My World Economic Forecast

in bitcoin •  6 years ago  (edited)

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My World Economic Forecast:

Stock Market:

  1. Interest rates rise 0.5-3% in the next 24months.
  2. Increased pressure for governments to sell bonds & deal with increased debt interest.
  3. More cases of hyperinflation. Venezuela only the beginning.
  4. Instability in some full fiat based economies ie. Euro. Dollar.
  5. The Dow Jones & S&P500 will fall estimated 10,000 points in the next 24months. (Recession)

Gold Market:

  1. Governments will purchase tangible assets, mostly gold in the next 24months. (Hedge)
  2. Gold price today is the bottom. Estimated price target next 48months = $10,000

Bitcoin Market:

  1. Bitcoin will capture 5-30% of the global gold market.
  2. Total market capitalisation $1trillion, estimated time 24months.
  3. Governments will invest in infrastructure or purchase digital asset; more dynamic governments will act first ie. Switzerland, Lithuania, Japan
  4. International commerce will become global commerce. A new definition of globalisation will become normal, estimated 96months.

Crypto-currency Alt Market:

  1. Innovation in blockchain will open up revolutionary business models.
  2. EOS, ETH etc... will become mainstream, estimated price $50-$150 (EOS) next 24months.
  3. Open source blockchain protocols will be the most valuable sections in human history, estimated time 120months.

Summary:

  1. Imminent global recession, (De-basement of fiat, repeat of history ie. Rome) more points lost than 2008-2009.
  2. Gold price increase.
    Mass cultural and technological revolution. (Blockchain)
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