This is quite common sence in fiat-world / fx trading for years now
The race to the bottom
Now, the FED has pumped and started the engines - to finally win
USD will drop to 0, but when will that phase transition (of trust) will go like described in phyiscs ? Second order singularity?
I feel like you imply something interesting here, but, unfortunately, I can't get it. Imo if FED were "issuing" 1 trillion new USD per day, it would take around 3 years until purchasing power of USD would drop by 50%. And still it would be far from being zero. My estimates are based on this fact: There is approximately US $37 trillion in circulation: this includes all the physical money and the money deposited in savings and checking accounts.
Money in the form of investments, derivatives, and cryptocurrencies exceeds $1.2 quadrillion.
But what do you think? Can USD purchasing power drop to zero much earlier? Also, let's imagine it equals zero. What do you mean by the "second order singularity" in that case? Afair a first order singularity is a hard change described by a step function like 1 -> 0 for a given value in time / temperature... but that is some ideal model that doesn't exist in real world, so that smoothes out to a Dirac function that has not a ideal singularity, but sth more realistic. To describe a real point (in time or pressure) temperature of trust in the USD is quite near I bet, and the FED does a lot that the house of cards is overloaded and trust crashes soon as domino bricks |
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Well, Satoshi meant for it to be used a currency just that it's finite supply also makes it suitable as a store of value. Until crypto enthusiasts learn how to hodl and really trust in bitcoin it's feature of being a store of value will never be felt because anytime there is any concern in the market people are going to dump it. Take a look at what's happening right now with the spread of Coronavirus
Hodl and ponzl was the cancer = segwit This is a good reading hxxps://coingeek.com/why-there-is-no-store-of-value-or-digital-gold-in-btc/ FYI, nothing from Coingeek is "good reading" remember, Coingeek is Calvin Ayre, known fraud who's side by side with the CSW fraud. hv, wtf are you a noob? Lol Don't trust, verify. U reading mostly fake news if u don't research own, down to the sources. Coingeek does that quite ok. |
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I hope this article can serve as the final debunking of this ‘threat’ to Bitcoin. Wait, what? BitCoin was always a threat - even to bitcoiners What is anti-fragile ? BitCoin is - > it doesn't like middle men - incl protocol-devs / core communities and social media trolls The original protocol is the strongest DNA its just working fine - with big blocks If some devs wanna change that - some others will lock it down - and scale better |
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This is quite common sence in fiat-world / fx trading for years now
The race to the bottom
Now, the FED has pumped and started the engines - to finally win
USD will drop to 0, but when will that phase transition (of trust) will go like described in phyiscs ? Second order singularity?
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If bitcoin was viewed as an insurance policy or a bet that speculates that the present financial and political mechanisms might shutdown, I reckon this view can be used for bitcoin to be a safe haven.Chart guru and financial analyst Peter Brandt has commented that assets such as gold and Bitcoin should be viewed as catastrophic insurance policies, not as investments.
IMO, precious metals (#GOLD and $BTC) should be viewed as catastrophic insurance policies — not as investments. A premium is paid, hoping the policy is never needed. But if it is needed, the owner is protected against a worst case scenario. https://t.co/JrMhQe0jIF
— Peter Brandt (@PeterLBrandt) March 23, 2020Read in full https://beincrypto.com/bitcoin-should-be-viewed-as-insurance-not-an-investment-trader/... than conclude: That guy is long both af - heavy bags, nice position talk  |
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... there is no way to predict the future - and that is a feature of the universe - not a bug
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Aluhut auf:
Zieht das Plunge-Protection-Team gerade die Aktienkurse wieder über die Trendlinien?
Nee, eher fiat unter. Wer will noch? Es hat genug |
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I'm not very familiar with this game it seems like it was just developed the last year 2019. And I don't really hear a lot about it but I would definitely check it out and hopefully, I could add it in the list of games and cryptocurrency. Looking at the game I don't really like this kind of fight style game which you are just clicking which attack you are going to use just like a pokemon thing but it really does have some potential in it. In my opinion, this is not going to be some kind of popular cryptocurrency game that seems like in the title already where crypto is its main purpose, not gaming but it was just my opinion. Yeah. I think its a good start and shows Bitcoin can do better then all others. They moved over from eth,. Others will follow |
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Ha! A big green one would have been nice  Make it so.  #wereallfuckinghomo #westayallfuckinghomooffice |
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As I said before: The cat is out of the bag, the Charlatan-in-chief has no clothes. We won the war. The truth is out, and it is NOT somewhere in the middle. Resistance is futile. I am sure the paid spammers are out in full force, working overtime, but they have been banned before, they are discredited.Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed. Read this blog starting at page 273 to find out more about computerized fraud. See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog. yeo - paid trolls are the evil - we need better ways, anonymity is mostly evil as well btw. dont trust - verify - do own research |
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There is no spam
There is no anonymous
There is only economics in BitCoin
Miners are there for profit
They ve to work honest - or get removed
Have fun - trolling is so cheap - still
Profit. Big blocks - big profit. This is the long term future. Not short term trolling https://mobile.twitter.com/CalvinAyre/status/1242457151911665669This guy is getting it |
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BSV runs on same fundamentals... Segwit not
 Bitcoin Cash "SV"/Craigcoin was born out of fraud, its leader is a fraud, and it's a fork of a fork. Plus what "fundamentals" are you talking about? Craigcoin/gigamegs-weather-data-on-the-blockchain, if lucky to have Bitcoin's total transaction volume, would slow the BSV network, OR centralize itself towards the miners. It is flawed. BUT OK, we understand. It's a troll to annoy the community because you believe the Core developers are "conspirators". You're like the flat-earthers.  The trolls are all over here - anti-fragile, cause the posts are for free and ppl beleive they can post shit anonymously Metanet / BSV does fix that Get over it - there is nothing more 'decentral' and compliant within BitCoin |
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There is no spam
There is no anonymous
There is only economics in BitCoin
Miners are there for profit
They ve to work honest - or get removed
Have fun - trolling is so cheap - still
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"Anonymity is the shield of cowards." - Craig Wright
"One of Bitcoin's main properties is that participants can be anonymous" - Satoshi Nakamoto ( source) And yet there are still muppets out there that actually believe Craig is Satoshi. Absolutely mind-blowing. There is nothing like anonymous in BitCoin get over it |
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Nothing to see here
Miner mine for long term profits - they optimize
Have fun - BitCoin always worked that way - now we have big companies mining - REGULATED IDUSTRY
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