Economic crash in 2019!

[bchain22]

As OP said, there are some indicators, like the housing market. The housing market was booming before 08 crash, the same thing is happening right now in many countries. That might be something to keep your eye on. Though every crash has their own face.

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[Bitcotalk]

Don’t worry much, my son (3 years old) father in law is a legendary investor (20 years or more from now) will predict that alien 👽 is gonna trade with us and invested on our planet 🌍. #Super

            

I’m tired 💤 of this Predictions in a thin air.

Lol. I am sure there is no one as tired as I am. What is the essence of the whole prediction when no one can actually tell what they future holds exactly. Moreover, this is not the first time; economic expert will be calling some bullshit predictions that never happen.

Someone just wakes up in the morning, assume something in their head, and then dream about it next day and come to the global space to say nonsense. For a very long time, there has always been this doomsday announcement, year in year out, and here we are. Moreover, global economic crisis? I laugh out hard.

[Fies7aa]

A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.

"Successful investor" you say, just in which industry? because as far as I know crypto is a whole different ball game and does not dwell on past experience,it's unpredictable! And just so you know such wild guesses are not the first and will not be the last either, we have seen and heard it all 

Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.

If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.

If ever we experience an economic meltdown, why risk investing in cryptos which are labeled highly volatile when people will be panicking to sell off stable assets...

In the real estate, He lives in the Netherlands but got houses in China, New York and Netherlands ofc. I know this guy this is not some online guru.

[trimulia]

maybe there is some truth about the vitalik buterin (inventor of ethereum) on his twitter, there will be an economic crisis between now and 2021

[Kasen Matthews]

Predictions like this has nothing to be worried about.  Economic fall is part of the system and happens every year in different country but not much as to be called a worldwide economic crash. This situation you are talking about, is highly unlikely.

[Jazmyn Salazar]

Though he is a successful investor, that doesn't mean all his prediction will come true. But the market crash might be a possibility, and if your believe the crypto will emerge and it is a plausibility too, you might try investing in it too, but there might be risk too. And the rest is upon your choice.

[Dontme]

A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.
Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.

If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.

Anyone any toughs? Also where are you going to put your BTC/cash into?



I mean just look at the house market here in the Netherlands. It skyrocketed so fast.

EDIT:



Lets take a look at the stock market from all over the world. This is a period of 52 weeks (1 year) as you can see almost all market exchanged went down some points. Except for a few e.g Russia. What russia has bin doing the last decade is buying 200 tonnes of gold every year. I'm not a economic guru, but I can safely say that this is not okay.

I dont believe it. I believe theres something good to be happen before 2020 I believe bullish will come again. This will be the time to buy more btc or if that will happen surely there will be good to be happen.

[Angie Vasquez]

No one knows what will happen and the effect of it in cryptocurrency so it's all about your decision out of your own self analyzation. An economic crash is eventually coming- that's how market cycles work.

[realcrypto]

Why will we be happy over here in the cryptoworld about global economic crash? is there any assurance that if there is economic crash that it will favour the cryptocurrency market? Leave speculation and prediction and invest when ever you feel like investing.

[Fies7aa]

Why will we be happy over here in the cryptoworld about global economic crash? is there any assurance that if there is economic crash that it will favour the cryptocurrency market? Leave speculation and prediction and invest when ever you feel like investing.

It might be my friend, IF again IF such crash would happen somewhere in the upcoming years, we should be careful with the Cryptomarket. As we know gold does really well in a crash because people look for safer investments than cash in the bank or cash itself. Now there are two scenarios that I have thought of BTC will go up a lot same as gold (people see it as a safe investment) or go down like all stocks/housing. Meaning there is a opportunity to buy BTC for cheap or make bank if BTC go to the moon. Now I'm not predicting that there will be a crash in 2019 but I'm almost certain it will happen the upcoming 5 years or so.

[setupbounds]

A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.
Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.

If and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.

Anyone any toughs? Also where are you going to put your BTC/cash into?

[im g]https://image.ibb.co/gc2KMV/housemarket.png[/img]

I mean just look at the house market here in the Netherlands. It skyrocketed so fast.

EDIT:

[im g]https://ibb.co/dSvwmV[/img]

Lets take a look at the stock market from all over the world. This is a period of 52 weeks (1 year) as you can see almost all market exchanged went down some points. Except for a few e.g Russia. What russia has bin doing the last decade is buying 200 tonnes of gold every year. I'm not a economic guru, but I can safely say that this is not okay.

Your dad's friend indeed. No one knows what will be happening in the next 1 second, let alone in the next 1.5 years, no matter how successful they are as an investor, and I wonder why people always love coming up with some crazy predictions, probably to say, I told you so, if it peradventure happens or simply say, some factors were put in place, that made it not to happen, right?

However things turn out, it is always a good thing to diversify so as to spread risks even if you are not anticipating a global crash which is something I do not believe will happen anyway.

[Reinz12]

I know the Dad you're talking about is Alex Jones on InfoWar LOL.

The good news is there are millions of people saying the same thing over the years. Still, the central banks have always had powerful machines to print more banknotes (sarcasm). ZeroHedge is the site where the economic crash propaganda is published daily.
We will always some economic troubles like with Greece or Venezuela, but a worldwide crash has a lot of less chance to happen.

I am not planning to change anything, money comes and go, and I apply the diversity rule

I don't even know that guy. He already sold some of his assets, still an interesting subject to me. What would the best bet be? I got some money left here and would like to know IF such scenario comes into place what is the best strat to go with?

Sorry, I commented, selling certain assets does not mean not buying other assets, and maybe you don't know, just like my father sold a land and bought a few houses. Here as an investor we must be able to choose the news and predict what investment is good for the next few years
Will the economy crash? I think each country has foreign exchange reserves to keep it from happening or not fatal, and not all countries accept cryptocurrency. The economic cause of a country being destroyed is corruption and failure to maintain the country's foreign exchange reserves

[Linkkoin]

According to the charts, every 6-9 years we have some sort of recession/crisis. Right now we are about to exceed this period. It could be actually beneficial for the crypto community - during the time of crisis, investors switch from stocks to "safe havens", like precious metals. And there is a high chance, the same fate can be shared with cryptocurrencies. Especially BTC, as many call it "digital gold"

[primer61]

As if it is the first crisis the world economy has faced. I wouldn't say the crash is unlikely, but the main point is how we manage through it - it will eventually end, as no crash is forever.
With all its negative part, this is still a time of opportunity. We are involved in Crypto, which is detached from the global economy to a certain degree - thus, we have the best position to survive crisis, if any actually occurs.

[Fies7aa]

Such kinds of prediction often comes up and unfotunately a lot of people believe in it. Though, these kinds of predictions have good logics, they tend to ignore some major factors, without which these prediction will never turn true. Besides, there are a lot of professional economic analyst out there who would have saw it and made sure that the government comes up witha solution.

You’re completely right, I however think the government do not really care, and if i look at some facts from Europe (where i’m from) We can see that thou house market went up, Italy is not doing so well as before, Greece is well you know Greece. Germany is making lots of money wich they diversify accross europe and are spending more than what they have. Everyone is buying buying buying. I still believe we have some economic/natrual difficulties.

[onrise]

maybe there is some truth about the vitalik buterin (inventor of ethereum) on his twitter, there will be an economic crisis between now and 2021

May be possible as their is a cycle which is said to rotate in every 8 years to 10 years. So we can have some slack period but need not to worry as world have seen before also the economic downturn during 2008 crisis and just be well prepared so that you are up for the challenge if it happens.

[Fies7aa]

As if it is the first crisis the world economy has faced. I wouldn't say the crash is unlikely, but the main point is how we manage through it - it will eventually end, as no crash is forever.
With all its negative part, this is still a time of opportunity. We are involved in Crypto, which is detached from the global economy to a certain degree - thus, we have the best position to survive crisis, if any actually occurs.

Best is to not put everying in one basket like the other people said, my prediction if something like a economic meltdown happens, BTC will go down mostlikely people are panicing and what as much as gold and fiat money. And it will be more expensive to run the blockchain. Maby a great opportunity to buy bitcoins.

If it hapens in the future I will sell the gold I have bought and buy btc when they are cheap.

I may be wrong and btc go to the moon, but my personal belief is that people see btc as a risky investment during a crash and would need time to recover from it.

I myself have put around 4k$ intto the stockmarket betting it would go down, im up 500$ profit as im writing this down.

[Danielle Lewis]

There will always be news circulating about the economy unstability that might happen in the future and this isn't the first time for it. It has happened over the years. Sites like ZeroHedge publish daily news about how the economy will crash that's just news propaganda. There will always be issues more or less in the economy but nothing so severe we can't recover from. You'll see in time the results first hand.

[Fies7aa]

There will always be news circulating about the economy unstability that might happen in the future and this isn't the first time for it. It has happened over the years. Sites like ZeroHedge publish daily news about how the economy will crash that's just news propaganda. There will always be issues more or less in the economy but nothing so severe we can't recover from. You'll see in time the results first hand.

I don’t really get my source from news articels, I do my own research and compare them to the 2008 crash and to me there are some similarities.

[usorin]

Considering a high volume of the niche industry i believe that is something that has to come, and economic crash is real and it could happen any time soon. I wonder how will this potential economic crash influence the crypto world. How expensive will be the electric bill for mining for example?