Okay seriously, what will happen to crypto if the economy goes to shit?

[Anonymous No.15287613]

[Anonymous No.15287635]

>>15287613

stocks go up
crypto goes down

stocks go down
crypto goes down

[Anonymous No.15287639]

>>15287613
Probably tanks for a while because people want their money for day to day living and out of assets that tank 30% in a week

But hopefully we'll get another run up soon enough before the recession hits, seems like bakkt coincidently times well with the yeild curves inverting (big money wants to pump crypto while they can)

would be wise to sell at least a % at new highs to prepare if so imo

[Anonymous No.15287647]

>>15287635
basically this.

And:

btc goes up
alts go down

btc goes down
alts go down

[Anonymous No.15287663]

>>15287635
I don't know about crypto, but bitcoin is neither negatively or positively associated with the stock market. It's uncorrelated. Medium term up until 2020 and through 2020, the bull will probably rage even if the economy goes to shit.

[Anonymous No.15287666]

>>15287613

Who cares

Make it cheaper

I want more

[Anonymous No.15287673]

>>15287613

Will tank

Silver will moon

[Anonymous No.15287674]

>>15287666
I'm with Satan, crash that shit

[Anonymous No.15287680]

>>15287613
it goes to shit

[Anonymous No.15287693]

>>15287674
>>I'm with Satan
He's in your heart, bro

[Anonymous No.15287698]

>>15287647

Pretty much a law of nature at this point.

[Anonymous No.15287763]

>>15287674
>>15287666
that's why it won't tank even if recession hit. It's unical commodity unlike $ which jews printing like crazy during recession also i can go up during recession just because people don't gonna want lose value of their assets so they will be buying finished goods(like bitcoin)
or shining rocks like gold.

[Anonymous No.15287848]

>>15287763
Always go long on irony when it comes to Bitcoin

[Anonymous No.15287856]

>>15287613
Then crypto will go to shit too

[Anonymous No.15287865]

>>15287613
Alts will die BTC will stay alive but it may crash hard too

[Anonymous No.15287876]

>>15287635
you are wrong
Crypto is currently an investment, not cash
In a major downturn CASH will be king, and this does not include Crypto

[Anonymous No.15287886]

>>15287635
stocks go up
Bitcoin goes up

stocks go down
Bitcoin goes up

Bitcoin goes down
It's just a correction before it continues to go up again

[Anonymous No.15287901]

>>15287876

cash is always king
cash will always be king

[Anonymous No.15287909]

>>15287876
>Crypto is an investment

t. zoomer mongoloid

[Anonymous No.15287937]

>>15287909
brb buying day to day things with crypto

>MOOOOM!! We need more cheesey poofs!!!

[Anonymous No.15287956]

>>15287613
Bitcoin is not a value investment, it's not a company, it performs the same in every type of situation. The only reason people would sell is because they need cash, but those who aren't in need will pick up the bags.

[Anonymous No.15288016]

>>15287937
>i dont know what an investment is

t. another mongoloid zoomer

[Anonymous No.15288027]

>>15287901
gold is the king, cash is just printed toilet paper

[Anonymous No.15288042]

>>15287613
Then the next bitcoin bubble will be big unless the bitcoin collapse happens before the economic collapse.

[Anonymous No.15288114]

>>15287901
This boomer saying is retarded since QE

[Anonymous No.15288151]

The truth is that retail appetite for high-risk investments falls greatly during a recession. If a recession happens and the stock market crashes even more, the best case scenario is that BTC remains at its current level (unlikely), and the worst case scenario is that investors (both retail and institutional) cash out causing the price to plummet while they shift towards "safer" investments, like bonds, or even to buy the stock market dip.

Either way, it's not good for BTC or crypto in general.

[Anonymous No.15288213]

>>15287635
Hurr

[Anonymous No.15288272]

>>15288027

gold is a commodity look at my mines
I can pay my weight converted to gold for my freedom from slavery! My straw sips your milkshake! The potential

CASH in accounting the first entry is CASH and when you have no liabilities then it's all capital

what more when it's liquid

gold was transported in chariots back in the day for promissory notes, wealth on cash value

[Anonymous No.15288728]

>>15288016
I told those boomers what was up today, ladies.

[Anonymous No.15288743]

>>15287613
chocolate rain
https://www.youtube.com/watch?v=EwTZ2xpQwpA

[Anonymous No.15289011]

>>15287876
until jews will print more. then it will have the same value as toilet paper mr shekelberg

[Anonymous No.15289060]

>>15287635
Hard to see a scenario other than a huge drop in crypto prices if there is a recession

[Anonymous No.15289093]

>>15287663
this

[Anonymous No.15289349]

>>15289093
you made this in your basement, didnt ya?

[Anonymous No.15289412]

>>15287613
crypto's basically just a hobby for like 99% of the people involved in the market so obviously they're going to fucking sell when shit hits the fan.

[Anonymous No.15289436]

>>15287635
A week ago people went from stocks to crypto\commodities you idiot .

[Anonymous No.15289494]

>>15287613
who knows. I know one thing, I'm not selling crypto during a recession unless things go parabolic

[Anonymous No.15289586]

Servile boomers will get rekt by phuture crypto kings