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Author Topic: Recession in the Economy  (Read 376 times)
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July 01, 2018, 06:26:29 PM
 #21

I consider that current recession is partly caused by consequences of the 2008 crisis. The 2008 situation has never been fully fixed mut only temporarily mended which may result in a greater crisis in the future.

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July 01, 2018, 08:45:26 PM
 #22

One of the reasons for invention of Bitcoin was the 2008 financial crisis. To rebel against problems like money printing, inflation. So from crypto point of view, we shouldn't be afraid of crisis. In fact, price could increase because of crisis itself.




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July 01, 2018, 09:08:19 PM
 #23

Bitcoin is still known to everyone as the top currency. But in the economy, bitcoin is not always the same value. The economy is getting worse. That's why bitcoin is not seen in the world as bad.
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July 03, 2018, 01:26:11 PM
 #24

A recession is a significant decline in economic activity that goes on for more than a few months. It is visible in industrial production, employment, real income and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP), although the National Bureau of Economic Research (NBER) does not necessarily need to see this occur to call a recession.

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July 03, 2018, 01:30:59 PM
 #25

 2018 is indeed a very serious economic downturn in many countries. war broke out, the major countries in the world conflict, the recession occurred is evident. But this is considered a good opportunity for investors.
Buy some potential altcoins and hold until everything is recovered. great strategy. Wink

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July 03, 2018, 03:10:06 PM
 #26

The recession can be a problem, and certainly many countries are in trouble.
But there is no direct relationship with the performance of cryptocurrencies.
Last autumn there was not an economic boom and yet the bitcoin did great!

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July 03, 2018, 03:39:09 PM
 #27

One of the reasons for invention of Bitcoin was the 2008 financial crisis. To rebel against problems like money printing, inflation. So from crypto point of view, we shouldn't be afraid of crisis. In fact, price could increase because of crisis itself.
You have a very primitive approach to economic laws. If the economy is in a recession, then enterprises are closed and jobs are reduced. Where will people take money to invest in cryptocurrencies? Even bitcoin does not have now signs of an independent currency. It's closer to securities and they always go down in value during a crisis.

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July 03, 2018, 03:52:53 PM
 #28

Recession is a normal, albeit unpleasant, part of the business cycle. However, one-time crisis events can often trigger the onset of a recession. The global recession of 2009 brought a great amount of attention to the risky investment strategies used by large financial institutions, along with the global nature of the financial system. As a result of the wide-spread global recession, the economies of virtually all the world's developed and developing nations suffered significant setbacks. Numerous government policies were implemented to help prevent a similar future financial crisis as a result. Typically, a recession lasts from six to 18 months, and interest rates usually fall during these months to stimulate the economy.
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July 09, 2018, 02:09:07 PM
 #29

We are in the digital era right now, and many jobs done by humans will soon be outdated as it can be streamline and even much faster and efficient system, like machines. Time will come that many jobs will be outdated and people will look for another opportunity to turn into and cryptocurrency is one of the choice. Actually, direct sales and Network marketing is gaining its ground as well.

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August 03, 2018, 05:40:42 AM
 #30

One of the reasons for invention of Bitcoin was the 2008 financial crisis. To rebel against problems like money printing, inflation. So from crypto point of view, we shouldn't be afraid of crisis. In fact, price could increase because of crisis itself.
That will happen in spite of the economic crisis. Electronic money keeps its own perspective on the market. Surely one thing will not matter what happens even opportunity comes from here. The economic downturn has nothing to do with it.

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August 03, 2018, 11:05:54 PM
 #31

Recessions are a problem, on the other hand they are never random, rather they are carefully planned.
So, it is useless to complain, you just need to know how to predict the trends ...

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August 04, 2018, 02:39:51 AM
 #32

Bitcoin is a strong currency which can operate world wide. Satoshi Nakamoto the originator of the bitcoin intends to provide a suitable currency for the benefit of the global community for their daily use .It is a new form of economy introduced to the world with a strong net work systems incorporated with the modern technology .Bitcoin is useful many ways to the day to day life of the human being.Bitcoin or the crypto currency will not effect any type of the financial recession or the inflation.Bitcoin could help during their economic down turn to certain countries to over come form the inflation.

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August 04, 2018, 02:57:15 AM
 #33

When recession hits a country every is affected its has domino effect form one country to another and so people in the governement are looking for a means on to recover so that they will not get totally to the bottom... they might consider bitcoin as one option to help them in this crucial stage and who knows that by doing it they will able to recover fast.

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August 04, 2018, 03:09:03 AM
 #34

The recession in the economy is just what the news cycle is portraying.  The economy has been in shambles for 30 years.  I think the monetary model is shifting from fiat dollar based to crypto.  So I'm not really worried about any recession or drama the box is yelling at me with.  I just stick to the plan. 

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August 04, 2018, 06:10:48 AM
 #35

For every recession, stock market and crypto market will be affected and in effect, it will suffer a country's economy and the people will be affected by it. Due to recession, people do no longer have the chance to be involved with cryptocurrency as they no longer have the money or capital to put for an investment. To be able to surpass a recession in the economy, the government of a country should make strategic moves to overcome the recession problem and perhaps seek assistance to some ally countries that could help their country back on track with their economy.

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August 04, 2018, 06:55:38 AM
 #36

Bitcoin or the crypto currency has the potential to resist the economical down turn or the recession in the economy of a country because bitcoin will not effect in any way the inflation or the recession and the bitcoins price will be mostly stable. Some countries could overcome and survive the economic down turn with the help of  bitcoin. The country  agreed bitcoin to operate parallel to their national currencies.Hence the most of the countries are welcoming  and accepting bitcoin parallel to their own currency.
 
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August 12, 2018, 03:16:24 PM
 #37

Bitcoin is useful many ways to the day to day life of the human being. Bitcoin or the crypto currency will not effect any type of the financial recession or the inflation. Bitcoin could help during their economic down turn to certain countries to over come form the inflation. Bitcoin is a strong currency which can operate world wide. Satoshi Nakamoto the originator of the bitcoin intends to provide a suitable currency for the benefit of the global community for their daily use. It is a new form of economy introduced to the world with a strong net work systems incorporated with the modern technology.
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August 14, 2018, 07:49:33 PM
 #38

I think the bitcoin economy is the best investment. It is good for the economy. There is inflation in the midst of the economic slump. This economic depression has a low income among the cheapest people. It's taxable in tax on people. It's more like bitcoin If a country rules, it can get out of the economic recession.
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August 14, 2018, 07:57:48 PM
 #39

When the spread between short and long term levels is narrow, it shows that the market believes that economic growth and inflation are not sustainable and will fall in the future.
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September 08, 2018, 12:42:41 PM
 #40

There is no reliable way to predict how and when a recession will occur. But, according to many economists, there are some generally accepted predictors that. when they occur together, may point to a possible recession. First, asset prices will begin to decline. This includes home prices and other financial assets like stocks. Another possible predictor is unemployment; generally speaking, a three-month change in the unemployment rate and initial jobless claims will point to a recession. An inverted yield curve is also another predictor. When long-term yields fall below the short term ones (the 10-year vs. the 3-month Treasury securities), a recession will occur. Conversely, a positively sloped curve (in the opposite direction) will signal inflationary growth. Since 1970, all the recessions that have taken place in the United States up through 2017 have followed an inverted yield curve.
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