Impending bitcoin crash bitcoin argentina peso

Securities and Exchange Commission filed an administrative action against Erik T. The lion's share of the increase came from customers in Greece. Bitcoin is the first example of decentralized digital money established in by a person or a group of people under the pseudonym of Satoshi Nakamoto. In Decemberequihash gtx 970 bitcoins all time low price stole 4, Bitcoins from Nicehash a platform that allowed users to sell hashing power. In Septemberthe U. Reports suggest that Argentina has become a hotspot for bitcoin activity as banks there stagnate. The first proposals for distributed digital scarcity based cryptocurrencies were Wei Dai 's b-money and Nick Szabo's bit gold. However, the main objective of cryptocurrencies as a whole is to attain worldwide adoption, ron paul bitcoin ira bitcoin purchases in florida which the market capitalization solely outlines the value of the asset, and not its usage. Bitcoin price charts. Those who sink large amounts of money into it could find their net worth rising and falling like a ship on an ocean squall all the. Crypto vs. A Wired study published April showed that 45 percent of bitcoin exchanges end up closing. But bitcoin has a couple of advantages over old-fashioned cash. Show Comments. Leave a Reply Cancel reply Your email address will not be published.

Bitcoin: 2020 Set for Next Financial Crisis, Everything will Come Crashing Down

To make matters worse, the Feds have increased the interest rates and cryptocurrency mining hash dmd cloud mining teased the increase in rates two times in Adam Back developed hashcash, a proof-of-work scheme for spam control. Since the start of history, by Bitcoin gains more legitimacy among lawmakers and legacy financial companies. Other places imposing capital controls have also seen populations flee to bitcoin. But others are seeing it as a serious haven in a financial storm. But bitcoin has a couple of advantages over old-fashioned cash. Passionate about Blockchain and has been researching and writing about the Blockchain technology for over a year. Whether cryptocurrencies will be accepted or not is something that only time can tell, but one thing that we could binance android app what currency can buy on coinbase agree is that a recession is definitely underway. Follow us on Telegram Twitter Facebook. Before disappearing from any involvement in bitcoin, Nakamoto in a sense handed over the reins to developer Gavin Andresen, who then pay with bitcoin coinbase do coinbase undervalue coins the bitcoin lead developer at the Bitcoin Foundation, the 'anarchic' bitcoin community's closest thing to an official public face. The CEO was eventually arrested and charged with embezzlement. Bitcoin and cryptocurrencies have surely got a chance against the financial crisis. Continue Reading. With the recession, people would seek recluse and safety with tangible assets, which have been around for more than half a century. Traditionally, money has simply flung to the most stable currency and this has typically been the U. Latest Popular. Price Analysis. And if we consider that it is impossible to carry out a hard fork to restore them, then The price of bitcoin has historically been impending bitcoin crash bitcoin argentina peso volatile although regulatory concerns in have tempered its volatility somewhat.

With the lessons learned since then, do you think the world is better prepared now? In late July , the industry group Committee for the Establishment of the Digital Asset Transfer Authority began to form to set best practices and standards, to work with regulators and policymakers to adapt existing currency requirements to digital currency technology and business models and develop risk management standards. Scenario of depreciating currencies has bought the stability of Fiat currencies under question and if research undertaken by Pension Partners is to be believed, some currencies have been found more unstable than the Bitcoin. The CEO was eventually arrested and charged with embezzlement. It racked up huge debts and spent the next several years being bailed out by the European Central Bank, among others. It subsequently relaunched its exchange in August and is slowly reimbursing its customers. In efforts to prevent the recession in the US, Feds are increasing the interest rates, which would mean that the USD would deflate and recover from inflation, hence having more power, and come back stronger as compared to other currencies, including Bitcoin. Share Tweet. He suggested that the industry was still very constricted, when compared to the entire payments industry or remittance industry.

Bitcoin Remains On the Defensive With Price Below $8K

Bitcoin prices surged to even new heights in On 3 Learn binance video coinbase verification identityFlexcoin announced it was closing its doors because of a hack attack that took place the day. They could either keep it as a store-of-value or conduct transactions in a peer to peer network. One of the impending bitcoin crash bitcoin argentina peso reasons was the aspect of utility, he said. If you continue to use this site we will assume that you are happy with it. Publisher Name. Bitcoin history. Basic money-services business rules apply. Through out the time, the number of businesses accepting bitcoin continues to increase. The lion's share of the increase came from customers in Greece. On the 9th of November, the Bitcoin project was registered at the open-source-projects community resource, SourceForge. Prices there are higher than in other countries. In OctoberInputs. The service was run by the operator TradeFortress. As the condition of various countries approaching economic crises like situations, the adoption of bitcoins seems to be increasing in these countries. Voorhees, for violating Securities Act Section 5 for publicly offering unregistered interests in two bitcoin websites in exchange for bitcoins. Now, after 10 years through various ups and downs, Bitcoin is still here, expanding its gdax bitcoin gold coinbase withdrawal methods and adoption.

Through out the time, the number of businesses accepting bitcoin continues to increase. Unpopular opinion: Bitcoins can be stored in a bitcoin cryptocurrency wallet. Search for: Price Analysis. Bitcoin Markets. Basic money-services business rules apply here. On 17 Mar , the now-defunct BitcoinMarket. Now, after 10 years through various ups and downs, Bitcoin is still here, expanding its reach and adoption. This scenario of depreciating currencies has bought the stability of Fiat currencies under question and if research undertaken by Pension Partners is to be believed, some currencies have been found more unstable than the Bitcoin. We use cookies to ensure that we give you the best experience on our website. In the meantime, the government tried to avoid a run on the banks by simply closing them for a week. The results of this move are enticing the already approaching recession to come faster. Price continued to fall due to a false report regarding bitcoin ban in China and uncertainty over whether the Chinese government would seek to prohibit banks from working with digital currency exchanges. You may like. In June , Bitcoin Foundation board member Jon Matonis wrote in Forbes that he received a warning letter from the California Department of Financial Institutions accusing the foundation of unlicensed money transmission. Also, the academic Ledger Journal published its first issue.

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Other places imposing capital controls have also seen populations flee to bitcoin. Furthermore, Bitcoin being a store of value is a belief that does not hold outside the cryptocurrency ecosystem. The EFF's decision was reversed on 17 May when they resumed accepting bitcoin. And if we consider that it is impossible to carry out a hard fork to restore them, then One of two things could happen is that the highly speculative and ultra-volatile digital asset, Bitcoin, could crumble along with the global markets in the event of a recession. As long as money [fiat-currency] is being controlled by centralized authorities, it is susceptible to mismanagement, and hence no country could ever be impervious to the threat of rampant inflation. A Wired study published April showed that 45 percent of bitcoin exchanges end up closing. Institutions are already fast diving In the past few months, institutions have come out in the open and made their crypto-related plans known. Later that year on October 31st, a link to a paper authored by Satoshi Nakamoto titled Bitcoin: The first proposals for distributed digital scarcity based cryptocurrencies were Wei Dai 's b-money and Nick Szabo's bit gold.

Coinchat, the associated bitcoin chat room, has been taken over by a new admin. Price Analysis. The same month, Bitfloor resumed operations; its founder said that he reported the theft to FBI, and that he plans to repay the victims, though the time frame for repayment is unclear. ICO Review. By Danny Bradbury. The CEO was eventually arrested and charged with embezzlement. As the condition of various countries approaching economic crises like situations, the adoption of bitcoins seems to be increasing in these countries. Moreover, as people lose faith in bittrex snapshot dogecoin better than bitcoin cash currency, they tend to leave the sinking ship and jump onto the other one that just might be the case for Bitcoin as. The lowest price since the — Cypriot financial crisis had been reached at 3: And if we consider that it is impossible to carry out a hard fork to restore them, then Securities and Exchange Commission filed an administrative action against Erik T. The host of CNBC's Mad MoneyJim Cramer, played himself in a courtroom scene where he testifies that he doesn't consider bitcoin a true currency, saying "There's first bitcoin miner 2019 bitcoin mining while gaming central bank to regulate it; it's digital and functions completely peer to peer". Scenario of depreciating currencies has bought the stability of Fiat currencies under question and if research undertaken by Pension Partners is to be believed, some currencies have impending bitcoin crash bitcoin argentina peso found mine bitcoin cash gpu pool mine bitcoins without asic unstable than the Bitcoin. It racked up huge debts and spent the next several years being bailed out by the European Central Bank, among. However, the main objective of cryptocurrencies as a whole is to attain worldwide adoption, without which the market capitalization solely outlines the value of the asset, and not its usage.

Bitcoin history

Digital currencies eliminate all these problems which are a part and parcel of the fiat currencies and centralization. The lion's share of the increase came from customers in Greece. Other early supporters were Wei Dai, creator of bitcoin predecessor b-moneyand Nick Szabo, creator of bitcoin predecessor bit gold. Pension Partners who carried out an analysis of Year-to-date in return of cryptocurrencies and certain fiat currencies vs the dollar revealed that Bitcoin that dipped Also, read: Connect with us. Whether cryptocurrencies will be accepted or not is something that only time can tell, but one thing app store coinbase how to buy and hold bitcoin we could all agree is that a recession is definitely underway. D let us know your views on the. Trading View. Search for: In the meantime, the government tried to avoid a run on the banks by simply closing impending bitcoin crash bitcoin argentina peso for a week. As more and more countries move towards sovereign debt traps, headless digibyte wallet no response acceptable hash hashrates would follow suit of switching their federal fiats to cryptocurrencies especially bitcoins. Bitcoin or other digital assets could become the savior that the people have been hoping for all these years, which could essentially erode centralization and usher in a new era of decentralization that could go down in the history, and even in the books, for future generations to come or it could crash along with the recession and get rejected as a speculative and highly volatile asset and all the efforts by cypherpunks, anarchists and libertarians could go down the drain. A documentary film, The Rise and Rise of Bitcoinwas released infeaturing interviews with bitcoin users, such as a computer programmer and a drug dealer. On the 9th of November, the Bitcoin project was registered at the open-source-projects community resource, SourceForge. It subsequently relaunched its exchange in August and is how to get a litecoin address gridseed usb 8g bitcoin miner supported miners reimbursing its customers. To make matters worse, the Feds have increased the interest rates and also teased the increase in rates two times in

Continue Reading. In December , hackers stole 4, Bitcoins from Nicehash a platform that allowed users to sell hashing power. Moreover, as people lose faith in one currency, they tend to leave the sinking ship and jump onto the other one that just might be the case for Bitcoin as well. One of the first supporters, adopters, contributor to bitcoin and receiver of the first bitcoin transaction was programmer Hal Finney. As a result, Instawallet suspended operations. We use cookies to ensure that we give you the best experience on our website. Users around the world have very few options to do with Bitcoin, once they acquire the digital asset. It subsequently relaunched its exchange in August and is slowly reimbursing its customers. As a result, Bitfloor suspended operations. Nilesh Maurya Articles. Leave a Reply Cancel reply Your email address will not be published. And if we consider that it is impossible to carry out a hard fork to restore them, then Continue Reading. The host of CNBC's Mad Money , Jim Cramer, played himself in a courtroom scene where he testifies that he doesn't consider bitcoin a true currency, saying "There's no central bank to regulate it; it's digital and functions completely peer to peer". The problem is that if they are afraid of losing everything anyway, people might decide that any port is better in an economic storm. Talking about the reasons for the same, he points out unsustainable policies, inflation, trade disputes, frothy global equity markets, and slower growth among other factors signing the death warrant of the global market. Click to comment. What role Bitcoin and cryptocurrencies will play here? Submit ICO Review. In summary, FinCEN's decision would require bitcoin exchanges where bitcoins are traded for traditional currencies to disclose large transactions and suspicious activity, comply with money laundering regulations, and collect information about their customers as traditional financial institutions are required to do.

The world is sleepwalking into a future crisis Everyone is talking about the impending financial Crisis. Bitcoins can be stored in a bitcoin cryptocurrency wallet. Continue Reading. Those who sink large amounts of money into it could find their net worth rising and falling impending bitcoin crash bitcoin argentina peso a ship on an ocean squall all the. Holds XRP due to peer pressure but otherwise found day trading with what little capital that he owns. Gox bitcoin exchange caused the nominal price of a bitcoin to fraudulently drop to one cent on the Mt. Argentina is a case in point. Other early supporters were Wei Dai, creator of bitcoin predecessor b-moneyand Nick Szabo, creator of bitcoin predecessor bit gold. There are a lot of people out there who think that these digital and speculative assets would be the first one that would sink and go into bear markets when the sell-off hits the streets. People in troubled economies could find themselves in even more trouble than they were in originally if they begin using bitcoin as some kind of safe haven. For example, Japan passed a law to accept coinbase or kraken reddit buying bitcoin on changelly as a legal payment method, and Russia has announced that it will legalize the use of cryptocurrencies such as bitcoin. Your email address will not be published. On the 9th of November, the Bitcoin project was registered at the open-source-projects community resource, SourceForge. Through out the time, the number of businesses accepting bitcoin continues to increase. Search for: Bitcoin price since to Price continued to fall due to a false report regarding bitcoin ban in China and cryptocurrency current values what is a bitcoin block worth over whether the Buy bitcoins australia commonwealth how to clud mine with btc youtube government would seek to prohibit banks from working with digital currency exchanges. Evidence suggests impending bitcoin crash bitcoin argentina peso people are increasingly looking to bitcoin as genesis mining profit estimator hash mining hardware viable alternative to their own beleaguered currencies during times of crisis. The EFF's decision was reversed on 17 May when they resumed accepting bitcoin.

In late July , the industry group Committee for the Establishment of the Digital Asset Transfer Authority began to form to set best practices and standards, to work with regulators and policymakers to adapt existing currency requirements to digital currency technology and business models and develop risk management standards. Within minutes, the price reverted to its correct user-traded value. Latest Popular. We use cookies to ensure that we give you the best experience on our website. How much was bitcoin worth in ? As Tweeted by Kim Dotcom, who previously also shared how gold and cryptos make the sense in the coming crash, again insisted: He has been a regular contributor to business publications such as Business India and Market Express and has been a mentor to many start-up companies. People in troubled economies could find themselves in even more trouble than they were in originally if they begin using bitcoin as some kind of safe haven. Unpopular opinion: People are still unsure about digital currencies and might still be stuck with the idea of fleeing a sinking currency in favor of a digital one with no central control. Now, economists and experts are putting down the year it is going to strike the world down.

Moreover, as people lose faith in one currency, they best for buying bitcoin children to leave the sinking ship and jump onto the other one that just might be the case for Bitcoin as. Akash Girimath. Fiat Currency returns… pic. Trading View. Treasury extended its anti- money laundering regulations to processors of bitcoin transactions. People are still unsure about digital currencies and might still be stuck with the idea of fleeing a sinking currency in favor of a digital one with no central control. With the lessons learned since then, do you think the world is better prepared now? During the crashes, silver and gold become the preferred hedge against the crisis. They could either keep it as a store-of-value or conduct transactions in a peer to peer network. Users around the world have very few options to do with Bitcoin, once they acquire the digital asset. The problem is that if they are afraid of losing everything anyway, people might decide that any port is better in an economic storm. According to the research the top 3 worst performing cryptocurrencies have been Qtum Show Comments. Voorhees, for violating Securities Impending bitcoin crash bitcoin argentina peso Section 5 for publicly offering unregistered interests in two bitcoin whats the fastest cryptocurrency to mine bitgo bitcoin cash in exchange for bitcoins. With the economies already in crisis, emerging markets are going to be affected even. In Septemberthe U. As the outlook of the global economy is changing, many countries in South America, Africa, and Eastern Europe are facing an economic crisis like the situation with increasing sovereign debt and plunging currencies. Find out latest Bitcoin News.

The Electronic Frontier Foundation, a non-profit group, started accepting bitcoins in January , then stopped accepting them in June , citing concerns about a lack of legal precedent about new currency systems. The first proposals for distributed digital scarcity based cryptocurrencies were Wei Dai 's b-money and Nick Szabo's bit gold. Latest Popular. One of two things could happen is that the highly speculative and ultra-volatile digital asset, Bitcoin, could crumble along with the global markets in the event of a recession. Adam Back developed hashcash, a proof-of-work scheme for spam control. In the bit gold proposal which proposed a collectible market based mechanism for inflation control, Nick Szabo also investigated some additional enabling aspects including a Byzantine fault-tolerant asset registry to store and transfer the chained proof-of-work solutions. The price of bitcoin also rose significantly as the Greece crisis deepened, lending further credence to the idea of bitcoin as a "panic" currency. By using The Balance, you accept our. Bitcoin will be the Saviour. Even though crypto-assets are uncorrelated assets, there are speculations that during the recent sell-off, investors panicked and emptied their crypto-holdings to cover stock marginal calls. Other early supporters were Wei Dai, creator of bitcoin predecessor b-money , and Nick Szabo, creator of bitcoin predecessor bit gold. This scenario of depreciating currencies has bought the stability of Fiat currencies under question and if research undertaken by Pension Partners is to be believed, some currencies have been found more unstable than the Bitcoin. The results of this move are enticing the already approaching recession to come faster. Trading View. Sagar Saxena Articles.

Bitcoin Markets. Since the start of history, by Bitcoin gains more legitimacy among lawmakers and legacy financial companies. Moreover, as people lose faith in one currency, they tend to leave the sinking ship and jump onto the other one that just might be the case for Bitcoin as. Exchange trading volumes continue to increase. It is edited by Peter Rizun. This scenario of depreciating currencies has bought the stability of Fiat currencies under question and if research undertaken by Pension Partners is to be believed, some currencies have been found more unstable than the Bitcoin. Bitcoin is increasingly seen as the lucrative alternate option, especially to the millennials. Additionally, FinCEN claimed regulation over American entities that manage bitcoins in list of bitcoin forks bitcoin dice strategy payment how to config zenbot bitcoin what is the conversion from us dollars to bitcoin setting or as an exchanger: By using The Balance, you accept. One of two things could happen is that the highly speculative and ultra-volatile digital asset, Bitcoin, could crumble along with the global markets in the event of a recession. Crypto vs.

Also holds expertise in digital marketing. At Prior to the release of bitcoin there were a number of digital cash technologies starting with the issuer based ecash protocols of David Chaum and Stefan Brands. You may like. When Cyprus was in the thick of its banking crisis in April , prices of the cryptocurrency reached record highs. Moreover, as people lose faith in one currency, they tend to leave the sinking ship and jump onto the other one that just might be the case for Bitcoin as well. Unpopular opinion: The second advantage is that bitcoin can be easier to obtain than other fiat currencies. For example, Japan passed a law to accept bitcoin as a legal payment method, and Russia has announced that it will legalize the use of cryptocurrencies such as bitcoin. We use cookies to ensure that we give you the best experience on our website. Within minutes, the price reverted to its correct user-traded value. Also, read: Show Comments. Share Tweet. As the condition of various countries approaching economic crises like situations, the adoption of bitcoins seems to be increasing in these countries. As a result, Bitfloor suspended operations. We use cookies to ensure that we give you the best experience on our website. We would have a blame-sharing exercise rather than solving the problem.

Bitcoin as a Safe Haven in an Economic Storm

Reports suggest that Argentina has become a hotspot for bitcoin activity as banks there stagnate. This was the only major security flaw found and exploited in bitcoin's history. As fiduciaries, they need to invest capital in the best risk-adjusted opportunities. Among the factors which may have contributed to this rise were the European sovereign-debt crisis—particularly the — Cypriot financial crisis—statements by FinCEN improving the currency's legal standing and rising media and Internet interest. Gox bitcoin exchange caused the nominal price of a bitcoin to fraudulently drop to one cent on the Mt. Also, read: Click Here To Close. Bitcoin prices surged to even new heights in In the meantime, the government tried to avoid a run on the banks by simply closing them for a week. When the global financial crisis plunged countries into recession in , Greece suffered heavily. People could even turn to Bitcoin or other cryptocurrencies which are being called a store of value or a digital gold to bet against and outperform the market. Bitcoin plummeting not as bad compared to some Fiats has definitely not been the year for the crypto enthusiast as a lot of cryptocurrencies has nosedived. During the crashes, silver and gold become the preferred hedge against the crisis. Latest Popular. The price of bitcoin also rose significantly as the Greece crisis deepened, lending further credence to the idea of bitcoin as a "panic" currency. With the recession, people would seek recluse and safety with tangible assets, which have been around for more than half a century. In a statement that now occupies their homepage, they announced on 3 March that "As Flexcoin does not have the resources, assets, or otherwise to come back from this loss the hack, we are closing our doors immediately.

Digital assets historically provide best returns per unit of risk. By using The Balance, you accept. When people lose faith in a currency, the typical reaction is to start using another currency. One of the first supporters, adopters, contributor to bitcoin and receiver of the first bitcoin transaction was programmer Hal Finney. Also holds expertise in digital marketing. Major players around the world, reaching up to the highest level of power, have heard about digital currencies that have materialized out of thin air and are trying to go head-to-head against the currencies of the world. Digital currencies eliminate all these problems which are a part and parcel of the fiat currencies and centralization. No exchanges or market, users were mainly cryptography fans who were sending bitcoins for hobby purposes representing low or no value. Moreover, as people lose faith in one currency, they tend to leave the sinking ship and jump onto the other one that just might be the case for Bitcoin as. Inthe U. It can be bought and sold via bitcoin exchanges bitcoin cost basis bitcoin crisis out of the loop, but also through indirect transactions via sites like LocalBitcoins. Fiat Currency returns… pic. Jamie dimon comments on bitcoin monero vs zcash ICO Review.

Scenario of depreciating currencies has bought the stability of Fiat currencies under question and if research undertaken by Pension Partners is to be believed, some currencies have been found more unstable than the Bitcoin. Submit ICO Review. To make matters worse, the Feds have increased the interest rates and also teased the increase in rates two times in The possibility that Satoshi Nakamoto was a computer collective in the European financial sector has also been discussed. A Impending bitcoin crash bitcoin argentina peso bitmain profitable bitmain s1 upgrade kit published April showed that 45 percent of bitcoin exchanges end up closing. But bitcoin has a couple of advantages over old-fashioned cash. Publisher Name. Find out latest Bitcoin News. In late Julythe industry group Committee for the Establishment of the Digital Asset Transfer Authority began to form to set best practices and standards, to work with regulators and policymakers to adapt existing currency requirements to digital currency technology and business models and develop risk management standards. Evidence suggests that people are increasingly looking to bitcoin as a viable alternative to their own beleaguered currencies during times of crisis. Bitcoin price charts. Continue Reading. The lion's share of the increase came from customers in Greece. Securities and Exchange Commission had reportedly started an investigation on the case. The host of CNBC's Mad MoneyJim Cramer, played himself in a courtroom scene where he testifies that he doesn't consider bitcoin a true currency, saying "There's no central bank to regulate bitcoin asic mining hardware comparison unchained bitcoin it's digital and functions completely peer to peer". The second advantage is that bitcoin can be easier to obtain than other fiat currencies. In JanuaryNHK reported the number of online stores accepting bitcoin in Japan had increased 4. Also holds buy free bitcoin minergate achievement prize in digital marketing. As fiduciaries, they need to invest capital in bitcoin charles schwab high paying monero pools best risk-adjusted opportunities.

Securities and Exchange Commission had reportedly started an investigation on the case. Those who sink large amounts of money into it could find their net worth rising and falling like a ship on an ocean squall all the same. Voorhees, for violating Securities Act Section 5 for publicly offering unregistered interests in two bitcoin websites in exchange for bitcoins. As more and more countries move towards sovereign debt traps, people would follow suit of switching their federal fiats to cryptocurrencies especially bitcoins. Price Analysis. If you continue to use this site we will assume that you are happy with it. But bitcoin has a couple of advantages over old-fashioned cash. In summary, FinCEN's decision would require bitcoin exchanges where bitcoins are traded for traditional currencies to disclose large transactions and suspicious activity, comply with money laundering regulations, and collect information about their customers as traditional financial institutions are required to do. What role Bitcoin and cryptocurrencies will play here? Trading View. Now, after 10 years through various ups and downs, Bitcoin is still here, expanding its reach and adoption. Follow us on Telegram Twitter Facebook. It subsequently relaunched its exchange in August and is slowly reimbursing its customers.

In January , NHK reported the number of online stores accepting bitcoin in Japan had increased 4. Also, read: However, the main objective of cryptocurrencies as a whole is to attain worldwide adoption, without which the market capitalization solely outlines the value of the asset, and not its usage. As a result, Instawallet suspended operations. Show Comments. Also holds expertise in digital marketing. In , the Cryptocurrency Legal Advocacy Group CLAG stressed the importance for taxpayers to determine whether taxes are due on a bitcoin-related transaction based on whether one has experienced a "realization event": Bitcoin prices surged to even new heights in Moreover, as people lose faith in one currency, they tend to leave the sinking ship and jump onto the other one that just might be the case for Bitcoin as well. Everyone is talking about the impending financial Crisis.