Latest posts of: ven7net

To be honest, I'm not sure that the United States is still the boss in the world. It looks more like the United States is now in big problems and is just at a fork in the road where it is necessary to choose or retain the power of the dollar or preserve the sector of the real economy. Since it was announced in Geneva that the United States is looking for allies against China, it is likely that the United States chose the second path, namely, to preserve the sector of the relative economy. As for oil, the United States no longer controls it, it lost this battle last year and lost its shale industry. But the truth is that in order to wage a war, you really need a lot of energy, but as we see now, neither the United States nor China has enough energy, for that Russia has it, which means that there will not be any real war, in any case in the next 5 - 10 years, and then we will see.

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Quote from: JohnyBitcoin on May 18, 2021, 02:21:34 AM

Just want to put this out there. What is the problem with crypto mining and energy consumption? Yes, I know you'll raise environment concerns, I get it.

However, consider this: a civilisation is measured by its energy consumption. Before we discovered fire and used any stone tools, the only energy we had was whatever our bodies produced. Then we discovered fire, made tools, invented the wheel, etc. Until now, when we use computers, robots and other machines to help us live. Our life expectancy and quality of life has increased dramatically.

Shouldn't we concentrate our efforts on using clean renewable energy, rather than restrict our use of it?

Frankly, if there is a problem with too much energy consumption, we should go back and live in caves, and hunt in groups.

I don't think we need to go back to live in caves to stop using energy for our own purposes. Why don't you consider the option that we are simply deceived and forced to buy something that is very profitable for someone? I am not saying that green energy is bad, on the contrary it is very good, but getting this energy at this stage of development is an expensive pleasure. Moreover, these technologies existed before, but they were simply not used as large players earned money on other sources of energy. Now, too, nothing has changed much, if it is profitable to make money on coal, then they will extract coal, who does not have coal, oil, gas and even wood, then of course they will try to use alternative sources of energy, while it simply may not be enough for industry and heavy production. Cryptocurrencies also consume energy, but not on the same scale as we can. All this, as I said above, is a game of big players, and everyone tries to defend their interests.

Unfortunately, this is so and I do not see anything surprising in this, because it was clear even before the Democrats came to power in the United States. Everything is aimed at making the rich even richer at the expense of the middle class and manipulation in the market. But I don’t think that it will be so in the future, probably in the litter of the future this should radically change. But in the meantime, people will again observe financial injustice.

Quote from: cryptoboss2020 on May 09, 2021, 08:45:50 PM

Why people still buy stocks?
If with crypto much bigger profits *
3% daily gain is nothing If you can get 100% profit with Good coins pump.
How the Hell people Even get rich with stocks with so small profits?

I believe that many people who invest in stocks simply do not believe in cryptocurrencies and consider them to be a high-risk asset. I have a friend who has not invested in cryptocurrencies because he believes that this is all a hoax and he cannot make money on them. But somehow he nevertheless decided to invest in one cryptocurrency and lost money since it was the cryptocurrency of one project, whose aldmins simply disappeared with the investors' money. This was his first and immediately unsuccessful experience and after that he decided to invest in stocks. I haven’t seen him for a long time and I don’t know how he is doing, but this is one of the cases in which very often beginners get burned by investing in cryptocurrency. I know that he just chose the wrong project with the wrong cryptocurrency, but that happened and now he will definitely no longer invest in cryptocurrencies. Here's a sad story.

Quote from: Roy Asher on June 16, 2021, 02:19:27 AM

The macroeconomic state in which asset value surpasses the real economy and easily loses the ability for sustainable development is the bubble economy. The bubble economy is often supported by a lot of speculation, and its essence is greed. To put it simply, in a loose monetary environment, asset prices deviated from the fundamentals, and then soared and plummeted. The bubble economy has repeatedly appeared in human history, such as the tulip mania in the Netherlands. Even now, many people think that the US stock market, Chinese real estate, and Bitcoin are the three major financial and economic bubbles. What do you think, do you think Bitcoin will become the biggest bubble economy in history?

In order for Bitcoin to become the main financial bubble, it needs to absorb all the funds of the US stock market at least, and possibly the funds of other stock markets in the world. But at the moment this is not happening and it all depends primarily on those countries who influence or, say, control Bitcoin. Perhaps there is such a goal, I mean for Bitcoin to absorb the funds of the US stock market and become a large bubble, but so far this whole process is slow and it will probably take another four year cycle for the crypto market to achieve this goal.

Quote from: udayantha11 on June 15, 2021, 02:24:13 PM

I personally believe that there will be another btc bull run and alt run before 2021 ends. what you guys think about it?

btc to 80000 or 120000 USD

I am also of the opinion that there should be another major growth in cryptocurrencies at the end of 2021. As for the price of BTC, I cannot say what it will be, but it is possible that it may show a tenfold increase from the current price. Yes, this is insanely large, but you must understand that this will be a very rapid and rapid growth, and the main thing will be to fix the profit in time.

Quote from: sherryDEFI on May 29, 2021, 02:38:24 AM

It has to be said. Its common sense. There are thousands of coins. Scamcoin, losercoin, Shiba coin. All real coins btw.

Yes there will be a couple coins that are very valuable in a couple years but the vast majority of them will be worthless.

Only coins that do things will be valuable. Coins that you have that are just there to hopefully go up on value so you can profit will be worthless.

Its like the dot com boom. You are betting on websites. Which website is going to get the most visitors. Most died.

I think you are right. Many coins will really fail and lose their value. This is due to a number of factors. For example, some of the coins are simply useless and will be quickly thrown away after the creators receive any real assets. Another factor is insufficient funding or launch problems. This is another part of the coins, which seem to be promising, but due to the lack of professionalism of the team and lack of funding, they can simply leave the market. Well, the third factor is that new, more attractive coins with practical application and excellent financing appear on the market, they are crowding out another part of the coins. The strongest wins in this.

Quote from: Fantomaz on June 12, 2021, 06:12:27 PM

Time has shown which coin will be proven as a true crypto currency and it turned out to be BitCoin, not ShitCoin Cheesy

As a capped asset and store of value, Bitcoin is a very promising store of value for everyone.

More and more people will buy it and exchange ShitCoins to BitCoins. Cheesy

You are right, Bitcoin would indeed be the chosen one, but it should also be noted that no one said that shitcoin would be ahead. This can be seen from the structure of all cryptocurrencies, where BTC comes first, then Ethereum and other altcoins, and of course, then different shitcoins. At the same time, all altcoins and shitcoins are needed for life and the growth of the price of BTC, this is all that feeds Bitcoin. So Bitcoin always has and will have an advantage.

I think it looks more like a good correction, after which there will be strength for the main growth. When it comes to trends, trends usually need to be viewed over a long period of time, and this chart may just be part of a bull market. But if we consider this graph in the short term, then there was probably a fall and now it has stopped and large players are making purchases.

Quote from: Shikha99 on May 19, 2021, 03:21:22 PM

Hi friends, from the title i said be prepared for the big dump of the market and why im saying that ? because first, we all know that all altcoins without any exceptions are affected by bitcoin price, and i will tell you to open trading view, go to bitcoin chart and choose the monthly chart and you will see something will freak the hell of you, a big tall candles without any red candles and all indicators are showing an overbought sign so i believe we will see a very big dump soon..

what do you think?

I believe that you are right about the fact that there will be a big collapse in prices in the crypto market, but the only question is when. Considering that the crypto market is cyclical, we are now at the end of another cycle. This makes us understand that it was at the end of each cycle that cryptocurrencies showed great growth and their prices reached new heights, but after that there was a big collapse. Based on this, there may probably be another dump at the end of summer, but after at the end of 2021 we should see the final phase of this growth and after it there should be a significant collapse. I mean it, but how it will actually be I think we will soon find out everything.