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July 01, 2024, 03:48:49 AM *
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1141  Economy / Economics / Re: Global debt soars to 356% of GDP on: March 01, 2021, 10:30:31 AM
Tesla is pure innovation.  Fantasies about the future can cost more than real material things.  This is what we observe. 
The new innovations created by Tesla make this company very attractive positioning for investors.  Because with the new technology it is developing, it is one of the reasons for its rising shares.  Same with the actions of the owner buying BTC and being open to new innovations in the currency world, showing that this company is aware of every possibility that exists in the future.  Have a visionary and pioneer thinking.  I think this is quite representative of the increase in Tesla stock.
1142  Economy / Economics / Re: How do you define rich? on: March 01, 2021, 09:23:14 AM
For me to be rich is when you can't calculate how much wealth you have or when you can't know who your friends are or who are your real enemies?  You don't see the price when you buy anything but you will ask when it will reach my house.  The definition of rich sometimes becomes relative.  Because everyone has their own definition.
1143  Economy / Economics / Re: Great reset is done on: February 28, 2021, 03:56:22 PM
but this is going to have huge negative effects during the next years.

I think that this policy has also been considered how its future impacts will be by the government.  The state budget has not been able to solve the economic problems caused by the pandemic, so the easiest solution is for them to print money.  If in the future the production sector continues to balance the money supply I don't think this will be a problem.  The high demand in society, when accompanied by supply, will keep prices stable and inflation that is feared will not occur so big.
1144  Economy / Economics / Re: Mastercard Bitcoin Global Adoption? on: February 28, 2021, 02:18:23 PM
For sure this becomes a centralized again.

If that happens, then Bitcoin loses its uniqueness.  And I'm not sure all BTC investors will continue to invest if BTC becomes centralized.  For me, why do I want to invest in BTC because it is not centralized and it regulates the prices, buyers and sellers.  No third party governs this or should it be.  The more there is control, the BTC will be no different from fiat, which is eroded by inflation.
1145  Economy / Economics / Re: "Looks as if #Bitcoin is eating #Gold". Good idea to buy some Gold now? on: February 28, 2021, 01:20:32 PM
Gold returns are inferior to just about every major asset class- real estate, the stock market, etc.  Gold has returned about 75% since just before the housing crisis while the S&P has returned more than 300%.

Isn't that a natural thing?  Because whatever has a low risk, the return will also be low.  The higher the risk, the higher the resulting return.  I think it's talked about very often here.  Stocks, real estate and Bitcoin carry a much higher level of risk than Gold.  Even though Bitcoin and other investments are able to exceed the price of gold, gold is still believed to be a safe asset.
1146  Bitcoin / Bitcoin Discussion / Re: If most of Bitcoin is owned by few it cannot be a store of wealth for all on: February 28, 2021, 12:29:39 AM
In one way I may agree with you but the other way, I may not, in my own understanding, bitcoin is too expensive for low category of investors to get thereby resulting to low demand by lower tier investors but to celebrities and influencers, also bitcoin transaction takes a lot of time all these while causing mempool congestion thereby making investors moving on to other coins like doge, Tron, for faster transaction with respect to low fee unlike bitcoin, Invariably, bitcoin usability may be for the richer in the future and other coins for the poorer.
In addition, bitcoin is regarded as the first mover advantage over every coins so perfectly, institutions and other companies adopts it because of its trustability more than other smaller coins.

The current price of BTC is indeed so expensive that even a pennant investor will not be able to afford it.  But this is part of BTC's journey over the years.  In the past, BTC was not much interested and until now people have flocked to buy it so that the price is no longer affordable.  BTC will not be able to provide wealth equally but be able to fight inflation created by bankers and economists.
1147  Economy / Economics / Re: "Looks as if #Bitcoin is eating #Gold". Good idea to buy some Gold now? on: February 27, 2021, 01:35:05 PM
young people like us have plenty of time to make up for the setbacks and bitcoin is the perfect place to start a journey.

I see that trend among young people.  Because young people are an attractive market because they are who dare to take risks for big profits and are not like the old man.  Crypto like Bitcoin is the most suitable investment for young people.  Because it is volatile, so it has a high return but a very high risk.
1148  Economy / Economics / Re: Economy after COVID-19 on: February 27, 2021, 12:42:29 PM
The development of vaccines against viruses and diseases has been effective  everything from the common flu to polio. For many around the world vaccines are essential especially for children and the elderly in areas where the risk of infection is high however, any product developed by a for profit company even with essentials like vaccines costs significantly the prevalence of vaccines has decreased and people have learned to deal with the virus without it. Although the vaccine is available in all countries of the world no one is resisting it.

I don't think so. Vaccines are very important today. All vaccines created have provided great benefits for the entire society. Where there is a vaccine that has less prevention, it's just that the virus has been developing so fast. I see that the current covid and vaccines are not yet significant. However, this is a process and we shouldn't underestimate the current state.
1149  Economy / Economics / Re: Institutional investors are buying Bitcoin's future... How do we stop this? on: February 26, 2021, 01:12:45 PM
Maybe we should not worry because it is all speculation.  Whatever their plan, maybe they will not own it for a long time to the point that it is no longer in use.  They will still use that no matter what happens just by integrating their system or platform.  As far as I know, no one can control the market because even if they collect all the Bitcoin it will not stop circulating until it is all mined.

Right now I see that what is more worrying are speculators than investors who buy a lot of coins.  Because the price of BTC dropped there was also the involvement of speculators, and what saved yesterday's price were investors too.  OP may lack detail seeing every aspect.  Speculators who should be aware of their decisions that sometimes panic the market.
1150  Economy / Economics / Re: COIN PRICES CRASHING!!! SELL BITCOIN NOW!!!! on: February 26, 2021, 12:30:41 PM
Bitcoin price is dipping!  Sell into cash now!  When I got up this morning I noticed all coins were starting a dip on Coinmarketcap, so I went to my trading accounts and sold all my Bitcoin into cash.  When the dip bottoms out I will buy back in, but I'm not about to lose my profits I have gained this past month!

SELL NOW!!!  Help the prices crash the PHOQUE out so my gains may be even greater!!!  And yours too, I guess.

Seems like you are new to cryptocurrency. That's what whale wants, for panic investors to sell their Bitcoin so that they can hit their target price to buy BTC cheaper. Just imagine BTC jump to it's recent ATH that fast. The price correction is normal.  Just ride along the market and you might end up with more profits, rather than panic selling.

Unfortunately he does look like a new player.  BTC dropped in less than 24 hours, but many people were so panicked that some of my friends even said that today's hype will never exist again.  And it is proven, currently the price of BTC is stable again.  It's a shame if the OP actually sells its BTC.  Because last moment will never come back again.
1151  Economy / Economics / Re: What are the potential side effects of corporations selling fake crypto? on: February 25, 2021, 02:22:29 PM
By introducing Bitcoin on their platform PayPal showed their respect for the crytpo currency. Millions of their users(PayPal currently has 286 million active users), who would never think of using BTC have changed their minds. Bitcoin is no longer a "speculative bubble" or "financial pyramid" to them, it's a respected currency. After getting accustomed to it on PayPal's platform, they can buy real BTC outside(which I suspect is happening already).

You are correct in your perspective.  Perhaps the bright side of this is the Crypto-related literacy step to Paypal users, but with the inability to withdraw funds.  They may have the ability to sell fake crypto.  Because with that policy, it is possible that this is just like investing money for the benefit of the platform.  While online shopping sites alone have a policy of withdrawing funds, the Paypal classmates did not make this policy.  What's behind their policy? Aren't you suspicious?
1152  Economy / Economics / Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ on: February 25, 2021, 01:31:18 PM
...I thought BTC would be corrected yesterday so that it can be bought at a cheap price.  It was only for a moment.
If MicroStrategy and other institutional Investors continue to buy Bitcoin in thousands like they are doing atm, prolly the price as things stand at the moment could be considered 'cheap' in relation to what the price could be in as many months. I think that's the very reason why MSG and other investors are harnessing every little opportunity that presents itself via corrections in price to acquire more Bitcoins and add to their stash, we could have a somewhat unbelievable BTC price come the end of the year, I think hodl and accumulating more during a correction is absolutely worth it.

Yes, I think it will be like that, if waiting for a deep correction and a relatively affordable price is again impossible.  Yesterday was the perfect moment to buy at a low price.  Because today BTC has touched 51k USD again.  I am even more confused when a major correction occurs whether the current price is really a stable price.
1153  Economy / Economics / Re: Where the correction ? on: February 25, 2021, 12:49:03 PM
But since the price is much stable after the storm happen well we can say right now that it's good to buy now and seems the correction is slightly done for now.

After the storm stops, the sky will be clear, but those words don't always suit Crypto conditions, because the conditions of the crypto market are determined by people's tastes.  When people lose their appetite, prices will fall and will rise again when they become interested in buying it.  However, it will not always be like that especially if you look at the condition of Crypto which is currently not accepted by the whole community so that we are still lucky enough if today the price is stable again.
1154  Economy / Economics / Re: Where the correction ? on: February 24, 2021, 03:18:46 PM
The correction has come, most people have waited for this time to buy for the coins that they want to have at cheaper prices.
I think that today is the day of the whole crypto correction.  
It is no question because you see that there are a lot of bloods in the streets of crypto.

I have the feeling that people who bought above 50k are in panic mode right now, especially those who are new into this market. Correction is really just around the corner and no one can tell you it is coming. And right now, we are experiencing it. But I think, it will not go down hard as the support is very solid. There are so many players and investors already, and they won't just sell their share because of this correction. For those who are waiting for btc to go down, now, is your time to accumulate more before it goes up again.

I don't think the same, btw I also bought it for 52k USD and until now I still hold my BTC. I cut loss on my other coins but it even added to the loss, at this time the price went up again above my selling price yesterday. I'm stupid hahaha. I saw the red day trend yesterday, only pause his breath in crypto before going to the moon again. I can't wait for it to hit its record highs again and hit my profit target.
1155  Economy / Economics / Re: MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’ on: February 24, 2021, 02:17:18 PM
Interesting how MicroStrategy always (or so it seems to me) invests in BTC when a correction occurs - I wonder if there are any behind-the-scenes games, given that Coinbase boasted in the past how they save MS several million dollars? Who knows, maybe Musk and Saylor are working together now - at least the tweets are free to post Wink

It seemed plausible that they were working together on their investment in Crypto.  At a very high price, the microstrategy buys BTC and makes the market go up again.  What's the reason?  the movements of these rich people make me confused as a dime player. The price of BTC during this year has multiplied many times and is going to the moon.  Until I couldn't afford it, huft I thought BTC would be corrected yesterday so that it can be bought at a cheap price.  It was only for a moment.
1156  Economy / Economics / Re: You want to make money with Bitcoin ? Here is a Tip ...Psy... on: February 24, 2021, 12:16:59 PM
Maybe in you this might work but not for everyone.  You're just saying an unfounded opinion.  How can studying psychology make you profitable in crypto.  In fact, the demand and supply on which crypto is based is not only influenced by psychological aspects.  There are many factors, for example if the Bitcoin price is at the top it means that there are more requests than offers, and if that happens for a long time.  How can you make up your mind?
1157  Economy / Economics / Re: Where the correction ? on: February 23, 2021, 01:32:16 PM
well , i guess today will be more worst than yesterday , posibly altcoins drop up to 40% , and ETH maybe going to $1400 and bounce fast like yesterday , and how about BTC ?, seems btc have more resistance than other coins, posibly FOMO on bitcoin make it strong,This can be seen from the number of parties who withdraw bitcoin from the exchange, i guess 45k is a worst price for bitcoin if this still continue.
I think that today is the day of the whole crypto correction.  The decline is more than 10% and this is quite reasonable, from a long time the shoots are finally starting to fall.  My prediction will last a few days until the whales come up with the new issue after buying at a low price and selling the issue in order to raise it again. If the price drops below 45k USD then it is a clear sign of a continuing crash.

1158  Economy / Economics / Re: COIN PRICES CRASHING!!! SELL BITCOIN NOW!!!! on: February 23, 2021, 11:20:51 AM
Today is not the day of the destruction of BTC and crypto, only a correction of how long we have been harvesting.  Isn't this very natural if there is a price correction.  If the price continues to peak without any correction then it becomes an even bigger threat because no one can guarantee what crisis will hit crypto later.  Calm down bro, you look amateurish with your fear.  Correction of 15% is not very normal if you see that you have been harvesting hundreds of percent of profits?
1159  Economy / Economics / Re: Dubai Free Zone Becomes First UAE Government Entity to Accept Bitcoin on: February 22, 2021, 03:20:47 PM
This is very good news because as an Islamic country by legalizing Bitcoin and other cryptos, this can be an example for other Islamic countries. With this legalization, BTC and other Crypto can have a market share for Muslims.  Previously, many Muslims strongly opposed BTC as an investment because prohibited.With one city in an Islamic country that uses it for transactions, in the future a country that has not been able to regulate can make the UAE an example country.  And this can expand the society that receives it.  What's more, the country is a paradise for businessmen, so this will no longer be foreign to conglomerates who stop by in the country.
1160  Economy / Economics / Re: Loans are cheap good time to use loans for Investment in btc on: February 22, 2021, 02:22:18 PM
There are too many risks associated in loans especially when you deal with a currency that is highly volatile in nature.

If he dared to take the risk, why not.  Borrowing money to invest in BTC is not such a bad idea.  It's just a very bold idea.  You borrow 100 $ at 10% interest and plant it in BTC.  The average increase in BTC is more than 10%, and it has provided benefits with free money.  The condition is that you are just brave enough.  And you have a life that is sufficient and not lacking.  Because the worst risk you will lose 100 $ + 10%.  If you are poor, it will worsen your situation.  If not yes that's a not so bad idea.
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