Baofeng
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August 07, 2020, 08:40:34 PM |
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The big economy Boom and Prosperity Coming. There will be a lot new Capital in world. Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did. We will see all Around the World that Kind of economy booming that we never seen Before!!
I don't see it coming, everyone is suffering because of this pandemic, and I doubt that this so called stimulus package will be the catalyst for an economic boom, on the contrary as others have said, it will just make it worse. If you Don't get Rich now you will stay poor all your life!! And cryptocurrency boggest bull run will go Wild
Right, but how can you get rich from the money coming from the government? There are no money for everyone, and it will just make the case for for the separation between the rich and the poor. And in this pandemic, it's either you become super rich by taking advantage of the situation or if your business leans toward those things that are necessary for survival or you become "special poor".
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cryptoboss2020
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August 07, 2020, 09:19:38 PM |
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all im hoping is crisis will not get too big and btc will go up and other coins will go up too, thats all i hope !!
i dont mind crisis as long it doesnt disturb my life much !
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Bezobraznike
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★Bitvest.io★ Play Plinko or Invest!
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August 07, 2020, 10:09:50 PM |
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I am not optimistic about restart and coming prosperity! I believe it will be like it was and like it is, rich people will get more rich, others will try to get rich, and some will succeed in that, many will not! Prosperity for all is not possible! all im hoping is crisis will not get too big and btc will go up and other coins will go up too, thats all i hope !!
i dont mind crisis as long it doesnt disturb my life much !
Cryptoboss2020 for us who have some crypto-currencies there is more hope than for people who don't have it. This is for individuals, I don't mind the crisis, but I am not disturbed financially by this, and I have some crypto-currencies. I am optimistic about myself.
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eaLiTy
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August 07, 2020, 10:27:38 PM |
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The big economy Boom and Prosperity Coming. There will be a lot new Capital in world. Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did. We will see all Around the World that Kind of economy booming that we never seen Before!! Hope you are aware that a debt based economy has its major flaws, you do not need to go that far, do you have any idea why the housing bubble collapsed the entire economy back in 2008, it is the direct impact of debt based economy where the banks were giving out huge loans and i don't need to explain further what happens after that. In short it is not an economic boom rather the government is trying to hold a sinking economy by pumping cash.
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BuNga_cute
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August 07, 2020, 10:38:27 PM |
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Overcoming the economic crisis by giving out huge loans is not a wise choice to do, it will only solve in the short term. Because in the future there will be a lot of new debt due to providing huge loans, that way will not bring prosperity. Actually, the best solution to overcome this economic crisis is to actively seek a lot of income, make yourself rich. And cryptocurrency can be one way to make a lot of money, with the bull market as it should be easy to make profit.
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Polo7 (OP)
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August 08, 2020, 12:00:47 AM |
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The big economy Boom and Prosperity Coming. There will be a lot new Capital in world. Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did. We will see all Around the World that Kind of economy booming that we never seen Before!! Hope you are aware that a debt based economy has its major flaws, you do not need to go that far, do you have any idea why the housing bubble collapsed the entire economy back in 2008, it is the direct impact of debt based economy where the banks were giving out huge loans and i don't need to explain further what happens after that. In short it is not an economic boom rather the government is trying to hold a sinking economy by pumping cash. Well this Economic circle Can least 5-10 Years then its a problem until 10 Years I Think will be Fine. Will be interesting to see what will happend Next Or anyone Think that Economic circle will collapse faster?? I Don't Think so as longes They keep money printers on and supply world with money! But Yes with all this money... We will be like times ... a lot prosperity investments Construction new buildings coming... Stock market bullish... Btc will go at least Some 100k+... Ethereum will go bullish.. Gold Price will go Up... A lot money in system Everybody start More spending I see Everything to go Up.
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Nellayar
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August 08, 2020, 03:18:04 AM |
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The big economy Boom and Prosperity Coming. There will be a lot new Capital in world. Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did. We will see all Around the World that Kind of economy booming that we never seen Before!!
If you Don't get Rich now you will stay poor all your life!! And cryptocurrency boggest bull run will go Wild
Words are really powerful, hope that it may happen. Right now, we are all happy when we survive in everyday lives. Most of us have no works because of the lockdown while some of us have problems in everyday food that our family needs. Every countries are suffering from a great depression. Because of COVID-19 pandemic, our lives become abnormal. Many people are dying and many people are losing their hopes. As a young crypto enthusiast, I am always optimistic that crypto will become the mainstream in the future. I know that we can surpass every problem and crisis that we are encountering right now. And I wish that all of us here becomes successful.
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ethereumhunter
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August 08, 2020, 05:10:26 AM |
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The big economy Boom and Prosperity Coming. There will be a lot new Capital in world. Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did. We will see all Around the World that Kind of economy booming that we never seen Before!!
If you Don't get Rich now you will stay poor all your life!! And cryptocurrency boggest bull run will go Wild
Words are really powerful, hope that it may happen. Right now, we are all happy when we survive in everyday lives. Most of us have no works because of the lockdown while some of us have problems in everyday food that our family needs. Every countries are suffering from a great depression. Because of COVID-19 pandemic, our lives become abnormal. Many people are dying and many people are losing their hopes. As a young crypto enthusiast, I am always optimistic that crypto will become the mainstream in the future. I know that we can surpass every problem and crisis that we are encountering right now. And I wish that all of us here becomes successful. We should not worry about the situations because I am sure that we will see new hope that will come to us, even if Covid-19 still be with us. This pandemic will not last forever, and we will have a chance to see the pandemic will end soon. We need to surpass every problem in our life by doing something that can help us to stay survive. I am also optimistic that the pandemic will end because the scientist almost found the right vaccine to help the infection people. So we need to survive.
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bits4books
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Crypto is not a religion but i like it
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August 08, 2020, 08:08:00 AM |
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This is not something new but just a pattern-there is a bullish growth that is covered by the global crisis and sheds excess weight after which the "era" begins again (10-15 years) of another bullish growth and so on in a circle. This is nothing new so words like "If you Don't get Rich now you will stay poor all your life!!"they sound too loud. In the noughties, I think they said that too, and after the 2008 crisis, they said it even louder - but I don't see trillions of homeless people after all these markets drops
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Barnabe
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August 08, 2020, 08:32:11 AM |
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This is not something new but just a pattern-there is a bullish growth that is covered by the global crisis and sheds excess weight after which the "era" begins again (10-15 years) of another bullish growth and so on in a circle. This is nothing new so words like "If you Don't get Rich now you will stay poor all your life!!"they sound too loud. In the noughties, I think they said that too, and after the 2008 crisis, they said it even louder - but I don't see trillions of homeless people after all these markets drops
The 2008 crisis was directly related to homes foreclosure, the next crisis will probably not affect much real estate (apart from severe drops in certain places). People might not be expelled from their houses, but it is likely that we'll see an increase in misery (alcohol consumption/violence/drug abuse/etc).
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AmoreJaz
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August 08, 2020, 08:49:10 AM |
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Overcoming the economic crisis by giving out huge loans is not a wise choice to do, it will only solve in the short term. Because in the future there will be a lot of new debt due to providing huge loans, that way will not bring prosperity. Actually, the best solution to overcome this economic crisis is to actively seek a lot of income, make yourself rich. And cryptocurrency can be one way to make a lot of money, with the bull market as it should be easy to make profit.
dont say that to newbies as they may take it out of context. getting rich out of crypto. not all users have the capability and skills to make it big in crypto. you can only get good money if you have good business, stable job, real estate properties and the likes. but businesses are struggling in this crisis. online gambling casinos is one of the businesses that i know of that are still in operations. so they are one of the fortunate ones that are still earning despite of lockdown everywhere. it will take time for everyone to recover from this crisis.
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Janation
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August 08, 2020, 09:48:34 AM |
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A lot of things are happening, I am not being pessimistic, just based on what is happening.
There are a lot of economies going down because of the pandemic, not just that bit there are a lot of things that are also happening for example that Beirut explosion and as long as we still don't have that vaccine, there will still negative effects on the economies of the country.
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Polo7 (OP)
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August 08, 2020, 10:06:53 AM |
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Yes the real business and real Economy Going Down.... But not speculation like btc stocks and Financial.... All this Investment Financial and speculation section will go Up.
But im not in real Economic field im in speculation field Financial btc invedtments speculation .. The real one Don't matter if the Private small business owners Can't keep run their business then the Solution to government will take over the business.
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abhiseshakana
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From Zero to 2 times Self-Made Legendary
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August 08, 2020, 01:04:58 PM |
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The 2008 crisis was directly related to homes foreclosure, the next crisis will probably not affect much real estate (apart from severe drops in certain places). People might not be expelled from their houses, but it is likely that we'll see an increase in misery (alcohol consumption/violence/drug abuse/etc).
A lot of countries have learned from subprime mortgages and will be more careful, even if America doesn't want it to happen again. Even Americans realize that without the guarantee of gold, even dollars can be very weak. Therefore, to avoid the 2008 crisis from recurring, the United States used several simulations including increasing its national gold reserves and also some information saying that the US would try to increase the price of gold so that it was commensurate with the dollar amount in circulation. If the recession cannot be stopped in Q3 then many countries must prepare for potential depression. Reduced demand means decreased purchasing power due to the absence of income. Hope that chaos does not result from hungry stomachs.
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cryptoboss2020
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August 08, 2020, 01:22:30 PM |
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The 2008 crisis was directly related to homes foreclosure, the next crisis will probably not affect much real estate (apart from severe drops in certain places). People might not be expelled from their houses, but it is likely that we'll see an increase in misery (alcohol consumption/violence/drug abuse/etc).
A lot of countries have learned from subprime mortgages and will be more careful, even if America doesn't want it to happen again. Even Americans realize that without the guarantee of gold, even dollars can be very weak. Therefore, to avoid the 2008 crisis from recurring, the United States used several simulations including increasing its national gold reserves and also some information saying that the US would try to increase the price of gold so that it was commensurate with the dollar amount in circulation. If the recession cannot be stopped in Q3 then many countries must prepare for potential depression. Reduced demand means decreased purchasing power due to the absence of income. Hope that chaos does not result from hungry stomachs. What recession you are talking about? the banks are printing money with money we can buy food and live good yes inflation will be hard the money purache power will be weak but then its just means people need to more work to keep up with the inflation. if we have more money in circlation the consumers can buy more goods more services so the factories can start produce more goods...china can sell now even more everybody have more money and can buy more. Recession means when no money in circlelation anymore!
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bitcoinisbest
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August 08, 2020, 01:53:38 PM |
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A lot of things are happening, I am not being pessimistic, just based on what is happening.
There are a lot of economies going down because of the pandemic, not just that bit there are a lot of things that are also happening for example that Beirut explosion and as long as we still don't have that vaccine, there will still negative effects on the economies of the country.
We wish that things get back to normal and everybody returns wot heir businesses and jobs. There has being a major hit to everyone in the world due to pandemic situation and millions of people are struggling to survive this phase due to no work, no food to eat or various other issues which different from each individual. Hope the sooner things become normal better for all to regain prosperity back.
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jrrsparkles
Sr. Member
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Eloncoin.org - Mars, here we come!
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August 08, 2020, 07:36:21 PM |
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The big economy Boom and Prosperity Coming. There will be a lot new Capital in world. Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did. We will see all Around the World that Kind of economy booming that we never seen Before!!
If you Don't get Rich now you will stay poor all your life!! And cryptocurrency boggest bull run will go Wild
They just create more debt for the people which means people will be still poor and they are end up paying loans all of their life which isn't real recovery to the people but for government they can as long as they are printing less money. But remember where you are going to invest the money and concentrate on the market which is going to be developed in the upcoming years not the one which is trending now.
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cryptoboss2020
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August 08, 2020, 07:50:46 PM |
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The big economy Boom and Prosperity Coming. There will be a lot new Capital in world. Right now in australia There is crisis... But soon it will be over coz australia will Give out huge loans like USA and uk did. We will see all Around the World that Kind of economy booming that we never seen Before!!
If you Don't get Rich now you will stay poor all your life!! And cryptocurrency boggest bull run will go Wild
They just create more debt for the people which means people will be still poor and they are end up paying loans all of their life which isn't real recovery to the people but for government they can as long as they are printing less money. But remember where you are going to invest the money and concentrate on the market which is going to be developed in the upcoming years not the one which is trending now. yes the wealth gap between rich and poor will be bigger,world will fall in more depression ...but i guess then the regime will be changed...will be more like socia democratic regime and higher taxes for the rich. this is what i think all this will lead us
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abhiseshakana
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August 08, 2020, 08:18:43 PM |
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What recession you are talking about? the banks are printing money with money we can buy food and live good yes inflation will be hard the money purache power will be weak but then its just means people need to more work to keep up with the inflation.
if we have more money in circlation the consumers can buy more goods more services so the factories can start produce more goods...china can sell now even more everybody have more money and can buy more.
Recession means when no money in circlelation anymore!
Recession I mean, is the economic downturn caused by a pandemic. Printing money is indeed something that is allowed and is not a mistake as long as the purpose of printing money is for the real sector and independent productive industries. It will be a disaster if printing money is used to stimulate direct cash assistance, to pay off foreign debts, or for imports. Especially if printing money to create demand by providing direct cash assistance so that consumption rises without being followed by an increase in the manufacturing industry, it will cause further congestion. If a country's manufacturing production drops to more than 50%, even though it is poured by money, how can it be bought and how is the mechanism of pouring out money to be right on target.
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Sanugarid
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August 08, 2020, 08:25:56 PM |
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Overcoming the economic crisis by giving out huge loans is not a wise choice to do, it will only solve in the short term. Because in the future there will be a lot of new debt due to providing huge loans, that way will not bring prosperity.
Only because we can't survive if we choose the long term solution, more and more people will suffer not just the economy. Look at the world bank, they are giving loans worth trillions for any country because that's what will make the problem to solve for now, and not just the world bank any fund organization are giving out loans because of the crisis that we are experiencing, the pandemic. Countries that are in debt has left with no choice, economy is going down, unemployment rate is increasing and so they did, especially third world countries like where I am living, thankfully some country do have trust on our economic growth for the past year and granted our loan request. Actually, the best solution to overcome this economic crisis is to actively seek a lot of income, make yourself rich. And cryptocurrency can be one way to make a lot of money, with the bull market as it should be easy to make profit.
"Make yourself rich" " cryptocurrency " naah , instead of relying to cryptocurrency to get rich why not go outside and be wise with having a business, you can't just enter crypto trading because it is trading, remember 90% of traders lose every day, and that;s not impossible for you to get the same fate of that 90% people in trading. Quit that mindset, yes you can get rich with crypto but that's not what a proper man do.
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