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August 13, 2018, 09:09:34 PM |
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Actually, bitcoins depend on the market as well. If the market crashes, the cryptocurrencies will crash as well. But as they are meant to replace fiat money and the actual system, the crash could be useful for them. I mean that maybe virtual money can survive for the upcoming financial crash and therefore become number one on the market. It is possible. The goal of financial crises is to bring something new. If a crisis happens, cryptocurrencies might suffer but might come up a winner as well. People would give them a chance to grow and to change the system. Remember that the goal of cryptocurrencies is also to change the system and allow businesses to be faster and independent.
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