Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
K~Ehleyr
on 24/08/2016, 13:45:10 UTC
The roughly 7 year economic cycle of boom and bust has been occurring for the past forty odd years and we are overdue a recession; so you can understand why people with a bit more knowledge of economics than yourself are predicting some sort of downturn in the near future.

[off-topic]

Wow, really??  Please keep it to yourselves then.  In my country we are still in the 2008 recession and expected to remain so for several more years yet.  We never recovered.  In my region we have more than 50% unemployed.  The last thing we need is to be hit by more recession waves...  It's true I know very little about economics but clearly southern Europe doesn't follow the standard model.

Excellent analogy with Hiroshima BTW, I'll make a note of that one!

[/off-topic]