Bitcoin Forum

By 2018 the world economy is falling, there is currently chaos in the economy around the world. there are even some countries declared bankrupt by the world this year. a country that is able to survive in conditions like now only countries that have a large gold stock. China and America are currently collecting gold from all over the world. the goal is to maintain their existence and also to survive the coming crisis. I want to know whether cryptocurrency, especially bitcoin, will be affected by the current crisis? I want to hear from the seniors here.

I'd like to hear more about your sources first. Which country is going bankrupt. What is your source for the US getting gold.

How is gold going to help during a debt crisis?


Anyway, my belief, and the belief of many libertarians (which are over-represented in the bitcoin community) is that if the dollar collapsed, people would escape into bitcoin thus pushing the price up.


People have been predicting the fall of the dollar forever, but it hasn't happened yet so don't delude yourself that it will certainly happen in 2018, or any other year without some serious understanding of the current economy.

it is true that the world is currently experiencing a crisis and that has happened to Venezuela, and it is possible that Crypto could also be affected.

We have a lot of *smart* people who speak about that crisis. Unfortunately, they could be right because of our history. 1998 - 2008 - and probably 2018/2019. Another collapse? I don't know, but that could happen.

I think you are merely speculating, How do you know which country is going to bankrupt and which one is not? on the other hands it doesn't affect the crypto markets price only drops in a dramatic way if some big exchanges are hacked and there will be a panicked selling again like last time.

You should have to post this on the economics section since you want this to be discussed as economical condition.  China is one of the great sellers but you need some research about it, as you can see russia is still silent about this gold and other resources even philippines we have this wide source of natural oil that can surpass the economy of dubai, and talking about cryptocurrency adaptation russia and philippines can surpass china because all they are doing is banning projects of crypto blockchain that can help their ecobomy even just a little bit.

There always seem to be someone that says that the economy is crashing every single year, and it really just never happens. Even global recessions have been survivable. I really don't see the death of the global economy in my lifetime.

Either way, gold is very scarce and there's no way hoarding it will be able to save a failing economy. It could help citizens of a failing economy though. It's unlikely that Bitcoin will be affected by any local crisis, but I seriously doubt it would be unaffected by a global one, where everything falls off a cliff.

Everyone has different theories, but ultimately, I hope we never find out.

Crypto would probably go the other way when fiats go down.


Iran has experienced 200% inflation over the last year according to china uncensored.

Here's an article from may that mentions 70% or so inflation in Iran. https://www.forbes.com/sites/simonconstable/2018/05/17/doomed-why-irans-economic-mess-will-get-worse/#7c79509b34fa

What are these countries?

That's one but it's not the "only" way to survive in such economic conditions.

Do you have sources for this entire statement?

During crisis, everyone that has been affected would look for some remedy just to flee from it and crypto mostly with bitcoin will be an option for them. It might be affected but the effect would be very low and its probable that they would choose it as a home for the meanwhile. I'm not an economic expert but this is interesting.

I really doubt if China and America are collecting gold. You should probably include sources, if you want people to take you seriously. Nobody declares countries bankrupts, that is only for companies. Countries default on their debt obligations.
Even if we do have a crisis, I don't think the crypto space is mature enough to benefit as a safe haven asset.

The world economy is not going into crisis in 2018 only some countries like Iran because of the USA's politics which causes the fuel price to sky rocket again but still everything under control there is no big fall in the most of the countries but in future we may have some huge crisis on the countries like USA because of poor managed governments based on some economic experts and even Simpson creators predicted that there will be huge crisis at 2040.

I am not sure if I have heard of nay such news which states that there are countries which are currently going under bankruptcy. Well, though they go under such situation then they will be working on their deflation at the first and may recover situation by taking huge taxes over the products and services within the country.

Anyway gold is always the secured reservoir in many situation because its devaluation is impossible due to ever growing demand of it. The powerful countries will always have these in sufficient amount to cop up the crisis.

Anyways, the real deal is crypto currency that we need to discuss about. According to my guessing, crypto will get affected adversely because most of the investors will sell these for the gold as they will feel it more secure than the digital currency which may get volatilised very fast after the crisis.

We are getting close to that, but not there yet.


Umm.. nope, you're incorrect.


Bankrupt countries, or at least at the edge of bankruptcy, they are at the horizon for some time. Publicly declared bankrupt? No. That's bad business and it won't happen.


Incorrect, by far. There are plenty of other ways, not only gold.


Possibly China, but not US; US are usually overconfident on their printed paper.


There's no crisis, not yet.
Bitcoin will not be affected by any crisis, it works very well.
On the other hand, Bitcoin price may fall, since big investors, the real ones, may have to sell Bitcoin to save other businesses. (Edit: on the other hand, Bitcoin should rise now, before crisis, since people should buy to prepare..)

Are you sure you wanted to know anything and didn't just want to convince Bitcoiners buy gold?

Crisis and its effect on the crypto currency looks to me minimal. You know what it is very much like comparing the apple and oranges !! Yes, crisis wold happen with the countries situation in respect to the trades that are happening within the country. For example, things getting cheaper and government not getting sufficient taxes over it plus international output becoming lesser and lesser day by day and thus not getting any foreign money driven within the country and basically very small and big things that runs the countries economy. Now I dont see how that can affect the environment of crypto currency which is not having any bridge between the two.

Obviously this is an event that every government knows. But what they believe is controlling the market and delaying the arrival of the financial crisis. But this is not a good thing. When the next financial crisis comes, it will be more intense.

In my opinion, there is no clear threat from bitcoin to the financial stability of key markets over the next few years. Bitcoin is the electronic money that has the largest number of regulations and so far the currencies are most likely to get the most legal support. The value of electronic money will be the bright spot in the financial crisis.

Indeed, currently the 2018 world financial condition has declined significantly, but crypto can be an investment that can be profitable even though the crypto value can decline at any time but it is not a very serious problem because of course the world finances and especially crypto will definitely continue to be better and even produce huge profits.

If you are going to red news from all over the world, yes, looks like we are in the brink of another economic collapse. If there is another catalyst, it would be 2008 again. As for crypto, if people are smart, they will run to crypto as store of value or hedge against such disasters. But its just my assumption, I might be wrong though, we really haven't seen crypto, only isolated countries with financial troubles has taken advantage of crypto like bitcoins, so it remains to be seen.

What catalyst? Banking collapse of 2008? Not sure about that. I think the US government will go and try to avert it at any cost. They already have learn their lessons and I don't see Trump allowing it as long as he is the President. He already done a lot, like cutting taxes and economic reforms so it will not be the US as the catalyst if ever another global financial crisis occur.

Crypto has been touted the next gold, so I wouldn't be surprised it a scenario came to light when coins like Bitcoin become the go to hedge of investors globally. Gold and other precious metal will still dominate followed by crypto perhaps.

Crypto currency is their answer most likely.  The governments have been way to alright with a competing currency hanging out.  Usually its an all out war to destroy and kill the competitor off.  I'm positive this is the next iteration of controlling us with technology.  They will now see all transactions and have a tax weapon to yield against us and keep us poor. 

If you don't see a global collapse happening, then you're either too stupid or you're ignorant to even think about it. Every country has a fuckall GDP, people are taking more loans and not ever paying back. The cost that these loans come at itself are so fucked. An average of the interest rates is estimated to be at around 60-70% PA. Welfare system of every country sucks. On top of that, people are entitled to pay taxes which they don't,and the taxes rates is another fucking barrier. People are too interested in bothering about how they look on their Instagram,or if fish4hoes.com (http://fish4hoes.com) is a good site or not. On top of that, people are interested in going for wars witj other countries because bitch their ego is fucking huge.

1998,2008, and now 2018 I think this is now also an economic crisis especially this is felt in the crypto currency investment business, many investors suffer losses then selling their assets ontak this triggers a deeper fall in prices, and invites other investors to make sales their assets, this was also triggered by an economic attack by the United States on some countries,

Oh but I don't think he's just saying anything to derogate any country. He's right, economies are getting tanked each day and the superpowers are also continuing to maximize their economic powers. The world is being controlled by some few countries but it's occurring "subconsciously" so we don't see it well. For instance, China is taking over the African economies- they keep on offering huge loans with partnerships and so on and so forth. We're in a new form of colonization.

In some countries in Europe also are still in a crisis, we are experiencing a big dump in some market. In my place, the inflation is very high and our economy are slowing down, maybe we are really in a crisis and later on, world financial crisis will happen again as debt worldwide continues to rise. Hopefully, cryptomarket can be the key to prevent it or may this can be a good alternative if crisis happens globally.

hypothetically true, if we are to study the previous years, the economy is getting worst every year, these are results of current crisis in the rich countries, conflicts and war against each superpower, ever growing population and unemployment in almost all economic countries, this will surely affects crypto in such a massive way, inflations are a common problem globally. it is like a domino, an after effect  due to wars and conflicts in different parts of the world. politically ruled out. natural disasters occurs destroying lives and properties adds up to the factors that affect the worlds economy.

What is the essence of hoarding gold if there will be a global crisis? Gold could be beneficial if the crisis is restricted to just one location. Neither Cryptocurrency nor Gold will be very beneficial in a global crisis. The new Gold in my opinion would be long lasting quality food

You seem to be overly paranoid for recession. World economy is not going to fall and even if it does it would be far from chaos that some people have in their mind. However, it would be good for cryptocurrency as people would need to invest their money elsewhere when real recession hits the market but it won't be as bad. no chaos.

It is interesting to see how China is becoming the world's strongest financial superpower. Nowadays, USA does not seem to worry about this status anymore, as they tend to focus more on local issues. The ridiculous amount of credit China has sourced out both domestically and internationally is a bit scary, and they must be able to control the situation with strong and rational regulations to avoid a worldwide crisis.

Early Turkey was said to face crisis and then now, its Dubai's turn. Its true that gold is much appreciated to hold in times of crisis. From the bitcoin has been created, the world has not faced any crisis and so its difficult to predict the role of bitcoin if a world crisis occurs.

I can't precisely predict crisis and I don't want to claim it will happen in 2018 year, because year is close to the end,but I am sure that crysis will happen in next 3 years. S&p 500 is growing for almost 10 years without correction and the longer this period is, the stronger dropping is gonna happen.
I believe people will start to covert money in gold and in bitcoin,other top crypto currencies and as long as crypto market has very low capitalisation compared to stock market, crypto will definitely blow up!
10 x growth is the first target!

Based on the last statement, certainly gold will not be available to everybody, but in this case, crypto is going to be available to everyone and for that reason we might see citizens of countries trying to utilize this space as a safety net for them so as not to get burned by a crisis.

With this kind of thing, I want to believe that even when the countries will be back from recession, if it will ever happen, people would have gotten accustomed to the usage of crypto as a currency and then the control it gives them, and will make it less appealing to even want to go back into fiat.

as far as I know the countries experiencing economic crisis are countries that fail to regulate the economy in their countries by giving excessive subsidies to their citizens so that citizens become lazy to work hard because of the large subsidies from the country, especially oil-producing countries, when oil experiencing a price decline that is so far away that they will get a disaster because of their failure to regulate the economic system in their country
does it affect cypto ?? I think it's not because crypto has its own system

Spot on, im not hearing anything about chaos in economies, ok we are hearing about trade wars
which MAY lead to something bigger but thats it.

When there are more soundings about possible crashes and such in economies Bitcoin will be a
safe haven for many.

if in my opinion, of course it is affected. and it is clear now that bitcoin is starting to hunt every month. because bitcoin is also an economy. if the economy goes down then obviously bitcoin will go down

Basic assumptions, which is what I call all these. We might see a global recession in coming years, but that does not mean people will not end up living through it. It has happened in the past, it would happen again, but it is not like this would be the end of the world.

However, I believe how things want to play out should have a huge effect positively on cryptocurrency anyway as people will definitely be looking for a safe haven, and with all these trade wars going on, I guess you would not want to be in the middle of two elephants.

Economic crisis could affect the entire crypto currency by means of, it will decrease the volume of people who are engage in crypto world because of economic crisis, some investor would also tend to withdraw some of their hold bitcoin because of very low price of bitcoin, this is happen to every one who cannot afford to lose eveything and they end up cutting the nuts just to save some of their profit.

Each and everyone concerned with cryptocurrency is in a mess due to the instability of the coins on the market. Most people have become very hot and are undecided on what to do now.

But they have known that this market is famous for that, market was always not stable and price were always in move so for me if someone put their money here he knew that it could go at the some down and up.

Instability though has been present since crypto took off so I don't know what mess are you talking about. If what you are pointing out is the current downfall of crypto, then its should be a eye opener for all of us because we all know that crypto can't go on a parabolic rise.

Regarding the reluctantly, its just normal though as investors are getting smarter and doesn't want to get their money burn in this bearish trend. So I wouldn't mind this mess or something, its up to us to become flexible and not blindly invest.

Not sure whether there will be economy crisis in 2018, but the housing market in where I live have gone down a lot lately. Crypto currency also has not recovered yet. Tech stock seems to be still doing well. We will see what happen in 2019.

Many simply because of the crisis can direct part of their savings in bitcoin.The probability of this is very large.Bitcoin will not be able to influence the traditional financial sector.Most likely, after the crisis, there will be some good trend for accepting bitcoin.

Speaking of the world crisis, For me ordinary people who are said to be rich but say poor are also pretty good, the world economic crisis can be said.
"The atmosphere is like a car running fast. Suddenly braking. Suddenly Abundance. Many companies including cryptocurrency and Bitcoin who slipped. Or rolled. Get into a gorge. "

How to overcome the negative things about bitcoin and cryptocurrency, One of them, the government must pay attention to the phenomenon of anomalies when the Stock Price Index, Then, with this growth of bitcoin and crypto assets in financial markets continues to rise, not reflecting the real world economic conditions.

It takes a lot of time to apply cryptocurrency. There must be another plan until its time has come. Perhaps there will not be economic crisis, if governments don't cheat in economy. Crypto may be good for trick, but we don't have enough time and need reform.

Countries that have a large gold stock will be able to survive a deep economic crisis I agree with that, however for what I know the United States has been selling its gold in an effort to suppress the price of gold, if they didn't do that the price of gold will probably be four times higher than it currently is, so it's likely that the United States is going to be deeply affected by the next crisis.

Many countries have declared bankrupt? It seems like I have missed important news, do you have related articles? It seems that many well-known news portals missed this news too because they prefer to spread FUD, such a shame. There should be more people who spread trusted news without encouragement from other parties, but unfortunately you’re a shy person, after created this thread you just disappear even though there are many things I want to ask and maybe some members here is as same as me :(

Turkey was first expected to collapse but it escaped due to the support of Qatar. Now Dubai is said to face a big crisis. From the day bitcoin was created, the world has not faced any crisis. So its difficult to predict about bitcoin's stage during such crisis. I think that most of people would prefer gold over bitcoin during such crisis because gold has proved to be worthful for centuries.

Perhaps cryptocurrency may have a big role for that. Since gold is a way to put your money that can't be harmed by that crisis maybe crypto can also be done by that.

I don't know why Venezuela is currently going through this financial crisis at all, They are one of the leading oil providers in the world, they just can't say that they have used all the money they got from oil throughout the years, it's really absurd.

Did you mean of 'bankrupt' is experiencing severe inflation? I haven't heard of a country experiencing bankruptcy like a person trading or having a business. However, the most vital problem of a country is inflation that will always be faced every year, even now there is a country that was experiencing severe inflation even more has been referred to as hyperinflation , yep everyone already knows Venezuela.

Bolivar currency has fallen and reached its low point. High inflation made the economy of the socialist country in a sad state. So, there were some parties who argue that cryptocurrency can at least save the economic situation in Venezuela and finally Nicolas Madura accepted the proposal, so as this is first cryptocurrency was regulated by the government. And til now the cryptocurrency can be expected contribute the Venezuelan economy become stable, we will wait for what will happen in the future.

The peak of the global crisis has not yet come, but it is inevitable. The global economic crisis can lead to significant changes, for example, bitcoin can replace the dollar international financial system. Matter of time!

We do not actually know whats going to happen during a global recessions. Times during crisis might give us unexpected result. Remember, everyone will be in indeterminate  and confused state. So, what will happen during that period depends on what people decide during the exact moment. During world crisis, there will be less job, less employment, less money flow, inflation etc. This might cause people trouble buying bitcoin. Again, we might see people using bitcoin as a currency, the way it was meant to be used.

On the contrary, Bitcoin can replace the main fiat currencies and thus ease the problems of the global economy.

Well you're probably looking at a lengthy wait if you ask me. A world crisis may very well affect negatively not just the dollar but even crypto. I don't consider that as something that would propel btc over fiat.

A world crisis like the one that happened in 2008 is not something that happens that frequently, there have been many countries that have suffered problems during that time frame but the world economy is still in a relatively good shape, but as we know there are many indications that a crisis is going to happen in the future, we do not know when, but when it happens it is probably going to be one of the worst crisis in the history of the world

If economic crisis getting more bigger, i am believe people will find alternative currency that can maintain their asset value. Bitcoin can be that option because bitcoin price always increasing year on year and bitcoin is store of value

Countries going broke have to collect money somehow to revert the situation. It would be wise if they cut expenses, but it usually doesn't happen, so they increase taxes and start extorting the population. That is when Crypto-Currency appears. Those who have money and want to hide it from the government to avoid taxes can use Bitcoin to convert their funds and keep it away from taxation.

Or Crypto-Currency appears when the country is totally broken, in chaos, like in Venezuela. People start working online for pennies, anything worths, because their local currency is too devalued. Others find in Crypto-Currency a profitable investment, a source of extra income that help them to survive during the crisis times. However, none of these Crypto impacts are solutions for broken countries, they are just palliative. Solutions are made through efficient changes in politics.

bitcoin and crypto-currencies are not ready to take over the properties of gold, because it would mean to take over the management of resources, so I believe that there is no

this seems to be a very high economic crisis, many people are trapped at very expensive prices and cryptocurrency prices also do not rise again which causes many people to lose money and no more money because they are stuck in cryptocurrency...

The economic system that we currently have is becoming more unstable as time passes and it's possible that some point in the future those in control of the economy will lose control of it and when that happens most of the currencies of the world will go through a very high level of inflation and at that point people will try to find something to protect their savings and bitcoin could be an option at that point.

I agree on you.People nowadays are facing too much crisis knowing an inflation had taken place.Prices of all commodities have been increasing exactly opposite to the crypto market which is continuosly falling its price.I believe negative news will really make a big effect on crypto so let's just be more patient to wait for some positive news to make its price increase again.

World crisis? I think the strong impact of dollar strengthening is only affect few countries and some of these countries are not big players or who don’t have a strong influence on the current global market and economy, so it’s not appropriate to say that. Trading war between America and China also raised new hopes that China could be a stro (http://hafana.com)ng competitor to fight the superiority of the USD and US itself. Even if the economic crisis would occur because of the transition from USD to CNY.

There is inflation all over the world but it does not mean we are on a global crisis. I doubt world economists will not do certain actions to stop this high inflation rates. So let us leave everything to the professionals and not to worry more on this high inflation rates because it will someday be resolved.

As I think we will see world crisis in 2020, now is only the beginning lol

There might be a world crisis but nobody know when will it happen. Some expert believe that it is a part of global economic cycle, and there will also a downturn somewhere in the future. So what should we look for in terms of warning signs?  The global inflation will rise faster than people expect, interest rates have to rise, and consequently there are serious defaults. There i might also a trade war amonth the big nations.The worst case would be a sovereign defaultin their debt payments.

2018 is just few weeks to be over which gives quite a number of countries that relies on budgetary system to get a chance to start over by correcting some of the mistakes made in 2018 and also solidify some of the areas they got right and up till this moment, I have not read about any country that have declared bankruptcy in the world.

There is nothing wrong with countries trying as much as possible to gather whether oil, gold, bitumen, or any material in other to maximize their power over other nations. Its simply a capitalist world that everyone is trying to outshine the other and it does not directly means there is a crisis coming ahead.

Yes truly this is the year of world crisis we got the very critical situation especially our payments now we expect to survive our needs but our tokens have no value.but we do hope before this end of this year for the price increase.

Don't worry, the global financial crisis will not break out in 2018. People usually think that the financial crisis is once in 10 years, but in fact the financial crisis is a cycle of 5 - 7 - 11 years. The foreseeable financial crisis will not happen.

This year, the trade war between China and the United States has had a serious impact on the world economy!
Many countries in the world are facing a serious economic crisis!
There is not enough money in the hands of the people to invest in cryptocurrencies, causing a downturn in the cryptocurrency market!

Yea, this seems far fetched,.
Whst are the sources of this infromation or you any at all? It seem unlikely that US is buying gold, also wouldnt that impact gold price?

You seems to have no ideas what you are talking about. Economies are booming in 2018. Many coutries with zero gold stock are among those booming countries.  China and USA are not collecting any gold. Russia does collect lots of gold.

Everyone talking about crisis which is coming, but I did not see yet that we even get out of last crisis. How "new" crisis will affect the crypto market, I think that we will see downtrend shortly after that, but after mini down cylce I think we will see an updtrend like never before.

Too late for a worldwide financial crisis mate, and the parameters are not filled to get one. Statistically, we're living the opposite, the economy is going up for a few months. Give up with gold, the Dollar isn't backed by gold since 20-30 years. And (statistically too) people who own most of the gold are the Indian womens.

2018 almost and i think there is no big effect to cryptocurrency price. But i think if economic crisis happen, cryptocurrency will be attractive for new investor because they must switch their funds from old investment instrument to crypto because crypto is digital asset

I agree with you sir the whole year 2018 is a massive crypto currency crisis. I can say that because every day I always monitor the trend of all crypto currency and also the value of some other token that I have. This would have expected my savior  despite of all inflation that happen to my country  all real goods and stock are really high price value so I would say that 2018 is really bad I think all people are affected because of this matter.

Yes, US dollar is in trouble as countries are now starting to get agreements with their own currencies and now involving dollar as a main currency. Also Digital currency can be another factor for this so called Crisis. Canadian Currencies is gaining more popularity than the US dollar and this is alarming for the US.

While it seems you are correct when it comes to noticing the economies of the world are very weak it seems very unlikely to me we are going to see the economy crashing during the next two months, even in their current weakened state the economy can last for a long time, so if I were you I will not think too much about it and concentrate on things that will surely happen first.

World have faced crisis with many case of economic and now bitcoin faced the same thing with bitcoin and altcoin price always drop, but we have support and keep bitcoin or altcoin keep strong by have higher price at the future.

LOL, I dont think Canadian dollar is a threat to USD.  Only threats to USD are CNY and Bitcoin.

First i dont think its the world crisis that we faced right now, and seconds what happening in 2018 is a trade war between 2 big country which give a big impact on economy of all country. I do think every aspect of economy will have an impact on cryptocurrency especially regulations. But i think we still in early stages of developments which i think its good thing and will make cryptocurrency as a better investments in future.

If you are asking about the what happened this 2018 in crypto world, I can't deny that cryptocurrency face a lot of difficulty in terms of its price value. I think just recently crypto currency market was dropped for almost 27M$ where almost all altcoins declined its price value as well Bitcoin also got dumped its price too. But still majority of the bitcoin investors didn't get worry and affected by it about this situation as well.

This will not happen in 2018 this year. Although the world economy has already experienced a crisis, the financial crisis is usually unpredictable. Maybe it won't happen when people are ready to meet it, and politics can affect the market economy.

In the U.S. it all depends on the FED. If they keep on increasing interest rates (which they will), it will be the detrement of our economy. 2019-2020 will be harsh. Plus, it will all be blamed on Trump.

I believe in a crisis, however and a long term, just not knowing if it is a crisis that will happen in all or some countries, we hope in the future!

Actually what I get about this is, it’s most the game played by investors and specially banks. On international level, they become lobby and this forward block had down the links for bitcoin.

The world financial crisis will not come. In 2018, only a small country will have a financial crisis. Argentina and the like may happen in 2019. But the world will not happen, and all this, the cryptocurrency will disappear.

I think, 2018 has been a tough year and a crisis for the crypto currency because since the beginning of the year until now the crypto price has continued to decline and many people have lost their money, I hope this will end soon and will recover soon

Stay positive mate all will be getting good sooner, and yes i am agree that many people already experience losses and me also almost half of my capital already in danger but still the coins was kept into my wallet waiting for changes in market value.

I think cryptocurrencies, especially Bitcoin, don't affect the global crisis. It is precisely people who store bitcoin as alternative money for reserves when the global crisis occurs. Despite the fact that many countries and governments declare war on crypto, their efforts to remove crypto circulation will not be achieved. Because there are still many people who still believe in bitcoin.

I read that the global crisis is likely to be around the end of 2019 or the beginning of 2020. Experts at investment bank JPMorgan believe that the next global financial crisis will begin in 2020. This article provides an argument for this version:
https://www.independent.co.uk/news/business/news/next-financial-crisis-2020-recession-world-markets-jpmorgan-a8540341.html 

World crisis in 2018, I dont see that happening, where is the source of your write up, or it is just a mere speculation, if it is, when economic crisis happen, it will have a negative impact on cryptocurrency, because many investors will want to convert there token to fiat in other to survive, with this CRYPTO will be affected.

Cryptocurrencies are going to benefit tremendously if there is a global crisis, and this is because the next crisis is probably going to be related to fiat money and so people are going to be looking for a good form of money, some are going to buy gold and even silver but the ones that benefit the most out of the crisis are going to be those that hold bitcoin, people are going to see that and we will see a huge bubble forming.

We have seen big crises in the world and 2018 is the crises year for bitcoin and crypto i think it is very risky year for investors and in the last month of 2017 bitcoin was in the bull market but later in the year 2018 things changes and crypto market is fully decline now.

There are some predictions of coming world economic but not this year but would happen starting next year according to some experts. What we are experiencing now is a cryptocurrency crisis because of continuing drops of prices lead by bitcoin and ethereum. Many investors are selling their coins in panic to cut their losses but it caused the price to drop further.

The world crisis is really affecting cryptocurrencies market and that is why everything keeps going down.  I believe that bitcoin has started to react to global issues and that is why we are seeing dumping in price without much bad news on blockchain technology. I believe that time is coming when we should start to see recovery from this economics crisis.

with the crisis, of course they prioritize basic interests first. isn't the best investment using free money? hence from that the economic crisis also affected the development of cryptocurrency

When we take a look at how the market is fluctuating with prices moving up and down, I come to realise the hardship we will all face coming years.

IMO, there has always been one crisis or the other not just in 2018. Yes, so many countries are experiencing an economic downturn, but it is not peculiar to 2018. The meltdown that affected Greece did not happen in 2018. It is a wise decision for America and China to think ahead and be stocking for the rainy day. But other countries I believe are taking other measures to protect their citizens.

It is predicted every year. Well, in principle, the right strategy, someday you will guess.

Bitcoin is part and parcel of the world economy and what ever effect the economy of the world will have direct impact on bitcoin too since bitcoin does not exist independently. And even in this year bitcoin has gone through lots of challenges ranging from tense attack and tite regulations which have resulted in the price crash we are witnessing right now.

Where are these FUDs came from? I wonder what would happen to the market if these FUDs keeps on coming and coming. We already experience the bearish market in the history again and it is almost going to happen just a little bit of days and decline and it is almost like history repeat itself. Such crisis are already been answered and fix before but it is happening again.

many countries economic growth has deteriorated in 2018 which caused many factors,
this is a concern of the world public.
as well as cryprocurrency, their system is highly recommended in a transparent data processing, but many actors use it as a guise of fraud to reap investor funds which is a serious concern in the crypto world, because one of the causes of price declinemarked by negative issues from several countries, as well as the play of several crypto giant whales.

I don't think many countries are on the crisis in 2018 because I don't see any news about that or perhaps, I missed that news. Probably if the crisis is happening in half of the countries in the world, it will give impact to bitcoin, and I think it might push the bitcoin price to the higher rate because people want to search a new currency that can save them from the crisis. Bitcoin price will get affected if there is positive news or negative news that will make people worry and panic and people will make something with their bitcoin. But lets we wait for this, and we will see what will happen if the crisis comes to the country.

I don't know, i mean the OP didn't cite much source for the information the OP provided in the post. I think rhis is jist based on an observation made after hearing stuff from the news. I would say that if we are indeed facing an economic crisis then i think we are overreacting, but then again no one coyld deny how red the market is.

True, it would've helped the discussion to be clear by citing sources but nonetheless I'd say my piece. I think the main reason we are having this crisis is that we nations all over the world don't havr as strong a diplomatic agreement as there was before. China has been grabbing lands, the US is alienating their allies, Russia is as hostile as ever, the Brits are confused if they want in or out.

There will be no world crisis in 2018. There are only local crisis, such as the French Revolution. Mark Long agreed with Trump's sanctions against Iran. The ban on importing crude oil from Iran caused the domestic oil price to soar 25%. It is necessary to know that France is a socialist country. Such behavior will definitely lead to a revolution.

Of course! You know what actually gave birth to blockchain technology and cryptocurrency was as a result of the then global economic meltdown which we all know is basically caused by the government worldwide and their bullshit policies most of the time. In that case, the idea of not having a third party but a P2P way of transacting with a deflationary set up, it just basically makes the idea pop up and became a reality with bitcoin.

In that case, I believe that for anything of such to happen over again, probably that is when we will get to see a huge boom with cryptocurrency with money flowing in to be able to store value, which would basically be a good thing for early holders anyway.

If it is real that there are world crisis in 2018 then I suppose to say it is not just 2018 rather even in the past the world are facing crisis which is slowly becoming serious damage. The crisis happens due to selfishness of the people that some results to very disappointing corruption of countries leaders.

I constantly hear about the crisis in 2018-2019 that the dollar is depreciating, but I think if there is still any kind of conspiracy against humanity, then these people have basically dollars, and not some other currency. Bitcoin will not become a reserve currency, we can see it by capitalization.

Abandoning this idea, everyone in the event will realize that it will not happen. The job of politicians is to prevent the emergence of financial crises. Therefore, the global financial crisis is usually born at a sudden moment. He won't let people predict.

adding greediness of those influential people around the society are adding the reason for this global crisis, we do have lots of people around each countries are suffering out from poverty, it is not alone in this year but from the past as well and it will continue because of government high power
people who only cares about their own benefits and not the conditions of their country.

When the next crisis hits, see what happened in the past when banks close their doors for the bankruns...

Also , in the EU, the middleclass is getting robbed more and more by governments.  Crypto is one of the best alternatives against this. So no, I don't think crypto prices will crash in the next crisis.

World crisis is already happening and that does not mean cryptocurrency is excluded. The most affected areas of crisis are usually the third world countries or the poor countries like us. We work hard but earn less and being used and used sometimes by other nationals in our very pwn country. So, in cryptocurrency it will look also the same. Rich people became richer and poor people will gone suffer with the cryptocurrency crisis in the year 2018.

I believe that it did affect bitcoin since the bitcoin market is connected to the real world. It is money that is used to buy bitcoin and money has something to do with economy that is why the government would control it, otherwise the country may experience loses or will have unfavorable economy as a result. The prices of bitcoin may or may not actually go down immediately depending on how wide is the effect to the worlds economy in general.

Where is economic crisis?  On Mars?  There is no economic crisis on Earth. Economic crisis happen when GDP decreases for at least two quarters of a year in a roll. It is impossible to happen  next month. So it will not happen in 2018. I give tiny chance that will happen in 2019. It is possible but low chance. For 2020 there is way bigger chance. And if that happens it will cut Bitcoins bull market. No one really know how will that influence on Bitcoins bull market that will going on at that point. Simply because there was no economic crisis in time of Bitcoins existence.

I am sure he does not have any write up, he probably just read up some old predictions by some old cargoes that saw a looming crisis in this year and he also decided to key into it. Even if there would be a world crisis, no one knows when it will happen because for some reasons put together all at once, it just starts gradually until you see it reaching its peak. It has happened before, with some bad policies, trade wars and whatsoever, it can happen again, but no one can tell when it will. Nonetheless, if there ends up being one, I guess that would really help mean a whole lot for the crypto space.

Absolutely right,OP must give some example of what countries are in  bankruptcy now as what you stated,because if you cannot provide some sources or proof,this will be considered as hearsay and untrustworthy
Yes we havd financial problem by now,and the world economy are shaking by this but it doesn’t mean that we will become bankrupt,

Looking at the effect on the market is seemingly true,since we have massive attacks for declining these days

Cryptocurrency market is not just the market that crashed in this current year because even the stock market experiencing dumps. I agree to you that there is a crisis that happening in our economy.

Its true that Venezuela fell because of hyperinflation that happen to day-by-day live and this has resulted in many Venezuelans struggling to afford basic items such as food and toiletries. Whereas, Venezuelans increasingly started using electronic transfers for even the smallest transactions. Knowing this fact, I think bitcoin will be the alternative for them to do the transaction, it won't be affected negatively I guess.

I recently read the opinions of some analysts regarding the global crisis. They write that the crisis will come, most likely, in 2020, and not in 2019, as mentioned earlier. One of the reasons is called trade disputes between the United States and China. The situation in the stock market is also one of the reasons. Well, will wait and see how it will affect cryptocurrencies and cryptocurrency market.

I think that the global crisis will not affect crypto and with the help of cryptocurrency people will provide for their families during a crisis. So I see only positive!

Now there are indeed several countries in the world experiencing a global crisis in 2018,
Like country:
1. Guinea Khatulistiwa
2. Puerto Riko
3. Venezuela, etc.
the global economy continues to deteriorate and it is predicted that there will be a number of countries in the world economy will worsen in 2018. the reasons vary, starting from the existence of international sanctions, corruption, to natural disasters that have a major influence on the economy of the citizens.
This has a huge effect on cryptocurrency at this time, hopefully in the future all this can improve, especially crypto and Bitcoin.

Yes 2018 is the year world crisis everywhere money is so difficult.We onky survive because of we are alive.We have to fight in life hoping that there's still hope to come in the morning.

Also include the increasing debt of China which can also result to a world financial crisis again. I think cryptocurrency will be fine if this thing happen, and the current dump in cryptomarket is just a result of its own problem and not because of the crisis rumor.

Those countries are indeed in the crisis right now and I think the situation in Venezuela is getting worst as the inflation continues to increase beyond our expectation. Yes, i hope cryptocurrency can do something good about this crisis and don’t follow that down trend in the long run.

in my opinion the current crisis in the world is a result of the many factors of the economy of various major countries. large countries are currently anticipating to face it. and in my opinion bitcoin will also be affected by the world crisis.

Well crypto seems to be having it's own crisis though i think this market will pull through faster than what's happening outside it. The factors that affect the crisis in world economy is harder to cope up with than the volatility we're having in crypto.

In China crisis means two definition: 1)danger 2)opportunity. In all time there are people who live very good and make money. And in all countries there are people who find opportunity during the crisis.

About Bitcoin it all depend on rich and influential people. If they want to make it grow it will be grow, if they want to invest their money in something more good and innovative it will fall.

What are some of the countries declared bankrupt this year? I have not heard of this.
What really affects the global economy now is the rise in the interest rates of the US Federal Reserve. And we all understand that the higher the rate, the more expensive the loans and the less money in the economy. This means that the demand for them will increase, and therefore, the value of the dollar will also increase. Thus, the decision of the US Federal Reserve to raise interest rates means a tightening of US monetary policy: money used to be cheap, and now it will become more expensive.
Of course, the global economic state will also affect ordinary people, who will be forced to face some financial problems due to higher interest rates. This in turn will also affect the ability of ordinary traders to buy cryptocurrency. But here it is worth noting that this should not greatly affect the overall state of the crypto market, since I assume that in 2019 institutional investors will enter the cryptocurrency market. And they have enough money. Of course, they will not be able to enter the market immediately, as this will greatly raise the rate of crypto currencies, therefore, I assume that during 2019 institutional investors will buy crypto currencies in small batches, so the rates will not rise significantly.

The fall in the global market is associated with a fall in the US market, which in turn is associated with a fall in FAANG shares, as well as a fall in oil prices. Cryptocurrencies are not able to affect the global crisis.

We know that a certain point in the future a crisis will happen, what we do not know is when it is going to happen that is why I do not bother to try to predict when it's going to happen because it is simply impossible to know, even those that are at the very top do not want unexpected crisis to happen but it is impossible for them to control the economy as much as they want.