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Topic: Global financial crisis - page 2. (Read 1459 times)

twa
full member
Activity: 320
Merit: 100
BitSong is a decentralized music streaming platfor
October 26, 2018, 05:02:57 AM
no one can predict with certainty all of course, of course if there is a global crisis it must be a disaster for everyone not only crypto currency investors, hopefully it doesn't happen
hero member
Activity: 2128
Merit: 520
October 26, 2018, 04:33:13 AM
Nobody really knows when a global crisis is going to strike. It seems like it's a ticking bomb that's about to explode anytime and if that's ever going to happen, cryptoeconomics can be one of the affected areas in investment because people might become less to take the risk if their financial status are already affected by crisis.
And that is precisely why you need to be ready because when it happens it is going to take everyone by surprise and only a few will see it coming similar to what happened with the crisis of 2008 where only a small minority of economist that were honest about the system could predict that a crisis was coming, we know there is another crisis coming that is going to be even bigger and it is one of the reasons for holding my bitcoin.
We must have an idea that things can happen quicker than we think of it, being always ready in this possibilities can help us to react properly, keeping
some investment and holding assets that might bring us good value just in case emergency funds will be needed, being financially stable can be done
if we invest now and continue to hold and anticipate what possibile thing can happen in the future.
hero member
Activity: 2618
Merit: 548
SecureShift.io | Crypto-Exchange
October 26, 2018, 04:05:18 AM
Right now most of the third world countries were experiencing a hard financial crisis. Maybe the impact of this crisis too is getting reflected over the cryptocurrency market. Hopefully the market will regain strength soon as the entire financial outburst faced all around gets resolved. Global economy doesn't have any role to play over cryptocurrency network, but the present situation resembles that there is some dependence.
legendary
Activity: 1442
Merit: 1025
October 26, 2018, 03:27:38 AM
If you are living in a first world country and do not feel the financial crisis yet then good for you but when it comes to the developing countries, the financial crisis can already be experienced like the increase of prices in goods and services. The basic commodities has increase in price and then the salary is still the same that's why people have been suffering.
Developing countries are usually the ones that get to feel financial crisis when it arrives. For instance now, USD has been gaining huge strength and for some countries that typically rely on it for foreign payment, based on the fact that they do not even have a perfect economy system, inflation will kick in, things will go awry and before you know it, things will even get worse than normal and that is something that would basically be classified as financial crisis for them. Good thing we have the crypto space to rely on, and that is what matters the most isn't it ?

we know there is another crisis coming that is going to be even bigger and it is one of the reasons for holding my bitcoin.
Global financial crisis is not something we can get to easily see worldwide, as it would only affect some few set of places in the world and that is all. We know financial crisis has apparently hit so many countries already with their dilapidated economy. In cases like this, we tend to get to see people trying to look for an alternative and for what it is worth, I believe one way or the other, this space will become one of those spots where a lot of investors will want to be storing value for what they have.
sr. member
Activity: 616
Merit: 252
October 25, 2018, 12:53:33 AM
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.

How long do you guys think we have until we face the next crisis?

If you are living in a first world country and do not feel the financial crisis yet then good for you but when it comes to the developing countries, the financial crisis can already be experienced like the increase of prices in goods and services. The basic commodities has increase in price and then the salary is still the same that's why people have been suffering. It may not be felt by those people who has money but for those who has enough before, it is not enough now and much more to those who has less enough before and they are barely able to eat three times a day.
sr. member
Activity: 840
Merit: 254
October 24, 2018, 10:44:35 PM
Nobody really knows when a global crisis is going to strike. It seems like it's a ticking bomb that's about to explode anytime and if that's ever going to happen, cryptoeconomics can be one of the affected areas in investment because people might become less to take the risk if their financial status are already affected by crisis.
And that is precisely why you need to be ready because when it happens it is going to take everyone by surprise and only a few will see it coming similar to what happened with the crisis of 2008 where only a small minority of economist that were honest about the system could predict that a crisis was coming, we know there is another crisis coming that is going to be even bigger and it is one of the reasons for holding my bitcoin.
member
Activity: 392
Merit: 10
Fast, Smart, Trustworthy
October 23, 2018, 03:12:57 AM
The global financial crisis is normal. The current economic system is not perfect. The economic cycle is more obvious, but time may be faster than we think. It may appear in 2019.
hero member
Activity: 840
Merit: 516
October 23, 2018, 03:03:51 AM
I think right now in several country already happen economic crisis. Most currency fall the value againts dollar and goods price already increasing. Hopely it will pass away because if economic crisis happen, many people will suffering and poor people increase
Actually what happens in the market is normally the result of the policies implemented by the heads of the countries. If we talk about the financial crisis that is predicted by the economists, it is the result of the policies made by the American elect Donald Trump for saving the American job thereby implementing huge tariff over the China's and Turkey's import of the commodities.

This inured huge loss to both these counties and they formulate an counter strategy to do the same so in one way or the other, the financial market is sinking for many countries.

full member
Activity: 434
Merit: 101
October 18, 2018, 06:09:56 AM
Nobody really knows when a global crisis is going to strike. It seems like it's a ticking bomb that's about to explode anytime and if that's ever going to happen, cryptoeconomics can be one of the affected areas in investment because people might become less to take the risk if their financial status are already affected by crisis.
member
Activity: 333
Merit: 10
October 18, 2018, 05:20:07 AM
This is expected to be correct, but I don't think the financial crisis has stopped. At least for the poor, they have never stopped. I think 2019 may be very dangerous.
hero member
Activity: 1092
Merit: 523
October 18, 2018, 04:51:59 AM
  It will be a recession but not a financial crisis. There has to be an underlying market risk to the entire system (ex the US housing market.) All expansion and recessions are cyclical. Looks more like 2020 though Undecided
This particular financial crisis is connected to the declining prices of the assets that may possibly result in the inability of the people and countries to pay back the debt plus the expansion of the financial market and system. Pumping capital is not so easy for the investors and many of them prefer to stay aside and rather wait until the market gets stabilized.

It can be connected to the financial crisis that hovered over the market back in 2013 but that time the demand for the coins was way too down and so were the prices. Right now, both these factors are high so we might not need to wait longer to get back in the boom.
jr. member
Activity: 87
Merit: 1
October 17, 2018, 05:32:05 AM
  It will be a recession but not a financial crisis. There has to be an underlying market risk to the entire system (ex the US housing market.) All expansion and recessions are cyclical. Looks more like 2020 though Undecided
If we see the overall conditions of a country it is going better and better because with the passage of time the purchasing power of the people increased and they are now living comfortable life compare to that of 20 years ago. The world is now going towards digital currency and the globe village will become global market. In my country corrupt politicians creates temporary financial crisis for political scoring.
member
Activity: 420
Merit: 14
October 15, 2018, 08:49:50 PM
I think we're just getting hit by crisis left and right. Without recovering from obe crisis we will be hit by another and another and another until we eventually collapse under the weight and realize that the people who are in control of the economy are the only ones who are thriving in this kind of environment.
newbie
Activity: 8
Merit: 0
October 15, 2018, 03:44:40 PM
About the Global financial crisis, It is very difficult to say what will trigger it [the next crisis] but we are at the latter end of the economic cycle where people take greater risks. There are problems in emerging markets so for me the global financial crisis will be the greatest task for every human being
jr. member
Activity: 82
Merit: 2
October 15, 2018, 06:36:14 AM
The next crisis? I think the country that I live will face a new crisis, where the price of the US Dollar is skyrocketing, and according to information that it is also the result of world financial turmoil and impact on developing countries. And the government is currently working to restore this situation, with various solutions, although not yet seen significantly Sad
Developing countries always face financial crises. The will never overcome their financial problems. i have seen world financial crises seldom, but it is a fact that when one country faces financial problems his neighbors also in hard times. Imports and exports of a country affected. In the near future I heard that Dubai will face great financial crises and expo 2020 will not help them at all.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
October 13, 2018, 02:22:54 AM
I think right now in several country already happen economic crisis. Most currency fall the value againts dollar and goods price already increasing. Hopely it will pass away because if economic crisis happen, many people will suffering and poor people increase

Yes, we can watch on the television, and we see that some of the countries have the demo to their government and this can attract the other country to get the same problem. Soon, I think this will affect the big country too as they cannot survive in the global financial crisis if they don't have strong support from the other big country. I cannot imagine what will happen in 2019 as if this continues, then more people will suffer. But let's hope that in 2019, the situation will be better than today.
member
Activity: 256
Merit: 36
October 13, 2018, 02:16:40 AM
I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.

How long do you guys think we have until we face the next crisis?
I think the we will encounter this dilemma again far sooner as the currency keeps higher and the fatal increasing of values in the market. Banks can keep those money but not securely as what is to the past years. It is much evident and successful to invest money through bitcoin because the chance of being encrypted is not that higher or lets say in  other words  it more safely to have bitcoins that trusting a bank
sr. member
Activity: 1428
Merit: 251
October 13, 2018, 02:00:39 AM
I think right now in several country already happen economic crisis. Most currency fall the value againts dollar and goods price already increasing. Hopely it will pass away because if economic crisis happen, many people will suffering and poor people increase
member
Activity: 714
Merit: 11
BountyMarketCap
October 12, 2018, 09:35:02 PM
maybe soon to remember the trade war between America and China which both increased the import costs for each. this situation has a negative impact on other countries such as France, Russia and others. if this continues, the affected countries that are affected can experience a crisis, but that will not affect crypto. and crypto can be an alternative to the country's currency and will become increasingly solid.
sr. member
Activity: 1876
Merit: 259
October 12, 2018, 09:27:51 PM
I don't think that the global crisis will have a positive impact on crypto values, but it will be the opposite.
The value of cryptocurrencies will plunge uncontrollably, because almost every price of staple goods will definitely be expensive, only some people will invest in crypto and I personally don't expect that to happen.
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