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Author Topic: Global financial crisis  (Read 1231 times)
Caelanpelley
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November 01, 2018, 11:04:42 PM
 #161

The global financial crisis will affect the economy of each country, which will affect the development of bitcoin. Bitcoin prices will fall sharply in the electronic money market. Bigger investors invest in bitcoins than before. Because they are not sure bitcoin will survive sustainably.
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November 02, 2018, 03:12:35 PM
 #162

I think that there is no crisis and its never exist. This is a specially created situation for people to make them panic and to start selling stocks or coins or buying everything in large quantities. I am sure that this is a kind of market engine.

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November 13, 2018, 11:46:03 PM
Last edit: November 22, 2018, 05:43:20 PM by andrei56
 #163

I think that there is no crisis and its never exist. This is a specially created situation for people to make them panic and to start selling stocks or coins or buying everything in large quantities. I am sure that this is a kind of market engine.
I disagree crisis are real, it is true that from time to time some powerful people try to manipulate the market, but even if they are so powerful they lose control of the economy and they need the help of the governments to try to stabilize things, that is why you need to be prepared just in case that happens again but unfortunately many people never listen and they suffer the consequences of that mistake.
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November 14, 2018, 12:06:27 AM
 #164

reposition industry
I'm not familiar with that term--what's the "reposition industry"?

Anyway, 2008 doesn't seem like that long ago to me, which was when the banks were starting to feel the pain of all those lousy mortgage securities they were investing in (with huge amounts of leverage, I might add).  After Lehman Bros. and Bear Stearns failed, along with a bunch of banks, the US government started putting restrictions on how banks conduct business, including how much reserve capital they have to have on hand such that they won't become insolvent should another crisis happen.  Bank of America has been wanting to increase its dividend for a few years now, but the government won't let them.  That's something I've never seen happen.

I do feel a vibe that something's going to go down, that a crisis is going to hit, but I'm not exactly an economist and any opinion I give isn't exactly going to be a well-informed one.  I'm hoping it's too early for another global meltdown to happen, since we're basically just recovering from the last one.  Hell, it wasn't too long after 2012 that unemployment numbers started dropping.

I think that there is no crisis and its never exist. This is a specially created situation for people to make them panic and to start selling stocks or coins or buying everything in large quantities.
Eh, no.  People and institutions with a lot of money and power have been known to fuck things up royally with wide-stretching and long-lasting effects, especially on people who can least afford to lose money, e.g., people who are relying on retirement funds to support themselves.

The global financial crisis will affect the economy of each country, which will affect the development of bitcoin. Bitcoin prices will fall sharply in the electronic money market. Bigger investors invest in bitcoins than before. Because they are not sure bitcoin will survive sustainably.
Excellent shitpost.  Hope you made a good chunk of change for that one.

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December 04, 2018, 04:12:42 AM
 #165

No one can predict the timing of the financial crisis, but know that Bitcoin was born in the financial crisis. When the finance reappears, the cryptocurrency will take off again. The cryptocurrency will be the best safe haven in the world, but it is still growing and is currently unable to compete with gold.
The current financial crisis is triggered by a trade war between China and America, where the impact affects world trade. Countries whose financial fundamentals are not strong, the impact is immediately felt. Then there are some countries that implement bitcoin as a currency to withstand very high inflation in the country.
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December 04, 2018, 05:00:50 AM
 #166

It is normal to experience global financial crisis but it is not normal if the financial crisis will last in a long time. Right now, most of the economy of different country are crashing because of the crisis.

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December 04, 2018, 05:16:03 AM
 #167

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'm not sure if we face a crisis, then bitcoin becomes a safe place to save money, gold is indeed used a public peoples as a place to save money to avoid a decline in value due to inflation. how do we predict when the global financial crisis will occur? I just found out this.

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