Bitcoin Forum

I foreseen another global economic crisis in three to six years to come because of the way bankers are doing with investors fund and giving loan to institutions that are not capable to repay. Blockchain technology may become the tools that will be used to recover from the crisis and from there institutions investors will come into the market.

I agree mate, if there's a circumstances like crisis bitcoin is the ways for everybody to survive for an alternative ways. When there's a huge number of investors in cryptocurrency it could probably boost up the value of each holdings you have. If more people will hold that assets, we could also experience profitable trading which everyone could benefit from it.

If  the banking system will fail to recover some  of their loans or they approve loans to some institutions to whom won't able to pay back it would be a big problem, for  sure there is an economic turmoil. Bitcoin and the cryptocurrency  would be the other alternatives that might correct the short coming of the banking system. Because of the technology development their might be a crypto banking system that will correct economic in balance. 

Blockchain technology has nothing to do with the economic cycle.It's just a way of transacting and storing crypto payments and information(not the most cost effective way,but people think it's more secure).
The economic cycle is tied with the interest rates,government taxes,consumer supply and demand and the export/import tariffs.

Your statement is wrong. Institutional investors are already buying large amounts of bitcoin (in over the counter market):

https://www.newsbtc.com/2018/10/03/big-institutional-investors-are-buying-large-amounts-of-bitcoin-in-otc-market/

Apart from that, I agree that:

You should ask yourself this question,Is our current banking system safe?  If it is not safe then we would need an alternative and that is were blockchain technology comes in.  Blockchain technology is safe and secure than the greedy banking system we have now. Read my statements again and don't jump into conclusions.  Did I said the institutions investors are not using bitcoin but I was talking about adoption.  Blockchain technology has everything to do with economic cycle if you don't know.

The more I read it, the less sense I see. If you are talking about bitcoin, they are already buying, and if you are talking about adopting blockchain technology when you talk about bitcoin, you are comparing pears to apples.

Please explain how it is that blockchain technology has everything to do with economic cycle because it looks quite a fantastic statement to me.

Even in the midst of the global economic crisis, I believe that the cryptocurrency market will not be affected, and the market is likely to become the focus of many people's investment!

Actually if global crisis happens, cryptocurrency will become a trend and people might use it as a place to secure their wealth. That means cryptocurrency will be affected heavily by it.


I agree,
Blockchain is not an economic cycle or economic solution for human but instead it is a system, currently we are using a traditional financial system and with blockchain we can upgrade our financial system. But it won't help us to recover our global economy when that time comes, because it's a system.

Yes it may not be affected if it stays at only economic crisis because such crisis do get physical sometimes resulting to destruction. I hope we still remember the Rwanda experience and others.

The thing is that we don't know how people will react by that time. It's easy to say that crypto is the perfect hedge, but don't underestimate how the majority still prefers gold over anything else as safe haven asset.

Gold has proven to be a reliable asset for thousands of years, and with how widely accessible it is in all shapes and forms, and with how it offers a market that's 10000x more liquid than crypto, why would people go for crypto?

If that isn't enough, crypto doesn't even scale yet. I'm a believer in Bitcoin, but I'm realistic at the same time. Bitcoin has a long way to go before it starts to convince people to ignore gold and go straight for Bitcoin.

many people said it has nothing to do with it and won't get affected even though we are facing a global crisis, that was why i said cryptocurrency will be affected heavily by it.
i am totally agree with you about Gold, but we are not talking about Gold right ? as far as i remember we are talking about crypto,crisis and blockchain.
so do not you think it is a little bit out of topic ? if we are trying to explain it in general, i believe people will prefer to secure their wallet in form of precious metal(gold,silver, etc) and house.

I don't see that to be the case for the institutional adoption that we've seen within this bear market, even though bitcoin as some form of safe haven asset would still be possible given the circumstances within a financial crisis.

I think that most of the institutional investors currently coming into the market are still just speculating on the price of bitcoin, and nothing else.

Their primary goal is to make money off derivatives or trading bitcoin, not to actually adopt the technology for themselves. That said, though, I think it would still be a driving factor for the next bull market given the amount of these institutional investors that have declared interest in investments in BTC.

This last crash was caused by institutional investors shorting bitcoin.  They played us like fools and bought coins on the dip while the noobs were panic selling.

Eventually we will see people buying bitcoin for their retirement accounts and to ward off hyperinflation.

I am pretty sure they have been seeing that alternative for a while and they have been getting in with the hope of regulations in the future before they even start declaring their adoptions.

Moreover, I know for one thing, the institutions are here already, either on a large scale or on a small scale, no one can tell yet, but institutions always look for a market as long as it is profitable for them, and for this non-regulated decentralized space, I can bet my last bitcoin that they are so much in it that they are stashing up hugely for the future which is why any smart person today will try as much as possible to get their hands on the little they can.

Wow! you used the word foreseen like you really see the future of what's up ahead, But I presumed that whatever happens with bitcoin will always be good for its market, But eventually, maybe a crisis like that might happen especially if bankers are really doing such things, And that's preferably why some bankers would not support Cryptocurrency for investment, It really outshines them, But yeah this is just a prediction anything can really happen we might never known what is up ahead for us in the future.

OP, as far as am concerned your submission about the activities of banks lending to institutions and not repaying is only applicable to your country so you cannot generalise  the failure of your country banking sector to the whole world.

Talking about gold perfectly makes sense considering how it is a widely accepted safe haven asset, just like crypto is during an economical crisis. In other words, you agree with something you don't understand.

Large parties will always prefer gold over crypto during economical difficulties for the reasons I pointed out in my previous post. Other than a minor allocation to Bitcoin can we not expect from institutions.

To add, do they really need a blockchain? The more I read into what a database really is, the more I believe that we are hyping up something that's not solving a real world problem when it comes to the corporate world.

They will see if it works in venezuela before committing to something new. However, i can't see anything else that will cover these costs other than bitcoin and it's friends e.g. the petro. When the creditors come knocking, lets see what happens

They have no choice but to about bitcoin.

It will be a way for them to flee from the crisis and there are banks that are doing a backdoor buying already.

I think blockchain will be affected about that too. Since 2008 crisis people have been investing heavily on technology, if you take a look at the biggest marketcap companies in the world you can see that they are almost all tech companies and if you take a look at the "startup" world you can see that people have been overpaying for companies for years.

Now believe it or not blockchain is a technological thing, which means if an economical crisis happens it will be one of the first ones to get affected, when it is going up again after the crisis people will find something new to invest to. Back in the day it was houses, now its tech, after another crisis it will be something new.

This is a very low probability. stretching Price volatility is delaying the start of integrated systems.
maybe this will be possible in the future, but it is not a bright job.

Its  not  only for banking system will  be shaken upon the  introduction of Blockchain technology, because the system become faster, the only  weakness that  the system should be improved is vulnerability to some hacking, because of P2P transaction system  eliminating the middle man, which is  the banks.

i totally agree with that and infact it has began today if you look at new popping out the past few week there are actually institutional investor diving into crypto

It's funny how some people are deluded enough to think that institutions haven't been stacking BTC for a long time now, OTC of course.

Why do you think they aren't all-in on attacking bitcoin? they understood that they cannot kill it, they can only become bigger players, and the best way to go is to manipulate the price on exchanges by demoralizing the public via futures and other trickery while buying OTC stacks in order to get big chunks without pumping the price.

In 10 years or so when they are loaded, just like they are loaded with gold, they will officially support it.

Institutions have already been adopting bitcoin and even though they would not come out to start telling everyone we are in, but definitely I am so certain that institutions are here already.

Yes, we may not have seen them in a huge magnitude yet, as that would take some regulations to see that happen, but from what we have been seeing lately with a whole lot of them coming up with some products and showing their peak interest, they know the benefit that lies and they are so ready to tap hugely from it.

They just can't afford showing their hand yet. The strategy is clear: accumulate, and use your fiat machines and other non asset backed trickery like future contracts in order to push the price down and dominate the market.

They know this can't last forever, so they are going to keep holding and accumulating OTC, not even selling since with futures they don't need to touch any private keys. Probably they are hiring the best in the field to keep the cold storage safe.

Hand will be shown when 100% of casuals have 0 BTC.

Yes i also believe on what blockchain can do more in the future, not just to be use to recover crisis but to be use more convenient. Let think this if all people in the whole world unite as one to use blockchain, not just only one institute or company can earn but also those ordinary people who get interested in blockchain can also earn.

Institutional investors if adopt the Bitcoin will be in benefit both as investment source and payment or friction-less transaction mode. Recently, Germany adopts the Bitcoin and now they quickly respond to it as they made it their payment mode as well as banks there are using Bitcoin to pay loans. Furthermore, big institutions or companies use it as transaction mode.

So you are nostra damus?Or you have hes Magic ball?

Bankers are greed,and they will never lend money for those not capable to pay so stop fooling around mate

Blockchain is popular now as banking networks are starting to adapt the technology of blockchain for their own technology so this will result of cryptocurrency and banks joining together to serve people of the universe

Instituional investors are already in the market, I doubt they haven't tested the water of the cryptosphere. Although, we could see a major boom once an economic crisis hits us worldwide, but I don't think it'll mean that financial investors will adopt Bitcoin, they'll simply look at it as digital store of value rather than something they could adopt for the long-term.

The latter is already happening, just look at Venezuela and Turkey, more and more people are inveting and buying bitcoin as a way to fight the ongoing devaluation of their fiat currency. With how bad things look in the future in those countries, it's a matter of time before merchants start adopting bitcoin so that people can use their coins for other than just keeping them as a store of wealth.

Unfortunately, most ordinary people do not even understand the reasons why they are investing and because of that their judgment and decision is always going to be impaired.

Take a look at the way people are getting greedy by the day and panicking while selling at loss, and then seeing the market being driven up and see them coming back to join FOMO and making the same mistakes over again, some are actually getting their stash up and those are the institutions as far as I am concerned.

A lot of people may want to say they are not in yet, but believe me like Cellard and someone said, they have plans and that is to accumulate as much as possible for the long run, and they cannot just start announcing to the whole world they are in, but indeed, they actually are whether you want to believe it or not.

Institutional investors are already adopting bitcoin, in 2018. It's only going to continue in the future it seems.

There really has to be stuff to be said about how much institutional adoption actually matters, though, because they are honestly just speculating on bitcoin's value and pretty much nothing more than that. Does that really help bitcoin in any way in the long run? Probably not.

But it does drive prices up in the short run and I guess that's something to feel good about. But again, once institutions see something profitable and holds promise, their investment/adoption is imminent.

Institutions getting in did not just begin today; institutions have been in this market a long time ago and have always been trying as much as possible to hold a huge stash while waiting for the long run. What a lot of people see is what the media and institutions want them to see.

What they are doing now is to always keep scaring away the weak hands from the market, loading up what they have for the long run, and then the same people who sold to them at loss, will come back becoming the laggards in the long run. What a pathetic case it will be for them when that time comes.

Investors will invest in the Bitcoin either institutional or common users like us depends upon how much are your savings amount with which you want to start investing somewhere.

If the saving amount is big then investing in the Bitcoin is not much difficult and if you want to get rid of it then you can invest when its market is low which is currently available. Institutions and companies have highest need of Bitcoin in terms of transactions etc more than common users.

Institutional investors if found out they can make a margin profit out of bitcoins than they are doing in their normal banking investment will adopt bitcoins. It might take some few years for Bitcoins to be accepted in that capacity.

;D and when that time when 100% casuals have no btc, they will start blaming everyone for their predicament. This is what they simply what, which is to dominate the market like you said by accumulating as much as they can while taking advantage of the greedy weak hands. People need to understand that institutions know the value of this space more than anything and even though they may be silent now, it would just do a lot of people like film trick, when they tend to see they are already left out and by then, this is when we will have laggards coming in.

I don't think a global economic crisis is going to take place because of loan defaulters. Moreover, banks right now are more strict when providing loans to different companies. And how do you think bitcoin or the blockchain technology is going to help deal with this situations?  It might help, but it totally depends on how much the investors will be willing to trust bitcoin as there safe-exit. The price might go sky rocketing or end up being dumped.

Really ? Stay there and keep waiting to see if it is a possibility now or not, but if you really want to hear the truth, if you think the institutions are not already in this market, either big or small, then, you are most definitely holding an individualistic belief or impression that is contradicted by reality or rational argument.

The institutions are already in mate and like someone said, you may not be seeing their actions yet on the exchanges, but when it comes to the OTC and accumulating the dips, they are most definitely in this game already.