A Global Recession is Coming..What Will Bitcoin Do? | ft. Anthony Pompliano | Peter McCormack | MORE

26 Comments

1. Many thanks, I have been researching "next cryptocurrency to invest in" for a while now, and I think this has helped. Have you ever come across – Piyatt Cryptofy Phenomenal – (just google it ) ? Ive heard some amazing things about it and my co-worker got excellent results with it.

2. Well considering it follows the S&P500 it will dump with it, it's what is does after that will be amazing

3. Basically no one knows.

4. Aand the 95pct wash trading volume…. what is 5pct of 10k. Should go to zero

5. If any currency that you have invested already crash during the resicion, if you hold even the currency gets to 0. Do you lose all of your investement?

6. That Carl guy is off his rocker for sure

7. What took you so long to show your face?

8. At the end of the day if people adopt bitcoin price will naturally goes up

9. I've been buying bitcoin and tokoin token this past days with any little funds I get extra my savings because am sure the news will change soon.

10. You need to update your cap ?
    Add the YouTube icon photo onto the cap ? would look nice

11. Here is what will happen.
    Israel goes back to Noahide laws, global all- religion is established, Anti Christ is revealed, aka one world leader sits on the third temple. This is a time when this entity will establish global rule/. Global certainty for 3.5 years. This is when people will praise him/her.
    At this same time the digital currency will have a strong hold as a global asset above all else.
    This is when you will see digital assets sky rocket and also begin to flatten out.
    This movement begins on end of sept. 2019.

    Trump is the last US president. He will be taken down by the boahhide law of sacrifice. During his third year of his second term. Or third quarter.
    This is the proverbial sacrifice for the world. Trump is the last power player who never drank or never sold out to the establishment elite. This he is the sacrificial lamb of America.

    At this point the USA will fall apart. Gold /Silver will go way up, bitcoin and crypto’s will also go up, against the USD.

    During this point the anti christ will move into place upon the third temple thrown and declaring himself G#D among the nations.

    As the Bible declares- no one will buy, sell or trade without the mark of the beast.

    Beast system will devour everything, the mark is the currency, and tattoo upon the right hand. (Digital tattoo mark)

    Basically you will become a digital slave and will never be able to escape /

12. Thanks for video ! 🙂

13. I think Coinmine CEO’s comment at 6:58 was the most interesting one. That made a lot of sense.

14. Cool informative video…. annoying song tho ?‍♂️?

15. jesus is that a UFO CONVENTION? lol where did you find some of these people? hahah

16. If it is 50/50 it could also go straight :p

17. Bitcoin is not stable it's super volotaile

18. Wow Shit Coin

19. Well, when the US$ will be nothing worth, then BTC will be millions of unworthy dollars. Means there must be an other countervalue for BTC.
    We should start to think about an other currency, if it is the Chinese YEN, their own cryptocurrency, gold/silver or XRP as countervalue.
    The rich will take out their money from stock markets and will invest in metals. Some others will sell BTC to get cash which gets worthless day by day.
    So hodl would be imo. the best advise as long as the economy does not get back in balance.
    Imagine Bitcoin is 1 million $ worth, but 1 bread costs 100k$ – that‘s inflation…
    The banks will do anything to survive, so they need to continue functioning by moving their "money" around to "keep" the economy running. How ? Via Ripple payments?
    The governments are already hording tons of gold (China 12000t, USA more than 8000t, etc..) to come out with a new currency backed by gold.
    Or speculative backed by XRP or the Chinese/Other gouv-coins.
    This is when the recession is over and the new money needs to get value.
    For them who hodl'd BTC there will be a good time, as the price will adopt quite fast to the new values.
    But during the time of inflation, hyperinflation and recession there need to be an other value which counts for the economy.

    The scarcity of BTC will then create an implosion/deflation, as there will be only max 21 Million BTC for 8 Billion people. Means each of us can have 0.002625‬ which at today's price is ca. 28 US$ worth. The demand will be so high, the price will explode.
    During the time of inflation, when the electricity will be extremely expensive, a lot of miners will shut down, as they can't afford to pay their electricity bill with the inflated money. Hashrate will go down, difficulty too, for the remaining miners this will be an excellent opportunity to get the rewards fast, which means the remaining BTC will be mined faster.
    Again scarcity again high demand, high price. But in which currency ?? US $ is nothing worth because of inflation…
    Which will be the countervalue in which BTC will be traded ?
    Maybe gold, maybe other precious metals, or just an other cryptocurrency. We will see 😉

20. A co-worker was bragging about her new Galaxy S10 phone. I said: cool! That phone has the new crypto wallet on it. She asked what is that? I said it's a crypto currency wallet to hold bitcoin.
    When I said bitcoin, she acted like I started preaching about Jesus or somthing and made a mad dash to get away.
    Amazing how folks are afraid of BITCOIN.

21. STUDIES SHOW THAT PEOPLE ACTUALLY TAKE MORE RISK WHEN A RECESSION HAPPENS. FOR EXAMPLE, PEOPLE BUY WAY MORE LOTTERY TICKETS IN A RECESSION

22. Love the video guys. Hated the song after the 7th minute lol

23. When the shit hits the financial fan (very soon) most noncrypto citizens will invest in gold and silver, But cryptoholders will Double Down on their favorite crypto's at a bargain.

24. I think the last guy had the best response. Here's what I'm wondering though. Can't WE have a say in that? Those of us who are putting money into BTC and ALTs? For example, if we continue to put a bit of money every week or month, that should help the price go up right? As we get closer and closer to a recession, I would expect MORE people to put their money into BTC as they will see fiats going to shit as in Venezuela, Argentina, etc., with the mentality of "hey, this piece of shit FIAT is still worth something, let me put it into BTC". However, BTC could retrace once people NEED that BTC to make everyday survival purchases. Either way, during/after the recession, I see BTC earning more trust from those who are doubtful now.

25. Old man saying litecoin is undervalued is like saying fake Gucci on eBay is undervalued compared to real Gucci at the Gucci store. Litecoin is a Knock off. Don’t let these litecoin pumpers pass their bull s h I t.

26. Bitcoin its money why would you go back into fiat, theres no point on going back!

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