Economic crash in 2019! - page 7. | Bitcointalksearch.org

Kakmakr

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You know, I am not one of those Doomsday Preppers that are stocking up on food to prepare for a global financial collapse, but I am also open to the idea that the financial system is being supported by massive amounts of debt and in most cases also highly inflated stock markets and at one stage this will backfire on governments.

The taxpayers had to fork out Billions to save the Banking industry and nobody seemed to learn anything from that, so it is just logical that a bigger problem is brewing somewhere in the world and this will cause a tsunami wave of trouble in the future. Angry

creeps

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Quote from: Genamant on October 24, 2018, 01:08:17 AM

Im getting too anxious with all this prediction, i think the aim is too create chaos upon weak investors
But its all just fake news ,but im giving credit to the manipulators coz i think they are doing it great Grin

They will do everything to spread news like this. Economic crisis can happen, but who knows when it will happen? This is just a matter of time. I’m confident that investors are more educated now after reading so many predictions like this.

We should still prepare for the possibilities of an economic crisis, we should set limits in our investment and know how to take profit. It is still good to have some kind of limitations and strategies, let’s win more in our investments.

Harrisonimo

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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.

Fies7aa

jr. member

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Quote from: Sarastiche on October 25, 2018, 06:38:43 PM

Economic crash is a norm, but your submission is not base on any statistical data, no need to panic, but better to play safe as an investor, I ensure I spread my investment portfolio beyond cryptocurrency, You must realise that during recession some sector are always still bouyant and lively, Real esatate/property development is a sector to watch out for.

I agree, but isnt the real estate/property sector one of the biggest? Properties rise but paychecks does not, what happens if you’re not able to pay the mortgage because the place where you work went bankrupt? Now multiply that with a nation.

Theres a banker I know personally (has nothing to do with prediction just to make it clear) she told me that it went very great at the bank she works (ING dutch bank) lots of mortgages where handled out. This was 7 months ago...

More mortgages = more chance to not able to pay it off due loss of work or some other reason.

To me its a ticking time bomb with no timer on it, its just sits and wait till shit hits the fan. The onnly thing we as investors can do is have some kind of backup plan ready for this kind of doomsday.

May happen in 2019, it may happen in 5 years.

Sarastiche

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BITCOIN IS THE CURRENCY OF THE GLOBE

Economic crash is a norm, but your submission is not base on any statistical data, no need to panic, but better to play safe as an investor, I ensure I spread my investment portfolio beyond cryptocurrency, You must realise that during recession some sector are always still bouyant and lively, Real esatate/property development is a sector to watch out for.

Fies7aa

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Quote from: usorin on October 25, 2018, 02:38:29 PM

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.

usorin

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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?

Fies7aa

jr. member

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Quote from: Danielle Lewis on October 25, 2018, 02:17:33 PM

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 don’t really get my source from news articels, I do my own research and compare them to the 2008 crash and to me there are some similarities.

Danielle Lewis

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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.

Fies7aa

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Quote from: primer61 on October 25, 2018, 01:32:55 PM

As if it is the first crisis the world economy has faced. I wouldn't say the crash is unlikely, but the main point is how we manage through it - it will eventually end, as no crash is forever.
With all its negative part, this is still a time of opportunity. We are involved in Crypto, which is detached from the global economy to a certain degree - thus, we have the best position to survive crisis, if any actually occurs.

Best is to not put everying in one basket like the other people said, my prediction if something like a economic meltdown happens, BTC will go down mostlikely people are panicing and what as much as gold and fiat money. And it will be more expensive to run the blockchain. Maby a great opportunity to buy bitcoins.

If it hapens in the future I will sell the gold I have bought and buy btc when they are cheap.

I may be wrong and btc go to the moon, but my personal belief is that people see btc as a risky investment during a crash and would need time to recover from it.

I myself have put around 4k$ intto the stockmarket betting it would go down, im up 500$ profit as im writing this down.

onrise

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Quote from: trimulia on October 25, 2018, 07:58:41 AM

maybe there is some truth about the vitalik buterin (inventor of ethereum) on his twitter, there will be an economic crisis between now and 2021

May be possible as their is a cycle which is said to rotate in every 8 years to 10 years. So we can have some slack period but need not to worry as world have seen before also the economic downturn during 2008 crisis and just be well prepared so that you are up for the challenge if it happens.

Fies7aa

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Quote from: Bryant Zamora on October 25, 2018, 01:18:43 PM

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.

You’re completely right, I however think the government do not really care, and if i look at some facts from Europe (where i’m from) We can see that thou house market went up, Italy is not doing so well as before, Greece is well you know Greece. Germany is making lots of money wich they diversify accross europe and are spending more than what they have. Everyone is buying buying buying. I still believe we have some economic/natrual difficulties.

Bryant Zamora

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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.

primer61

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As if it is the first crisis the world economy has faced. I wouldn't say the crash is unlikely, but the main point is how we manage through it - it will eventually end, as no crash is forever.
With all its negative part, this is still a time of opportunity. We are involved in Crypto, which is detached from the global economy to a certain degree - thus, we have the best position to survive crisis, if any actually occurs.

Linkkoin

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According to the charts, every 6-9 years we have some sort of recession/crisis. Right now we are about to exceed this period. It could be actually beneficial for the crypto community - during the time of crisis, investors switch from stocks to "safe havens", like precious metals. And there is a high chance, the same fate can be shared with cryptocurrencies. Especially BTC, as many call it "digital gold"

Reinz12

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Quote from: Fies7aa on October 23, 2018, 07:28:22 PM

Quote from: LeGaulois on October 23, 2018, 05:32:52 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

I don't even know that guy. He already sold some of his assets, still an interesting subject to me. What would the best bet be? I got some money left here and would like to know IF such scenario comes into place what is the best strat to go with?

Sorry, I commented, selling certain assets does not mean not buying other assets, and maybe you don't know, just like my father sold a land and bought a few houses. Here as an investor we must be able to choose the news and predict what investment is good for the next few years
Will the economy crash? I think each country has foreign exchange reserves to keep it from happening or not fatal, and not all countries accept cryptocurrency. The economic cause of a country being destroyed is corruption and failure to maintain the country's foreign exchange reserves

setupbounds

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Quote from: Fies7aa on October 23, 2018, 05:07:08 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 and I say IF it happends will it be a good idea to buy bitcoin before the crash or will bitcoin crash like the others. There are a lot of factors going on. Like Renting a place out for the BTC miners ECT it will have a expensive tag to run and operate the blockchain during a crash.

Anyone any toughs? Also where are you going to put your BTC/cash into?

[im g]https://image.ibb.co/gc2KMV/housemarket.png[/img]

I mean just look at the house market here in the Netherlands. It skyrocketed so fast.

EDIT:

[im g]https://ibb.co/dSvwmV[/img]

Lets take a look at the stock market from all over the world. This is a period of 52 weeks (1 year) as you can see almost all market exchanged went down some points. Except for a few e.g Russia. What russia has bin doing the last decade is buying 200 tonnes of gold every year. I'm not a economic guru, but I can safely say that this is not okay.

Your dad's friend indeed. No one knows what will be happening in the next 1 second, let alone in the next 1.5 years, no matter how successful they are as an investor, and I wonder why people always love coming up with some crazy predictions, probably to say, I told you so, if it peradventure happens or simply say, some factors were put in place, that made it not to happen, right?

However things turn out, it is always a good thing to diversify so as to spread risks even if you are not anticipating a global crash which is something I do not believe will happen anyway.

Fies7aa

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Quote from: realcrypto on October 25, 2018, 08:52:29 AM

Why will we be happy over here in the cryptoworld about global economic crash? is there any assurance that if there is economic crash that it will favour the cryptocurrency market? Leave speculation and prediction and invest when ever you feel like investing.

It might be my friend, IF again IF such crash would happen somewhere in the upcoming years, we should be careful with the Cryptomarket. As we know gold does really well in a crash because people look for safer investments than cash in the bank or cash itself. Now there are two scenarios that I have thought of BTC will go up a lot same as gold (people see it as a safe investment) or go down like all stocks/housing. Meaning there is a opportunity to buy BTC for cheap or make bank if BTC go to the moon. Now I'm not predicting that there will be a crash in 2019 but I'm almost certain it will happen the upcoming 5 years or so.

realcrypto

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Why will we be happy over here in the cryptoworld about global economic crash? is there any assurance that if there is economic crash that it will favour the cryptocurrency market? Leave speculation and prediction and invest when ever you feel like investing.

Angie Vasquez

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No one knows what will happen and the effect of it in cryptocurrency so it's all about your decision out of your own self analyzation. An economic crash is eventually coming- that's how market cycles work.

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