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2861  Economy / Economics / Re: Do you use cryptocurrencies in your daily life? Are they useful? on: December 26, 2019, 07:16:53 AM
My answer is no at this point in time. The current reality does not involve everyday use. Let's hope that there will be changes for the better.
2862  Economy / Economics / Re: Why Are Women Slowly Leaning On To Crypto Trade? on: November 28, 2019, 07:23:27 PM
Just women have other priorities and stock trading is not among the priorities Wink This area of activity involves a lot of risk and modern gender roles refer it more to men. I am not a supporter of forcible planting of anything and let everything develop naturally.
2863  Bitcoin / Bitcoin Discussion / Re: Why Satoshi hides his identity? on: November 28, 2019, 06:49:57 PM
Maybe just not the time but the long-awaited hour is at hand Wink One of the most likely reasons may be a dislike of excessive publicity. Someone like Elon Musk or the late Steve jobs use their popularity to promote and manage their projects and someone throws a seed into the ground and watches on the sidelines for the result.
2864  Economy / Economics / Re: Does halving really create deflation? on: November 28, 2019, 06:33:35 PM
Deflation is a decrease of price of services and goods. In economics deflation usually occurs when the supply is too high that it cannot fulfill the demand. Deflation is a wrong context in halving, bitcoin has its own limited supply. It was designed by Satoshi to keep bitcoin inflation in check. Imagine if bitcoin is infinite and it is regularly created it would make definitely bitcoin to decrease its value since there are too many bitcoin in circulation. Halving was designed to keep bitcoin inflation under control. Since the supply decreases the demand increases, and so the inflation exist.
I absolutely agree because while new coins are being created it is more correct to talk about inflation. The actual deflation will be possible to speak at the termination of creation of new coins and their receipt on the market. Therefore, halving by itself does not automatically mean deflation.
2865  Bitcoin / Bitcoin Discussion / Re: Does cryptocurrency mining produce more pollution? on: November 26, 2019, 08:57:51 PM
Is the carbon footprint of these mining operations large enough to make a large impact on the world or it doesn’t really cause a lot of pollution in the long run.
What do you guys think and are there any greener solutions for mining cryptocurrencies?
I think it won't cause much damage on long run because green clean energy solutions are even more common and powerful nowadays. There is solar, wind, hydro energy sources and many investiments going on these concepts, like Tesla business, which is making a big success with solar energy production and development.
We shouldn't fear the usage of technology thinking it is harming the planet or something like this, otherwise we wouldn't be on the current technological developed level we are today. Pollution is a consequence of this technological improvement, until we achieve the perfection we need to accept the *collateral effects*.
The most important thing is that the *collateral effects* do not bury modern civilization under them. The entire current struggle for green energy and technology often degenerates into a shift from environmentally and economically prosperous countries to poor countries that cannot afford such luxuries. But the earth is one and it will surely boomerang back.
And if you dig deep, you can find harm in green technologies - hydroelectric power plants, for example, destroy the ecosystem downstream.
2866  Economy / Economics / Re: Does China Control Bitcoin? on: November 26, 2019, 08:34:09 PM
We can say that China is a big country and that a fact, but we cannot say that china controls bitcoin because as far as I know the usage of cryptocurrency in china is regulated maybe there are some news that they are adopting cryptocurrency and creating their own bitcoin but as of now it is not happening. If that's gonna happen, it is actually good for the cryptocurrency community because I think the more people will know about it, the more possibility that there are investors coming to support and make a profit by investing their money.
I believe that influencing and controlling are slightly different things. It is also possible to talk about control on its territory through regulation and the issuance of bylaws but it is premature to talk about global control although a persistent struggle may unfold in the near future. The question is whether the Chinese comrades need it Wink
2867  Economy / Economics / Re: Is IBM is on path to bring blockchain to the masses? on: November 26, 2019, 08:19:31 PM
I may be wrong but there is a strong impression from the latest news that IBM was more concerned with merging with Red Hat and promoting MacBooks among its employees than promoting blockchain technology to the masses Wink When the topic was fashionable then any company shouting about their developments in this area, but now other topics for their own advertising.
2868  Economy / Economics / Re: You want to get rich, don’t pay taxes, don’t get married, don’t use bank, and... on: November 26, 2019, 08:12:46 PM
Marriage does not stop you from being rich
On the contrary, a successful marriage can contribute to the emergence of their own wealth or the unification of the capitals of two different families. It is no secret that 90 percent of today's rich people have inherited their current business and capital. Тhe principle of being born at the right time and in the right place so no one canceled.
2869  Economy / Economics / Re: Fiat Money is a Bubble on: November 26, 2019, 07:37:58 PM
The gold standard is a solution to the problems of inflating bubbles in fiat money. This is the best solution when the economy of any country lies in ruins. But then it begins to interfere with the development of the economy so at the moment this model is not popular. But Central banks ' games with the inflation model are once again causing the specter of the gold standard to walk the world Wink
2870  Economy / Economics / Re: Big Bankers Say Cryptocurrencies Do Not Threat The Global Financial Stability on: November 21, 2019, 12:49:44 AM
Global financial stability is more disturbed by completely different factors. The ghost of a new global financial crisis has long been wandering around the world, and vice versa, bitcoin can serve as anchor in a future raging storm. And do not forget about the traditional defensive asset like gold.
2871  Economy / Economics / Re: Does China Control Bitcoin? on: November 21, 2019, 12:36:47 AM
This question does not have a clear answer. The United States and China, as the largest economic powers, have their own levers of influence, but we should definitely not talk about control. I personally am not sure that China is intentionally trying to control bitcoin. I personally am not sure that China is deliberately trying to control the bitcoin, but will not completely abandon the leverage.
2872  Bitcoin / Bitcoin Discussion / Re: Do you think that governments might one day ban Cryptos? on: November 21, 2019, 12:25:58 AM
Governments with their executive system can do this fairly quickly. But I think that this is just such a case when it is more convenient and easier to lead the process than to conduct an implacable struggle with this process. Or as an option to keep all this in limbo by observing how governments of other countries regulate similar issues.
2873  Bitcoin / Bitcoin Discussion / Re: Bitcoin isn't just an investment, it is the future on: November 21, 2019, 12:15:55 AM
Facebook's libra is an altcoin and also depends on bitcoin and it's investors. I don't think it will really affect the bitcoin's market price. Even the bitcoin is vulnerable, no one can surpass it even the other assets reach its peak. I really hoping that bitcoin will stay more longer because it's the future for everyone.
The libra looks unnecessarily centralized and raises a lot of questions for regulatory organizations because of facebook as a parent company. Facebook, due to its huge size, causes concern in many states. Therefore, the prospects for libra are not so bright. No wonder Facebook has so far limited itself to only internal payments on its social network.
2874  Bitcoin / Bitcoin Discussion / Re: Millennials Increasingly Prefer Bitcoin to Gold or Real Estate on: November 21, 2019, 12:05:17 AM
It would be strange if it were different. Each generation has its own preferences and millennials as the most modern generation calmly use modern technology. Operations with gold and real estate are quite laborious and require additional actions, unlike operations with bitcoin requiring only a computer or smartphone and web.
2875  Economy / Economics / Re: Should bitcoin reach more than $ 1500 and what will it impact on the market? on: May 02, 2017, 04:34:04 AM
A positive impact will in any case, another issue is that this positivity can be delayed in time.
2876  Economy / Economics / Re: Big Crash coming on: March 07, 2017, 07:18:45 AM
I think that there will a decline in price but it would be as bad as you suggest. BTC might get baco to high 900's or close to 1000$'s but I am not convinced that it could be any worse than that.
The declining of the price will always there, but I might be not believed If that price will get a biggest bearish after the negative news about the ETF approval by us securities. but $1000 is the maximum downward for bitcoin. No matter what the decimal although the price still above $1000.
On the one hand it seems $ 1000 is a significant cost but for some reason it seems that the fall will not stop at this level and go below at least a short-term.
2877  Economy / Economics / Re: Future of Bitcoin Economics on: March 07, 2017, 07:10:13 AM
The truth is its really hard to predict of whats in the future of bitcoin. It depends on the adoption and demands of bitcoin in the future. But, as far as I know it will be a good future really awaits in bitcoin.
It may hard to predict the future of bitcoin economics. But we can see and its obvious that this coin does really have a very good economy. We saw on how did it grow up and its price did increase rapidly. So I can say the future of bitcoin economics does have a big potential to be one of the most popular and best economy.
Good prospects don't deny a lot of trouble in the future so with all the development we can't say for sure what will happen tomorrow or next week. Нere we move from sadness to unbridled optimism and back again.
2878  Economy / Economics / Re: Tell me your predictions about Bitcoin on: January 09, 2017, 11:09:57 PM
The biggest threat will come from authoritarian rule and also from the community Bitcoin itself, but more people will adapt to Bitcoin.
I think any problems will occur on bitcoin, whether it comes from within or from the outside as a competitor and so forth, if the user continues to believe using bitcoin, then the future of bitcoin will be maintained
Here I would like to add that a lot still depends on the number of those who believe if their will be very few prospects are not as rosy.
2879  Economy / Economics / Re: Best way for steady income on: January 09, 2017, 11:05:33 PM
the best way of steady income would be to buy a flat in the center of New York or London or Moscow and give it for rent.
I think that it will provide a nice passive income, because it is not every time your flyer on lease by someone. He would not give a fixed income but it will give a nice passive income
Here there is such a thing as the entry threshold and I would not say that this threshold is very low.
2880  Economy / Speculation / Re: I will not Die Untill Bitcoin will reach at Least 50K on: December 18, 2016, 08:39:32 PM
Bitcoin might reach very high prices but 50K buddy you must be dreaming , we have seen bitcoin rising to the price of 800$ in 6 years and with it being harder to mine and being used by more and more people around the world makes it go up in price more and more until eventually no machine can be used to mine bitcoin and then it will very rare for someone to have it and its price will go up even more.
Well, the price has been bigger than the current and no one can give absolute guarantees that the price won't crash back in the beginning of next year and then rise to the current values and at the end of the year all the analysts will be happy to talk about the rise.
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