In Other words If the btc becomes zero... Bitcointalk Will be Ethereum talk.... If eth Will reach to 10k... Then eth Will be replaced by I guess bch/ltc/ xrp... Other strong leaders
Lol..
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I see the World is Going to the Way that no Middle men anymore!
Like decentralized banking the New era of living.
Like uber and Even mobile apps where u can hire someone for the Job or u can get job anytime When u Want....
But the question is :
What about Middle - men? If we Don't have banks anymore traditions ways then are the bankers Will be unemployed?
Do you think life without middle men Will be better?
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If ETH Will Take over Will the bitcointalk Will be changed to ETH talk??
well it does?then theres no need to change because for sure in a short time other currency will take over since Bitcoin the highest valued coin fall,what more for ethereum? If That's the Case how the Bitcoin talk Forum admistration will act?
though i am pretty sure it will not happen,but of course the most appropriate will be the action of the admins What Will be new name? 😃
maybe better the new name is polo7talk?since you are the one who thinks it will happen then why not credit it to your name? Good Suggestion
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If btc goes down more then more investors will join in. But not more investors but just Old the same investors with bigger Capital.
But Take a look the FED and eu Central bank... And australian bank they have printed massive ammount of money!
The money must end Up somewhere
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When Price stay too Long stable then You Know it Will drop Down!!
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Bitcoin again collapsed by more than $500. They say that this is due to the fact that the police raided the office of the cryptocurrency exchange Binance in Shanghai. However, the management of the exchange later denied this information and said that they do not even have any office in Shanghai.
Btc Price is big bubble! Btc is Vehicle to Get just money Those who Control btc Price make Good profits! Btc Price comes from Trading prices from Exchangers When the btc controllers Want to sell their coins then They make the Price to go Up. Coz When Something is expensive noone Buy it! If something is cheap enough then Everybody Will Buy it!!... So the 7000-8000 is the best Price to Get suckers in hodlers bag hodlers Thats the Way!
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Parking coin or token for example; paying with p-coin everywhere around the world. So one coin or token for Car parking!
Bitcoin is that coin/token! Why make another coin that has less use? To use btc should be easier! AT this moment all this wallets and so blockchain... It sounds too complex! It Got to be easy like e-mail or online banking then we Can talk about massive adoption. And Second problem is Volatility!!
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Who Want to start making coin or token with me?
2 ideas:
Stable coin (Locked value ; for example: 500$ is always 500$ value coin.)
Parking coin or token for example; paying with p-coin everywhere around the world. So one coin or token for Car parking!
I am currently giving time to learn the blockchain so that to become a perfect developer if I ever started my project. By the way I am commenting here to tell you that stable coin may not give you much benefit because most of the crypto community like the fluctuations in the price to earn the profit while holding or trading. Your second idea is the best and outstanding idea as I also want to have a system with which we will pay via a card with crypto currency at Car Parking. It will bring convenience while parking our cars in any car parking place where that coin will be accepted. Thank You for that! Yes its very unconvient to pay for parking some places You need to send SMS some places u got to buy ticket its no Annoying! But If u could have some one way token or coin wich u hold and u Can pay with that it will make Experience of parking your car much more pleasure experince!
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If all the governments in this world are in debt then where is that money come from?
Who the hell are those banks? How they possible to make so much money and make people to be in debt.
If we reach one stage that all fiat currency value if going to be none then there will be no more new fiat because we already found the decentralized money.
Without debt the Money have no value! The bigger is the debt the bigger is fiat currency value! If Everybody is in debt Everybody will looking for Money to pay debt. But only few will have the Money! Actually money has no value,which was just made of paper but governments promises us it has the value but it will become lesser and lesser when the debt increases so bigger debt is good for banks not for an economy.Exactly if people have debt they will keep working hard to repay it but they doesn't realize the value of money they were making reduces for their every salary period. Fiat currency has value the paper has value When You are in debt to pay debt You need that paper! Without that paper You Can't serve Ur debt! So how Come that this paper has no value?? I Think You are missing here something Fiat currency has biggest value Still!
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Who Want to start making coin or token with me?
2 ideas:
Stable coin (Locked value ; for example: 500$ is always 500$ value coin.)
Parking coin or token for example; paying with p-coin everywhere around the world. So one coin or token for Car parking!
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If all the governments in this world are in debt then where is that money come from?
Who the hell are those banks? How they possible to make so much money and make people to be in debt.
If we reach one stage that all fiat currency value if going to be none then there will be no more new fiat because we already found the decentralized money.
Without debt the Money have no value! The bigger is the debt the bigger is fiat currency value! If Everybody is in debt Everybody will looking for Money to pay debt. But only few will have the Money!
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What the Governments do about that?
Do you think they can just wipe off the debt..
Let's Say people own debt what they cant repay so the government can just restart everything all over again people debts will be just deleted and everything will start again?
What You think what the government will do Around the world?
Are they gona replace the currency with other currency?
They will let the economy to fall Down
They will restart the whole system and nobody have no debts at all.
Governments will forgive each other debts but they will never forgive the debts of the people since the whole point of a fiat currency and fractional reserve banking is to get people indebted so they do not really have any option but to keep working for the rest of their lives, and not only that people have accepted to use their money in a very inefficient way by being indebted all the time, a person that refused to be indebted will enjoy a better quality of life and obviously banks do not want them to know that. Well said! That's true!
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Bankers and elite not interested Money! They will print it anyways as much They Want!
But what they are interested is that, the people working dont ask questions! That's how they make passive income, so they are investing into infrastructures to create and maintain the jobs and workers.
So what their main intetests are is news and media and controlling the workers union.
They dont Care about Finances and wealth... They dont Care about crypto either! Crypto and investing field is just Good to Take funds from crypto stock and all kind of investors and there for to secure their Financial stability to be destroyed and then They have cheap Labour and people who is in debt. And If You are in debt You work with lower wage coz u got no other option so the debt is created just to make sure Good workers never rise Up and working with low wages. But They are not interested about profit they are intetested just that people will Work with low wages and just keep working and Producing.
So That's why is pyrocraty and Everybody needs some licenses and a lot Paper work to destroy small Enterprise'i business sectors.
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Money is money, there is no difference. Cryptocurrency (just like Bitcoin) is money as well and there is no difference. If we should switch from Fiat to cryptocurrency we are still going to face the same thing we are facing and maybe even worse.
Some people think that if the world should start making use of cryptocurrency there will no longer be debts to be paid and everyone in the world will become rich, well that's not true. When the world starts making use of cryptocurrency, your debt that you owe will still be there for you to pay, the only thing that is going to change is that transaction will be fast and transparent, but you won't be protected if it should be anonymous (well I know for sure that it wouldn't ,because the government will regulate it).
Bitcoin is not money! Money is USA dollar and eur. If You Want to get dollar you dont pay some fee to get 10 usd... You just exchange it with other people. To get btc u pay high fee Btc has problems... Its slow and highly volatile! Fiat currency will never disapere, When there is crisis then fiat currency is Even more sacred! At the crisis or Economic turn down fiat currency will have Even more purache power. Bitcoin is classification likely as Property but not Money!
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People who is interested about crypto are all ready in they all ready own btc most of them are hodlers. There will be no more new Capital coz people who are in they are all ready people who is not in they are not like the Person who likes to Think for them selfes! It means they are not with revolutionary mind set, and here is why revolutionares get wacked... When btc will drop all the free thinkers and revolutionary mind set people will lose their funds!
2017 a lot Capital moved into crypto and a lot new people joined with crypto. There was huge demand and hype.
And dark market sellers got rich by year 2017 They sold just the Right time!
But Let's look at now the Dark market vendors Don't Even provide real Services.. Wich means they just scamming and that means the so "called Dark market" Sellers are not after to sell btc with high price coz they got coins for free without providing any real service or products. After all they will become the whales and they are looking the ways to dump coins to somewhere... Here we go here comes the instutional players who will going to sell the coins. The End loser will be the retail customer who will lose His savings.
Other words 2017 youve bought bitcoins from dark market dealers without knowledge. And year 2019 you buy your coins from scammer dark market dealers who dont mind to sell you btc with cheap price like 7000-10000$ coz they got the coins for free anyways.
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Years ago I only had losses!
Now im Even more motivated to trade coz I have lost total few thousend for sure!
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When I trade I learn about one or 3 spefic coins. I learn about the Pattern of those coins.
The top coins moving pretty much the same way like btc.
Now there is maybe usd/btc pair Price swing 2-5% max... If u considering entering point and exit point... 2-5% average volatility not Enough.
I have made Good profits recently with atom and Grin... Once their volatility goes down then I need to pick Up other coins....
The one Good coin was bch sv I made profit at least 15% in 24h with bch sv.
But You Got to learn about coins... And also keep the Eye on whale alerts Before the whales make big moves they tend to cover their tracks Now!
All im saying just learn about some coins spefic coins on spefic time
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So Everybody like to talk about winning and profits.... But traders honestly how much You are losing? Daily weekly Monthly?
Im sure the Beginners lose coz of FOMO.
I was the beginner who always get losses because of FOMO even i've already earned much before, and i was always risk the money that i've earned and ended loss. But that was 2 years ago. Right now my loss is less than my profits in a montly interval ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) My story is pretty much same
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So Everybody like to talk about winning and profits.... But traders honestly how much You are losing? Daily weekly Monthly?
Im sure the Beginners lose coz of FOMO.
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I guess you don't know why people are here? I don't know why you are- but I'm here to learn about bitcoin like mpst other people. Therefore, this place will never be any shitcointalk, it will always be bitcointalk. For your info, the forum has been created by theymos; the inventor of bitcoin, not by any other person.
We are Here for profit and Money
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