WORLD CRISIS IN 2018 - page 5. | Bitcointalksearch.org

Ridwan Fauzi

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Quote from: buternasek on September 17, 2018, 06:41:08 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.

Did you mean of 'bankrupt' is experiencing severe inflation? I haven't heard of a country experiencing bankruptcy like a person trading or having a business. However, the most vital problem of a country is inflation that will always be faced every year, even now there is a country that was experiencing severe inflation even more has been referred to as hyperinflation , yep everyone already knows Venezuela.

Bolivar currency has fallen and reached its low point. High inflation made the economy of the socialist country in a sad state. So, there were some parties who argue that cryptocurrency can at least save the economic situation in Venezuela and finally Nicolas Madura accepted the proposal, so as this is first cryptocurrency was regulated by the government. And til now the cryptocurrency can be expected contribute the Venezuelan economy become stable, we will wait for what will happen in the future.

joebrook

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Quote from: SUDARMONO on September 17, 2018, 08:04:52 PM

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.

I don't know why Venezuela is currently going through this financial crisis at all, They are one of the leading oil providers in the world, they just can't say that they have used all the money they got from oil throughout the years, it's really absurd.

ShadowBits

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Quote from: buternasek on September 17, 2018, 06:41:08 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.

Perhaps cryptocurrency may have a big role for that. Since gold is a way to put your money that can't be harmed by that crisis maybe crypto can also be done by that.

r32godzilla

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Quote from: buternasek on September 17, 2018, 06:41:08 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.

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.

sublime5447

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Many countries have declared bankrupt? It seems like I have missed important news, do you have related articles? It seems that many well-known news portals missed this news too because they prefer to spread FUD, such a shame. There should be more people who spread trusted news without encouragement from other parties, but unfortunately you’re a shy person, after created this thread you just disappear even though there are many things I want to ask and maybe some members here is as same as me Sad

Silberman

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Quote from: buternasek on September 17, 2018, 06:41:08 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.

Countries that have a large gold stock will be able to survive a deep economic crisis I agree with that, however for what I know the United States has been selling its gold in an effort to suppress the price of gold, if they didn't do that the price of gold will probably be four times higher than it currently is, so it's likely that the United States is going to be deeply affected by the next crisis.

Xardasim

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It takes a lot of time to apply cryptocurrency. There must be another plan until its time has come. Perhaps there will not be economic crisis, if governments don't cheat in economy. Crypto may be good for trick, but we don't have enough time and need reform.

Lumi3004

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Speaking of the world crisis, For me ordinary people who are said to be rich but say poor are also pretty good, the world economic crisis can be said.
"The atmosphere is like a car running fast. Suddenly braking. Suddenly Abundance. Many companies including cryptocurrency and Bitcoin who slipped. Or rolled. Get into a gorge. "

How to overcome the negative things about bitcoin and cryptocurrency, One of them, the government must pay attention to the phenomenon of anomalies when the Stock Price Index, Then, with this growth of bitcoin and crypto assets in financial markets continues to rise, not reflecting the real world economic conditions.

Nolimitz84

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Many simply because of the crisis can direct part of their savings in bitcoin.The probability of this is very large.Bitcoin will not be able to influence the traditional financial sector.Most likely, after the crisis, there will be some good trend for accepting bitcoin.

coly20032003

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Not sure whether there will be economy crisis in 2018, but the housing market in where I live have gone down a lot lately. Crypto currency also has not recovered yet. Tech stock seems to be still doing well. We will see what happen in 2019.

TravelMug

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Quote from: playbtcgame on September 24, 2018, 10:30:31 AM

Each and everyone concerned with cryptocurrency is in a mess due to the instability of the coins on the market. Most people have become very hot and are undecided on what to do now.

Instability though has been present since crypto took off so I don't know what mess are you talking about. If what you are pointing out is the current downfall of crypto, then its should be a eye opener for all of us because we all know that crypto can't go on a parabolic rise.

Regarding the reluctantly, its just normal though as investors are getting smarter and doesn't want to get their money burn in this bearish trend. So I wouldn't mind this mess or something, its up to us to become flexible and not blindly invest.

Yurkov

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Quote from: playbtcgame on September 24, 2018, 10:30:31 AM

Each and everyone concerned with cryptocurrency is in a mess due to the instability of the coins on the market. Most people have become very hot and are undecided on what to do now.

But they have known that this market is famous for that, market was always not stable and price were always in move so for me if someone put their money here he knew that it could go at the some down and up.

playbtcgame

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Each and everyone concerned with cryptocurrency is in a mess due to the instability of the coins on the market. Most people have become very hot and are undecided on what to do now.

lebrone08

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Quote from: buternasek on September 17, 2018, 06:41:08 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.

Economic crisis could affect the entire crypto currency by means of, it will decrease the volume of people who are engage in crypto world because of economic crisis, some investor would also tend to withdraw some of their hold bitcoin because of very low price of bitcoin, this is happen to every one who cannot afford to lose eveything and they end up cutting the nuts just to save some of their profit.

neonshium

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Quote from: buternasek on September 17, 2018, 06:41:08 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.

Basic assumptions, which is what I call all these. We might see a global recession in coming years, but that does not mean people will not end up living through it. It has happened in the past, it would happen again, but it is not like this would be the end of the world.

However, I believe how things want to play out should have a huge effect positively on cryptocurrency anyway as people will definitely be looking for a safe haven, and with all these trade wars going on, I guess you would not want to be in the middle of two elephants.

parapencariuang

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Quote from: buternasek on September 17, 2018, 06:41:08 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.

if in my opinion, of course it is affected. and it is clear now that bitcoin is starting to hunt every month. because bitcoin is also an economy. if the economy goes down then obviously bitcoin will go down

aoluain

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Quote from: NeuroticFish on September 18, 2018, 01:29:46 AM

Quote from: buternasek on September 17, 2018, 06:41:08 PM

By 2018 the world economy is falling,

We are getting close to that, but not there yet.

Quote from: buternasek on September 17, 2018, 06:41:08 PM

there is currently chaos in the economy around the world.

Umm.. nope, you're incorrect.

Quote from: buternasek on September 17, 2018, 06:41:08 PM

there are even some countries declared bankrupt by the world this year.

Bankrupt countries, or at least at the edge of bankruptcy, they are at the horizon for some time. Publicly declared bankrupt? No. That's bad business and it won't happen.

Quote from: buternasek on September 17, 2018, 06:41:08 PM

a country that is able to survive in conditions like now only countries that have a large gold stock.

Incorrect, by far. There are plenty of other ways, not only gold.

Quote from: buternasek on September 17, 2018, 06:41:08 PM

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.

Possibly China, but not US; US are usually overconfident on their printed paper.

Quote from: buternasek on September 17, 2018, 06:41:08 PM

I want to know whether cryptocurrency, especially bitcoin, will be affected by the current crisis? I want to hear from the seniors here.

There's no crisis, not yet.
Bitcoin will not be affected by any crisis, it works very well.
On the other hand, Bitcoin price may fall, since big investors, the real ones, may have to sell Bitcoin to save other businesses. (Edit: on the other hand, Bitcoin should rise now, before crisis, since people should buy to prepare..)

Are you sure you wanted to know anything and didn't just want to convince Bitcoiners buy gold?

Spot on, im not hearing anything about chaos in economies, ok we are hearing about trade wars
which MAY lead to something bigger but thats it.

When there are more soundings about possible crashes and such in economies Bitcoin will be a
safe haven for many.

Penting

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Quote from: buternasek on September 17, 2018, 06:41:08 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.

as far as I know the countries experiencing economic crisis are countries that fail to regulate the economy in their countries by giving excessive subsidies to their citizens so that citizens become lazy to work hard because of the large subsidies from the country, especially oil-producing countries, when oil experiencing a price decline that is so far away that they will get a disaster because of their failure to regulate the economic system in their country
does it affect cypto ?? I think it's not because crypto has its own system

wuvdoll

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Quote from: batang_bitcoin on September 18, 2018, 12:38:53 AM

Quote from: buternasek on September 17, 2018, 06:41:08 PM

I want to know whether cryptocurrency, especially bitcoin, will be affected by the current crisis? I want to hear from the seniors here.

During crisis, everyone that has been affected would look for some remedy just to flee from it and crypto mostly with bitcoin will be an option for them. It might be affected but the effect would be very low and its probable that they would choose it as a home for the meanwhile. I'm not an economic expert but this is interesting.

Based on the last statement, certainly gold will not be available to everybody, but in this case, crypto is going to be available to everyone and for that reason we might see citizens of countries trying to utilize this space as a safety net for them so as not to get burned by a crisis.

With this kind of thing, I want to believe that even when the countries will be back from recession, if it will ever happen, people would have gotten accustomed to the usage of crypto as a currency and then the control it gives them, and will make it less appealing to even want to go back into fiat.

aalborg

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I can't precisely predict crisis and I don't want to claim it will happen in 2018 year, because year is close to the end,but I am sure that crysis will happen in next 3 years. S&p 500 is growing for almost 10 years without correction and the longer this period is, the stronger dropping is gonna happen.
I believe people will start to covert money in gold and in bitcoin,other top crypto currencies and as long as crypto market has very low capitalisation compared to stock market, crypto will definitely blow up!
10 x growth is the first target!

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