|
Monetary Policy needs to have control over the money supply as well as needs to support the economic growth. With the term central digital currency, it means they're are controlled by an authority. Someone please clarify it for me, if we're talking about the decentralized crypto then it'll be difficult for the government to make plans on emergency. Central digital currencies are being developed by the countries itself.
|
|
|
|
|
Myself watched the thread, and I believe it had coincidence for sometime being, only thing I find wrong is the word ever again. Now he might've corrected himself. Everyone knew the growth of bitcoin is unstoppable, so such a word isn't needed.
|
|
|
|
Elon Musk's strategy of moving the market is very strong. I wonder why the crypto market is so affected by Elon Musk. Actually this has a positive and negative side to Elon Musk's chatter. but I think it has created a mass panic in crypto
Rather than panic, now he's the trend setter of the crypto network. Because more people have started to follow Elon Musk. Earlier it was only the traders who have an eye over his statements. Based on what he does will be the market changes, and they try to make some good profit through it. Now common people wait to buy at the dip which happens based on his reactions. |
|
|
|
|
Op has created a good discussion topic. Everyone might've this in their inner mind, because bitcoin at present isn't independent. It highly depend on the fiat and the banking system. Maybe in future if we get access for direct usage of bitcoin, the scenario might change. Right now with the limited acceptance of bitcoin we can't imagine of such scenario.
The countries altogether or the banking firms all around the globe won't restrict the usage of bitcoin and other cryptocurrencies in a day. Also every banking service provider and governments won't take the same decision. So people move to other countries and make use of it. Similar things have already happened with users when the Holdings were supposed to be banned.
|
|
|
|
Great piece of analysis. And we are currently seeing the market rebounding.
Agreed, the analysis is precise. Someone who have followed him and has invested have taken the profit through the market re-bounce. I would actually still Dollar Cost Average into the market, even with the recent bullishness. These prices are low relative to the ATH and there is a high likelihood that come the next halving, these prices will be seen as cheap.
Yes, by the next halving the price goes to be cheap if we're into continued investing based on the dollar cost averaging. Till now the halving events have triggered the price increase, maybe at the time of halving there is no big growth. The support at $30k seems to be robust, and the trend reversal seems well under way. While I do still expect some dips in the short run, dollar cost averaging as a strategy that allows you to ride out these dips and benefit from them through lowering your cost basis.
The market above $30k happened in a short and now it is in the urge to cross $40k. Those who had the choice of dollar cost averaging could've got at a better price. The trend reversal has happened, following this will be the dips. |
|
|
|
. Is it posible that pyr token will reach 6$,8$,10$ or above?
it's possible and why not? The product that owned by vulcan forged is very solid. it's not yet even listed into the major exchange site and kucoin is the only exchange site that is still trading this. I do believe we will see vulcan will be listed into the major exchange site soon. There are more and more players have been joining in the game. this will be the same like axie infinity. Vulcan is only having 50 million as its hardcap supply I heard yesterday that the bounty prizes have just been sent, and we can see that so far, there has been no significant price change, this proves that this project is solid. where previously many stated that bounty hunters were one of the causes of dumping a project. In every project bounty hunters were simply termed as a reason for the dumping of the project. We need to think well about this, because what will be the bounty reward percentage from the total supply. It is just 1% and all won't be selling instantly. YPR is really a good project, unlike the bitcoin price decline there is no big crash in the market and it tries to keep the growth stable and gradual. |
|
|
|
Bitcoin doesn't care about Tesla and Amazon. It stands on its own features. Bitcoin's credentials speak for itself. Those who are drawn into Bitcoin because of its technology will fully embrace it regardless of the opinions of huge companies. However, it is also a fact that many, perhaps majority even, of Bitcoin owners are looking at its equivalent in fiat. As a result, they care so much of who is supporting Bitcoin, which company is accepting it, and so on.
Tesla, Amazon and other large firms weren't cared by bitcoin. Those firms having a secured position in the global market gave it more power. With this the small changes made by this firms relative to cryptocurrency make the common people follow them. This is where everything is connected and it is mentioned as Elon Musk drives the market. Now one doubts the technology, but the manipulation is something that could affect the true meaning potential of bitcoin in the long run. |
|
|
|
am very optimistic that in the coming days of the week bitcoin market is going to make a significant upward movement that will make it price recover back to it all time price of $64k and there after recording a new all time high.
Too early if you expect the Bitcoin price to come back again to $64k. But I don't say it is impossible. You must understand how the crypto price movement, right? After a big increase, there should be a decline to follow. I even predict that the Bitcoin price still has a chance to drop again below $35k before it tries to move above $45k. Just monitor the Bitcoin price in the next few days, it can survive above $40k, it can continue to break $45k. But if it fails, I suspect the price to drop again below $35k for several days or weeks. Maybe thoughts for reaching $64k is an early choice, but the market has turned to stand on the positive side. After reaching a low bottom around $30k now the price has crossed $40k within few days of time once after the successful meet. Upon my opinion if it can break $45k surely it'll continue to breach next barriers of $50k+ within a week. |
|
|
|
To some extent, money guarantees happiness. Should you look into the thoughts of a poor man, you might understand this. I don't think, there is a poor man that could be so satisfied that he or she is poor and would just be about that and be happy with himself or herself. The singular thought that, you've got bills to pay, tuition if you've got kids, mouths to feed in terms of food, mortgage should you have one and keeping the money source you've got amidst looking out for expansion comes at a great cost of annoyance. For a rich or wealthy person, the odds are different, your most likely not to worry over most things and as such, you live a fairly happy life. Hence, it could be said, money has bought you some happiness but, you can only be happy if your stable with what you've got.
Money is part of life,. When money gets prioritised relationships weren't given importance. This is wrong attitude and this is where problem arises. In this fast moving world it is very difficult to live without money, but at the same time one should have the calculated space for everything. Poor people have a satisfied mind if they're able to get the daily bread. Rich one wants to make more and reach next level of living standard which isn't possible without money. |
|
|
|
|
With the capital we have we are free to invest on any of the cryptocurrency available on the market. Particularly Bitcoin being high price, people prefer to invest on low price coins. This is one of the major reason why People keep altcoins. There are altcoins that has given very big return out of the investment in a much shorter time period. It is always a good choice to have multiple assets than everything invested on a single asset.
|
|
|
|
As information from CZ: 1.2 billion dollars BNB is transferred in 1 second, which takes less than 2 cents
On June 26, about $ 1.2 billion Binance Coin (BNB) was transferred in 1.1 seconds, for a fee of only $ 0.015 on Binance Chain, disclosures of this data were published on WhaleAlert , a platform that tracks important transactions. The exact amount of BNB transferred is 32,888,888. As a Twitter user pointed out, 8 is a number unlike anyone in Chinese arithmetic, quoting Wikipedia: "Number 8 is considered a good number that even some 8s are considered is very lucky ".
With such successes do you think BNB will become the All coin king?
BNB will be the king of all coins if they are able to stay in popularity and keep making good progress. so binance users have no complaints like ethereum. Comfort and security are continuously being improved by Binance so nothing is impossible, anything can happen anytime.and currently binance is still the best of all the altcoin markets. Binance Coin is one of the best that has grown in a very short time period. With its separate blockchain it has gained more importance against the ERC 20 platform. Binance Coin being the real-time usage asset backed by the world's leading crypto trading exchange adds more value and popularity. For this growth it has reached a specific position on the table and more people have turned to be active hodlers of BNB. For all this reason we can't state BNB as the king of altcoins. |
|
|
|
|
Mining is profiting, because it gives you regular earning unlike the market fluctuation. With holding it is always good to secure the holdings in all possible ways for a long term benefiting. Mining is high investment process where one can keep hold of the mined coins and make profit out of it.
For large capital investors mining is good whereas for the users with minimum investment ability holding is the right pick.
|
|
|
|
|
Very few early adopters have profited good out of the holdings. Opportunists were the one to profit good out of the bitcoin investment. These are group of people who are much into the learning process and has the mind to take risk. Holding bitcoin is good and the long term profiting is the focus of the faithist.
Opportunists also prioritise investing on new projects. Real-time usage of bitcoin and other cryptocurrencies happen in large scale through the second category of people.
|
|
|
|
|
Bitcointalk Username: Ayiranorea
Current post count: 2446
Merit earned in last 120 days: 0
ETH wallet [Address Must be from MetaMask wallet]: 0xd7f13b6c360BD87d77E8C7D34BC25e7aeF32070e
|
|
|
|
|
A single word Bitcoin getting added to the bio of Elon Musk has made such a big change in the market. This has getting changed to be the big boys game. Elon Musk always try to be the game changer, from program development to the present days technology he has been getting on the top. Maybe we can soon get to see his own cryptocurrency, which will be under big hype without reason.
|
|
|
|
|
Crypto market is something different from the real world market. The market can move in any direction in no time. We need to be ready with alternate plans, so to overcome the market changes and maintain the portfolio. Upon that we've already reached close to $45000, and $50k isn't far away from the ath value reached. There is more than 80% chance of price reaching $50k within 2021.
|
|
|
|
|
It looks like OP has got some amount of litecoin in the wallet, and that's the reason why he's thinking much about the growth. Litecoin has grown good, and there is no sudden drop or growth. Everything happened following the goodness of the market. So, with such cryptocurrencies it is good to take litecoin out of the market at the right time than waiting long.
|
|
|
|
|
I don't know how this helps with overcoming the poverty prevailing around African countries. In my learning in Africa most people whom benefit from bitcoin trading is the rich ones. The middle class will be in a situation to survive, they're able to make money but the family situation won't let them take take strong decisions and go for investing/trading. Apart from this Africans use bitcoin much on exchange of goods as they need to carry lot of currencies while making cross border businesses like importing from East Asian Countries.
|
|
|
|
|
Show Posts
