New recession is around the corner

[sheenshane]

I guess it is actually a strategy. Sometimes, to make people stay connected and interested in your stuff you have to make them feel hanging, suspending and disappointed. You have to make them feel that they need to come back to you to satisfy their disappointment.

I hope you'll get my point but in my personal opinion, I was actually a victim of this kind of strategy. Every time I encounter a great movie, since they are great and very popular they must make sure to take advantage of it in such ways. For their audience to come back with their next production and movie, they have to make the audience disappointed, dissatisfied and hanging because they are too attached with the characters that they would like to witness the characters successful.

[MarcusGates]

I guess it is actually a strategy. Sometimes, to make people stay connected and interested in your stuff you have to make them feel hanging, suspending and disappointed. You have to make them feel that they need to come back to you to satisfy their disappointment.

I hope you'll get my point but in my personal opinion, I was actually a victim of this kind of strategy. Every time I encounter a great movie, since they are great and very popular they must make sure to take advantage of it in such ways. For their audience to come back with their next production and movie, they have to make the audience disappointed, dissatisfied and hanging because they are too attached with the characters that they would like to witness the characters successful.

I guess it's hard to make a satisfying endings.

I remember Lost had such a great storyline and engaged characters. The ending was very disappointing and confusing for everyone.
It might just be that great stories are hard to explain with good endings.

[Febo]

The signs are all around us.

First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

I guess you are right. Recession is planed to be so huge as Earth never seen but considering your examples will be probably a totally weak recessions. We will not even know it happened and we will be so disappointed at its performance.

[hatshepsut93]

First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?

They know the recession is due and they are saving money everywhere they can.

Lol this is just funny, who would have thought that you can make macroeconomic predictions based on movies and tv shows.

Seriously though, people have been telling that a new global economic crisis is coming for many years already, and it's still not here. You really can't predict it, maybe it will happen this year, maybe in 10 years, no one knows. There's no clear and predictable mechanism for it. Also, it's unclear if it will be good for Bitcoin or not, Bitcoin is still a risky investment, and people might want something stable during hard times.

[jakelyson]

First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

Avengers Endgame is very decent to me.
Game of Thrones still has 3 episodes to redeem themselves.

If I start to see movies how Blair witch project is done it, $60K budget making $248 Million, that is when I will know the recession is really due.

[Caladonian]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

Seriously? I mean, not because of such things like that, maybe the productions really didn't pay attention and the outcome result did not pass
your standards, but in some sense it's still entertained those who really love following this series, maybe we are also speculative on this matter
in terms of recessions but hopefully it will not be that much and still workable for all the people around.

[DigitalCyberius]

I think your conclusion is probably correct, but I think your evidence is severely flawed I don't think the recent big movies are bad because they're pinching their budgets (maybe?), at least as with the case of Star Wars, I think it's because somewhere down the line, they've conceded to the left's ideology, feminism, so-called "social justice" (which is anything but), etc, and they just ruined it because they could. Why did Gelette men's razers hire a hardcore feminist to run a propaganda piece against men? It's trendy, it's part of the agenda. It's stupid, a financial & PR disaster, but part of the left's agenda.

As to a recession, some believe it will be a collapse of fiat, largely due to the eventual collapse of the Petro Dollar, which will be felt globally. Mike Maloney, of goldsilver.com talks about that. Johnathan Cahn also talks about these cycles that happen.

Have a good day,
The Cyberius team

[justspare]

Your starting was great but the end was not good because you didn’t tell us how we can relate this article to cryptocurrency or bitcoin. What those people have done will end up even benefiting them more, they would have succeeded in cutting sot and still make the money they have been asking before.

Now that recession is approaching, any wise person will save towards it too and cut down all cost, also take advantage of the cryptocurrency market to invest and make money before the recession because one thing I am very certain of is that we will see the next bull run before the recession. So in preparation for the recession, bitcoin investment will also play its own part in making it easier for us.

[Kakmakr]

At first my first thoughts about your thread was that it was wrong to use the movie and series endings as a example, but the more I think about it, you might be onto something. The global economy are struggling and that includes the movie industry. The poor ending is not really about "money" but more about the hype and anticipation that was built by the producers of these productions. <Most of these movies and series were milked for too long, so the ending sucked because the plot was extended to make more profits.>

If on the other hand, you used ticket sales statistics as an example, then I would have agreed with you. 

[MarcusGates]

Your starting was great but the end was not good because you didn’t tell us how we can relate this article to cryptocurrency or bitcoin. What those people have done will end up even benefiting them more, they would have succeeded in cutting sot and still make the money they have been asking before.

Now that recession is approaching, any wise person will save towards it too and cut down all cost, also take advantage of the cryptocurrency market to invest and make money before the recession because one thing I am very certain of is that we will see the next bull run before the recession. So in preparation for the recession, bitcoin investment will also play its own part in making it easier for us.

Cryptocurrency is now a part of the financial ecosystem, it applies to it as well.
I don't think the Bitcoin or crypto will be a safe haven if the recession hits. When you are in need of money and survival is at stake, you cash out your money from wherever you can, but.... only 1% of theworlds population uses crypto, so the impact won't even be that big.

If the fiat currency survives this next recession, Bitcoin will indeed be a great store of value and safe haven like gold/silver etc...

But if fiat collapses, then Bitcoin and cryptocurrencies will take over and there probably will be a lot of panic and confusion in people transferring to crypto and adopting it.
There needs to be a smooth transition from fiat to crypto and that is what I think governments are planning

[LeGaulois]

I read not long ago that 75% of CFOs predict a recession in the USA by the end of 2020. Isn't that funny the coincidence with the BTC halving?
Italy has managed to avoid a recession, but there are still concerns, and I am not even talking about Germany. If a recession happens in Europe people/companies will switch to a safer currency like CHF, GBP, or NOK.

[Naida_BR]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

Your correlation is partially right. But all these movie organizations didn't necessarily rely on bank loans in order to fund their projects. They were already successful and profitable. I Believe that the sign of the next economic crisis is the fact that we undergo a long period of economic growth will low interest rates and this usually blows the recession.

[okala]

I read not long ago that 75% of CFOs predict a recession in the USA by the end of 2020. Isn't that funny the coincidence with the BTC halving?
Italy has managed to avoid a recession, but there are still concerns, and I am not even talking about Germany. If a recession happens in Europe people/companies will switch to a safer currency like CHF, GBP, or NOK.

Recession in the USA 2020 that is a great coincidence and by that same time bitcoin halving will be taking place were a lot of new development in the bitcoin network, which will lead to bitcoin being able to be use for micropayment with low or no fee at all, this is going to open a great door for bitcoin adoption all over the US.

[alyssa85]

I read not long ago that 75% of CFOs predict a recession in the USA by the end of 2020. Isn't that funny the coincidence with the BTC halving?
Italy has managed to avoid a recession, but there are still concerns, and I am not even talking about Germany. If a recession happens in Europe people/companies will switch to a safer currency like CHF, GBP, or NOK.

I think it was Ben Bernanke that said that recessions usually occur because of a policy mistake - most often a combination of the Fed hiking interest rates too much and regulators ignoring problems building up in the financial sector.

It looks like Jerome Powell has hit the sweet spot as far as interest rates go. He is still doing Quantitative Tightening. And he's trying to jawbone the corporate sector into deleveraging. If he is successful, then the expansion may last another four years. It's all to play for.

[traderethereum]

I read not long ago that 75% of CFOs predict a recession in the USA by the end of 2020. Isn't that funny the coincidence with the BTC halving?
Italy has managed to avoid a recession, but there are still concerns, and I am not even talking about Germany. If a recession happens in Europe people/companies will switch to a safer currency like CHF, GBP, or NOK.

Recession in the USA 2020 that is a great coincidence and by that same time bitcoin halving will be taking place were a lot of new development in the bitcoin network, which will lead to bitcoin being able to be use for micropayment with low or no fee at all, this is going to open a great door for bitcoin adoption all over the US.

So we can hope that in that year, bitcoin will be adopted by many people especially in the USA because of the recession.
That will be interesting if bitcoin finally being adopted by a big country and have power.
But that will be a waiting time for us if that will happen or not because we are still in 2019 and we need to wait a year before it's happening.
The chances for bitcoin to be accepted in many countries will wide open if people in the USA can accept bitcoin, so the other big country will follow what the USA does.

[alyssa85]

So we can hope that in that year, bitcoin will be adopted by many people especially in the USA because of the recession.
That will be interesting if bitcoin finally being adopted by a big country and have power.
But that will be a waiting time for us if that will happen or not because we are still in 2019 and we need to wait a year before it's happening.
The chances for bitcoin to be accepted in many countries will wide open if people in the USA can accept bitcoin, so the other big country will follow what the USA does.

Recession makes it LESS likely that bitcoin is adopted. People need money to buy bitcoin - and in recessions money is scarce. Also inflation drops in recessions which means that hedges against inflation arn't required so much.

Bitcoin will only take off if there is asset confiscation. Say AOC or someone like her gets to power in 2020 and starts confiscating wealth. Bitcoin then becomes very attractive as a means of storing and hiding wealth.  Don't forget that the event that made bitcoin mainstream in 2013 was Cyprus confiscating savings balances of ordinary people deposited in banks to bail out the bankers.

[Cosbycoin]

Last big recession was in 2007 and the next one is long overdue.

This next one is going to be on a much larger scale and last longer than we expect.

The signs are all around us.


First, the Avengers Endgame was so hyped and in the end it was disappointing.
Game of Thrones final season was hyped and so far very disappointing.
Star Wars will probably be disappointing as well.

All of them have a huge budget yet they somehow went on and made a crappy production. Why?


They know the recession is due and they are saving money everywhere they can.

One funny thing about this forum is that whenever someone just post BS others will just go ahead and agree with that, lolzzz. Sorry, I don't agree with what you have said. Avengers endgame is crap? Really? Oh, you're the only one that thinks it's crap, cause I don't agree with that. I'm not a GOT fan so I have nothing to say about that one. And like seriously, what does movies has to do with recession? The points you have made are not adding up, cause it has nothing to do with recession, you're just a fan that is pissed for nothing.

[d1ceplayer]

So we can hope that in that year, bitcoin will be adopted by many people especially in the USA because of the recession.
That will be interesting if bitcoin finally being adopted by a big country and have power.
But that will be a waiting time for us if that will happen or not because we are still in 2019 and we need to wait a year before it's happening.
The chances for bitcoin to be accepted in many countries will wide open if people in the USA can accept bitcoin, so the other big country will follow what the USA does.

Recession makes it LESS likely that bitcoin is adopted. People need money to buy bitcoin - and in recessions money is scarce. Also inflation drops in recessions which means that hedges against inflation arn't required so much.

Bitcoin will only take off if there is asset confiscation. Say AOC or someone like her gets to power in 2020 and starts confiscating wealth. Bitcoin then becomes very attractive as a means of storing and hiding wealth.  Don't forget that the event that made bitcoin mainstream in 2013 was Cyprus confiscating savings balances of ordinary people deposited in banks to bail out the bankers.

With or without recession, many people will still invest in bitcoin largely because of its highly effective and self-advertising system, I am not sure there will even be any recession anytime soon and even if there is any, I am sure that before that time, everyone would have had investment in bitcoin and may not really feel the effect of the recession due to enough fund that will be generated in the long run and saved through investment that has been done in bitcoin. See how bitcoin has been performing lately, it shows that Bitcoin is fully independent of any system or organization.

[pushups44]

How bitcoin weathers the next recession will be a defining moment for it, because there isn't much precedent from its short history. However, what would certainly be bullish is if central banks once again engage in quantitative easing or money printing. This will make bitcoin and other finite goods more valuable relative to cheapened fiat currencies. I think bitcoin will come out stronger from a recession, though it might crash temporarily.

[MarcusGates]

How bitcoin weathers the next recession will be a defining moment for it, because there isn't much precedent from its short history. However, what would certainly be bullish is if central banks once again engage in quantitative easing or money printing. This will make bitcoin and other finite goods more valuable relative to cheapened fiat currencies. I think bitcoin will come out stronger from a recession, though it might crash temporarily.

It would be nice to see how Bitcoin handles recession.I agree with what you said above. It never happened and if the banks print more money and cause inflation, Bitcoin could very well skyrocket and become the next gold.

Hopefully it would hit a price of $1M and John McAfee will not have to eat his pecker.