Are we really heading towards another financial crisis?

Syakir1989

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Quote from: Financial Freedom 4U on July 23, 2018, 08:54:01 AM

What are the odds that we are really heading towards another financial crisis?

We have every indication to believe that after a 10 year bull run on the stock market, it is time for a collapse. Also due to the fact that this has been a phony recovery enabled mainly through government bailouts, massive depths and money printing we have never seen in history before.

A new financial crisis is likely the result.

I have every reason to believe this and feel the crisis in 2008 was only a light taste for what is coming. This time many governments will not be able to save the failing businesses or banks due to their massive depths.

It is just a logical result after years of quantitative easing (money printing) in combination with creating record high depths that we have never seen before, especially in the US but also many other countries.

Do also some research on the Great Depression and you will find striking similarities to where we are now. Artificially low interest rates for years, inflated stock market and a recently started trade

Financial institutions are aware of these risk and look for alternative asset classes in case the stock market collapses and we head into a bear market and financial collapse.

What are your thoughts on this?

I do not understand the so-called financial crisis but what I know is only the economic crisis ...
can you explain in advance what is a financial crisis ??
because if you don't explain first what is the financial crisis then everyone will not understand what you mean ...

jhonvir666

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Increasingly digital curenncy in the country gradually becomes heavier for banks. even though telecoms want more efficient service in their finances compared to banks in other countries. It is very clear that any bank can get out of work and the cryptocurrecies can best be our choice towards the future of any financial crises that come to us and even hit the world.

maculeth

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BountyMarketCap

I remain in the crypto business. because even if the world economic situation is in crisis or experiencing inflation, then it has no effect on crypto. and we will not accept the impact.

electronicash

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Eloncoin.org - Mars, here we come!

Quote from: Lexurdania on August 07, 2018, 08:39:02 PM

Economic crisis always happen, because government and central banks just want to grow their economic with inflation. Central banks always printing paper money and spreading inflation to all around the world, economic crisis just waiting in time. Bitcoin is like revolutionary monetary system, with limited supply and not controlled by any institution, I am believe if many country use bitcoin monetary system, economic crisis can be avoided

that isn't the case though, financial crisis will affect bitcoin. what the world needs if the unlimited resources to stay up and running. businesses will stop and go bankrupt when financial crisis strikes. unemployment rises and crimes as well. bitcoin will stay but there is no assurance that bitcoin will have a good value while we all are in panic.

Lexurdania

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Economic crisis always happen, because government and central banks just want to grow their economic with inflation. Central banks always printing paper money and spreading inflation to all around the world, economic crisis just waiting in time. Bitcoin is like revolutionary monetary system, with limited supply and not controlled by any institution, I am believe if many country use bitcoin monetary system, economic crisis can be avoided

shiki3226

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Anything is possible. Though I am still hopeful that the cryptomarket can again and be back to its own glory just as before. Changes are inevitable but are not permanent.

Sandra_Skelley

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Sad but true. The financial system we are using is based on that. The system reboots itself every 10 years after a major crisis. Just check your history lessons. In a way, it is good to have a crisis. It causes the bankruptcy of some rich people. On the other hand, other people smartly invest during a crisis and make some big money. This allow them to become millionaire and to enter the elite. As we can see, a financial crisis is just a way to change the financial elite. It is just like a musical chair. It is sad for people who earn so hardly their lives with their daily jobs but the world is so built. We just need to be ready for the new crisis.

Financial Freedom 4U

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Stable coin to make charity free for everyone

Quote from: timerland on August 01, 2018, 02:18:17 AM

Depends on what you consider as a financial crisis.

But really, after a long period of economic growth there will always be troughs. That's how the cycle goes. Even if you don't see the immediate reason for concern, a financial crisis will occur sooner or later. That's what comes with periods of growth without corrections.

I don't know when the next one is going to come, how large the scale is, or even what causes it. But it'll most certainly happen in one form or another, whether hyperinflation, a recession, or anything else. That's why I think it's very important to hedge your assets by investing in an independent decentralized currency, like bitcoin, especially in a scenario where fiat is depreciating overnight on a daily basis.

We are heading towards another banking crisis in my opinion. The banks are broke, governments cannot bail them out as they have record levels of depth, especially in the US. The first banks already show signs of collapsing, just do some research on Deutsche Bank, one of the biggest in the world. They have to let go thousands of employees together, profits are shrinking. Binance makes more profit than Deutsche Bank. Let that sink in for a minute.

el kaka22

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www.Crypto.Games: Multiple coins, multiple games

It all depends on what you call a crisis, are we going towards another financial crisis like 2008 ?
I doubt that, the financial world is a lot safer these days because they know that there will always be a crisis and they are smarter today than they were in 2008 because for the first time in history they got bailed out by the teeth of their profits and they really screwed up insanely so they can't really give out another problem like that.

They really needed this long bull run in order to fix everything but one more big crash and they will not have any money left to continue what they are doing right now, financial business' really want to make money for themselves before anyone else and another crash will destroy them so they will not risk their own pocket for the sake of making more money, they rather keep making decent money than risk their money.

ShineftChaos

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I LOVE ADABS

Quote from: Cacao2017 on August 01, 2018, 02:37:26 AM

We are in a stable period and the current financial crisis has not occurred so let us be more reassured and financially financially as well as we should be safe to invest in long term

In my own opinion, it was really safer to invest for long term if you you have a daily job but if you are using crypto to sustain your daily needs then you need to the volatility of the market to earn profit by trading.

ordeath

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It can be one of two ways, the first option is the global worldwide crash of economy, and the second way is the global acceptance of Bitcoin and cryptocurrencies, integrating of the blockchain in to government, and the global worldwide prosperity.

anntlevel

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Quote from: timerland on August 01, 2018, 02:18:17 AM

Depends on what you consider as a financial crisis.

But really, after a long period of economic growth there will always be troughs. That's how the cycle goes. Even if you don't see the immediate reason for concern, a financial crisis will occur sooner or later. That's what comes with periods of growth without corrections.

I don't know when the next one is going to come, how large the scale is, or even what causes it. But it'll most certainly happen in one form or another, whether hyperinflation, a recession, or anything else. That's why I think it's very important to hedge your assets by investing in an independent decentralized currency, like bitcoin, especially in a scenario where fiat is depreciating overnight on a daily basis.

With the introduction of the crypto currencies in this world, we have started feeling a change and that now things have started getting better especially when it comes to that financial and economic stability of any of the state. If these crypto currencies keep on behaving in a similar way, then we can expect that these currencies will take us out of all the crisis.

Harlot

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I am not seeing a clear scenario where we are headed to a financial crisis yes all the major markets are on a bear market but still a lot of people are buying again this assets rather than staying away from it for good. Unlike people who werr in 2008 where they really pulled out of the market as they are afraid that their capital will lose its value. This is a clear sign were a lot of people are still buying back as they still want to be in the market even though we are on the tough times. But if a financial crisis really happens this would be a good time to buy assets just like what other rich people have done.

Cacao2017

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We are in a stable period and the current financial crisis has not occurred so let us be more reassured and financially financially as well as we should be safe to invest in long term

lungu113

newbie

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In life there are an ups and downs situation that we faced which we need to solve and it's also the same in this industries. We are not heading towards financial crisis.

timerland

hero member

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Depends on what you consider as a financial crisis.

But really, after a long period of economic growth there will always be troughs. That's how the cycle goes. Even if you don't see the immediate reason for concern, a financial crisis will occur sooner or later. That's what comes with periods of growth without corrections.

I don't know when the next one is going to come, how large the scale is, or even what causes it. But it'll most certainly happen in one form or another, whether hyperinflation, a recession, or anything else. That's why I think it's very important to hedge your assets by investing in an independent decentralized currency, like bitcoin, especially in a scenario where fiat is depreciating overnight on a daily basis.

Financial Freedom 4U

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Stable coin to make charity free for everyone

Quote from: 1Referee on July 23, 2018, 10:17:47 AM

The thing with these massive legacy bubbles is that they can keep swelling for many more years, so it's pretty damn difficult to call the pop, but it's only a matter of time in the end.

The only thing I recommend people is to hedge the legacy economy as soon as possible to secure a great part of your wealth. Better safe than sorry.

Bitcoin is the perfect tool for that with how it's easy to obtain, easy to spend, and easy to store, where with Gold you either buy into a paper certificate (which is a worthless piece of paper in my opinion), or you buy the precious metal in physical form that will very likely end up in a safe deposit box within the nearest bank office. I'm obviously biased towards Bitcoin, but people should do what they think is right. If you believe Gold is the better option, then go for it, just make sure you actually do it.

I agree it is very hard to determine when the bubble will pop but eventuall it is unevitable as this can‘t be sustained forever. You mentioned that you recommend people is to hedge the legacy economy. Do you solely refer to the cryptocurrency world or do you advice to actively bet on the legacy markets, for instance going short on the Dow or other indices that represent the legacy economy?

tokenlife

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If we will get into a fiancial crysis then crypto will be a preferable storage of value. But the resutls of crysis could be various as far as we undrestand that it might have huge effect on local economies and currencies.

IfixTchenTchen

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There cannot be any doubt about the fact that we are heading toward a new and BIGGER financial crises, one which could seriously jeopardize the Whole world's financial system. Nobody can tell how it will be, except that it will be really ugly.

coinplus

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Quote from: Financial Freedom 4U on July 23, 2018, 08:54:01 AM

What are the odds that we are really heading towards another financial crisis?

The system is doomed for crisis eventually ever so often but it doesn't mean it needs to be right now. I mean it will be one day but we will never know if it will be tomorrow or 5 years from now. However with the "making money with money" sector continues, there will never be no consistency with this type of bull runs. If it goes up, than it needs to go down in order to get bigger again, it can't go up forever.

Even new revolution and then new employments are happening in lesser numbers now a days, self employment due to lots of other things like blogging, youtube channels and crypto related employments and freelancing works are happening everywhere which will be more than enough things to postpone the another economical crisis. In my view, self-empowerment is happening right away around the world and cryptos are helping to that at the best.

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