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661  Economy / Speculation / Re: How low will Bitcoin go? on: July 23, 2021, 11:42:32 AM
I think $27K is the final destination.  Maybe no one knows how much the price of bitcoin will go down, but 27k USD is the bottom, andthe price will  not be less than that.
Too early to say that in my opinion, there's still about 6 months or so left in the year and it could go much lower but given that there's more positive news floating around regarding cryptocurrency market this month, I feel like @usernameyaya might be right that it's the final floor for the market prices this year.
662  Economy / Speculation / Re: the next checkpoint $13,800 on: July 23, 2021, 09:11:55 AM
HFSP

We are not going anywhere near $13,800 ever again.
I hope that we won't touch that point again but if it does, I will be happy to embrace the fact that we will get there again, I mean that's a better buying opportunity than 20k right?
663  Economy / Economics / Re: knowledge and Capital which is Very important in Business or Investment? on: July 23, 2021, 08:34:38 AM
Yeah, you don't say. Of course OP it's obvious that knowledge and capital is important, you can't do anything if you don't have both, I mean if you don't know a thing or two about the business then how will you be able to manage the business? Same with capital although it's not as important since you can start with small capital.
664  Economy / Speculation / Re: Crypto Winter Is Coming, Warns Experts on: July 23, 2021, 07:50:28 AM
We must be in the crypto winter right now. I've no other explanation for this situation. After the big dump, the market is just stuck here. And it won't break free soon unless something big happens. Or maybe thanks to the volatility, it will start recovering really huge.
Think of this period as a good thing because it gives you the opportunity to buy at the current price and you know what they say, you will never know if we will ever touch this price point again because the prices will be on winter in 6 figures in the future.
665  Economy / Speculation / Re: About time it crashed on: July 23, 2021, 07:09:03 AM
We saw Bitcoin the second time that its price went down below $30k. But it didn't stay there too long. Maybe Musk - Dorsey meeting was affective on this rise, I don't know. And I hope that it continues. Otherwise it will bump into a new resistance and start going down again.
If it's effective then the meeting should've made more than just make the prices go back up to 30k USD, it should've made the prices go up a little higher if it really was effective but it seems that people are starting to think critically about making decisions based on personalities.
666  Economy / Economics / Re: Why do most cryptocurrencies rise and fall together? on: July 23, 2021, 06:34:28 AM
I think Bitcoin can be understood as a confidence index for virtual currencies. Just like now, as soon as negative news comes out, it is easy to collectively decline, which is almost synchronous, but there are individual declines that are different.
Well, that's what happens when people creates an imaginary umbrella that doesn't have anything to do but make a chain reaction, I mean these crypto are different but the problem is people always make it look like they follow bitcoin so the lie becomes the truth which shouldn't have happened.
667  Economy / Economics / Re: Central Bank of Nigeria to launch digital currency Oct 1, 2021. on: July 23, 2021, 05:56:08 AM
Indeed, that is quite fast! We will see how things will pan out here once they deploy their very own CBDC. Interested on the sentiments coming from their own citizens. Because once people are getting acquainted with the use of CBDC, the likelihood of going into crypto - btc and other alts, is very high. As they will learn the nature of CBDCs and crypto, their differences and the benefits, some may eventually go to crypto because of so many advantages.
The sentiment will be good trust me, these government backed CBDC will have the best propaganda to have when they are finally introduced to the public. Plus, I worry that when countries create their own crypto that they will ban the other existing ones to eliminate the competition.
668  Other / Archival / Re: El Salvadorans are not happy about accepting bitcoin as a means of payment on: July 23, 2021, 05:19:36 AM
Time will come and they will accept, people in every will be like that as time goes by. Also, their arguments are pretty stupid and a bit repetitive because I think I have heard some of them already in the past plus don't they like that 30 dollars worth of free bitcoin, that's a lot of money in my opinion.
669  Economy / Economics / Re: Will the popularity of cryptocurrency continue? on: July 22, 2021, 04:05:42 PM
~

It will became more popular since we can really see that cryptocurrencies are well notice now by mainstream media's so expect that it will  reach  to the knowledge of the person who really don't know anything about it and in terms of possible earning money it will create more curiosity that's why we see the number of newbies are increasing month by month or maybe  we can say daily. And eventhough the market is down these days for sure many will climb up unto this since this is the perfect time to buy crypto and to begin with.
Well, it's noticed but the problem is that it's for the negatives so I don't think that we are on the right track when it comes to this kind of thing. I think that the only way we can be accepted in the mainstream is if people are always being educated when it comes to cryptocurrencies, let them know about crypto, that's the only way to cure ignorance.
670  Economy / Economics / Re: On Cuba and economy on: July 22, 2021, 03:29:27 PM
~
probably the first time someone has mentioned this in a topic about Cuba's political/economic affairs. You're onto something my friend        /s
It's a no brainer solution and many esteemed people in the political and economic circles thinks about this, I have learned of this idea because I watched a video where the taxi drivers in Cuba gets paid more than the doctors because taxi drivers are one of the few allowed businesses that isn't controlled by the state.
671  Economy / Economics / Re: What event could trigger new bull run and ATHs? on: July 22, 2021, 02:56:28 PM
Probably a big purchase and endorsement of a big company could probably trigger the prices to increase. I think that's by far the biggest one that can happen so I don't necessarily think that it would be anything fancy.
672  Economy / Economics / Re: EU wants to ban crypto anonymous transactions and wallets on: July 22, 2021, 02:14:15 PM
Why would they worry about this one though, have a better intelligence network if you want to stop this terrorists, don't do some regulatory shit that doesn't benefit anyone but the people in power. Train your staffs and pawns to be more smarter and have an integrity if you want to infiltrate these rings of crime.
673  Economy / Economics / Re: On Cuba and economy on: July 22, 2021, 01:39:56 PM
The real solution here is to open Cuba to businesses and make those businesses hire people and have the regime removed of their reins in the country and be replaced by a democratically elected leader and it needs to be that the military has to go against the regime so no bloodshed happens while a transition happens.
674  Economy / Speculation / Re: BTC has fallen below 30,000. Is there still room for appreciation in the future on: July 22, 2021, 12:25:16 PM
Yes there's still room, it's not like it's the end of the world for bitcoin market when it goes under 30k, life goes on and it's the same for bitcoin market too. It's much better that it goes under 30k in my opinion because it makes for an opportunity for other people to get in the market for a really low price.
675  Economy / Speculation / Re: TESLA will re-accept bitcoin & SpaceX owns BTC, said Elon Musk. Ready for pump ? on: July 22, 2021, 09:40:41 AM
Well, get ready your bitcoins boys and girls because there will definitely be a pump happening and I don't think that anyone wants to miss the opportunity to make money out of it because that's an opportunity that might arrive again for a really long time.
676  Economy / Speculation / Re: Will bitcoin go down below $20,000. on: July 22, 2021, 08:53:12 AM
God I hope that it does go down below 20k because I really want to buy a lot of it because I have a big payput incoming and I don't want that money to stagnate.
677  Economy / Economics / Re: Are Renewable Energy resources the future? on: July 22, 2021, 08:13:40 AM
~
before it is widely used, of course the new invention must be more profitable and less negative effects. indeed, solar panels can be an alternative source of energy, and of course this is a technological development that is more environmentally friendly. and I think that with continued research, other energy resources will emerge which will be more effective and efficient in the future

There's no need to fully develop another iteration of solar panels, what it needs to do is to make it more commercial because it's still expensive as it was first released to the public, and we don't need to just focus on these things, we need storage for energy because most energy that is harvested is either wasted or dissipates over time because there's no proper storage for it.
678  Economy / Economics / Re: Cryptocurrency is the biggest investment opportunity in the future on: July 21, 2021, 05:34:01 PM
Not the future but the present until it gets to a million dollars per coin and we are far from arriving at that point. I think it's not an opportunity for the future, it's more of an opportunity for changing your future.
679  Economy / Economics / Re: End Game? on: July 21, 2021, 04:45:28 PM
I don't know exactly what's my end game in all of this but one thing that I am sure about is that I make the most out of all this while it lasts and everything, that's the beauty of being on crypto, you are racing against an event that is a Schrödinger's cat, it may happen or may not happen.
680  Economy / Economics / Re: Very interesting ban on mining gear. Actually a pc from Dell on: July 21, 2021, 04:11:28 PM
Those six communist-like states are probably the worst places to live in United States and things are going to get even worse in near future.
They are soon going to start banning people for breathing air, drinking water, driving cars, and mining Bitcoin, unless you show them some bogus certificate on your phone and pay them more extra taxes.
I wonder why are people not used they head and say NO to all this crazy bs, but maybe they like all this Roll Eyes
That's a bit over the top to call them a commie states, did the Red Scare not eliminate every single one of this communist back in the 60s? The problem why people don't complain is because they don't have a critical thinking skills so they have a hard time being on the right side of things. This is the Selfish Generation.
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