If there is a recession, what do you guys speculate will happen to Bitcoin? Will people rally behind it? Or will people ditch it for other cheap/liquidated assets?
And what about ETH too?
tl;dr: when recession happens, what happens to BTC?
anything bad for the traditional financial system is good for bitcoin
>>1811109
If you are looking to make quick profits this year I would recommend buying a couple of Iconomi coin.
I personally foresaw the raise of Bitcoin, Litcoin and the Etherium, and now it is Iconomi.
ETH is dead for at least a year, BTC will pump and dump, ICN has been the only coin standing its ground. The future projects integrated with ICN are like candy to me. Easily 1$ in upcoming months, and easy 5$ this year with them.
The choice is yours.
>>1811146
Hmmm... this might work. Thank you.
bitcoin is speculative, and there will be a rush for safer assetts in a recession. however, if peoples perception changes regarding fiat, maybe bitcoin demand will rise
>>1811146
>the ICN guy
Just admit defeat