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Author Topic: Economic crash in 2019! RE.1  (Read 519 times)
Semosuchi Tesongrato
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November 04, 2018, 10:46:55 PM
 #41

When it comes to economics, there are many prophets of doom ready to provide their negative opinion by making catastrophic predictions.
It is probable that the world is moving towards a kind of reset: we are too many, and there are no resources for everyone, if everyone wants to reach Western standards of life.
The solution will be to recreate overall poverty.

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November 05, 2018, 11:21:57 AM
 #42

Having an economic crash is beyond everyone's control wherein government in each country should work for it to stabilize the economic condition in every country. If this happens, I think cryptocurrency will also be affected and this could result to a bearish market and could probably be experiencing to a much longer period. People should consider bearish market as a privilege to the crypto market and should take into consideration that this is the right time in buying more btc and altcoins. I believe that crypto currency will have it's time to shine again in the coming months.

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November 05, 2018, 12:06:18 PM
 #43

I don't think. You know about these economic cycles that repeat every 5 or more years. It rather will not be the collapse that is going to catch us in not that far future, it is just another bottom of the cycle. It's just fine. Don't worry guys.

Cryptocurrency people do not need to worry though. Bitcoin and other coins may have a connection but it is just a little connection to what is going on to cryptocurrency market and market manipulated by the government. So people do not nesd to worry, somewhat see this as an opportunity.

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November 08, 2018, 05:24:20 AM
 #44

I cannot imagine if the economic crash happens in 2019 and it gives the effect to all country. And if it's true, then we are facing the crash in globally, and I think people will become mad with their government and there will be a demo in all places. But this could happen since we know that many countries get inflation in their country and they still trying to solve this problem. And we need to save more money to prepare for the worst thing that might happen later.
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November 08, 2018, 05:46:17 AM
 #45

I don't think. You know about these economic cycles that repeat every 5 or more years. It rather will not be the collapse that is going to catch us in not that far future, it is just another bottom of the cycle. It's just fine. Don't worry guys.

Cryptocurrency people do not need to worry though. Bitcoin and other coins may have a connection but it is just a little connection to what is going on to cryptocurrency market and market manipulated by the government. So people do not nesd to worry, somewhat see this as an opportunity.

Economic downturn will definitely effect  everyone as money in the market gets wiped out in the process so people want to save more money during that time rather than investing in the market. So crypto would not be an exception to it and as it is highly volatile even this market can crash easily.

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November 08, 2018, 06:06:27 AM
 #46

I don't think. You know about these economic cycles that repeat every 5 or more years. It rather will not be the collapse that is going to catch us in not that far future, it is just another bottom of the cycle. It's just fine. Don't worry guys.

Cryptocurrency people do not need to worry though. Bitcoin and other coins may have a connection but it is just a little connection to what is going on to cryptocurrency market and market manipulated by the government. So people do not nesd to worry, somewhat see this as an opportunity.

Economic downturn will definitely effect  everyone as money in the market gets wiped out in the process so people want to save more money during that time rather than investing in the market. So crypto would not be an exception to it and as it is highly volatile even this market can crash easily.

when the economy is difficult, of course many people save money, few of them invest, let alone investments that have a high risk such as cryptocurrency. they certainly prefer investments that are at risk of lace

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November 08, 2018, 08:51:02 AM
 #47

Everything is connected to the physical economy. I believe this would always be the case. If there would be economic crisis I am certain that it will eventually create a problem with the digital environment. Yet on the other hand while bitcoin as a currency is not the actual money but rather a coin that is made as a payment system then it is possible that if people would still use it even if crisis happens, it could survive any crisis and will continue to go up even when everything is down because demands create its value.

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November 13, 2018, 04:58:42 AM
 #48

Having an economic crash is beyond everyone's control wherein government in each country should work for it to stabilize the economic condition in every country. If this happens, I think cryptocurrency will also be affected and this could result to a bearish market and could probably be experiencing to a much longer period. People should consider bearish market as a privilege to the crypto market and should take into consideration that this is the right time in buying more btc and altcoins. I believe that crypto currency will have it's time to shine again in the coming months.
That’s it. Simple and logical. We all are mostly complaining about the circumstances and economical problems that we are facing, but who believe this would end someday. No one, and that is right. No one can even remit these issues from life. A life is always junction of some ups and down. Neither governments can remove this nor the individuals, learn to deal with it.
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November 13, 2018, 05:22:53 AM
 #49

Having an economic crash is beyond everyone's control wherein government in each country should work for it to stabilize the economic condition in every country. If this happens, I think cryptocurrency will also be affected and this could result to a bearish market and could probably be experiencing to a much longer period. People should consider bearish market as a privilege to the crypto market and should take into consideration that this is the right time in buying more btc and altcoins. I believe that crypto currency will have it's time to shine again in the coming months.

But preparing for it is much better and levering your assets to crypto is one way to go. Believed me, I don't know if you have been when the global 2008-2009 financial crisis happened, but its one of the worst feeling to be in specially if you need to put food in the table for your families.

Of course, this is accumulation period  but there's no way you gonna short in this kind of trend. Making money is easy, but what's hard is having to a sustainable growth for you in the future. So its really better to think about the future not just your future by your family as well. So that when the economic goes from bad to worst, you have some leverage or a good buffer for a least 6 months to a year, just saying.

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November 13, 2018, 05:33:37 AM
 #50

To me one can jump into conclusion that economic would crash in the 2019 because the economic can be do funny at times when you are thinking of crashing that's when its would be pumping.
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November 13, 2018, 04:49:45 PM
 #51

Economic crash in 2019!
Its happening. Diversify your investments and make profits in the future. Where BTC will stand when this happens I do not know. Maby people see it as a safe investment and it will got up when shit hits the fan or visa versa. Only time can tell. But I suggest to do your own research and not to listen to the NEWS like many do.

When crysis hit whole crypto including Bitcoin will go drastically down. Way more then any stock. Latter Bitcoin and good altcoins will correct. Shitcoins will stay close to zero.

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November 13, 2018, 05:03:59 PM
 #52

Personally, I do not think that everything is so critical and I doubt that in the near future we are in for an economic crisis. Believe me, there are countries where the country's economy is much worse than you have in the Netherlands, but people still try to enjoy life and not panic. Therefore, you need to be positive, in spite of everything.

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November 16, 2018, 07:16:51 AM
 #53

Having an economic crash is beyond everyone's control wherein government in each country should work for it to stabilize the economic condition in every country. If this happens, I think cryptocurrency will also be affected and this could result to a bearish market and could probably be experiencing to a much longer period. People should consider bearish market as a privilege to the crypto market and should take into consideration that this is the right time in buying more btc and altcoins. I believe that crypto currency will have it's time to shine again in the coming months.
That’s it. Simple and logical. We all are mostly complaining about the circumstances and economical problems that we are facing, but who believe this would end someday. No one, and that is right. No one can even remit these issues from life. A life is always junction of some ups and down. Neither governments can remove this nor the individuals, learn to deal with it.
Well, dealing with things is always what makes those who get affected and those who do not different. It is one thing to want to deal with things and like Kemarit said, it is another thing to preparing for whatever the possibilities or outcomes might end up being.

Do you know the main reason why people get stuck in fiat even during global crisis, that is certainly because there is no enlightenment, and there is no way people even understand what is going on except for the fact that hardship becomes a norm for that period. The wealthy ones always know how to protect themselves, but now that we have a space opened to everyone, I guess this would be a safe haven for a whole lot of people.
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November 16, 2018, 07:53:03 AM
 #54

Everything is connected to the physical economy. I believe this would always be the case. If there would be economic crisis I am certain that it will eventually create a problem with the digital environment. Yet on the other hand while bitcoin as a currency is not the actual money but rather a coin that is made as a payment system then it is possible that if people would still use it even if crisis happens, it could survive any crisis and will continue to go up even when everything is down because demands create its value.
That is something that would be extremely hard to say at this point in time. Maybe I should draw you back to the main reason why this space came into existence in the first place, which was as a result of the previous economic crisis that ended in 2008, and then Satoshi, decided to come up with something that would at least not involve a third party control or whatever, which in this case can serve as store of value. One thing I believe is that in the possibility of a global economic crisis, it is always a thing to see people look for store of value, which I believe even as much as volatile this space is for now, it is still something that is still useful in that aspect.
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November 16, 2018, 07:58:22 AM
 #55

Personally, I do not think that everything is so critical and I doubt that in the near future we are in for an economic crisis. Believe me, there are countries where the country's economy is much worse than you have in the Netherlands, but people still try to enjoy life and not panic. Therefore, you need to be positive, in spite of everything.

Markets are always going to be critical. If you look at the wealth generated in the last 100+ years, it's absolutely amazing; and realistically, yeah, people should be a hell of a lot more positive when it comes to market outlooks.

But unfortunately, fear will always win in the short-term.

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November 19, 2018, 11:06:42 AM
 #56

When it comes to economics, there are many prophets of doom ready to provide their negative opinion by making catastrophic predictions.
It is probable that the world is moving towards a kind of reset: we are too many, and there are no resources for everyone, if everyone wants to reach Western standards of life.
The solution will be to recreate overall poverty.
Well the OP did warned us. In the end there was a crash, maybe not in 2019 but it happened in late 2018. We really should have listened to him. I do not really believe this is some sort of magical thing that he figured it out but honestly whole world looks like they are holding with a finger right now trying not to fall.

There are countries, there are huge companies and there are a lot of (probably millions of people) trying to just live, survive. Economy doesn't look like it can take another hit, another 2008 type of crisis for people and we will see some sort of chaotic thing going on. Governments needs to come together and find a way to prevent that. If the world keeps drifting into this horrible economic world we live in right now than we may see a huge change for all of us.
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November 19, 2018, 11:28:27 AM
 #57

https://bitcointalk.org/index.php?topic=5056083.0

I'm making this post because I strongly believe that the economics will backfire us sooner than we think. No I don't want the BTC go down I want it to go to mars but I strongly agree with the fact that what is happening NOW is not okay. Stocks are going down (Some will get some help from other stocks exchanges, that is the reason why the stock gets a little bit of extra points). Regarding from stocks here is my analyses.

The past month a lot has happened as I stated before stocks are going down, real estate prices go up. Mortgages interest (general interest) go up. People losing their jobs not only in the U.S but also here in the Netherlands. Hospitals are closing here. HOSPITALS people are sick today not tomorrow, how on earth can multiple hospitals go bankruptcy its crazy.

I don't feel proud but I myself have put $4k into the stocks betting it would go down. So far I have made a healthy profit, But to me it just does not seems okay.

Just look at the stocks at a yearly basis its going DOWN. I'm not here to put propaganda but I'm just telling the facts. What is the government going to do about this? Simple they blame hardworking people like you and me and say that we have to pay it back. This has been going on for over decades. We either pay directly or indirectly its a cycle and most of the masses just go along with it.

When I went to school (I dropped out due private reasons) There where teachers getting fired simply because they could not afford it.

Its happening. Diversify your investments and make profits in the future. Where BTC will stand when this happens I do not know. Maby people see it as a safe investment and it will got up when shit hits the fan or visa versa. Only time can tell. But I suggest to do your own research and not to listen to the NEWS like many do.

Connect the dots and think ahead.

This issue makes me feel week because lm longing for the pump of price.How can l wait for 2years without income.But there's nothing l can do but to wait.lm still praying that my hope will come soon in the future.

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November 19, 2018, 11:35:53 AM
 #58

Now people are divided. Some say that it would be the end of the bitcoin system and other still believe its worth and the happening now is just only a trend.

In my own opinion whatever it may be the result one should be ready. I think it would be better to withdraw for now and then invest later when market will gone good to a certain market price like for bitcoin. If it will reach to 8KUSD then that would be appropriate to invest.

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Terrexa_Exchange
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November 19, 2018, 02:14:59 PM
 #59

It's still unclear what influence a global economic crash would have on the crypto market, unlike traditional markets where it's very evident. I agree that economies the world over are exhibiting tell tale signs of an impending crash but I don't think that the market is fully ready for such a crash. The largest crashes normally come when people are not expecting them and when all economies and sectors are booming, right now there is still too much strife. I suspect we'll have a small scale crash but that the economy will quickly recover to a positive note for a further 5-10 years before we have another 07/08 sized market crash.

I believe it depends when it finally arrives. There is too much speculation on the next financial crash coming sooner rather than later, which would be bad for the crypto market in general, but good for those already well entrenched.

If we can manage another 2-3 years before the bottom of the cycle hits again, it COULD be long enough for crypto to have gained the market adoption needed to flourish in an economic downturn.

It depends on how much the crypto markets and infrastructures mature before the next downturn hits.
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November 19, 2018, 03:22:06 PM
 #60

Now people are divided. Some say that it would be the end of the bitcoin system and other still believe its worth and the happening now is just only a trend.

In my own opinion whatever it may be the result one should be ready. I think it would be better to withdraw for now and then invest later when market will gone good to a certain market price like for bitcoin. If it will reach to 8KUSD then that would be appropriate to invest.
for me, now is the right time to start investing, by buying it gradually it will reduce the risk, if we buy at a price of $ 8k, I think I've missed a moment. but it returns to the person of each

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