Author

Topic: Are we headed for a recession? (Read 617 times)

member
Activity: 518
Merit: 21
January 24, 2019, 04:47:15 AM
#51
This moment actually appears like cryptocurrency recession, everything just became dry and boring, most people holding and looking left and right for rescue motivations and advice. The recession has an rcpiry date, it will soon be over.  And when it Is over we must know that the bright time will not also be for ever.
I agree with you it needs someone like John Mcafee to pump the bitcoin market price to pump up. It needs a huge amount of btc orders so that we can feel a good market price increase. One thing for now probably that because of the current trend where investors were exhausted already with all their resources inputted to cryptocurrency.
member
Activity: 980
Merit: 62
January 24, 2019, 04:29:34 AM
#50
It seems to me that the cryptocurrency is almost not associated with these indicators. Cryptocurrency goes according to its own laws. While the cryptocurrency market has not been fully formed, therefore this indicator cannot be used. At the moment, cryptocurrency is too unpredictable. Moreover, it doesn't look like a stock market. Therefore, my verdict: the cryptocurrency market can go in any direction, regardless of other markets and various indexes.

Indeed the cryptocurrency market has its own laws and trends however as it is connected with the fiat world (without fiat you can't buy Bitcoin), it is somehow correlated with it. For example, if stock interest rates increase I think there will be in effect in bitcoin's price as maybe investors will buy cryptocurrencies due to the same level of risks that are involved in both investments.
newbie
Activity: 27
Merit: 0
January 24, 2019, 03:43:54 AM
#49
Everything will be known in the second half of 2019. If the price of Bitcoin goes up, then we were right, Bitcoin will rise. If the price goes down, then you will need to think about what to do next. Personally, I do not think that the price can go down. Logically, the price should slowly go up, then after the investments of large investors go up sharply.
sr. member
Activity: 1400
Merit: 269
January 24, 2019, 02:52:53 AM
#48
The stock market doesn't look good and potentially could go a lot further as TA indicators and trading experts are warning us. The dow jones price might crash and enter a bearish cycle that could trigger another great depression where interest rates were skyrocketing and people were drowning in debt due to this. I suggest to quickly get out and convert your money to btc, gold or copper.
sr. member
Activity: 1246
Merit: 255
January 23, 2019, 09:50:45 PM
#47
This moment actually appears like cryptocurrency recession, everything just became dry and boring, most people holding and looking left and right for rescue motivations and advice. The recession has an rcpiry date, it will soon be over.  And when it Is over we must know that the bright time will not also be for ever.
member
Activity: 476
Merit: 10
CAT.EX Exchange
January 23, 2019, 08:29:55 PM
#46
This is what i notice every end month of the year, there is a greater chance that the market would dump due to the holidays. But i don't think that the market would do the same just like last year that it keeps on decreasing the price as we move to another months of bearishness. We had enough of this bearish markets but i don't know when would the bull run starts.
maybe in 2019 the demand for bitcoin will increase seeing the number of countries experiencing inflation, such as Turkey and Iran because of some big country policies like America, things like this can cause businesses to divert payments they use bitcoin to avoid sustainable inflation, things like this also happens in some countries because the American vs. Chinese trade war and their currency wars can cause the fall of currencies from countries with small economies, this can cause businesses to look for alternative currencies, and I think bitcoin can be a very suitable choice , so there will be a surge in bitcoin demand this year.
member
Activity: 339
Merit: 15
January 23, 2019, 07:45:51 PM
#45
I think we are heading to recession and I like it.
Because its very likely one recession to bring a bull crypto market while lowering the real estate prices. While 90% of my finance power is in crypto, if one recession bring down the real estate prices significantly, I'm willing to transfer 2/3 of my wealth there.
So you like to see the legacy economy suffer just for the purpose of boosting your insignificant crypto portfolio? Not cool. The very fact that 90% of your portfolio sits in crypto is already a bad start.

I hope for you it's in Bitcoin and not whatever random shitcoin or ICO token. Another thing is that people tend to discard the possibility of a market wide recession, where every asset including gold and crypto plummet.

I rather see Bitcoin gain back its momentum within a healthy legacy market, because we don't need it to underperform to have Bitcoin stand out. It exploded during 2017 with a very strong legacy market....

Every 10-20 years there is a recession. The last one was 2008 and the markets are burning now, Trump is heading a trade war with China, Russian are under sanctions for years now, Turkey (the 2nd army in NATO) is in intense relations with US and so on and so on.

My 90% are in crypto, because I made it through crypto. Now I want to transfer it into physical  investments like real estates and what is the better time to buy than recession?

The recession is long overdue. It could happen anytime now but something is keeping it at bay. It is quite possible that there will be Quantitive easing number 4 to reduce the economic stress and postpone the market crash.

It is also possible that government is waiting for cryptocurrencies to become more stable and established so they can all move from fiat to crypto.

PS. I received an ad flyer yesterday, from a company who buys gold, silver, platinum, antiques, arts, and anything of value from regular people. They are all buying it out for a nice amount of cash. I am in Switzerland just for the reference.
If that is not a sign that something is about to happen, I don't know what is.


legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
January 22, 2019, 04:39:05 PM
#44
I think we are heading to recession and I like it.
Because its very likely one recession to bring a bull crypto market while lowering the real estate prices. While 90% of my finance power is in crypto, if one recession bring down the real estate prices significantly, I'm willing to transfer 2/3 of my wealth there.
So you like to see the legacy economy suffer just for the purpose of boosting your insignificant crypto portfolio? Not cool. The very fact that 90% of your portfolio sits in crypto is already a bad start.

I hope for you it's in Bitcoin and not whatever random shitcoin or ICO token. Another thing is that people tend to discard the possibility of a market wide recession, where every asset including gold and crypto plummet.

I rather see Bitcoin gain back its momentum within a healthy legacy market, because we don't need it to underperform to have Bitcoin stand out. It exploded during 2017 with a very strong legacy market....

Every 10-20 years there is a recession. The last one was 2008 and the markets are burning now, Trump is heading a trade war with China, Russian are under sanctions for years now, Turkey (the 2nd army in NATO) is in intense relations with US and so on and so on.

My 90% are in crypto, because I made it through crypto. Now I want to transfer it into physical  investments like real estates and what is the better time to buy than recession?
member
Activity: 518
Merit: 21
January 22, 2019, 04:53:49 AM
#43
yeah it's clear, that not only crypto experiences ups and downs, but almost all valuable investment assets will definitely experience ups and downs. and now we wait for the bull run.
I do not think that the word bull run is appropriate for the present market. We are still in the bear market and this is why crypto market price was having a hard time to recover. The problem is only few investors are going back to investing which means that others are still waiting and carefully assessed the situation before they will made a decision to invest. Probably the market states that cryptocurrency will going to end or will take another bull run. Either way investors are more aware to this and very careful also.
full member
Activity: 686
Merit: 104
January 22, 2019, 03:40:22 AM
#42
yeah it's clear, that not only crypto experiences ups and downs, but almost all valuable investment assets will definitely experience ups and downs. and now we wait for the bull run.
newbie
Activity: 34
Merit: 0
January 22, 2019, 03:01:49 AM
#41
It seems to me that the cryptocurrency is almost not associated with these indicators. Cryptocurrency goes according to its own laws. While the cryptocurrency market has not been fully formed, therefore this indicator cannot be used. At the moment, cryptocurrency is too unpredictable. Moreover, it doesn't look like a stock market. Therefore, my verdict: the cryptocurrency market can go in any direction, regardless of other markets and various indexes.
full member
Activity: 1526
Merit: 111
Pepemo.vip
January 22, 2019, 02:07:21 AM
#40
I think we are heading to recession and I like it.
Because its very likely one recession to bring a bull crypto market while lowering the real estate prices. While 90% of my finance power is in crypto, if one recession bring down the real estate prices significantly, I'm willing to transfer 2/3 of my wealth there.
So you like to see the legacy economy suffer just for the purpose of boosting your insignificant crypto portfolio? Not cool. The very fact that 90% of your portfolio sits in crypto is already a bad start.

I hope for you it's in Bitcoin and not whatever random shitcoin or ICO token. Another thing is that people tend to discard the possibility of a market wide recession, where every asset including gold and crypto plummet.

I rather see Bitcoin gain back its momentum within a healthy legacy market, because we don't need it to underperform to have Bitcoin stand out. It exploded during 2017 with a very strong legacy market....
It is pretty cool to see bitcoin/crypto market grows with ease and not just by a hype.  Cause if we remember last 2017, many were get into losing after a huge pumps happen and I don't want the people suffer again.
It is gonna be a trap for a hungry monkey, and now they are too much hunger again.
therefore we must know the way of their thoughts, so that they do not become bananas for their food. many have lost money in 2018, especially for those who have the expectation to get money easily, and finally they are complacent and become the food of the monkeys, for this year I think it is like evolution, where those who survive will get a reward later
legendary
Activity: 2436
Merit: 1362
January 21, 2019, 04:31:15 PM
#39
I just read today that there are a number of factors which could feed
a recession, trade wars between china and the US, carbon taxes to be
possibly implemented by Canada, slowing global economies particularly
in china and the EU.

https://www.irishexaminer.com/breakingnews/business/eurozone-recession-fears-on-the-rise-898571.html

https://www.cbc.ca/news/canada/toronto/doug-ford-carbon-tax-recession-1.4986683

https://www.reuters.com/article/us-japan-economy-poll/japan-recession-risk-rises-on-us-china-trade-war-global-slowdown-reuters-poll-idUSKCN1PF0B0

full member
Activity: 784
Merit: 123
January 21, 2019, 03:59:50 PM
#38
I think we are heading to recession and I like it.
Because its very likely one recession to bring a bull crypto market while lowering the real estate prices. While 90% of my finance power is in crypto, if one recession bring down the real estate prices significantly, I'm willing to transfer 2/3 of my wealth there.
So you like to see the legacy economy suffer just for the purpose of boosting your insignificant crypto portfolio? Not cool. The very fact that 90% of your portfolio sits in crypto is already a bad start.

I hope for you it's in Bitcoin and not whatever random shitcoin or ICO token. Another thing is that people tend to discard the possibility of a market wide recession, where every asset including gold and crypto plummet.

I rather see Bitcoin gain back its momentum within a healthy legacy market, because we don't need it to underperform to have Bitcoin stand out. It exploded during 2017 with a very strong legacy market....
It is pretty cool to see bitcoin/crypto market grows with ease and not just by a hype.  Cause if we remember last 2017, many were get into losing after a huge pumps happen and I don't want the people suffer again.
It is gonna be a trap for a hungry monkey, and now they are too much hunger again.
legendary
Activity: 1526
Merit: 1179
January 21, 2019, 03:35:42 PM
#37
I think we are heading to recession and I like it.
Because its very likely one recession to bring a bull crypto market while lowering the real estate prices. While 90% of my finance power is in crypto, if one recession bring down the real estate prices significantly, I'm willing to transfer 2/3 of my wealth there.
So you like to see the legacy economy suffer just for the purpose of boosting your insignificant crypto portfolio? Not cool. The very fact that 90% of your portfolio sits in crypto is already a bad start.

I hope for you it's in Bitcoin and not whatever random shitcoin or ICO token. Another thing is that people tend to discard the possibility of a market wide recession, where every asset including gold and crypto plummet.

I rather see Bitcoin gain back its momentum within a healthy legacy market, because we don't need it to underperform to have Bitcoin stand out. It exploded during 2017 with a very strong legacy market....
legendary
Activity: 1316
Merit: 1004
FRX: Ferocious Alpha
January 21, 2019, 10:05:38 AM
#36
I think we are heading to recession and I like it.
Because its very likely one recession to bring a bull crypto market while lowering the real estate prices. While 90% of my finance power is in crypto, if one recession bring down the real estate prices significantly, I'm willing to transfer 2/3 of my wealth there.
full member
Activity: 504
Merit: 100
January 21, 2019, 07:31:32 AM
#35
maybe you are right, the crypto price doesn't follow the stock price,
I think the crypto price on the market will go down at Christmas, because I think many people sell crypto to buy presents on Christmas day, but not, and the crypto price rises even though only slightly.
member
Activity: 456
Merit: 15
December 29, 2018, 03:46:45 AM
#34
Yes, this recession is not simple. Politicians are aware of the crisis. This is an unprecedented crisis. This 100-year economic crisis will break out at any time. When the financial crisis broke out, the dollar will fall and the global capital market will re-enter good development. This may last for ten years.
full member
Activity: 700
Merit: 100
December 28, 2018, 06:45:11 PM
#33

What role will the cryptocurrency market play in all of this?

We all know how it all works the same but is not relative to one another. Crypto is decentralized while all these stocks are centralized or are being monitored by a big body. We really need to stop thinking they are indeed correlated or one has to do with the others. They all just work the same way but will never meet each other.
hero member
Activity: 2184
Merit: 531
December 28, 2018, 03:30:30 PM
#32
There is no real connection between the cryptocurrency market and the stock exchange. The price of real commodities does not seems to affect the price of cryptocurrencies as well.

There is because people who are investing in stocks are getting more and more interested in cryptocurrencies. We can't be sure that if stocks crash Bitcoin will pump because we don't know what alternatives will stock investors choose for their money. It can be Bitcoin, but it can also be something else like gold. I'd still choose Bitcoin because gold is getting old and boring.
jr. member
Activity: 294
Merit: 1
December 28, 2018, 03:11:04 PM
#31
There is no real connection between the cryptocurrency market and the stock exchange. The price of real commodities does not seems to affect the price of cryptocurrencies as well.
member
Activity: 420
Merit: 20
simply getting the job done
December 28, 2018, 01:29:56 PM
#30
I do not know what role cryptocurrency can play in the future global crisis, but I do not think that the role will be significant. Cryptocurrencies still occupy a very small role in the global financial system. And in the current situation is generally tiny. Regarding the impending global crisis, I believe that it will be in 2020. All crises come when most are confident that everything is going well. ) The indicator will be the stock market. When there will be good news and quarterly reports, but stock quotes will stop growing, you will need to think about how to protect your assets. This is the first sign of a crisis. Personally, I buy gold and cryptocurrencies, as well as dollars and euros.
member
Activity: 980
Merit: 62
December 28, 2018, 12:40:31 PM
#29
The global economy is doing really great for the past year or two. I truly believe that there will be a recession in the coming years and that it is very close. Everything has its ups and downs and this happens with economies as well. I don't mind, as I am full on crypto and if a recession happens I think that more people will start noticing and reading about Bitcoin in order to avoid inflating trends.
legendary
Activity: 1302
Merit: 1037
December 28, 2018, 12:02:12 PM
#28
We are IN a recession, if you fail to see that but I have some bad news for you in that case. Look at the world right now, look at all the tiny countries compared to huge countries like UK and USA and so forth. The likes of Venezuela, Somalia, Pakistan and so forth, those tiny countries are having the worst years of their existence, they are not at war or they are not fighting with anyone but their economy is going so bad that people are LOSING WEIGHT from lack of resources.

Look at middle type countries like Italy, Greece, Turkey and so forth, they are having crisis about their debts and prices of everything goes higher and many big companies bankrupted and its really dangerous for them but it looks like they will all turn into Venezuela type of world if they can't find a solution soon.

Look at huge ones like France, UK, USA and so forth, France already have a lot of fight going on inside because of economical issues, that's right there is resistance fighting the government FOR ECONOMIC REASONS, UK is just a chaotic kid right now talking about brexit while living in London is so hard the educated population is getting less and less there because its easier to find jobs somewhere else while being capable of affording. USA I don't even have to talk about.

World is in a recession, we are on the brink of bankrupting as a whole world.
legendary
Activity: 1652
Merit: 1000
December 28, 2018, 01:33:47 AM
#27
I don't know about other country but currently i was watching economy situations in my country that people's purchasing power is declining and unemployee increasing and build new business is not profitable anymore because as i was mentioned above but crypto also cannot help too much because almost a year crypto investors and traders also cannot get decent profit and maybe yes we are headed for a recession
legendary
Activity: 1232
Merit: 1029
December 28, 2018, 01:26:44 AM
#26
There will be plenty of chances for world economy to enter into another round of recession after 2008. World economic always needs some new industrial innovations so that new jobs and new level of productions will be carried out so that it will be finding its continuous growth otherwise we may enter into the recession time to time.

This time, I believe I will not need to worry about losing my job or inflation in my country (due to any possible recession). Because I'm having some bitcoin saving and I believe that will be more than enough to overcome for time being like finding another way of income generations. In 2008, I lost my job due to recession triggered lay off.


Some off-topic yer you may find interesting : I'm always thinking why is MR.Satoshi has developed bitcoin systems in 2009. Probably he must have suffered something in the recession by the year 2008. To have some solution, he must have invented bitcoin Wink.
full member
Activity: 644
Merit: 100
December 28, 2018, 01:16:50 AM
#25
I think the crypto currency market cannot be equated with the stock market, because both of them have their own forms and ways of working which cannot be equated, so the factors that affect the price movement are also different, if the stock market can be easily predicted this does not apply to the eye market crypto money, especially bitcoin which has a halving day cycle and that has a profound effect on the crypto currency market
full member
Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
December 28, 2018, 01:09:53 AM
#24
its hard to predict economic situation in 2019. If The Fed keep increasing interest rate, maybe economic crisis happen around the world because US Dollar coming back to home. Maybe it not related with cryptomarket but i think crypto price maybe increasing because investor must be searching an alternative investment
legendary
Activity: 3512
Merit: 4557
December 27, 2018, 11:43:25 PM
#23
Stock market had a nice 10-year bull market. That party is over.

Nothing has changed since 2008.

hero member
Activity: 3052
Merit: 651
December 27, 2018, 11:10:24 PM
#22
The connection would be investors looking for another option to where their money will be safer and makes better profit.

We will just have to wait for that.
They have their financial analysts to do those kind of jobs for them and what could be the one on the frontlines.
Yeah, it will be cryprocurrencies.

Looks like the investing market will be all down this year. What could be the real reasons about all of this. That is what I want to know. Digging deeper.
hero member
Activity: 1526
Merit: 596
December 27, 2018, 08:33:16 PM
#21
Quote
Are we heading in for another recession or Quantitive Easing 4?

Quite possibly.

As you say, the traditional markets have cooled down quite a bit. While it is still unknown whether or not a bear market will actually happen in stocks, bonds, and real estate, it is quite clear that growth in previous years simply can't be sustained.

Quote
What role will the cryptocurrency market play in all of this?

Unlike stocks, I think that crypto isn't influenced as much by central banks, financial crises, and anything relating to the fiat system in general. There are some people who expect bitcoin to go down along with the stock market, if a recession does hit, but I don't see any correlation between the two markets fundamentally to say that would happen. On the contrary, people may buy into bitcoin in these times in order to diversify their holdings out of the traditional markets, and treat it as a long term store of value. Just like how gold was massively bought after the 2008 crisis.
full member
Activity: 322
Merit: 114
December 27, 2018, 11:08:32 AM
#20
The stock market really doesn't affect the crypto market so much. Our market is decided by an organization and the stock market is made up of investors in the world.
That is the difference and we cannot compare the crypto and stock markets. We are definitely going to a recession because fiat money is always inflated every year.

If fiat money were inflated every year then crypto should be in permanent bullishness. QE doesn't make it so that bitcoin value is always increasing, at least not in the short term. The crypto market is also not decided by an organization so I'm not sure where you got that from.
member
Activity: 339
Merit: 15
December 27, 2018, 06:57:52 AM
#19
The stock market really doesn't affect the crypto market so much. Our market is decided by an organization and the stock market is made up of investors in the world.
That is the difference and we cannot compare the crypto and stock markets. We are definitely going to a recession because fiat money is always inflated every year.

Instead of recession, there could be a transition from fiat to crypto
sr. member
Activity: 1498
Merit: 374
Leading Crypto Sports Betting & Casino Platform
December 26, 2018, 09:05:15 AM
#18
I definitely think the Stock markets are long overdue for a correction and all the bad political decisions like Brexit and also the trade wars are not helping the situation. I personally think 2019 are going to be a bad year for all Stock exchanges and investors are going to shift their investments to safe havens soon.

Bitcoin will also be negatively impacted by the global economic situation and we might see a lower price than $3000, if the Bitcoin ETF is not approved by the SEC.  Angry
Stock market is soon to crash again, and that is why many investors are selling their stocks on the last quarter of 2018. Our local market is not doing good also, but of course if you are long term investor your money will still be good if its placed in a great companies. Bitcoin is affected by everything, and even a small issues can be a big problem in cryptomarket. Hopefully this long overdue ETF will finally approved by SEC, so the market will pump high again.
[/quote

 Stock Market is having some problem as it shows down turn on the market. I don't agree that we are on the way to recession.. and yes, crypto market is not following the same trend. The recent up and down on crypto price as posted was due to some issues confronting the crypto, once it resolved we can see a more favorable market trend in the coming 2019.
sr. member
Activity: 798
Merit: 268
December 26, 2018, 08:32:24 AM
#17
I definitely think the Stock markets are long overdue for a correction and all the bad political decisions like Brexit and also the trade wars are not helping the situation. I personally think 2019 are going to be a bad year for all Stock exchanges and investors are going to shift their investments to safe havens soon.

Bitcoin will also be negatively impacted by the global economic situation and we might see a lower price than $3000, if the Bitcoin ETF is not approved by the SEC.  Angry
Stock market is soon to crash again, and that is why many investors are selling their stocks on the last quarter of 2018. Our local market is not doing good also, but of course if you are long term investor your money will still be good if its placed in a great companies. Bitcoin is affected by everything, and even a small issues can be a big problem in cryptomarket. Hopefully this long overdue ETF will finally approved by SEC, so the market will pump high again.
member
Activity: 459
Merit: 10
December 26, 2018, 07:55:30 AM
#16
The stock market really doesn't affect the crypto market so much. Our market is decided by an organization and the stock market is made up of investors in the world.
That is the difference and we cannot compare the crypto and stock markets. We are definitely going to a recession because fiat money is always inflated every year.
full member
Activity: 322
Merit: 114
December 26, 2018, 07:53:05 AM
#15
Dow Jones is down to $21K from all-time high $26K.

Experts predicted the market crash in 2015. when the stock market was down by 11%. The recession did not happen.
Experts predicted the market crash in 2016. when the stock market was down by 10%. The recession did not happen.

Today the market is down -18% and there does not seem to be any signs of slowing down.

Recently the US FED raised the interest rates from 2% to 2.5% within just 4 months.

Crypto market seems like it is not strictly following the trend of the stock market.
Christmass time has given a crypto market a new hope by going from $100B to $146B market capitalization with Bitcoin going from $3.2K to $4.2K within days.


Are we heading in for another recession or Quantitive Easing 4?

What role will the cryptocurrency market play in all of this?

The stock market may be in turmoil but a lot of other indicators are still fairly strong. I'm of the belief that there won't be a major recession for another 5+ years.

Crypto won't play any role in this, it will play a role in crypto but not vice versa.
legendary
Activity: 2618
Merit: 2304
December 26, 2018, 07:00:22 AM
#14
I definitely think the Stock markets are long overdue for a correction and all the bad political decisions like Brexit and also the trade wars are not helping the situation. I personally think 2019 are going to be a bad year for all Stock exchanges and investors are going to shift their investments to safe havens soon.

I think that the fundamental reasons are ready for heading a recession of the global economy in 2019. The FED continues to increase the interest rates, so there are no more cheap dollars. Maybe this is deliberate actions to win a trade war against other countries.


Bitcoin will also be negatively impacted by the global economic situation and we might see a lower price than $3000, if the Bitcoin ETF is not approved by the SEC.  Angry

Let Bitcoin do not fall below $3000. In general, rich people invest their extra money in the crypto currency market, so they will cash out the purchased coins as fast as they can if serious troubles arise on traditional stock markets.
hero member
Activity: 3010
Merit: 666
December 26, 2018, 06:47:02 AM
#13
If it will bring positive effect to crypto then I would like to make it happen.

Crypto is the new money in the future, so it will be a great investment now, if investors will transfer their money to crypto, this would save us and we might see an early bullish price movement, it's what we are waiting anyway so I hope it will happen soon.

Crisis can happen anytime, this would affect people but just like some countries where inflation rate is so high, bitcoin is here to save them.
jr. member
Activity: 98
Merit: 2
December 26, 2018, 03:20:15 AM
#12
The recession of the stock markets has no effect on the cryptocurrency market in anyways,the stocks at the moment isn't doing good at all,and I do not actually see it improving that much I must say, some measures are desperately needed to save the stock market from collapsing
The bitcoin market on the other hand has been on the decline since the turn out of the year, was even looking to go far below expectations but it's been a week of improvement and it'll run out till the close of the year, with new policies coming into play in 2019,it could be a golden year
member
Activity: 434
Merit: 10
December 26, 2018, 02:50:50 AM
#11
The economic recession has entered since the beginning of this year. If the intervention of politicians has not been regulated, the economic crisis has already arrived in advance, and now the economic crisis may erupt at any time in the world. This is the economic crisis once in a hundred years.
legendary
Activity: 3542
Merit: 1965
Leading Crypto Sports Betting & Casino Platform
December 26, 2018, 02:23:59 AM
#10
I definitely think the Stock markets are long overdue for a correction and all the bad political decisions like Brexit and also the trade wars are not helping the situation. I personally think 2019 are going to be a bad year for all Stock exchanges and investors are going to shift their investments to safe havens soon.

Bitcoin will also be negatively impacted by the global economic situation and we might see a lower price than $3000, if the Bitcoin ETF is not approved by the SEC.  Angry
hero member
Activity: 1666
Merit: 753
December 26, 2018, 02:21:25 AM
#9
With continued growth pretty much throughout the last decade, there has been a lot of talk about a recession coming through. To me, it's also only a matter of time before the stock markets adjust, and real estate bubbles once again burst in countries like China, Australia etc.

And everyone knows that any period of continued growth will be followed by a recession. And I think we definitely may be close to one right now. Whether this is coming in months, or years is completely unknown, though.

What people can do in my opinion without knowing exactly when the recession is hitting is diversifying their portfolios. It makes sense for crypto to outperform traditional asset classes such as stocks and real estate within a time of recession, since bitcoin is independent of the entire fiat system which will be hit the hardest. It'll serve somewhat as a safe haven asset, like gold, within the next recession, as people know that it is decentralised, and that central banks simply cannot influence the supply of bitcoins within the market. That's my take on it.
legendary
Activity: 2114
Merit: 1023
Oikos.cash | Decentralized Finance on Tron
December 26, 2018, 01:52:17 AM
#8
I believe so because wages are not going up and yet rents, bills, and food prices are all on the rise. I live in Cyprus and I have seen the price of rents double in less than four years but the wages haven't gone up at all, so how do you compute this? I have seen food prices go up even more and as we are an Island, all imported food is so expensive, but even locally grown vegetables are getting pricey. I think the poor now are getting poorer and the middle class is struggling. The only thing here in Cyprus is that some people are lucky and they bought land cheap years ago and they do these phat weddings so many of the kids got their own homes when they get married, but in general life is getting harder everywhere.
hero member
Activity: 3150
Merit: 937
December 26, 2018, 01:43:11 AM
#7
I wouldn't call this a recession.It's just the burst of all the bubbles that were caused by the Federal reserve during the past years.Yes,crypto is one of those bubbles.Interest rates will have to go up.The "easy money" monetary policy will have to stop(but i'm not sure it will).Oil and stocks are going down.Real estate will soon collapse as well.There's nothing to worry about. Grin
copper member
Activity: 141
Merit: 1
API-Based Smart Contract Solution For Exch Hacking
December 26, 2018, 12:20:03 AM
#6
Not really, with the threat of shut down in Washington, withdrawal of US troops in Syria and other places there is some nervousness in the market. Add the trade wars to that and you'll find a certain uncertainty that drives volatility in the market.
hero member
Activity: 2646
Merit: 686
December 25, 2018, 10:29:29 PM
#5
Dow Jones is down to $21K from all-time high $26K.

Experts predicted the market crash in 2015. when the stock market was down by 11%. The recession did not happen.
Experts predicted the market crash in 2016. when the stock market was down by 10%. The recession did not happen.

Today the market is down -18% and there does not seem to be any signs of slowing down.

Recently the US FED raised the interest rates from 2% to 2.5% within just 4 months.

Crypto market seems like it is not strictly following the trend of the stock market.
Christmass time has given a crypto market a new hope by going from $100B to $146B market capitalization with Bitcoin going from $3.2K to $4.2K within days.


Are we heading in for another recession or Quantitive Easing 4?

What role will the cryptocurrency market play in all of this?

Hey I don't think recession is coming, it's a bear phase and all assets have been effected by it. I believe the fed chief erred in the recent rate hike, and I felt it has done considerable damage I hope they do not raise it again for a while. Also another reason is USA government is on a partial shutdown, and there's no solution in sight as the President wants a wall and he's not getting one. As far the cryptos are concerned they never mirror the stock market, they're in a different league so can't predict how crypto market will go ahead.
legendary
Activity: 2128
Merit: 1293
There is trouble abrewing
December 25, 2018, 09:52:04 PM
#4
the "experts" have been expecting a recession for years now. it is mostly human nature to want the (recent) history to repeat itself. on one hand i think it is too soon for a big recession to be repeated, on the other hand there are signs of it out there.
although we won't know for sure, it needs some insider information and a lot of research to see whether things are really as bad underneath or are they just pretty bad like they always are.

as for bitcoin and cryptocurrencies, i always say that bitcoin is a completely separate market which is a different beast. although we may see a lot of manipulation in it in case of a recession and a lot of panic buys or panic sells. in short we may see chaos.
full member
Activity: 759
Merit: 105
December 25, 2018, 04:57:53 PM
#3
This is what i notice every end month of the year, there is a greater chance that the market would dump due to the holidays. But i don't think that the market would do the same just like last year that it keeps on decreasing the price as we move to another months of bearishness. We had enough of this bearish markets but i don't know when would the bull run starts.
sr. member
Activity: 1624
Merit: 250
December 25, 2018, 04:37:49 PM
#2
Christmass time has given a crypto market a new hope by going from $100B to $146B market capitalization with Bitcoin going from $3.2K to $4.2K within days.
We can see that Christmas already started to affect the price but if the prices were green, the color harmony of Christmas would be broken, RED fits better.  Wink

What role will the cryptocurrency market play in all of this?
I do not think there is a connection between them. Indeed we have seen this in the last stock market decrease but the only similarity is that they are the commercial assets.
member
Activity: 339
Merit: 15
December 25, 2018, 01:19:00 PM
#1
Dow Jones is down to $21K from all-time high $26K.

Experts predicted the market crash in 2015. when the stock market was down by 11%. The recession did not happen.
Experts predicted the market crash in 2016. when the stock market was down by 10%. The recession did not happen.

Today the market is down -18% and there does not seem to be any signs of slowing down.

Recently the US FED raised the interest rates from 2% to 2.5% within just 4 months.

Crypto market seems like it is not strictly following the trend of the stock market.
Christmass time has given a crypto market a new hope by going from $100B to $146B market capitalization with Bitcoin going from $3.2K to $4.2K within days.


Are we heading in for another recession or Quantitive Easing 4?

What role will the cryptocurrency market play in all of this?
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