Economic crash in 2019! - page 8. | Bitcointalksearch.org

Dontme

sr. member

Activity: 798

Merit: 255

Quote from: Fies7aa on October 23, 2018, 04:07:08 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?

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

EDIT:

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.

I dont believe it. I believe theres something good to be happen before 2020 I believe bullish will come again. This will be the time to buy more btc or if that will happen surely there will be good to be happen.

Jazmyn Salazar

newbie

Activity: 26

Merit: 0

Though he is a successful investor, that doesn't mean all his prediction will come true. But the market crash might be a possibility, and if your believe the crypto will emerge and it is a plausibility too, you might try investing in it too, but there might be risk too. And the rest is upon your choice.

Kasen Matthews

newbie

Activity: 28

Merit: 0

Predictions like this has nothing to be worried about. Economic fall is part of the system and happens every year in different country but not much as to be called a worldwide economic crash. This situation you are talking about, is highly unlikely.

trimulia

full member

Activity: 518

Merit: 101

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

Fies7aa

jr. member

Activity: 43

Merit: 4

Quote from: roosbit on October 25, 2018, 04:33:52 AM

Quote from: Fies7aa on October 23, 2018, 04:07:08 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.

"Successful investor" you say, just in which industry? because as far as I know crypto is a whole different ball game and does not dwell on past experience,it's unpredictable! And just so you know such wild guesses are not the first and will not be the last either, we have seen and heard it all Undecided

Quote from: Fies7aa on October 23, 2018, 04:07:08 PM

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.

If ever we experience an economic meltdown, why risk investing in cryptos which are labeled highly volatile when people will be panicking to sell off stable assets...

In the real estate, He lives in the Netherlands but got houses in China, New York and Netherlands ofc. I know this guy this is not some online guru.

Bitcotalk

hero member

Activity: 966

Merit: 517

Quote from: tweetbit on October 23, 2018, 05:12:39 PM

Don’t worry much, my son (3 years old) father in law is a legendary investor (20 years or more from now) will predict that alien 👽 is gonna trade with us and invested on our planet 🌍. #Super

I’m tired 💤 of this Predictions in a thin air.

Lol. I am sure there is no one as tired as I am. What is the essence of the whole prediction when no one can actually tell what they future holds exactly. Moreover, this is not the first time; economic expert will be calling some bullshit predictions that never happen.

Someone just wakes up in the morning, assume something in their head, and then dream about it next day and come to the global space to say nonsense. For a very long time, there has always been this doomsday announcement, year in year out, and here we are. Moreover, global economic crisis? I laugh out hard.

bchain22

copper member

Activity: 154

Merit: 3

Be smart, join: https://t.me/cryptofinance24

As OP said, there are some indicators, like the housing market. The housing market was booming before 08 crash, the same thing is happening right now in many countries. That might be something to keep your eye on. Though every crash has their own face.

roosbit

member

Activity: 893

Merit: 43

Random coins :)

Quote from: Fies7aa on October 23, 2018, 04:07:08 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.

"Successful investor" you say, just in which industry? because as far as I know crypto is a whole different ball game and does not dwell on past experience,it's unpredictable! And just so you know such wild guesses are not the first and will not be the last either, we have seen and heard it all Undecided

Quote from: Fies7aa on October 23, 2018, 04:07:08 PM

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.

If ever we experience an economic meltdown, why risk investing in cryptos which are labeled highly volatile when people will be panicking to sell off stable assets...

AlphaGoo

member

Activity: 396

Merit: 10

In fact, this is becoming a reality. There will be a global real estate crisis in 2019, but it should be acceptable, which is good news for cryptocurrency.

ganlianshifu1

member

Activity: 392

Merit: 10

The next 20 years will be an era in which morality accelerates and the social environment deteriorates drastically.
For any country in the world, spiritual crises such as lack of faith and credit collapse are more serious and far-reaching crises than economic and political fields.

wingsthegreat21

jr. member

Activity: 87

Merit: 1

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.

jcarlo

member

Activity: 798

Merit: 10

Economic crisis always happen and maybe happen in 2019. The sign is already happen. In many country, commodities price already rising and most market in red. Hopely crisis not happen because many peoples will suffering

Fies7aa

jr. member

Activity: 43

Merit: 4

https://ibb.co/dSvwmV

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.

The Sceptical Chymist

legendary

Activity: 3500

Merit: 6981

Top Crypto Casino

Quote from: LeGaulois on October 23, 2018, 04:32:52 PM

I know the Dad you're talking about is Alex Jones on InfoWar LOL.

Heh heh, you're probably right about that, too.

Theymos just started a thread that's pretty much like this one. I don't watch the news--are the pundits predicting a global economic crash or something? Is there some really bad news coming out or rumors floating around about some impending disaster? As I said in Theymos's thread, the stock market has taken somewhat of a beating in the past week, but I'd been waiting for that to happen for a while now. It's not unexpected and not unhealthy for the market, but it also doesn't mean the economy is tanking.

Quote from: arpon11 on October 24, 2018, 11:47:09 AM

I think the crisis has commenced as stock market is going down day by day. We should be able to recover maybe in 2 years time.

What? The Dow is still at 25,000 as I write this, and less than 10 years ago when we had our last financial meltdown it dropped to around 6000 if I'm not mistaken. What's happening now is just a correction IMO and not anything more than that--and I also don't think it's going to take 2 years to recover from the relatively small drop in prices that we've seen. Don't know what orifice you pulled that number out of.

Quote from: The_Tick on October 24, 2018, 10:22:36 AM

Any idea of safety is an illusion. It's best to be prepared for the worst by not placing all your eggs in one basket and diversifying your assets.

I agree with all of that wholeheartedly. Diversity is the investor's best friend.

ongkok87

sr. member

Activity: 1120

Merit: 256

Quote from: zubrr51 on October 24, 2018, 12:24:51 PM

With the next global crisis, there will be more chances that the heads of countries will pay attention to cryptocurrency.

yes it could be because with the government willing to adopt digital currencies such as bitcoin, future economic accidents can be overcome properly if countries want to pay attention and can receive crypto

Leyss

member

Activity: 574

Merit: 12

The economic crisis can be in any year. Now the situation in the world is very unstable, and raw materials, products,
even water is becoming a bigger problem. I do not think that investing in cryptocurrency will be a protective measure against the crisis. This should be done, however moderately. Each country has its own values. Buying a property is a good means of protection from the crisis. In my country with fertile soil it is also land. Most likely, you need to partially invest funds in various investment projects, the main thing is not to transfer your money to banks, they will quickly lose their value during the crisis.

zubrr51

member

Activity: 294

Merit: 11

With the next global crisis, there will be more chances that the heads of countries will pay attention to cryptocurrency.

Pab

legendary

Activity: 1862

Merit: 1012

Quote from: Fies7aa on October 23, 2018, 04:07:08 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?

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

There was a lot of crashes and crisis from 1972 even
My personal opinion is that last one didn't finish even
last crash was done to create more debt and virtual money
More and more debt more and more globalization and more and more problems
Biggest i see are climatic changes
There are estimates that will be tornado nr 5 6 300km/hour wind can destroy all areas
That so strong win can appear for example in Persian Gulf
places like Dubai is not ready for that
Now imagine Dubai to become new Atlantyda

arpon11

sr. member

Activity: 882

Merit: 282

Quote from: Fies7aa on October 23, 2018, 04:07:08 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?

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

I think the crisis has commenced as stock market is going down day by day. We should be able to recover maybe in 2 years time. This bearish market is seriously affecting cryptocurrencies market and even forex. Trading is becoming less profitable for quite some time now and many people getting discouraging. Our leaders especially the political one should reduce the cost of governments and reinvest the proceed to the economic in other to revive it.

Lumi3004

jr. member

Activity: 462

Merit: 2

Or more interesting to hear with words: The economic downturn in 2019,
I also say and can be predicted from social media,
about the destruction of the economy this year almost all countries experienced the same thing. It can also affect crypto and investment, hopefully for the future of the economy in 2019 this is better.

Topic: Economic crash in 2019! - page 8. (Read 2014 times)