Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: maklampir on October 08, 2018, 02:29:43 PM
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I'm expecting a new crisis to arise in the next 4-6 years, i think what's happening in the loan and reposition industry creates a pathological state.
Banks are still feeling too safe for what they're doing, their mistakes will sooner or later bring on a decline.
Also considering austrian cycle theory, i'd say we're in the boom. Soon gold and solid cryptos might be the go-to when it comes to keeping your money safe.
How long do you guys think we have until we face the next crisis?
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I would better not speak or think about it.. Hoping that it will not happen soon.
Anyway crypto is really a good way out of it. But still if the world crisis will come I think it will influence crypto market also as people will have less money to invest.
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I think it will only be after the crisis that the potentials of cryptocurrencies truly shine. If a crisis comes, cryptocurrencies are just not at that widely accepted level that they could become some kind of a magic asset that guarantees your money safety. But after the economic depression, economies might look at a change in conventions, and maybe thats when bitcoin and other cryptos come forward as an option.
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I really hope it won't happen too soon.
Global crisis may affect many areas, not only financial.
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Don't expect bad for the world :( , Crypto does have a good concept of finance, but if there is a world-level crisis I think it will be a big problem. especially if it is a financial problem, the impact will widen :'(
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it is absolutely true that we will be safer if we put our money in crypto in the event of a crisis, and I think that is a very good way and it is possible that a crisis will occur again over the next 5 years.
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About the Global financial crisis, It is very difficult to say what will trigger it [the next crisis] but we are at the latter end of the economic cycle where people take greater risks. There are problems in emerging markets so for me the global financial crisis will be the greatest task for every human being.
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I don't think in that direction, I always think positively about what's going on in the future, if there is a global crisis, it can affect all sectors of industry, including in the crypto industry, hopefully it won't happen.
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The economic crisis occurred over the last decade once every 10 years, and, according to the latest estimates, in 2019 the market should collapse, respectively, the crisis will occur in the near future.