What Will Crypto Do During The Next Stock Market Crash?

Discussion in 'Digital Currencies' started by SilverDJ, Oct 7, 2017.

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What Do You Think Crypto Will Do During The Next Stock Market Crash?

  1. Soar

    2 vote(s)
    18.2%

  2. Crash

    7 vote(s)
    63.6%

  3. Nothing much

    0 vote(s)
    0.0%

  4. No Idea

    2 vote(s)
    18.2%
  1. SilverDJ

    SilverDJ Well-Known Member

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    As the title and poll say, assuming another stock market crash / GFC type event, what will crypto do in that case?
    Will it be a safe haven for money and hence soar, or will it tank? Or something else?
     
    SilverDJ, Oct 7, 2017
    #1
  2. BuggedOut

    BuggedOut Well-Known Member Silver Stacker

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    Depends on the type of crash. Stock market crash and GFC can be quite different. Anything credit crunchy crypto probably drops as people need to sell for liquidity. If it's like a currency crash and there's lots of cheap money going around then crypto soars.
     
    BuggedOut, Oct 8, 2017
    #2

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