so it can cause a crisis. Cryptocurrency can solve that problems.


Title: Re: About world crisis and criptocurrency
Post by: pearlmen on July 19, 2017, 03:22:53 PM
World crisis could be anything, from war, to plague, financial crises, to fundamental disruption of the social order, either way it would happen, I think it wont have any effect on bitcoin simply because people have always looked for way out of world crisis even before the advent of bitcoin. From the world wars, to the great depression down to the recession witnessed years back among several disruptions around the globe, only those involved in bitcoin would still be involved so far the internet is still working and it does not affect the power grids.


Title: Re: About world crisis and criptocurrency
Post by: Palider on July 19, 2017, 03:53:47 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

First, At this day (Present) all of what we doing are seen by someone  in our environment that would be the evidence of what we do. for example investment, there are few people watching the chart while some person do buy low and sell high, the watcher is just waiting for the better trade/deal. this is like our life or crisis in cryptocurrency, we are in, in this kind of technology evolution or life adoption in earth, nothing is impossible to happened for me. Means crisis will be depend always on us!


Title: Re: About world crisis and criptocurrency
Post by: bitbunnny on July 19, 2017, 06:42:26 PM
I have the feeling like crisis is ongoing all the time. It's only moving from one part of the world to another. Bitcoin can't help to stop the crisis or even influence it in any way but it can help to the people as an alternative and many have recognized that potential of cryptocurrencies. So people are feeling better knowing they have some back up.


Title: Re: About world crisis and criptocurrency
Post by: arpon11 on July 19, 2017, 07:30:53 PM
Cryptocurrency has come to resolve most of the financial crisis we are having now. Bitcoin war and others issues we are having may not be resolve by cryptocurrency. My fear for now is during cyber war between big international nations what will happen to the coins world?


Title: Re: About world crisis and criptocurrency
Post by: SHANTA on July 19, 2017, 07:35:30 PM
I think digital currency emergency is ordinary. Presently, individuals are sitting tight for the Aug 1 and after the day. There are potential outcomes that will occur after Aug 1. That 's what makes questionable circumstance for the general population. For a cryptographic currency player, the circumstance is the best time where they can purchase defeat great coins. At the point when the great and stable coins dump, they rush to purchase in mass since they realize that the emergency won't Infinity


Title: Re: About world crisis and criptocurrency
Post by: ladydark on July 20, 2017, 07:46:44 AM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
The world has already faced many crashes.But crypto currency has not yet faced such situations.Earlier,people had to move their investments to gold or any other assets during such crisis.But now,people would definitely move their cash to bitcoins if such crisis occurs.Due to it,bitcoin price would go very high.


Title: Re: About world crisis and criptocurrency
Post by: bitllionaire on July 20, 2017, 01:03:50 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
The world has already faced many crashes.But crypto currency has not yet faced such situations.Earlier,people had to move their investments to gold or any other assets during such crisis.But now,people would definitely move their cash to bitcoins if such crisis occurs.Due to it,bitcoin price would go very high.
people even interested in bitcoin without any crash. they are already investing their money in bitcoin. i am sure that soon the bitcoin users will increase more and hope that very soon we will be able to use bitcoin as the main currency for buying everything not only online but even in our local shops also.


Title: Re: About world crisis and criptocurrency
Post by: PokerFace3 on July 21, 2017, 07:17:37 PM
The issue here is still rests on the volatility surrounding bitcoin at this time in which no one knows when it will stabilizes and you dont expect people running away from one uncertainty to face another uncertainty which is the reason why a lot of people wont be considering bitcoin as an option except those of us already in it and most people also will also want to share their investment to be partly bitcoin and partly other stable assets like gold as others have suggested.
People really want to have diverse portfolio. They donít want to rely on just one investment market. Majority wants to have backups. But those especially youngsters who are aware of latest technologies prefer bitcoins over all other kinds of investments. Though they are volatile in nature, but this volatility is their specialty. Volatile nature makes them reach high values. The damn stable nature of gold is making people lose interest in it.


Title: Re: About world crisis and criptocurrency
Post by: fanbeila on August 10, 2017, 05:06:32 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
Earlier,when economic crisis happened in the world.people had no other chance of investing except gold or like other assets.But now,we have bitcoin and crypto currencies.Already,more people are moving towards bitcoin instead of gold.So,if an economic crisis happens,then bitcoin would be the ultimate choice of people.


Title: Re: About world crisis and criptocurrency
Post by: denis_igorevich on August 12, 2017, 09:24:04 PM
I read about ERP on blockchain, guys says there that  they can breakthrouth about world crisis and criptocurrency. Their site www.darfchain.com (http://www.darfchain.com/?from=btt_num), are they say truth?


Title: Re: About world crisis and criptocurrency
Post by: Razick on August 12, 2017, 10:05:46 PM
OP, you should change the spelling of the title to "cryptocurrency". (that is how it is spelled!)


A world crisis would actually be a great thing for crypto.
After all, Bitcoin is based on personal control of our own money.
Crises put people in a position where they must be self-sufficient... and what is more enabling than crypto for becoming self-sufficient?
Certainly NOT storing fiat in a bank. lol


Title: Re: About world crisis and criptocurrency
Post by: JonahCallan on September 30, 2017, 09:14:07 AM
When ó and not if ó a global currency crisis does occur, however, many Bitcoin users believe that the decentralized, border-less, peer-to-peer, and open-access digital currency can serve as a life raft in an ocean of financial calamity. Furthermore, recent global financial system ďstressesĒ such as Brexit, Bank of Japanís helicopter money plans, and Chinaís bubble economy are also often accompanied by Bitcoin price upticks. But Antonopoulos doesnít see this as a positive sign in an event of a full-scale collapse of the global monetary system.


Title: Re: About world crisis and criptocurrency
Post by: Baehr123456789 on October 01, 2017, 04:36:19 AM
one of the reasons Bitcoin was developed was to provide the everyday person an alternative means of storing value or transacting. Another would be taking some control over ones savings/earnings, which previously could not be done. Bitcoin is the first (better) alternative to the existing monetary system outside of precious metals and plain old barter. Moreover, Bitcoin creator Satoshi Nakamo even embedded a Financial Times headline into the first transaction of a block


Title: Re: About world crisis and criptocurrency
Post by: Yadstiker on October 01, 2017, 05:49:52 AM
I have the feeling like crisis is ongoing all the time. It's only moving from one part of the world to another. Bitcoin can't help to stop the crisis or even influence it in any way but it can help to the people as an alternative and many have recognized that potential of cryptocurrencies. So people are feeling better knowing they have some back up.
And maybe this is the reason why some people will say bitcoin is the way to prevent crisis or they would probably think that it is their way out to stop crisis. This is only an alternative way to earn, not to stop crisis. Honestly this is always what i've heard almost everywhere, in social medias, or even here in this forum.


Title: Re: About world crisis and criptocurrency
Post by: Anfisman on October 01, 2017, 06:54:46 AM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Monetary Crisis is a condition of worsening financial condition of a country in a certain period of time that is marked by the decline of the national currency exchange rate to the international and skyrocketing prices of basic commodities in the market and the decline in global economic activity. I think if a global crisis happen, then this will also affect the cryptocurrency, for example if the dollar price decreased then the price of cryptocurrency will also decrease.


Title: Re: About world crisis and criptocurrency
Post by: fiulpro on October 01, 2017, 07:39:16 AM
I Think in contrary to the replies previously stated people during a world crisis would flock to buy gold or other precious metals or diamonds.. because that's something that has a stable intrinsic value and not that much affected by the economical condition of a country or of world as a whole.
Its price will still stay higher than any other thing that one could think about.
Also bitcoins will most probably fall down in a state like that .because there won't be any money to invest if its a big crisis and the focus will be on paper money or precious metals and stones.


Title: Re: About world crisis and criptocurrency
Post by: yndye on October 01, 2017, 07:46:08 AM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

People would like to secure their assets in times when there are crisis. Banks will be close so fiat would not be an option. During crisis, people would shift their wealth to something that would still have value even after the crisis and before they would buy more precious metals like gold or silver but since the existence of cryptocurrencies, some people prefer it because they can easily access it anywhere in the world giving them the freedom to have funds everywhere they go and without anyone knowing that they have it. An example would be in Venezuela. They are experiencing hyper inflation now that their fiat money is almost worthless and bitcoin or other altcoin give them an opportunity to have valuable money at times like this.


Title: Re: About world crisis and criptocurrency
Post by: SaShiRaJaVu on October 01, 2017, 09:31:24 AM
Cryptocurrency has come to resolve most of the financial crisis we are having now. Bitcoin war and others issues we are having may not be resolve by cryptocurrency. My fear for now is during cyber war between big international nations what will happen to the coins world?
Crypto currency wont resolve the financial crises,with the way things are going,if there is a crisis in the world market ,it could affect crypto currency too,but i think people will start trusting crypto currency market more than the conventional market if there is a recession ,during cyber war what can happen to the crypto currency world.


Title: Re: About world crisis and criptocurrency
Post by: AmXProX on October 16, 2017, 08:49:44 AM
It depends on the world crisis that will arise if it is a global crisis for energy supply. maybe bitcoin will vanish


Title: Re: About world crisis and criptocurrency
Post by: Jembut Ireng on October 16, 2017, 10:09:05 AM
The world crisis mostly starts from the financial problem of centralization, this is because of the large number of central bank interventions that make the problem more complicated than the market system or decentralization and cryptocurrency can be the best solution to overcome the global crisis.


Title: Re: About world crisis and criptocurrency
Post by: iamTom123 on October 16, 2017, 12:38:59 PM
Hello. What will happened with cryptocurrency if it was world crisis? wha do yu think?

Many people are actually wondering about this scenario and there is no concrete answer yet because we still have to undergo a global crisis that can be able to put everything on suspension. However, based on the historical data about gold, many people would be using it as the safe haven in case there would be worldwide crisis. Maybe the same thing will happen with Bitcoin as it is already considered as the digital gold.

In my own personal perspective, I am really inclined to believe that Bitcoin will dramatically surge ahead in case if there would be a big economic problem akin to the 2008 crisis that hit USA. One inkling was what happened at the height of the "word" war between Trump and that fat boy leader of North Korea (I don't care about his strange name never got the time to Google it) there was a marked increase of demand at that time and hence the value spiked. Now the same thing can happen if there would be a major conflict and chaos.

Of course, we should not be wishing for any disruption to happen because it can be painful to many people to be affected.


Title: Re: About world crisis and criptocurrency
Post by: beerlover on October 17, 2017, 11:45:31 AM
The world crisis mostly starts from the financial problem of centralization, this is because of the large number of central bank interventions that make the problem more complicated than the market system or decentralization and cryptocurrency can be the best solution to overcome the global crisis.
This is just on point. Let's call a spade a spade, governments have been responsible for the crisis in the world today as a result of centralization and powerful countries have used this to manipulate a whole lot in the system. Decentralization that bitcoin has brought would obviously make a difference.

Just as it is, I do not see how a global crisis, like financial and economic crisis can be a huge problem as this would even make bitcoin value skyrocket the more. However, for normal crisis, we cannot expect the whole world to be in crisis at the same time unless it is Armageddon.


Title: Re: About world crisis and criptocurrency
Post by: alfs75 on October 24, 2017, 10:12:10 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

If there huge  world crisis in the whole worlds the crypto currency also affected in this kind of dissaster maybe its turns into low investment or some of the investor flew away,but not totally paralyzed the digital currency,until it will recover  immediately a few months.its just like  when the hard fork comes.


Title: Re: About world crisis and criptocurrency
Post by: Fulmand on November 07, 2017, 12:57:39 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

If there huge  world crisis in the whole worlds the crypto currency also affected in this kind of dissaster maybe its turns into low investment or some of the investor flew away,but not totally paralyzed the digital currency,until it will recover  immediately a few months.its just like  when the hard fork comes.



Possible world crisis is the declined of the economy situation in country. If a country produces less of the goods that you will buy for using bitcoin. Cryptocurrency is a virtual economy.  So nothing seems to be happen in crypto if crisis would occur.


Title: Re: About world crisis and criptocurrency
Post by: gabmen on November 08, 2017, 01:51:55 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Well it depends. A world crisis may very well affect any.market and that includes cryptocurrencies though not as bad as fiat i think. Unless it affects online connection then we have a big problem


Title: Re: About world crisis and criptocurrency
Post by: Naoko on November 08, 2017, 01:58:20 PM
it seems to me that the global crisis can affect the cryptocurrency if it is recognized by the government...and as long as it is decentralized, it will be all right...except that the human panic can affect....


Title: Re: About world crisis and criptocurrency
Post by: mharz on November 08, 2017, 02:39:25 PM
it seems to me that the global crisis can affect the cryptocurrency if it is recognized by the government...and as long as it is decentralized, it will be all right...except that the human panic can affect....

Since bitcoin value are continues increasing, they can only affect the economy of bitcoin in exchange. Because more people in bitcoin community were lost of job especially in signature campaign. Due to continues increasing value of bitcoin in crypto currency society, some signature campaign hold their project because they can't support thru financially their works. Also most of them were closed their company due to lack of funds.


Title: Re: About world crisis and criptocurrency
Post by: Shutup on November 08, 2017, 03:04:38 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

For me l think crypto will fall down also,so maybe people will just wait for the coming up of crypto again.Many people will be affected on this time because people now is hoping for cryptos to have profit and income.


Title: Re: About world crisis and criptocurrency
Post by: MoonJeina on November 08, 2017, 04:10:01 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Good post .
 In the situation of world crisis those who have enough knowledge and sum of bitcoin will turn towards bitcoin for theri safety . But people ( which is most of them ) who are not aware of the crypto currency will still find other reliable resources such as gold , silver , property etc.
For them bitcoin is not physical money and to use gold instead of bitcoin will be more easy for them in the extreme situation of crisis.         


Title: Re: About world crisis and criptocurrency
Post by: Hui8 on November 08, 2017, 04:46:32 PM

The world crisis ? Well obviously bitcoin is the part of world and it will go down in the next minute. The reason is simple, due to crisis situation people will always want to have the savings or backing up some money in the secret pot of theirs, which they can get from the bitcoin sell. So there will be first thing which will cause the bitcoin to drop in market cap and that would be world going down in the market cap itself. That would be really drastic changes in the bitcoin and whole crypto community. And no we wonít be able to use it as back up source because it will be devaluated in the next minute of crisis.


Title: Re: About world crisis and criptocurrency
Post by: evilgreed on November 08, 2017, 05:07:46 PM

The world crisis ? Well obviously bitcoin is the part of world and it will go down in the next minute. The reason is simple, due to crisis situation people will always want to have the savings or backing up some money in the secret pot of theirs, which they can get from the bitcoin sell. So there will be first thing which will cause the bitcoin to drop in market cap and that would be world going down in the market cap itself. That would be really drastic changes in the bitcoin and whole crypto community. And no we wonít be able to use it as back up source because it will be devaluated in the next minute of crisis.



          Yes obviously when the world market and the economy encounters crisis, then it is expected that cryptocurrencies and other digital currencies will surely go down in moment or maybe for a long time, depending on the situation that maybe could recover the proce for a little bit, but nothing else is for sure, because as what you have said nobody or maybe few will use it for their back up resources, and instead use fiats to survive rather than digital.


Title: Re: About world crisis and criptocurrency
Post by: xIIImaL on November 08, 2017, 05:31:10 PM

The world crisis ? Well obviously bitcoin is the part of world and it will go down in the next minute. The reason is simple, due to crisis situation people will always want to have the savings or backing up some money in the secret pot of theirs, which they can get from the bitcoin sell. So there will be first thing which will cause the bitcoin to drop in market cap and that would be world going down in the market cap itself. That would be really drastic changes in the bitcoin and whole crypto community. And no we wonít be able to use it as back up source because it will be devaluated in the next minute of crisis.


Economic crises is the considered via centralized money medium. So since bitcoin is decentralized economy there is no touch with the bitcoin and world crises. 2008 world crises made satoshi to think do something in currency revolution and he passed in it.
If bitcoin is made as a centralized money in every country then all the regulations will be applicable to the bitcoin as well. So you can be careful at that time till that you no need to worry about it.


Title: Re: About world crisis and criptocurrency
Post by: fasdorcas on November 11, 2017, 05:16:57 AM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

If there huge  world crisis in the whole worlds the crypto currency also affected in this kind of dissaster maybe its turns into low investment or some of the investor flew away,but not totally paralyzed the digital currency,until it will recover  immediately a few months.its just like  when the hard fork comes.



Possible world crisis is the declined of the economy situation in country. If a country produces less of the goods that you will buy for using bitcoin. Cryptocurrency is a virtual economy.  So nothing seems to be happen in crypto if crisis would occur.

If world would face some sort of crisis either it is financially or morally the cryptocurrencies would get affected indeed. This is because the first thing to occur possibly is sudden decline in the number of investors form each country which would ultimately lead to the downfall of process and hence the market would crush without any delay.

Therefore the developmental stages are to be improved and maintained at any cost if one wants the virtual currencies to improve their standards and usage with time.


Title: Re: About world crisis and criptocurrency
Post by: HasHe on November 11, 2017, 05:45:03 AM
Earlier when crisis occurred,people had gold as the only single choice to transfer and store their investments and they bought gold.But now in this new era,people have now crypto currencies especially bitcoin as a safe haven.So half of the people may store their wealth in gold following traditional method while the rest my choose bitcoin as the best asset to store their wealth.


Title: Re: About world crisis and criptocurrency
Post by: imamimam1234 on November 11, 2017, 06:29:23 AM
World crisis will affect criptocurrency for sure. cryptocurrency will upside down also the market. So it will have no value for a while or maybe for so long. Most of people will be busy to think their existence. The investor will change their mind and begin to invest in food,cure,and heath. CMIIW :)


Title: Re: About world crisis and criptocurrency
Post by: jonatuzc on November 14, 2017, 04:54:55 AM
it seems to me that the global crisis can affect the cryptocurrency if it is recognized by the government...and as long as it is decentralized, it will be all right...except that the human panic can affect....

Since the time this concept of cryptocurrency was introduced to this world, we have seen a significant change in the economic condition of the society. In my opinion, bitcoin is going to be the greatest remedy in eliminating this world crisis.

The only thing we need to do is that we need to believe in bitcoin and we actually need to invest in bitcoin. Until and unless weíll not do this thing, things will not change.


Title: Re: About world crisis and criptocurrency
Post by: zeze18 on November 14, 2017, 08:14:54 AM
Now bitcoin is the best solution to improve standard of living and better economic change for all users in various countries, bitcoin contribution is expected to help improve the current global economic crisis. And at least, bitcoin has created employment opportunities for those who really learn bitcoin well and wish to do business in bitcoin.


Title: Re: About world crisis and criptocurrency
Post by: ask on November 14, 2017, 09:21:14 AM
for few years bitcoin acting like gold. Price always increase if there is some crisis. Bitcoin like world crisis such as north korea or any other valotility.
Gol and Bitcoin charts going similar everyday.


Title: Re: About world crisis and criptocurrency
Post by: hase0278 on November 14, 2017, 11:05:51 AM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
If a world crisis were to happen, I am sure some percentage of the population of the world would resort to converting their wealth to cryptocurrency but most would go to what they believe is safe haven, which is gold and other precious metals. They would not even dare to take refuge of their wealth on btc and other crypto because they don't trust it yet. Probably if a crisis happened in the future, people might consider moving into btc if there are more crypto users by that time.


Title: Re: About world crisis and criptocurrency
Post by: djgtr on November 14, 2017, 11:27:36 AM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
If a world crisis were to happen, I am sure some percentage of the population of the world would resort to converting their wealth to cryptocurrency but most would go to what they believe is safe haven, which is gold and other precious metals. They would not even dare to take refuge of their wealth on btc and other crypto because they don't trust it yet. Probably if a crisis happened in the future, people might consider moving into btc if there are more crypto users by that time.
yes i agree on that but everything in this crazy world is really un expectable or maybe unstable nothings really sure in this world .maybe today gold is precious but tomorrow we cant predict it on what would happen that is why if we have savings we must put it in a right and a safe place that is why if crisis  will happen we need to convert to btc for good.


Title: Re: About world crisis and criptocurrency
Post by: m0gliE on November 14, 2017, 12:09:17 PM
What do you mean by world crisis?

I mean if it is about a global nuclear war, I think we should not worry about bitcoin. I mean, it will clearly not be a priority!

If you mean dealing with current problems (poverty, hunger, access to clean water, etc), I guess bitcoin could help... The only (big) issue is that in the concerned countries, it can be difficult to have 2 hours of electricity per day. So a computer? No way...

Eventually, I think that crypto currencies can be used as alternative way of financing projects (whatever the projects, not necessarily for the greater good). Actually, this is also why most people are investing in bitcoin: in case it turns out to be very profitable in the future... Will it be? We can hope so!  ;)


Title: Re: About world crisis and criptocurrency
Post by: lucifochrome on November 14, 2017, 12:13:01 PM
That will actually depend on what crisis the world is having, if the world is having crisis in terms of electricity or internet connection then most likely bitcoin will drop but if it is about monetary value in each country then bitcoin will rise. That's how bitcoin started anyway, when the economy was down they resulted in cryptocurrency. Same thing will apply if that happens again.


Title: Re: About world crisis and criptocurrency
Post by: Renampun on November 14, 2017, 12:14:37 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
I think the price of Bitcoin will affect the world crisis, it's like the interconnected between world finance and Bitcoin...


Title: Re: About world crisis and criptocurrency
Post by: BaraxLo on November 15, 2017, 12:30:45 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

For me l think crypto will fall down also,so maybe people will just wait for the coming up of crypto again.Many people will be affected on this time because people now is hoping for cryptos to have profit and income.
There is no such thing coming so that such a profitable currency will fall and as bitcoin is unstoppable because this bitcoin has proved its world and if the disaster come to the main leading user countries then there will be a slight dump but other regionís investor will buy to give it stability so invest without worry dude btc will stay till there is no human and no internet in this planet.  This is impossible till apocalypse.


Title: Re: About world crisis and criptocurrency
Post by: Riddikulo on November 16, 2017, 10:55:01 AM
Appearance of Bitcoin was as the answer to the financial crisis 2007-2009. Cryptocurrency is one of the most independent investment for now. It's not depend of the real market situation. So If the new crisis will begin the virtual currency would be the more stable than anything in the real world!


Title: Re: About world crisis and criptocurrency
Post by: Charisse1229 on November 16, 2017, 11:02:17 AM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

I think it could be a country will transact for the tool of exchange with gold. Because I think the gold price will be much more stable in Appeal with crypto currency, they can only affect the economy of bitcoin in exchange. Because more people in bitcoin community were lost of job, crypto currency will still find other reliable resources such as gold


Title: Re: About world crisis and criptocurrency
Post by: matuson on November 16, 2017, 11:12:37 AM
Appearance of Bitcoin was as the answer to the financial crisis 2007-2009. Cryptocurrency is one of the most independent investment for now. It's not depend of the real market situation. So If the new crisis will begin the virtual currency would be the more stable than anything in the real world!
How can we talk about the stability of the cryptocurrency? A few days ago we saw the fall of bitcoin prices by 20%. You call that stability? Even during the crisis of Fiat money did not show such results. But I agree that cryptocurrencies don't depend on the state of the economy as they have an international cap.


Title: Re: About world crisis and criptocurrency
Post by: Beparanf on November 16, 2017, 11:15:27 AM
Appearance of Bitcoin was as the answer to the financial crisis 2007-2009. Cryptocurrency is one of the most independent investment for now. It's not depend of the real market situation. So If the new crisis will begin the virtual currency would be the more stable than anything in the real world!
How can we talk about the stability of the cryptocurrency? A few days ago we saw the fall of bitcoin prices by 20%. You call that stability? Even during the crisis of Fiat money did not show such results. But I agree that cryptocurrencies don't depend on the state of the economy as they have an international cap.
They might still be related on someway, but not too closed to affect too much the price, your right that its fiat depends on once economy and we need to spend our crypto into fiat when economies getting low.


Title: Re: About world crisis and criptocurrency
Post by: cah ndablek on November 16, 2017, 11:22:29 AM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
I am very worried if there is an economic crisis in the world Because it will make the existence of bitcoin more vulnerable to collapse.So the problem will make the hunter panic and as soon as possible to find a way out that must be done is turned to look for real work as quickly as possible.


Title: Re: About world crisis and criptocurrency
Post by: trako on November 16, 2017, 12:24:25 PM
they like crisis situations. value. but earning a penny does not always gain. it means that the things to be bought with money are also expensive. the only thing that is changing the price is not the money that is available. everything becomes very expensive.


Title: Re: About world crisis and criptocurrency
Post by: riderinred on November 16, 2017, 12:28:57 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
I am very worried if there is an economic crisis in the world Because it will make the existence of bitcoin more vulnerable to collapse.So the problem will make the hunter panic and as soon as possible to find a way out that must be done is turned to look for real work as quickly as possible.

In the past we saw an increase in btc price, e.g. in Japan and South Korea the uncertainty of a North Korean threat made ppl buy BTC.
Also Zimbabwe military coup and vezoelian economic crisis made ppl there to turn to BTC.
So I think that if the crisis is not world wide and very severe it would be good for BTC.
Alts would maybe suffer, but BTC would profit.


Title: Re: About world crisis and criptocurrency
Post by: z38630610 on November 24, 2017, 04:12:36 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

each crisis forms its own investment policy. The crisis has many variables. for example, the embargo between countries is a kind of crisis. Therefore we have to think about type of crisis. Of course it may affect cryptocurrency.


Title: Re: About world crisis and criptocurrency
Post by: Bornien on November 24, 2017, 04:15:04 PM
It is crypto and i think the world crisis is not a big impact on the crypto world because the crypto world is online and the crisis is in real life so i think the impact would be more on cash than on the crypto world i think that is how it is supposed to be.


Title: Re: About world crisis and criptocurrency
Post by: Persiville on November 24, 2017, 04:38:47 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

each crisis forms its own investment policy. The crisis has many variables. for example, the embargo between countries is a kind of crisis. Therefore we have to think about type of crisis. Of course it may affect cryptocurrency.

There are also some crisis that are related to cryptocurrency, such as total ban of usage of a certain country. Crisis can never be good for an economy, but it also depends on what the situation really is. It could also benefit us or there is also a tendency that it will lower all our funds and become useless, about for example, there is an occurring calamity or natural disaster which also has a huge impact and can lead also to crisis, all the cryptocurrencies in that specific are is useless, not unless it will be resolved or it would be taken action immediately.


Title: Re: About world crisis and criptocurrency
Post by: b1k4ng on November 24, 2017, 05:22:15 PM
I think it is very dangerous to the economic development of a country. usually the crisis will make some exchange rate of something goods to be lower as well as bitcoin, because the owner of bitcoin itself is the people spread all over the world


Title: Re: About world crisis and criptocurrency
Post by: filharvey on November 25, 2017, 11:03:10 AM
I think that during world crisis,bitcoin would become useless since it is valued in USD.If the crisis makes electricity and internet also unavailable,then there is no room for bitcoin also to be used.In such situations,gold had been the ultimate choice many times before.So,this time also,gold would be used.People would find it as the safe haven.


Title: Re: About world crisis and criptocurrency
Post by: Feuerbach on November 25, 2017, 10:24:22 PM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?
I think the price of Bitcoin will affect the world crisis, it's like the interconnected between world finance and Bitcoin...
I do not agree with the fact that the price of bitcoin will affect the world crisis.
I also doubt that there will be a massive influx into the cryptocurrency


Title: Re: About world crisis and criptocurrency
Post by: vincentong17 on November 25, 2017, 10:26:52 PM
We had experienced this before last 2008, when bitcoin came to rule the world of technologyor internet. peopl are engaging to bitcoin an other cryptocurrency.


Title: Re: About world crisis and criptocurrency
Post by: viper2zero on November 26, 2017, 09:57:33 AM
Hello

what will happened with cripto currency if it was world crisis?
wha do yu think?

Historically, when there are times of uncertainty around the world, or in specific places in the world, or when the confidence in the national currency decreases, people flock to gold for safety.  With cryptocurrencies around nowadays, I'd think that any uncertainty or currency crisis would cause a huge influx of money into cryptos for safety to maintain wealth.

Because crypto will maintain their value? For real, look at how bitcoin, the #1 coin, fluctuates. It could go down 10% in a day. I do not think we will see a massive increase in money going to crypto's in a crisis, but rather something like gold.

Crypto's are also far from being mainstream.
The best piece of Bitcoin is that it is autonomous of each and everything identifying with this world. In the event that it is about political emergencies or financial emergency, nothing has finished with the cryptographic money since it isn't possessed by any nation or specialist. It works in its own way with sound and safe condition.


Title: Re: About world crisis and criptocurrency
Post by: goaldigger on November 26, 2017, 10:49:05 AM
World crisis like world war? I think the bitcoin price will go down because its investors will withdraw their coins for their necessity and the people who invest on cryptocurrency will lessen.


Title: Re: About world crisis and criptocurrency
Post by: n0ne on November 26, 2017, 10:55:25 AM
I think that during world crisis,bitcoin would become useless since it is valued in USD.If the crisis makes electricity and internet also unavailable,then there is no room for bitcoin also to be used.In such situations,gold had been the ultimate choice many times before.So,this time also,gold would be used.People would find it as the safe haven.
Bitcoin is truly a safe Haven same as gold, because people tend to make the best profit through bitcoin at the earliest. So,  even if the market collide after certain time period too, the market won't be affected big. Based on the fact I believe world crisis won't be having much effect on the bitcoin.


Title: Re: About world crisis and criptocurrency
Post by: perfect999 on November 28, 2017, 11:58:53 AM
It is crypto and i think the world crisis is not a big impact on the crypto world because the crypto world is online and the crisis is in real life so i think the impact would be more on cash than on the crypto world i think that is how it is supposed to be.
I have the very same opinion regarding crisis. Bitcoin or any other digital currency do not depends on world crisis or world welfare in any way for their development.

If there will any sort of crisis, I am pretty sure that people will start using bitcoin and other digital currencies more. There is as such no link between the survival of digital currencies and world crisis as such, they donít depend on each other in any way.


Title: Re: About world crisis and criptocurrency
Post by: nagatraju on November 28, 2017, 06:11:59 PM
I agree with the idea that the global crisis will affect bitcoin....for the reason that everything depends on the emotions of people and their decisions...and people in the crisis will be massively suppressed, so the price will decrease


Title: Re: About world crisis and criptocurrency
Post by: Rinder on November 30, 2017, 10:33:31 AM
Well i do understand you are refering to a deeper crisis op, because a lot countries are facing financial problems already, sure into a deeper situation people would run to gold, silver and well bitcoin, at the moment a lot people does see it as store of value, and its the same thing as gold, people will try to protect their money into some of those options, even being easy to sell gold and silver then bitcoin, it had conquer it space and there is a big interest into it.