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RE: Only about 100 crypto companies will survive 2018

in #bitcoin7 years ago (edited)

This is very interesting take on the upcoming year. I have been listening to Gerald Celente a lot lately and he keeps saying that we will see a global market collapse of the fiat markets by the end of this year. Do you think that will perhaps push crypto further up in value since it is essentially inflation proof.

I mean if the value of the dollar collapses and it take $200 to buy a loaf of brad then $40k bitcoin sounds pretty damn cheap. What do you think we might see if we do in fact have a fiat collapse? Certainly $40k bitcoin wont be the reality, it would have to be much much higher.

By the way I found this post on @jerrybanfield's #resteem-request channel on discord