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I hope that it will have a positive impact on the crypto currency, and it will not even destroy the crypto currency already, hopefully if the plan is reached, public trust can increase against the crypto currency, another question that is my question is whether the government will support this if later the plan has been realized?
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the problem of scam or not I think it has nothing to do with whether it is banknotes or crypto currencies, which become a valuable object to be a medium of exchange is people's trust in the object, so trust is the most important thing in determining an object to be a medium of exchange legitimate or just a scam
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the low price of bitcoin now has two inseparable sides, first this is a good opportunity to collect as much bitcoin as possible so that when the price of bitcoin rises we will get many benefits, the second side is the trigger for bitcoin owners to do this panic selling triggering prices to fall deeper, from both sides can make a new trend whether it rises or falls depending on which side is stronger
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I think the greening of the market this time is the first wave that will form an uptrend pattern, don't be discouraged if you don't get the lowest price this time, because there will also be a subsequent correction before the price skyrocketed, there you can get a lot of profits, according to My analysis of the uptrend starting to form now can be seen if we make a support and resistance line, the first resistance point has been broken and formed a correction to penetrate the next resistance
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in my opinion, if so, the government of Canada would be difficult if the purchase of marijuana did not use physical money / bank transactions, this might be because the Canadian government wanted to control the use of marijuana in the country so that it was not misused. traded and for what purpose marijuana is used
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I think what the state government has done is a smart and courageous step because all this time I have just heard that there are countries that can take a stand against crypto currencies, and that will have a good impact on the development of crypto currencies because the most important thing in this business is strong trust from investors with the regulation of the government will automatically increase investor confidence in crypto currencies
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if the question arises what economic benefits are generated from bitcoin? then the answer is the same as other investment commodities such as gold, stocks and others that distinguish it only from the side of the form that is virtuous (non-physical) and the price movement is very significant both rising or falling, maybe that is the reason the government banned bitcoin, too risky if we cannot take advantage of the best opportunities
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simple, they are motivated to see other people who build a crypto currency business and get a lot of benefits, and it is actually not a difficult thing to build this business because in a script technique to make crypto sources it is open source where anyone can modify and create new variants what is difficult in this business is building trust from investors
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What kind of capitalism is it when the markets depend on the FED?
It doesn't matter if 300 million Americans and billions of Asians work today or not.
It doesn't matter if a meteorite falls on Earth right now.
All that matters is whether the FED will print more FED-money to pump the markets or not!!!
All that you do, all your work, all the world's production is worthless because the FED/BCE/BOJ can simply print more money.
Everyone must work more and more to sustain a system that is absolutely unreal and illogical.
Everything we do, every single thing of value that is produced is subject to the valuation of a token that the FED prints at will. An inventor spends decades researching, files a patent, sells his patent for 100k dollars. The FED simply prints a trillion U$. That's the proportion we have right now.
For how long will The People of the world continue to accept this system?
it means that in my superficial opinion market price movements are determined by market participants of 1% and the remainder is driven by certain institutions or groups that do have great power in driving prices, and the world community must inevitably accept all those things, there will be no powerless against giants. Is my opinion not too vulgar or offensive to one party? |
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if you talk about risk then there is also definitely an opportunity created from that risk and I think the risk in bitcoin is balanced with the benefits that are generated if you really can take advantage of the best possible opportunities then you will get maximum profit, and dealing with bitcoin is not a risk if you can take advantage of the best opportunities
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in my opinion this is just plain news, because this news has often emerged from several media not the first time there are countries that make crypto currency banks and the impact is not too significant on the price of crypto currencies, but that is a good thing slowly but surely many countries will legalize crypto currencies and create crypto banks respectively
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Blockchain technology is very popular now that in this technology all transactions cannot be engineered and are not centralized in one place, this means it is very suitable to be applied in almost all industrial fields such as banking, education, and even health, the government should develop this technology so that all government activities can documented safely and transparently
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I agree with regard to the Chinese government, the positive thing is that everyone can still make transactions in accordance with the money they have (physical or non-physical) this will make transactions easier, because not everyone has money in the virtual form or vice versa, because of its development current financial technology is not evenly distributed which will adversely affect the usefulness of the physical currency
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now is the right time to buy large amounts of bitcoin at low prices, of course this will make you get the maximum profit because indirectly when you buy in large amounts of food it will trigger the price to move up this price increase will make a lot people also buy because they also want to make a profit, so take advantage of the best opportunities to get maximum profits
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most of it occurs because of our own behavior as market participants, we do not realize that the buying and selling activities that we do affect the supply and demand balance where supply and demand are triggers for rising or falling prices of a commodity, and when prices fall correction then this will make some people panic and sell their assets directly this will make the price experience a deeper correction again and of course this will again invite someone to sell panic and the price will fall even deeper, that's the irony of the domino effect of selling panic
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of course the blockchain-based startup business is currently growing so fast we can see a lot of ICOs that always appear new ICO every day, the company has varied products and services of course they always claim that the products they make are the first blockchain-based products, can we admit that blockhain is currently expanding the business world
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I also hope that history will repeat itself as well, indeed when we see a graph of the development of bitcoin prices from the beginning he was born, it always experiences a certain period of crashes and then skyrocketed a few years later after the crash, I also believe that the price movement of a commodity always forms a pattern and always repeats even though the time when it recurs can not be predicted with certainty, but it certainly happens
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many people feel trapped in buying bitcoin at a price that is quite expensive, they don't know that bitcoin will experience extreme price declines, many new investors hope that bitcoin will recover in the near future, but i think they must have extra patience to wait recovering in the next few years, but it is also very unfortunate that there are also many investors who surrender to the situation they sell their assets for fear of greater losses, which in fact only makes prices fall deeper
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if the blockchain system has been integrated with each other in my opinion it will indirectly increase public confidence in this system because the government has taken part here to ensure the privacy and security of the accounts of investors and all blockchain users, but here I also know that to do this takes time not a little and a lot of effort, considering the paradigm of blockchain and crypto currency is still dominated by negative rumors
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I will not use it because what I know is that a currency is a legitimate transaction tool issued and regulated by the government if there is a currency that is not regulated by the government so it cannot be said as currency but it is only a medium of exchange, and I will not use it because it was worried that it would be problematic with some parties because the value of the transaction was not regulated by the government
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