Mauser
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February 13, 2021, 11:27:39 AM |
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We all want to know this !! Here is oeople who knows but they dont tell us .... Former bankers finamce or goverment people tell us plz. Or get out of this forum if u dont help your fellow forum users
It is hard to find actual proof for your crash predictions. Only if we can be a 100% sure that the crash is coming we should inform other about it. If we don't have a proof and can't be really sure about it, it is going to be very hard to convince others. Also we don't want to be the reasons for others to lose money if they follow our trades.
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cheezcarls
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February 13, 2021, 11:45:10 AM |
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This only means for Bitcoin and other cryptocurrencies to go even higher than ever. More financial institutions are getting aboard on the Bitcoin train. If fiat and stock market collapses, Bitcoin is going the other way around. It even surpassed gold right no in terms of price per ounce. There’s no way that they could take Bitcoin down anymore. Even if it plunges, it’s not like the horrible crash of 2018 anymore because of it’s market maturity and institutions are already going all-in on Bitcoin. It will always come back up again stronger than ever.
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Argoo
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March 17, 2021, 12:37:47 PM |
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Your title is confusing to me, are you saying there is a financial crash coming? Nevertheless I am a licensed investment advisor, and I can tell you none of us have any clue what's going to happen. I'm not so sure why you assume that we would know, or that the government would know. This is all completely undecided and will take many years to play out. The dollar, the euro etc aren't going anywhere anytime soon.
Financial and economic crises happen periodically, but they do not lead to the disappearance of certain currencies such as the dollar and the euro. The dollar has already experienced many such crises and will survive. Crises like these are also useful in some way, as they allow the economy to be re-tuned and lead to a clean-up of the economy. If there is a global economic crisis, and so far there is no complete certainty about this, then the cryptocurrency will grow in price, which, in principle, we are already observing. In general, I do not see any reason for panic yet.
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mezzaluna
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March 17, 2021, 04:54:46 PM |
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This is always possible because we are living in a world where there is full of uncertainties and the only thing we are certain about is "change". This change can affect everything from fiat money and to our Cryptocurrencies. This collapse must always be on our minds but that does not mean that we should stop supporting Cryptocurrencies. This collapse can happen but that does not mean of leaving it behind because there are a lot of "What ifs" on those kind of situation like "What if its just resetting and readying itself for another bull run?" Although the use for cash will always be there but having to transition into a more digitized world in which we will use cashless transactions is a big step for our revolution into a better age which means the utilization of Cryptocurrencies will be better at that time so yes, we should stay alert but don't panic too much because all of our logical statements resting on our minds is possible.
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TheNineClub
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March 17, 2021, 05:36:15 PM |
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I doubt anyone has the knowledge to know the definitive answer to any of those questions. Actually, it's not the knowledge but the complexity of the monetary systems that make it impossible to know exactly. However, all of those you mentioned, the dollar, the euro, and BTC are all ingrained deeply enough so that it is highly unlikely they would just crash and disappear at once. Nothing in our economic system is designed in that way. Can it happen gradually through a long period of time with enough of political and economic shifting? Sure, but not enough movement is going on to say that without a doubt.
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crzy
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March 17, 2021, 09:10:54 PM |
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I doubt anyone has the knowledge to know the definitive answer to any of those questions. Actually, it's not the knowledge but the complexity of the monetary systems that make it impossible to know exactly. However, all of those you mentioned, the dollar, the euro, and BTC are all ingrained deeply enough so that it is highly unlikely they would just crash and disappear at once. Nothing in our economic system is designed in that way. Can it happen gradually through a long period of time with enough of political and economic shifting? Sure, but not enough movement is going on to say that without a doubt.
The market crash is inevitable in no time, there’s a lot of circumstances that affects the market situation and that can’t be prevented even if you hire a good economist to run a country, just look at the richest countries today, they are still vulnerable for the crash. If bitcoin market goes to a correction again, then that’s a normal scenario but its really hard to say when it will happen, the time will come and the life will be hard again if that happens this year.
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shoreno
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March 18, 2021, 06:11:47 AM |
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Everybidy know this
i thought you didnt know yet because your asking but not all people knows that there is a crash coming but they are expecting in the opposite based on the positive effect that they feel right now . But we i want to know what is after this ?
after the crash ? of course you will loose if your one of the investors that invest on that asset that crash . fiat is the most strongest currency i believe because they exist for so many years and what you did of converting your coins to stable coin is already a good preparation , you not need to worry anymore
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lienfaye
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March 18, 2021, 06:42:14 AM |
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We dont know exactly whats in the future but what im certain is fiat will remain as it is and bitcoin/crypto wont disappear suddenly as long as there are people believing and still supporting it.
Thus stop worrying yourself and dont make things complicated, instead go with the flow and think of something that can benefited you regardless of whats in the future.
Just take advantage the current situation and stop filling your mind of questions that cant help you to face the reality.
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adzino
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March 18, 2021, 07:25:12 AM |
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Financial and economic crashes happen all the time. It's not like it is something new. Unless it is something really serious, the crashes are just short term and usually recovers really fast. Just like last year. Look at what happened to the economy due to the pandemic, but right now. It is very much stable. And yes, when the economy of a country starts to crash, the fiat value also starts to drop along with the economy. When this usually happens, the price of bitcoin starts to increase. But you won't exactly know when this is going to happen. Here is oeople who knows but they dont tell us .... Former bankers finamce or goverment people tell us plz. Or get out of this forum if u dont help your fellow forum users
Lol, not sure if you are being serious over here.
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arwin100
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March 18, 2021, 09:32:15 AM |
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Thinking about that can cause major stress since we shouldn't overthink on what will happen on financial system of the country since its a government job on how they run the economy. Just work hard to gain from various options and don't focus on single profit generator so that you will not worry about things, it will stress us out if we join the discussion about financial system.
Trust your government since I'm sure they know on what they are doin.
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fiulpro
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March 18, 2021, 05:05:32 PM |
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Hello Financial stability was never something which was going right , with the corruption and at the same time with the increase in the population, poverty, the sky rocketing Joblessness at the end of the day it was always there but all countries actually hide them somehow. The education is something that might have tackled the situation but then again do you know about the excessive student loans which caused the kids brain drain and ultimately they move to different nations. But yet all was not balanced and at the end of the day pandemic happened, which shook the whole situation to the core. Now the thing is : There are no jobs People are dependent on stimulus ( only some countries are giving them away and at too through debts ) Government is increasing taxes to tackle this situation Education system is not only corrupted but also collapsing Banks and stock market is like dancing in the fire , do not even try and get involved with them at the moment.
Everything is showing a red light and people are still being ignorant at the end of the day to preserve their integrity and somehow hide this and prevent all the stress. But this is a reality and now we have to tackle the situation.
We have to look for the jobs We have to make sure that education is widespread We have to make sure Government keeps a stable balanc between taxes and stimulus We have to make sure that at least poor countries somehow get some help instead they be used by the rich Nations which is ironic.
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uray
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March 18, 2021, 08:28:21 PM |
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Financial and economic crashes happen all the time. It's not like it is something new. Unless it is something really serious, the crashes are just short term and usually recovers really fast. Just like last year. Look at what happened to the economy due to the pandemic, but right now. It is very much stable. The problem with the theory is that you cannot predict when these economic crises are serious until it hit them and if it was easily predicable everyone would have been cautious before the global financial crises hit. We are aware that the pandemic has created an economic slowdown and it further put economic burden for everyone and it will affect the economy in the short or long term and you cannot print money and overcome these and the speed of crises depends upon the economic policies they undertake during these hard times.
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AndySt
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March 18, 2021, 11:39:47 PM Last edit: March 19, 2021, 12:13:23 AM by AndySt |
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Financial and economic crashes happen all the time. It's not like it is something new. Unless it is something really serious, the crashes are just short term and usually recovers really fast. Just like last year. Look at what happened to the economy due to the pandemic, but right now. It is very much stable. The problem with the theory is that you cannot predict when these economic crises are serious until it hit them and if it was easily predicable everyone would have been cautious before the global financial crises hit. We are aware that the pandemic has created an economic slowdown and it further put economic burden for everyone and it will affect the economy in the short or long term and you cannot print money and overcome these and the speed of crises depends upon the economic policies they undertake during these hard times. I absolutely agree, all experts in this industry and just sensible people already see perfectly well that the global economy has been experiencing crisis phenomena for quite a long time, but thanks to the economic measures in the policy of quantitative monetary easing that the authorities of the leading economic powers are taking, it is possible to delay the crisis itself. Everyone is well aware that it is time to curtail quantitative easing, but they are afraid of the consequences for economic growth, and then there is a pandemic with lockdowns.
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Lorence.xD
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March 19, 2021, 02:35:09 AM |
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The problem with the theory is that you cannot predict when these economic crises are serious until it hit them and if it was easily predicable everyone would have been cautious before the global financial crises hit. We are aware that the pandemic has created an economic slowdown and it further put economic burden for everyone and it will affect the economy in the short or long term and you cannot print money and overcome these and the speed of crises depends upon the economic policies they undertake during these hard times.
If you can't predict when will it happen then you better be prepared for it because the only way to survive that crash is if you are prepared and you can curtail the first waves because they are the worst part of the crash as people are still stumbling over as to what they should do. The only way I think that an economic crash is going to be prevented from happening is when the government stops overspending on stuff like military, increase taxes to high income individuals and businesses without any possibility of write offs, fund a task force for preventing money laundering, and increase wages for minimum wage job and at the same time increasing taxes.
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