RECESSION EFFECT ON BITCOIN




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37 Comments

  1. 'Flirt With Your Neighbour' coin is going to the moon, cos they have MORE developers working on the project than Litecoin does. 'Flirt With Your Neighbour' coin has a great dev team, consisting of an old lady and her one-eyed cat, working HARD to propel this project forward. That's a bigger and more sophisticated dev team than Litecoin currently has. And at least 'Flirt With Your Neighbour' coin actually has a real world USE CASE.

  2. BITCOIN will be worth exactly $100 million dollars or 1$ dollar per Satoshi.It is going to be max out or caped out to the last available coin possibly for the next decades to come.We couldn't ever max Gold because it is a rare commodity BUT WE STILL DON'T KNOW HOW MANY LAST PIECES ARE OUT THERE DOWN IN THE GROUND OR MAX CAP.
    But with Bitcoin we do.
    Sorry Glen I will disagree that we won't know how to measure the value of Bitcoin,It will be with the dollar that will be use to measure each Satoshi to amount a Bitcoin, but the Dollar will be a Dead/Zombie currency similar to a Junk Coin.
    In the future,I could picture curious children are going to ask Why Bitcoin is measured at value of Dollars and it will be a historic tale of the Paper Fiat that it was used and it was lefted alone to measure each Satoshi per each Dollar as Bitcoin will become the World Currency Standard.That's why I know each Bitcoin will become $100,000 million worth to each Satoshi unit or its End Game,and from there on, people will draw power source from BITCOIN to fund the other AltCoins.

  3. Hi Glen. What do you think about QE before we fall into a technical recession and no deflationary event ? Imagine if we just print into hyper inflation and never look back

  4. Hi Glen I am seeing a kind of similar scenario like 2008. If I’m correct then Gold, silver bitcoin take off from now until the deflation happens maybe 6 months. the ratio of these assets to stocks will be much higher. So when we deflate even if people want to move to gold the price will already be high as a ratio of their wealth/savings. I still see gold breaking 1900 before the deflation. Bitcoin also new highs I imagine. Just my thinking. In any case only a small percentage of people will ever be able to buy insurance cheap those are the early birds

  5. Hi I'm sorry that you hold any high risk coins. I say that because gold in Argentina today went to 80,000.00 peso an oz . The whole world is on the brink too. Be safe food, water, security, and metals will get you to the other side.

  6. When the Economy crashes so will Bitcoin. I will be buying Bitcoin between $500 and $1500. The recession will pull everything down, even gold and Bitcoin. The 2008 recession pulled down Gold if you don’t believe me go look at it. If Bitcoin is digital gold then it will fall down just like gold did in 2008 and then shoot back up again. This will be a deflationary recession for a short period and during that time Bitcoin will fall below $1000 for a short period of time. When they start printing Bitcoin will go to $1,000,000 in months.

  7. Glenn, I've been saying that I think everything is going to go down at the same time until they start pumping out the dollars to infinity.

  8. Glen. Are you aware that Litecoin has had next to NO developers working on it for months? BAIL BAIL BAIL!!!

    Personally I'm into Cardano.

  9. First time viewer here. Great video. Subscribed. You're right its probably gonna get shaky soon. In fact the world economy is going to get shaky. I went through 2008 unscathed. This next one could be a lot more disruptive. Good luck to all.

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