Bashar Economic Predictions

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numballover
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Joined: Sun Jun 11, 2017 2:23 am

Bashar Economic Predictions

Postby numballover » Sun Jun 11, 2017 2:34 am

I've been lurking on this board for a quite a while, but I finally decided to register and post.

I wanted to let those of you who might not be aware know that it is possible that the very beginnings of Bashar's predictions about massive financial changes may already be taking place. In recent months cryptocurrency (bitcoin, ethereum, etc) has exploded. Nearly every crptocurrency is skyrocketing in price. I personally have made a 2500% return on a lucky investment.

But more than just the price is the things that are going on alongside the currencies...ethereum in particular. Ethereum is a combination of a application platform and a currency. It is a bit complicated, and even with my EECE background I don't quite understand it as well as I should. But the short summary is that it makes it possible to easily crowdfund companies, distribute applications processes across a network, and most importantly it is all decentralized. No government or banks.

Singapore has already announced that it is moving its currency to a system based on Ethereum and I believe China, and Russia are rumored to be looking into it.

Importantly, much like Bashar's predictions this will likely have a destabilizing effect on economies very soon. I've already bought my silver (and my Ethereum and bitcoin as well). I'd urge you all to consider setting a little money aside in something other than USD as well.

xplosiw
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Re: Bashar Economic Predictions

Postby xplosiw » Sun Jun 11, 2017 7:40 am

Wow, thank you for the heads up! Cryptocurrency is reslly interesting, too bad I barely understand it. Lots of money to be made in that for sure, also lots of money to be lost.

zachreh
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Joined: Sun Apr 10, 2016 3:16 pm

Re: Bashar Economic Predictions

Postby zachreh » Sun Jun 11, 2017 12:58 pm

Good info, thanks for the post.
I bought Silver and it hasn't gone up as much as I hoped it would, I'm still holding onto it.

I work at a bank at I love what I do, I hope the banks are able to adapt and can get behind a universal currency.

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Arouet
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Re: Bashar Economic Predictions

Postby Arouet » Sun Jun 11, 2017 4:59 pm

My Jaxxwallet is full, should I buy a motorhome?
I AM a Precursor!

nickihere
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Joined: Wed Sep 20, 2017 1:37 pm

Re: Bashar Economic Predictions

Postby nickihere » Wed Sep 20, 2017 1:43 pm

thank you for posting about this. I agree these crypto currencies seem poised to take over from regular paper money. I am looking into investing, figuring out which currencies might be the best bet, most secure etc. In this process I decided to see what Bashar had to say about 2017-2018 but I could not find anything in any detail. Can anyone explain about his predictions or let me know where I can find this info? Thank you!

openmindedskeptic
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Re: Bashar Economic Predictions

Postby openmindedskeptic » Wed Sep 20, 2017 3:17 pm

You might be interested in the plans of the Mormons (and various categories of survivalists) (I'm not one, btw) concerning bad times.

They like to "be prepared" for all situations, including the worst, and since they realize that during a huge destabilization there could well be a run on food and water in supermarkets, their church advises them to keep several months of canned food and dry goods (rice, pasta) in their home storage spaces, as well as lots of bottled water and water filters.

Even if you're not a Mormon or doomsday predictor, storing food and water like that is a good idea anyway, especially if you live in hurricane or tornado regions.

I prefer to have faith that I'll be in a reality where there will be a smooth transition, without trauma or upheaval.

Remember, you can't eat gold or silver or bitcoins... and you can't even spend digital currency if there is big upheaval and the internet is down.

Canned food keeps for years, and water filters can make muddy and river water drinkable. I'm not advising you to have doomsday or world upheaval beliefs, I'm just explaining that if you choose to do so, remember that canned foods will be the best currency, not inedible metals or digital inaccessible coins..... ;)

OMS

Phill
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Re: Bashar Economic Predictions

Postby Phill » Thu Nov 30, 2017 10:43 am

Bashar was recently asked if Cryptocurrency would be the monetary exchange medium of the future and he answered with no. So there most likely won't be mass adoption and it will at some point disappear. But nevertheless the price of 1 Bitcoin rose to $11400 yesterday and it is a step in the right direction. There are very low transaction fees and through its strong appreciation if you buy 1 Bitcoin and and sell it a week later you end up in a better position.
For example if you are locked up in crazy North Korea and somehow manage to get access to the internet: If you buy Bitcoin with your savings and flee across the border your money will have appreciated in the meantime.
I still hope we see one million dollars per Bitcoin just for the lolz.

openmindedskeptic
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Re: Bashar Economic Predictions

Postby openmindedskeptic » Fri Dec 01, 2017 11:59 am

Dear Bitcoin fans, please be careful....

Tulip bulbs, an initially rare thing in Europe in the 16th century, rose in price to stratospheric heights before the price crashed down to almost nothing when tulips became cheap.

The stock market rose to stratospheric heights in 1929 then crashed way down and investors had huge losses.

Mortgage backed bonds rose to stratoshperic heights in 2008 and then became worthless when people realized that the mortgages were rigged.

Bitcoins are rising to stratospheric heights, but watch out.... They are not backed by gold or anything with tangible value. You can't even hold them in your hand or lock them in a safe.... they are just artificial electronic concepts and if a hacker steals them from a central depository, as has happened before, or a saboteur destroys them or the storage system, then the value crashes way down. No wonder Bashar says they will be of no use.

Also, how can you buy anything with bitcoins if they are worth so much? A bitcoin worth thousands of dollars can't buy you a loaf of bread or ordinary grocery items. Remember what happened to King Midas? ;)

OMS

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Rokazulu
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Re: Bashar Economic Predictions

Postby Rokazulu » Sat Dec 09, 2017 8:25 pm

openmindedskeptic wrote:They are not backed by gold or anything with tangible value

OMS


Though neither is our fiat system.

Bitcoin perhaps is a tulip craze in its current iteration, but certainly (in my view) cryptocurrencies as a whole are not. They are a way to transfer goods/services without a third party intermediary known as "the central bank". This speeds up the flow of commerce. Another value Bitcoin has over fiat is that you cannot mine more than 21 million bitcoin. The value is deflationary as their is only a limited in supply. Fiat can always create more dollars and thus the value of their particular currency system is inflationary.

No one is making money on cryptos. They are simply shifting their symbols of value into something that they believe will be able to buy them more things in the near the future. Only central banks and crypto developers "make" money. But, once the system is created, the value of symbols begins to be determined by the market and you can see how many things you are able to buy in accordance to the number alongside that particular currency.

In this way, they are using cryptos as a permission slip and a tool to believe in the abundance that is already available to them, just like people who use fiat money.

Now, Bashar said the economy of the future will not be one of cryptos. This I agree, but I do not believe this means cryptos will fail— it just means they will, at a certain point in time, be deemed irrelevant as we transition into pure synchronism and thus be in full alignment with their civilization.


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