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Author Topic: 2021 not Looking good  (Read 3159 times)
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November 30, 2020, 07:37:52 AM
 #41

2020 is the worst and 2021 is the year where all of us will recover. There are no actions yet so how did you found out that 2021 will not be looking good. If it's because of the pandemic, vaccines are on the way right now and COVID-19 will be no longer a huge problem to the economy.

Yeah, it's hard to predict the future since many things can happen simultaneously. Speculation will be always speculation, it's not guaranteed that it'll happen. So I think 2021 will be our year of recovery but if you think 2021 will be also worst, I guess 2020 is worse since we don't know how can we handle ourselves in a pandemic situation that's why it's very hard to live and most of us don't have jobs.
In 2020 we experience a very severe deterioration, especially in the covid-19 virus which continues to hit and the economy has slumped during that time, but we continue to live until we are waiting for a vaccine that is said to be ready to be distributed to the community I hope this can be the beginning where we will recover in the year 2021.

I saw that at the end of the year there were many progress in the economic field, although they were still limited, but this continued to flow in the industrial world, especially blockchain, which recently could reach the highest value or will become a milestone again, but I still can see that recovery can occur in the next year. this is just speculation and hope this keeps happening.

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November 30, 2020, 08:20:51 AM
 #42

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 don't agree with your bad outlook for 2021. In my opinion everything for the next year depends on how good we can manage the corona pandemic. Once we can contain the pandemic everything will recover. We are having multiple companies already mass producing a vaccine for next year. Now it's all about getting the people vaccinated and back to a normal life. It can't get much worse than this year and the many lock downs.
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November 30, 2020, 08:34:05 AM
 #43

Why such a negative analysis? We're not done in 2020 yet but you already have that kind of mindset. That's sad. Don't you want to have a better year for 2021?

In my years of existence, 2020 is the worst year. It's just I didn't expect to experience a pandemic like this. Well, not in our lifetime. I don't want to live this way for the rest of my life so I am hoping that 2021 will be a better year. And all of the setbacks we experienced this 2020 will be redeemed for great comebacks on 2021. And I hope that your analysis is wrong.

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November 30, 2020, 09:02:56 AM
 #44

Don't be too harsh, i think year 2020 is the worst year i ever experience in my life. Instead of thinking such negative vibes why don't you wait what will 2021 bring us I'm sure this coming year will be better than the present year. Other countries have risen little by little and gradually the establishments are opening up already. Let's just hope for the better and don't be so negative.
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November 30, 2020, 09:11:25 AM
 #45

In my location many new foreign businesses are starting to build again new jobs which means in the next year 2021 will be the time of recovering again after this pandemic a strong economy will be build again and most businesses will reopen and I really hope that by next year the pandemic will finally go away and start a more fresh and covid free environment.  
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November 30, 2020, 09:28:27 AM
 #46

The pandemic has had a devastating effect on the global economy since early 2020. Due to which the Fiat currency suffered a lot and its value came down but 2021 is not bad. It will help a lot in controlling the epidemic and may increase the price of cryptocurrencies. There is a possibility of getting vaccinated against the virus in the new year and the price of cryptocurrencies will go up a lot. That is why traders are coming and investing the global economy will overcome the effects of the virus.
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November 30, 2020, 09:47:24 AM
 #47

2021 is likely to be challenging.  This year, mass vaccinations against coronavirus will be carried out in many countries.  This can provoke social tension. 

The Covid-19 pandemic must be defeated by summer.  At the same time, according to forecasts, the economic situation in many countries will deteriorate.  People will begin to realize that their real incomes have dropped. 

Will the tourism industry recover in 2021?  We can definitely say that this is not the case.  In the future, geopolitical tensions will replace the coronavirus.  Air traffic between different countries will not be fully restored.

At the same time, the price of Bitcoin will rise.

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November 30, 2020, 09:48:11 AM
 #48

Why such a negative analysis? We're not done in 2020 yet but you already have that kind of mindset. That's sad. Don't you want to have a better year for 2021?

In my years of existence, 2020 is the worst year. It's just I didn't expect to experience a pandemic like this. Well, not in our lifetime. I don't want to live this way for the rest of my life so I am hoping that 2021 will be a better year. And all of the setbacks we experienced this 2020 will be redeemed for great comebacks on 2021. And I hope that your analysis is wrong.
We can still see a lot of gaps to bounce back in 2021. I agree that the mindset that the OP says is too negative, I'm sure not everyone will think that bad. and also the govt will not easily let its people suffer. there are still many ways and work that can be done to overcome this
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November 30, 2020, 10:48:55 AM
 #49

2021 not Looking good!

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



What year could be worse than the year that this CoVid spread out, this is the year that every country suffered economic turmoil and people are losing their job and their lives, 2021 will be a better and even brighter year than 2020 as this is the year that vaccine will eradicate this CoVid and the year 2021 is the year where everything will be back to normal.
Cryptocurrency will be better this 2021 and also the year where we will reach a lot of milestones.

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November 30, 2020, 11:06:25 AM
 #50

Printing more money will not lift the economy instead it will deplete the value of the economy and to lessen the capacity of money to buy. The value of money or fiat currency is base on the value of the economy of a certain country. If the economy of the country grows then we cqn expect the value of money and the capacity of the money to buy or exchange is high also. Printing more money will only resort to high inflation rate and that is what usually happen to a country with more fiat money circulated. China fiat is one example with low amount or value but high supply. However, china is not a poor country and it is the opposite where china hold much power compare to other countries.
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November 30, 2020, 12:14:24 PM
 #51

We are still not sure about what will literally happen on year 2021 so it is too early to state that the upcoming year is not looking good already at this phase. With regards to crypto, we might be expecting a greater response in terms of its growth for we are seeing a positive response on the price growth this past few weeks up until now hoping that will last for longer time not just by the end of this year. With regards to economical status because of the existing pandemic, we can expect that there will be some positivity to arise since the vaccine created by Pfizer is already stated to be 95% efficient against covid-19 which is a great deal to say because it means that the economies of different countries around the world can go into recovery phase already.
I expect that the 2021 will be a good year, my first reason is because we are currently in uptrend wherein the price of different cryptocurrencies are keep increasing and for me this year is still the accumulation phase wherein I expect that the 2021 will be prosperous wherein there will be a lot of opportunities that we can see and we can grab all of those for us to not miss that kind of moments. The second is the pandemic that we are currently experiencing where I expect that all of the countries will finally solve their problem because of the vaccine that will be finished at the end of the current year. The businesses will finally comeback and the employment rate will increase again where it can affect the whole economy.

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November 30, 2020, 12:14:37 PM
 #52

Next year (2021) will be better than this year, This year would be the worst year so far because of so many disasters that happen especially this pandemic virus, a lot of changes happen and it is more on negative things but now we can see the small recovering of our economy, which is really a good thing so I do think that next year would be good and hoping that the vaccine would be available next year.
But we still cannot conclude things right now about the year of 2021, we are still in year 2020 and there are many things that may change.

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November 30, 2020, 12:15:24 PM
 #53

2021 not Looking good!

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



What year could be worse than the year that this CoVid spread out, this is the year that every country suffered economic turmoil and people are losing their job and their lives, 2021 will be a better and even brighter year than 2020 as this is the year that vaccine will eradicate this CoVid and the year 2021 is the year where everything will be back to normal.
Cryptocurrency will be better this 2021 and also the year where we will reach a lot of milestones.

How are you so sure about how the 2021 turns out to be?
Yes, vaccine has been in a clinical trial and it's almost a hundred percent working effectively, but it still takes time to implement a mass vaccination and governments will be spending again to purchase this vaccines. So, I guess most countries heavily affected by the virus will still suffer economic downturn even during the new normal in 2021.

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cryptoboss2020 (OP)
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November 30, 2020, 12:18:59 PM
 #54

2021 not Looking good!

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



What year could be worse than the year that this CoVid spread out, this is the year that every country suffered economic turmoil and people are losing their job and their lives, 2021 will be a better and even brighter year than 2020 as this is the year that vaccine will eradicate this CoVid and the year 2021 is the year where everything will be back to normal.
Cryptocurrency will be better this 2021 and also the year where we will reach a lot of milestones.

How are you so sure about how the 2021 turns out to be?
Yes, vaccine has been in a clinical trial and it's almost a hundred percent working effectively, but it still takes time to implement a mass vaccination and governments will be spending again to purchase this vaccines. So, I guess most countries heavily affected by the virus will still suffer economic downturn even during the new normal in 2021.



Im not sure just logical conclusion Smiley
nemey
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November 30, 2020, 12:28:59 PM
 #55

In 2021 there is a very high probability of inflation. this is one result of the pandemic. And of course this will affect cryptocurrencies. I also think that in 2021 the market condition will be even worse than 2020.

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November 30, 2020, 12:31:07 PM
 #56

I hope that 2021 won't be worse than 2020. The vaccine is underway. And the world is slowly recovering from the lock-downs.  

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Axelseseclevz
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November 30, 2020, 01:15:58 PM
 #57

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.


How did you know that 2021 will not be a good year? 2020 is the worst year because of pandemic many people died, lost their job and the economy collapsed. And while pandemic continue giving difficulties to the lives of many people, another disaster happened in my country because of typhoons. It's really a bad year. But we are looking forward for another year with full of hopes and new life.

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November 30, 2020, 01:38:49 PM
 #58

There are no assurance 2021 is going to be good in terms of economy aspects not unless vaccine will be available next year and that's the only hope we have right now hence i've read some news that some virus cases is slow climbing up in some countries.
Even if the vaccine is made and corona virus is eliminated it will take a long time to recover because the whole economy has dropped and some countries are in a critical situation because printing money is not the solution for long term.

One thing that will improve is at least workers who work on daily wages will be allowed to work again which will at least start things moving forward but how are people going to gain their jobs back who lost it already and their replacement has been found by the companies. Hotels and other hospitality industries have a massive set back. Tough questions ahead but once the virus is deleted we can at least think and work towards improving it.

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ardentvolcanoes
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November 30, 2020, 01:44:40 PM
 #59

There are no assurance 2021 is going to be good in terms of economy aspects not unless vaccine will be available next year and that's the only hope we have right now hence i've read some news that some virus cases is slow climbing up in some countries.
Even if the vaccine is made and corona virus is eliminated it will take a long time to recover because the whole economy has dropped and some countries are in a critical situation because printing money is not the solution for long term.

One thing that will improve is at least workers who work on daily wages will be allowed to work again which will at least start things moving forward but how are people going to gain their jobs back who lost it already and their replacement has been found by the companies. Hotels and other hospitality industries have a massive set back. Tough questions ahead but once the virus is deleted we can at least think and work towards improving it.

From there, the economy and the life of those people inside the country will have a much better chance to be back into normal, many things

that needs to comply with, and even the government will print more fiat currencies that's won't resolve the problem right away, temporary

solution is not the good thing but instead look for long and lasting to continue surviving.
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November 30, 2020, 02:09:33 PM
 #60

Vaccine is the only thing that could change the our views in the future, we fear of the covid-19 that's why we are not doing the usual things we do, like business operators before the pandemic and there are some restrictions, when vaccine is release, it's like a victory for us and our economy will recover and will soon boom.

By 2021, most likely the vaccine will be out.

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