Bitcoin Forum

Dollar exchange rate strengthened. Bitcoin is weak.
For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

More than half of the persons here like bitcoin, or do not have anything against it, I think. so, I don't think this message is in the right place.
Please explain what you mean by the world will be ours? You make it sound like a cult group we are in. People with bitcoin already know that patience is very necessary in cryptocurrency especially with bitcoins

Economic problems doesnt really correlate on whats happening on Bitcoin but somehow it could really be having that domino effect specially if emotions could really take some
effect on what we do have around and crypto market isnt an exemption but not totally 100% of the reason on why we are seeing this.
World is never been well, we do suffer lots of problems not only on economics but also in other aspect as well which we dont really be having no choice
but to be smart on whatever decisions we do come up in our life.

The situation of dollars rates is not far from Bitcoin value as well, besides the inflation is everywhere and it affect other sectors as well, i believe that bitcoin technology is strong and it's not going to be suppressed bitcoiners, because i believe that in future their is every tendency that Bitcoin will be equivalent to dollars rate. What we need in cryptocurrency is a time Factor.

Dollar may be strengthening right now, but we don't know how long it will be in this situation. If it is increasing now, it is possible to decrease tomorrow. So, don't be so happy about the current situation in dollars. Just take advantage of what you can do with dollars now.

While for Bitcoin, we all know we are in the bearish season, no surprise if Bitcoin price decreases again. But it doesn't mean Bitcoin is weak, the price drop is something normal to happen, especially during the bearish season. If you expect Bitcoin price to soar, you must wait until we are reaching the bullish season.

By the way, please note that weak or not Bitcoin doesn't determine by its price. As long as there are a lot of people continue to use it, and the adoption is getting massive, it means Bitcoin has the potential power to change the world.

The world is always not in a good condition. The economic situation will be worse if the recession really happens.
People who don't like Bitcoin, don't know the potential of Bitcoin to deal with the worse scenario of the world economic crisis.

Several institutions also warned about the impending recession such as Jamie Dimon, JPMorgan who predicted the US would fall into a recession in the next 6-9 months or in 2023. The spike in inflation is also due to the impact of the Russo-Ukrainian war as well as the trend of rising interest rates which will trigger inflation on a large scale. Of course, this will have a serious impact on global economic stability.

According to economic theory, this recession or crisis occurs because global conditions are devastated by epidemics and great wars and these conditions cannot be avoided, then the condition will get worse if there is stagflation.

Recession and inflation will lead to stagflation, namely recession conditions that occur simultaneously with high inflation rates. This high inflation means the amount of money in circulation is getting higher.

So the impact on crypto, if there is a recession and stagflation then high selling pressure will occur, because investors will move their funds to Fiat in order to accommodate the possibility of worsening purchasing power.

In this condition, in general, the fiat value will also move up, especially the US Dollar which became the main medium of exchange in the world after the second world war.

Seeing the negative correlation or relationship between the US Dollar and crypto, it becomes natural when the crypto crisis moves down.

It is worth mentioning that a crypto correction will occur as governments and central banks begin to respond to the crisis. But if it's just heading or there is a crisis, then crypto will move up.

This condition is clearly seen in 2022 and 2020 where in 2022 the government and central bank begin to try to restore the economy but in 2020 a new crisis occurs due to a pandemic.

and the conclusion is that when it comes to a recession the crypto market will start to rise but when the recession recovery efforts start to occur, then crypto will move down.

Source:
https://en.wikipedia.org/wiki/Global_recession
https://en.wikipedia.org/wiki/Stagflation

The economy is experiencing various obstacles. Not only one country, but many countries feel how the level of economic difficulties.
We can't deny that there are those who feel happy about the decline in the price of Bitcoin. They will always try to make the price of Bitcoin decrease so that they can collect it in large quantities. This is a classic method that is still relevant for them to apply.

Central currencies are governed by certain laws so that if the US dollar becomes very expensive, it is not considered a good indicator because it is the commodity in which many commodities are valued and vice versa. .

The percentage of citizens owning Bitcoin determines whether they want cheap or expensive Bitcoin. If I want to buy, I will look for cheap Bitcoin and vice versa to sell.

If anything, Bitcoin is the only thing staying true to itself in these times. Hold on to your butts, it's going to be a crazy ride.  :)

There are those who don't like Bitcoin because they want a deeper decline there are also those who are happy with this decline because they want to buy more at a time of dip, this is often the case but in times like this many people will panic and they stay in a stable coin while the pope has prepared a bag to buy it, so in this case we must be smart and ready to survive with the bitcoins that we have.
I believe the decline in crypto market prices is frustrating a lot but I'm sure it won't last long and we can recover.

What do you mean that bitcoin is weak? we are obviously in the bear market, so the price will go down, currently we have seen another lower lows because of what is going on with the FTX drama.

There is something that we can get excited here, the price is at a discount so what not buy some today?

I guess every bitcoiner, specially those who have seen the worst in the previous years are not deterred by this situation. But if you are, then just be patient, no need to panic. And if you have extra cash in your pocket, you might as well buy right now.

Binance refused to buy FTX after looking at the books.

Something like >9Billion in losses.

Marketing is continuing to sell off as a result of this news.

Guy had like +40B about a year ago and now look at him.

Agreed. It's always been the best choice that will never go wrong with anything to think about if it will shatter or not.

He's done. Total loss and in debt but will he able to pay that debt that's on him while having no trust from the people anymore? I think that he can if there will really be some helping hands on him. I'm worried for the entire company because it has got people working for him.

They continue to applaud witness this decline.

Such purchase price quotes are so cheap. This will be a good opportunity to buy. If in conditions of price reduction there are still those who sell, then they really do not take advantage of the greatness of the thoughts they have.

You're right. Just come to the market in 2026. At present we need to prepare for temporarily alienating ourselves.

Most of us now say:

• I wish I had more fiat to buy more bitcoins.
• I wish I had sold Bitcoin a year ago, I am now poor and afraid to sell my coins.

Feelings now are regret or fear, both of which are good indicators that the downward cycle is over and beginning to stabilize.
Changing sentiments are related to price and economic conditions.

That's always the case. When we're on the bull run, we tend to think of a much higher price before we sell but what happens is that we miss the top or near to it.

And when the bear market comes, that's what we feel and regrets of not selling around 2x-3x of the current that we've got. It is why it's good to remember that if we're in profit, sell.

actually you don't have to encourage people here because this is Bitcoin sanctuary in which majority of the people here are Bitcoin supporters and only few that is sharing their beliefs in shitcoins.

But I love the thought of you saying "The World Will be Ours" that is something very promising..


I am one of those ,  that is eager to have much money here to buy Bitcoin and keep it on till 2025 at least.

I'm sure many of us still have patience and are okay with this situation because we believe that this is only temporary and bitcoin will have time to bounce back higher. Now is a good time to accumulate more bitcoins, as the price is at the bottom. And who knows, the current low price is the lowest price for bitcoin and after this, the bitcoin price will start to rally and can slowly get back up and break through higher prices. For that, we must remain patient and not panic if the price has not been able to increase because it will all start even when we do not realize it.

Not half, but everyone here loves Bitcoin.

But you don't tell them that the $ logo will be a little wonky BTC.
This episode Luffy will likely unite with his father to fight Blackbeard and the World Government in the one piece series.

I dare not walk holding my ass because many of them have bigger mouths.

I was wondering earlier, how can he say that the dollar is strong when there are inlfation or recession happening around? And if dollars are strong, then it can't be true that the world isn't doing well. Bitcoin is weak in terms of value but that was normal here in cryptos because we have bears and bulls cycles on here and they can keep on happening no matter what is the situation outside.

If btc and dollar rate is going to be the same then it would mean that 1 btc is only equivalent to 1 usd? That sounds unacceptable. Or maybe you mean each units of btc will now be equivalent to 1 usd? But that will be a lot. Can you be more specific about this one? 

Anyhow, with the recent crash and a new all time low, it seems that BTC has already recovered, back to $17,500. Probably this is just another shake out although it is not due to BTC but to some shitcoin who can't recover and CZ supposedly wanted to help that fizzled out in the last minute

So the world will continue to roll I guess, when inflation and dollar weakening, I think everyone will still survived. The Covid-19 put the world in a standstill but guess what, we are back to normal again but might take another 2 years for everything to settle down and bounce back.

Whether the dollar rate is increasing or not, many bitcoiners don't care to know about the dollar rate because their whole focus and intent are to see bitcoin skyrocket. They keep buying and hodl bitcoin till the bull season is over.

You can't find us here if you don't like and support bitcoin. Bitcoin is the best thing that happens to us all. The world can only be ours when bitcoin is widely accepted globally

Our minds in understanding a person's intentions must also be broad. Like the creator of Bitcoin (Satoshi Nakamoto) who has a very far point of view in creating Bitcoin in the midst of a chaotic economic system.

We are aware that we are still newbies who still need guidance from members who are more experienced in carrying out activities.
If we can understand with positive intentions towards a thought that is poured in written form by members like us (newbies), then we believe it will be very easy to convey to the public outside the forum.

Sorry for getting off topic. What we know here is that it requires writing skills and understanding skills.
Our habit of welcoming someone here will be a reflection of us in welcoming people outside the forum.
The more newcomers here who are greeted with a warm welcome, the more people outside the forum will gain knowledge about the conveniences and advantages of Bitcoin.

That is the type of investment I make. I buy now and come back years later and see my profit and feel happy about it. I understand that not many people feel that much great about the situation but the reality is that the price being low equals to a lot of profits years later. Most people want to see profits right away, today if possible and we all know that’s not possible.

Those people see this drop as a bad thing because they couldn't profit but in reality, if they waited a bit more than they could have bought and profit from it. Just wait, that is the key aspect to crypto profiting, wait for it to happen and it will eventually go super high.

The current state of crypto is not for the first time. If they have been in crypto investing for a long time, of course they already understand this condition. They will not panic with the sudden drop in crypto prices. Even some of the previous discussions have also predicted that Bitcoin will be dumped. So no need to panic, it just takes time to come back. Of course if the price of Bitcoin weakens, then the value of the dollar will be strong.

I can imagine a situation like this wasn't exactly what I expected after seeing ATH last year. The price of bitcoin dropped so significantly that the panic wasn't really preventable. The problem is that bad fundamentals influence traders to release their bitcoin at a low price so that the candle continue to be red for some time. Well now we are at -76% of ATH, while the market is still not recovering due to its poor fundamentals.

There should be no correlation between bitcoin and the dollar, it's very different in my opinion. The dollar strengthened due to the impact of the increase in US Central Bank interest rates which affected the high demand for dollars among investors. Yes, there is a domino effect, of course, because there are quite a of investors taking advantage of this situation for their benefit.

There are really just people whom do really just make out these kind of reaction whenever the market do really make a movement something like this which isnt really that something surprising specially into those

who dont have much sufficient experience within the market.You would really make yourself easily get freaked out whenever the market does have that dumping state which is really a very common
impression or reaction on someone who does really expect or anticipate that they could make out some money.Speaking about economic matters then it cant really be avoided for us not to make
some connect of dots.This is why on the time that you had able to make yourself learn and experience on how things works then you would be able to bare up the condition and wont
easily panic out on certain conditions or situations.The world is not really doing well, inflation and recession is always on the corners.

I think we’ve seen peak dollar already. It’s broken it’s uptrend and stocks have all started rising as a result of the lowered inflation expectations. It’s possible that we’ve seen the worst of the cycle with the crash in tech stocks. If job losses can be contained and wages rise significantly as inflation is accepted by consumers then we might see the markets avoid another massive drop. I have hope. This doesn’t feel as bad as 2008, but it’s possible we’re still early.

World GDP is positive, and Dollar has inflation which means assets rise


Yet prices in Dollar are not dropping as to be expected with a currency gaining value.  All thats happening is dollar has some inflation and other currencies perhaps alot more but all FIAT paper is suffering losses which makes any useful asset with utility likely to fair better then plain cash for the ordinary citizen.

The main reasoning for Dollar to rise are the losses in YEN and EURO, the two latest counter parties to Dollar index.  Europe has war conditions to their commodity pricing possibly bringing retraction to economies and YEN has demographic generational problems with its growth and the currency is broken thanks to excessive new currency issued by their central bank.  Its quite likely YEN fails to some extent it wont be worth retaining.

Positivity. This is a rare opportunity to buy again at a cheaper price. I will take it without a doubt although there may be reasons for another dump to come.
Creating a plan may be the best idea for this type of unsure market. Slow buying part by part until we hit that rock bottom.
Afterwards, there will be nowhere to go but just up. It's not easy to be in a position where we are having difficulties to buy Bitcoin because its expensive.
I've been there and I cannot even release my funds as regret emotion keeps on stopping me.

That's what we need is to wait for a little longer time. That's why we say that we need time to self-isolate for a while after keeping our keys in a safe place while preparing ourselves to welcome the new year.
That is, we need to consider this decline not a bad event but a good opportunity to increase the volume of Bitcoin as a future investment asset.

Always optimistic is the way I deal with such situations. If we don't have a strong mentality, we will be shaken by negative narratives about the current situation, especially when looking at the market. You are right there may be other reasons for the next dump to happen but if we are too scared about it then we will not take any real action and only speculate about what will happen in the end we will miss when the bull market comes along. Honestly, this is very draining, but again if we have positive thoughts like what you say, then it will help and make us calmer in dealing with this difficult situation. Precisely if we think about the opposite it will make us even more down.

Now that people are realizing that the concept of Bitcoin is far more relevant when compared to fiat money exchange rates, there is still a lot of debate that shouldn't be happening, but bitcoin has proven its strengths to date.

The world will never be fine, if there are still situations that can be created, conflicts, politics and recessions are part of the power that monopolizes the desires of a few people. As long as this is still happening, then until whenever the world will not be fine.

If you look at the condition of bitcoin at the beginning of its emergence, you can imagine how the public reacted to this situation, then what should we worry about just because things haven't improved, everyone who has followed the process of Bitcoin's journey, this is not a big problem anymore. We have so enjoyed whatever conditions occur in Bitcoin.

There's really nothing to argue about with Bitcoin because Bitcoin basically doesn't make mistakes. The decline and increase that occurs in Bitcoin is the work of traders and buyers because they make supply and demand as they desire in their hearts.

The world will be fine if greedy people and those who are good at making politics and FUD disappear in this world. But it's really difficult to lose or get rid of because the desires and intentions of each person are always different so that it always gives birth to different opinions on the same matter.

What I see over time and years on Bitcoin is the increase and decrease and increase in people who like Bitcoin, that's all and that's also apart from those who often make FUDs against Bitcoin which basically they also like Bitcoin, but because they don't want to buy at a higher price, then in the end they started to make FUD and also started to create a little conflict so that people who had clung to Bitcoin began to panic and sell the Bitcoin they already had.

The world will never be fine, if there are still situations that can be created, conflicts, politics and recessions are part of the power that monopolizes the desires of a few people. As long as this is still happening, then until whenever the world will not be fine.
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Unfortunately, world will never be fine is a correct approach. One of the oldest understandings of political philosophy is that if everything is fine, then there is absolutely no need for people to vote for you, and that means the opponent will try to find every single mistake in order to get the votes and that means people who do not create chaos will never be picked.

How do you think Bush had absolutely no chance of winning a re-election but ended up with a war and won it? That happens all around the world in a small scale, sure not a whole war, but they create troubles so that they could show themselves to be the solution instead and that’s why we will never be fine.

Crypto market conditions like now should be used by anyone who believes that crypto has a good future compared to now. Especially bitcoin, I never imagined that bitcoin would come back down to $15.5K a few days ago when last year it was $69K. So this is a good opportunity so that we are not always negative when the market goes down.

I still firmly believe in a better future for crypto, but try to avoid altcoin as much as possible as a long-term investment. So if you want to make a profit in crypto, then never doubt its good potential especially in assets that have real use cases like bitcoin.

Well, patience is always the key to success but unfortunately, not are doing this as they wanted instant which makes them always lose in the end.
During this economic crisis, many people have been bothered too much and can't think of the right things to do. Panic selling and a negative mindset have just come into their mind. It is absolutely nothing we can do with this other than be patient because sooner this hard time will be over and give rewards those who hold.

Sometimes, the world is just giving us opportunities. There are some people who waited this time, especially since the price fall, and for them, it's already a good buy opportunity because some of those people started to hold USD or some stablecoins and just waiting for a good opportunity to buy Bitcoin, and here we go. Some already started to accumulate Bitcoin at cheap price even there are lot of not good events happening right now around the world.

Owning bitcoin requires patience and strong belief, and this is a very important capital to instill in us when the price of bitcoin drops sharply. And the most important reason is because no one controls bitcoin but ourselves.
this is just a temporary drop although we don't know how long it will last and to be honest I am happy during this downturn, because I was given the opportunity to buy it gradually and increase my purchases at the cheapest price.
I have always been as trusting and patient as the trail of bitcoin before, until I finally hit a big profit and remembered that bitcoin is for the long haul and put it to good use during downturns.

this is advantage for all of us who are willing to keep holding m when the price increases really high last year , now this 2022 we can see more chances of taking them back so buying is what we really needed now.
forget about the easy money but instead look for long term holding , maybe 2 years from now we can clearly taste our profit.

The debate in this case is not about mistakes. It is also related to the theory of supply and demand due to the sale and purchase of bitcoins. For me bitcoin has unique characteristics that no other has

Politics should not be used on things that are contrary to its meaning, but because a few people use power to fulfill their desires, so that politics is seen as cruel and there are no friends or foes.

Likewise, people who understand the concept of bitcoin, they will never panic even though the market is in a severe correction, bitcoin has gone through a long cycle since its introduction by its creator, and until now the growth and adoption of bitcoin is getting bigger
The reason is quite simple, because bitcoin can increase and is able to maintain a hedge, this concept we rarely find in any investment, even though it does not ignore the correction process on its way in the market.

Political control is far from its true meaning. If any election still uses money politics, it will never reach the level of equality, because it is certain that people in power have big money to win elections. So that when they are elected, corrupt, authoritarian leaders are born and never want to resolve horizontal conflicts.

When we want to discuss the scope of politics, then there will be freedom that we cannot express in a vulgar manner, it places limits and prohibits someone from expressing an opinion. Because of this, humans are so tired of facing the political conditions that occur in their country, that political understanding emerges that is more critical than anything else, even though the real meaning of politics is not as shown by the current authorities.
We don't want to widen in terms of ongoing discussions, but if the discussion is about politics, it doesn't seem so interesting to discuss.

Politics will always be about how the world leaders want power, nothing more and will always stay that way. I feel like there is this addiction to it that we are forgetting, even the people who rule a party and lose elections all the time dislike the notion of giving up. If your party loses the elections, then maybe you should quit and let someone else try to win the elections?

But, there are so many parties all around the world with party leaders who lost elections many times and still do not quit. Which proves that it is not about actually ruling, but it’s about people who reach to a power place and do not want to leave and can do anything to keep that power. Terrible thing.

Politics has come out of the idea of ​​defending a truth, the function of politics has been applied to the struggle for power and political parties are no longer a means to defend a truth, even though they have lost many times in elections, but the struggle for power will not stop at one, two and three times of defeat, it is for this reason that people are increasingly apathetic and no longer trust politicians.

Talking about politics cannot be separated from the struggle for power, it's just that the way to obtain this power needs to be debated, in an honorable way and not ignoring integrity, responsibility before and after being elected. Therefore, leaders are not justified in buying votes and must be selective in choosing them. The next question is, do people want to do that or not?

There's always a process of ups and downs in life. None lasts forever. Today may be for a crash and tomorrow for soaring to the north. In essence we can't hastily conclude that the world isn't doing well based on the momentarily incident of crash we have. Bitcoin may be crashing at the moment but that doesn't make it any weaker than the dollar.

Why you guys are stressing out the situation? It’s not that bad to be honest. I mean we have seen worst cases previously, and guess what we didn’t lose hope that time, neither this time also. This low price is due to the price manipulation done by the big bulls for their profits, so soon market will be stabled and will go back to the normal state. It’s always best to treat bear market as buying season. Instead of panicking, we should buy as many coins as we can in this cheap affordable bear market. Think wisely and don’t panic.

If that's the question, then I'll try to give a few answers that might be related to what you're asking. The answer is "it depends on the person too" because I don't think everyone can afford votes when they are fighting for a place of power based on the number of votes voting for them. Because it is part of a campaign where each candidate must be able to promote himself in the community and also introduce new programs that can help everyone when they are elected later.

I would not be afraid to come to the conclusion that the world economy is not doing well. Look around you, it's not easy for them to make money even though they currently have a job. Even if they do make money, its value is destroyed by inflation so in the end the economic disruption is catastrophic and millions of people are feeling the effects.

Outside the context of the world economy, bitcoin is still a great store of value and investment asset to consider. I believe the current price is part of its volatility regardless of the reason, but over time it will only get stronger.

The strengthening of the dollar exchange rate will not make investors interest in Bitcoin decrease. We are in a Bearish phase which coincides with the strengthening of the dollar exchange rate, take what you can from the strengthening of the dollar exchange rate.
Naturally, if Bitcoin goes down because this condition will continue to repeat itself in every period, people who don't like Bitcoin will never know what always happens to Bitcoin. Those of us who have been struggling with Cryptocurrency for a long time are always strong and patient in facing the Bearish phase. Whatever conditions occur in the world, Bitcoin will continue to spin in its cycle. Usually after the Bearish phase there will always be a Bullish phase and I believe in Bitcoin because it has been proven to be able to survive in any conditions.

In my opinion, this is more of a technical issue. Politics today is too inclined to negative things, which are carried out by those in power, politics no longer reflects the values of justice it displays, so that people are increasingly apathetic and don't want to care.

Following are the criteria that must be owned by a leader, according to my perspective?

• Integrity

This is important to know before choosing a leader, because the highest quality of an ideal leader is if you have integrity.

• Inspirational

Every leader must be able to inspire people, so that they will do positive things in life, a leader who has this trait is an ideal leader to choose from.

• Communicate and dare to make decisions

This dual aspect is no less important for leaders to have, because when there is good communication and the courage to make the right decisions, the community will feel protected by daring to give opinions.

• Creative and Innovative

Leaders must have a vision and mission in leading, so as to give birth to creativity in making decisions, besides that creativity is also very much needed in order to be able to create jobs for the community, thus giving the community space to continue to develop

• Honest and fair

Every leader must have two things, because this will be a reflection of his leadership, if honesty and justice are not owned, then don't expect leaders to be able to act fairly and want to be involved in solving problems.

These five things are needed to produce good, honest and wise leaders. People will only vote when this criterion is found in certain leaders, but if leaders buy votes during elections, it is certain that leaders who are born will never be able to be fair and wise in making decisions.

Dollar has gained traction recently, but here in our country it's not any surprise if we analyze the 1 year time period graphics. Actually, it's not even dollar's ATH during the period, so I would say it's pretty stable, what is already a big deal for US, since they have been increasing interest rates without limits this year. A expected to see a weaker dollar at this point, but congratulations to them, for now.

USD is often high compared to any local currency, it's soaring against EUR also. While the value of the USD rises, people from other countries benefit from it especially if they earn in USD but people not earning USD suffer inflating prices because while USD value is high in other countries the purchasing power of USD in the US is declining.

Yes, the world is not doing well and it could be stopped actually if they would. FED should pivot.

In my opinion, of course every investment must make us profit, but regarding the trend it will go up it's normal, or if one can wait for the price to go down and keep buying. In my opinion Bitcoin is still the same as all other digital currencies, although Bitcoin is a bit special maybe because early adopters only BTC has a lot of advantages over it when it comes to investing.

The price of Bitcoin will have a huge effect on any potential investment. It's important to consider how much growth you want on your investment, and how much time you plan to wait before you sell.

That is true, for us it's good that dollar rises, as our weekly wages are paid in dollar currency. Also, it's good news for most online workers living in poor countries, while working for companies located in wealthy countries. On the other hand, the negative effect of a valuable dollar currency can be experienced in our daily life when purchasing any goods and products around, since they are priced taking dollar into consideration. That is, the more expensive the dollar currency, the more expensive it's going to be the fuel, electronic devices and any other goods which have their raw materials imported from foreigner countries.

There is no doubt that during this period that stocks and bitcoin is struggling to make good prices, the dollar has gained so many strength against other currencies thereby making some weak currencies to be much weaker.
I don't think that the strength of dollar is the weakness of Bitcoin. They are not related in competition, the dollar can be very much strengthened but it is still very much vulnerable to inflation.


It always look anew whenever bitcoin dips. The fud makes it to always seem different and worse than the previous bear markets. That has always been the tool to manipulate the market and majority number of people still fall for the fud and it always produces the results of crashing the market.

The ones who do really benefit out when dollar price or value increase is into those;

1. OFW workers
2. Work from home freelancers on 3rd or developing countries

With having that increase of value then of course it would also increase their salary or income since USD had rose up but thinking up thoroughly
that it would really be still useless since needs and commodities do rise up which means that you would really be still spending those increase funds on increased goods price.  :D
For those who lived up on a 1st world or rich countries and then the salary or wages arent that going up high but good are then this would really be fucked up someones living.
The world isnt really doing well which recession and inflation is really something that do make living more harder.This is why its really that wise on finding out other sources of income
for you to survive at least.

^ Maybe what you meant is that workers who worked abroad and not specifically OFW as this refer only to Filipino workers abroad?

For sure, dollars value will have an impact to them as the money they will have to send thru their love ones will have more value in their local currency.

But it doesn't mean that they can buy more as the commodities might also be going up because of inflation, so the effect is just minimal.

I feel like this "not doing well" period will end after winter, and there are many reasons for it to end:
First, after winter europe will relax with gas issue with Russia, and eventually they will find alternatives (USA, Azerbaijan, Qatar etc.)
Second, FED will stop increasing rates. It will make growing economies move, dollar will be cheaper so people will be in more ease doing businesses around the world.
China will very likely relax with covid (I hope so) as spring time means less effective covid.
Bitcoin and gold prices will very like go up, we will probably enjoy next summer with our gains through Bitcoin.

I wish Russia-Ukraine war ends completely... It will completely fix Russia with embargoes and other issues.

It could, and it couldn't. It is hard to see that things from the present would be solved after winter. I think it will take longer than that to both this industry and overall economy of different  countries. Bitcoin is on the edge of falling to a $12k market value as many investors assumes of. And this is possible especially to the situation we are currently seeing; the price of most cryptos are struggling to current price range. Questions of what factors are exactly pulling down the market prices of cryptos including Bitcoin. My answer as a guess, is all of it. The price of Bitcoin is dependent with the demand. Given that many factors are affecting the demand, I think it is just valid to say that all of those factors are the cause of this downtrend.

Only one thing that is making some people to lose their coming today is because of out of patience many of them are running out of patience to I believe that if you have a coin that you hold for a long time then do not because of the market price of Bitcoin now I'm panicking to sell your coin so I believe that whoever that is having a coin will be a beneficial to it and I'm coming

Dollar is still weak against real items, if it were actually strong currency the people who hold dollars would benefit from a reduced cost of living but generally all average income populations have become worse off from inflation observed globally.   Its just that Dollar is the least affected, thats how the reserve system works at the moment with a bias towards mostly western currencies.

BTC is priced in dollars but its really not dollar related or reliant so my conclusion is that it can rise in price should demand stay at least level long term.  Clearly we dont keep the bubbly hype levels of demand that was at the top, thats fine I only aspire to the steady gains its had over many years as thats been possibly even more impressive and durable.

Maybe you are right but for me, I invest in Bitcoin because it was not a scam and I believe it gives me profit when the time has come. I know losses can be possible in a volatile market but that only happen if you sell your coins at a low price. Besides, we have the option not to sell them low but to wait for the price to move high. However, most of us can't wait, most of us are impatient which leads to that way of losing, instead of making a profit.

Real investors know what is best for them, losses are just for those investors who always think negatively. In fact, we can find a way to avoid losing ( or at least minimize it).

And before they decide to invest, investors will always calculate how big the risk is and how to reduce the risk of losing money from that investment. By calculating everything carefully, investors also know when to buy the investment; in this case, they want to increase their bitcoin amount. So they will wait for the bitcoin price to drop first and then place a purchase order and they do it in stages and not immediately all-in. And as investors, we also have to know when to buy, when to hold bitcoin, and when to sell and more importantly, we shouldn't panic.

The world will not be ours if we do not try to have this world we want. For the problem of the world's situation that is not okay, I think it has become a very common thing because in this world every day there are always different problems to be solved so there is no need to panic about the world's situation like now because this world is always full of problems.

The point you want to say is that some people's patience has begun to wane and that I think is a very natural thing because everyone's patience is not always the same and maybe they have also been patient for a full year to see improvement, but they still haven't got it at this time.

Why is thinking about potential losses and scams important for investors? Will thinking about losses and scams increase the confidence and enthusiasm of investors in investing? Because personally, if I constantly think about losses and scams, it will make my investment enthusiasm decrease and I tend not to do it again.

Currencies war will continue to occur and countries that have strength like the USA will be able to become winners, this is what makes many countries depending on USD and easy to control their economy, the best solution to reduce dependence with one currency is to receive cryptocurrencies as an alternative currency.

The government still wants to be the controller. Currency competition remains and will continue to occur with various scenarios that will emerge. We can see for ourselves how the dollar exchange rate compares to the euro currency. There was even news in July that the two types of currency were equivalent to the exchange rate.

I would not say if the acceptance of cryptocurrency as an alternative solution. There are still many things that need to be studied because there are still many who cannot accept cryptocurrency among the grassroots.

I don't understand, what you mean by currencies war?

US dollar remain as the medium of exchange, although there was an attempt by Russian and Chinese Yuan to be one of the alternatives, I don't think it has enough push especially with the war ongoing and then China also suffering due to Covid-19.

Crypto or at least bitcoin has remain to be the next best alternative for fiat, it is censor resistant, borderless with no central authority. So it is slowly getting into mainstream and maybe in the next 5-10 years we will be there.

Being alternate currency is completely different from dependence with USD. Currency war will never end until countries will have their own production to reduce importing. Cryptocurrencies will help countries to have alternate for USD and bitcoin may help countries and individuals with its attractive ROI but currency war will continue if you replace USD with any of cryptocurrency.

The current scenario in all world economies is due to hyper inflation after consequences of pandemic and lockdown situations because the currency war is not new to any nation's economy and for cryptocurrencies. Recession might help cryptocurrencies to boom but investors might need to remain open to more investments even in hyper inflation.

The whole world is trading with the USD, from crude oil to commodities such as coffee or wheat. As long as it's the main means of trading, it'll remain the strongest fiat currency. I always believed that Bitcoin could be an alternative means of payment as well as an asset, but could it actually be used for worldwide trade? Bitcoin is volatile; how would the oil industry, for example, depend on it? Strong fiat currencies such as the Euro, USD, Pound, or Swiss franc, on the other hand, are relatively stable.

I agree, it will still be the USD that will be used as the main currency worldwide. Bitcoin or other crypto are very volatile and this is not good for business or for trading.

We like for bitcoin to be the main currency, but it won't be that way and on the other hand it could be bad as well.

But as far as being accepted and becoming mainstream? why not? we can used it whatever we want, just like money or as an asset that will depreciate over time. But asking to be a world currency will not sit right to those who are in power right now.

The solution you offer may look very ideal, but because until now almost all goods and services have been measured in USD by everyone, it will be a little more difficult to get rid of because it has become a habit even though everyone can measure it by eye their respective country's currency or with the currency of the country they are currently occupying. The point is the idealism that has been built by the USA has been very widespread throughout the world until now.

the world may not be doing good but the crypto market is still showing strength to make us believe of its capacity as we can check the market and see that this December the price stables at 16-17k.
this means we are not dumping any moment now right?

Ignore people who don't like bitcoin, it will only make it more difficult for you to grow your investment. Bitcoin is in a correction cycle which means a great opportunity to enter the market and a gradual purchase target, even I personally am very excited about the current market conditions so that I can increase my investment, because if purchases are made at times like now, then the number of bitcoins is getting bigger to own, today the bitcoin price is around $17K, accumulation up to $20K still provides the best opportunity to enter the market.

In this context I do not agree to associate bitcoin with the world that is not good, because the concept of bitcoin does not enter into this problem.
However, it is true that the relationship between fiat continues to depreciate due to recession and inflation. The world economy is on the verge of panic, so that the value of fiat currency will be eroded to the lowest point and will have no bargaining value in the law of supply. Therefore, investing in fiat currency will have the same impact on preserving value in the future. The right solution is Bitcoin, while further explanation can be found in the Bitcoin journey cycle.

This advice will continue to be spoiled, I'm afraid people will not be able to reach a solution, direct involvement in Bitcoin investment is far more important than the advice people are trying to give. Because real learning, when they are ready to accept the risks of the decisions they make.

That's right, one day the world's economy will definitely recover and at the same time the crypto market conditions will also recover. there is no other choice but to continue to survive and continue to increase the amount of investment. if you give up you will regret it when crypto market conditions recover and the bitcoin price reaches a new ATH which is much higher than before.

Dollar strengthened vs a weak Yen and EURO sitting on the edge of a major battlefield with the loss of a large section of its energy.  Thats quite some incentive for a swing to a dollar but it doesn't exactly make Dollar strong only that we have a withdrawal in risk appetite.  The BTC price right now is with the tide full out and speculators gone you just have a base price, its disappointing for some but this background to pricing was always there and much lower then the headline grabbing prices.  Its not quite as bearish as some might presume, theres always more then one price to consider imo

I have invested in forex, if I remember correctly, there was a time when the value of the Euro was even lower than the value of USD, 1Euro=0.9xUSD. This year has to be said to be the worst year for EU countries as well as the British pound is also falling into a similar situation., the currency war never ends.

Besides not being widely accepted in the community, it is important to note that the value of cryptocurrencies or bitcoins is measured in monetary units, they are not independent but still dependent on fiat, so that's not the solution.

Yep, indeed the influence of the dollar is very dominant among global currencies, many countries use dollars as their country's foreign exchange so the circulation of dollars is needed, but now many countries are starting to switch away from the dollar and limit themselves from western hegemony. Now many countries use their currency as a means of import and export transactions.
maybe because of that, inflation in the United States was so high, because many countries started issuing dollars as foreign exchange. and finally forcing the Fed to raise interest rates to attract too many dollars circulating in society.

Talking about crypto as the currency of choice will be very difficult in my opinion, its fluctuating prices make it difficult to determine the price of goods unless you only use the technology or the crypto network, to speed up and simplify transactions and reduce admin costs.

Beyond the story you've ever invested in Forex. Maybe we still remember when the supply of gas from Russia to Europe became one of the factors that caused currency competition.
Therefore, all steps need to be carried out so that all hopes can come true. We will not argue that the Bitcoin system is much better than the fiat currency system.

If cryptocurrencies are considered as an alternative solution, I don't think it's time yet.

Volatility in cryptocurrency is such a common thing that everyone knows. But when the global situation is stopped due to epidemics and wars, this industry will also declining stage. This will also be taken very easily in the language of economics. Just as we see a bearish after a bullish and naturally expect a bullish after a bearish. Global politics and the collapse of some major cryptocurrency projects have prolonged the bearish situation of this platform, which may take time to bounce back. This requires everyone's concentration and courage.

I think the dollar exchange rate has nothing to do with the price of bitcoin. We have seen in the Corona Pandemic that Bitcoin was at its peak when the world economy was on the verge of destruction. It has nothing effect on the dollar rate. Basically, when investors regain confidence in investing, Bitcoin will also return to that position.

There's nothing to worry about, this condition has happened before. Bitcoin is collapsing, but that won't make it disappear from circulation because currently it still holds the record as one of the coins with the largest market capitalization. The recovery phase is coming soon, those who don't like Bitcoin will feel ashamed for having underestimated Bitcoin.
Almost 70% of us who join this forum like Bitcoin, they are never worried about the current conditions because Bitcoin will return to its highest price like what happened in October 2021.
 

let  the world economy suffer but the crypto economy must recover fast  ;D

while the whole is in this situation the crypto market is showing small recovery and good health in means of trading , Bitcoin is now at least staying at 17k while others are also in small greens.

I will maintain my holding instead of selling at risk this time and this is also what we must all do now.

Many experts believe that economic trends in the future will be increasingly difficult so that we have to prepare from now on, moreover the threat of war can occur at any time so that we have to be smart in managing finances, don't focus too much on putting money on 1 or 2 types of investment, it's safer if we divide it into many places so that it can make us safer if a problem occurs.

While the stock market was showing a recovery, the crypto market was falling into the abyss at the speed of light because of the FTX news. So if the stock market starts to fall again, you and I are definitely in for some bad times. Hopefully all the bad things are behind us now and the crisis doesn't hit again.

Yeah basically diversification matters always; not just for current world economy scenario, it is always better to go diversifying our capital on more than one completely different opportunities. I personally expect the crisis between Ukraine and Russia will fade away here after but the consequences of pandemic may persist for another year. So, being prepared will not hurt anyone but might get chances to stay profitable as some assets may perform well among world economic crisis.

Crypto does not depend on fiat/money so the independence will continue to help the world not relying on the government run currencies , and this is the best solution to use bitcoin(and some altcoins)
crypto is our only source to reduce this dependence so why need to focus in other form .
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and while the world is not doing well, we as crypto holders are now gaining and continue to gain from this.

As humans who can think, we should not be too worried about what will happen in the future, always thinking positively is an important key that we must have to face difficulties, economic predictions and recession makes people do anything, but we must remember that there is something that regulates All of this and of course all the difficulties there must be a solution.

Yes, it is true that not a few economic observers and influencers say that 2023 will be a dark year, but we are still questioning whether it is true or not because in our area it is still not felt, because our country is not so dependent on other countries.
But when I see China, Europe and America their GDP is in a state of decline, and the needs of the people there are not being met which causes prices to soar.

When a country holding world power finds rejection from other countries regarding the export and import of its needs, this will trigger friction between the two countries and even war, and of course, this will hurt the global economic cycle.

Yep, diversification is very important to choose in investing, of course, we want profits from various sectors and minimize losses if we focus on 1 or 2 investment sectors, some suggestions for investment sectors when world tension heats, the palm oil industry, coal, nickel, oil natural gas and natural gas industry sector which is relatively always increasing when there is global tension.

Even though we always hope that the two countries will make peace including Taiwan and China, we can't do anything, praying is the only thing we can do right now.

Diversification is important there is always a lot of advice about this scenario we have to remember how to look for good opportunities of course to see opportunities from the other side, I have never been in one investment sector for example bitcoin of course there must be other types which are the next opportunity gold, property or type other.
World economic tensions are indeed heating up, starting from Covid-19 to the war that was sparked by Russia and Ukraine which has become uneasy among investment circles because we are always afraid that the following year will become dark, I still feel that it is not of full concern to us who most importantly focus on seeking opportunities from the investments we make: diversification.

And Another chance is people will suffer more difficulties in the future. Imagine how this war affects the global economic growth of many countries, I expect the next war can be more disastrous. But of course, in every situation opportunities comes always. In fact, the existence of cryptocurrency helps us a lot during the Covid crisis and also this war. That gonna be certain that in the next couple of years there is another to come out and make people enjoy with. Many things can happen in the future and it's up to us how to deal with them.

Worry is a trait that is innate in all human beings and it is also a very common trait. So it won't be a problem if you have to worry a little at this time in order to better prepare yourself in the future. Because it's still better to worry about now and be able to prepare everything for the future than to have regrets later due to the absence of any preparation.

Positive thinking is always needed in dealing with any situation, but everyone also cannot relax by not trying and trying to change himself for the better. To always be ready for whatever will happen in the future, because when you are very well prepared for whatever will happen, it will not be so difficult for you to live life and also carry out your work routinely as usual even though you are in a recession

Rightly said.  As a result of various unforeseen adverse conditions, an economic recession has started to emerge all over the world.  And when it turns into a severe recession, the whole world will depend on Bitcoin or Cryptocurrency.  So those who don't go for the possibility of Bit Coin will suffer a lot.

All humans have a brain but not all can think positively. Many of us are good at worrying instead of focusing on how to make a solution. I think it's not wrong to think about the future because this helps you prepare. This makes people invest on the valuable assets and then have a savings because they don't know what can happen in the future.

For now, they still have jobs and living decently but what if that ends one day? They won't worry because they still have something to get. The world is not doing well right now but I know that many of us can survive it. This wasn't the first time it happened anyway so we already know what to do.

I am a person who believes that every problem will be accompanied by a solution, it's just that we need to think more and find the right solution. Problems that come are not without reason, beforehand there will definitely be prevention efforts so that the problem can be prevented without waiting for them to really come, and also if they have already arrived there will be a solution to solve it.
An impending recession will definitely make people worry, that's a natural thing for a human being. It's just that some can handle their worries well, some get carried away with the worries that come to them. That's what causes people to be wrong in taking good steps to deal with problems that come.

Sometimes problems just comes because we create them, not because there is a solution lacking. Which means that we could both avoid the problem but also could solve the problem and yet we still don't. Look at politicians, they are the biggest examples of this, they could find the solution and yet deny to do it because it would give them more votes to just decline to solve it, and that could be personally done too.

Like I "know" how to lose weight, but I don't do it, I fail so far, hopefully one I will do it properly, not because I don't know how, I know how, eat healthy and do exercise, but I just fail to do it and that is why I am overweight. Not all problems are solvable, not because of lack of solution.

Things can change quickly and those who focus a thought on the main point will always be haunted by thoughts of worry about the future. this is where the theory appears to eliminate the case on what is centered on a point within us where anything new or a situation of calm will be able to dispel you from a situation you are worried about in such a condition. I agree with what @kotajikikox said where actors in the crypto business will not have a major effect on strengthening fiat currency because if you look at the strengthening that is occurring in the crypto market it is driven by positive issues which are the main reference for players in the crypto industry.

This shock is only temporary and it's the impact of the circulating fud that is strong out there so usdt can strengthen hard at that time but it's only temporary while bitcoin will strengthen from time to time you can see history here https://coinmarketcap.com/id/currencies/bitcoin/historical-data/

Ironically its because the world has some problems that require answers & that BTC will be one of those answers and Dollar will not, in BTC price its an ironic positive.   The dollar system in this iteration at least dates back to WW2 and at that time I think USA trade was gigantic maybe near 50% of world trade plus they had currency fixed in value no matter the variance elsewhere it was a sure thing.    Every other country fixed their worth to dollar at a set ratio and so in turn to a precise measure of gold.
  Today the system is very different but still chained to 1 country its subject to fracture sooner or later and that 'not doing well' is the greater risk then the latest weather economically.  If BTC is any help in countering structural failure its going to be useful, required and likely trade at a higher price over many years, but thats a big IF.


https://talkimg.com/images/2023/06/12/AE8d2.png (https://www.piie.com/research/piie-charts/united-states-has-been-disengaging-global-economy)

The point is transition not criticism of one country more the overall system and its rigidity vs a changing world.   Will BTC be useful to that ongoing alteration, most likely and at the very least online I think it will be.

This kind of encouragement it is encouragement that new beans or beginners deserve to hear concerning Bitcoin especially those people that invested in Bitcoin newly before he tries and or before it starts falling to this one that is continuously so I believe that bitcoin will rise again and if you have it in your angle try to keep it on to panic to say but give off because of the experience you are having concerning it continue falling in the market

In crypto patience is the key, if you dont have this then you can sell now and move on but if you try to be patience its really worth it, for someone to earn good amount of profit the key is to hold and forget about it until bull comes then repeat its always a cycle sell at bull and buy at bear market. 

Yes, we all know that, it means there is a problem with a solution, right? But we ourselves must have finished it or not. It will come back to ourselves how we respond. In this world nothing is truly without problems, but what distinguishes is the problem itself which is considered small or big.
If you compare, our roads are just as steep, which distinguishes the type of rock. I mean the problem will be the same but what distinguishes how we solve and respond to it.

You are right that the whole world is going through an economic recession, not just any specific country.  At such a time many would want the principal to be lower to reduce the value of Bitcoin.  So that they can collect more and more bitcoins.  And can be more profitable if the market grows later.  So we can also buy it at this time.  But only if you have extra money and for a long time.  If we invest from the original money, there is no possibility of getting any quick results.  But if you think long enough it is definitely possible to profit.

True, as long as we can be patient then we will definitely profit, bitcoin has been proven to be able to rise even when things are impossible for example when in 2018 the price dropped below $4000 whereas a year earlier the price had skyrocketed to $19k, and now it is still better than last 2018.

The difference between nations is the key. While some may have 10% and see that as terrible, the other could have 50% and some other could have 100%. Which is why the importance of bitcoin rises from nation to nation. Some nations with horrible inflation keeps putting their money into bitcoin not only because bitcoin price may go up, but because they are saving their money from becoming less valuable, that's the best way to do it.

I personally believe that the best thing to do would be making sure that we are not losing any money and safely storing it as bitcoin is a really to protect against inflation. Like when it went up, bitcoin literally broke the record.

The world dependence on the dollar is certainly the biggest advantage of the dollar owner, the value will continue to rise so as to make many countries try to leave the dollar and look for other alternative payment systems, the presence of cryptocurrencies should be a solution for the world to be able to solve financial problems.

The most fundamental thing for Bitcoin is the strength of the community that keeps us afloat until now and even later even though some of the whole take the current situation as an opportunity.
The world will be ours if our faith in Bitcoin's future remains intact or unshaken.

They actually don't dislike Bitcoin, if you make a study, those who are not interested in Bitcoin are the ones who like Bitcoin the most.
This condition is only temporary and Bitcoin is still the most favored crypto asset by all investors.

Who are the speakers at the seminar? Because I also really like to attend seminars with the theme of the economy for national and global scope. And do you think for now, does each country have a different dependency for something that can affect the economy in general?

I think you can go into more detail about this because it can be very interesting to peel it thoroughly before a recession actually hits. After all, you must have gained more knowledge about the economy through the seminar. So I'd like a more complete explanation of this.

We've been in this kind of predicament before, and why we should be worry when we we're able to get past along the Covid-19 scare in 2020? The market has like -60% that time in just couple of days but we have bounce back and reaches all time high in 2021. So I don't think we should be shaken by the current events like wars or the FTX collapse, there will always be something to happen that is beyond our control that will affect the market. Nevertheless, the community will come through again no matter what the challenges is and we will see another all time high.

The problem is that it will not be easy for every country to implement cryptocurrencies into their payment and financial systems because every country also has rules that must be looked at before agreeing on any new thing to be implemented. So this is not an easy matter for all countries even though it is an option with the aim of making it easier for all countries not to depend on dollars which are in fact still accepted and still useful in almost all countries in the world.

More countries have begun to shift from dollar. Few countries have involved with direct transaction with their own currency. The recent one happened with India and Russia on the oil deal. India paid in terms of Ruble and now alternate trade mechanism to pay in terms of rupees is being designed. The same haven't gained the expected result. Everything have got transition time, and maybe more switching could happen towards bitcoin.

We cannot forget that phase. The 2019 market situation was really our toughest challenge and when we were able to step up to this moment (2022) of course the concern did not cross us who are still very confident in Bitcoin.

I'm not worried about Bitcoin at all. Instead, I have concerns about those who are still holding on to other types of crypto even though there have been several incidents that have made many people suffer losses such as in FTX. Even so, I still believe that they have enthusiasm for Bitcoin and still have a great desire to own large amounts of Bitcoin.

Do you think Bitcoin is weak and helpless at the moment with the current world situation, no, Bitcoin has no effect on the world state, we are already living under Bitcoin with the various turmoils that are happening in this world, from wars, economic crises, inflation, world debt and so on, Bitcoin is doing just fine at that.

In general, the crypto ecosystem is currently developing and growing significantly, some speculation that Bitcoin has never lost and is weak in trading and investment methods, with today's technology, You can see a lot of media influencers who are paid regularly by scammers to drop Bitcoin on the pretext of world developments, which are actually far from genuine news behind pure speculation and the truth.

But the influencers who are paid to take bitcoin down have no power whatsoever, let alone to destroy bitcoin or create a negative stigma on bitcoin. Bitcoin is not regulated by anyone, Bitcoin is the most valuable digital asset today. Bitcoin is strong in all conditions, its value will also continue to increase. Rapid price fluctuations are a feature that allows us to get quick returns and value reductions. Become a recommended digital investment tool for the long term.

no one can take this down as no one can control it. so manipulating is very hard even with those big whales holding BTCs. influencers can give their own negative thoughts but once people educate themselves, they will know the truth behind the existence of BTC. they can influence those noncrypto users who don't find to dig more. but for those who are already in this market, i don't think they can be of influence. their negative criticisms will just be ignored.

For me I think yes because if BTC is not weak ATM then its value won't decline like this. From $69k last time, we are now at $16k+. It is weak but not totally helpless because I know that BTC can recover once this bear market ends. BTC isn't dying yet but it will still take a long time for it to happen, specifically when super computers are now invented and/or a new strong currency with unique abilities are going to be invented.

BTC can't affect the real world but I think it was the real world that can affect BTC; for example, there are economic problems. People don't have much money so they can't also buy more BTC and in fact, they may even sell some of their BTCs to sustain their lives outside.

People will be facing bitcoin as a challenge no matter how many times it has proven to recover. I promise you, we will recover from this as usual, it will go up, and I mean go up a lot, maybe over 100k maybe even over 200k, and then it will have a crash again and people will doubt it again. You will say it has gone down and up even bigger 4-5 times now, why doubt it again* And people will still doubt it, then it will go up and go down again and people will doubt it again.

When it is your savings we are talking about a drop is not easy to accept and move on, it takes a lot of knowledge and confidence in what you invest into in order to make sure it will recover.

It is good that there are countries that have accepted Bitcoin as an official currency and made it legal, such as El Salvador, and I see that many countries will spotlight Bitcoin and cryptocurrencies and accept them in the near future. Bitcoin still faces many challenges in the face of governments and central banks of many countries, Bitcoin has wonderful advantages that we almost lost them in the dollar and fiat money. It facilitated global financial transactions and gave privacy. Some countries were able to use it to finance wars and charities, and it proved efficient in times of crises and epidemics. If Bitcoin is accepted and adopted, the world will undoubtedly do well.

The US$ is indeed losing world market share in the international financial system.  While that will indeed injure Americans and their economy there is an interesting idea I have seen floating around...

The USA soon will be unable to be the world's cop.  We do not have the money anymore.  So, at some point the US Navy will no longer be able to patrol the world's sea lanes.  Many/most of our troops will come home.  We will be unwilling/unable to help anyone, perhaps limited to our very closest allies.  With the world running low on many important resources, and with the world becoming de-globalized, many countries will have trouble feeding themselves.  Regional powers (think pre-WW II) will rise and cause problems (wars).

While the rest-of-world may welcome a de-dollarization and lessening of American power, there are downsides that are not often contemplated.

Those are the people who have not survived a bear period like we did, and that is why they do not know what the future holds. What we have to remind ourselves is that there are two types of new people, one is the person who checks out crypto when there is a bull run, leaves during bear, and comes back for the bull run again who just hates the bear period enough that they just sell and run away, so they will always doubt if bull run will come.

Secondly we are talking about new people who just joined on the most recent bull run, which means they have never seen the bear run before, and never experienced the recovery neither. Both those people have no idea how we always recover, and that's fine, with time they will learn.

The popularity of Dollar Currency is indeed highly respected throughout the world. Countries that do not yet allow Cryptocurrency, of course, investors from these countries must exchange it from Cryptocurrency to Dollars first, so it is clear that the owner of the Dollar is very profitable here.

However, it is very unfortunate that not all countries legalize this Cryptocurrency, only some countries have given permission to use Cryptocurrency currency, and there are even countries that have allowed the use of cryptocurrency currency even though it is not exchanged with their local money. considered by the world, really hope that most countries in this world should give permission for the use of Cryptocurrency Currency in their country.

No one doubts that bitcoin will recover from this fall. Another question is where bitcoin will end up falling. There are also doubts about 200k. Yes, bitcoin rose in multiples several times after the fall, but each time it was less than the previous one. For example in 2020-2021 the growth was only x3 from the previous high. That is, no one guarantees that the next time bitcoin will grow more than 200k. Although, if you buy now and sell at the theoretical high of 160k, then you get x10, which is also very good.

Up and downs have become so commonplace in the Bitcoin market that such market situations no longer surprise us.
Our optimistic attitude towards Bitcoin is still something we need to maintain because Bitcoin will always be a good asset as a long-term investment.

Beyond our belief in Bitcoin that will experience an increase of up to 100k maybe even exceeding that price, there are also people who have confidence like us in Bitcoin, but they still experience some obstacles that might be their obstacle.

We are hoping that the dollar performs very badly and people look for alternatives but we probably need a complete collapse of the dollar if we want to achieve complete mainstream adoption which is probably unrealistic. The best we can hope for is probably being used as a store of value instead of a daily currency. Competing with the dollar for transaction fees is just not going to work because the dollar does not rely on miners and do not need incentives to allow transactions to be sent. We will always be battling that because we cannot make 0 cost transactions but bitcoin makes it easy to store value from a third party and with banks that go bankrupt with the current crisis will help the adoption of btc and force people to look for alternatives.

but this already took how many years now? 13 years of Bitcoin existence ? yet there are only small portion that uses or support bitcoin over dollars so yes there is .

and also Dollars sometimes loses its value mate , we can see that happening in the past year but yes they are going high now.


ifyou invested your money into something then you must be worried when it is losing the value , not unless you don't know what investment is then stand by this .

well not that fast nowadays mate , because the effect of FTX comes last month and this december? maybe there are smaller views to look at about this.
patience also have limitation mate , you can keep holding if you believe that there is a potential for your coins but if you seeing them dying , then why keep waiting? instead sell all your coins and find other to invest for.

The recent appreciation of the US dollar has devalued local currencies in most of the countries. This has resulted inflation. However, there are many issues behind this dollar price increase. Among them, everyone knows that the influence of Russia and the Ukraine war has brought down the economy of the whole world. Its behavior is not only confined to the economy but also creates uncertainty in the crypto market. The way Bitcoin moves this season of the year, doesn't reflect any of its behavior. For this reason we recognize the entire global situation is now not favorable. The trend of the Bitcoin market will not remain in this state. It will be bullish again but everyone should have patience.

It seems to me that the main reason for the collapse of all markets was the high inflation in the U.S., which was caused by almost uncontrolled printing of dollars and the injection of helicopter money into the economy. Now it is profitable for the U.S. to write off its economic crisis to the war between Russia and Ukraine, but it seems to me that the cause is exactly inflation. Once inflation goes down, the world will probably be fine, too.

The condition of the dollar is very influential on the development of the world economy. If most countries experience a crisis, the dollar exchange rate will strengthen. Even when America is experiencing a crisis, the value of the dollar is getting stronger. This is a problem for some other currencies. We hope that global economic conditions will improve so that investors will return to the exchange and the price of Bitcoin will increase.

Not entirely true, it must be said that inflation occurring worldwide is the cause of all market crashes, inflation in the US has only a partial influence. If inflation in the US was everything, then when inflation was going down we would have had a recovering market, but in the end, things have not recovered and will even get worse in 2023.

Definitely, dollar is the world currency so obviously where it moves, it will have a impact on every country and every economy. And so far it's been worst for US dollar globally and we can say that we are in recession this year, specially that there is still a war ongoing that involves US and it's ally against the Russians.

And so with that the traditional market and crypto as well is negatively impact. And the thing with crypto market is that it coincides with the bear market, that's why it is more evident and this is considered the worst bear market we had. So let's wait what the future will bring for us this 2023 and hopefully it's not another worse year for us.

I think this needs to be proven based on clearer data because without more complete evidence, everyone can only guess and speculate under current conditions. Because war can also destroy the market, as well as the fraud that occurred in the CEX exchange that occurred last year, causing more investors to panic and the market began to crash so that it is difficult to get a revival at this time. So this needs to be explored in a more complete and in-depth manner so that there is clearer data to find out.

I think everyone has to be prepared for the situation in 2023, which is clear, maybe things will get worse. The indications are that many countries have experienced this by asking the IMF for help to strengthen their economy. I hope that with immediate financial assistance from the IMF, economic recovery will soon occur and it won't drag on too late. there is always a sense of optimism that this crisis may not be as imagined and predicted so far.

expecting so much every after Halving isn't a best Idea , because we have been in this era for how many times now? at least 4? yet people are still not understanding this completely.

I know that there are more bad things coming but if we are ready to what is there? then that is what we must understand and have clear thoughts .

Some of the events that you mentioned are the reasons and also countries have more complete data so that predictions about the 2023 recession are also one of the triggers why the world economy is not good and has an impact on the crypto market, but Bitcoin itself has its own cycle and several years the future will be an opportunity for Bitcoin to repeat its cycle and enter a bullish period

This is why we need to take action while market is not doing well since if we get afraid on current situation then we might not experience the benefits brought up once the market cycle turns good in future. Its just we need to take smart actions since getting panic or worried on some situation will not result to any good outputs to us we also know bitcoin always do well so it good to have counter measure on it once the market collapsed.

If the war is over and it doesn't happen again this year, I think there will be more improvements in the economic sector and those who want to help strengthen the economy like the IMF you mentioned, they will definitely help them if they see the situation is really safe. Because the war was the first trigger that made the economy go bad and also caused all the markets to go down from the better moves.

So the IMF also has to foresee the bad things that are still happening and which can hamper economic growth in this world, because recovery will be difficult to materialize if there are still many bad things that can affect the economic sector. The economy is very important and also very vulnerable to bad influences, because almost everything in this world can be related to the economy.

But I don't expect anything bad to happen this year because last year was all so shocking it's too painful to tell. there is a long drama in 2022 with the rise of the meme coin and its drastic decline. What will happen we don't know but everyone is hoping good things will come. I'm hoping that this is the lowest price of Bitcoin to be able to buy such a large amount and be able to see a staggering bounce back.

We have absolutely no idea how good or bad it will be, we are just making assumptions right now and hoping that we are right but we all know that none of us really "know" what we are talking about and its not going to be that easy solution. It's harder to handle all of this when we are talking about just assumptions and speculation. Sure it could be war and bankrupt companies and all, or it could be sunshine and rainbows.

I believe its going to be quite tough to figure it out but that doesn't mean that we will be able to get ready for something we have no idea about and that will surely cause plenty of people to make wrong assumptions and lose money.

When we do speak nor talk about possible future events then it would be always falling out into that assumption and presumption things which we dont really know if it would really be happening or not.
One things for sure that recession and inflation are things which cant really be avoided nor cant be stopped and this is in fact the reality that we should prepare and faced on.

This is why its sensible that we should make ourselves that sustainable despite of these things happening.You would really make yourself survive on times of hardship
this is why its ideal to have other sources of income and this is the only way on making yourself not worrying too much.

The world may not being doing well, but I think it’s a manufactured sickness. We’re seeing globalism at play here with the powers that be focused on lowering the standard of living in countries like America with high inflation and low wage increases while maintaining hiring at lower standards so that those who want to work are able, but will likely have to contend with a lower standard of living. That is what makes this recession unique to previous ones in my lifetime.

Also when we spent 2022 all that low and filled with drama, it usually means that we are closer to getting better finally, I am expecting it to be a lot better in the long run. I am not saying that 2023 will definitely be a bull year, but there is a bigger chance for it to be a bull year than last year. It could be at least a bit of recovery, like 30k or so, that should be possible.

I know not many people believe that and have doubts about it, but that doesn't mean just because some doesn't believe, it won't happen. As long as there is enough money going in, then it should be a lot better and would be doing well enough to go to 30k eventually.

Being well prepapred and now how to adopt with each situation will allow us to continue dealing with our daily lives, the economy is not doing well and we can't really avoid as it was the after effect of every events that happened from the previous years, we needed to face this reality and we need to work with our survival.

I agree with your statement to have extra sources of income to sustained our needs and to have spare if in case emergency happen to us.

Ups and downs are common in trading platforms. It is important to focus on how to use this time instead of worrying about it. It is normal for cryptocurrency to be bearish where the current world financial situation is down. Big rewards await those who stay positive about crypto during this period. Even if BTC's four-year cycle results in a better future. The world will regain its fullness and all things will be renewed. Now it is only necessary to set a mind through which you can also be a part one of the bullish trend in the future.