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Topic: Economic crash in 2019! - page 6. (Read 1966 times)

jr. member
Activity: 43
Merit: 4
October 26, 2018, 12:51:34 PM
#84
an economic crash is possible , but if the famous economists cannot predict with a certainty, due to the ever changing conditions
think your "guru" is not going to either
there are several interesting theories  about economic crashes that proved to be working, one of them is Kondratieff waves or cycles
for those who want to read about Kondratieff cycles here is the brief : https://www.investopedia.com/terms/k/kondratieff-wave.asp
or: https://en.wikipedia.org/wiki/Kondratiev_wave

I think there will not only be a potentially devastating economic crash, compared to which the 2008 one will pale
but there is a huge probability of a war, it is in the air, just listen to the rhetoric and the accusations


No one knows when, but to me it seems its happening if not already is happening. I hope we don't end up in war if a crisis occurs.

https://bitcointalksearch.org/topic/economic-crash-in-2019-re1-5057898
legendary
Activity: 2016
Merit: 1106
October 26, 2018, 12:37:15 PM
#83
an economic crash is possible , but if the famous economists cannot predict with a certainty, due to the ever changing conditions
think your "guru" is not going to either
there are several interesting theories  about economic crashes that proved to be working, one of them is Kondratieff waves or cycles
for those who want to read about Kondratieff cycles here is the brief : https://www.investopedia.com/terms/k/kondratieff-wave.asp
or: https://en.wikipedia.org/wiki/Kondratiev_wave

I think there will not only be a potentially devastating economic crash, compared to which the 2008 one will pale
but there is a huge probability of a war, it is in the air, just listen to the rhetoric and the accusations
newbie
Activity: 12
Merit: 0
October 26, 2018, 12:20:47 PM
#82
There will always be news circulating about the economy unstability that might happen in the future and this isn't the first time for it. It has happened over the years. Sites like ZeroHedge publish daily news about how the economy will crash that's just news propaganda. There will always be issues more or less in the economy but nothing so severe we can't recover from. You'll see in time the results first hand.
jr. member
Activity: 43
Merit: 4
October 26, 2018, 12:33:29 PM
#82
There will always be news circulating about the economy unstability that might happen in the future and this isn't the first time for it. It has happened over the years. Sites like ZeroHedge publish daily news about how the economy will crash that's just news propaganda. There will always be issues more or less in the economy but nothing so severe we can't recover from. You'll see in time the results first hand.

I disagree with that. The economics has going down the past year no doubt, just look at the charts they don't lie. And even here in the Netherlands over 3+ hospitals when bankruptcy. HOSPITALS why? Because of greed hospitals are owned by private entities and now are suffering the damage. Its just a matter of time. And I would not be surprised if the government starts blaming us AGAIN and WE THE PEOPLE have to pay the damage.
It happens every time again and again.
jr. member
Activity: 166
Merit: 1
October 26, 2018, 12:04:10 PM
#81
It will probably be happening because there are many people saying the same as it. It definitely based on the situation and indication where are happening now. It was actually began since several months ago, since Trade War between U.S and Chine. It has much impacts to the world economic stability. There are many polemics and problems raise caused of this Trade War. This prediction of economic crash will reach the peak in 2019 probably.
jr. member
Activity: 43
Merit: 4
October 26, 2018, 11:05:14 AM
#80
Considering a high volume of the niche industry i believe that is something that has to come, and economic crash is real and it could happen any time soon. I wonder how will this potential economic crash influence the crypto world. How expensive will be the electric bill for mining for example?

Resources are getting more scarce everyday it would get more expensive in the future to run the blockchain no doubt, but then the bitcoin will get more value aswell. More and more people are using sun panels to run the BC to reduce the cost of running it. Also there will be more advanced technology like fusion power and algae energy so that would be less of a problem, but resource like sand will get super expensive. If I had to choose whos country will the least hit from the crash if it happens; russia and japan. Japan has a lot of resource in the ocean to create lcd for phones and computer monitors ( forgot what resource its called )

WaTer will be a big deal in the future.
In deed it is good to have alternative energy sources but for example the solar panels i don't agree with them because making them distrois the nature. Most of the mineral resources used in the hi tec h world are found in Africa and you can see how things evolve there. And regarding the sweet water in dees, it will be horrible at some point, i have the felling that this generation likes to comfortable, no effort in living and preserving for the future.

For now solar panels are bad for nature I agree, but lets hope that in the future there will be cleaner methods of making them. About the water. Big company's like Nestle wants to make it a commodity...

Solar panels destroy nature?  Where are you guys from?

Solar panels just get energy from the sun, I don't think the energy of the sun will eventually lose because of these solar panels. Solar power is actually the real best thing if you want no noise compare to the windturbines which also get power from the breezes. These doesn't destroy nature.



The process of making them.
legendary
Activity: 2492
Merit: 1018
October 26, 2018, 10:37:02 AM
#79
Considering a high volume of the niche industry i believe that is something that has to come, and economic crash is real and it could happen any time soon. I wonder how will this potential economic crash influence the crypto world. How expensive will be the electric bill for mining for example?

Resources are getting more scarce everyday it would get more expensive in the future to run the blockchain no doubt, but then the bitcoin will get more value aswell. More and more people are using sun panels to run the BC to reduce the cost of running it. Also there will be more advanced technology like fusion power and algae energy so that would be less of a problem, but resource like sand will get super expensive. If I had to choose whos country will the least hit from the crash if it happens; russia and japan. Japan has a lot of resource in the ocean to create lcd for phones and computer monitors ( forgot what resource its called )

WaTer will be a big deal in the future.
In deed it is good to have alternative energy sources but for example the solar panels i don't agree with them because making them distrois the nature. Most of the mineral resources used in the hi tec h world are found in Africa and you can see how things evolve there. And regarding the sweet water in dees, it will be horrible at some point, i have the felling that this generation likes to comfortable, no effort in living and preserving for the future.

For now solar panels are bad for nature I agree, but lets hope that in the future there will be cleaner methods of making them. About the water. Big company's like Nestle wants to make it a commodity...

Solar panels destroy nature?  Where are you guys from?

Solar panels just get energy from the sun, I don't think the energy of the sun will eventually lose because of these solar panels. Solar power is actually the real best thing if you want no noise compare to the windturbines which also get power from the breezes. These doesn't destroy nature.

jr. member
Activity: 43
Merit: 4
October 26, 2018, 10:25:17 AM
#78
Considering a high volume of the niche industry i believe that is something that has to come, and economic crash is real and it could happen any time soon. I wonder how will this potential economic crash influence the crypto world. How expensive will be the electric bill for mining for example?

Resources are getting more scarce everyday it would get more expensive in the future to run the blockchain no doubt, but then the bitcoin will get more value aswell. More and more people are using sun panels to run the BC to reduce the cost of running it. Also there will be more advanced technology like fusion power and algae energy so that would be less of a problem, but resource like sand will get super expensive. If I had to choose whos country will the least hit from the crash if it happens; russia and japan. Japan has a lot of resource in the ocean to create lcd for phones and computer monitors ( forgot what resource its called )

WaTer will be a big deal in the future.
In deed it is good to have alternative energy sources but for example the solar panels i don't agree with them because making them distrois the nature. Most of the mineral resources used in the hi tec h world are found in Africa and you can see how things evolve there. And regarding the sweet water in dees, it will be horrible at some point, i have the felling that this generation likes to comfortable, no effort in living and preserving for the future.

For now solar panels are bad for nature I agree, but lets hope that in the future there will be cleaner methods of making them. About the water. Big company's like Nestle wants to make it a commodity...
hero member
Activity: 1134
Merit: 500
October 26, 2018, 10:19:49 AM
#77
Considering a high volume of the niche industry i believe that is something that has to come, and economic crash is real and it could happen any time soon. I wonder how will this potential economic crash influence the crypto world. How expensive will be the electric bill for mining for example?

Resources are getting more scarce everyday it would get more expensive in the future to run the blockchain no doubt, but then the bitcoin will get more value aswell. More and more people are using sun panels to run the BC to reduce the cost of running it. Also there will be more advanced technology like fusion power and algae energy so that would be less of a problem, but resource like sand will get super expensive. If I had to choose whos country will the least hit from the crash if it happens; russia and japan. Japan has a lot of resource in the ocean to create lcd for phones and computer monitors ( forgot what resource its called )

WaTer will be a big deal in the future.
In deed it is good to have alternative energy sources but for example the solar panels i don't agree with them because making them distrois the nature. Most of the mineral resources used in the hi tec h world are found in Africa and you can see how things evolve there. And regarding the sweet water in dees, it will be horrible at some point, i have the felling that this generation likes to comfortable, no effort in living and preserving for the future.
jr. member
Activity: 43
Merit: 4
October 26, 2018, 10:18:26 AM
#76
Looking at the discussion, I think we should define what the collapse actually is. Market goes up and down, so there is no wonder it's going to change (and it's the high time actually, given the trend). This is the whole point of it. Personally, I don't believe in such long term predictions though - we've been told for months that a downward trend is coming.
Another thing is that crypto doesn't have to follow. I agree with those who decide to hold onto the investments until the the next bull market.

By the time all stocks go up again, we the taxpayers paid for it, is my upmost worries. Because our government just bails out the banks with our hard earned money.
newbie
Activity: 12
Merit: 1
October 26, 2018, 10:14:36 AM
#75
Looking at the discussion, I think we should define what the collapse actually is. Market goes up and down, so there is no wonder it's going to change (and it's the high time actually, given the trend). This is the whole point of it. Personally, I don't believe in such long term predictions though - we've been told for months that a downward trend is coming.
Another thing is that crypto doesn't have to follow. I agree with those who decide to hold onto the investments until the the next bull market.
jr. member
Activity: 43
Merit: 4
October 26, 2018, 10:06:10 AM
#74


"Everything is fine, there is nothing to worry about"
legendary
Activity: 1526
Merit: 1001
October 26, 2018, 09:57:34 AM
#73
There's no guarantee that Bitcoin will be unaffected or will benefit from a global financial crisis. Bitcoin is still too volatile to be considered a safe haven, so just because it's not tied to traditional markets it doesn't mean that it is safe. There might be even some mechanisms that can make it drop during a crisis, so no one should bet on Bitcoin with all their savings.

   The above topic is a bit negative Speculation for 2019, Market is Volatile, it is unpredictable, price value movement is dependent on the volume of investment out in by the consumer's investors on the specific coin as posted in the market. Crypto currency market is not free from possible market crash as speculative for 2019, yet, if and when we never know on what to become on the market.
Yes, the market does have fluctuations and there will always be changes every time. Market crypto can never be predicted because changes can occur at any time. We only need to follow the flow and try to continue to increase transactions with crypto, because with that in mind the crypto market will get positive sentiment and it will be very good for crypto's future, especially in 2019.
hero member
Activity: 1148
Merit: 528
October 26, 2018, 09:47:03 AM
#72
So lets get this straight, you think the economy will crash in 2019 and you assume it will be because of some sort of natural disaster, and your reasoning is because natural disasters can't be "foreseen" ?

So, if they are unpredictable and can't be foreseen beforehand, how do you think there will be one in 2019 that has a global consequence ?

You are basically telling people something is can't be known beforehand and that is why you know it will happen, that makes no sense at all and honestly takes out all your credit and makes all of what you said seriously ill judged.

I think the crash already happened with american stocks and all crypto world. 2019 will be much better year than every other year, the american 2020 voting will probably start soon and president candidates will start to go around asking for votes and I think that would create another "lets wait and see" in the world which will make the market not collapse for another while.
jr. member
Activity: 34
Merit: 1
October 26, 2018, 09:06:32 AM
#71
There are many same prediction like that. I ' not sure that it will come true or not. For example , there are many prediction that the world will go to an end , But We're still living Roll Eyes. Therefore, I don't care much about that : even they come true or not, the number of people investing on bitcoin significantly increase
hero member
Activity: 1085
Merit: 500
hi =D
October 26, 2018, 08:54:57 AM
#70
I do not believe that this economic collapse is so early, it can take much longer, there are some very interesting projects that give you some kind of income like DECRED, where I'm following your project from the beginning, I believe there are ways to pass by an economic collapse!
sr. member
Activity: 1876
Merit: 370
October 26, 2018, 07:57:07 AM
#69
There's no guarantee that Bitcoin will be unaffected or will benefit from a global financial crisis. Bitcoin is still too volatile to be considered a safe haven, so just because it's not tied to traditional markets it doesn't mean that it is safe. There might be even some mechanisms that can make it drop during a crisis, so no one should bet on Bitcoin with all their savings.

   The above topic is a bit negative Speculation for 2019, Market is Volatile, it is unpredictable, price value movement is dependent on the volume of investment out in by the consumer's investors on the specific coin as posted in the market. Crypto currency market is not free from possible market crash as speculative for 2019, yet, if and when we never know on what to become on the market.
legendary
Activity: 2898
Merit: 1253
So anyway, I applied as a merit source :)
October 26, 2018, 06:57:17 AM
#68
The economic fall is and should be relative/ comparison so as to really ascertain the level of damage it might cause. The cryptocurrency markets have gone down severally but this season's bouncing back is a major and historical one all and sundry will be waiting for.
So does anybody care? The price of coins is what they care about only. Its the same in stock market and commodity markets. If you are panicing then this is the test that the traders are going through. You are no alone in this.

The question lies in the fundmentals of crypto. If you are someone who is holding crypto and thinking what to do with it then your basics or fundamentals of crypto is weak. You should go through Satoshi's whitepaper and see how the vision was made. Still if you dont believe in crypto then its your choice to hodl or sell.

But remember that back 4-5 years, bitcoin price was low compared to the 1000$ price and it remained low for these years till it mooned. Now you can take your chances as you wish.
brand new
Activity: 0
Merit: 1
October 26, 2018, 01:39:50 AM
#67
Such kinds of prediction often comes up and unfotunately a lot of people believe in it. Though, these kinds of predictions have good logics, they tend to ignore some major factors, without which these prediction will never turn true. Besides, there are a lot of professional economic analyst out there who would have saw it and made sure that the government comes up witha solution.
legendary
Activity: 1302
Merit: 1037
October 26, 2018, 06:23:37 AM
#67
If that happens our debt has more than doubled in one year from where it was back then. When you are in that much debt if you owe money to someone or some entity and when they want to collect, what do you do when you are already underwater? You implode. Listen folks, this doesn't take a rocket scientist. This country is going to see a collapse like they haven't seen since the Great Depression. If you look at the cost of living with the salaries that people are not making to equate to it, unemployment is higher than our government is saying.
Well, your debts will more than double if you do not take control of your own funds in this case. I remember it was the financial crisis that happened in the past that led to the development of blockchain technology as well as bitcoin and that typically shows that there is an option for everyone to store value without being controlled by the government or being affected by any economic crash that ends up happening.

I feel we are beginning to see some of it glaringly happening now and that would really be crazy as a lot of countries will really find it hard to get out from. Good thing we are here now.
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