Economic crash in 2019!

[Fies7aa]

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?

Resources are getting more scarce everyday it would get more expensive in the future to run the blockchain no doubt, but then the bitcoin will get more value aswell. More and more people are using sun panels to run the BC to reduce the cost of running it. Also there will be more advanced technology like fusion power and algae energy so that would be less of a problem, but resource like sand will get super expensive. If I had to choose whos country will the least hit from the crash if it happens; russia and japan. Japan has a lot of resource in the ocean to create lcd for phones and computer monitors ( forgot what resource its called )

WaTer will be a big deal in the future.

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[Sarastiche]

Economic crash is a norm, but your submission is not base on any statistical data, no need to panic, but better to play safe as an investor, I ensure I spread my investment  portfolio beyond cryptocurrency, You must realise that during recession some sector are always still bouyant and  lively, Real esatate/property development is a sector to watch out for.

[Fies7aa]

Economic crash is a norm, but your submission is not base on any statistical data, no need to panic, but better to play safe as an investor, I ensure I spread my investment  portfolio beyond cryptocurrency, You must realise that during recession some sector are always still bouyant and  lively, Real esatate/property development is a sector to watch out for.

I agree, but isnt the real estate/property sector one of the biggest? Properties rise but paychecks does not, what happens if you’re not able to pay the mortgage because the place where you work went bankrupt? Now multiply that with a nation.

Theres a banker I  know personally (has nothing to do with prediction just to make it clear) she told me that it went very great at the bank she works (ING dutch bank) lots of mortgages where handled out. This was 7 months ago...

More mortgages = more chance to not able to pay it off due loss of work or some other reason.

To me its a ticking time bomb with no timer on it, its just sits and wait till shit hits the fan. The onnly thing we as investors can do is have some kind of backup plan ready for this kind of doomsday.

May happen in 2019, it may happen in 5 years.

[Harrisonimo]

The economic fall is and should be relative/ comparison so as to really ascertain the level of damage it might cause. The cryptocurrency markets have gone down severally but this season's bouncing back is a major and historical one all and sundry will be waiting for.

[creeps]

Im getting too anxious with all this prediction, i think the aim is too create chaos upon  weak investors
But its all just fake news ,but im giving credit to the manipulators coz i think they are doing it great 

They will do everything to spread news like this. Economic crisis can happen, but who knows when it will happen? This is just a matter of time. I’m confident that investors are more educated now after reading so many predictions like this.

We should still prepare for the possibilities of an economic crisis, we should set limits in our investment and know how to take profit. It is still good to have some kind of limitations and strategies, let’s win more in our investments.

[Kakmakr]

You know, I am not one of those Doomsday Preppers that are stocking up on food to prepare for a global financial collapse, but I am also open to the idea that the financial system is being supported by massive amounts of debt and in most cases also highly inflated stock markets and at one stage this will backfire on governments.

The taxpayers had to fork out Billions to save the Banking industry and nobody seemed to learn anything from that, so it is just logical that a bigger problem is brewing somewhere in the world and this will cause a tsunami wave of trouble in the future. 

[GregH37]

If that happens our debt has more than doubled in one year from where it was back then. When you are in that much debt if you owe money to someone or some entity and when they want to collect, what do you do when you are already underwater? You implode. Listen folks, this doesn't take a rocket scientist. This country is going to see a collapse like they haven't seen since the Great Depression. If you look at the cost of living with the salaries that people are not making to equate to it, unemployment is higher than our government is saying.

Well, your debts will more than double if you do not take control of your own funds in this case. I remember it was the financial crisis that happened in the past that led to the development of blockchain technology as well as bitcoin and that typically shows that there is an option for everyone to store value without being controlled by the government or being affected by any economic crash that ends up happening.

I feel we are beginning to see some of it glaringly happening now and that would really be crazy as a lot of countries will really find it hard to get out from. Good thing we are here now.

[TheUltraElite]

The economic fall is and should be relative/ comparison so as to really ascertain the level of damage it might cause. The cryptocurrency markets have gone down severally but this season's bouncing back is a major and historical one all and sundry will be waiting for.

So does anybody care? The price of coins is what they care about only. Its the same in stock market and commodity markets. If you are panicing then this is the test that the traders are going through. You are no alone in this.

The question lies in the fundmentals of crypto. If you are someone who is holding crypto and thinking what to do with it then your basics or fundamentals of crypto is weak. You should go through Satoshi's whitepaper and see how the vision was made. Still if you dont believe in crypto then its your choice to hodl or sell.

But remember that back 4-5 years, bitcoin price was low compared to the 1000$ price and it remained low for these years till it mooned. Now you can take your chances as you wish.

[Twentyonepaylots]

There's no guarantee that Bitcoin will be unaffected or will benefit from a global financial crisis. Bitcoin is still too volatile to be considered a safe haven, so just because it's not tied to traditional markets it doesn't mean that it is safe. There might be even some mechanisms that can make it drop during a crisis, so no one should bet on Bitcoin with all their savings.

   The above topic is a bit negative Speculation for 2019, Market is Volatile, it is unpredictable, price value movement is dependent on the volume of investment out in by the consumer's investors on the specific coin as posted in the market. Crypto currency market is not free from possible market crash as speculative for 2019, yet, if and when we never know on what to become on the market.

[marcelocoin]

I do not believe that this economic collapse is so early, it can take much longer, there are some very interesting projects that give you some kind of income like DECRED, where I'm following your project from the beginning, I believe there are ways to pass by an economic collapse!

[Harvey-Connan]

There are many same prediction like that. I ' not sure that it will come true or not. For example , there are many prediction that the world will go to an end , But We're still living . Therefore, I don't care much about that : even they come true or not, the number of people investing on bitcoin significantly increase

[StarofBTC]

So lets get this straight, you think the economy will crash in 2019 and you assume it will be because of some sort of natural disaster, and your reasoning is because natural disasters can't be "foreseen" ?

So, if they are unpredictable and can't be foreseen beforehand, how do you think there will be one in 2019 that has a global consequence ?

You are basically telling people something is can't be known beforehand and that is why you know it will happen, that makes no sense at all and honestly takes out all your credit and makes all of what you said seriously ill judged.

I think the crash already happened with american stocks and all crypto world. 2019 will be much better year than every other year, the american 2020 voting will probably start soon and president candidates will start to go around asking for votes and I think that would create another "lets wait and see" in the world which will make the market not collapse for another while.

[gilangIDR]

There's no guarantee that Bitcoin will be unaffected or will benefit from a global financial crisis. Bitcoin is still too volatile to be considered a safe haven, so just because it's not tied to traditional markets it doesn't mean that it is safe. There might be even some mechanisms that can make it drop during a crisis, so no one should bet on Bitcoin with all their savings.

   The above topic is a bit negative Speculation for 2019, Market is Volatile, it is unpredictable, price value movement is dependent on the volume of investment out in by the consumer's investors on the specific coin as posted in the market. Crypto currency market is not free from possible market crash as speculative for 2019, yet, if and when we never know on what to become on the market.

Yes, the market does have fluctuations and there will always be changes every time. Market crypto can never be predicted because changes can occur at any time. We only need to follow the flow and try to continue to increase transactions with crypto, because with that in mind the crypto market will get positive sentiment and it will be very good for crypto's future, especially in 2019.

[Fies7aa]

"Everything is fine, there is nothing to worry about"

[BlockStamp]

Looking at the discussion, I think we should define what the collapse actually is. Market goes up and down, so there is no wonder it's going to change (and it's the high time actually, given the trend). This is the whole point of it. Personally, I don't believe in such long term predictions though - we've been told for months that a downward trend is coming.
Another thing is that crypto doesn't have to follow. I agree with those who decide to hold onto the investments until the the next bull market.

[Fies7aa]

Looking at the discussion, I think we should define what the collapse actually is. Market goes up and down, so there is no wonder it's going to change (and it's the high time actually, given the trend). This is the whole point of it. Personally, I don't believe in such long term predictions though - we've been told for months that a downward trend is coming.
Another thing is that crypto doesn't have to follow. I agree with those who decide to hold onto the investments until the the next bull market.

By the time all stocks go up again, we the taxpayers paid for it, is my upmost worries. Because our government just bails out the banks with our hard earned money.

[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?

Resources are getting more scarce everyday it would get more expensive in the future to run the blockchain no doubt, but then the bitcoin will get more value aswell. More and more people are using sun panels to run the BC to reduce the cost of running it. Also there will be more advanced technology like fusion power and algae energy so that would be less of a problem, but resource like sand will get super expensive. If I had to choose whos country will the least hit from the crash if it happens; russia and japan. Japan has a lot of resource in the ocean to create lcd for phones and computer monitors ( forgot what resource its called )

WaTer will be a big deal in the future.

In deed it is good to have alternative energy sources but for example the solar panels i don't agree with them because making them distrois the nature. Most of the mineral resources used in the hi tec h world are found in Africa and you can see how things evolve there. And regarding the sweet water in dees, it will be horrible at some point, i have the felling that this generation likes to comfortable, no effort in living and preserving for the future.

[Fies7aa]

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?

Resources are getting more scarce everyday it would get more expensive in the future to run the blockchain no doubt, but then the bitcoin will get more value aswell. More and more people are using sun panels to run the BC to reduce the cost of running it. Also there will be more advanced technology like fusion power and algae energy so that would be less of a problem, but resource like sand will get super expensive. If I had to choose whos country will the least hit from the crash if it happens; russia and japan. Japan has a lot of resource in the ocean to create lcd for phones and computer monitors ( forgot what resource its called )

WaTer will be a big deal in the future.

In deed it is good to have alternative energy sources but for example the solar panels i don't agree with them because making them distrois the nature. Most of the mineral resources used in the hi tec h world are found in Africa and you can see how things evolve there. And regarding the sweet water in dees, it will be horrible at some point, i have the felling that this generation likes to comfortable, no effort in living and preserving for the future.

For now solar panels are bad for nature I agree, but lets hope that in the future there will be cleaner methods of making them. About the water. Big company's like Nestle wants to make it a commodity...

[enhu]

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?

Resources are getting more scarce everyday it would get more expensive in the future to run the blockchain no doubt, but then the bitcoin will get more value aswell. More and more people are using sun panels to run the BC to reduce the cost of running it. Also there will be more advanced technology like fusion power and algae energy so that would be less of a problem, but resource like sand will get super expensive. If I had to choose whos country will the least hit from the crash if it happens; russia and japan. Japan has a lot of resource in the ocean to create lcd for phones and computer monitors ( forgot what resource its called )

WaTer will be a big deal in the future.

In deed it is good to have alternative energy sources but for example the solar panels i don't agree with them because making them distrois the nature. Most of the mineral resources used in the hi tec h world are found in Africa and you can see how things evolve there. And regarding the sweet water in dees, it will be horrible at some point, i have the felling that this generation likes to comfortable, no effort in living and preserving for the future.

For now solar panels are bad for nature I agree, but lets hope that in the future there will be cleaner methods of making them. About the water. Big company's like Nestle wants to make it a commodity...

Solar panels destroy nature?  Where are you guys from?

Solar panels just get energy from the sun, I don't think the energy of the sun will eventually lose because of these solar panels. Solar power is actually the real best thing if you want no noise compare to the windturbines which also get power from the breezes. These doesn't destroy nature.

[Fies7aa]

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?

Resources are getting more scarce everyday it would get more expensive in the future to run the blockchain no doubt, but then the bitcoin will get more value aswell. More and more people are using sun panels to run the BC to reduce the cost of running it. Also there will be more advanced technology like fusion power and algae energy so that would be less of a problem, but resource like sand will get super expensive. If I had to choose whos country will the least hit from the crash if it happens; russia and japan. Japan has a lot of resource in the ocean to create lcd for phones and computer monitors ( forgot what resource its called )

WaTer will be a big deal in the future.

In deed it is good to have alternative energy sources but for example the solar panels i don't agree with them because making them distrois the nature. Most of the mineral resources used in the hi tec h world are found in Africa and you can see how things evolve there. And regarding the sweet water in dees, it will be horrible at some point, i have the felling that this generation likes to comfortable, no effort in living and preserving for the future.

For now solar panels are bad for nature I agree, but lets hope that in the future there will be cleaner methods of making them. About the water. Big company's like Nestle wants to make it a commodity...

Solar panels destroy nature?  Where are you guys from?

Solar panels just get energy from the sun, I don't think the energy of the sun will eventually lose because of these solar panels. Solar power is actually the real best thing if you want no noise compare to the windturbines which also get power from the breezes. These doesn't destroy nature.

The process of making them.