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Author Topic: How can the global crisis affect crypto?  (Read 19807 times)
hongus
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March 16, 2019, 10:35:23 PM
 #381

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

What is that in a world crisis the price of coins will fall. The reason is one investors will get money to cover their further expenses.

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March 16, 2019, 10:46:48 PM
 #382

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

What is that in a world crisis the price of coins will fall. The reason is one investors will get money to cover their further expenses.
Yes, the economic crisis does not affect prices directly. That is, people do not have money or look for a more secure place, they may want to sell and the price may drop.
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March 16, 2019, 10:53:45 PM
 #383

If global crises happens it will positively affect crypto as more people will invest in it. During depression it is better to hold gold silver or other precious metal as they retain their value. In the future crypto could also be an option during  economic crises.

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March 16, 2019, 10:54:52 PM
 #384

The economic crisis certainly has occurred in 2018 until now due to many factors, therefore the price of the USD continues to rise and what affects the stability of the world economy then what happens to Crypto? Of course, it will also have an impact because investors are also in this situation, causing many investors to revoke their assets to meet their economic needs, but for the development of the crypto industry, they will always develop and that will have a positive impact in the future.
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March 16, 2019, 10:58:39 PM
 #385

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.

Crypto currency could be one of the best ways to steal people's money when the crisis comes. People will try to save their money, crypto begins to grow, everything else is falling... Bingo@ people go all in in crypto!

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March 16, 2019, 11:03:37 PM
 #386

I think that if when the next global crisis comes, the cryptocurrency market will either begin to grow even more actively, due to the fact that people will decide that it will be more profitable to store their money in cryptocurrencies, or people on the contrary will withdraw money from cryptocurrencies and the market will be blown away.

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March 16, 2019, 11:04:27 PM
 #387

I think the crypto market will fall so deep because when there is a world economic crisis, crypto will experience an investor crisis
people will not think of buying or investing in crypto when they do not have more money when they themselves are experiencing an economic crisis, they will definitely choose to buy something that is far more important that is buying their living needs so the market will be quiet and the price will fall

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March 16, 2019, 11:25:22 PM
 #388

in my opinion it must have an impact on crypto money prices because many will sell the assets they have, but not all projects will fail, surely there will still be successful projects, especially projects that do not require large funds, because usually the global crisis only affects scale projects big.
therefore before any global crisis each project should have prepared several things to counteract the global crisis.

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March 16, 2019, 11:32:07 PM
 #389

Financial capabilities is very important in all form of investment, and having a global crisis will absolutely affecting people's funding's to put into crypto. Many individuals whoa are in limited resources won't actually invest in crypto rather than to priorities their basic needs especially when you are having family to sustain.
It is really a big challange for everyone and we don't expect that there is a huge market growth during crisis cause they'll probably not into look for investing.
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March 16, 2019, 11:46:09 PM
 #390

Is a market just like every other market in the world not in mars so if there is economic crisis there will be very cheap sales and some pumpers to get your money the lower the circulation the greater the trouble

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March 17, 2019, 07:53:04 PM
 #391

At the moment, the cryptocurrency market is very vulnerable. And any influencing factors including the crisis are very important for the market. Therefore, I hope that everything will be fine with cryptocurrency
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March 17, 2019, 07:56:52 PM
 #392

The global crisis can greatly affect the world of cryptocurrency. In the economic system, everything is interconnected.
I hope that the cryptocurrency market will withstand any difficulties associated with falling down and investors will get the desired profit.

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March 17, 2019, 07:58:49 PM
 #393

global chrisis may affect crypto ofcourse as it affects to any other markets. when people don't have enough money, people buy less of everything. demands decreases so prices drop too.

turn the page
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March 19, 2019, 10:31:15 AM
 #394

Just HOLD
The people in the world of crypto are actively involved with the larger population in the world. I think any economic crisis can adversely affect the world of crypto. Obviously we are not isolated from the rest of the world and we are certainly part of the larger population and we can only hope for the best of economic situation in the world.
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March 19, 2019, 10:51:30 AM
 #395

Is a market just like every other market in the world not in mars so if there is economic crisis there will be very cheap sales and some pumpers to get your money the lower the circulation the greater the trouble
When we get economic crisis and all of the token holders or whales will try to liquidate their money as fast as possible to avoid the worst dump and they will prefer to keep their money into the stable currency like fiat dollar.

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March 19, 2019, 11:10:37 AM
 #396

It's indeed an interesting question. If the global economy crashes then all markets crash including Crypto. People will move towards reserve assets such as Gold which tend to hold its value even during the crisis period.

However, let's hope nothing of that sort happens and we make money from Crypto Smiley .
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March 19, 2019, 11:42:08 AM
 #397

Global crisis affects not only crypto but every economy. If other economy is affected , crypto will have to suffer alot and it will take a long time to recover.
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March 19, 2019, 11:45:31 AM
 #398

Global crisis affect all major currencies and crypto is also gaining momentum as digital currency. If any crisis happens globally then it affect everything that happens online and crypto is not an exception.


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March 19, 2019, 12:36:09 PM
 #399

Global crisis affect all major currencies and crypto is also gaining momentum as digital currency. If any crisis happens globally then it affect everything that happens online and crypto is not an exception.


On the one hand:

If we talk about the correlation of the price of Bitcoin, then we can observe an inverse correlation with the price of gold, and an even stronger inverse correlation with the difference in income from the state. US bonds and BBB bonds.
At the very peak of the crisis, cryptocurrencies could fall to zero. In this case, gold will be the best choice.

On the other hand:

If we read the opinions of ordinary people (even here on the forum), we can understand that cryptocurrency can become popular during a crisis

Both options are possible. It all depends on the image of cryptocurrency. now it's a speculative and unstable market
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March 22, 2019, 03:23:34 PM
 #400

What do you think will happen to the crypto market if there is an economic crisis around the world?
This topic is very interesting for me, so I would like to hear your thoughts.
Crypto currency could be one of the best ways to steal people's money when the crisis comes. People will try to save their money, crypto begins to grow, everything else is falling... Bingo@ people go all in in crypto!
The global financial crisis affects absolutely all markets and  there's no exception with cryptocurrency market.
If we see the fall of the traditional financial markets, then I do not exclude the fall of Bitcoin to $1-2k
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