Bitcoin Forum
October 19, 2019, 01:57:28 PM *
News: Latest Bitcoin Core release: 0.18.1 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 3 [4] 5 »  All
  Print  
Author Topic: Recession in the Economy  (Read 1681 times)
fasdorcas
Hero Member
*****
Offline Offline

Activity: 798
Merit: 527



View Profile
October 26, 2018, 10:20:38 AM
 #61

In my opinion, if theirs economy recession there should also be alternative solution for the main time. I think recession is just part of the economy that undergo a process.
Alternative solution is something you will have to find as an individual and it is either you want to be storing value in physical assets until the recession dies down which is what a lot of people normally do in most cases, and now that there is an alternative when it comes to digital assets, it should even make it a whole lot more interesting for a lot of people in the long run. Recession is something that can happen to any economy that cannot stand on its own, so one way or the other, the choice is yours as a citizen to know how to play your card well so you do not get affected.
1571493448
Hero Member
*
Offline Offline

Posts: 1571493448

View Profile Personal Message (Offline)

Ignore
1571493448
Reply with quote  #2

1571493448
Report to moderator
WEEKLY BONUS Unlimited Faucet&Fastest Dice PLINKO DICE CRASH ROULETTE PLAY NOW
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1571493448
Hero Member
*
Offline Offline

Posts: 1571493448

View Profile Personal Message (Offline)

Ignore
1571493448
Reply with quote  #2

1571493448
Report to moderator
1571493448
Hero Member
*
Offline Offline

Posts: 1571493448

View Profile Personal Message (Offline)

Ignore
1571493448
Reply with quote  #2

1571493448
Report to moderator
Kevin77
Legendary
*
Offline Offline

Activity: 1652
Merit: 1057



View Profile
October 26, 2018, 01:19:39 PM
 #62

It is always bound to happen once in a while. It happened back in 87 and than again in 2001 and again in 2008, we have been in the longest running bull run of economy ever for the history and not just time but generally in the marketcap valuations, apple hit 1 trillion for the biggest example. How big is 1 trillion ?

Back in the day when "standard oil" was a thing and cornered all the petroleum market all over america it was basically ruining all other competition and ruled a sector by all itself, than it was divided into many small companies in order to prevent this monopoly and killing competition and those companies all combine for a trillion dollars today, yet apple has that all by itself.

Basically the bull run was not only a long period of time (10 is a lot in economy) but also increased faster than any other time in history. This of course caused the prices of everything go up as well and that created a lack of funds on regular people that couldn't afford luxurious stuff anymore and slowly couldn't afford regular stuff neither which caused companies to not sell as much and basically created a recession.
juperos
Member
**
Offline Offline

Activity: 422
Merit: 10


View Profile
October 26, 2018, 01:34:00 PM
 #63

Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?
I think this is a bad thing for me. I am a young person and have just started business. I rely on the crypto market to fund my business venture. Now the market seems to be hit hard by a recession and I'm having a lot of trouble. But all of us are in a similar situation, the only thing to do now is to work diligently.

MINTER - WE MINT COINS AND CREATE THE INTERNET OF MONEY
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
Telegram  |  Bip Wallet  |  Twitter
visionE2
Full Member
***
Offline Offline

Activity: 266
Merit: 100



View Profile
October 26, 2018, 01:47:24 PM
 #64


In times of recession and economic crash one of the best national and international practice any country can adopt is to inject more capital into that crashing economy to boost investment and business activities and bitcoin is a good source of raising capital to reinvest in an economy. my country Nigeria is a beneficiary of bitcoin in this time of recession.
how does it affect now? considering the price of bitcoin is decreasing, is the economy in your country still stable, or is the decreasing in bitcoin prices worsening the economy?

Pab
Legendary
*
Offline Offline

Activity: 1862
Merit: 1012


View Profile
October 26, 2018, 05:21:59 PM
 #65

Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?

Many USA economist are talking about it.Few days ago JPMorgan Chase wrote that chance of recession in 24 months are 60%
Most of economist are saying that USA GDP will slow down
Together with higher borrowing costs and all that tariffs war it will slow down GDP and can cause recession
Most of them are predicting end of hossa on stocks and poor return in coming years
 

 
                                . ██████████.
                              .████████████████.
                           .██████████████████████.
                        -█████████████████████████████
                     .██████████████████████████████████.
                  -█████████████████████████████████████████
               -███████████████████████████████████████████████
           .-█████████████████████████████████████████████████████.
        .████████████████████████████████████████████████████████████
       .██████████████████████████████████████████████████████████████.
       .██████████████████████████████████████████████████████████████.
       ..████████████████████████████████████████████████████████████..
       .   .██████████████████████████████████████████████████████.
       .      .████████████████████████████████████████████████.

       .       .██████████████████████████████████████████████
       .    ██████████████████████████████████████████████████████
       .█████████████████████████████████████████████████████████████.
        .███████████████████████████████████████████████████████████
           .█████████████████████████████████████████████████████
              .████████████████████████████████████████████████
                   ████████████████████████████████████████
                      ██████████████████████████████████
                          ██████████████████████████
                             ████████████████████
                               ████████████████
                                   █████████
.CryptoTalk.org.|.MAKE POSTS AND EARN BTC!.🏆
jademaxsuy
Member
**
Offline Offline

Activity: 546
Merit: 23

★777Coin.com★ Fun BTC Casino!


View Profile WWW
October 26, 2018, 05:28:12 PM
 #66

In my opinion, if theirs economy recession there should also be alternative solution for the main time. I think recession is just part of the economy that undergo a process.
What if it will happen to bitcoin? Will you be happy? This is not good if one economy had gone something like this. It is an indicator that the economy has some problems that needs to be resovled. In cryptocurrency, were apparently still the same. The bitcoin market price has falling down lately for it was being controlled by the huge whales (investors with huge market contributions) that plays the market in their every transaction.

ibrayzorhaf
Member
**
Offline Offline

Activity: 462
Merit: 10


View Profile
October 26, 2018, 05:44:23 PM
 #67

in my opinion, seeing the economic situation this year is very bad for Crypto. The magnitude of the influence of Korea, China and Japan regulation has a major impact on crypto.

[   BITVALVEⓇ   |   P2P crypto exchange   ]      ▬▬▬▬    THE MOST ADVANCED P2P
                                   ❱ Telegram       ❱ Twitter                     CRYPTO EXCHANGE PLATFORM
                                             ❱ Bitcointalk      ❱ Facebook              [   ◾◾◾ JOIN ICO   ◾   WHITEPAPER   ]
prtty2gal2
Hero Member
*****
Offline Offline

Activity: 1092
Merit: 523



View Profile
November 02, 2018, 11:26:10 AM
 #68

In my opinion, if theirs economy recession there should also be alternative solution for the main time. I think recession is just part of the economy that undergo a process.
Alternative solution is something you will have to find as an individual and it is either you want to be storing value in physical assets until the recession dies down which is what a lot of people normally do in most cases, and now that there is an alternative when it comes to digital assets, it should even make it a whole lot more interesting for a lot of people in the long run. Recession is something that can happen to any economy that cannot stand on its own, so one way or the other, the choice is yours as a citizen to know how to play your card well so you do not get affected.
Whatever the status or level of recession it would be, we all must adhere the local and national laws while dealing with bitcoin. If the government hasn’t done anything legally regarding bitcoin, we must keep ourselves away but in other case too, don’t wait for so long. Just get into bitcoin world and start earning. Recession wouldn’t happen if govt is dealing all this.
Seriously, so you want to start making the government action, determine the decisions you make regarding making use of or being a part of the crypto space? I really want to see how that is going to work out for you eventually. You think left for the government, they won't mind getting to see us all, get our ass whopped?

If there is going to be any recession at all, it is only going to be affecting fiat and as well as most economy of countries that are somehow interdependent, and this would even mean a lot for the crypto space, as most institutional investors in cases like this are always looking for the best haven they can put their funds for storage of value, and this seems to be a great spot for that.
Rory Kylo
Newbie
*
Offline Offline

Activity: 29
Merit: 0


View Profile
November 02, 2018, 11:55:30 AM
 #69

When the economy is in a downturn, bitcoin will be a top choice because it is a decentralized market that will not be affected by external factors.
rosemary4u
Jr. Member
*
Offline Offline

Activity: 392
Merit: 1


View Profile
November 02, 2018, 12:58:23 PM
 #70

According to economics,the slow down of economic activity or the contraction of commercial rotation is called  recession.During the recession, the types of big economic indicators remain the same.During the recession, national average income. employment.,investment costs,production capacity utilization, family income, and business profits all fall a lot.Because of these things become bankrupt or unemployment rate increases.The government seeks to adopt economic policy, increasing the cost of money by increasing money supply and trying to counter the recession.
The recession in the economy is almost everywhere across the globe. Governments are struggling to pay  workers and sustain the economy in their respective  companies. Many people are complaining about the high taxes that are been charged by the governments in many countries. I believe this has also affected the world of crypto to some extent.
harimauagam
Full Member
***
Offline Offline

Activity: 413
Merit: 100



View Profile
November 02, 2018, 01:46:31 PM
 #71

the current economy in the real world must have declined considerably compared to what we previously could not measure from year to year because dollar prices continued to soar.
junglist.massive
Hero Member
*****
Offline Offline

Activity: 760
Merit: 500



View Profile
November 02, 2018, 05:53:17 PM
 #72

The reason for the recent global crisis is due to Trump's success in strengthening the US economic sector with various policies issued and not infrequently weighing partners or even disrupting bilateral relations between two countries as example the trade war with China. But that doesn’t mean developing countries must be slumped and can’ take advantage of it.
rickyNmorty
Member
**
Offline Offline

Activity: 449
Merit: 15

Investor


View Profile
November 02, 2018, 05:57:54 PM
 #73

Bitcoin will be the top choice right now when the economy slumps as in other respects bitcoin has helped companies to increase revenue and even increase their production so bitcoin will be a secondary advantage when the economy is deteriorating.

This is really true. We can see that bitcoin has a huge potential of helping an economy to grow. We can say it basing thru the past statistics or the value chart of bitcoin. Investing with this will surely generate profit, at the same time helps in many ways such as doing transactions easier.
Menawi12
Member
**
Offline Offline

Activity: 532
Merit: 10

The revolution of the erotic industry on Blockchai


View Profile
November 03, 2018, 12:52:42 AM
 #74

Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?

Maybe economic crisis getting more closer. I hope it will not happen because many people will suffering but with currency economic system, economic crisis always happen. I think invest in bitcoin is better because its undervalue market

RachelX ✦ 
❝ THE REVOLUTION OF THE EROTIC INDUSTRY
WHITEPAPER ✤ ─────  FacebookTwitterInstagram ⋆  Telegram ⋆  YouTube ⋆  LinkedIn  ───── ✤ BUY RACH
STT
Legendary
*
Offline Offline

Activity: 2240
Merit: 1148


WOLF.BET - Provably Fair Dice Game


View Profile WWW
November 03, 2018, 01:04:59 AM
 #75

The simple take on bond curves and all kinds of changes is they are bonds that promise to pay dollars in the future.   With an unwinding of debt we will see more dollars in circulation and so currency weakness.   The trend for the majority of my life over decades has been oppisite, more debt, more tightly wound at higher prices.   That trend will end after a time that has lasted a generation basically, volatility and change ensues.

When the economy is in a downturn, bitcoin will be a top choice because it is a decentralized market that will not be affected by external factors.

Bitcoin is traded globally and will be effected by a change in the world economy and its currencies.   What has to be true by that point is that Bitcoin is a usable and useful tool to have no matter the status high or low of that world citizen.      I would not assume Bitcoin is a perfect ship that will rise above all troubles, they'll be many waves and it'll have challenges pretty sure.

Heres a good video I was just watching with Nassim Nicholas Taleb - https://www.youtube.com/watch?v=62rfLjnPxKE
He suggest sthe world is more fragile then ever before and to a greater extent then ten years ago.   Not a complicated argument to make, debt was a problem in 2008 and a decade later we have more of that debt, more of a problem.
BTC is not bound to that debt problem but it has a struggle to be efficient in its operation like every system in use

.WOLF.BET.
▀  ▀▀▀▀▀▀
  ▀ ▀▀▀
 ▄ ▄▄▄   
  ▄ ▄▄▄
▄  ▄▄▄▄▄▄
        ▄▄▄▀▀▀▀▄▄▄
    ▄███▌        ▀▀▄
  ▄▀   ▐█████████▄  ▀▄
 ▄▀  ▄█████████████▄  █
 ▌  █████████████████  █
▐  ████████████████ ▄█
█  █████████████████████▌
▐  ██████████████████ ▀█▌
 ▌ ▐█████████████████▌ ▐▀
 █  ██████████████▀ ▄▀
  █   ███████████▀  ▄▀
   ▀▄▄██ ▀▀▀▀▀▀▀  ▄▄▀
     ▀██▄▄▄▄▄▄▄▄▀▀▀
▄███████████▄
███████    ████████████▄
███████    ███████   ▀██
██████████████████    ██
██    ██████████████████
██    ███████    ███████
█████████████    ███████
███████    █████████████
███████    ███████    ██
██████████████████   ▄██
██        ▀███████████▀
██
██
      ▄█▄         ▄█▄
 ▄██ ███ ███████ ███ ██▄
▐███▄ ▀ ▄███████▄ ▀ ▄███▌
▐█▌▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▐█▌
▐█▌   ▄▄▄▄▄▄▄▄        ▐█▌
▐█▌   ████████        ▐█▌
▐█▌       ███     ▄▄▀▀▀██▄
▐█▌      ███    ██▀      ▀█
▐█▌     ███    ███         █
▐█▌    ███     ███          █
 ██▄           ███▄         █
  ▀█████████████████▄     ▄█
                  ▀▀█████▀▀

████
██
██
██
██
██
██
██
██
██
██
████


.AFFILIATE PROGRAM.
   ...FREE FAUCET........
..CHAT RAIN.............
rikybrosh
Full Member
***
Offline Offline

Activity: 333
Merit: 100



View Profile
November 03, 2018, 01:36:06 AM
 #76

Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?
If we still use fiat as medium of exchange then it will not good for us, fiat now is being monopolized and manipulated. Many people who saving their money make a leakages in money cycle. Not all people save their money in bank. The afraidness about investment makes the situation even worse. Government should improve the national yield by help their citizens to create micro industry/home industri so the economy can be better.

efxtrader
Full Member
***
Offline Offline

Activity: 798
Merit: 100



View Profile
November 03, 2018, 06:34:25 AM
 #77

Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?

I dont have an experience about bonds yield, but from economic news that The Fed start raising interest rate, i am believe US economic start to recover and stronger again. But others country will suffering on their growth because Fed Rate effecting on many country economic condition.
Hopely economic crisis not happen

EZ365TM        REVOLUTIONARY DIGITAL ASSET ECOSYSTEM 
WHITEPAPER INVESTOR pitch   |   Telegram   |  Twitter   |   Facebook   |
[   PLAY      TRADE      LEARN   ]
Bitcotalk
Hero Member
*****
Offline Offline

Activity: 966
Merit: 517



View Profile
November 03, 2018, 07:01:40 AM
Merited by coinplus (2)
 #78

in my opinion, seeing the economic situation this year is very bad for Crypto. The magnitude of the influence of Korea, China and Japan regulation has a major impact on crypto.
What do you actually classify as a bad situation? The fact that the market has been growing over the years consistently or the fact that there was a time bitcoin was a lot far less than a dollar and now the market is attempting to create a bottom at $6k? Come on bro, we need to get one fact straight; you basically see the negativity in the short term because that is basically what you just want to see.

I think people need to start focusing on the long term and if you find that hard to do, look back to where it all started, the price, the fluctuations in between and where we are now, and then judge on that based on what the future is going to be like, considering that we are not even close to mainstream adoption at all.
Rashid555
Full Member
***
Offline Offline

Activity: 350
Merit: 100



View Profile
November 03, 2018, 07:48:20 AM
 #79

If we look at the market situation the recession and some up and downs are the nature of the market while i love to hold crypto any time, Bitcoin value have now stable and many countries have welcome bitcoin and crypto so it is very good that people have to invest in crypto for bright future.

igration
Newbie
*
Offline Offline

Activity: 10
Merit: 0


View Profile
November 05, 2018, 08:36:22 PM
 #80

Another good example was the stock market crash and subsequent economic downturn in 2000. That was not a recession according to the textbook, because GDP growth was negative in Q3 2000, Q1 2001, and Q3 2001, none of which were consecutive. But anyone who lived through the 2001 recession knows that it felt like a recession during all that time. And in fact, GDP growth did not return to 3 percent until Q3 2003.
Pages: « 1 2 3 [4] 5 »  All
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!