Financial Crisis Will Come - page 20.

Twentyonepaylots

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Quote from: Reid on June 08, 2018, 03:54:58 PM

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

A lot of issues now coming about Bitcoin, the issue on Banned,Scammer, and the principality of Bitcoin in the market. A decentralized system in the Digital transaction is no relation on the possible financial crisis, One economy can suffered crisis due to other reason, like inflation, over supply of FIAT money, problem on the supply and demands of the prime commodities such Oil products, utilities, foods, industrial materials, devaluation of FIAT money, like USD,YUAN,YEN...etc,etc, which may result to drops in the market trading or stocks trading.

Theb

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Quote from: BobK71 on June 07, 2018, 12:45:19 PM

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!

I like how your post ended up by convincing us to invest our money on assets and you are right to do so. If you are right that another recession is coming then the best way to battle it is with assets outside of our fiat currency and that is including stocks. And if you really want to take advantage of the situation be like Warren Buffet where he bought most of his assets during the recession. Buying assets when the prices are down are like buying things at a discount, although the main problem here is do you have enough money for your daily expenses and for you your investments? That is why you always need to have Fiat currency savings as you never know when you will need it.

privedvelosiped

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ynclksnr321

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I think the economic crisis will affect the bad side. Because people investing abstain due to the crisis is quite a normal situation. In the crisis period, there will be no hot introduction in the big sense to the markets.

eroejoe

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What do you think, how financial crisis will affect cryptocurrencies market when it come? Is financial crisis good or bad for cryptocurrencies?

cyberkuto

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onrise

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Quote from: Chint_82 on June 09, 2018, 02:53:05 PM

may this crisis be resolved and find a solution, even in a desperate state, there must be a way out to overcome it, and likewise with this, whether it be chaotic or slow will surely be overcome by finding a solution, keep the spirit

Things come and go as like after every night their is a day so somethings are just not in your hand. So only thing what you can do in such situation is taking some precaution so that atleast you are better even in the worst situation rather than crying about it.

1Referee

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Quote from: tee-rex on June 09, 2018, 12:17:40 PM

And what makes you think that you can't make final settlements with real gold?

I probably should have stated that it were internet transactions and not actual face-to-face transactions.

Quote from: tee-rex on June 09, 2018, 12:17:40 PM

But isn't this what big fish, that is countries like China, Russia, and others like them are doing anyway? We are told by the speaking heads that they are buying gold now and then, but how much do we really know about their gold purchases and what they are made for? Maybe, these countries are in fact just settling accounts between themselves in actual gold?

It happens everywhere. I have seen how properties locally have sold for Gold, but that was more to avoid tax hits since it pays off to have it settled in Gold instead of fiat. Governments dealing with each other in Gold bulk is pretty normal since there isn't anything else that enjoys more overall trust than this precious metal, especially when the level of trust between transacting governments is ultra low. I do however believe that at some point Bitcoin might start playing an important role here. It makes things much and much easier.

jaysabi

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Zachwolf

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Quote from: Reid on June 08, 2018, 03:54:58 PM

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

It is only a kind of rumors that maybe can reduces the market of crypto currencies. Hopefully it will not happen even though BTC,ETH and other altcoins are still in low value.

LeGaulois

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The financial crisis are a result of the politics applied by governments, central banks, and other institutions. Printing free money is not going to help an economy, it helps only the central banks. The banking system is based on trust but less and fewer people are trusting the banks. The problem is you can't live without a bank account. The bankers changed from doing a banking job to, doing a money collector job.

ModGirl

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Quote from: Chint_82 on June 09, 2018, 02:53:05 PM

may this crisis be resolved and find a solution, even in a desperate state, there must be a way out to overcome it, and likewise with this, whether it be chaotic or slow will surely be overcome by finding a solution, keep the spirit

It will make it get vanish as it come and go but we actually now have learn a lot that how to deal with it, we are earning good amount of money with bitcoin it takes time but it become prefect, I think now a day bitcoin has helped people to overcome 90% of poverty and it has reduced the unemployment by giving us jobs and earning resources so financial crises are almost done.

Chint_82

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may this crisis be resolved and find a solution, even in a desperate state, there must be a way out to overcome it, and likewise with this, whether it be chaotic or slow will surely be overcome by finding a solution, keep the spirit

tee-rex

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Quote from: 1Referee on June 09, 2018, 09:20:08 AM

I am doing quite some USD based business and from my position it is very important to have a strong Euro. In 2016/2017 there was a harsh period where the value of the EUR dropped significantly against the USD, which would have harmed my income at that time if I wasn't invested in Bitcoin. Instead of overpaying in Euro's, I managed to have everything settled in Bitcoin. Can you do that with actual Gold? Wink

And what makes you think that you can't make final settlements with real gold? Well, you personally may not be able to do that because you are too small a fish. But isn't this what big fish, that is countries like China, Russia, and others like them are doing anyway? We are told by the speaking heads that they are buying gold now and then, but how much do we really know about their gold purchases and what they are made for? Maybe, these countries are in fact just settling accounts between themselves in actual gold?

Herbys

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The crisis may begin at any time, the collapse of the Greek economy or the collapsed US pension system may give it a push.

1Referee

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Quote from: Tynovten_ on June 09, 2018, 03:56:20 AM

Sooner or later the crisis will happen. It has already been told by our religion when our religiously spoken leader comes up, then it will happen and this is nothing that can change.

I think you are talking about a different crisis than the crisis OP is referring to. It has not much (closer to nothing) to do with religion.

Quote from: Tynovten_ on June 09, 2018, 03:56:20 AM

I'm not sure bitcoin will survive in that era so I keep exploiting the existence of bitcoin at this time. The only investment that I will do sometime in the future, is gold investment.

Bitcoin is digital Gold, and it will keep gaining adoption as being that. Completely disregarding my bias towards Bitcoin; it offers the easiest and fastest way to hedge a looming crisis and all of its other shitty side effects. It's impossible to ignore that.

I am doing quite some USD based business and from my position it is very important to have a strong Euro. In 2016/2017 there was a harsh period where the value of the EUR dropped significantly against the USD, which would have harmed my income at that time if I wasn't invested in Bitcoin. Instead of overpaying in Euro's, I managed to have everything settled in Bitcoin. Can you do that with actual Gold? Wink

tee-rex

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Quote from: Reid on June 08, 2018, 03:54:58 PM

Merited for good observance of what is happening with the world. Grin

You can read that stuff at ZeroHedge nonstop 24/7. They have been crying wolf for a decade or so. Or how long have they really been online? Now and then, some random guy springs up here telling some part of their daily repertoire, and a lot of people are kind of surprised and praising them for "good observation of what is happening with the world". Dude, if you like that sort of things ("doom and gloom"), you should definitely visit ZeroHedge, they will fill you up and over.

Though I'm not sure if they like crypto very much.

Kakmakr

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Quote from: TianaStam on June 08, 2018, 03:36:22 PM

The nature of every crisis is cyclic and we should expect a new crisis in coming years, but don't you think that exactly crypto currencies may become a reason for new global financial crisis?

The reason for this is simple, they pump and pump.. until it cannot be pumped anymore and the small "circle of friends", will then exit before the collapse. The other uninformed investors will then be the bag holders and the distance between the informed and the uninformed will just become bigger.

They want the collapse or correction, because that gives them the unfair advantage of having wealth to invest and trade in the new upward growth in the economy.

Tynovten_

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Sooner or later the crisis will happen. It has already been told by our religion when our religiously spoken leader comes up, then it will happen and this is nothing that can change. And the blood fell in the crisis era can not be denied for the sake of the personal economy. I'm not sure bitcoin will survive in that era so I keep exploiting the existence of bitcoin at this time. The only investment that I will do sometime in the future, is gold investment.

VentureHero

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Quote from: Reid on June 08, 2018, 03:54:58 PM

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

This. They don't talk much about the current weakness of insurances, retirement and hedge funds.

Topic: Financial Crisis Will Come - page 20. (Read 19892 times)