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Topic: WORLD CRISIS IN 2018 (Read 1120 times)

sr. member
Activity: 686
Merit: 250
December 04, 2018, 09:52:57 PM
I don't think many countries are on the crisis in 2018 because I don't see any news about that or perhaps, I missed that news. Probably if the crisis is happening in half of the countries in the world, it will give impact to bitcoin, and I think it might push the bitcoin price to the higher rate because people want to search a new currency that can save them from the crisis. Bitcoin price will get affected if there is positive news or negative news that will make people worry and panic and people will make something with their bitcoin. But lets we wait for this, and we will see what will happen if the crisis comes to the country.
We know that a certain point in the future a crisis will happen, what we do not know is when it is going to happen that is why I do not bother to try to predict when it's going to happen because it is simply impossible to know, even those that are at the very top do not want unexpected crisis to happen but it is impossible for them to control the economy as much as they want.
jr. member
Activity: 322
Merit: 1
December 03, 2018, 04:34:55 PM
By 2018 the world economy is falling, there is currently chaos in the economy around the world. there are even some countries declared bankrupt by the world this year. a country that is able to survive in conditions like now only countries that have a large gold stock. China and America are currently collecting gold from all over the world. the goal is to maintain their existence and also to survive the coming crisis. I want to know whether cryptocurrency, especially bitcoin, will be affected by the current crisis? I want to hear from the seniors here.


The fall in the global market is associated with a fall in the US market, which in turn is associated with a fall in FAANG shares, as well as a fall in oil prices. Cryptocurrencies are not able to affect the global crisis.
hero member
Activity: 994
Merit: 502
December 03, 2018, 04:24:57 PM
What are some of the countries declared bankrupt this year? I have not heard of this.
What really affects the global economy now is the rise in the interest rates of the US Federal Reserve. And we all understand that the higher the rate, the more expensive the loans and the less money in the economy. This means that the demand for them will increase, and therefore, the value of the dollar will also increase. Thus, the decision of the US Federal Reserve to raise interest rates means a tightening of US monetary policy: money used to be cheap, and now it will become more expensive.
Of course, the global economic state will also affect ordinary people, who will be forced to face some financial problems due to higher interest rates. This in turn will also affect the ability of ordinary traders to buy cryptocurrency. But here it is worth noting that this should not greatly affect the overall state of the crypto market, since I assume that in 2019 institutional investors will enter the cryptocurrency market. And they have enough money. Of course, they will not be able to enter the market immediately, as this will greatly raise the rate of crypto currencies, therefore, I assume that during 2019 institutional investors will buy crypto currencies in small batches, so the rates will not rise significantly.
jr. member
Activity: 186
Merit: 4
December 03, 2018, 03:21:27 PM
By 2018 the world economy is falling, there is currently chaos in the economy around the world. there are even some countries declared bankrupt by the world this year. a country that is able to survive in conditions like now only countries that have a large gold stock. China and America are currently collecting gold from all over the world. the goal is to maintain their existence and also to survive the coming crisis. I want to know whether cryptocurrency, especially bitcoin, will be affected by the current crisis? I want to hear from the seniors here.

In China crisis means two definition: 1)danger 2)opportunity. In all time there are people who live very good and make money. And in all countries there are people who find opportunity during the crisis.

About Bitcoin it all depend on rich and influential people. If they want to make it grow it will be grow, if they want to invest their money in something more good and innovative it will fall.
hero member
Activity: 1246
Merit: 529
CryptoTalk.Org - Get Paid for every Post!
December 03, 2018, 01:46:46 PM
I recently read the opinions of some analysts regarding the global crisis. They write that the crisis will come, most likely, in 2020, and not in 2019, as mentioned earlier. One of the reasons is called trade disputes between the United States and China. The situation in the stock market is also one of the reasons. Well, will wait and see how it will affect cryptocurrencies and cryptocurrency market.
Also include the increasing debt of China which can also result to a world financial crisis again. I think cryptocurrency will be fine if this thing happen, and the current dump in cryptomarket is just a result of its own problem and not because of the crisis rumor.

Now there are indeed several countries in the world experiencing a global crisis in 2018,
Like country:
1. Guinea Khatulistiwa
2. Puerto Riko
3. Venezuela, etc.

the global economy continues to deteriorate and it is predicted that there will be a number of countries in the world economy will worsen in 2018. the reasons vary, starting from the existence of international sanctions, corruption, to natural disasters that have a major influence on the economy of the citizens.
This has a huge effect on cryptocurrency at this time, hopefully in the future all this can improve, especially crypto and Bitcoin.
Those countries are indeed in the crisis right now and I think the situation in Venezuela is getting worst as the inflation continues to increase beyond our expectation. Yes, i hope cryptocurrency can do something good about this crisis and don’t follow that down trend in the long run.

Well crypto seems to be having it's own crisis though i think this market will pull through faster than what's happening outside it. The factors that affect the crisis in world economy is harder to cope up with than the volatility we're having in crypto.
member
Activity: 490
Merit: 10
December 03, 2018, 12:51:16 PM
in my opinion the current crisis in the world is a result of the many factors of the economy of various major countries. large countries are currently anticipating to face it. and in my opinion bitcoin will also be affected by the world crisis.
full member
Activity: 742
Merit: 144
December 03, 2018, 12:00:58 PM
I recently read the opinions of some analysts regarding the global crisis. They write that the crisis will come, most likely, in 2020, and not in 2019, as mentioned earlier. One of the reasons is called trade disputes between the United States and China. The situation in the stock market is also one of the reasons. Well, will wait and see how it will affect cryptocurrencies and cryptocurrency market.
Also include the increasing debt of China which can also result to a world financial crisis again. I think cryptocurrency will be fine if this thing happen, and the current dump in cryptomarket is just a result of its own problem and not because of the crisis rumor.

Now there are indeed several countries in the world experiencing a global crisis in 2018,
Like country:
1. Guinea Khatulistiwa
2. Puerto Riko
3. Venezuela, etc.

the global economy continues to deteriorate and it is predicted that there will be a number of countries in the world economy will worsen in 2018. the reasons vary, starting from the existence of international sanctions, corruption, to natural disasters that have a major influence on the economy of the citizens.
This has a huge effect on cryptocurrency at this time, hopefully in the future all this can improve, especially crypto and Bitcoin.
Those countries are indeed in the crisis right now and I think the situation in Venezuela is getting worst as the inflation continues to increase beyond our expectation. Yes, i hope cryptocurrency can do something good about this crisis and don’t follow that down trend in the long run.
member
Activity: 378
Merit: 55
Be Good to me!
December 03, 2018, 11:46:06 AM
By 2018 the world economy is falling, there is currently chaos in the economy around the world. there are even some countries declared bankrupt by the world this year. a country that is able to survive in conditions like now only countries that have a large gold stock. China and America are currently collecting gold from all over the world. the goal is to maintain their existence and also to survive the coming crisis. I want to know whether cryptocurrency, especially bitcoin, will be affected by the current crisis? I want to hear from the seniors here.

Yes 2018 is the year world crisis everywhere money is so difficult.We onky survive because of we are alive.We have to fight in life hoping that there's still hope to come in the morning.
legendary
Activity: 2086
Merit: 1759
December 03, 2018, 11:23:03 AM
Now there are indeed several countries in the world experiencing a global crisis in 2018,
Like country:
1. Guinea Khatulistiwa
2. Puerto Riko
3. Venezuela, etc.

the global economy continues to deteriorate and it is predicted that there will be a number of countries in the world economy will worsen in 2018. the reasons vary, starting from the existence of international sanctions, corruption, to natural disasters that have a major influence on the economy of the citizens.
This has a huge effect on cryptocurrency at this time, hopefully in the future all this can improve, especially crypto and Bitcoin.
full member
Activity: 630
Merit: 100
December 03, 2018, 10:49:20 AM
I think that the global crisis will not affect crypto and with the help of cryptocurrency people will provide for their families during a crisis. So I see only positive!
full member
Activity: 910
Merit: 100
November 30, 2018, 02:00:21 PM
I recently read the opinions of some analysts regarding the global crisis. They write that the crisis will come, most likely, in 2020, and not in 2019, as mentioned earlier. One of the reasons is called trade disputes between the United States and China. The situation in the stock market is also one of the reasons. Well, will wait and see how it will affect cryptocurrencies and cryptocurrency market.
member
Activity: 350
Merit: 11
November 30, 2018, 11:08:48 AM
it is true that the world is currently experiencing a crisis and that has happened to Venezuela, and it is possible that Crypto could also be affected.
Its true that Venezuela fell because of hyperinflation that happen to day-by-day live and this has resulted in many Venezuelans struggling to afford basic items such as food and toiletries. Whereas, Venezuelans increasingly started using electronic transfers for even the smallest transactions. Knowing this fact, I think bitcoin will be the alternative for them to do the transaction, it won't be affected negatively I guess.
sr. member
Activity: 952
Merit: 274
November 30, 2018, 10:26:52 AM
By 2018 the world economy is falling, there is currently chaos in the economy around the world. there are even some countries declared bankrupt by the world this year. a country that is able to survive in conditions like now only countries that have a large gold stock. China and America are currently collecting gold from all over the world. the goal is to maintain their existence and also to survive the coming crisis. I want to know whether cryptocurrency, especially bitcoin, will be affected by the current crisis? I want to hear from the seniors here.
Cryptocurrency market is not just the market that crashed in this current year because even the stock market experiencing dumps. I agree to you that there is a crisis that happening in our economy.
sr. member
Activity: 826
Merit: 265
November 30, 2018, 09:20:19 AM
By 2018 the world economy is falling, there is currently chaos in the economy around the world. there are even some countries declared bankrupt by the world this year. a country that is able to survive in conditions like now only countries that have a large gold stock. China and America are currently collecting gold from all over the world. the goal is to maintain their existence and also to survive the coming crisis. I want to know whether cryptocurrency, especially bitcoin, will be affected by the current crisis? I want to hear from the seniors here.

I'd like to hear more about your sources first. Which country is going bankrupt. What is your source for the US getting gold.

How is gold going to help during a debt crisis?


Anyway, my belief, and the belief of many libertarians (which are over-represented in the bitcoin community) is that if the dollar collapsed, people would escape into bitcoin thus pushing the price up.


People have been predicting the fall of the dollar forever, but it hasn't happened yet so don't delude yourself that it will certainly happen in 2018, or any other year without some serious understanding of the current economy.
Absolutely right,OP must give some example of what countries are in  bankruptcy now as what you stated,because if you cannot provide some sources or proof,this will be considered as hearsay and untrustworthy
Yes we havd financial problem by now,and the world economy are shaking by this but it doesn’t mean that we will become bankrupt,

Looking at the effect on the market is seemingly true,since we have massive attacks for declining these days
full member
Activity: 339
Merit: 102
November 30, 2018, 08:28:27 AM
World crisis in 2018, I dont see that happening, where is the source of your write up, or it is just a mere speculation, if it is, when economic crisis happen, it will have a negative impact on cryptocurrency, because many investors will want to convert there token to fiat in other to survive, with this CRYPTO will be affected.
I am sure he does not have any write up, he probably just read up some old predictions by some old cargoes that saw a looming crisis in this year and he also decided to key into it. Even if there would be a world crisis, no one knows when it will happen because for some reasons put together all at once, it just starts gradually until you see it reaching its peak. It has happened before, with some bad policies, trade wars and whatsoever, it can happen again, but no one can tell when it will. Nonetheless, if there ends up being one, I guess that would really help mean a whole lot for the crypto space.
legendary
Activity: 2730
Merit: 1288
November 29, 2018, 04:56:52 PM
World crisis is already happening and that does not mean cryptocurrency is excluded. The most affected areas of crisis are usually the third world countries or the poor countries like us. We work hard but earn less and being used and used sometimes by other nationals in our very pwn country. So, in cryptocurrency it will look also the same. Rich people became richer and poor people will gone suffer with the cryptocurrency crisis in the year 2018.

Where is economic crisis?  On Mars?  There is no economic crisis on Earth. Economic crisis happen when GDP decreases for at least two quarters of a year in a roll. It is impossible to happen  next month. So it will not happen in 2018. I give tiny chance that will happen in 2019. It is possible but low chance. For 2020 there is way bigger chance. And if that happens it will cut Bitcoins bull market. No one really know how will that influence on Bitcoins bull market that will going on at that point. Simply because there was no economic crisis in time of Bitcoins existence.
member
Activity: 420
Merit: 10
“Tackling Climate Change Using Blockchain”
November 29, 2018, 10:38:21 AM
I believe that it did affect bitcoin since the bitcoin market is connected to the real world. It is money that is used to buy bitcoin and money has something to do with economy that is why the government would control it, otherwise the country may experience loses or will have unfavorable economy as a result. The prices of bitcoin may or may not actually go down immediately depending on how wide is the effect to the worlds economy in general.
member
Activity: 462
Merit: 14
November 29, 2018, 10:35:42 AM
World crisis is already happening and that does not mean cryptocurrency is excluded. The most affected areas of crisis are usually the third world countries or the poor countries like us. We work hard but earn less and being used and used sometimes by other nationals in our very pwn country. So, in cryptocurrency it will look also the same. Rich people became richer and poor people will gone suffer with the cryptocurrency crisis in the year 2018.
newbie
Activity: 29
Merit: 1
November 29, 2018, 08:28:17 AM
When the next crisis hits, see what happened in the past when banks close their doors for the bankruns...

Also , in the EU, the middleclass is getting robbed more and more by governments.  Crypto is one of the best alternatives against this. So no, I don't think crypto prices will crash in the next crisis.
hero member
Activity: 2128
Merit: 520
November 29, 2018, 07:05:48 AM
If it is real that there are world crisis in 2018 then I suppose to say it is not just 2018 rather even in the past the world are facing crisis which is slowly becoming serious damage. The crisis happens due to selfishness of the people that some results to very disappointing corruption of countries leaders.
adding greediness of those influential people around the society are adding the reason for this global crisis, we do have lots of people around each countries are suffering out from poverty, it is not alone in this year but from the past as well and it will continue because of government high power
people who only cares about their own benefits and not the conditions of their country.
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