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RE: GET READY FOR THE FREEFALL COLLAPSE -- Mitch Feierstein
when the market crash everyone will run to crypto and Bitcoin will be skyrocket
when the market crash everyone will run to crypto and Bitcoin will be skyrocket
Interesting point! But what makes you think that? If people sell in a market "crash", they mostly panic and want to hold the "safest" asset which is cash. So if the stock/bond/commodity markets crash it's definitely also a possibility that the flight to cash will cause the crypto markets to crash too... (just look at gold during and AFTER the GFC)
best regards!
The next crash will not be the stock market but a SOVEREIGN DEBT CRISIS, governments will be broke and unable to borrow, limited ATM withdrawals closed banks etc.
Cyprus was a test case to see what would happen, that is coming to the world, most likely sometime in 2018 unless they can stall the crash a little longer but not forever.
when that thing happen all transaction using Bitcoin will be awsome
if the demand is high the price will skyrocket remember the John McAfee he is bullish for 3 year 500000usd per bitcoin not me saying John McAfee the founder of Mcafee antivirus