Bitcoin Forum

Today the World economy
USA stock market is just a dip of the ice Berg.
Uk situation,  the banks talking about taking loan and print money, Sorry but there will be no money for uk. Uk is not qualified on this time to get loan.
USA will be last Country and this money will be spent fast.
Hint: Dow down 2000-3000 points*

If we want more answers then we should look Back years ago how the western countries economies got raped, now the results are here
After 3 days USA will call all the debt in *
But its not end its beginning of Everything*
Canada and USA will struggle first.
But there will be no money for Canada either*
The 3 tril will go in europe and in stocks and in cryptocurrency. From Federal reserve*
I think I said all ready too much !!


But I go and maybe I Come Back after 3 days here by then a lot should be happened.

So how much share will crypto get from the 3 trillion usd you think??

There is no doubt that the big countries are entering a recession but that's not the end of the world. Probably we are moving towards a financial reset but time will tell when it happens!

*if Dow moves down by 2000 to 3000 points, I can't imagine how many companies will go bankrupt!

Economic turmoil due to the pandemic lags some way behind the pandemic itself. I do agree that government attempts to prop up Covid-struck economies will have a profound negative impact, but this will take time to manifest. I don't think your '3 days' is a good estimate. Societies are still functioning, even after the best part of a year of restrictions, and as we face a difficult winter and potentially further lockdowns. Economic hard times will come, but I imagine this will be more slowly than you envisage.

When we are talking about USA, Canada and Europe these countries are actually better well on due to the pandemic. What about countries like :
Africa
These countries are actually in a bigger problem and people are not able to even make through a normal day , at least  these countries are able to give stimulus bills , enough to not have people starve. But we unfortunately ignore the worst hit nations.
Plus these countries have a problem , they rely on heavy import of food products which are the most essential during a pandemic and these countries have problems with job production.

Education
Jobs
Food production

We need them !

It doesn't matter, depend on how much that's pump into traditional markets. I know how the last stimulus trend and how $1.2k were flowing into coinbase but my belief depends on how much they are willing to pump into stock because of its correlation with Bitcoin. And increase in bitcoin will result to an increase in market cap.


Could it be that most countries economy performance are decreasing at increasing rate, there is always a demerit for every action, 3 trillion printed out of thin air will definitely have two side to economy and inflation is part of it.

If Trump remain the president of US, that crook capitalist would do anything to stabilize the market. He is a pro investor and I can score him A for market come back during this bad time of pandemic, protest (about blacks) etcetera.

Once again. A post of similar fashion without any sources of relevant proofs that you are talking about. Yes money supply has gone up but money Supply has hit it's worst previously also. Merely an inflated fiat cannot be called as dooming phase. You would see a recession only if this excessive supply isn't followed by any sort of demand in the market. But as far as I think with incoming of the festive season in many countries. Demand might resume pretty soon! 3 days is once again another hoax from your side. Moreover even if we enter into a recession that has never proved to be end of Economies. The blame games are always played and there are just couple of scapegoats and then the rest of the Economy is back on track. Only the poor and people with a bad plan suffer.

A lot of people in this forum has been pointing out that there will be a financial reset, this might be true or maybe not.

Things seemed like they were going to be getting better after the pandemic lockdown was eased and now things are a bit starting to look like they will go down, which I don’t really want.

I don’t want an inflation to take place especially where I live, because, trust me, a lot of the poor are going to suffer from it. So, I always want things to be getting better. If having a financial reset will make things better, then why not?

I think that financial reset is what the world is going to experience soon. The cause of this is a bit of the inflation that the world has been battling for some time now with job loss..Job loss is a sign that a country's is not doing well in her domestic front as companies will fold up.

Another reason is for me the covid-19 that took the world like a shock. Most countries were not able to carry out their budget plans , no income for anything to be done because of lockdown. Till this time, the countries are still in dilemma on how to take care of the financial need of her people. This is a big challenge and a financial reset because people can't survive in the hard time like this.

everyone wants that but unfortunately it is not possible to have no inflation because the economy that is entirely dependent on fiat is inflationary just like the fiat itself. as a result we will always continue having inflation, sometimes some financial crisis happens and the inflation gets too big. these days that "crisis" is the Corona virus that has been damaging the entire world's economy severely. on top of that governments have been printing a lot of money that increases that inflation even more.

People need to understand how this traditional economy works and they will not throw it away because there is no better money called Bitcoin that is a better Store of Value (SOV), as long as Central Banks can print money, they will continue and push the problem forward. What I see in future is a great reset of these debt because there is no country now that is now trapped in it

See I tried to understand that no knowledge is waste, both traditional economy and foreign economy their is no difference between both economy, its based on our myopic views that is pushing us to differentiate both economy work without reading deeply meaning's towards them.in actually sense Btc is money and it can be source of economy if utilized.

These economic conspiracies that you have. Well, the world is in struggle and has a financial crisis. It's cover per cover due to the situation in the health crisis and it has affected the finance and then several industries have been affected.

Aren't those things are already happening?

There were suggestions in the US that they need another batch of printed money. It's brrr money again which will lead to additional inflation.

The financial condition of a country does not always go the same.  Despite the setback, the government wants to restore the financial situation to its previous state very soon.  Although it is true that the big countries will start entering cryptocurrency very soon.  I think this will be a big era in cryptocurrency.

If there are countries which we should least worry about, they are those countries which you mentioned. The economies of those countries are huge. They are occupying top spots in the world's largest economies. They can easily manage to weather the storm. Their people are not missing a day's meal just because of what is considered a poorly performing economy.

In other words, despite the pandemic and the economic crisis that was formed out of it, I am more than certain that there would be very long queues in these countries on the day Apple releases its iPhone 12, much longer than waters queue somewhere in Africa.

I think the issue of depths is all over the countries now. The countries have used economic challenges of covid-19 to move into massive borrowing which is further causing problem because loans used for capital projects can bring profit but loan for debt servicing doesn't bring any good

I think it's just a normal thing that after some years the world will reset itself.  I will call it a natural change and this not a different case. So this pandemic is just a reset in a decade's.

That's normal because no one expecting this to happen or to be exact no one see that it will going to be a big problem all around the world.



There are country already started to make thier own they are only waiting for mass adoption in thief local country for that local crypto currency they make.

Alas fiat money has low demand dew to pandemic, People are tends to make payment online via digital currencies and soon cryptocurrencies will gain its benifits from this.
These is great opportunity for the government to take noticed the true value of crpto.
I'm also looking forward for crypto to rise once again.

It's been six days and he is not back to bring the good news or whatever he has.
Dow is fighting back up. If Trump wins this one then it might even have a new record.

What are the (*) for?
I thought I'm going to believe you this time with your prediction.
But not yet. You can't hit the right mark. Anyway, it's good to have this kind of analysis. Maybe someday one of those predictions will come true.
In 10-20 years maybe?

We are moving toward financial collapse, not reset in fact.

I think it mostly depends on the election in November. At the moment it looks pretty much like the democrats are winning and the markets are seeing it positive. Just look at bitcoins at the moment, 30% up in the last 4 weeks. That is pretty decent in my opinion. We shouldn't be too scared of the future because we might miss out on the next up trend. Once there are big news about a corona vaccine I think we will see even higher prices.

In fact, the global economy is in a very worrying situation, the economy of major countries has not been able to cope with the crisis that occurred as a result of the Corona virus, and this indicates the weakness of the global economic system, we need a real revolution that changes our concept of the economy and I think that Bitcoin is able to do this, but governments are still refusing Adopting Bitcoin because it makes things out of its central control.