We Are 2007 and next year 2008 - page 2.

flyingcarpet

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Quote from: Londonboss2007 on September 07, 2023, 04:59:00 AM

Like my username we are in 2007 the 2024 year 2008 ..so 2008 started Strong money printing.
Also btc halving next year

So everything calculated Wink

When you move in the market, do not believe in such things. Just as yesterday and today are not the same in the world, the times you are talking about are not likely to be the same. So you have to be careful. We all want to make a profit, but we need something more solid to achieve it.

You may have things you want to believe in, but choosing things that make sense can prevent you from losing money. We all know that Bitcoin will rise in due time, but even that's a guess. So nobody knows the truth. Being careful with your investments will save you from losses.

panganib999

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Bitcoin halving or whatever, the outside economy's still fucked. So we can't really be happy and all that considering that Inflation is taking its course and our money is devalued the moment we convert our crypto to fiat for stuff. Would've been really great if we could just use crypto outright for paying and financing, since it's deflationary and we're not at risk of it losing value as much as fiat loses value every year as well as during economic recessions like the one that's inbound but reality is often disappointing as they say.

goaldigger

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Quote from: Londonboss2007 on September 07, 2023, 04:59:00 AM

Like my username we are in 2007 the 2024 year 2008 ..so 2008 started Strong money printing.
Also btc halving next year

So everything calculated Wink

This could be the start of the bull trend but if you’ll look back at the year 2008, it’s actually the peak of a financial crisis before though I think we are not going to that level again as many started to recover their economy after the shock of pandemic. I’m with you for being optimistic here for next year but of course let’s not expect that much and just speculate for a reasonably price so we will not be hurt if the market turns into a different trend.

Antotena

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Quote from: Londonboss2007 on September 07, 2023, 04:59:00 AM

Like my username we are in 2007 the 2024 year 2008 ..so 2008 started Strong money printing.
Also btc halving next year

So everything calculated Wink

You may be wrong dear, this is the longest bear market the crypto market has ever experience, that is to tell you how much damage that has been done especially how many crypto project that have died. I don't think we are going to have something like that in the past because 2007 isn't the same year as 2023, in 2007 that was 20th century but today, this is 21st century and a lots have change.

The Central bank are not printing any dollars except if emergency should come later that will make them to so, the government are careful of what they do because if they go Brrr, only government will bear the cost operation and will pay back the central bank of the money they asked because it is going to be as more like a loan as fiscal policy.

You should also lower your expectation, look at LTC halving and the value today, it has lost more than 30% of the gains and didn't a new all time or maybe its waiting for bitcoin to recover from the dump and then start pumping.

Mate2237

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Well I can't say anything on this your logic because before you used 2007 and 2008 you have seen the economic strength in those years and for me, I had not been oriented very well in the world economy as of then so nothing come out. Everyone has expectation in the cryptocurrency world about the next halving and the bull market but we should not over excited because what we might see might be different from the predictions we have.

If you want to have peace of mind then remove your mind from the high expectations of the halving and the bull market to come. What you calculated will be different from the reality of it. And this expectation should not intoxicate you to invest what you were not plan for.

usekevin

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The way of thinking from the OP perspective was different,but the OP had forgot something.During the 2008,the strongest economy of the world US economy had get into depression.The world economy was undergo an huge impact.So you mean the World Economy will collapse again because of US economy downtrend.The bitcoin halves was the good news for all the long term holding people,because many people holding the coins since 2021.So hope the long term holders may earn from the upcoming halves.

franky1

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this era is not a bubble burst of real estate. but will become a bubble burst of pensions

remember the last 5 years where UK was truly pushing for gig workers, part time workers and other loose workers to start paying into pensions. because even before inflation. the pension pots didnt hold enough to pay out to the next gen retiree's. and now inflation has hit since covid. that pot is drying up even faster

Frankolala

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I can understand that bitcoin halving is an important event that comes before the bull run. The bull run is what everyone is targeting and and hoping to make huge profit from. Don't get so excited and get carried away with too much expectations because it is only when you make the decision that you will benefit from it.

Have a target price that when Bitcoin reaches,you can take profit or else you might not know when the bull run will be over because you are expecting a higher price. Remember no one can predict exact time when the price of bitcoin will pump and dump,and the exact amount.

Gozie51

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Quote from: Yamane_Keto on September 07, 2023, 10:16:53 AM

The economy changed completely after 2008, and what led to the global financial crisis will not lead to it again. The economy has learned how to avoid a similar crisis, and this happened with a series of bank failures that began some time ago during this year. What will be the next crisis. It will inevitably be larger and have a deeper impact than 2008, but it may not be next year. Economic crises are not always good for Bitcoin. In the year 2020, when the year was affected by covid19, Bitcoin was also affected and is now affected by interest rates. Bitcoin follows the same pattern as most economies in the event of disasters, and we have not reached a level where we are independent.

How was bitcoin affected by COVID-19 in 2020 and also interest rates. I don't think bitcoin was affected in 2020, in the beginning of that year was the start of recovery for bitcoin around $7,200 after it dropped in 2019 to around $3,800. Therefore , I would say that 2020 was the build up to the bull run with the halving despite the harsh economic realities occasioned by the COVID-19. Bitcoin didn't get to ATH of $68,789 in November 2021 by magic but it was the rush in the investment on bitcoin after fiat was having the social contact "fears" which led also to online business revolution and work from home.

Unbunplease

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Certainly, history could repeat itself. And next year, there may well be an alternative to bitcoin that will rival it in three or four years. The future is hard to predict, especially in our rapidly changing times. The printing of money, by the way, has not stopped, given the growing national debt.

Ever-young

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Quote from: Londonboss2007 on September 07, 2023, 04:59:00 AM

Like my username we are in 2007 the 2024 year 2008 ..so 2008 started Strong money printing.
Also btc halving next year

So everything calculated Wink

If we can be able to experience that event which happen back in 2007 and 2008 after the halving that will be a great move and good profit for those who have been able to purchase now that the price is low. But their is a big difference from back then and now that’s why we should not have much of a high hope regarding the upcoming bitcoin halving as their is much of an awareness, holding preparation and other factors which can hinder the pump from being that big as what happen last time.

Why we celebrate the upcoming halving we should not be overwhelmed and convinced that we are going to see price pump and taken a wrong decision of buying with more than what we have at hand, which might require us to borrow and invest hoping to get big profit when the halving happen and price pump up as that can of action can lead us to being disappointed.

Yamane_Keto

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The economy changed completely after 2008, and what led to the global financial crisis will not lead to it again. The economy has learned how to avoid a similar crisis, and this happened with a series of bank failures that began some time ago during this year. What will be the next crisis. It will inevitably be larger and have a deeper impact than 2008, but it may not be next year. Economic crises are not always good for Bitcoin. In the year 2020, when the year was affected by covid19, Bitcoin was also affected and is now affected by interest rates. Bitcoin follows the same pattern as most economies in the event of disasters, and we have not reached a level where we are independent.

Jegileman

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Quote from: Londonboss2007 on September 07, 2023, 04:59:00 AM

Like my username we are in 2007 the 2024 year 2008 ..so 2008 started Strong money printing.
Also btc halving next year

So everything calculated Wink

I see the anticipation for next year bull run is what is getting you so much excited. As every other bull run year, a lot of hopes are in people for a better profit. Every coming halving use to get more attention than the previous one which shows that bitcoin is gradually expanding yearly and the use of it is on the increase.

The market is full of uncertainty and highly volatile, speculative and manipulative. Just prepare your mind that you won’t get what you want completely as anticipated. I won’t say there won’t be profit, it may be above your expectations or below your expectations when it comes, and how you prepare your mind to react to the outcome makes you feel contended with the outcome.

gunhell16

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Quote from: Fivestar4everMVP on September 07, 2023, 06:54:30 AM

Don't get your hopes too high, else, you might just end up more disappointed than you did ever imagine..
Bitcoin halving in every four years is sure an established fact already , but the possibility of a bull run that follows, money printing as you put it, is not certain, that is that, it is not a fact or must that every having will trigger a bull run with, so this should not drive you into investing more than you can afford to lose, which remains the number one rule in Bitcoin and cryptocurrency investment .

So even though the next halving is highly anticipated to come with a bull run, don't depend too much on it, and also , be very wise with your investment decisions.

You're right, that's what I've noticed in the majority of the community here in the crypto space about what's going to happen with the bull that's coming next year. And I can't deny that somehow I'm also expecting it, but it's only around 40% anyway. It's hard to expect more than 100% because, for sure, this will cause them to blame Bitcoin or cryptocurrency in the end because what they expected didn't happen.

I agree that it is not right to expect too much of the bull run that is coming with so many holdings in their wallets. It's still better to just practice regular trading habits on various exchange platforms to make money. The mindset should be whether you have holdings to make a profit or not; it's just there if you earn a lot and invest immediately, it's just that simple to do that, and if not, adjust for some time again to wait for the right time.

trendcoin

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Quote from: Londonboss2007 on September 07, 2023, 04:59:00 AM

Like my username we are in 2007 the 2024 year 2008 ..so 2008 started Strong money printing.
Also btc halving next year

So everything calculated ;)

If we need to remember 2008 briefly with a graphic:

Source: heritage

I respect your forecasts and expectations, but if you want to be taken more seriously by the community, you should explain your forecasts and expectations rationally. Economic expectations are shaped by multiple and complex parameters. I do not think it is right to expect the same results based only on a few similarities. Nevertheless, I wish you the best of luck. We all need luck in this chaotic environment...

kryptqnick

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2008 was the year when the global financial crisis really hit the world, although it started in 2007. Now, Bitcoin is speculated to have been created partially because of a desire to give people an alternative in a situation like that, when everything's failing. But there still hasn't been a major economic crisis to see how it performs under such harsh global economic conditions.
In any case, it doesn't look to me like 2024 will be the year of a big economic global crisis, so I don't think 2024 is 2008. Perhaps the op meant something else, but the post is vague, so I don't know.

Gozie51

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It is not a secret that next year is for btc halving and the expectation is very high for profit but what I think will happen is that many expectations will not be met especially those that will be trapped in the bull run. Some also will relax to cash out their profit even if the price has reached its high. This happened in last halving in 2020 when the price reached $64k, speculation was still high on the range of $100k but price started dropping from $64k until the correction became real. So we need to be at alert while the price is bull .

Fivestar4everMVP

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Don't get your hopes too high, else, you might just end up more disappointed than you did ever imagine..
Bitcoin halving in every four years is sure an established fact already , but the possibility of a bull run that follows, money printing as you put it, is not certain, that is that, it is not a fact or must that every having will trigger a bull run with, so this should not drive you into investing more than you can afford to lose, which remains the number one rule in Bitcoin and cryptocurrency investment .

So even though the next halving is highly anticipated to come with a bull run, don't depend too much on it, and also , be very wise with your investment decisions.

Londonboss2007

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Like my username we are in 2007 the 2024 year 2008 ..so 2008 started Strong money printing.
Also btc halving next year

So everything calculated Wink

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