Author

Topic: Recession in the Economy (Read 1996 times)

copper member
Activity: 38
Merit: 7
December 11, 2018, 09:12:42 AM
#84
US bond yields are unlikely to rise much further this year, Capital Economics says.
And analyst expects benchmark 10-year bond yields to finish 2019 back at 2.5% — around 70 basis points lower than their current level.
full member
Activity: 476
Merit: 100
December 10, 2018, 02:11:52 AM
#83
I think this is a weird occurence and it really boggles my mind. First is that we are all told that since Crypto currency is decentralized, it will not be affected by any movement of the stock market. Now the stock market is down and it looks like crypto currency is down too. I don't know the reason but I'll keep holding.
member
Activity: 490
Merit: 10
November 13, 2018, 11:24:54 PM
#82
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?
That is a sad truth. It seems the technology companies are now outdated. Although Amazon is a very good sales company, Microsoft and Facebook, Google is still down. I think the news about the leaked data and technology companies are no longer trusted. That is why it is going down and our market is impacting. we are really deadlocked now.
legendary
Activity: 1386
Merit: 1058
November 08, 2018, 01:05:14 AM
#81
in my opinion, seeing the economic situation this year is very bad for Crypto. The magnitude of the influence of Korea, China and Japan regulation has a major impact on crypto.
What do you actually classify as a bad situation? The fact that the market has been growing over the years consistently or the fact that there was a time bitcoin was a lot far less than a dollar and now the market is attempting to create a bottom at $6k? Come on bro, we need to get one fact straight; you basically see the negativity in the short term because that is basically what you just want to see.

I think people need to start focusing on the long term and if you find that hard to do, look back to where it all started, the price, the fluctuations in between and where we are now, and then judge on that based on what the future is going to be like, considering that we are not even close to mainstream adoption at all.
Of course, a lot of people believe that when situations like this comes into play, a lot of people will be looking for a safe haven and a means to store value for their money and as a result of that, with crypto space being a very easy alternative at the moment, this would basically cause a boom in its price one way or the other, until the recession subsides.

What even brought about bitcoin in the first place was as a result of the 2008 crisis and in such cases coming up again, with global economic policies ruining everything; people will have an alternative for store of value.
newbie
Activity: 10
Merit: 0
November 05, 2018, 03:36:22 PM
#80
Another good example was the stock market crash and subsequent economic downturn in 2000. That was not a recession according to the textbook, because GDP growth was negative in Q3 2000, Q1 2001, and Q3 2001, none of which were consecutive. But anyone who lived through the 2001 recession knows that it felt like a recession during all that time. And in fact, GDP growth did not return to 3 percent until Q3 2003.
full member
Activity: 350
Merit: 100
November 03, 2018, 02:48:20 AM
#79
If we look at the market situation the recession and some up and downs are the nature of the market while i love to hold crypto any time, Bitcoin value have now stable and many countries have welcome bitcoin and crypto so it is very good that people have to invest in crypto for bright future.
hero member
Activity: 966
Merit: 517
November 03, 2018, 02:01:40 AM
#78
in my opinion, seeing the economic situation this year is very bad for Crypto. The magnitude of the influence of Korea, China and Japan regulation has a major impact on crypto.
What do you actually classify as a bad situation? The fact that the market has been growing over the years consistently or the fact that there was a time bitcoin was a lot far less than a dollar and now the market is attempting to create a bottom at $6k? Come on bro, we need to get one fact straight; you basically see the negativity in the short term because that is basically what you just want to see.

I think people need to start focusing on the long term and if you find that hard to do, look back to where it all started, the price, the fluctuations in between and where we are now, and then judge on that based on what the future is going to be like, considering that we are not even close to mainstream adoption at all.
full member
Activity: 924
Merit: 100
GoMeat - Digitalizing Meat Stores - ICO
November 03, 2018, 01:34:25 AM
#77
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?

I dont have an experience about bonds yield, but from economic news that The Fed start raising interest rate, i am believe US economic start to recover and stronger again. But others country will suffering on their growth because Fed Rate effecting on many country economic condition.
Hopely economic crisis not happen
full member
Activity: 477
Merit: 100
November 02, 2018, 08:36:06 PM
#76
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?
If we still use fiat as medium of exchange then it will not good for us, fiat now is being monopolized and manipulated. Many people who saving their money make a leakages in money cycle. Not all people save their money in bank. The afraidness about investment makes the situation even worse. Government should improve the national yield by help their citizens to create micro industry/home industri so the economy can be better.
STT
legendary
Activity: 4102
Merit: 1454
November 02, 2018, 08:04:59 PM
#75
The simple take on bond curves and all kinds of changes is they are bonds that promise to pay dollars in the future.   With an unwinding of debt we will see more dollars in circulation and so currency weakness.   The trend for the majority of my life over decades has been oppisite, more debt, more tightly wound at higher prices.   That trend will end after a time that has lasted a generation basically, volatility and change ensues.

When the economy is in a downturn, bitcoin will be a top choice because it is a decentralized market that will not be affected by external factors.

Bitcoin is traded globally and will be effected by a change in the world economy and its currencies.   What has to be true by that point is that Bitcoin is a usable and useful tool to have no matter the status high or low of that world citizen.      I would not assume Bitcoin is a perfect ship that will rise above all troubles, they'll be many waves and it'll have challenges pretty sure.

Heres a good video I was just watching with Nassim Nicholas Taleb - https://www.youtube.com/watch?v=62rfLjnPxKE
He suggest sthe world is more fragile then ever before and to a greater extent then ten years ago.   Not a complicated argument to make, debt was a problem in 2008 and a decade later we have more of that debt, more of a problem.
BTC is not bound to that debt problem but it has a struggle to be efficient in its operation like every system in use
member
Activity: 700
Merit: 10
November 02, 2018, 07:52:42 PM
#74
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?

Maybe economic crisis getting more closer. I hope it will not happen because many people will suffering but with currency economic system, economic crisis always happen. I think invest in bitcoin is better because its undervalue market
member
Activity: 451
Merit: 15
Investor
November 02, 2018, 12:57:54 PM
#73
Bitcoin will be the top choice right now when the economy slumps as in other respects bitcoin has helped companies to increase revenue and even increase their production so bitcoin will be a secondary advantage when the economy is deteriorating.

This is really true. We can see that bitcoin has a huge potential of helping an economy to grow. We can say it basing thru the past statistics or the value chart of bitcoin. Investing with this will surely generate profit, at the same time helps in many ways such as doing transactions easier.
hero member
Activity: 759
Merit: 500
November 02, 2018, 12:53:17 PM
#72
The reason for the recent global crisis is due to Trump's success in strengthening the US economic sector with various policies issued and not infrequently weighing partners or even disrupting bilateral relations between two countries as example the trade war with China. But that doesn’t mean developing countries must be slumped and can’ take advantage of it.
full member
Activity: 410
Merit: 100
November 02, 2018, 08:46:31 AM
#71
the current economy in the real world must have declined considerably compared to what we previously could not measure from year to year because dollar prices continued to soar.
jr. member
Activity: 392
Merit: 1
November 02, 2018, 07:58:23 AM
#70
According to economics,the slow down of economic activity or the contraction of commercial rotation is called  recession.During the recession, the types of big economic indicators remain the same.During the recession, national average income. employment.,investment costs,production capacity utilization, family income, and business profits all fall a lot.Because of these things become bankrupt or unemployment rate increases.The government seeks to adopt economic policy, increasing the cost of money by increasing money supply and trying to counter the recession.
The recession in the economy is almost everywhere across the globe. Governments are struggling to pay  workers and sustain the economy in their respective  companies. Many people are complaining about the high taxes that are been charged by the governments in many countries. I believe this has also affected the world of crypto to some extent.
newbie
Activity: 29
Merit: 0
November 02, 2018, 06:55:30 AM
#69
When the economy is in a downturn, bitcoin will be a top choice because it is a decentralized market that will not be affected by external factors.
hero member
Activity: 1092
Merit: 523
November 02, 2018, 06:26:10 AM
#68
In my opinion, if theirs economy recession there should also be alternative solution for the main time. I think recession is just part of the economy that undergo a process.
Alternative solution is something you will have to find as an individual and it is either you want to be storing value in physical assets until the recession dies down which is what a lot of people normally do in most cases, and now that there is an alternative when it comes to digital assets, it should even make it a whole lot more interesting for a lot of people in the long run. Recession is something that can happen to any economy that cannot stand on its own, so one way or the other, the choice is yours as a citizen to know how to play your card well so you do not get affected.
Whatever the status or level of recession it would be, we all must adhere the local and national laws while dealing with bitcoin. If the government hasn’t done anything legally regarding bitcoin, we must keep ourselves away but in other case too, don’t wait for so long. Just get into bitcoin world and start earning. Recession wouldn’t happen if govt is dealing all this.
Seriously, so you want to start making the government action, determine the decisions you make regarding making use of or being a part of the crypto space? I really want to see how that is going to work out for you eventually. You think left for the government, they won't mind getting to see us all, get our ass whopped?

If there is going to be any recession at all, it is only going to be affecting fiat and as well as most economy of countries that are somehow interdependent, and this would even mean a lot for the crypto space, as most institutional investors in cases like this are always looking for the best haven they can put their funds for storage of value, and this seems to be a great spot for that.
member
Activity: 490
Merit: 10
October 26, 2018, 12:44:23 PM
#67
in my opinion, seeing the economic situation this year is very bad for Crypto. The magnitude of the influence of Korea, China and Japan regulation has a major impact on crypto.
full member
Activity: 924
Merit: 221
October 26, 2018, 12:28:12 PM
#66
In my opinion, if theirs economy recession there should also be alternative solution for the main time. I think recession is just part of the economy that undergo a process.
What if it will happen to bitcoin? Will you be happy? This is not good if one economy had gone something like this. It is an indicator that the economy has some problems that needs to be resovled. In cryptocurrency, were apparently still the same. The bitcoin market price has falling down lately for it was being controlled by the huge whales (investors with huge market contributions) that plays the market in their every transaction.
Pab
legendary
Activity: 1862
Merit: 1012
October 26, 2018, 12:21:59 PM
#65
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?

Many USA economist are talking about it.Few days ago JPMorgan Chase wrote that chance of recession in 24 months are 60%
Most of economist are saying that USA GDP will slow down
Together with higher borrowing costs and all that tariffs war it will slow down GDP and can cause recession
Most of them are predicting end of hossa on stocks and poor return in coming years
 
full member
Activity: 616
Merit: 118
October 26, 2018, 08:47:24 AM
#64

In times of recession and economic crash one of the best national and international practice any country can adopt is to inject more capital into that crashing economy to boost investment and business activities and bitcoin is a good source of raising capital to reinvest in an economy. my country Nigeria is a beneficiary of bitcoin in this time of recession.
how does it affect now? considering the price of bitcoin is decreasing, is the economy in your country still stable, or is the decreasing in bitcoin prices worsening the economy?
member
Activity: 459
Merit: 10
October 26, 2018, 08:34:00 AM
#63
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?
I think this is a bad thing for me. I am a young person and have just started business. I rely on the crypto market to fund my business venture. Now the market seems to be hit hard by a recession and I'm having a lot of trouble. But all of us are in a similar situation, the only thing to do now is to work diligently.
legendary
Activity: 1652
Merit: 1057
October 26, 2018, 08:19:39 AM
#62
It is always bound to happen once in a while. It happened back in 87 and than again in 2001 and again in 2008, we have been in the longest running bull run of economy ever for the history and not just time but generally in the marketcap valuations, apple hit 1 trillion for the biggest example. How big is 1 trillion ?

Back in the day when "standard oil" was a thing and cornered all the petroleum market all over america it was basically ruining all other competition and ruled a sector by all itself, than it was divided into many small companies in order to prevent this monopoly and killing competition and those companies all combine for a trillion dollars today, yet apple has that all by itself.

Basically the bull run was not only a long period of time (10 is a lot in economy) but also increased faster than any other time in history. This of course caused the prices of everything go up as well and that created a lack of funds on regular people that couldn't afford luxurious stuff anymore and slowly couldn't afford regular stuff neither which caused companies to not sell as much and basically created a recession.
hero member
Activity: 798
Merit: 527
October 26, 2018, 05:20:38 AM
#61
In my opinion, if theirs economy recession there should also be alternative solution for the main time. I think recession is just part of the economy that undergo a process.
Alternative solution is something you will have to find as an individual and it is either you want to be storing value in physical assets until the recession dies down which is what a lot of people normally do in most cases, and now that there is an alternative when it comes to digital assets, it should even make it a whole lot more interesting for a lot of people in the long run. Recession is something that can happen to any economy that cannot stand on its own, so one way or the other, the choice is yours as a citizen to know how to play your card well so you do not get affected.
member
Activity: 396
Merit: 10
October 25, 2018, 01:59:38 AM
#60
In fact, most people involved in cryptocurrencies should know this truth. The economic recession is good for cryptocurrencies. It is important to know that Bitcoin was born in the 2008 financial crisis.
member
Activity: 378
Merit: 10
October 24, 2018, 09:31:49 PM
#59
In my opinion, if theirs economy recession there should also be alternative solution for the main time. I think recession is just part of the economy that undergo a process.
brand new
Activity: 0
Merit: 0
October 21, 2018, 08:30:47 AM
#59
A recession is usually underway when there are several quarters of slowing but still positive growth. Often a quarter of negative growth will occur, followed by positive growth for several quarters, and then another quarter of negative growth. The first sign of an impending recession occurs in one of the leading economic indicators such as manufacturing jobs. Manufacturers receive large orders months in advance. That's measured by the durable goods order report. If that declines over time, so will factory jobs. When manufacturers stop hiring, it means other sectors of the economy will slow. 
newbie
Activity: 7
Merit: 0
October 21, 2018, 11:34:43 AM
#58
A fall-off in consumer demand is normally the culprit behind slowing growth. As sales drop off, businesses stop expanding. Soon afterward they stop hiring new workers. By this time, the recession is usually underway. A recession is destructive. It creates wide-spread unemployment, sometimes as high as 10 percent. That's when it affects most people. As the unemployment rate rises, consumer purchases fall off even more. Businesses go bankrupt. In many recessions, people lose their homes when they can't afford the mortgage payments. Young people can't get a good job after school. That throws off their entire career. Even if the recession is short, typically nine to 18 months, its impact can be long-lasting.
newbie
Activity: 12
Merit: 0
October 16, 2018, 11:42:59 AM
#57
A recession is when the economy declines significantly for at least six months. That means there's a drop in the following five economic indicators: real GDP, income, employment, manufacturing, and retail sales. People often say a recession is when the GDP growth rate is negative for two consecutive quarters or more. But a recession can quietly begin before the quarterly gross domestic product reports are out. That's why the National Bureau of Economic Research measures the other four factors. That data comes out monthly. When these economic indicators decline, so will GDP.
full member
Activity: 994
Merit: 138
October 08, 2018, 09:47:09 PM
#56
The market can be in panic mode at the end of next year if the flattening yield curve turns into full inversion, but will not turn into large-scale sales
full member
Activity: 226
Merit: 100
October 08, 2018, 05:06:21 PM
#55
Recession or economic crisis always happen on our economic system. Its happen because central banks always print paper money. Beside that, current economic condition not good with trade war between 2 big country china and america. I think we are already in economic crisis
The economic crisis has been cyclical and fairly recent in recent times. This shows that the global financial market is in crisis and facing many difficulties. There will be new breakthroughs and new developments that will enable the financial markets to recover and grow.
newbie
Activity: 173
Merit: 0
October 08, 2018, 01:05:25 PM
#54
Economic recession means a consistent decrease in GDP and employment over a period of at least six months. Reduction in total productivity as a result of high level of unemployment is main harbinger or characteristic of economic recession. My country is right now suffering from economic recession. I can say the main reason for this is high level of corruption that has become the very only main way by which our leaders accumulate national wealth into their own pockets and this has negatively affected the economy to the extent that graduates in the country have become vagabond search for jobs that  are not available . With the advent of cryptocurrency, some people have invested in various forms of business through the money they got from crypto. Cryptocurrency had been in place of helping people here in this country. Our concern now is that the government of the country should not take any detrimental step to quit the operation of it in our country. I believe crypto is doing the same thing for other less developed countries of the world.
full member
Activity: 238
Merit: 100
October 07, 2018, 05:45:44 AM
#53
Recession is the part of the economy. There are many reasons for the recession of economy like corruption, frauds, dishonesty, panic selling and many other factors. But whenever there is recession the upturn of the economy is also on the way. It is the ongoing process and no one can have monopoly over it. So one should just go with the flow.
brand new
Activity: 0
Merit: 0
October 02, 2018, 02:49:49 PM
#53
July 1981-November 1982: This recession affected most of the developed world between the late 1970s to the early 1980s. During this time, the Federal Reserve wanted to rein in inflation and, as a result, began to tighten its monetary policy. Effects from the energy crisis in 1979 (the output of crude oil dropped in the wake of the Iranian Revolution, causing an uptick in prices) were also felt throughout the economy. American unemployment peaked at 10.8 percent in November 1982 and GDP declined 2.7 percent.
newbie
Activity: 12
Merit: 0
October 07, 2018, 01:08:05 AM
#52
March 2001-November 2001: This downturn was a result of Y2K, when dot.com companies were enjoying relatively high interest from investors. This boom led to a bust, with stock prices plummeting along with the values of many high-tech companies. But at the time, the Fed continued to raise interest rates, making it more difficult for companies to obtain (cheaper) credit to stay afloat. The 9/11 attacks also took place during this period, which worsened the crisis. The New York Stock Exchange (NYSE) closed for four days and U.S. indices dropped to some of their lowest levels following the attacks.
legendary
Activity: 1120
Merit: 1000
October 03, 2018, 11:18:59 AM
#51
If the economic downturn occurs, I think there will be many people who come to bitcoin because bitcoin also plays a small role for companies to raise capital to continue their production and business activities, reducing the burden on banks. row
Bitcoin affect the economy in many ways. Bitcoin decentralised nature is the main reason behind this. Because of this it does not under control of any kind of authority or government and because of this their is irregularities produce in its production and distribution and this thing directly affects an country national currency. Bitcoin also affect an country bank profits because many people use bitcoin transactions facility instead of bank transfer system. Bitcoin volatile also affects an country share market values. So these thing ultimately affects an country economy.
member
Activity: 798
Merit: 10
September 22, 2018, 10:39:29 PM
#50
Recession or economic crisis always happen on our economic system. Its happen because central banks always print paper money. Beside that, current economic condition not good with trade war between 2 big country china and america. I think we are already in economic crisis
member
Activity: 756
Merit: 12
September 22, 2018, 09:00:03 PM
#49
With trade war and turkey condition, we are close to global recession. Hopely turkey condition will be going better and not affecting to others country because it will really sad if crisis always repeat
newbie
Activity: 12
Merit: 0
September 22, 2018, 04:17:36 PM
#48
A depression is a deep and long-lasting recession. While no specific criteria exist to declare a depression, unique features of the last U.S. depression — the Great Depression of the 1930s — included a GDP decline in excess of 10 percent and an unemployment rate that briefly touched 25 percent. Simply, a depression is a severe decline that lasts for many years. There have been 33 recessions in the United States since 1854, but there has been only one depression since then.
jr. member
Activity: 42
Merit: 2
September 17, 2018, 09:57:28 AM
#47
I think Bitcoin will be the top choice right now when the economy slumps as in other respects bitcoin has helped companies to increase revenue and even increase their production so bitcoin will be a secondary advantage when the economy is deteriorating
brand new
Activity: 0
Merit: 0
September 17, 2018, 09:14:08 AM
#47
Even though recessions are portrayed as short-term events, there are longer term consequences that come from a period of economic downturn. Higher unemployment can mean that affected people and families may be forced to put off saving for or pursuing educational opportunities, buying a home, or just saving for a rainy day. The quality of life and standard of living for most people start to decline as well, which can affect the stability of families, and their health and overall well-being. Businesses also start to feel the pinch; as consumers freeze their spending, small business profits start to decline and large companies may put off investing in research and development (R&D).
member
Activity: 273
Merit: 10
September 17, 2018, 09:45:24 AM
#46
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?
There are now some investors on the verge of bankruptcy and they have decided to invest in Altcoin and the results they receive are superfluous gains. I believe this is also a way for stockbrokers to rescue their bonds
member
Activity: 270
Merit: 10
September 14, 2018, 04:33:12 AM
#45
The economy does not die like that because of a IP in the market prices. Economy becomes strong when cryptocurrency is strong but we are unfortunate to witness such.
legendary
Activity: 966
Merit: 1000
September 14, 2018, 03:57:03 AM
#44
Bitcoin will be very helpful in times of sluggish economy, because it has several benefits in some cases where its price may be slightly increased/higher during the sluggish economy, and there are some companies that make bitcoin as the top choice because it can still help.
full member
Activity: 395
Merit: 100
September 10, 2018, 01:43:38 PM
#43
There is no economic downturn here. The winning countries will be the country that owns the big data, applying blaockchain technology to produce, making life smarter and more efficient. However, the number of countries or businesses is only a minority, leading to winners and losers in the fourth industrial revolution.
newbie
Activity: 8
Merit: 0
September 10, 2018, 12:37:59 PM
#42
Aside from two consecutive quarters of GDP decline, economists assess several metrics to determine whether a recession is imminent or already taking place. These indicators are divided into two categories: leading indicators and lagging indicators. Leading indicators materialize before a recession is officially declared. Perhaps the most common leading indicator is contraction in the stock market. Declines in broad stock indices, such as the Dow Jones Industrial Average (DJIA) and Standard & Poor's (S&P) 500 index, often appear several months before a recession takes shape. This was the case in 2007 in the United States, when the market began declining in August, four months ahead of the official recession in December 2007.
full member
Activity: 686
Merit: 125
September 09, 2018, 10:06:39 AM
#41
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?
@lami syang bayhana means a good sexy seductive looking girl in cebuano. I came from the Philippines specifically Cebu where we speak cebuano. Anyway as the experts of haters said that they are basing with the curve and it says that bitcoin will going to end. How dare them to say that and compare to a normal curve in their math when in fact this is bitcon and should not compare to a normal curve.
member
Activity: 322
Merit: 15
September 09, 2018, 10:03:32 AM
#40
Short-term bonds are known to offer lower yields, while long-term bonds usually offer higher yields. it all depends on those who get about the offer.
Yes sir i think this is time to invest to get profit with a long term.because price after dropped and more down
brand new
Activity: 0
Merit: 0
September 08, 2018, 07:42:41 AM
#40
There is no reliable way to predict how and when a recession will occur. But, according to many economists, there are some generally accepted predictors that. when they occur together, may point to a possible recession. First, asset prices will begin to decline. This includes home prices and other financial assets like stocks. Another possible predictor is unemployment; generally speaking, a three-month change in the unemployment rate and initial jobless claims will point to a recession. An inverted yield curve is also another predictor. When long-term yields fall below the short term ones (the 10-year vs. the 3-month Treasury securities), a recession will occur. Conversely, a positively sloped curve (in the opposite direction) will signal inflationary growth. Since 1970, all the recessions that have taken place in the United States up through 2017 have followed an inverted yield curve.
newbie
Activity: 84
Merit: 0
August 14, 2018, 02:57:48 PM
#39
When the spread between short and long term levels is narrow, it shows that the market believes that economic growth and inflation are not sustainable and will fall in the future.
newbie
Activity: 53
Merit: 0
August 14, 2018, 02:49:33 PM
#38
I think the bitcoin economy is the best investment. It is good for the economy. There is inflation in the midst of the economic slump. This economic depression has a low income among the cheapest people. It's taxable in tax on people. It's more like bitcoin If a country rules, it can get out of the economic recession.
newbie
Activity: 14
Merit: 0
August 12, 2018, 10:16:24 AM
#37
Bitcoin is useful many ways to the day to day life of the human being. Bitcoin or the crypto currency will not effect any type of the financial recession or the inflation. Bitcoin could help during their economic down turn to certain countries to over come form the inflation. Bitcoin is a strong currency which can operate world wide. Satoshi Nakamoto the originator of the bitcoin intends to provide a suitable currency for the benefit of the global community for their daily use. It is a new form of economy introduced to the world with a strong net work systems incorporated with the modern technology.
newbie
Activity: 156
Merit: 0
August 04, 2018, 01:55:38 AM
#36
Bitcoin or the crypto currency has the potential to resist the economical down turn or the recession in the economy of a country because bitcoin will not effect in any way the inflation or the recession and the bitcoins price will be mostly stable. Some countries could overcome and survive the economic down turn with the help of  bitcoin. The country  agreed bitcoin to operate parallel to their national currencies.Hence the most of the countries are welcoming  and accepting bitcoin parallel to their own currency.
 
member
Activity: 448
Merit: 10
August 04, 2018, 01:10:48 AM
#35
For every recession, stock market and crypto market will be affected and in effect, it will suffer a country's economy and the people will be affected by it. Due to recession, people do no longer have the chance to be involved with cryptocurrency as they no longer have the money or capital to put for an investment. To be able to surpass a recession in the economy, the government of a country should make strategic moves to overcome the recession problem and perhaps seek assistance to some ally countries that could help their country back on track with their economy.
full member
Activity: 291
Merit: 100
August 03, 2018, 10:09:03 PM
#34
The recession in the economy is just what the news cycle is portraying.  The economy has been in shambles for 30 years.  I think the monetary model is shifting from fiat dollar based to crypto.  So I'm not really worried about any recession or drama the box is yelling at me with.  I just stick to the plan. 
full member
Activity: 406
Merit: 100
CRYPTOBLADES Octoblades 10.10
August 03, 2018, 09:57:15 PM
#33
When recession hits a country every is affected its has domino effect form one country to another and so people in the governement are looking for a means on to recover so that they will not get totally to the bottom... they might consider bitcoin as one option to help them in this crucial stage and who knows that by doing it they will able to recover fast.
full member
Activity: 361
Merit: 100
August 03, 2018, 09:39:51 PM
#32
Bitcoin is a strong currency which can operate world wide. Satoshi Nakamoto the originator of the bitcoin intends to provide a suitable currency for the benefit of the global community for their daily use .It is a new form of economy introduced to the world with a strong net work systems incorporated with the modern technology .Bitcoin is useful many ways to the day to day life of the human being.Bitcoin or the crypto currency will not effect any type of the financial recession or the inflation.Bitcoin could help during their economic down turn to certain countries to over come form the inflation.
member
Activity: 585
Merit: 33
Rasputin Party Mansion
August 03, 2018, 06:05:54 PM
#31
Recessions are a problem, on the other hand they are never random, rather they are carefully planned.
So, it is useless to complain, you just need to know how to predict the trends ...
member
Activity: 406
Merit: 10
WPP ENERGY - BACKED ASSET GREEN ENERGY TOKEN
August 03, 2018, 12:40:42 AM
#30
One of the reasons for invention of Bitcoin was the 2008 financial crisis. To rebel against problems like money printing, inflation. So from crypto point of view, we shouldn't be afraid of crisis. In fact, price could increase because of crisis itself.
That will happen in spite of the economic crisis. Electronic money keeps its own perspective on the market. Surely one thing will not matter what happens even opportunity comes from here. The economic downturn has nothing to do with it.
jr. member
Activity: 107
Merit: 5
July 09, 2018, 09:09:07 AM
#29
We are in the digital era right now, and many jobs done by humans will soon be outdated as it can be streamline and even much faster and efficient system, like machines. Time will come that many jobs will be outdated and people will look for another opportunity to turn into and cryptocurrency is one of the choice. Actually, direct sales and Network marketing is gaining its ground as well.
newbie
Activity: 12
Merit: 0
July 03, 2018, 10:52:53 AM
#28
Recession is a normal, albeit unpleasant, part of the business cycle. However, one-time crisis events can often trigger the onset of a recession. The global recession of 2009 brought a great amount of attention to the risky investment strategies used by large financial institutions, along with the global nature of the financial system. As a result of the wide-spread global recession, the economies of virtually all the world's developed and developing nations suffered significant setbacks. Numerous government policies were implemented to help prevent a similar future financial crisis as a result. Typically, a recession lasts from six to 18 months, and interest rates usually fall during these months to stimulate the economy.
sr. member
Activity: 630
Merit: 263
July 03, 2018, 10:39:09 AM
#27
One of the reasons for invention of Bitcoin was the 2008 financial crisis. To rebel against problems like money printing, inflation. So from crypto point of view, we shouldn't be afraid of crisis. In fact, price could increase because of crisis itself.
You have a very primitive approach to economic laws. If the economy is in a recession, then enterprises are closed and jobs are reduced. Where will people take money to invest in cryptocurrencies? Even bitcoin does not have now signs of an independent currency. It's closer to securities and they always go down in value during a crisis.
member
Activity: 350
Merit: 12
July 03, 2018, 10:10:06 AM
#26
The recession can be a problem, and certainly many countries are in trouble.
But there is no direct relationship with the performance of cryptocurrencies.
Last autumn there was not an economic boom and yet the bitcoin did great!
full member
Activity: 770
Merit: 101
July 03, 2018, 08:30:59 AM
#25
 2018 is indeed a very serious economic downturn in many countries. war broke out, the major countries in the world conflict, the recession occurred is evident. But this is considered a good opportunity for investors.
Buy some potential altcoins and hold until everything is recovered. great strategy. Wink
newbie
Activity: 8
Merit: 0
July 03, 2018, 08:26:11 AM
#24
A recession is a significant decline in economic activity that goes on for more than a few months. It is visible in industrial production, employment, real income and wholesale-retail trade. The technical indicator of a recession is two consecutive quarters of negative economic growth as measured by a country's gross domestic product (GDP), although the National Bureau of Economic Research (NBER) does not necessarily need to see this occur to call a recession.

newbie
Activity: 266
Merit: 0
July 01, 2018, 04:08:19 PM
#23
Bitcoin is still known to everyone as the top currency. But in the economy, bitcoin is not always the same value. The economy is getting worse. That's why bitcoin is not seen in the world as bad.
sr. member
Activity: 643
Merit: 253
July 01, 2018, 03:45:26 PM
#22
One of the reasons for invention of Bitcoin was the 2008 financial crisis. To rebel against problems like money printing, inflation. So from crypto point of view, we shouldn't be afraid of crisis. In fact, price could increase because of crisis itself.
full member
Activity: 479
Merit: 100
Enter the future of gaming
July 01, 2018, 01:26:29 PM
#21
I consider that current recession is partly caused by consequences of the 2008 crisis. The 2008 situation has never been fully fixed mut only temporarily mended which may result in a greater crisis in the future.
legendary
Activity: 2562
Merit: 1441
July 01, 2018, 11:23:05 AM
#20
I don't see any special sign of recession, and in any case there is no relation with cryptocurrencies.
We'll see what happens after summer.

If you want indications of upcoming recession.

  • Turkey boasting 12% inflation, argentina and other nations having their currency devalue/inflate
  • Venezuela's hyperinflation continuing to increase
  • Economic sanctions being pursued against iran, russia, etc
  • The united states and china raising tariffs on each other
  • Banks having liquidity issues worldwide
  • Explosion of deficit and debt around the world
  • China, russia and many nations dropping the dollar and US bonds while increasing their gold holdings

There wasn't much warning prior to the economic crisis of 2008.

24-48 hours tops via official channels.

If another crisis or recession hits, we can expect the same.
member
Activity: 546
Merit: 33
Rasputin Party Mansion
July 01, 2018, 11:05:45 AM
#19
I don't see any special sign of recession, and in any case there is no relation with cryptocurrencies.
We'll see what happens after summer.

I agree. It seems that the movement of bitcoin are completely unrelated to standard economy (actually, there was no economic boom in last December, and now there is no recession.)
What we see is just whales' speculations.
legendary
Activity: 1540
Merit: 1016
June 29, 2018, 05:11:29 PM
#18
In the recession period all people will try to hold their money on their hands. All markets will crash.
full member
Activity: 392
Merit: 106
June 29, 2018, 04:54:00 PM
#17
I don't see any special sign of recession, and in any case there is no relation with cryptocurrencies.
We'll see what happens after summer.

Agree with this one. It’s all are mind manipulation from media and economist to validate some of they’re policy and make the world more of exciting place.

I would rather look at recessions as an important propaganda than a worrisome and annoying news.

Lot of people literally been worried with it, but not me at all. Cryptocurrency is out of this equation.
member
Activity: 585
Merit: 33
Rasputin Party Mansion
June 29, 2018, 04:29:05 PM
#16
I don't see any special sign of recession, and in any case there is no relation with cryptocurrencies.
We'll see what happens after summer.
member
Activity: 170
Merit: 12
June 29, 2018, 03:59:08 PM
#15
The most powerful and critical consequence of the recession is the economic crisis. Due to the decline in production, the need for workplaces and the number of workers decreases. This entails a wave of layoffs and rising unemployment. People start to consume less, which leads to a decrease in demand for products and an increase in the decline in production. Behind these events follows the devaluation of money - inflation, further price increases and a decrease in real incomes of the population. That in the end leads to discontent and a decline in the quality of life.
full member
Activity: 1344
Merit: 110
SOL.BIOKRIPT.COM
June 10, 2018, 03:31:51 PM
#14
Business personnel will find alternative ways to increase their financial capabilities and it may lead Bitcoin and other crypto currencies to a new bloom. We are now facing economic problems and blockchain is one of a solution to it.
full member
Activity: 980
Merit: 114
June 10, 2018, 02:16:08 PM
#13
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?
I think this recession is what is also affecting cryptocurrencies and we should understand this so that we can avoid the kind of FUD that is going on as bitcoin is death, bitcoin is falling back to $1,000 and some are even saying bitcoin is going to fall to $100.  Bonds and stocks market has been falling and the curve has showing a long-term bearish trend.
newbie
Activity: 140
Merit: 0
June 10, 2018, 02:02:14 PM
#12
With the recent FUD, you'd expect this and the rate of correction. Give it time and watch the magic of btc
newbie
Activity: 210
Merit: 0
June 10, 2018, 04:15:21 AM
#11
According to economics,the slow down of economic activity or the contraction of commercial rotation is called  recession.During the recession, the types of big economic indicators remain the same.During the recession, national average income. employment.,investment costs,production capacity utilization, family income, and business profits all fall a lot.Because of these things become bankrupt or unemployment rate increases.The government seeks to adopt economic policy, increasing the cost of money by increasing money supply and trying to counter the recession.
legendary
Activity: 2562
Merit: 1441
May 24, 2018, 06:55:13 PM
#10
I think one explanation behind global recession & slowdown is high taxes restricting economic growth as state based programs fail to produce jobs, value, progress or innovation equivalent to tax revenues they collect. It might be said a state operated $1 trillion dollar economic stimulus package fails to create $1 trillion dollars worth of benefits. The same with multi trillion state run plans like healthcare reform which fail to deliver trillions of dollars of benefits to taxpayers. Taxes are too high, tax revenues spent by governments fail to offset negative precedents relating to excessive taxation which in turn reduces standard of living, increases the average work day and carries other negative consequences.

Summarized:

1. Basically the average person gives near to 50% of income to a government in the form of taxes.

2. The government doesn't give enough of value back to taxpayers to justify said high taxes.

3. This results in a significant decline of living standards for the average taxpayer as the state does not provide equivalent value to the taxes they collect.
member
Activity: 350
Merit: 10
May 24, 2018, 05:28:56 AM
#9
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?

I think it will not be forever, because when investors start to pour their money on cryptocurrency most especially in Bitcoin, no it will surely go up again like what it had happened in the previous years. Though it will not be instant but it will surely be going to happen.
jr. member
Activity: 462
Merit: 1
May 24, 2018, 04:37:44 AM
#8

In times of recession and economic crash one of the best national and international practice any country can adopt is to inject more capital into that crashing economy to boost investment and business activities and bitcoin is a good source of raising capital to reinvest in an economy. my country Nigeria is a beneficiary of bitcoin in this time of recession.
newbie
Activity: 84
Merit: 0
May 09, 2018, 06:48:50 AM
#7
Watching the economy graph, I appreciate when the line is a little bit straight than seeing it dropping to the point it shoudn't, Bitcoin helps a lot of people and company strengthening their income growth, and I hope this continue to help also more people that are just new to Bitcoin as well.e
full member
Activity: 518
Merit: 103
May 09, 2018, 06:44:24 AM
#6
If the economy falls back again and another depression will take place, a lot of people might be out of jobs again and turn to look for work off shore or better yet, will try to make their own business, but since there is an inflation, interest ratrs might go up just to compensate for what is lacking, and therr is no doubt that people will get even more curious on looking for ways on how to create their own money or make a living, there is a high chance people will try to invest on crypto currency, but before they do they must know the proc and cons of having one, because if everyone is into crypto currency, and there has been a FUD coming from prominent figures there is a high chance of doubti g their investments and once therr has been a proven scandal or someone taking their money, since there is a down fall of the market and doubt in crypto currency, the reality in Venezuela may become a reality for all of us or even worst a pandemonium since most are stuck in the mind set of working for money, and once there miney is of no value, they might just steal, just like what is happening in some parts of the world.
legendary
Activity: 1596
Merit: 1034
May 09, 2018, 06:33:56 AM
#5
Bitcoin will be the top choice right now when the economy slumps as in other respects bitcoin has helped companies to increase revenue and even increase their production so bitcoin will be a secondary advantage when the economy is deteriorating.
jr. member
Activity: 118
Merit: 1
May 09, 2018, 03:30:36 AM
#4
The 2-year yield remains relatively strong as markets still expect the Fed to send at least two interest rate increases in the remainder of the year, long-term inflation is at a six-month low.
member
Activity: 546
Merit: 17
May 09, 2018, 12:04:35 AM
#3
Short-term bonds are known to offer lower yields, while long-term bonds usually offer higher yields. it all depends on those who get about the offer.
newbie
Activity: 154
Merit: 0
May 08, 2018, 07:47:01 PM
#2
If the economic downturn occurs, I think there will be many people who come to bitcoin because bitcoin also plays a small role for companies to raise capital to continue their production and business activities, reducing the burden on banks. row
newbie
Activity: 10
Merit: 0
May 08, 2018, 06:53:22 PM
#1
Watching the recent trend in bonds this year, what is your say about the flattening of the yield curve?
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