The Cryptocurrency "Panic Buy" That's Still to Come

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Mark Mason

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Feb 24, 2017
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The Cryptocurrency "Panic Buy" That's Still to Come



Cryptocurrencies can be a safe haven during uncertainty. Recent war drums surrounding Korea have shown that, with a breakout in the price of Bitcoin to unprecedented levels. However, the flight of capital to digital assets has largely reflected a first-world attitude of safety and trust in current systems. As someone who grew up in a third-world country, I can see the crypto buying habits of this recent spike as an indicator that nothing has gotten too crazy yet. When things really get scary we’ll see an entirely different panic buying frenzy for digital currency that will look not at all the same.

Read more: https://www.dashforcenews.com/cryptocurrency-panic-buy-thats-still-come/

 
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