Money printing is an intrinsic part of the modern economy. This economy can't stay at the same level all the time, it can either grow or collapse. Of course the process of money printing should be performed  in accordance with appearance of new goods and services, unlike in Zimbabwe and Venezuela, and for USD it is around 2% annually.

Yes, we choose strong economy over strong currency, but, actually, we have no other choice. Strong currency would lead to economic stagnation and inevitable collapse.

This strategy of yours leaves you vulnerable to exchanges getting hacked or you getting phished through email for exchange login info.
As long as you can not exercise full control over your crypto, that crypto is not really yours. Crypto is about being your own bank, it is not
about making a centralized exchange your substitute bank.

How many investors / traders do you think also thought their coins were protected, only to find out they were not protected after their exchange got hacked
or their account breached ? I would only start using stablecoins if it was supported by a trustwearthy hardware wallet (so you can move your stablecoin
off an exchange) and if that exchange has insurance protected by law. Tether has neither by the way...

wrong  cause- effect chain you are building here , the global rate cut may or may not influence the price
but it is not a factor that makes it jump overnight or break trends
while the trade wars are brewing ( and some are ongoing ) capitol looks for a better place to be , with the rates lowered big players  might want to find some other investment opportunities
but bitcoin is not the only one and also it is very risky and not regulated enough
you have to understand that the big investors are not playing that low as to put their money into a bank and live off the %
the bank's clientelle is small and mid sized businesses and the common folks , ridden with debts
those categories would not have enough money to invest into something "wild" as bitcoin anyways
at least not on a scale where it affects its price

Why do you think that Wallstreet big investors will speculate on calls? What if they speculate on short?


I think the launch of bakkt want affect bitcoin price so much on launching date... maybe few hundred dollars. The most people expect big moves, thats why i think there will be much action.

And where are those stable coins located ? Are they in your own wallet, with you having full control over them ?
Or are they on some exchange ? At which the number one rule applies : dont leave any tokens / crypto / fiat on exchanges.

Bakkt Launch Will bring bull run for btc Right?
Not sure yet. BTC price must break up above the triangle formation.


But what about alts like ETH, LTC, BCH. Do You think that Bakkt Launching could affect alt coins aswell somehow?
Altcoins will get a bull market when BTC is in a bull market. Right now, a lot of people still think we are in a BTC bear market.

What You Think 23 september what Will be the btc price gain by %
Down to $8k or up to $14k


And who are the investors who Will be using the BAKKT platform?.  Its Wall Street, so They are bigger investors Right? Or are They retail investors?
There is a minimum deposit, I think. So, this is not like Coinbase at all.

But how many people will be affected by that? Probably not that many according to this:



We can wait for that, of course, but with the current knowledge not many people will invest in BTC instead of EURO/USD. Imo it is very important to surpass the previous ATH, so that no one could say investing in Bitcoin is unprofitable. If BTC crosses $20k that's when the real bull run begins, maybe one we've never seen before, but currently the very fact that BTC price was much higher in the past stops many investors from engaging with it.

If anything, people would rather invest in USD because

Why stable coin mate? And of what benefit is stable coin when it cannot really increase or give profit. If you keep money in stable coin, is more like keeping money in your fiat bank or keeping it In an exchange usd account without changing it, I would rather just put the money in bitcoin than keep in exchange.

People that makes use of stable coins more are trader because they often do make trade and rather than taking it to wallet often and payment fees, they keep in on a stable coin, or the remaining 50 percent can still be kept in some altcoins which I think now that most altcoins have really gone down is the best time for us to invest in them, most especially the altcoins that are on exchanges like binance and are ranked as top coins.

When a country has too many super rich people they also have a lot of poor people, when a country doesn't have too many super rich people than the public is better for it, I believe that is the whole point of this discussion.

Look at Sweden for example, they have IKEA and the dude is not really as rich as you might have imagined. He has places all around the world but not even in top 5 richest people in the world. That is why if you really look at the table you will see that places with poor people have highest number of billionaires and the places with least amount of poor people have the highest savings average.

Swiss people are doing it a bit hardcore tho, I mean saving up %20 of all your money does sound like way too much If you are rich enough to save that much maybe there should be more taxes to help other people even more?

The stats about the lesser unique addresses sending bitcoin to popular exchanges like Binance bitfinex etc are definitely correct, personally i can't remember the last time I used my Binance account. The last 12months have also recorded fewer traders engaging in daily trading as the market conditions must have force most individuals into holding their investment. This plus the use of P2P exchange should be the main reason behind the decrease in the number of transaction recorded as the article has reported.

Also local exchange are becoming more popular this days meaning more investors, former patronizers of the big exchanges are now relying on their local exchange to trade. Over the pass 12 months my local exchange LUNO which gives me the privilege to exchange my bitcoin to local currency have recorded high patronize from me. And this could be said about other users too.  Bitcoiners now trade with local exchanges. Maybe when the altcoins bullish market (hopefully) returns, those big exchanges might start experiencing more patronize.

Where do you live? the rule will depend on your jurisdiction and the best way to know about taxation is to go directly to your tax bureau. They will be the one to explain how you will be taxed if there's no clear taxation about cryptocurrency in your country.

It's best for you if you will hear it from them.