/biz/ - Business & Finance

[Anonymous No.419088]

What are your predictions for the world economy in 5 years time /biz/raelians?

[Anonymous No.419093]

>>419088
I love this picture! I use it when I post here, and it's my phone wallpaper

lulz

Hopefully up

[Anonymous No.419104]

Stagnant and low in growth.

More debt leveraging and more negative demand spiraling.

[Anonymous No.419106]

>>419104
debt de-leveraging*

[Anonymous No.419113]

>>419088
Weak currencies find themselves victims to speculative attacks against bitcoin
Infrastructure around bitcoin continues to produce more and more lubrication for the burgeoning market around the world
You start seeing we accept bitcoin signs at shops and restaurants.
The current "recovery" bubble finally comes to pop
USD loses half of its value as a result of QE3 and government bonds flooding the market
Many turn to gold but btc becomes preferred due to its extreme liquidity
tl;dr: we buttcoin in 2019.

[Anonymous No.419114]

>>419088
More QE with poorly controlled inflation after attempts to end "emergency responses of 2008"
Secondary credit crunch (Tertiary?)
Continual Japanese stagnation
South Africa recession
Russian growth in 2018, sooner if Putin dies
South American economic collapse
China continues to live on the brink with increasing debt unreported
India back into growth about 4 - 8%
EU, USA, Canada 0.5% growth average to 2019

Random, no real assessment how I feel judgements!

[Anonymous No.419116]

>>419113
bitcoin will be as relevant in 5 years as myspace is now

[Anonymous No.419119]

>>419088

40% SPY drop in 2 years

[Anonymous No.419120]

>>419116
Nope. Metcalfe's law.

[Anonymous No.419127]

>>419088
To quote the great J.P. Morgan:
"It will fluctuate."

[Anonymous No.419144]

Also Rand Paul 2016.

[Anonymous No.419152]

>>419116
This is based on what exactly?

>I seen mahspace was first it kill. Now bitcoin is first so it kill hurr macks cents.

[Anonymous No.419171]

>>419116
Naw. Myspace still has a little bit of relevance.

[Anonymous No.419175]

>>419116
No coiners actually believe this

[Anonymous No.419207]

>>419088
market correction in 2014 or 2015

buy the dip in 2016

at some point truckers and cab drivers will get mad because they are being replaced by robots

a few black swans here and there

resource depletion and overpopulation slowly become bigger problems

[Anonymous No.419225]

>>419088
wtf? is she typing on a computer keyboard and expecting that inkjet printer to type out what she's typing?

Is she a retard?

[Anonymous No.419387]

>>419088

>US economy reaches a state approximating full recovery- though with a structurally lower labor force participation rate
>Japan kickstarts itself out of the Lost Decades thanks to based Abe
>Europe fucks itself up and along with Britain becomes the next Japan, living up to its Europoor name
>Declining economic activity in Europe and falling natgas prices consign Russia to irrelevance as it loses its primary source of hard currency
>Chins is forced to tackle mounting debt problems and deal with the backlash from its failed attempts at hegemonic overreach in SE Asia
>India becomes the next economic powerhouse, getting inflation under control and managing double-digit real growth

That ought to cover the major points.

Also, I'd like to point out that BTC has basically no relevance to the global economy. It has the same market capitalization as a low-end midcap stock. As just one example, Delphi Automotive, a shitty auto equipment manufacturer that just emerged from bankruptcy, is worth around three times the value of all BTC in the world.

[Anonymous No.419619]

>>419387
Whenever bitcoin reaches 50 billion market cap, expect to see weak currencies fall to speculative attacks using bitcoin.

[Anonymous No.419623]

>>419619
lel

[Anonymous No.419628]

>>419619
>muh legion
>we coin now
>neber deposit
>foreber bitcoin

[Anonymous No.419636]

>>419619

50 billion is still nothing. You're barely hitting the lower reaches of the S&P 500. There's fifty trillion dollars of USD credit out there, and another couple hundred trillion of non-US credit, not to mention $50tn worth of market capitalization and ten trillion or so of gold.

And mechanically, how exactly would a "speculative attack" work? Even at a half trillion Bitcoin couldn't even replace fucking Argentinian currency, and that's the weakest of the weak currencies.

Get over yourselves, your currency is useless except as a glorified payment processor.

[Anonymous No.419638]

>>419116
Yes, it will be replaced with a better coin that will go to heights unseen by bitcoin.

[Anonymous No.419646]

>>419636
Do you even know what a speculative attack is?

[Anonymous No.419655]

>>419636
Baha this. Wow.
>>419646
When's the last time a speculative attack ever achieved anything?
What makes you think forex markets wouldn't just freeze as a safety mechanism?\
Do you know what a speculative attack is?
Do you know how much currency is traded every day?
And how are you going to get all the bitcoin idiots coordinated and wage an attack in an organized fashion anyway?

If anything, trying to convert BTC en masse to any other currency would probably crash the value of BTC.

You coiners are idiots.

[Anonymous No.419681]

>>419113
What is a smart person doing on /biz/?

Every single point in this list is correct

[Anonymous No.419709]

>>419113

>Bitcoin
>Any more than a temporary fad

December 2013 was the greatest height Bitcoin will achieve, and it'll be dead within the next year. Move along, nothing to see here.

Ehhh, I kinda like you Anon, idiots like you provide me with much needed entertainment.

[Anonymous No.419714]

>>419709
>it'll be dead within the next year.
Why do you think this? please at least give a little reasoning. Assertions are not very compelling without some kind of evidence or at least some line of reasoning.

[Anonymous No.419770]

>>419387
Mostly agree with everything except #2

I'm not sure about #6 as well

[Anonymous No.419795]

>>419709
keep being poor

[Anonymous No.419799]

>>419655
>When's the last time a speculative attack ever achieved anything?
>What makes you think forex markets wouldn't just freeze as a safety mechanism?\
>Do you know what a speculative attack is?
>Do you know how much currency is traded every day?
>And how are you going to get all the bitcoin idiots coordinated and wage an attack in an organized fashion anyway?
>If anything, trying to convert BTC en masse to any other currency would probably crash the value of BTC.
>You coiners are idiots.


If you're actually interested in answers to these questions then you can learn more about speculative attacks here: http://nakamotoinstitute.org/mempool/speculative-attack/

[Anonymous No.419800]

>>419795

>Logarithmic chart

In the trash you go.

[Anonymous No.419803]

>>419225
haha nice pick up

[Anonymous No.419813]

>>419800

In order to evaluate how wrong you have been about Bitcoin we need to view at log scale. To view how wrong you have been at linear scale would obscure the sustained five year steadiness in which your slavish devotion to your initial error as it compounded on each additional failure to recognize how wrong you were to begin with.

This is why we have log charts: when someone is so completely wrong over such a long period of time that it is impossible to fathom their incompetence at human scales.

So can you explain to us why after being so momentously incorrect that we have to track it at log scale, that we should trust your judgement now? Does your failure to understand the need for log charting indicate how exponentially wrong you will continue to be, or are you just having a giggle by mocking other people who have been wrong by pretending to be like them?

[Anonymous No.420358]

Bump for more predictions

[Anonymous No.420387]

>>419813

I can't tell the difference between trolls and idiots anymore.

[Anonymous No.420391]

>>419799
>Bitcoin has an expected return of 50% per year
>Return of 50% per year
>50% per year
>Bitcoin

[Anonymous No.420410]

>>419088
The economy will continue fucking us and itself because it enjoys doing so and we enjoy being fucked

[Anonymous No.420427]

>>420410

>stockings and business skirts are back in vogue

The economy has good taste.

[Anonymous No.420467]

>>420391
>facts descarted

Bitcoin has far exceeded 50% returns every year of its existence. 2009,2010,2011,2012,2013