Global financial crisis

[Iwillgotothemoon]

There is a close relationship between cryptocurrency and the financial crisis. It is to be understood that the subprime mortgage crisis of 2008 created bitcoin. When Bitcoin is expensive, when the financial crisis is very close, it is clear that we escaped a financial crisis last year, but the financial crisis will soon erupt.

[Robbio]

Your prediction time is not correct, now politicians are manipulating the market. The cryptocurrency will become a myth in the financial crisis, and people who invest in bitcoin will be rich in the future.

[Semaj123]

I think what we are experiencing is just different levels of crisis. It's just a matter of intensity and duration. We may have a weak crisis on an extended period of time or a huge crisis but in a snap of a finger. Bottom line is, the elite 1% of the 1% who orchestrated all of these are still at the reigns of our economics.

With the birth of cryptocurrencies, there's a lot of issues with regards to our economy because of its continuous to dominate in the market. Economist started to make their different opinions and some are believing it would cause trouble. But with my own thoughts, I think this is an advantage because people can now have so many options on how they are going to grow their assets.

[andriw]

The next crisis? I think the country that I live will face a new crisis, where the price of the US Dollar is skyrocketing, and according to information that it is also the result of world financial turmoil and impact on developing countries. And the government is currently working to restore this situation, with various solutions, although not yet seen significantly

[Kaznachej123]

  It will be a recession but not a financial crisis. There has to be an underlying market risk to the entire system (ex the US housing market.) All expansion and recessions are cyclical. Looks more like 2020 though

[andrei56]

I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.

How long do you guys think we have until we face the next crisis?

No one can predict exactly when the next crisis is going to happen, many have predicted that a crisis of enormous proportions was going to come and that countries will need to adopt gold as the main currency and still it has not happened, what we do know is that things cannot go like this forever and that at some point a crisis will happen, what we do not know is when that will happen and how big it is going to be.

If this happens that gold will be the main currency all over the world then many people will suffer especially the poor countries will become even poorer because gold is in a limited supply and Im sure price will be very high once this proposition be implemented but I hope many will be against of gold.

It is possible that things get so bad that people prefer to adopt gold and silver to stabilize the economy than to keep living in an economy going through hyperinflation in which the currency is not worth the paper in which it is print, I know that such a scenario doesn't seem very likely but it has happened before and it's likely it will happen again.

[inanilujimi]

I don't think that the global crisis will have a positive impact on crypto values, but it will be the opposite.
The value of cryptocurrencies will plunge uncontrollably, because almost every price of staple goods will definitely be expensive, only some people will invest in crypto and I personally don't expect that to happen.

[maculeth]

maybe soon to remember the trade war between America and China which both increased the import costs for each. this situation has a negative impact on other countries such as France, Russia and others. if this continues, the affected countries that are affected can experience a crisis, but that will not affect crypto. and crypto can be an alternative to the country's currency and will become increasingly solid.

[TheClownSong]

I think right now in several country already happen economic crisis. Most currency fall the value againts dollar and goods price already increasing. Hopely it will pass away because if economic crisis happen, many people will suffering and poor people increase

[gokudera]

I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.

How long do you guys think we have until we face the next crisis?

I think the we will encounter this dilemma again far sooner as the currency keeps higher and the fatal increasing of values in the market. Banks can keep those money but not securely as what is to the past years. It is much evident and successful to invest money through bitcoin because the chance of being encrypted is not that higher or lets say in  other words  it more safely to have bitcoins that trusting a bank

[ethereumhunter]

I think right now in several country already happen economic crisis. Most currency fall the value againts dollar and goods price already increasing. Hopely it will pass away because if economic crisis happen, many people will suffering and poor people increase

Yes, we can watch on the television, and we see that some of the countries have the demo to their government and this can attract the other country to get the same problem. Soon, I think this will affect the big country too as they cannot survive in the global financial crisis if they don't have strong support from the other big country. I cannot imagine what will happen in 2019 as if this continues, then more people will suffer. But let's hope that in 2019, the situation will be better than today.

[sevenjoy]

The next crisis? I think the country that I live will face a new crisis, where the price of the US Dollar is skyrocketing, and according to information that it is also the result of world financial turmoil and impact on developing countries. And the government is currently working to restore this situation, with various solutions, although not yet seen significantly

Developing countries always face financial crises. The will never overcome their financial problems. i have seen world financial crises seldom, but it is a fact that when one country faces financial problems his neighbors also in hard times. Imports and exports of a country affected. In the near future I heard that Dubai will face great financial crises and expo 2020 will not help them at all.

[skeedslayer28]

About the Global financial crisis, It is very difficult to say what will trigger it [the next crisis] but we are at the latter end of the economic cycle where people take greater risks. There are problems in emerging markets so for me the global financial crisis will be the greatest task for every human being

[patarfweefwee]

I think we're just getting hit by crisis left and right. Without recovering from obe crisis we will be hit by another and another and another until we eventually collapse under the weight and realize that the people who are in control of the economy are the only ones who are thriving in this kind of environment.

[hannahboy]

  It will be a recession but not a financial crisis. There has to be an underlying market risk to the entire system (ex the US housing market.) All expansion and recessions are cyclical. Looks more like 2020 though

If we see the overall conditions of a country it is going better and better because with the passage of time the purchasing power of the people increased and they are now living comfortable life compare to that of 20 years ago. The world is now going towards digital currency and the globe village will become global market. In my country corrupt politicians creates temporary financial crisis for political scoring.

[prtty2gal2]

  It will be a recession but not a financial crisis. There has to be an underlying market risk to the entire system (ex the US housing market.) All expansion and recessions are cyclical. Looks more like 2020 though

This particular financial crisis is connected to the declining prices of the assets that may possibly result in the inability of the people and countries to pay back the debt plus the expansion of the financial market and system. Pumping capital is not so easy for the investors and many of them prefer to stay aside and rather wait until the market gets stabilized.

It can be connected to the financial crisis that hovered over the market back in 2013 but that time the demand for the coins was way too down and so were the prices. Right now, both these factors are high so we might not need to wait longer to get back in the boom.

[maligu]

This is expected to be correct, but I don't think the financial crisis has stopped. At least for the poor, they have never stopped. I think 2019 may be very dangerous.

[altercreed]

Nobody really knows when a global crisis is going to strike. It seems like it's a ticking bomb that's about to explode anytime and if that's ever going to happen, cryptoeconomics can be one of the affected areas in investment because people might become less to take the risk if their financial status are already affected by crisis.

[futile-resistance]

I think right now in several country already happen economic crisis. Most currency fall the value againts dollar and goods price already increasing. Hopely it will pass away because if economic crisis happen, many people will suffering and poor people increase

Actually what happens in the market is normally the result of the policies implemented by the heads of the countries. If we talk about the financial crisis that is predicted by the economists, it is the result of the policies made by the American elect Donald Trump for saving the American job thereby implementing huge tariff over the China's and Turkey's import of the commodities.

This inured huge loss to both these counties and they formulate an counter strategy to do the same so in one way or the other, the financial market is sinking for many countries.

[Mytoken]

The global financial crisis is normal. The current economic system is not perfect. The economic cycle is more obvious, but time may be faster than we think. It may appear in 2019.