So the Fed raised interest rates again today and stocks have been been selling of as investors lose confidence in the market, many astute investors speculate that the run up since the aftermath of the GFC has been fueled by quantitative easing and low interest rates. The fed also indicate they plan to continue hiking rates at least twice over 2019. How will Bitcoin fare in this evolving financial landscape? Most people seem to have the opinion that small volatile markets sell of first in times like this but the indication from today says otherwise. Will bitcoin limited supply aspect make it lucrative over the coming years. Will crypos evolving unique and new business models hold value when a recession inevitably hits within the next 5 years, maybe this is where it finds some market dominance as old business models begin to fall apart in a new landscape? People seem to argue that everything about Crypto makes it a terrible asset to hold in a recession, but theres many unique aspects to explore on this argument. Lets talk :)
Submitted December 20, 2018 at 03:58PM
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