Big Crash coming - page 33. | Bitcointalksearch.org

xIIImaL

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Quote from: Pitchblackroom on October 27, 2016, 10:31:39 PM

The question now is that if we do get another crash in our financial markets, will Bitcoin go up or down. However wouldn't bitcoin go up when people have less fate with the stock market? Since this is due to Bitcoin being more of a commodity than anything.

I do not know how you are speculating that bitcoin will not go up. Here value, adoption and all other criteria showing that bitcoin rising day by day with its potential. Nearly 50$ plus from last month to present in the price chart.

mirakal

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Leading Crypto Sports Betting & Casino Platform

Quote from: cjmoles on October 27, 2016, 11:09:26 PM

Quote from: Pitchblackroom on October 27, 2016, 10:31:39 PM

The question now is that if we do get another crash in our financial markets, will Bitcoin go up or down. However wouldn't bitcoin go up when people have less fate with the stock market? Since this is due to Bitcoin being more of a commodity than anything.

I don't think so because where are people going to get the money to buy bitcoin? I think that it would be bad all the way around if there were another global depression, which a crash of the US dollar would surely precipitate. I think that if such an event actually occurred, the physical bartering of goods and services would become the preferred method of exchange because confidence would be lost in the current systems.

Definitely bitcoin is not gold as others are thinking, it is just a system that we are using to transact online for our needs and wants but the core system are widely dependent in fiat and if dollar crash it will greatly be affected since people are using fiat to trade their bitcoins. It will still boils down that fiat is still more powerful.

cjmoles

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Quote from: Pitchblackroom on October 27, 2016, 10:31:39 PM

The question now is that if we do get another crash in our financial markets, will Bitcoin go up or down. However wouldn't bitcoin go up when people have less fate with the stock market? Since this is due to Bitcoin being more of a commodity than anything.

I don't think so because where are people going to get the money to buy bitcoin? I think that it would be bad all the way around if there were another global depression, which a crash of the US dollar would surely precipitate. I think that if such an event actually occurred, the physical bartering of goods and services would become the preferred method of exchange because confidence would be lost in the current systems.

Pitchblackroom

sr. member

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The question now is that if we do get another crash in our financial markets, will Bitcoin go up or down. However wouldn't bitcoin go up when people have less fate with the stock market? Since this is due to Bitcoin being more of a commodity than anything.

cjmoles

legendary

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Quote from: ?? on ??

Quote from: Milkduds on October 27, 2016, 05:48:43 PM

Thxe economy will not fall in the manner that a lot of conspiracy folks picture it to fall. It will be gradual and slow like we have been since 2008.
Fall never came and the governments floated and tread water in hopes they could some how scrath their way up.

Now if you look at the digital currency world as the governments want it to be,you can picture how easy it would be for them to add negative interest rates.
They know people will pull out in mass from their banks and horde money,so having a digital currency will allow them to just hit you whenever they need to.
You can see the movement towards more and more control and its always a steady push instead of sudden jolt. Like a crab in a pot,it slowly gets the heat raised on it!

Conspiracy folks usually have something to sell. That's why they always come back with end of the world calls:
"OMG the world is going to fall apart next month, buy my book / report / products if you want to know how to survive" Roll Eyes

True....But, it is always safer to be aware of the possibilities. I mean, the big crash that started in '29 didn't come without it's warnings but those who recognized the signs and got out early managed to do better than most. When the shoeshine boy's giving you trading tips, it's time to get out of the market! (http://www.exploringmarkets.com/2014/11/how-joe-kennedy-avoided-stock-market.html)

Shiroslullaby

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Activity: 434

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BOE Buys About 2 Billion Pounds of Company Debt in Brexit Buffer-
http://www.bloomberg.com/news/articles/2016-10-27/boe-buys-about-2-billion-pounds-of-company-debt-in-brexit-buffer

"The BOE has already spent about 20 percent of a budget intended to last 18 months as it seeks to hold down borrowing costs and spur investment amid uncertainty caused by the U.K.’s vote to leave the European Union."

Bond Market’s Slide Deepens as Traders Waken From Stimulus Coma
http://www.bloomberg.com/news/articles/2016-10-27/european-bonds-slide-as-robust-u-k-growth-data-triggers-selloff

"Global bonds plunged as investors reconsidered how much longer central banks in advanced economies will maintain exceptional monetary policy."

Theres not a lot of good financial news on the Bloomberg site right now LOL. Undecided

Milkduds

full member

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The economy will not fall in the manner that a lot of conspiracy folks picture it to fall. It will be gradual and slow like we have been since 2008.
Fall never came and the governments floated and tread water in hopes they could some how scrath their way up.

Now if you look at the digital currency world as the governments want it to be,you can picture how easy it would be for them to add negative interest rates.
They know people will pull out in mass from their banks and horde money,so having a digital currency will allow them to just hit you whenever they need to.
You can see the movement towards more and more control and its always a steady push instead of sudden jolt. Like a crab in a pot,it slowly gets the heat raised on it!

Financial_Genius

sr. member

Activity: 364

Merit: 250

Quote from: abs350 on January 01, 2016, 11:15:43 AM

Just to let you guys know a big crash is coming in 2016 in the economy. There is going to be a huge financial crisis but it will be worse than 2009.

The bitcoin price will skyrocket to over $10,000. However bitcoin will be banned in all western countries. If you are reading this living in the west you should make preparations to move to Russia or China they are the only places you will be safe owning bitcoins.

The crisis will be so big it will destroy entire countries and in 2017 there will be a civil war in the USA, UK and western europe. After this the world will never be the same again it will change so much by 2020 it will be unrecognizable compared to today.

The latest version of Bitcoin Bitcoin 0.5.1 and 0.5.2 contain a large number of improvements, aimed at accelerating the program and add some rpc functions. Also improved handling of small payments, down to 0.0001 BTC and fixed some minor bugs of the processing addresses of the counterparties, in some cases leading to a complete hang. Starting with version 0.4.0 the major security improvements were not. According to many representatives of the bitcoin industry and a new currency is becoming more attractive to the world's largest banks and financial institutions. Blockchain technology has become the object of attention for the banking sector and the stock markets are witnessing a flourishing trading bitcoin.

karabasss

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Quote from: pooya87 on October 27, 2016, 12:35:10 AM

Quote from: Facinat on October 26, 2016, 01:44:56 PM

Quote from: ?? on ??

Quote from: 20kevin20 on October 25, 2016, 03:30:32 PM

So many people have told me it's imminent. I've been preparing for it since 2012, and now maybe it's the time to use what I have acquired in such a long time. I wish I never had to, but it looks like the bad times are coming Sad

Really you had acquired and holding bitcoins since 2012? I think that is already enough and I don't know the exact price of bitcoin way back that year. For sure that is already enough to make you some profit if you are going to sell it today. But why you are going to sell that because of this false alarm? You can still keep that.

There is no need to go back that far. If you bought the bitcoin in August last year around $200, you have made decent profits.

exactly, i have also bought last year in the depression days of $200 and now i am in a lot of profit. the thing is that you should always buy when there is nothing happening if you want to make a long term investment.

when everybody is talking about bitcoin price and the moon it is already late for the maximum profit.

And maybe it's too late. Bitcoin is unpredictable. The price for it is growing for several years. I believe that you can still invest in Bitcoin

pooya87

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Quote from: Facinat on October 26, 2016, 01:44:56 PM

Quote from: ?? on ??

Quote from: 20kevin20 on October 25, 2016, 03:30:32 PM

So many people have told me it's imminent. I've been preparing for it since 2012, and now maybe it's the time to use what I have acquired in such a long time. I wish I never had to, but it looks like the bad times are coming Sad

Really you had acquired and holding bitcoins since 2012? I think that is already enough and I don't know the exact price of bitcoin way back that year. For sure that is already enough to make you some profit if you are going to sell it today. But why you are going to sell that because of this false alarm? You can still keep that.

There is no need to go back that far. If you bought the bitcoin in August last year around $200, you have made decent profits.

exactly, i have also bought last year in the depression days of $200 and now i am in a lot of profit. the thing is that you should always buy when there is nothing happening if you want to make a long term investment.

when everybody is talking about bitcoin price and the moon it is already late for the maximum profit.

Hatuferu

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https://trueflip.io/

Quote from: monbux on October 26, 2016, 07:25:48 PM

Quote from: varyspro on October 26, 2016, 02:32:59 PM

Quote from: Facinat on October 26, 2016, 01:44:56 PM

Quote from: ?? on ??

Quote from: 20kevin20 on October 25, 2016, 03:30:32 PM

So many people have told me it's imminent. I've been preparing for it since 2012, and now maybe it's the time to use what I have acquired in such a long time. I wish I never had to, but it looks like the bad times are coming Sad

Really you had acquired and holding bitcoins since 2012? I think that is already enough and I don't know the exact price of bitcoin way back that year. For sure that is already enough to make you some profit if you are going to sell it today. But why you are going to sell that because of this false alarm? You can still keep that.

There is no need to go back that far. If you bought the bitcoin in August last year around $200, you have made decent profits.

Unfortunately, those who bought the Bitcoin in 2012, has long sold it. At each oscillation of the course, many people simply do not want to risk waiting, so and sell it

Unless they forget about their holdings. That has been, by far, the best investment strategy I've used to date.

You are not alone in your journey brother! I do the same, the only thing I can do which makes my life easy while I am doing my day job. Holding does not require me enough effort but I have to have the guts to take the risk, otherwise I will be panic in the event of crisis.

I have proven already that I can hold as when the Hack of bitfinex happens and the price falls back hard, I got my hands off and watch the show..

monbux

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Quote from: varyspro on October 26, 2016, 02:32:59 PM

Quote from: Facinat on October 26, 2016, 01:44:56 PM

Quote from: ?? on ??

Quote from: 20kevin20 on October 25, 2016, 03:30:32 PM

So many people have told me it's imminent. I've been preparing for it since 2012, and now maybe it's the time to use what I have acquired in such a long time. I wish I never had to, but it looks like the bad times are coming Sad

Really you had acquired and holding bitcoins since 2012? I think that is already enough and I don't know the exact price of bitcoin way back that year. For sure that is already enough to make you some profit if you are going to sell it today. But why you are going to sell that because of this false alarm? You can still keep that.

There is no need to go back that far. If you bought the bitcoin in August last year around $200, you have made decent profits.

Unfortunately, those who bought the Bitcoin in 2012, has long sold it. At each oscillation of the course, many people simply do not want to risk waiting, so and sell it

Unless they forget about their holdings. That has been, by far, the best investment strategy I've used to date.

cjmoles

legendary

Activity: 1176

Merit: 1017

Quote from: OgNasty on October 25, 2016, 03:41:52 PM

Quote from: horace08122 on October 25, 2016, 07:01:57 AM

I see no reason for the collapse of the dollar. Yes, there are problems in the US economy, but they are not serious to talk about the crisis

I see about 20 trillion reasons and growing by the day. By the time Hillary gets out of office there will be more than $100,000 in government debt for every man woman and child in the United States. It is very possible that number will be $1,000,000 in my lifetime. That is an absurd amount of money considering when I was born it was close to $10,000.

The dollar has ALREADY collapsed. We're running on borrowed time, literally.

Yes...it's a very serious and unique predicament. But what makes it even more unpredictable is that those who own the notes on that debt are those who'll be hurt most significantly by an economic crash....They have a motive to prevent a collapse. Fractional reserve banking precipitates some very precarious situations, indeed. Something will have to break; that's for sure.

Shady

full member

Activity: 294

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Life is a game, you either play it or get played.

A crash will come when the elections recirculate, but it won't be long before growth picks back up.

In no way are we going to be stuck waiting, it's going to be a quick fall that will spike back up over a short period of time... Maybe down 7-11% then up 14.

I wouldn't stop investing, in fact just get back in after you realize stock values becoming attractive.

varyspro

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Activity: 289

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Quote from: Facinat on October 26, 2016, 01:44:56 PM

Quote from: ?? on ??

Quote from: 20kevin20 on October 25, 2016, 03:30:32 PM

So many people have told me it's imminent. I've been preparing for it since 2012, and now maybe it's the time to use what I have acquired in such a long time. I wish I never had to, but it looks like the bad times are coming Sad

Really you had acquired and holding bitcoins since 2012? I think that is already enough and I don't know the exact price of bitcoin way back that year. For sure that is already enough to make you some profit if you are going to sell it today. But why you are going to sell that because of this false alarm? You can still keep that.

There is no need to go back that far. If you bought the bitcoin in August last year around $200, you have made decent profits.

Unfortunately, those who bought the Bitcoin in 2012, has long sold it. At each oscillation of the course, many people simply do not want to risk waiting, so and sell it

Facinat

newbie

Activity: 64

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Quote from: ?? on ??

Quote from: 20kevin20 on October 25, 2016, 03:30:32 PM

So many people have told me it's imminent. I've been preparing for it since 2012, and now maybe it's the time to use what I have acquired in such a long time. I wish I never had to, but it looks like the bad times are coming Sad

Really you had acquired and holding bitcoins since 2012? I think that is already enough and I don't know the exact price of bitcoin way back that year. For sure that is already enough to make you some profit if you are going to sell it today. But why you are going to sell that because of this false alarm? You can still keep that.

There is no need to go back that far. If you bought the bitcoin in August last year around $200, you have made decent profits.

Racey

legendary

Activity: 1134

Merit: 1000

Soon, I have to go away.

I have just been watching some ex CIA man mention the demise of the dollar in this video.
Video contains a lot more information on the shadow government, if you can keep your attention off bitcoin for a few minutes that is Cheesy

Enjoy or be dismayed, though I knew some of it beforehand.

https://www.youtube.com/watch?v=cV2sXcqxZTc&feature=youtu.be

OgNasty

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Quote from: horace08122 on October 25, 2016, 07:01:57 AM

I see no reason for the collapse of the dollar. Yes, there are problems in the US economy, but they are not serious to talk about the crisis

I see about 20 trillion reasons and growing by the day. By the time Hillary gets out of office there will be more than $100,000 in government debt for every man woman and child in the United States. It is very possible that number will be $1,000,000 in my lifetime. That is an absurd amount of money considering when I was born it was close to $10,000.

The dollar has ALREADY collapsed. We're running on borrowed time, literally.

20kevin20

legendary

Activity: 1134

Merit: 1598

So many people have told me it's imminent. I've been preparing for it since 2012, and now maybe it's the time to use what I have acquired in such a long time. I wish I never had to, but it looks like the bad times are coming Sad

crairezx20

legendary

Activity: 1638

Merit: 1046

Quote from: botany on October 25, 2016, 11:08:43 AM

Quote from: Grobogan on October 25, 2016, 06:21:30 AM

We all hope that it will come. But that is very hard to predict, because you never know what will happen with the currency and that is the problem. We all hope that it will be more worth and that we can sell it with some huge profit and that will be so nice.

It is not just a question of what will happen, but when it will happen as well.
People have been predicting a big crash for years now.

For now it is hard to think that bitcoin will crash a lot but we experience of large crash since bitfinex are down few months ago.. and i think if those trading sites are crash maybe it can affect the value of bitcoin that we can experience the middle price of bitcoin or half from the present price right now. .

Topic: Big Crash coming - page 33. (Read 115377 times)