The Bitcoin Forum

There is a pattern since 100 years in the US economy (worldwide too i guess) that every 2-10 years there is a recession. The last recession happend in 2009. So the next should appear before 2019 and should last 8-24 months.



https://en.wikipedia.org/wiki/List_of_r ... ted_States




Beautiful waves

https://www.youtube.com/watch?v=QT1suJ9cYI8


perfect timing for the next recession. (+- 2/3 years)

Bill Gross "US in recession before 2018

https://finance.yahoo.com/news/trouble- ... soc_trk=tw#


we will see a recession at least until 2019 in my view.

Do you guys think that it is better to buy BitCoin than to have your money on the bank?

And will the US economy be harder effected by a crash then other economys? Like China or europa.

Do you guys think that it is better to buy BitCoin than to have your money on the bank?

And will the US economy be harder effected by a crash then other economys? Like China or europa.

money i a bank is not a good idea , see greece and cyprus.

i would not recommend to put all your money in one asset.

Do you guys think that it is better to buy BitCoin than to have your money on the bank?

And will the US economy be harder effected by a crash then other economys? Like China or europa.

money i a bank is not a good idea , see greek and cyprus.

i would not recommend to put all your money in one asset.

So you would say to let some money on the bank account, some on BitCoin and some elsewhere?

Sorry for the stupid questions but I'm a software developer and have little knowledge of the monatary system.

Hello my friend,

i would recommend:

-Hold some cash at home (little banknotes)
-Hold some cash on a bank account (some thousand USD should not be a problem but not tens of thousands)
-Buy Gold
-Buy Bitcoin
-Have a supply of every day goods and food
-if possible, buy a gun.
-start reading about financial history
http://www.amazon.com/Guide-Investing-G ... ke+maloney


just research what has happend in greece in the last years. that is a pretty good indicator for other countries in the future.

http://money.cnn.com/2015/07/13/news/gr ... ks-closed/

http://www.wsj.com/articles/greek-banks ... 1437376273

more taxes:
http://www.dw.com/en/living-with-greece ... a-18621265

@LiteCoinGuy

Thanks for the Information!

But seriously I don't have tens of thousands of dollar
So to have one or two thousand dollar on the bank account is normal for me.

@LiteCoinGuy

Thanks for the Information!

But seriously I don't have tens of thousands of dollar
So to have one or two thousand dollar on the bank account is normal for me.

you are welcome. 1-2k is not a problem.

i recommend this too:

https://www.youtube.com/watch?v=iFDe5kUUyT0

Debt, defaults, and devaluations: why this market crash is like nothing we've seen before

http://www.telegraph.co.uk/finance/econ ... ssion.html

In 17 of the 19 times in the last 100 years that Industrial Production has contracted for 3 consecutive months, the US economy has entered recession. Today 0.7% drop YoY is the 3rd month of declines.

The only times in the last 100 years that 3 months of US Industrial Production contraction has not coincided with a recession was in 1934 and 1952... (and the current decline is larger than 1952's in aggregate)

The Recession Isn’t a Few Months Away… It’s Already Started

So the S&P 500 is out of correction for now and the coast is clear. NOT! This is exactly what we’ve been predicting would happen – after reaching new lows, stocks would have to bounce before they inevitably resume their longer-term trend, which is down.

http://economyandmarkets.com/economy/fo ... arryDentjr

Stock Market Crash: Is The Top In? Mike Maloney

https://www.youtube.com/watch?v=QqOtSokKRxs&feature=youtu.be&a

Stock Market Crash: Is The Top In? Mike Maloney

https://www.youtube.com/watch?v=QqOtSokKRxs&feature=youtu.be&a

Buy bitcoin, at least the future is bright

As for current market conditions around the world, they aren't great - but they are decent. Remember, the world is only just recovering from a recession less than a decade ago. Then this year, China hits the world with another economic disaster.

The world has done a pretty good job at keeping things together all around!

Recession is here. Good timing.

https://www.youtube.com/watch?v=emJ092PQwFg

US Economy Sinking - Mike Maloney

https://www.youtube.com/watch?v=PHw2LU2ww9M

Thanks for the Information!