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Author Topic: 2021 not Looking good  (Read 3159 times)
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December 10, 2020, 01:48:47 PM
 #161

It is true, we shouldn't take a pessimistic view after the success of the covid-19 vaccine. The economy won't recover after a year or two, but it should get better, especially the services and tourism industries. About bitcoin and digital currencies, the market is unstoppable this year, so there are definitely more breakthroughs next year. All predictions are just sentimental, expecting 2021 success.

I don't expect sectors such as tourism and air travel to recover in 2021. Vaccination is going to take a lot of time, and only after the majority of the world population is vaccinated, we can expect the tourist industry to start its recovery. Also, a lot of the potential tourists are facing financial crunch as a result of the pandemic, and they may be forced to shelve their vacation plans for 2021.
The tourism and the aviation industries are crumbling due to the pandemic there was news about a flight company that sacked 200 employees but people are still traveling and the tourism/aviation are operating their business but they have some certain covid 19 restrictions to follow which is what cut their profits. However, things will still change next year though the tourism and aviation setting may not recover completely but they will recover by 75% cause the governments as rendered help to them already.

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December 10, 2020, 03:20:11 PM
 #162

I am not interested to predict anything what will happen, what should happen, how it can be, or why should happen this or that thing. We are human. We have one thing by ehich we live. Which is hope. We die to live a better life by just only one word which is hope. So in this situation we also have 1 word to say for 2021 is hope. Hopefully we can our 2021 will be slightly good than 2020. Huh
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December 10, 2020, 04:01:06 PM
 #163

Too pessimistic is not good, too optimistic also sometimes gives disappointment and major depression.  It's good for us to live 2021 with as realistic expectations as possible.  The economy will not be as bad as the OP imagined, but also not as beautiful as we imagined.  I even see the projection in 2021 that the world economy is in a transition period from critical.  Economic critical transition, where we have to both survive in our lives or we will die halfway.  The visible choice is Death or survive, if 2021 the country fails to rise then the next year will be a continuing economic disaster.
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December 10, 2020, 05:43:19 PM
 #164

2021 not Looking good!

Only things what could be good are Bitcoin and cryptocurrency
Other things dont look good!

The economy will go lowest i Think.

Becouse there is still some countries who operating quite normal like sweden, finland but 2021 I think they have to face reality

And I dont see that Central Banks will just recklessly print money anymore just to pump Up economy I think this time they will say no more free money we dont kill the currencies with inflation

I dont belive that money printing dream anymore
And I think the Central bankers are same realistic as I am.

I hope that by 2021, all countries can rise, the economy and education can get better.
Cryptocurrencies can grow bigger.
Hopefully all countries can solve the current problem in 2021.

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December 11, 2020, 05:58:48 PM
 #165

2021 not Looking good!

Only things what could be good are Bitcoin and cryptocurrency
Other things dont look good!

The economy will go lowest i Think.

Becouse there is still some countries who operating quite normal like sweden, finland but 2021 I think they have to face reality

And I dont see that Central Banks will just recklessly print money anymore just to pump Up economy I think this time they will say no more free money we dont kill the currencies with inflation

I dont belive that money printing dream anymore
And I think the Central bankers are same realistic as I am.

I hope that by 2021, all countries can rise, the economy and education can get better.
Cryptocurrencies can grow bigger.
Hopefully all countries can solve the current problem in 2021.
Going back to normal will still take long. However, other countries have been able to survive during the pandemic and they are now trying to revive their economy because others have returned to their jobs and reopened their business. I think education will still remain in online classes while the numbers of virus cases is still large.

I think cryptocurrency will not be the same in 2021 because the bull season is almost over that bitcoin and altcoins are falling their prices starting this week, but I still hope it is not yet over and will last long until Q1 of 2021.

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December 11, 2020, 08:44:48 PM
 #166

It is true, we shouldn't take a pessimistic view after the success of the covid-19 vaccine. The economy won't recover after a year or two, but it should get better, especially the services and tourism industries. About bitcoin and digital currencies, the market is unstoppable this year, so there are definitely more breakthroughs next year. All predictions are just sentimental, expecting 2021 success.

I don't expect sectors such as tourism and air travel to recover in 2021. Vaccination is going to take a lot of time, and only after the majority of the world population is vaccinated, we can expect the tourist industry to start its recovery. Also, a lot of the potential tourists are facing financial crunch as a result of the pandemic, and they may be forced to shelve their vacation plans for 2021.
I think those are two industries that will never fully recover from this, even if everyone was vaccinated tomorrow that is not going to solve the huge economic problems people have, many lost their jobs and those people cannot go on a vacation, while the rest see this and they prefer to not plan a vacation because they are afraid they will lose their jobs as well, and when you add the pandemic itself has changed people by making many of them to feel more comfortable at their home then this means that even if they have the money and they get the vaccine they will see no point in going in a vacation anymore.

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December 11, 2020, 09:59:37 PM
 #167

In one of my article dated back to few months ago, I still remember vividly, stating the few dangers the world might encountered in the coming years. One of which is the world current state of economy. Even way before covid-19 surface, I never knew something like that could put the entire world on the run. Countries shutting down their economics, in ory to save the lives of the citizens. Because the lives of the citizens supercede that of the economy. One of the fact stated then was how the nation's of the earth should look inwardly on how they can be of help to each other by strengthen each others currencies. How will 2021 looks good when some countries has a hidden agenda to destroy other countries economy by weakening their currency. This alone put the whole at large. And with this I doubt it if 2021 will not be a repeat of the global economic meltdown.

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December 11, 2020, 10:21:53 PM
 #168

2021 not Looking good!

Only things what could be good are Bitcoin and cryptocurrency
Other things dont look good!




We'll have the vaccine next year and that is 100% sure so why it is not a good year, this is the year that we will get up and we will wipe out the vaccine I don't see the logic why it will not go better than 2020, the economy will go back and we will have our freedom to breathe again so stay realistic we need to be more realistic.
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December 12, 2020, 03:02:12 AM
 #169

2021 not Looking good!

Only things what could be good are Bitcoin and cryptocurrency
Other things dont look good!




We'll have the vaccine next year and that is 100% sure so why it is not a good year, this is the year that we will get up and we will wipe out the vaccine I don't see the logic why it will not go better than 2020, the economy will go back and we will have our freedom to breathe again so stay realistic we need to be more realistic.

Most probably 2nd quarter of the year we will fee full blown vaccine already implement across the globe. So that is a good sign that we are going back after that and could probably end 2021 with somewhat positive numbers in terms of recovery.

For crypto, its the much touted 4 year cycle, so we might see the price really going up and spikes in the range of $30,000 worst case scenario. So I would say that there are a lot of hopes for 2021, not just Bitcoin and crypto currency but the whole financial world.

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December 12, 2020, 11:01:10 AM
 #170

we all work hard to live our lives well, even though many have lost their jobs and also lacked health care.  many people are still pessimistic in facing 2021 but we all have to believe that next year will definitely be much better than now.  Several countries have implemented policies and also in their best diplomacy and one of the good news for European citizens is that the European Central Bank will provide economic stimulus funds to Eurozone countries.  all of us will be able to get through these hardships..

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December 12, 2020, 01:48:33 PM
 #171

~
Economy go lowest?? You're not sure too about it and we have seen the lowest of the economy already during the start of the pandemic.

I'm not pretty sure about it though but my prediction is that 2021 will be a year of recovery and I know that some analysts think like that too. One word that will make the world better in 2021. VACCINE. A vaccine that can be distributed worldwide will be the key for the continuous recovery of the countries. A vaccine is all we need in order for the virus to be controlled.

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December 12, 2020, 01:51:56 PM
 #172

2021 will not be as bad as 2020. I believe the economy will be affected and it's normal that it will due to lockdowns and the pandemic but overall, I fear the situation for countries like Yemen where people are not financially stable. Since most services are available online now, it's been beneficial for people to start using the internet more and rely on it and for cryptocurrency, this has proved beneficial as seen in the price currently. It will take time for things to get normal.

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December 12, 2020, 01:59:54 PM
 #173

Everyone has learned how to adjust despite the pandemic situation that we have right now. Even our economy is starting to get better so I think 2021will be a good start for us. We learned how to cope up with the changes caused by the pandemic so we'll surely move forward this time. Even without the vaccine, I could say that our economy is starting to rise again so let's just all be positive and hope for a better year.
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December 13, 2020, 05:30:21 AM
 #174

Why you say next year 2021 bitcoin and other cryptocurrency not good move I don't understand why you say that. I see very bull run waiting upcoming year 2021 bitcoin and other crypto. Now crypto market condition so good

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December 13, 2020, 05:43:18 AM
 #175

Why you say next year 2021 bitcoin and other cryptocurrency not good move I don't understand why you say that. I see very bull run waiting upcoming year 2021 bitcoin and other crypto. Now crypto market condition so good

Literally he assumed that the current pandemic would cause great disturbance on the economic world wide. In a sense the thread starter would a have a good point but at first if it is on the start on the pandemic but after some time passes it would be the other way around since we already adapt to the issues on hand thus we are regaining what is lost since we are doing some patch up to fix those problems.



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December 13, 2020, 06:52:36 AM
 #176

Why you say next year 2021 bitcoin and other cryptocurrency not good move I don't understand why you say that. I see very bull run waiting upcoming year 2021 bitcoin and other crypto. Now crypto market condition so good

Literally he assumed that the current pandemic would cause great disturbance on the economic world wide. In a sense the thread starter would a have a good point but at first if it is on the start on the pandemic but after some time passes it would be the other way around since we already adapt to the issues on hand thus we are regaining what is lost since we are doing some patch up to fix those problems.

If you observed, the OP is creating topics that are not very sharp in my opinion. So I don't know his motives why he keeps on posting such topics, to engage discussion from the community or just want say something stupid.  Tongue We are not yet out of the woods because of this pandemic, and yet things are looking good already, in crypto or outside crypto. Pharma industries are starting to rollout the vaccine by next year and we are experiencing more crypto adoption via by big companies which are including crypto in their payment system. So I don't know why the OP is being pessimistic here?
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December 13, 2020, 01:01:40 PM
 #177

Why you say next year 2021 bitcoin and other cryptocurrency not good move I don't understand why you say that. I see very bull run waiting upcoming year 2021 bitcoin and other crypto. Now crypto market condition so good

Everyone believes that there will be a huge bull rally in 2021 and a lot of the whales have started accumulating coins. And this is what makes me nervous. If something goes wrong, then we may witness a massive dump of coins in the open market, and this can take Bitcoin back to four-digits. And this has happened many times before in the cryptocurrency market.
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December 13, 2020, 05:22:53 PM
 #178

Everyone believes that there will be a huge bull rally in 2021 and a lot of the whales have started accumulating coins. And this is what makes me nervous. If something goes wrong, then we may witness a massive dump of coins in the open market, and this can take Bitcoin back to four-digits. And this has happened many times before in the cryptocurrency market.


I don't agree with this, nor will they sell their coins for no reason.  Next year bitcoin will continue to rise like this year because after paypal visa and mastercard there are still many other big companies that will also adapt to cryptocurrency.  I think that way they will keep their coins.  If there is a decline, it could be a price correction.
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December 13, 2020, 07:23:01 PM
 #179

With the rise of bitcoin prices, it now looks like 2021 will be a good year for cryptocurrencies. Economic activities of all countries of the world are stopped for quarantine. What you don't see after that is that production is now active. Commodity prices will rise, the economy will collapse but nothing will stop. It's too late for the situation you're thinking about.
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December 13, 2020, 09:38:40 PM
 #180

Why you are so pessimistic about 2021?
I think 2021 wil greater than 2020. Coid vaccines are being produced. I think with the end of social distance, the economy wil raise again.

Don't take OP serious, probably just looking for cheap attention I feel 2021 will be better not because vaccine will be available but because countries will be prepared for the worst.
Why most of the countries where hit by this pandemic spread was because they weren't prepared especially the underdeveloped countries, there were shortage of kits and other resources needed that weren't budget down but by 2021,i believe we will all be prepared for the worst and plan properly.

PS: many are yet to take this vaccination, you don't want your family to be a test object to political gain so do everyone.
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