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Topic: WORLD CRISIS IN 2018 - page 4. (Read 1161 times)

full member
Activity: 490
Merit: 123
November 13, 2018, 07:23:55 AM
#69
Yea, this seems far fetched,.
Whst are the sources of this infromation or you any at all? It seem unlikely that US is buying gold, also wouldnt that impact gold price?
member
Activity: 392
Merit: 10
November 13, 2018, 07:14:09 AM
#68
This year, the trade war between China and the United States has had a serious impact on the world economy!
Many countries in the world are facing a serious economic crisis!
There is not enough money in the hands of the people to invest in cryptocurrencies, causing a downturn in the cryptocurrency market!
member
Activity: 442
Merit: 10
November 13, 2018, 05:23:05 AM
#67
Don't worry, the global financial crisis will not break out in 2018. People usually think that the financial crisis is once in 10 years, but in fact the financial crisis is a cycle of 5 - 7 - 11 years. The foreseeable financial crisis will not happen.
member
Activity: 378
Merit: 55
Be Good to me!
November 11, 2018, 04:28:39 AM
#66
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 truly this is the year of world crisis we got the very critical situation especially our payments now we expect to survive our needs but our tokens have no value.but we do hope before this end of this year for the price increase.
hero member
Activity: 1330
Merit: 569
November 11, 2018, 02:52:34 AM
#65
2018 is just few weeks to be over which gives quite a number of countries that relies on budgetary system to get a chance to start over by correcting some of the mistakes made in 2018 and also solidify some of the areas they got right and up till this moment, I have not read about any country that have declared bankruptcy in the world.

There is nothing wrong with countries trying as much as possible to gather whether oil, gold, bitumen, or any material in other to maximize their power over other nations. Its simply a capitalist world that everyone is trying to outshine the other and it does not directly means there is a crisis coming ahead.
sr. member
Activity: 826
Merit: 256
November 11, 2018, 02:23:07 AM
#64
There might be a world crisis but nobody know when will it happen. Some expert believe that it is a part of global economic cycle, and there will also a downturn somewhere in the future. So what should we look for in terms of warning signs?  The global inflation will rise faster than people expect, interest rates have to rise, and consequently there are serious defaults. There i might also a trade war amonth the big nations.The worst case would be a sovereign defaultin their debt payments.
sr. member
Activity: 798
Merit: 251
November 10, 2018, 11:33:01 PM
#63
As I think we will see world crisis in 2020, now is only the beginning lol
full member
Activity: 952
Merit: 104
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November 10, 2018, 11:16:10 AM
#62
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.

There is inflation all over the world but it does not mean we are on a global crisis. I doubt world economists will not do certain actions to stop this high inflation rates. So let us leave everything to the professionals and not to worry more on this high inflation rates because it will someday be resolved.
hero member
Activity: 759
Merit: 500
November 10, 2018, 10:49:58 AM
#61
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.
World crisis? I think the strong impact of dollar strengthening is only affect few countries and some of these countries are not big players or who don’t have a strong influence on the current global market and economy, so it’s not appropriate to say that. Trading war between America and China also raised new hopes that China could be a strong competitor to fight the superiority of the USD and US itself. Even if the economic crisis would occur because of the transition from USD to CNY.
hero member
Activity: 3052
Merit: 606
October 02, 2018, 06:57:21 PM
#60
this seems to be a very high economic crisis, many people are trapped at very expensive prices and cryptocurrency prices also do not rise again which causes many people to lose money and no more money because they are stuck in cryptocurrency...
I agree on you.People nowadays are facing too much crisis knowing an inflation had taken place.Prices of all commodities have been increasing exactly opposite to the crypto market which is continuosly falling its price.I believe negative news will really make a big effect on crypto so let's just be more patient to wait for some positive news to make its price increase again.
legendary
Activity: 2534
Merit: 1338
October 02, 2018, 01:24:55 PM
#59
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.

If economic crisis getting more bigger, i am believe people will find alternative currency that can maintain their asset value. Bitcoin can be that option because bitcoin price always increasing year on year and bitcoin is store of value
The economic system that we currently have is becoming more unstable as time passes and it's possible that some point in the future those in control of the economy will lose control of it and when that happens most of the currencies of the world will go through a very high level of inflation and at that point people will try to find something to protect their savings and bitcoin could be an option at that point.
sr. member
Activity: 588
Merit: 250
September 29, 2018, 01:01:07 AM
#58
this seems to be a very high economic crisis, many people are trapped at very expensive prices and cryptocurrency prices also do not rise again which causes many people to lose money and no more money because they are stuck in cryptocurrency...
sr. member
Activity: 420
Merit: 250
September 29, 2018, 12:58:29 AM
#57
bitcoin and crypto-currencies are not ready to take over the properties of gold, because it would mean to take over the management of resources, so I believe that there is no
hero member
Activity: 1190
Merit: 525
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September 28, 2018, 08:42:05 PM
#56
Countries going broke have to collect money somehow to revert the situation. It would be wise if they cut expenses, but it usually doesn't happen, so they increase taxes and start extorting the population. That is when Crypto-Currency appears. Those who have money and want to hide it from the government to avoid taxes can use Bitcoin to convert their funds and keep it away from taxation.

Or Crypto-Currency appears when the country is totally broken, in chaos, like in Venezuela. People start working online for pennies, anything worths, because their local currency is too devalued. Others find in Crypto-Currency a profitable investment, a source of extra income that help them to survive during the crisis times. However, none of these Crypto impacts are solutions for broken countries, they are just palliative. Solutions are made through efficient changes in politics.
member
Activity: 602
Merit: 10
September 28, 2018, 08:40:44 PM
#55
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.

If economic crisis getting more bigger, i am believe people will find alternative currency that can maintain their asset value. Bitcoin can be that option because bitcoin price always increasing year on year and bitcoin is store of value
legendary
Activity: 2534
Merit: 1338
September 28, 2018, 06:34:23 PM
#54
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.
Turkey was first expected to collapse but it escaped due to the support of Qatar. Now Dubai is said to face a big crisis. From the day bitcoin was created, the world has not faced any crisis. So its difficult to predict about bitcoin's stage during such crisis. I think that most of people would prefer gold over bitcoin during such crisis because gold has proved to be worthful for centuries.
A world crisis like the one that happened in 2008 is not something that happens that frequently, there have been many countries that have suffered problems during that time frame but the world economy is still in a relatively good shape, but as we know there are many indications that a crisis is going to happen in the future, we do not know when, but when it happens it is probably going to be one of the worst crisis in the history of the world
hero member
Activity: 1246
Merit: 529
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September 28, 2018, 01:49:23 PM
#53
The peak of the global crisis has not yet come, but it is inevitable. The global economic crisis can lead to significant changes, for example, bitcoin can replace the dollar international financial system. Matter of time!

Well you're probably looking at a lengthy wait if you ask me. A world crisis may very well affect negatively not just the dollar but even crypto. I don't consider that as something that would propel btc over fiat.
member
Activity: 336
Merit: 10
September 28, 2018, 01:32:27 PM
#52
On the contrary, Bitcoin can replace the main fiat currencies and thus ease the problems of the global economy.
copper member
Activity: 2968
Merit: 575
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September 28, 2018, 01:24:23 PM
#51
We do not actually know whats going to happen during a global recessions. Times during crisis might give us unexpected result. Remember, everyone will be in indeterminate  and confused state. So, what will happen during that period depends on what people decide during the exact moment. During world crisis, there will be less job, less employment, less money flow, inflation etc. This might cause people trouble buying bitcoin. Again, we might see people using bitcoin as a currency, the way it was meant to be used.
cr7
full member
Activity: 364
Merit: 100
September 28, 2018, 01:02:30 PM
#50
The peak of the global crisis has not yet come, but it is inevitable. The global economic crisis can lead to significant changes, for example, bitcoin can replace the dollar international financial system. Matter of time!
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