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RE: Will Bitcoin Be a Safe-Haven During Recessions?

in #bitcoin6 years ago

Think of it this way, markets go down 50% in a recession, sometimes more in the real serious ones, but Bitcoin can go up and down 70% losses all throughout a normal nothing is happening year for no reason whatsoever, so why would it be any different in a recession?

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The volatility of Bitcoin has reduced this year. This post is about what Bitcoin may do during a recession, not a normal market and Bitcoin doesn't go up, or down by 70% for no reason whatsoever.

I agree @sandwichbill - I would love to see what would happen when there is no BTC market manipulation.

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