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Topic: Economic crash in 2019! (Read 1966 times)

newbie
Activity: 2
Merit: 0
March 21, 2020, 11:34:56 AM
The real economic cash is happening in 2020 due to the corona virus pandemic, in my existence in this world, this is the biggest thus far I have witnessed.

When the global economy is down, a lot of things would happen, and if we relate it to crypto, we might see a downfall of the market as well although lately bitcoin has jump to $6000, but it's not stable, I don't want to expect that the crypto market will boom while the global economy is down.

Not yet, its going to fall. The world is going to halt. The gov wants to get rid of cash, they want a cashless world so they can control the world. Crypto is the only solution since its backed by us the people.
legendary
Activity: 3150
Merit: 1148
March 21, 2020, 07:45:33 AM
The real economic cash is happening in 2020 due to the corona virus pandemic, in my existence in this world, this is the biggest thus far I have witnessed.

When the global economy is down, a lot of things would happen, and if we relate it to crypto, we might see a downfall of the market as well although lately bitcoin has jump to $6000, but it's not stable, I don't want to expect that the crypto market will boom while the global economy is down.
hero member
Activity: 1862
Merit: 830
March 21, 2020, 07:33:26 AM
Well it is not just 2019 , 2020 have indeed seen stuff that one might really say will bring the world down.
Gold , stocks , Fiat , Bitcoins and even the most powerful currency is dwindling.
One cannot even outlook the stable coin .
This is something that was getting bad since 2019 but at the beginning of 2020 it have caused even more of a havoc .
The countries are working together is the only positive thing that I can make out of it.
newbie
Activity: 2
Merit: 0
March 20, 2020, 08:24:43 PM
The agenda has begun.
sr. member
Activity: 1344
Merit: 253
December 17, 2018, 03:20:37 AM
If economic crisis happen in 2019, i think i am prefer invest in bitcoin and gold. We know gold is best store of value and investment and its more resistant than inflation. Some people call bitcoin as digital gold and if economic crisis happen, i think there is a chance bitcoin price will increase
if for investing in gold, indeed there is no doubt, from the royal era, gold has become a symbol of prosperity. while bitcoin is the right technology for the future, so it is predicted to have good development later
full member
Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
December 17, 2018, 02:17:19 AM
If economic crisis happen in 2019, i think i am prefer invest in bitcoin and gold. We know gold is best store of value and investment and its more resistant than inflation. Some people call bitcoin as digital gold and if economic crisis happen, i think there is a chance bitcoin price will increase
jr. member
Activity: 45
Merit: 2
December 16, 2018, 09:23:47 PM
If this happens, Bitcoin may be the best investment of 2019!!
newbie
Activity: 76
Merit: 0
December 16, 2018, 08:57:17 PM
I know the Dad you're talking about is Alex Jones on InfoWar LOL.

The good news is there are millions of people saying the same thing over the years. Still, the central banks have always had powerful machines to print more banknotes (sarcasm). ZeroHedge is the site where the economic crash propaganda is published daily.
We will always some economic troubles like with Greece or Venezuela, but a worldwide crash has a lot of less chance to happen.

I am not planning to change anything, money comes and go, and I apply the diversity rule
predictions of economic accidents 2019, this can be attributed to a trade war carried out by China vs. USA, because a wide range of effects can occur, this can be a serious problem in the world of commerce, but bitcoin traders can take advantage of this situation by starting to replace the role of currency fiat between countries that are fighting with bitcoin, because what is happening now also starts to spread to currency wars, namely the dollar vs. yuan, if there is an economic downturn in the future what happens is saving the currency into crypto, such as experienced by Venezuela, which was hit hyper inflation.
full member
Activity: 602
Merit: 118
December 16, 2018, 08:04:28 PM
A friend of mine told me that his dad (successful investor) their prediction is that there will be a economic crash in about 1.5 years from now. I think that it could be plausible.
Now what if it happens somewhere around that time. A lot of stocks will go down, also the house market will go down into the ground and buying a house with a mortgage will be with sky-high interest.

If it can real happen, chances are there will be many investors who are accustomed to investing in commodities, moving to reinvest their capital into bitcoin. I real want to be able to see this happen so that the growth of Bitcoin will recover as soon as possible.
jr. member
Activity: 242
Merit: 7
December 16, 2018, 06:50:02 PM
I think that in any case, investing in Bitcoin at this stage is one of the best strategies that will allow you to guarantee the absence of any risks associated with the global financial crisis in 2019 or later. And for someone who has invested in Bitcoin before - all he needs to do now is to continue to keep his coins and not worry about anything.
I personally put 50% crypto 50% precious metal.
I think crypto bear will persist. Not lower than $3000 but not very higher either.
So gold is also a good hedge.
sr. member
Activity: 1344
Merit: 250
December 16, 2018, 04:52:08 PM
I think that in any case, investing in Bitcoin at this stage is one of the best strategies that will allow you to guarantee the absence of any risks associated with the global financial crisis in 2019 or later. And for someone who has invested in Bitcoin before - all he needs to do now is to continue to keep his coins and not worry about anything.
will have a very big impact if the price of USD as a reference for conversion finally drops, bitcoin has its own value characteristics, but still uses the reference fiat reference exchange. I think this is good for the long term, but the most important thing is how BTC continues to grow and survive with many users.
hero member
Activity: 1082
Merit: 502
December 16, 2018, 04:21:34 PM
I think that in any case, investing in Bitcoin at this stage is one of the best strategies that will allow you to guarantee the absence of any risks associated with the global financial crisis in 2019 or later. And for someone who has invested in Bitcoin before - all he needs to do now is to continue to keep his coins and not worry about anything.
full member
Activity: 315
Merit: 100
Investing in the future development of blockchain
December 16, 2018, 01:19:31 PM
I know the Dad you're talking about is Alex Jones on InfoWar LOL.

The good news is there are millions of people saying the same thing over the years. Still, the central banks have always had powerful machines to print more banknotes (sarcasm). ZeroHedge is the site where the economic crash propaganda is published daily.
We will always some economic troubles like with Greece or Venezuela, but a worldwide crash has a lot of less chance to happen.

I am not planning to change anything, money comes and go, and I apply the diversity rule

This is true, people starting from the first years of this community were always negative, I think the better thing to make or believe to some news is to criticize which one is fake or not, don't be fooled by random clickbairing article which may lead you to false perspective and pathway towards Bitcoin better to keep striving and keep working since everyone even the higher people keep saying that next year will be an amazing year for us.
jr. member
Activity: 43
Merit: 4
December 16, 2018, 12:11:18 PM
Economic crashes will have an impact on crypto prices and the downward trend is certain, but crypto has quite large and fast volatility so that recovery will occur in a short time and the profits we will get back

Short time? I would give crypto's at least 1.5 years. to recover
jr. member
Activity: 43
Merit: 4
December 16, 2018, 12:09:20 PM
It would be good to hear from predictions but honestly there is no better than really trying to look at how the market is really been doing to this present. The predictions that bitcoin will hit  30K$ was very good. It was really something and everybody was very happy to hear but as time goes by the predictions came to be the opposite. It was worst and not expected. So I think who ever it is trying to make predictions and whoever it is that is considered a successful investor, I would say I'm sorry but I don't buy predictions. I'd rather see everything in its progress than dream about nothing.

A crash, downfall, correction etc is progress. Our economic is something bigger than just only money, look what masses are able to do with BTC back when it was a hype, It skyrocketed a massive pump & dump. And in my eyes this is what happening right now. Time will prevail. What I said in the beginning was there is going to be some downturns this year up to 2019. I stated that it won't happen a 100% but there is a big possibility. Not a prediction just speculations & FACTS.
member
Activity: 462
Merit: 11
December 15, 2018, 07:17:59 PM
Economic crashes will have an impact on crypto prices and the downward trend is certain, but crypto has quite large and fast volatility so that recovery will occur in a short time and the profits we will get back
hero member
Activity: 2660
Merit: 614
Leading Crypto Sports Betting & Casino Platform
December 15, 2018, 09:47:18 AM
I think that some global event will occur in 2019, which will be revolutionary. The collapse of the world economy is a relative concept, for whom the collapse will be growth and for someone a fall. Obviously the crowd will suffer.

Actually there are some clear signs which indicate that economic crisis is around the corner and it may happen by mid of 2019. This will be the end of Us Dollars and money will be transformed into digital currency which can take bitcoin to new high levels.
full member
Activity: 854
Merit: 103
December 15, 2018, 07:24:52 AM
I think that some global event will occur in 2019, which will be revolutionary. The collapse of the world economy is a relative concept, for whom the collapse will be growth and for someone a fall. Obviously the crowd will suffer.

I do not ask you about the source of your information. I also feel that the global crisis is coming. If it happens, the poorest people will suffer most of all. Millionaires will not see great changes.
member
Activity: 532
Merit: 10
December 15, 2018, 05:08:54 AM
How do you know about crash of situation economic at 2019 year, many prediction at the new year will have light and good for economic condition, but we have wait for it economic will crash or success.
newbie
Activity: 1
Merit: 0
December 15, 2018, 04:21:57 AM
Just tell me is bitcoin safe to invest? I am going to invest some money on it. Contact me - facetime for pc
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