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Author Topic: A Global Recession  (Read 394 times)
bbc.reporter
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June 30, 2016, 02:06:29 AM
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Anyone have any thoughts on a global recession happening? Brexit obviously a huge deal, and people are talking about the breakup of UK and European Union.

Obviously, times like these make people very happy about having cash reserves to take advantage of opportunities. Anyone have any thoughts on the next 6-24 months? And how would this affect the bitcoin economy? Would like to hear some thoughts/opinions.

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June 30, 2016, 03:34:26 AM
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Anyone have any thoughts on a global recession happening? Brexit obviously a huge deal, and people are talking about the breakup of UK and European Union.

Obviously, times like these make people very happy about having cash reserves to take advantage of opportunities. Anyone have any thoughts on the next 6-24 months? And how would this affect the bitcoin economy? Would like to hear some thoughts/opinions.

If that will be the case the ones who are going to suffer from that recession are the parties involve. Other countries will enjoy a positive feedback on this especially first world countries. In line with bitcoin, it is still unclear if this will affect the price of bitcoin. I do hope that this major event will have a positive effect on bitcoin industry.
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June 30, 2016, 07:13:26 AM
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Anyone have any thoughts on a global recession happening? Brexit obviously a huge deal, and people are talking about the breakup of UK and European Union.

Obviously, times like these make people very happy about having cash reserves to take advantage of opportunities. Anyone have any thoughts on the next 6-24 months? And how would this affect the bitcoin economy? Would like to hear some thoughts/opinions.

It's not just EU, China is in big trouble too since
Asia/Middle east got problems with the low oil prices, which make the rich oil countries go borrow money..
US > A potential Trump threat <-- this seems to be the biggest problem of them all
Brazil > corruption

So yeah quite some things are going on which are influencing the market. I think the reason bitcoin isn't booming, is that investors are scared, and not sure what to do and retract to the safe gold.
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July 01, 2016, 12:58:48 AM
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Anyone have any thoughts on a global recession happening? Brexit obviously a huge deal, and people are talking about the breakup of UK and European Union.

Obviously, times like these make people very happy about having cash reserves to take advantage of opportunities. Anyone have any thoughts on the next 6-24 months? And how would this affect the bitcoin economy? Would like to hear some thoughts/opinions.

It's not just EU, China is in big trouble too since
Asia/Middle east got problems with the low oil prices, which make the rich oil countries go borrow money..
US > A potential Trump threat <-- this seems to be the biggest problem of them all
Brazil > corruption

So yeah quite some things are going on which are influencing the market. I think the reason bitcoin isn't booming, is that investors are scared, and not sure what to do and retract to the safe gold.

By saying "bitcoin isn't booming", are you referring to just the price? Or the bitcoin economy as a whole? I ask because I have seen a couple of comments that btc is akin to gold as a "hedge or safe haven" in case of an economic crisis happening. What is your take on this?

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July 18, 2016, 04:20:05 PM
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I think as long as the bitcoin users increases and the daily usage increase to buy things, the price will also rise.

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July 18, 2016, 04:29:51 PM
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Anyone have any thoughts on a global recession happening? Brexit obviously a huge deal, and people are talking about the breakup of UK and European Union.

Obviously, times like these make people very happy about having cash reserves to take advantage of opportunities. Anyone have any thoughts on the next 6-24 months? And how would this affect the bitcoin economy? Would like to hear some thoughts/opinions.
Financial crisis of 2009 never finished. Debts of countries keep increasing, banks in financial problems.  If there are mayor events (like Brexit) bitcoin price could get up.

US > A potential Trump threat <-- this seems to be the biggest problem of them all
Hillary is a treat too, she wants to invade entire Middle east and Russia

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October 03, 2017, 12:00:04 PM
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it obviously sucks.. more for some than others

but it affects us all unfortunately, the US bubble spread throughout the world even if it was "American related"

we are so interconnected that something small can have a huge impact

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