Monday, 24 December 2018

There is a reasonable chance Bitcoin might likely take a center stage in 2019, and here is why.


I have been keeping a close eye on the housing market, which I have found to be a general good indicator for how well the economy is doing. Over the course of the past year or so, its slowed down pretty noticeably.Now this alone is sufficient to indicate the economy is slowing down, which is enough to get my attention but not enough to make me think anything serious is looming. However, I've noticed that accompanied with this are hedge founds pulling some serious money out of the market.I have a couple of friends who are in Date Science field, that used worked for HF firms in NY, that recently closed shop, in what they believed is in preparation for the storm to come. I asked them if they think we are heading towards a recession, the response was that we are already there, but worst turbulence is yet to come.With so much instability on the horizon, I reason that investors will look for alternative investment opportunities, and as a result, Bitcoin might be the ideal asset. via /r/Bitcoin http://bit.ly/2SjlOGN

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