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Author Topic: Economic crash in 2019!  (Read 1963 times)
qumeijia
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October 26, 2018, 04:04:10 PM
 #81

It will probably be happening because there are many people saying the same as it. It definitely based on the situation and indication where are happening now. It was actually began since several months ago, since Trade War between U.S and Chine. It has much impacts to the world economic stability. There are many polemics and problems raise caused of this Trade War. This prediction of economic crash will reach the peak in 2019 probably.
Fies7aa (OP)
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October 26, 2018, 04:33:29 PM
 #82

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 disagree with that. The economics has going down the past year no doubt, just look at the charts they don't lie. And even here in the Netherlands over 3+ hospitals when bankruptcy. HOSPITALS why? Because of greed hospitals are owned by private entities and now are suffering the damage. Its just a matter of time. And I would not be surprised if the government starts blaming us AGAIN and WE THE PEOPLE have to pay the damage.
It happens every time again and again.
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October 26, 2018, 04:37:15 PM
 #83

an economic crash is possible , but if the famous economists cannot predict with a certainty, due to the ever changing conditions
think your "guru" is not going to either
there are several interesting theories  about economic crashes that proved to be working, one of them is Kondratieff waves or cycles
for those who want to read about Kondratieff cycles here is the brief : https://www.investopedia.com/terms/k/kondratieff-wave.asp
or: https://en.wikipedia.org/wiki/Kondratiev_wave

I think there will not only be a potentially devastating economic crash, compared to which the 2008 one will pale
but there is a huge probability of a war, it is in the air, just listen to the rhetoric and the accusations

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Fies7aa (OP)
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October 26, 2018, 04:51:34 PM
 #84

an economic crash is possible , but if the famous economists cannot predict with a certainty, due to the ever changing conditions
think your "guru" is not going to either
there are several interesting theories  about economic crashes that proved to be working, one of them is Kondratieff waves or cycles
for those who want to read about Kondratieff cycles here is the brief : https://www.investopedia.com/terms/k/kondratieff-wave.asp
or: https://en.wikipedia.org/wiki/Kondratiev_wave

I think there will not only be a potentially devastating economic crash, compared to which the 2008 one will pale
but there is a huge probability of a war, it is in the air, just listen to the rhetoric and the accusations


No one knows when, but to me it seems its happening if not already is happening. I hope we don't end up in war if a crisis occurs.

https://bitcointalk.org/index.php?topic=5057898.0
iASIC
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October 26, 2018, 04:53:44 PM
 #85

This is really a heavy downturn. Although it does not affect the food or break many rules, it really affects many investors. I have had quite a bit of success in investing in Bitcoin from January to March but at the moment, the market has taken away all of the profits I have. I am really worried about the future of the Crypto market.
wxa7115
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October 26, 2018, 08:42:14 PM
 #86

Anyone that is putting attention to the markets and makes an effort to stay informed knows the markets are in trouble and we will eventually face a new economic crisis that will be way bigger than the last one since the reasons that caused the previous crisis were not eliminated and if anything are an even greater risk right now, however no one can predict accurately when that is going to happen, the crisis could start today or it could take a few decades.

But that is irrelevant what you need to do is to try to be ready in case that happens and having some bitcoin in your wallet is not a bad first step, but if things get as bad as some are predicting then it could be a good idea to have some basic supplies in store as well.
Reid
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October 26, 2018, 09:20:41 PM
 #87

Then they will be hurt so bad.
I will stay with bitcoin no matter what. I am seeing this world changing the way transactions will be and bitcoin is part of that.

I am more afraid of the what if there will be no more internet which is impossible. It is just starting and so is the crypto world. We should always remind ourselves about that.
darkangel020716
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October 26, 2018, 11:51:01 PM
 #88

Anyone that is putting attention to the markets and makes an effort to stay informed knows the markets are in trouble and we will eventually face a new economic crisis that will be way bigger than the last one since the reasons that caused the previous crisis were not eliminated and if anything are an even greater risk right now, however no one can predict accurately when that is going to happen, the crisis could start today or it could take a few decades.

But that is irrelevant what you need to do is to try to be ready in case that happens and having some bitcoin in your wallet is not a bad first step, but if things get as bad as some are predicting then it could be a good idea to have some basic supplies in store as well.

Storing some funds before this year end is the best thing to do if the economical crash will happen next year, preparation is the good decision and to avoid your sudden loss of funds, we must know how and when will be the next bearish and bullish state in our economic, Be cautious of the Global market.
Lexurdania
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October 27, 2018, 01:20:01 AM
 #89

Current global economic condition indicate that economic crisis will happen and maybe in 2019. With interest rate always increase, it will increasing bad debt. I think if that happen, cryptocurrency can be new investment alternative and hopely increasing in 2019

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domarakooth
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October 27, 2018, 10:44:10 AM
 #90

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.


Don’t believe on them. This is just Fud. Same thing like people used to say world will end in 2000, 2010 etc.  You can say anything about future as no one can prove it wrong.
cryptocurrencyguru
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October 27, 2018, 02:29:58 PM
 #91

if economic crash happen then cryptocurrencies will definitely have great future and more billions of dollars come into market inflow many new investors realise the true potential of less inflation cryptocurrencies
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October 27, 2018, 03:16:13 PM
 #92

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.

Laughing out loud at this. Seriously, nobody can predict what is going to happen in the future not unless they have a crystal ball that can forsee what is beyond today.

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October 27, 2018, 03:22:05 PM
 #93

The foolish predictions are laughable. There is no reason for a economic crash in 2019 but USA is going through a rough patch in the stock sector.
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October 27, 2018, 03:22:21 PM
 #94

This kind of speculation is always being made by many experts and till now no situation is suggesting such kind of crash. It is advised not to listen to such absurd predictions.
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October 27, 2018, 03:22:40 PM
 #95

Economic crash in 2019 is a prediction among the economists and experts but nothing seems to happen this far that projects that idea. It is also to make sure that people do not invest their money into cryptocurrecncies with the fear that their money will be gone. But he real reason is the FIAT money sector is too afraid of the fact that banks and investment corporation wont get much from it. Lets see what actually is written for us.
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October 27, 2018, 03:23:15 PM
 #96

How can you be so sure that there will be a crash? Don't you think the government will take proper initiatives to prevent that? A lot of people said that crypto would be dead but still it's going pretty great.
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October 27, 2018, 03:38:52 PM
 #97

If you are living in Yemen, Zimbabwe, Venezuela or other similarly unstable country, it's better to buy USD, EUR or BTC with all your local money and if crash happens you'll be more or less okay. But if a global economic crash happens, no one will be okay whatever they do to prevent the bad consequences. The thing is that if purchasing capacity of fiat money falls significantly then even if Bitcoin rises in price you can still buy less goods/services with the money than before, and no one needs that. Fortunately, like some posters above pointed out, we've been hearing similar news for almost 10 years already, so hopefully nothing bad will happen this time too.

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October 27, 2018, 03:46:44 PM
 #98

I do not think everything is good. I think this recession will last and we are the ones who are most affected. The stock market has proven to us that. Technology companies are having a big problem and we are pretty much affected. I just hope our crypto market will remain stable.
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October 27, 2018, 04:06:04 PM
 #99

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.

EDIT:

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.

EDIT:



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


This is the prediction of 2019 the economic crash.But l still believe that there are some bounties that will give us payment to provide our daily needs.lts too hard to expect but there's a hope in every positive expectations to have a big miracle and mercy from God.
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October 27, 2018, 04:14:26 PM
 #100

First of all, I do not believe that an economical crash is imminent in 2019. I think that the countries with powerful armed forces will compete with each other in order to protect their own markets by imposing import taxes on certain goods and raw materials. Such a policy probably can lead to insignificant negative economical results on a global scale, but this will not affect all countries.


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.

People says that Bitcoin can be a "safe haven" for money in these times. I tend to agree with this.
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