WORLD CRISIS IN 2018

[Rhosadah]

many countries economic growth has deteriorated in 2018 which caused many factors,
this is a concern of the world public.
as well as cryprocurrency, their system is highly recommended in a transparent data processing, but many actors use it as a guise of fraud to reap investor funds which is a serious concern in the crypto world, because one of the causes of price declinemarked by negative issues from several countries, as well as the play of several crypto giant whales.

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[maydna]

I don't think many countries are on the crisis in 2018 because I don't see any news about that or perhaps, I missed that news. Probably if the crisis is happening in half of the countries in the world, it will give impact to bitcoin, and I think it might push the bitcoin price to the higher rate because people want to search a new currency that can save them from the crisis. Bitcoin price will get affected if there is positive news or negative news that will make people worry and panic and people will make something with their bitcoin. But lets we wait for this, and we will see what will happen if the crisis comes to the country.

[patarfweefwee]

I don't know, i mean the OP didn't cite much source for the information the OP provided in the post. I think rhis is jist based on an observation made after hearing stuff from the news. I would say that if we are indeed facing an economic crisis then i think we are overreacting, but then again no one coyld deny how red the market is.

[squog]

By 2018 the world economy is falling, there is currently chaos in the economy around the world. there are even some countries declared bankrupt by the world this year. a country that is able to survive in conditions like now only countries that have a large gold stock. China and America are currently collecting gold from all over the world. the goal is to maintain their existence and also to survive the coming crisis. I want to know whether cryptocurrency, especially bitcoin, will be affected by the current crisis? I want to hear from the seniors here.

I'd like to hear more about your sources first. Which country is going bankrupt. What is your source for the US getting gold.

How is gold going to help during a debt crisis?


Anyway, my belief, and the belief of many libertarians (which are over-represented in the bitcoin community) is that if the dollar collapsed, people would escape into bitcoin thus pushing the price up.


People have been predicting the fall of the dollar forever, but it hasn't happened yet so don't delude yourself that it will certainly happen in 2018, or any other year without some serious understanding of the current economy.

True, it would've helped the discussion to be clear by citing sources but nonetheless I'd say my piece. I think the main reason we are having this crisis is that we nations all over the world don't havr as strong a diplomatic agreement as there was before. China has been grabbing lands, the US is alienating their allies, Russia is as hostile as ever, the Brits are confused if they want in or out.

[zacad]

There will be no world crisis in 2018. There are only local crisis, such as the French Revolution. Mark Long agreed with Trump's sanctions against Iran. The ban on importing crude oil from Iran caused the domestic oil price to soar 25%. It is necessary to know that France is a socialist country. Such behavior will definitely lead to a revolution.

[guoyu78]

I think cryptocurrencies, especially Bitcoin, don't affect the global crisis. It is precisely people who store bitcoin as alternative money for reserves when the global crisis occurs. Despite the fact that many countries and governments declare war on crypto, their efforts to remove crypto circulation will not be achieved. Because there are still many people who still believe in bitcoin.

Cryptocurrencies are going to benefit tremendously if there is a global crisis, and this is because the next crisis is probably going to be related to fiat money and so people are going to be looking for a good form of money, some are going to buy gold and even silver but the ones that benefit the most out of the crisis are going to be those that hold bitcoin, people are going to see that and we will see a huge bubble forming.

Of course! You know what actually gave birth to blockchain technology and cryptocurrency was as a result of the then global economic meltdown which we all know is basically caused by the government worldwide and their bullshit policies most of the time. In that case, the idea of not having a third party but a P2P way of transacting with a deflationary set up, it just basically makes the idea pop up and became a reality with bitcoin.

In that case, I believe that for anything of such to happen over again, probably that is when we will get to see a huge boom with cryptocurrency with money flowing in to be able to store value, which would basically be a good thing for early holders anyway.

[nebuch]

If it is real that there are world crisis in 2018 then I suppose to say it is not just 2018 rather even in the past the world are facing crisis which is slowly becoming serious damage. The crisis happens due to selfishness of the people that some results to very disappointing corruption of countries leaders.

[Andrea9000]

I constantly hear about the crisis in 2018-2019 that the dollar is depreciating, but I think if there is still any kind of conspiracy against humanity, then these people have basically dollars, and not some other currency. Bitcoin will not become a reserve currency, we can see it by capitalization.

[maligu]

Abandoning this idea, everyone in the event will realize that it will not happen. The job of politicians is to prevent the emergence of financial crises. Therefore, the global financial crisis is usually born at a sudden moment. He won't let people predict.

[Golftech]

If it is real that there are world crisis in 2018 then I suppose to say it is not just 2018 rather even in the past the world are facing crisis which is slowly becoming serious damage. The crisis happens due to selfishness of the people that some results to very disappointing corruption of countries leaders.

adding greediness of those influential people around the society are adding the reason for this global crisis, we do have lots of people around each countries are suffering out from poverty, it is not alone in this year but from the past as well and it will continue because of government high power
people who only cares about their own benefits and not the conditions of their country.

[Ritrees]

When the next crisis hits, see what happened in the past when banks close their doors for the bankruns...

Also , in the EU, the middleclass is getting robbed more and more by governments.  Crypto is one of the best alternatives against this. So no, I don't think crypto prices will crash in the next crisis.

[Buttermellow]

World crisis is already happening and that does not mean cryptocurrency is excluded. The most affected areas of crisis are usually the third world countries or the poor countries like us. We work hard but earn less and being used and used sometimes by other nationals in our very pwn country. So, in cryptocurrency it will look also the same. Rich people became richer and poor people will gone suffer with the cryptocurrency crisis in the year 2018.

[PlusOne88]

I believe that it did affect bitcoin since the bitcoin market is connected to the real world. It is money that is used to buy bitcoin and money has something to do with economy that is why the government would control it, otherwise the country may experience loses or will have unfavorable economy as a result. The prices of bitcoin may or may not actually go down immediately depending on how wide is the effect to the worlds economy in general.

[Febo]

World crisis is already happening and that does not mean cryptocurrency is excluded. The most affected areas of crisis are usually the third world countries or the poor countries like us. We work hard but earn less and being used and used sometimes by other nationals in our very pwn country. So, in cryptocurrency it will look also the same. Rich people became richer and poor people will gone suffer with the cryptocurrency crisis in the year 2018.

Where is economic crisis?  On Mars?  There is no economic crisis on Earth. Economic crisis happen when GDP decreases for at least two quarters of a year in a roll. It is impossible to happen  next month. So it will not happen in 2018. I give tiny chance that will happen in 2019. It is possible but low chance. For 2020 there is way bigger chance. And if that happens it will cut Bitcoins bull market. No one really know how will that influence on Bitcoins bull market that will going on at that point. Simply because there was no economic crisis in time of Bitcoins existence.

[kiloiko]

World crisis in 2018, I dont see that happening, where is the source of your write up, or it is just a mere speculation, if it is, when economic crisis happen, it will have a negative impact on cryptocurrency, because many investors will want to convert there token to fiat in other to survive, with this CRYPTO will be affected.

I am sure he does not have any write up, he probably just read up some old predictions by some old cargoes that saw a looming crisis in this year and he also decided to key into it. Even if there would be a world crisis, no one knows when it will happen because for some reasons put together all at once, it just starts gradually until you see it reaching its peak. It has happened before, with some bad policies, trade wars and whatsoever, it can happen again, but no one can tell when it will. Nonetheless, if there ends up being one, I guess that would really help mean a whole lot for the crypto space.

[Siren]

By 2018 the world economy is falling, there is currently chaos in the economy around the world. there are even some countries declared bankrupt by the world this year. a country that is able to survive in conditions like now only countries that have a large gold stock. China and America are currently collecting gold from all over the world. the goal is to maintain their existence and also to survive the coming crisis. I want to know whether cryptocurrency, especially bitcoin, will be affected by the current crisis? I want to hear from the seniors here.

I'd like to hear more about your sources first. Which country is going bankrupt. What is your source for the US getting gold.

How is gold going to help during a debt crisis?


Anyway, my belief, and the belief of many libertarians (which are over-represented in the bitcoin community) is that if the dollar collapsed, people would escape into bitcoin thus pushing the price up.


People have been predicting the fall of the dollar forever, but it hasn't happened yet so don't delude yourself that it will certainly happen in 2018, or any other year without some serious understanding of the current economy.

Absolutely right,OP must give some example of what countries are in  bankruptcy now as what you stated,because if you cannot provide some sources or proof,this will be considered as hearsay and untrustworthy
Yes we havd financial problem by now,and the world economy are shaking by this but it doesn’t mean that we will become bankrupt,

Looking at the effect on the market is seemingly true,since we have massive attacks for declining these days

[Savemore]

By 2018 the world economy is falling, there is currently chaos in the economy around the world. there are even some countries declared bankrupt by the world this year. a country that is able to survive in conditions like now only countries that have a large gold stock. China and America are currently collecting gold from all over the world. the goal is to maintain their existence and also to survive the coming crisis. I want to know whether cryptocurrency, especially bitcoin, will be affected by the current crisis? I want to hear from the seniors here.

Cryptocurrency market is not just the market that crashed in this current year because even the stock market experiencing dumps. I agree to you that there is a crisis that happening in our economy.

[KorakPawon]

it is true that the world is currently experiencing a crisis and that has happened to Venezuela, and it is possible that Crypto could also be affected.

Its true that Venezuela fell because of hyperinflation that happen to day-by-day live and this has resulted in many Venezuelans struggling to afford basic items such as food and toiletries. Whereas, Venezuelans increasingly started using electronic transfers for even the smallest transactions. Knowing this fact, I think bitcoin will be the alternative for them to do the transaction, it won't be affected negatively I guess.

[yulchatar]

I recently read the opinions of some analysts regarding the global crisis. They write that the crisis will come, most likely, in 2020, and not in 2019, as mentioned earlier. One of the reasons is called trade disputes between the United States and China. The situation in the stock market is also one of the reasons. Well, will wait and see how it will affect cryptocurrencies and cryptocurrency market.

[bummm]

I think that the global crisis will not affect crypto and with the help of cryptocurrency people will provide for their families during a crisis. So I see only positive!