the billion dollars question

[spy100]

What do people need now ?

IT is dead ,anyone one that it's telling me it sector is booming does not know what he is talking about
Also i don't want to hear crypto or bitcoin ... only horders are interested in crypto right now
Online Shopping will be dead also do to fact people will have no more money when savings are gone ...

What would you buy right now and at what price ? ( No stupid answers like gold if 10 usd )

[jackg]

Nothing... I'd buy nothing now...


At the 30% drop I moved my cash holdings into equity stock funds. At the moment I'd buy nothing. You could look for a stock thst hasn't yet risen in value again and you expect to but other than that just stick with your cash or put it in a bank account at a low %...

Edit: I should clarify I used a European Inc UK stock fund I wasn't sure the US would be a good buy but countries in Europe seemed to be handling the crisis better and the drop was after Italy and Spain started to open.

[Haunebu]

IT is dead? What? How on earth did you reach such a silly conclusion? The IT sector just like any other service sector is going through a depression phase right now thanks to COVID, but it will bounce back in a couple of years since there will always be demand for it.

Online shopping is dead? It's E-commerce btw. It seems to me that you feel like this is some kind of doomsday scenario due to which you are making these wild statements.

E-commerce sector is actually booming currently thanks to COVID-19 since digital is the way to go these days and it will probably continue rising in popularity over time.

[btc_angela]

What do people need now ?

IT is dead ,anyone one that it's telling me it sector is booming does not know what he is talking about
Also i don't want to hear crypto or bitcoin ... only horders are interested in crypto right now
Online Shopping will be dead also do to fact people will have no more money when savings are gone ...

What would you buy right now and at what price ? ( No stupid answers like gold if 10 usd )

I wouldn't say that IT is dead, might be slowing down a bit because of the effects of Covid-19. What do people need now? The basics, food, shelter, electricity. Online shopping is not dead, lol, you just have to understand what the market needs. I'm not sure what's with the all negativity coming from you man, I mean it doesn't mean the end of the world, you can still make money out of the situation right now.

[spy100]

What do people need now ?

IT is dead ,anyone one that it's telling me it sector is booming does not know what he is talking about
Also i don't want to hear crypto or bitcoin ... only horders are interested in crypto right now
Online Shopping will be dead also do to fact people will have no more money when savings are gone ...

What would you buy right now and at what price ? ( No stupid answers like gold if 10 usd )

I wouldn't say that IT is dead, might be slowing down a bit because of the effects of Covid-19. What do people need now? The basics, food, shelter, electricity. Online shopping is not dead, lol, you just have to understand what the market needs. I'm not sure what's with the all negativity coming from you man, I mean it doesn't mean the end of the world, you can still make money out of the situation right now.

i am in both areas .. and i made 200 usd from March until August via online services and selling my products online ...

in 2015 when i was freelancer used to make 800-3000 usd / month via freelancing only ,now i got even more skills then in 2015
Anything you would put online you could sell ,now your waiting ages ...

So in 2020 making 33 usd / month from online services and selling products online i have all the right to say both sectors are dead

Also applied to over 100 companies for a job in my area that accept remote working...they all put ads but no one is hiring ...

So yes it's all dead no matter how much people are saying that online is booming


desktop is dead dead
mobile sector still breathing ,but you will not survive


look at fiverr 0 orders


people are asking for services but they are not buying ...they say like "sure will order next week"...


Same situation bitcointalk and other places where i posted  ads ... people are asking , i lowered prices but still not buying as they can't afford to spend 5 usd / euros on a logo sample etc...


If you look at some of my customers back in 2015 https://www.coroflot.com/spy100/My-Portfolio

You will see that 99% of them came from retail sector ...

in programming market is saturated ...if you look for something you will find it if you google it

to do AI projects, trading platforms , casinos takes a long time and a lot of money ...so this is dead also as i did this from 2015 -2020 ... people have no more money to spend on projects like this

[spy100]

airline  / travel / tourism dead
restaurants dead
bars dead
cinema dead
it dead
e-commerce / online shopping dying
oil breathing
retail & fashion dead ---> my area --->web services--->retail was our main customers ...


 
one thing i don't get  ...https://coinmarketcap.com/

if we that had jobs in it sector can not afford to buy bitcoin or crypto anymore ,,, why in the world is bitcoin so up ? as in general we tech guys used it and shops (retail) ...

All market data is a big fat lie

Here is another example of a big fat lie from stocks world

https://www.forbes.com/sites/naeemaslam/2020/08/10/kodak-stock-price-crashed-coronavirus-congress-fund-765-million/#3a9adce219e6

The truth is that :
"the music has stopped"
https://www.youtube.com/watch?v=K05sxfa4zdM

[ChiBitCTy]

I don't know what you mean exactly but there are sectors that are doing well and profitable right now. The IoT's sector being one of them.  Precious Metal's -Gold & Silver are doing well ( as well as bitcoin) so why fight that fact? I get asked by clients about them all day long (people who aren't "hodlr's").

[c_atlas]

airline  / travel / tourism dead

These aren't dead, they've certainly stagnated but the strongest will survive and eventually rebuild. Tourism isn't a particularly expensive venture to set up so these things will undoubtedly rebound.

restaurants dead
bars dead
cinema dead

Just because these businesses are suffering where you're from doesn't mean it's like this worldwide. People adapt, in my city, the government has permitted restaurants to build outdoor patios that extend into the streets. This is actually a welcome change, I've yet to hear anyone complain about it. Also, look at New Zealand, what you said above doesn't apply to them at all.

it dead
e-commerce / online shopping dying

Yeah for sure, 'IT' is definitely dead... Except for remote work, online entertainment, online delivery, etc. Yes, a lot of companies announced layoffs. Yes, it's hard to get a job right now. No, that doesn't mean IT is dead, it means it's going through a necessary correction. As with all market corrections, the true winners will come out better than ever.

oil breathing
retail & fashion dead ---> my area --->web services--->retail was our main customers ...

Oil ought to die too, the less the Middle East interferes with global markets the better off we'll all be.

Sorry to hear you're having a tough time, I hope you take solace in that fact that your skills are still valuable to many people, even if it's not to the people you used to serve.

[spy100]

I don't know what you mean exactly but there are sectors that are doing well and profitable right now. The IoT's sector being one of them.  Precious Metal's -Gold & Silver are doing well ( as well as bitcoin) so why fight that fact? I get asked by clients about them all day long (people who aren't "hodlr's").

gold is not doing well ... it's inflation causing prices of gold to go up ... means your now paying more for gas,food,rent etc...


the point of bitcoin was for people to use it as an alternative currency to fiat ... now it's just a stupid financial instrument ... see you in a few years and let me know who are you going to sell btc to if you all hold it as  investment.

bitcoin should have moved like money ...

[sunsilk]

I also don't think that IT is dead. If it's dead, there's no more internet matter of things and websites. Because if it's dead, we won't be seeing YouTube, social media, and other popular websites that we used in our daily lives. No online deliveries or whatsoever.

Those sectors that you have mentioned have been frozen due to the effect of the pandemic but it doesn't mean they're all dead. There is a vaccine race and if ever we'll get one for real, most business sectors will come back and alive again.

[AmoreJaz]

I also don't think that IT is dead. If it's dead, there's no more internet matter of things and websites. Because if it's dead, we won't be seeing YouTube, social media, and other popular websites that we used in our daily lives. No online deliveries or whatsoever.

Those sectors that you have mentioned have been frozen due to the effect of the pandemic but it doesn't mean they're all dead. There is a vaccine race and if ever we'll get one for real, most business sectors will come back and alive again.

i dont know the problem of the OP here but when he said that he doesnt want to hear crypto or bitcoin, then why is he here in the forum? and expect that he will not hear anything about bitcoin...bitcoin...bitcoin...bitcoin  

is he in some kind of another world here? labelling a lot of sectors as dead. because if those mentioned industries are dead, i dont think we should be even here on this forum. yeah, IT is dead  

[Findingnemo]

What do people need now ?

IT is dead ,anyone one that it's telling me it sector is booming does not know what he is talking about
Also i don't want to hear crypto or bitcoin ... only horders are interested in crypto right now
Online Shopping will be dead also do to fact people will have no more money when savings are gone ...

What would you buy right now and at what price ? ( No stupid answers like gold if 10 usd )

If no one is buying anything then why amazon hire .ore employees to their company?

Why Google invest on different countries?

Still people got money and only salaried people are in their worst condition of their life.

IT is going to be the future and I expect we can find a huge boom on the online sites after 2020.

[davis196]

What do people need now ?

IT is dead ,anyone one that it's telling me it sector is booming does not know what he is talking about
Also i don't want to hear crypto or bitcoin ... only horders are interested in crypto right now
Online Shopping will be dead also do to fact people will have no more money when savings are gone ...

What would you buy right now and at what price ? ( No stupid answers like gold if 10 usd )

You realize that most of the people still have jobs,right?The unemployment rate isn't 100% and I don't think that all the people in the world are currently relying solely on their savings,in order to buy stuff online(or offline).
Anyway,do you have some sort of panic attack or depression?Writing that the IT sector is dead is weird.
I can write that IT is alive and anyone that is telling me that this sector is dying does not know what he is talking about. Prove me wrong.Change my mind...I don't see any evidence in your post,proving that IT sector is "dying".Only bold statements.

[spy100]

What do people need now ?

IT is dead ,anyone one that it's telling me it sector is booming does not know what he is talking about
Also i don't want to hear crypto or bitcoin ... only horders are interested in crypto right now
Online Shopping will be dead also do to fact people will have no more money when savings are gone ...

What would you buy right now and at what price ? ( No stupid answers like gold if 10 usd )

You realize that most of the people still have jobs,right?The unemployment rate isn't 100% and I don't think that all the people in the world are currently relying solely on their savings,in order to buy stuff online(or offline).
Anyway,do you have some sort of panic attack or depression?Writing that the IT sector is dead is weird.
I can write that IT is alive and anyone that is telling me that this sector is dying does not know what he is talking about. Prove me wrong.Change my mind...I don't see any evidence in your post,proving that IT sector is "dying".Only bold statements.

i am in the frontlines so i see it with own eyes ...

the only areas i think will have a future are : agriculture,vegetables , baking bread , booze , candy , health , drugs,security ,wood for fire  ,diesel and gpl

[bearexin]

I think it depends what area of IT you’re talking about. The way I see it, IT is not dead, even the online shopping you’re referring to is not dead and I also don’t think people will run out of savings. If that’s going to happen, the government will have no other option than to open up every sector of the economy and let people go back to work. They are doing that already, I don’t know for your country, but where I live ,things are back to normal and people are back to work (except that they will have to be wearing masks and also try to maintain their safety), it’s only schools that has not resumed yet.

And as for what I am buying, I haven’t thought of such. But, I already have money invested in bitcoin and Ethereum, and apart from Cryptocurrency market, I have also invested in low risk mutual funds. I don’t like mutual funds because the profit I get from is usually small, the only thing is that it’s quite safe and doesn’t fluctuate like Cryptocurrency market does. Cryptocurrency is what I like much and that’s how I make my profit, and also through day trading.

[spy100]

But, I already have money invested in bitcoin and Ethereum, and apart from Cryptocurrency market, ...

See this is one of the biggest problems with cryptos this days ...people think crypto is a investment ... it's a currency not a investment ... should be moving like FIAT to buy goods and products ... problem is it does not move ... people are hording it ...

https://bitcoin.org/bitcoin.pdf

Cryptocurrency shouldn't be considered as investment ... does that store it, when the big dump comes will end up with just worthless numbers ...this is the future of crypto i see now.

As someone that accepts crypto all i have to say is i no longer accept crypto do to fact it's not a currency anymore ...and if all merchants will do the same thing crypto will be dead ...

 
When i see on the news "there was a shooting in front of white house" :
https://www.youtube.com/watch?v=kEDvBgwblDE

It shows how bad it really it is....

the system does not work any more ... all over the world it failed no matter what type of gov ( democracy , communist , dictatorship etc)

[DevilSlayer]

What do people need now ?

IT is dead ,anyone one that it's telling me it sector is booming does not know what he is talking about
Also i don't want to hear crypto or bitcoin ... only horders are interested in crypto right now
Online Shopping will be dead also do to fact people will have no more money when savings are gone ...

What would you buy right now and at what price ? ( No stupid answers like gold if 10 usd )

In terms of IT, it is a billionaire dollar industry and you need to be creative and be skilled in that area in order for your business or investment to boom. For me the best investment vehicle is real estate, I love real estate and I started actively buying and selling a year ago at first of course it is hard because there are a lot of factors you should first considered before you enter a deal. I love earning passively and the real estate gave me opportunity on it, I have two doors apartment right now but for me it is not yet enough and I still saving money in order for me to increase my capital. If you want to have good investment then try real estate but at first it is risky because you do not have enough experience about it but you can lessen the risks if you will focus on improving your knowledge about it.

Manufacturing and pharmaceutical is also good industry to make investment in this current year. A lot of pharmaceutical industry are competing each other to make a successful vaccine that will be distributed around the world. There is now a news about the Russia successfully created a vaccine that is really safe and effective to use but both manufacturing and pharmaceutical industry are expensive so you need to have large capital to it.

[cabron]

Why is IT dead when most are have been working related to IT.

If the covid continues and the lockdown continues, I'd probably just buy lots of can goods and just a handgun for good. I have heard the news that there are lootings already happening in several towns. It'd be scary to see strange individuals in my backyard. Probably shoot first before asking who they are.

[spy100]

What do people need now ?

IT is dead ,anyone one that it's telling me it sector is booming does not know what he is talking about
Also i don't want to hear crypto or bitcoin ... only horders are interested in crypto right now
Online Shopping will be dead also do to fact people will have no more money when savings are gone ...

What would you buy right now and at what price ? ( No stupid answers like gold if 10 usd )

In terms of IT, it is a billionaire dollar industry and you need to be creative and be skilled in that area in order for your business or investment to boom. For me the best investment vehicle is real estate, I love real estate and I started actively buying and selling a year ago at first of course it is hard because there are a lot of factors you should first considered before you enter a deal. I love earning passively and the real estate gave me opportunity on it, I have two doors apartment right now but for me it is not yet enough and I still saving money in order for me to increase my capital. If you want to have good investment then try real estate but at first it is risky because you do not have enough experience about it but you can lessen the risks if you will focus on improving your knowledge about it.

Manufacturing and pharmaceutical is also good industry to make investment in this current year. A lot of pharmaceutical industry are competing each other to make a successful vaccine that will be distributed around the world. There is now a news about the Russia successfully created a vaccine that is really safe and effective to use but both manufacturing and pharmaceutical industry are expensive so you need to have large capital to it.

Real estate until vaccine ready i am not sure about it... if they don't find a cure and half the world population will die ... prices will go down a lot in this scenario.

[spy100]

Why is IT dead when most are have been working related to IT.

If the covid continues and the lockdown continues, I'd probably just buy lots of can goods and just a handgun for good. I have heard the news that there are lootings already happening in several towns. It'd be scary to see strange individuals in my backyard. Probably shoot first before asking who they are.

Is dead do to fact people can't afford IT services anymore ... does that still work in IT work do to fact they work on projects that was invested millions/billions of USD...for now

Watch youtube videos, for example before the pandemic they did not show so many ads ...now they bombard you with ads at 10 seconds intervals ...means google is desperate in need of money.