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https://bitcointalk.org/index.php?topic=5056083.0I'm making this post because I strongly believe that the economics will backfire us sooner than we think. No I don't want the BTC go down I want it to go to mars but I strongly agree with the fact that what is happening NOW is not okay. Stocks are going down (Some will get some help from other stocks exchanges, that is the reason why the stock gets a little bit of extra points). Regarding from stocks here is my analyses. The past month a lot has happened as I stated before stocks are going down, real estate prices go up. Mortgages interest (general interest) go up. People losing their jobs not only in the U.S but also here in the Netherlands. Hospitals are closing here. HOSPITALS people are sick today not tomorrow, how on earth can multiple hospitals go bankruptcy its crazy. I don't feel proud but I myself have put $4k into the stocks betting it would go down. So far I have made a healthy profit, But to me it just does not seems okay. You may be right, but be careful shorting the stock market. It can rebound very quickly. I won't be surprised if this ends up as a flat plateau like the 2015 correction. Regarding the job market.....job growth is slumping but unemployment in the US is actually the lowest it's been since 1969. 3.7% is quite low. Also, average hourly wages have risen 3% year over year. I wouldn't say the productive economy is in dire straits quite yet. I would expect continued downside overall though because stocks were previously in a speculative frenzy and disappointing earnings/revenues reports have catalyzed a strong correction. Job unemployment is low that is true, but nearly 50% of the people don't even earn 30k a year. Everything is getting more expensive. Rent, car payments, food ect. This is not 1950 where you could buy a 4 bedroom home for 29k. |
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Hey pal. How you been?
Have you heard of Lakhta center or Olgino?
No I have not what about it? If you mean regarding the economic in Russia, I have said in my previous post that Russia has been doing better. One reason is they buy gold every year. Lots of them. |
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an economic crash is possible , but if the famous economists cannot predict with a certainty, due to the ever changing conditions think your "guru" is not going to either there are several interesting theories about economic crashes that proved to be working, one of them is Kondratieff waves or cycles for those who want to read about Kondratieff cycles here is the brief : https://www.investopedia.com/terms/k/kondratieff-wave.aspor: https://en.wikipedia.org/wiki/Kondratiev_waveI think there will not only be a potentially devastating economic crash, compared to which the 2008 one will pale but there is a huge probability of a war, it is in the air, just listen to the rhetoric and the accusations No one knows when, but to me it seems its happening if not already is happening. I hope we don't end up in war if a crisis occurs. https://bitcointalk.org/index.php?topic=5057898.0 |
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https://bitcointalk.org/index.php?topic=5056083.0I'm making this post because I strongly believe that the economics will backfire us sooner than we think. No I don't want the BTC go down I want it to go to mars but I strongly agree with the fact that what is happening NOW is not okay. Stocks are going down (Some will get some help from other stocks exchanges, that is the reason why the stock gets a little bit of extra points). Regarding from stocks here is my analyses. The past month a lot has happened as I stated before stocks are going down, real estate prices go up. Mortgages interest (general interest) go up. People losing their jobs not only in the U.S but also here in the Netherlands. Hospitals are closing here. HOSPITALS people are sick today not tomorrow, how on earth can multiple hospitals go bankruptcy its crazy. I don't feel proud but I myself have put $4k into the stocks betting it would go down. So far I have made a healthy profit, But to me it just does not seems okay. Just look at the stocks at a yearly basis its going DOWN. I'm not here to put propaganda but I'm just telling the facts. What is the government going to do about this? Simple they blame hardworking people like you and me and say that we have to pay it back. This has been going on for over decades. We either pay directly or indirectly its a cycle and most of the masses just go along with it. When I went to school (I dropped out due private reasons) There where teachers getting fired simply because they could not afford it. Its happening. Diversify your investments and make profits in the future. Where BTC will stand when this happens I do not know. Maby people see it as a safe investment and it will got up when shit hits the fan or visa versa. Only time can tell. But I suggest to do your own research and not to listen to the NEWS like many do. Connect the dots and think ahead.
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There will always be news circulating about the economy unstability that might happen in the future and this isn't the first time for it. It has happened over the years. Sites like ZeroHedge publish daily news about how the economy will crash that's just news propaganda. There will always be issues more or less in the economy but nothing so severe we can't recover from. You'll see in time the results first hand.
I disagree with that. The economics has going down the past year no doubt, just look at the charts they don't lie. And even here in the Netherlands over 3+ hospitals when bankruptcy. HOSPITALS why? Because of greed hospitals are owned by private entities and now are suffering the damage. Its just a matter of time. And I would not be surprised if the government starts blaming us AGAIN and WE THE PEOPLE have to pay the damage. It happens every time again and again. |
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Considering a high volume of the niche industry i believe that is something that has to come, and economic crash is real and it could happen any time soon. I wonder how will this potential economic crash influence the crypto world. How expensive will be the electric bill for mining for example?
Resources are getting more scarce everyday it would get more expensive in the future to run the blockchain no doubt, but then the bitcoin will get more value aswell. More and more people are using sun panels to run the BC to reduce the cost of running it. Also there will be more advanced technology like fusion power and algae energy so that would be less of a problem, but resource like sand will get super expensive. If I had to choose whos country will the least hit from the crash if it happens; russia and japan. Japan has a lot of resource in the ocean to create lcd for phones and computer monitors ( forgot what resource its called ) WaTer will be a big deal in the future. In deed it is good to have alternative energy sources but for example the solar panels i don't agree with them because making them distrois the nature. Most of the mineral resources used in the hi tec h world are found in Africa and you can see how things evolve there. And regarding the sweet water in dees, it will be horrible at some point, i have the felling that this generation likes to comfortable, no effort in living and preserving for the future. For now solar panels are bad for nature I agree, but lets hope that in the future there will be cleaner methods of making them. About the water. Big company's like Nestle wants to make it a commodity... Solar panels destroy nature? Where are you guys from? Solar panels just get energy from the sun, I don't think the energy of the sun will eventually lose because of these solar panels. Solar power is actually the real best thing if you want no noise compare to the windturbines which also get power from the breezes. These doesn't destroy nature. The process of making them. |
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Considering a high volume of the niche industry i believe that is something that has to come, and economic crash is real and it could happen any time soon. I wonder how will this potential economic crash influence the crypto world. How expensive will be the electric bill for mining for example?
Resources are getting more scarce everyday it would get more expensive in the future to run the blockchain no doubt, but then the bitcoin will get more value aswell. More and more people are using sun panels to run the BC to reduce the cost of running it. Also there will be more advanced technology like fusion power and algae energy so that would be less of a problem, but resource like sand will get super expensive. If I had to choose whos country will the least hit from the crash if it happens; russia and japan. Japan has a lot of resource in the ocean to create lcd for phones and computer monitors ( forgot what resource its called ) WaTer will be a big deal in the future. In deed it is good to have alternative energy sources but for example the solar panels i don't agree with them because making them distrois the nature. Most of the mineral resources used in the hi tec h world are found in Africa and you can see how things evolve there. And regarding the sweet water in dees, it will be horrible at some point, i have the felling that this generation likes to comfortable, no effort in living and preserving for the future. For now solar panels are bad for nature I agree, but lets hope that in the future there will be cleaner methods of making them. About the water. Big company's like Nestle wants to make it a commodity... |
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Looking at the discussion, I think we should define what the collapse actually is. Market goes up and down, so there is no wonder it's going to change (and it's the high time actually, given the trend). This is the whole point of it. Personally, I don't believe in such long term predictions though - we've been told for months that a downward trend is coming.
Another thing is that crypto doesn't have to follow. I agree with those who decide to hold onto the investments until the the next bull market.
By the time all stocks go up again, we the taxpayers paid for it, is my upmost worries. Because our government just bails out the banks with our hard earned money. |
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 "Everything is fine, there is nothing to worry about" |
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Of course, in the end, I think that should be our endgame too, that finally cryptos replace the financial system or serve as an alternative, but it is difficult with everyone waiting for a bear market or a bull run.
How do you expect a bull run if no one feeds the bull? The last big bull run we had was because the mass where interested in it. If for example a economic crash would occur people might switch to bitcoin due safer investment ( or not just an example) then you can expect that btc and other currencies will go to mars and stay there. |
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I think the Reformers will certainly cause some problems in development as they stimulate the developing market but are still too fragile. And its price in the future will still fluctuate: it will still be an adventure to the wilderness.
^ Also the majority of the people should use bitcoin or some other crypto currency it needs to go in circulation otherwise it will remain stable (for a while) Japan is ahead of the mass, they know if the rest of the world start using crypto’s their crypto’s start having more value. THEY ALREADY USING IT |
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Honestly, what do you think will happen with the market? no matter how positive I want to be, I think that lot of people (myself included) were waiting for the bull run to start this month, but we're already at 25 and there's still no movement, I think we should be thankful that btc hasn't continued to drop, but many projections have fallen apart when we're almost entering November and nothing of the bull run, what do you think will happen with the market at the end? we're finally seeing the beginnings of a stabilization? our goal should be mass adoption now that prices are stable?
I believe the prices of bitcoin are not stable yet, since there are still bitcoins that needs to be mined; increasing the scarcity of the coin. |
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Economic crash is a norm, but your submission is not base on any statistical data, no need to panic, but better to play safe as an investor, I ensure I spread my investment portfolio beyond cryptocurrency, You must realise that during recession some sector are always still bouyant and lively, Real esatate/property development is a sector to watch out for.
I agree, but isnt the real estate/property sector one of the biggest? Properties rise but paychecks does not, what happens if you’re not able to pay the mortgage because the place where you work went bankrupt? Now multiply that with a nation. Theres a banker I know personally (has nothing to do with prediction just to make it clear) she told me that it went very great at the bank she works (ING dutch bank) lots of mortgages where handled out. This was 7 months ago... More mortgages = more chance to not able to pay it off due loss of work or some other reason. To me its a ticking time bomb with no timer on it, its just sits and wait till shit hits the fan. The onnly thing we as investors can do is have some kind of backup plan ready for this kind of doomsday. May happen in 2019, it may happen in 5 years. |
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Considering a high volume of the niche industry i believe that is something that has to come, and economic crash is real and it could happen any time soon. I wonder how will this potential economic crash influence the crypto world. How expensive will be the electric bill for mining for example?
Resources are getting more scarce everyday it would get more expensive in the future to run the blockchain no doubt, but then the bitcoin will get more value aswell. More and more people are using sun panels to run the BC to reduce the cost of running it. Also there will be more advanced technology like fusion power and algae energy so that would be less of a problem, but resource like sand will get super expensive. If I had to choose whos country will the least hit from the crash if it happens; russia and japan. Japan has a lot of resource in the ocean to create lcd for phones and computer monitors ( forgot what resource its called ) WaTer will be a big deal in the future. |
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There will always be news circulating about the economy unstability that might happen in the future and this isn't the first time for it. It has happened over the years. Sites like ZeroHedge publish daily news about how the economy will crash that's just news propaganda. There will always be issues more or less in the economy but nothing so severe we can't recover from. You'll see in time the results first hand.
I don’t really get my source from news articels, I do my own research and compare them to the 2008 crash and to me there are some similarities. |
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As if it is the first crisis the world economy has faced. I wouldn't say the crash is unlikely, but the main point is how we manage through it - it will eventually end, as no crash is forever.
With all its negative part, this is still a time of opportunity. We are involved in Crypto, which is detached from the global economy to a certain degree - thus, we have the best position to survive crisis, if any actually occurs.
Best is to not put everying in one basket like the other people said, my prediction if something like a economic meltdown happens, BTC will go down mostlikely people are panicing and what as much as gold and fiat money. And it will be more expensive to run the blockchain. Maby a great opportunity to buy bitcoins. If it hapens in the future I will sell the gold I have bought and buy btc when they are cheap. I may be wrong and btc go to the moon, but my personal belief is that people see btc as a risky investment during a crash and would need time to recover from it. I myself have put around 4k$ intto the stockmarket betting it would go down, im up 500$ profit as im writing this down. |
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Such kinds of prediction often comes up and unfotunately a lot of people believe in it. Though, these kinds of predictions have good logics, they tend to ignore some major factors, without which these prediction will never turn true. Besides, there are a lot of professional economic analyst out there who would have saw it and made sure that the government comes up witha solution.
You’re completely right, I however think the government do not really care, and if i look at some facts from Europe (where i’m from) We can see that thou house market went up, Italy is not doing so well as before, Greece is well you know Greece. Germany is making lots of money wich they diversify accross europe and are spending more than what they have. Everyone is buying buying buying. I still believe we have some economic/natrual difficulties. |
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Why will we be happy over here in the cryptoworld about global economic crash? is there any assurance that if there is economic crash that it will favour the cryptocurrency market? Leave speculation and prediction and invest when ever you feel like investing.
It might be my friend, IF again IF such crash would happen somewhere in the upcoming years, we should be careful with the Cryptomarket. As we know gold does really well in a crash because people look for safer investments than cash in the bank or cash itself. Now there are two scenarios that I have thought of BTC will go up a lot same as gold (people see it as a safe investment) or go down like all stocks/housing. Meaning there is a opportunity to buy BTC for cheap or make bank if BTC go to the moon. Now I'm not predicting that there will be a crash in 2019 but I'm almost certain it will happen the upcoming 5 years or so. |
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A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible. "Successful investor" you say, just in which industry? because as far as I know crypto is a whole different ball game and does not dwell on past experience,it's unpredictable! And just so you know such wild guesses are not the first and will not be the last either, we have seen and heard it all  Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.
If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.
If ever we experience an economic meltdown, why risk investing in cryptos which are labeled highly volatile when people will be panicking to sell off stable assets... In the real estate, He lives in the Netherlands but got houses in China, New York and Netherlands ofc. I know this guy this is not some online guru. |
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 Lets take a look at the stock market from all over the world. This is a period of 52 weeks (1 year) as you can see almost all market exchanged went down some points. Except for a few e.g Russia. What russia has bin doing the last decade is buying 200 tonnes of gold every year. I'm not a economic guru, but I can safely say that this is not okay. |
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