Topic: Financial Crisis Will Come - page 9. (Read 19914 times)

The state within which the market is going down has really scared most people to invest and in the absence of investment, investors will be short of finance for some time and may be financially broken.

Umm....wouldn't you want to diversify or hedge the bitcoin?  I'm not sure how wise it is to keep most of your wealth in crypto, even if you're young and have a high income.  It's one of the riskiest investments you can make.  I think it's even riskier than getting into the stock market right now.

I'm not a huge fan of metals, but honestly right now gold or silver might not be a bad way to store some value.  Metals have been beaten down severely since 2011, and I don't know if they're going to fall much further.

As to the OP, there certainly does seem to be a pattern of financial crises coming every decade or so, but that might give you a false sense of being able to see the future.  And you know what?  I'm not sure why more people aren't talking about how these ICOs might be in a bubble, that crypto itself might be ripe for a fall.  Not everything crashes all at once.  In 2008, it started with the real estate market and banks, and the entire stock market followed.  I think the next big event might be crypto followed by the stock market--or at least crypto by itself.  Bitcoin might come away unscathed, but I think shitcoins and new ICOs are going to take a big hit.

The banking lobby claims unreliability and the imminent collapse of crypto currency, but purchases mining equipment while simultaneously knocking down the current exchange rate of digital money.

Financial crysis is coming! There is no way to avoid it and more stock market is growing and longer gap between last crysis and upcoming, the more powerfully will be correction. Something says me that it will be the strongest crysis for the last 50 years. But I don't care because of it. Do you know why? i keep my savings in crypto and it means that I am in safety. Nobody can get my money. What is more, crypto is supposed to grow at the moment of crysis

Well a sigh that economy is boiling is when salaries are rising. Simply because o lack of workers. I think the economic crisis will not happen before 2021 and will sync with next Bitcoin bubble burst.

It looks the crisis will come very soon, real estate and stocks are a bubble.  They are due for a MAJOR crash.  A lot of jobs are being overtaken by automation and wages are not rising. 

Many will claim crypto is reason why crisis happened. So much of a lifeboat. Crypto will have ruff times when that happens in any country for sure.  Also when crisis hit, everything will crash including Gold and also Crypto. Because of volatility the crypto crash will be huge. But yes, gold and good crypto will recover fast.

   Who is to say that BTC (crypto) isn’t being prepared as a lifeboat for smart money before the world economy crashes. Let’s face it, what else is it’s long term purpose? Next crisis will most likelly be debt crisis - everyone will try to minimize counterparty risk incl banks etc.

it seems like this happened because of the trade war between China and America. so that it has a global effect on all countries. we know that two countries are economic giants in the world

We are going through financial crisis at the moment actually. Because of world wide inflation rate right now. Economy of each country are down. Everything prices are going up.

We can not hold of it , in every business whether small or big business might experience this kind  of events wherein financial crisis will hit every business , but this crisis will be just recovered in time to come, so like this crypto investment this could also experienced this financial problem in their individual business.

You are right, financial crises are so recurrent that they seem to be giving clear signals that the current system has serious flaws that will sooner or later cause it to collapse, or that the system itself seems to be intentionally causing these crises to benefit from them.

That is why despite the FUD spread by these dark interests, we must persist in our commitment to the development and promotion of cryptocurrencies as a valid opposition to that rapacious and unscrupulous economic system, although we must be aware that the task will not be easy and at all times we will find a strong opposition on the part of those hidden powers.

It already came into many countries. Venezuela and Turkey is already there, Greece and Spain still not doing amazing after the last one, Russia is doing alright but at what cost, Arabic peninsula is spending money like hell and oil is not getting bigger, its drying up, as far as I know the only country that is doing great during the last few years is Germany and maybe china if you consider holding debt as good.

Financial crisis is not "coming" , its already here and its affecting everyday people and their expenses, I suggest we start looking at it that way because it becomes ignorant if we only say it arrived when it affects us.

It is well insinuated already that the cryptocurrency market has hits down moments already for the year 2018 and we are merry go rounding the resistance level. I can say that we are currently in the midst of the cryptocurrency financial crisis. We only await the ETF release into the markets to lift it up from the dip.

Oh, surely it will come. Some people live today a lot better than they should do and in the opposite billions of people live in bad conditions and that cannot last forever.

Rather than argue about who said what and all that, could you humor me just one more time, and provide an answer to my point: "the entire reason deflation is so painful is that supply and demand were distorted by central bank/government-driven financial asset inflation in the first place, during the 'good' times.  This has been the dynamic throughout all of modern history, enabled by the ability to print money and debt.  Anti-hard-money commentators actually use deflation as an argument against hard money."  Thank you.

There is no need for the total supply of base money to grow.  (The prosperity and growth of Renaissance Italian cities, and China from the 1500s through 1800s, where base money was physical gold and silver, serve as counter examples to the idea that a 'flexible' money supply is necessary.)

In a truly free market scenario, *credit* would grow and shrink according to the natural rate of economic growth, and *private* desire or lack thereof to invest or spend.  Since there was no systemic bias from the elites' policies, people would only invest and spend what they could afford to lose.  The economy would be naturally stable as people wouldn't panic from losing savings.  (They would keep their core savings in hard cash.)  People would tend to be in jobs where work was really desired by those who pay for it, so employment and demand would be stable.

Now this is not to say there wouldn't be natural swings in economic conditions due to genuinely misjudged investments, project disasters, etc., but that is unavoidable under either system.  What we would avoid is the much more frequent and worse state-driven booms and busts, from the Tulip bubble to the 2008 crisis.

True, the supply of gold and silver fluctuates independently from economic growth.  This just goes to show no money is absolutely perfect.  But we're nowhere near having to worry about fighting nature, when we have human beings deliberately pretending money and credit are good while the fiction holds, and deliberately making the suffering worse, by tightening money to protect their system, once the bust occurs.

There is no need for the state to get involved in stimulating credit formation, since the desire to profit from a good investment is universal.  The only reason governments and central banks get involved is to benefit the elites.

In my opinion, in many cases people will only act when it's too late, which makes me feel sorry for them, but on the other hand, their ignorance and unjustified trust in the ordinary economy make them lose. We have gone through so many economic difficulties, that people must have a wake up call many years ago
I'm happy that I don't need to damage anything because most of my wealth is parked in Bitcoin. I do have a relatively small amount of gold, but I don't plan to add even more in the coming years, unless the tank prices gold in, but that is very unlikely. In other words, I'm good.

If the world financial crisis comes, the holders of the cryptocurrency will be able to make a big profit

I think financial crisis is on the way because many big countries are like to do trade war with each other. due to trade war we have seen many south asian countries loss its currency value, you can take example of Indian rupee, It losses more than 8% value against USD and similarly other countries do so.
I think all nations have to work together so that every one can grow together. we should play fair play with each other.

It is bad if a financial crisis happens again. It will bring bad things, poverty, unemployment, people are stagnant. I hope the countries will have a good policy for the current economy.