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201  Economy / Economics / Re: If the stocks market will crash again like 2008, what will happen to bitcoin on: January 09, 2019, 07:50:34 PM
Whenever the stock market crashes they switch to gold instead as a form of safety. However, there might be a new form of gold in the way of bitcoin. This is going to be the preferred choice, better gains and easier to spend when needed
202  Economy / Economics / Re: Big Bankers Say Cryptocurrencies Do Not Threat The Global Financial Stability on: January 09, 2019, 07:45:54 PM
When pakistan starts to embrace crypto and their economy begins to compete with that of india they will change asap and fire the idiots who decided to block it in the first place. India has a big population, they should allow them to invest however they wish and provide jobs to the local people
203  Economy / Economics / Re: Stock Market Will Have ‘Good Year’ in 2019: Wharton Finance Prof. on: January 09, 2019, 07:40:33 PM
They call rising 5 to 15% a good year Cheesy No wonder people are looking at switching to crypto. They are probably begging for bakkt more than bitcoin hodlers so they can get a chance to put some investor funds into a real market
204  Economy / Economics / Re: Money creation system - is bitcoin creation resistant? on: January 09, 2019, 07:35:30 PM
From the mt gox scam we know that the exchange owners use our funds to invest for their own purposes. Fiat exchanges like coinbase and gemini have enough bitcoins in cold storage and cash that we pay in to cover any major dumps. They must be using any spare for investing
205  Economy / Economics / Re: Very stable BTC dominance on: January 09, 2019, 06:03:16 PM
The dominance level is still very healthy, it allows for growth in the altcoin sector and for a better crypto market these altcoins need space to thrive. These alts offer much more than bitcoin and developers should be encouraged to continue their own blockchain projects
206  Economy / Economics / Re: Low demand for gasoline on: January 09, 2019, 06:01:17 PM
OPEC will increase / decrease production to ensure that the price of gas is continuously high. Bankers aren't bailing out just yet, there is still money to be squeezed out of these sheep. When the stocks start to fail, they will switch to bakkt crypto markets  Wink
207  Economy / Economics / Re: Do you ever wonders why we are using this paper as money? on: January 04, 2019, 09:22:18 PM
When bitcoin becomes mainstream across the globe paper money will be useful as toilet paper. Paper is easy to transport in the analogue world, but now we will be paying using our smartphones with bitcoin wallets via RFID
208  Economy / Economics / Re: Feds raising rates on: January 04, 2019, 09:15:21 PM
Fed raising rates will have a negative impact on everything. However, it is likely to affect the stock markets more. Crypto investors follow the fluctuations in bitcoin mining difficulty and during special events like the halving
209  Economy / Economics / Re: Tesla Stock on a Blockchain allows investors to trade in USA stock market shares on: January 04, 2019, 09:10:42 PM
Sounds like a big deal if they can pull it off. Stock traders are just as bad as crypto traders, they would love to be able to trade 24/7. Crypto doesn't sleep, it doesn't shutdown, this could be a win win situation for everyone
210  Economy / Economics / Re: The Denationalization of Money by Hayek on: January 03, 2019, 08:00:36 PM
Denationalising money is already taking place - in crypto. Gold was a global currency but failed due to logistics, now bitcoin is taking over as the new gold. National money won't be needed if they all adopt bitcoin or create something like the petro
211  Economy / Economics / Re: When the tide goes out on: January 03, 2019, 07:58:11 PM
The bear market also tells you which coins get dumped first, these are the ones that people don't really care about - only a punt with a little hope. Most will hang on to major coins like ripple, Cardano and other top 10 coins.
212  Economy / Economics / Re: Best way to make America bankrupt? on: January 03, 2019, 07:55:43 PM
America is already bankrupt. They are trillions of dollars in debt and have no hope in hell of paying it back. Their only hope is to buy up loads of bitcoin and wait for them them to be worth a few million each. This will at least reduce it to a more manageable size
213  Economy / Economics / Re: Bitcoin need a miracle on: January 02, 2019, 01:26:09 PM
Miracles will happen this year, the BAKKT is almost ready and after that the SEC will have to approve an ETF. The taxman is missing out on so much of these much needed funds, they need to get their act together to get a piece of the pie
214  Economy / Economics / Re: Sick and tired of the cryptocurrency bullshit!!! on: January 02, 2019, 01:21:45 PM
Youtubers are either paid to shill from bounties or they are simply shilling what they have just purchased themselves. They are useful for listening about the latest updates about something you are interested in but the market won't move because of it
215  Economy / Economics / Re: When traditional markets fall, alternative markets fall harder on: January 02, 2019, 01:13:33 PM
Bitcoin has experienced several bear markets including ones that last for over a year. In fact the one we just suffered from and are still suffering from has been for longer than a year. There is a slight correlation between the two so hopefully when the s&p makes a comeback so will bitcoin
216  Economy / Economics / Re: McAfee Says Crypto Mining Malware Increased 4,000% in 2018 on: January 02, 2019, 01:09:58 PM
The malware targeting weak devices is worrying as they won't have any anti-virus protection, also it will have to infect a shed load of devices as they won't be able to mine much with those weak CPUs.
217  Economy / Economics / Re: Predictions 2019: 3 potential triggers for the next Bitcoin bull run on: January 02, 2019, 01:04:50 PM
ETF applications got extended last time which is a good sign that they are taking it seriously. Perhaps they were checking the volatility of the price, which sadly went downhill proving that bitcoin is indeed volatile
218  Economy / Economics / Re: S&P 500 and Stock Markets Worldwide Close Out Worst Year Since 2008 on: January 01, 2019, 11:26:45 PM
Crypto is related to the stock exchange so it's not surprising that bitcoin took a real battering in 2018. However, smart companies will buy up cheap stocks and now bitcoin so a recovery will begin in Q1 2019
219  Economy / Speculation / Re: Former Wall Street Investor: Big Chance Crypto is Best Performing Asset in 2019 on: January 01, 2019, 10:39:52 PM
He is in charge of $12 billion in assets so why doesn't he put his money where his mouth is and buy up all of the bitcoins he can get his hands on. Ask the Mt Gox team for an OTC trade so he can get the highest gains in 2019
220  Economy / Speculation / Re: It's incredibly hard to sell when you are in a profit position, because of greed on: January 01, 2019, 10:18:43 PM
Greed is what brought most people to crypto in the first place! Can't say it's the technology when most people have no idea what the blockchain is about, they think bitcoin is the blockchain. Good thing they have coinbase to help them invest
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