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Author Topic: 2021 not Looking good  (Read 3159 times)
AicecreaME
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December 03, 2020, 10:58:06 AM
Merited by molsewid (1)
 #101

I don't think 2021 would be as bad as 2020. Well, hopefully. Right now, numerous vaccines are already rolling out. There were several vaccines stated to be 95% and up effective and safe to be administered and are just waiting for the go signal of the FDA to be distributed in different countries. As of the moment, many countries are also applying to get an enough supply for their citizens once the FDA approves and give the green light.

Our government is applying for 20-30 million vaccine supply as they said to be capable to vaccinate those population per year. It is estimated to be locally available in our country by April to June 2021. However, it is also possible that few citizens able to pay would be vaccinated first before the official release of vaccines care of the government.

I just really hope for the best next year because of the vaccines. I wish to go back to the "normal" flow of events. However, I think it's going to be an entirely new normal set up. Nonetheless, I'm rooting for an economic bounce back of each countries as well as the growth of bitcoin community.

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cryptoboss2020 (OP)
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December 03, 2020, 01:04:33 PM
 #102

Likely we are Going to see Not
U Not V but L recovery!

Same situation like was 1930.

No body dont like bad things but need to be realistic
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December 03, 2020, 01:28:49 PM
 #103

2021 is just around the corner. And I think it will be better for cryptos that are very promising. Bitcoin is still good and I hope it will continue to be better in 2021.

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December 03, 2020, 01:45:07 PM
 #104

No matter what will happen this coming 2021, the important is we are moving forward and strive to make our life normal. Covid 19 will lessen to spread if the vaccine will become available next year. Vaccine will prevent covid virus and  the economy will continue to recover even slowly. Just think positively and continue to support the cryptocurrency which has been our great helper in times of need caused by the covid sensation.

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December 03, 2020, 01:53:28 PM
 #105

2020 is more badder and 2021 is the year where we all get up from the bad things that happen to us this 2020, because 2021 is the year that we are going to have a vaccine, and CoVid will be wipe out in 2021, so I consider 2021 the year of hope, very much different from your analysis, once we get rid of the pandemic we are going to move on and get up.

You are very optimistic for 2021. There are still to many open questions to looking forward positively to 2021. What if vaccine is not working as desired? What if global financial stability begins to falter, as you can already hear from some statements and leads us into a financial crisis that is bigger than the 2008? And so on ...
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December 03, 2020, 01:58:12 PM
 #106

2020 is more badder and 2021 is the year where we all get up from the bad things that happen to us this 2020, because 2021 is the year that we are going to have a vaccine, and CoVid will be wipe out in 2021, so I consider 2021 the year of hope, very much different from your analysis, once we get rid of the pandemic we are going to move on and get up.

You are very optimistic for 2021. There are still to many open questions to looking forward positively to 2021. What if vaccine is not working as desired? What if global financial stability begins to falter, as you can already hear from some statements and leads us into a financial crisis that is bigger than the 2008? And so on ...


The hit we had was like the Titanic hit the iceberg... What comes next?  
The Panic but it comes too late!


We are on titanic now,  we should ask our government officials what's going on If they say dont panic then it means " Dont over growd the exit door "
What i think are the exit doors?
The stock market first door comes up in my mind.
If economic situation are bad we need cash many people have good ammount of cash in stock markets when we see like 40-50% price drops many people Will start panic selling.

This is not joke its reality
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December 03, 2020, 02:38:06 PM
 #107

No matter what will happen this coming 2021, the important is we are moving forward and strive to make our life normal. Covid 19 will lessen to spread if the vaccine will become available next year. Vaccine will prevent covid virus and  the economy will continue to recover even slowly. Just think positively and continue to support the cryptocurrency which has been our great helper in times of need caused by the covid sensation.

The hope to survive will allow everyone to continue life. With this available vaccine it will help the economy to start little by little.
There are businesses that started to work.

Virus prevent people and scared everyone but with this news and if ever that this vaccine really helps to boost the health of everyone
the next to follow is people will again go to ordinary routine. Tough but needed to continue.

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December 03, 2020, 02:46:32 PM
 #108

For me 2021 could be a very interesting year for me, its like the new beginning after all the disasters happened this year. How can we say that its going to be a bad year next year when everything will recover from economic loss it would not be an instant but through slow process everything will be back to normal compare to the past pandemics that really brought the world to its knees.
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December 03, 2020, 02:53:55 PM
 #109

Do you have a crystall ball to what will gonna happen by year 2021? In my opinion, this year is the worst because of this pandemic, many people have died, suffered a lot, have lost their jobs and even the economy down fall. Also, their is a good news that soon vaccine will comes out and will be available Although we're close to end of this year, I’m still in positive thoughts that the year 2021 will be good. The economy will recover and people can go back to normal lives.
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December 03, 2020, 07:07:35 PM
 #110

I agree if crypto or Bitcoin looks good in 2021 but why you seem too worried about the world economy? It is too speculative if you stated the world economy will be worse in the next year. In my opinion, all countries have experienced the saddest condition this year. So, the next year should be the time to recover it and improve everything better.
I think there is a legitimate reason to be worried about the next year because during this one governments have printed so much money that inflation is going up very rapidly in many countries and even if the stock market seems like it is reaching new highs and everything is OK, the economy of the world indicates that tens of millions of people have lost their jobs and those jobs are not coming back because those businesses have closed their doors and there is a possibility that the next year this problem compounds and more people lose their jobs and at that point no matter how much money governments print the economy will be beyond salvation.

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December 03, 2020, 07:51:13 PM
 #111

what are you worried about it will not happen if this pandemic ends and this virus is destroyed hope the economy will continue to improve even though many countries are in trouble and this situation is still continuing 2021 there is definitely progress to overcome the worsening economy in various countries there is a cooperation between countries improving the economy in various countries maybe this is also one solution to solve the problem if there is an economic crisis this will be an obstacle for the country to survive something assistance or cooperation between countries will be the best solution to overcome the crisis.
Hopefully there will be, but keep in mind that vaccines aren't medication for the already sick. So what are we hoping for in herw really? I don't want to sound pessimistic but if things go to the dumpster in the medical sector of each cpuntry, we'll have a tough 2021 in our hands to handle.
I agree if crypto or Bitcoin looks good in 2021 but why you seem too worried about the world economy? It is too speculative if you stated the world economy will be worse in the next year. In my opinion, all countries have experienced the saddest condition this year. So, the next year should be the time to recover it and improve everything better.
I think there is a legitimate reason to be worried about the next year because during this one governments have printed so much money that inflation is going up very rapidly in many countries and even if the stock market seems like it is reaching new highs and everything is OK, the economy of the world indicates that tens of millions of people have lost their jobs and those jobs are not coming back because those businesses have closed their doors and there is a possibility that the next year this problem compounds and more people lose their jobs and at that point no matter how much money governments print the economy will be beyond salvation.
This among other reasons are why people think that the world economy is not going to recover that quickly. You can't just control shrinkage by just hiring more people on your company, you gotta make sure that they stay as well. This goes for the world economy too, a fix isn't a fix if it doesn't repair the main problem. And I don't see vaccines as being the repair we were waiting for.
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December 03, 2020, 09:30:22 PM
 #112

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.


To be honest, we should not think negatively and focus on the good things. Even to the fact that 2020 was one of the worst year, we should also be thankful.

Bitcoin had a worst dumped from 10,000 down to approximately 3,000-4,000 again but this event made the world realized that Bitcoin could be a safe haven to this kind of global crisis. This resulted for Bitcoin  to gain support from institutional investors which what was really need to grow the market capitalization. Eventhough bad things happen, be positive because it will always need a good event to make things neutral again.

We cannot predic lt the future, 2021 is still yet to come. What we can do is be prepared for the future.

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December 03, 2020, 10:37:48 PM
 #113

-sniped-
This is not joke its reality


I see nothing but a pessimistic opinion right there. Do check the bolded word, yes its opinion and not a fact. Regardless of what might happen in the future, I believe that there is no one in this whole word that wants panic especially global panic due to all those crazy stuff that you have described so far. Thats nothing more than your pessimistic opinions

The economy overall might not be good and it might be bad for some countries but there wont be any global panic. The stock market might not be doing good but it will definitely hold

R


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December 03, 2020, 11:09:30 PM
 #114


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.

They need to go along with the flows and market transitions otherwise they will be left behind by the other countries who are already accepting cryptos and digitalization. If they remain focusing on paper money, they'll be out from the race.

That's exactly, we need to face the reality and that paper money is less needed this time than acquiring an online mode of payment, and so the banking institutions will do such thing as well. I know that most of us are looking for an easy and fast way mode of transaction.

But I believe that 2021 is much better than in 2020. I have this kind of possibility coz I know that government leaders are also seeing what could be good and beneficial, that adopting the new system is better and acceptable.

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December 03, 2020, 11:11:59 PM
 #115

So we know that we had massive printing all around the world to save the economy after covid lockdowns. This will eventually hit us back especially that there was a lot building being done and we are in a housing bubble that people won't have the money to sustain. How are they going to pay your mortgage if you lost the job during the pandemic? Will people think of buying houses when their jobs aren't secure anymore?

I don't think that we'll see the breakdown in 2021. It's too early. The full force of it will probably come in 2 or 3 years.
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December 03, 2020, 11:12:09 PM
 #116

It's true that currently only cryptocurrencies look good, some businesses experienced a decline in profit and other assets were not
as profitable as cryptocurrency. Moreover, the spread of the corona virus cannot be stopped, this is making the economy even worse.
I also agree that the government will not continue to implement a money printing policy again, because hyperinflation can occur if
solving economic problems only relies on printing money. It is true that 2021 will not look good if it does not immediately seek solutions
to economic problems.

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December 04, 2020, 03:59:59 AM
 #117

It's true that currently only cryptocurrencies look good, some businesses experienced a decline in profit and other assets were not
as profitable as cryptocurrency. Moreover, the spread of the corona virus cannot be stopped, this is making the economy even worse.
I also agree that the government will not continue to implement a money printing policy again, because hyperinflation can occur if
solving economic problems only relies on printing money. It is true that 2021 will not look good if it does not immediately seek solutions
to economic problems.

It's not the right  solution at all, printing new fiat will cause more big problems in the long run, government needs to find
longer solution than trying to have a short one.

With this pandemic where everyone is not ready the only thing that matters is to continue surviving, though vaccines are
already available and chances that it will help to lessen the spread after that economy will start to pump back.


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Spaffin
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December 04, 2020, 12:55:38 PM
 #118

2020 was the worst year ever, pandemic, natural disaster and a lot more happened. The economy crashed really bad and a lot of businesses had to close down, people getting laid-off from work. The vaccine is on its way and let's hope everything will be back to normal and everything will recover. I want to be positive in all aspect this coming year, let's hope the economy recovers and less tragedy will happen.
I believe that 2020 can be not only bad but also the best year for some. The same situation could happen in 2021. At least someone survived the pandemic and is happy about it, and someone became rich thanks to investments in Bitcoin, given the price difference at the beginning and at the end of this year. In addition, in 2021 we really expect the results of halving, and thanks to this, the next year may be the limit of our dreams.

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December 04, 2020, 01:24:55 PM
 #119

I think the economy is starting to recover right now after vaccine found and just left to be distributed.
Although, most of the countries that could handle this pandemic usually are developed countries and the developing countries gonna suffer a lot.

Speaking of crypto market, it seems we really did well in this year, so many things coming up helping bitcoin price to get pumped.
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December 04, 2020, 01:56:21 PM
 #120

The ongoing year is quite good than predicted. When the same is asked with people who haven't known about bitcoin and cryptocurrencies will state this year to be bad for them. Based on the present market situation and the growth expectancy there is increased chance of growth getting forwarded to the year 2021. More special occasions were scheduled for different top listed altcoins in the market. This makes 2021 to be good in my view.

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