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Topic: Financial Crisis Will Come - page 19. (Read 19865 times)

member
Activity: 150
Merit: 12
June 11, 2018, 03:17:30 PM
#66
I do not really understand where the previous crisis went. With the collapse of the mortgage market, the American financial elite has not figured it out. A huge number of loans and left nothing obecpecheno. it is time to recognize that such crisis phenomena are not accidental but systemic. The problem is in the very form of the economic structure in which everything is built around one national currency with unlimited emissions.
hero member
Activity: 2128
Merit: 655
Leading Crypto Sports Betting & Casino Platform
June 11, 2018, 03:02:43 PM
#65
jr. member
Activity: 210
Merit: 1
June 11, 2018, 10:19:27 AM
#64
Its possible that there will be financial crisis but I know we can overcome those challenges and can still hold and stand.We just need to prepare everything to overcome all struggles.
sr. member
Activity: 686
Merit: 260
June 11, 2018, 10:12:52 AM
#63
In 2 to 3 years time another crisis will come and at that time the crypto currency will flourish again with new all time high prices.

I think if fiat currencies will fall in value due to the upcoming crisis you predict, then high prices for crypto will be unavoidable, but that's not what we expect from crypto in general. What we expect is that the price of the most established coins in USD will rise while the purchasing power of USD will remain the same. Only this process we can call rising in the real sense of the word. Otherwise it will be just monetary depreciation of fiat currencies.
What would it be if usd rate decrease and started to have no value how bitcoin and other crypto will stand itself? I have an idea that it will remain based in crypto dollar rate in online but having without a fiat.
How will other crypto will rise by purchasing power of usd if it is not available in fiat?
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
June 11, 2018, 09:53:02 AM
#62
In 2 to 3 years time another crisis will come and at that time the crypto currency will flourish again with new all time high prices.

I think if fiat currencies will fall in value due to the upcoming crisis you predict, then high prices for crypto will be unavoidable, but that's not what we expect from crypto in general. What we expect is that the price of the most established coins in USD will rise while the purchasing power of USD will remain the same. Only this process we can call rising in the real sense of the word. Otherwise it will be just monetary depreciation of fiat currencies.
member
Activity: 280
Merit: 11
June 11, 2018, 09:34:20 AM
#61
Merited for good observance of what is happening with the world.  Grin
Love the last part.
Mutual funds, insurances and retirement funds. All of this had a larger risk even before.
We do not see it on news. That had been a question for me for a long time.
I have seen a lot of old people and their stories about how they went down just because of this.

First they say bitcoin is not real because it doesnt have a physical attribute. Why not go with gold then? They say it is too expensive?
So where will you go? Investment scams? HYIP? Pyramids?
All of those got no physical appearances also. It is just the owner who will profit from all the work of inviting more people.

Stop it. Go for the real one. Bitcoin is. Just look at how much it rise after a year. Then you can go withdraw if you want.

PS: Please. Not the banks.  Grin

As discussed on the posted topic, we've seen the history in the market trading, where the time line in the past,Financial crisis had happened, the entry of Bitcoin or the crypto currency in the trading market transaction changed the out look of the Trading Market.  Yes, everyone is saying that, a possible financial trading will happened soon or later. But, i am just wondering what  will happened on the crypto currency or on Bitcoin? One thing i know, crypto is Decentralized digital system of transaction, and only a fraction of Bitcoin users affect or contribute to the supply and demand on the economy.
jr. member
Activity: 262
Merit: 1
https://saturn.black
June 11, 2018, 09:22:30 AM
#60
today the economy becomes second only to technology or weapons, nowadays western countries compete to increase their weapons sophistication.
newbie
Activity: 60
Merit: 0
June 11, 2018, 09:08:02 AM
#59
экономика в нашей стране пока не стабильная, надеюсь все нормализируется.
hero member
Activity: 742
Merit: 526
June 11, 2018, 08:58:17 AM
#58
It's almost too good to be a coincident that as soon as the world started using fiat based currency, or currency that was able to be issued on fractional reserves, financial crises around the world started happening at a much faster pace.

That's simply not true. Before WWI there was a never ending succession of economic crises in industrial countries like US, Germany, England, etc which were all on gold standard then. It can be said that the war itself was an inevitable outcome of this economic dead end. What we consider as economic crisis today has little in common with what happened in that day and age, with thousands of people literally starving to death in the streets.

This is why I'm personally invested in bitcoin a lot. I believe that it is able to provide everybody with a hedge against any financial crisis events that results in the bubble of the fiat system bursting. It may seem too distant right now to prepare for, but who expected Zimbabwe, Venezuela, Argentina, Greece etc. to have such huge financial crises, until it actually happened or it was very close to happening?

If the shit hits the fan in earnest throughout the world, cryptocurrencies will be worth next to nothing. People simply don't know what real crisis and economic meltdown means in practice as they never saw the one (in developed countries, at least).
newbie
Activity: 168
Merit: 0
June 11, 2018, 08:46:26 AM
#57
The large amount of dollars circulating in the world has already begun to flow from countries with poor economic conditions, leading to the collapse of many countries!
The United States is trying to escape the economic crisis through trade war!
full member
Activity: 1316
Merit: 126
June 10, 2018, 07:48:56 PM
#56
What do you think, how financial crisis will affect cryptocurrencies market when it come? Is financial crisis good or bad for cryptocurrencies?
I may think that we should never put all our assets into crypto alone, though I'm not on the negative side nor getting hated with crypto but it could be the reason to survive and never loss to much. Crypto isn't stabilize yet, and still more years to come to make it fully accepted by the people and consider to be another form of currency accepted by all establishments.
hero member
Activity: 1526
Merit: 596
June 10, 2018, 07:43:28 PM
#55
It's almost too good to be a coincident that as soon as the world started using fiat based currency, or currency that was able to be issued on fractional reserves, financial crises around the world started happening at a much faster pace.

Quote
This system also punishes prudent people who put the most trust in its promises and its official narratives.  But we have a long-term defense: buy gold, silver, and Bitcoin!

Exactly.

This is why I'm personally invested in bitcoin a lot. I believe that it is able to provide everybody with a hedge against any financial crisis events that results in the bubble of the fiat system bursting. It may seem too distant right now to prepare for, but who expected Zimbabwe, Venezuela, Argentina, Greece etc. to have such huge financial crises, until it actually happened or it was very close to happening?
member
Activity: 168
Merit: 12
June 10, 2018, 07:17:33 PM
#54
It seems that the cycle of economic and financial crisis once every 10 years is worth worrying about and can have a big effect on bitcoin. But let's hope that when it happens bitcoin already prepare themselves in the face.
member
Activity: 238
Merit: 10
“The Future of Security Tokens”
June 10, 2018, 06:52:26 PM
#53
Yes, it seems so. Soros said this as well. Biggest governments know that something big and really complicated in economics is coming...
legendary
Activity: 1526
Merit: 1179
June 10, 2018, 06:36:14 PM
#52
A lot of people in the establishment believe that cryptocurrencies will be the cause of the next crisis. Common Joes rushed in when the price of Bitcoin was increasing, dreaming of doubling their money in a few days. Now, their portfolios are deeply in the red and if they have borrowed money to buy cryptocurrencies, it is no different from the housing crisis.
The tool isn't the problem, but people are as always. The average joes are horrible when it comes to being productive and have that work for them in the way that it helps them increase their wealth gradually.

Crypto is for them a way to compensate for how they never managed to reach a state in their life that would allow them to become successful and wealthy. It's like a poor man's way of trying to become wealthy.

It perfectly explains why the average joes are going nuts on crypto, and then mainly the lower tier coins. These coins pump or dump hard, which is why they go for it. 5% of them hit the jackpot, and 95% loses everything.
member
Activity: 336
Merit: 12
June 10, 2018, 03:17:08 PM
#51
This is detailed and intelligent analysis of cyclical nature of the world economy. I'm lucky to be among the frontiers in cryptocurrency and would not need to bother about another global recession. The annoying thing is some of the rich knows and are silently preparing for it. This year 2018 makes it a decade since the last recession, another might be on the horizon. Only the observant would know and be prepared.
legendary
Activity: 1918
Merit: 1012
★Nitrogensports.eu★
June 10, 2018, 03:02:01 PM
#50
A lot of people in the establishment believe that cryptocurrencies will be the cause of the next crisis. Common Joes rushed in when the price of Bitcoin was increasing, dreaming of doubling their money in a few days. Now, their portfolios are deeply in the red and if they have borrowed money to buy cryptocurrencies, it is no different from the housing crisis.
member
Activity: 280
Merit: 11
June 10, 2018, 02:59:44 PM
#49
once the 10 years cycle is completed we can see financial crises on rising due to banking system failure and lack of jobs we may see new financial crises hereafter if we hit for financial crises this time the market downtrend will be huge
newbie
Activity: 56
Merit: 0
June 10, 2018, 02:45:19 PM
#48
The financial crisis is about to happen, the government has anticipated all the possibilities that could cause the financial crisis to happen again. So far, the government has strengthened a number of factors.
pey
sr. member
Activity: 546
Merit: 251
Free Crypto in Stake.com Telegram t.me/StakeCasino
June 10, 2018, 12:49:05 PM
#47
I think 21th century is very different than 20th century, economy is anymore much more important for governments as a weapon. I don't think there will be a financial crisis for bitcoin adoption.
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