klf
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August 29, 2016, 07:01:06 AM |
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This is 100% true I predict by the end of 2017 the US will witness one of the largest economic crashes of all time.
I don't believe that it is going to happen and either to come with bitcoin. But maybe if that is going to happen with the economy of US then the USD is going to be affected at all and since the value of bitcoin is depending on the price of USD. Then value of bitcoin is going to be affected. But let's be positive that it is not going to happen. But there are some analysis predicted that if Republican wins the election then US may face bigger economic issues in next year. It may be true because if Democrats win the election then the current policies laid out by current government will continue and the economy will also improve. If government change doesn't know how it will change the current policies and it amy affect the growth of US economy.
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BTCSpearo
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August 29, 2016, 07:49:19 AM |
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This is 100% true I predict by the end of 2017 the US will witness one of the largest economic crashes of all time.
I don't believe that it is going to happen and either to come with bitcoin. But maybe if that is going to happen with the economy of US then the USD is going to be affected at all and since the value of bitcoin is depending on the price of USD. Then value of bitcoin is going to be affected. But let's be positive that it is not going to happen. But there are some analysis predicted that if Republican wins the election then US may face bigger economic issues in next year. It may be true because if Democrats win the election then the current policies laid out by current government will continue and the economy will also improve. If government change doesn't know how it will change the current policies and it amy affect the growth of US economy. If Trump wins the economy crashes almost immediately in anticipation of an end to the FEDs easy money policies. If Hillary wins the market keeps setting ATHs confident in knowing rates won't go up and more QE will be supplied. The real economy (those who produce things of value) is already contracting, the volume in stock markets is continually declining, and bonds are already returning negative yields in much of the world. Trump=Greater Depression and economic collapse, Hillary= Hyper inflationary economic combustion along the lines of Venezuela or Zimbabwe. Its kind of funny, for a community so hyper alert to the preponderance of ponzi schemes many bitcoiners don't seem to notice the giant one staring them in the face.
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Script3d
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August 29, 2016, 08:04:46 AM |
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Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.
The bitcoin price will skyrocket to over $10,000. However bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.
The crisis will be so big it will destroy entire countries and in 2017 there will be a civil war in the USA, UK and western europe. After this the world will never be the same again it will change so much by 2020 it will be unrecognizable compared to today.
captain in philippines one of them that bitcoins will be banned? 10,000$ is a huge price i like the price
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fireball4
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August 29, 2016, 03:29:43 PM |
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crash is definitely not going to happen any time soon at least i hope for it
i hope that you are right though anything might happen with the bitcoin price unfortunately, i think that right now bitcoin should be only growing
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LegendaryMiner
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August 29, 2016, 09:36:11 PM |
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Even if the fiat market crashed, I don't know if bitcoin would reach the $ 10K mark, as some people say. With so many people moving to the bitcoin, not sure if it would be able to scale so promptly.
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Zadicar
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August 30, 2016, 02:37:05 AM |
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crash is definitely not going to happen any time soon at least i hope for it
i hope that you are right though anything might happen with the bitcoin price unfortunately, i think that right now bitcoin should be only growing Don't believe it that crash is going to happen, because it already happened if you are going to remember the sudden price fall of bitcoin. The rapid price fall of then maybe that is the big crash that was describing of op to this post. So, we don't have to expect a big crash for the next days, but let's expect for a big rise. We normally experience price drop of bitcoin because of some circumstances and you are right ill assume that OP meant to a crash where bitcoin would drop its price to the bottom which is think its impossible to happen. Price drops are just normal but as we all see that bitcoins price gradually increases after price drop.
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Karolus
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August 30, 2016, 02:50:02 AM |
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Bitcoin crashes every year, especially when a big hack or law enforcement event occurs. It's already lost about 25% this year after the Bitfinix hack. This time there is no sign of recovery.
Eventually people will figure out that Bitcoin is extremely overpriced. Other cryptocurrencies have the same or better functionality but have a fraction of Bitcoin's price. Bitcoin's bubble is doomed.
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mirakal
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August 30, 2016, 02:57:30 AM |
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crash is definitely not going to happen any time soon at least i hope for it
i hope that you are right though anything might happen with the bitcoin price unfortunately, i think that right now bitcoin should be only growing Don't believe it that crash is going to happen, because it already happened if you are going to remember the sudden price fall of bitcoin. The rapid price fall of then maybe that is the big crash that was describing of op to this post. So, we don't have to expect a big crash for the next days, but let's expect for a big rise. We normally experience price drop of bitcoin because of some circumstances and you are right ill assume that OP meant to a crash where bitcoin would drop its price to the bottom which is think its impossible to happen. Price drops are just normal but as we all see that bitcoins price gradually increases after price drop. I also see that as a normal event where the price will drop, for us investors we consider that as the opportunity to buy more bitcoin or invest for a short period of time to gain profit as it is expected that the price will normally rise. In that scenario the group of traders will also make profit because they make money with the price fluctuations.
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badamans
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August 30, 2016, 08:29:59 PM |
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in my opinion what will make the bitcoin price rise will be capital controls which will come into effect when the next crisis happens, which is inevitable after the crazy money printing and negative interest rate policies the have brought in, western governments will be desperate to keep all the money within their countries, it will start with them trying to go to a cashless society so they have full control of the public's money,
remember the reason bitcoin rose so much in the last few years was helped by the chinese using it to get cash out of the country to invest abroad because of china has capital controls and fear of their government devaluing the yuan.
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PaymyBills
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August 31, 2016, 12:52:10 AM |
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This crash will be a great chance to bitcoin earn morecspace on global market.
More investors will come
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pAIjOEkOE
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August 31, 2016, 02:31:56 AM |
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The crash mentioned in the title and OP is a global crash not a crash in bitcoin price. The lack of reading skills here is shocking sometimes.
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freedomgo
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August 31, 2016, 03:42:58 AM |
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This crash will be a great chance to bitcoin earn morecspace on global market.
More investors will come
But it is going to be better if we are not going to expect this crash. Because that is not going to make bitcoin good effect at all. It is better if we are going to expect good things to come with bitcoin because if you want to get good profit with bitcoin. Then you don't want a crash to happen with bitcoin. And besides the crash was done already. Let hem expect what they want, we have our freedom here and we area ll risking for one thing which is money, if the price will crash we will not profit but if the other way around will happen we will walk with a big smile and we can even make a fortune for our future in bitcoin.
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savetherainforest
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August 31, 2016, 04:56:24 AM |
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Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.
The bitcoin price will skyrocket to over $10,000. However bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.
Let me guess - you are basing your opinion, like tens of millions of others, on the price of oil? ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Plastic is made from oil. China is just discovering plastic. Well... this was started in January... But if you haven't figured it out yet. The crisis will be involving pension funds and too low interest rates to yield anything for those pension funds... and a consequence the pensions are being used in the stock markets gambling experience! ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) And since socialism isn't a virtue in the West.. to take from the wealthy and give to the poor... Well.. then.. bummer! You will just have to crash and burn in to more poverty! Also... besides the banks that will fail... there will be also the insurance chain of enterprises that are tight with the banks and they are like a safety net for the banks to save them. But guess what? Those also fail miserably... because they have executives with huge bonuses and nada socialism perspective as it should be. They always count on the new/future inflows of cash to supply them and have no consistent reserves. My advice is that you should stop paying for health insurance and stop your contributions to the pension funds if you can.
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fireball4
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August 31, 2016, 03:17:34 PM |
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The crash mentioned in the title and OP is a global crash not a crash in bitcoin price. The lack of reading skills here is shocking sometimes.
you are right, i think that the global economic crash is going to happen pretty soon and in my opinion in the future the bitcoin will take over
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PaymyBills
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September 02, 2016, 12:27:11 AM |
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This crash will be a great chance to bitcoin earn morecspace on global market.
More investors will come
But it is going to be better if we are not going to expect this crash. Because that is not going to make bit[Suspicious link removed]d effect at all. It is better if we are going to expect good things to come with bitcoin because if you want to get good profit with bitcoin. Then you don't want a crash to happen with bitcoin. And besides the crash was done already. Btc will dump in next days, after this, a big pump will let us really happy!
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Zooplus
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September 02, 2016, 01:58:51 AM |
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This crash will be a great chance to bitcoin earn morecspace on global market.
More investors will come
But it is going to be better if we are not going to expect this crash. Because that is not going to make bit[Suspicious link removed]d effect at all. It is better if we are going to expect good things to come with bitcoin because if you want to get good profit with bitcoin. Then you don't want a crash to happen with bitcoin. And besides the crash was done already. Btc will dump in next days, after this, a big pump will let us really happy! Damn, are you sure about that? Because if you can see the future I will pay you just to give me what will happen so I can be rich. No dump will happen again because we are in the stable stage now and what possible we can witness is the big price increase.
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oceanriver
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September 02, 2016, 04:21:03 PM |
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This crash will be a great chance to bitcoin earn morecspace on global market.
More investors will come
But it is going to be better if we are not going to expect this crash. Because that is not going to make bit[Suspicious link removed]d effect at all. It is better if we are going to expect good things to come with bitcoin because if you want to get good profit with bitcoin. Then you don't want a crash to happen with bitcoin. And besides the crash was done already. Btc will dump in next days, after this, a big pump will let us really happy! or the big pump will not happen, no one can be sure about the bitcoin price right now i think but im pretty sure that the big crash is not going to happen
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Shiroslullaby
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September 02, 2016, 04:24:23 PM |
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Three months left for OPs prediction to come true. When is this huge financial crash supposed to happen? After the US Presidential election? Please advise so that I can get my affairs in order to move to Russia or China LOL. ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif)
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PaymyBills
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September 02, 2016, 05:59:34 PM |
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This is like when i hear in GoT
"The winter is coming!"
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GamingBro
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September 02, 2016, 06:42:59 PM |
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When i see names of topic like this, my fisrst think about it, what and why? but now i can feel good cause this prediction was wrong anyway.
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