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1  Economy / Economics / Re: Global financial crisis on: October 08, 2018, 10:31:11 AM
Quote from: Cristopherus on August 07, 2018, 10:23:34 AM
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.

How long do you guys think we have until we face the next crisis?

We are facing a significant economic growth worldwide. This leads to another financial crisis, historical data always tell the truth. I Think that in the next 2-3 years something bad is going to happen that will impact all the human beings in the planet.
2  Economy / Economics / Re: Goldman Sachs Launches US Dollar Coin (Fedcoin). on: October 08, 2018, 09:09:32 AM
I am very confused with people that embrace this idea to buy Goldman Sachs coin. We are here because we don't want the banks and institutions. And when an institution jumps into the crypto world we are here to welcome them?

Huh... It is very interesting to see how community will see such a move from GS.
3  Economy / Economics / Re: Malta is playing strong game on: October 08, 2018, 07:28:53 AM
Malta is strong because government supports blockchain. If every government supports such innovation then transformative technologies are going to evolve significantly.
4  Economy / Economics / Re: If Facebook promotes cryptocurrency, would it positively promote it? on: October 08, 2018, 06:35:25 AM
Quote from: SnowAugustine on September 17, 2018, 11:05:45 AM
I've read that Facebook is going to have its cryptocurrency https://cryptobriefing.com/ready-for-facebook-coin/
Since Facebook and Mark Zuckerberg as an entity is highly influential, do you think it would bring crypto in a positive light? I am thinking that it may raise awareness of cryptocurrency as a whole and not just bitcoin.

There are many speculations around cryptos. I have even heard that Facebook is going to acquire Coinbase. But this is just fake news in my opinion that try to pump the market.
5  Economy / Economics / Re: Each country has its own crypto currency! on: October 08, 2018, 06:23:18 AM
Quote from: Dimon8 on May 24, 2018, 11:11:42 AM
If countries issue their own crypto-exchange system USAcoin, CHINAcoin, ROSSIAcoin, GBcoin, etc. Do you think which of them will initially be expensive and will show growth?

Whats the point of such a separation between cryptos? I think the main point is to have one crypto that can be used from everyone around the world and do a transaction in just few seconds. If every country has its own crypto then this is more than centralized than we want, so I don't think it will show growth or anything positive to the society.
6  Economy / Economics / Re: Bitcoin's High Volatility on: October 08, 2018, 06:00:24 AM
Bitoin is "stabilized" over 2 months now. Stocks markets have more volatility right now. If awareness about bitcoin is raised then volatility is going to be eliminated and people will stop coming and leaving the market.
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