First of all, America is not a nation it's a continent. Second, if the USA was a failed nation then you wouldn't have to ask because it wouldn't fail all alone. Many other nation's success is bootstrapped off the USA's economy. A better question would be: "Where is the USA located on the civilization bell curve." I think it would be somewhere near the top but not over the crest.
United States of Mexico: called Mexico United States of Britain: called Britain United States of America: Don't dare calling it America Most of Americans are recognising themself like a nation Thay are totally not aware that thay are from Europe Africa etc propably many maxicans will tell you i am mexican but never european americain Ignorance between most of American citzens is high like Himalaya Now thay even want to choose the biggest ignorant to be his leader Thay like to be biggest ,biggest than others And because of the greed of reaching that top. A wrong leader could be chosen and maybe that will make them a failed country after that wrong choice of them. Regrets will be in the end. The whole greed comment is sort of redundant when its any country. But the ones I can recall people saying they are america as a nation would be super activists which are usually grass roots type of people. I mean I call myself an american, but dont consider as a nation. |
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Holding the bitcoins in this period is better than investing it because i think the price will increase after the halving
Yep. I am only holding my coins at this point. I'm not trading them or invest them in something. I know this way my coin count will not be increased, but I am happy to see that the USD value will go up throughout the years. And yes, of course I will secure some profit once the price is high enough. its debatable, but im sure the overall long term you`ll be positive. but the price wars with being mutal or staying the same seems like every 6 years just looking from what it takes minimum. |
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China has been buying a lot of US property as a safety net against yuan for the last few years, maybe they are hodling the property?
The reason for china to do this is because they been owed for a long time lol. They see other forms of collateral with aiding to the us deficit. Eventually wanting to replace the u.s dollar. There is a debate on this at zerohedge where they talk about wanting to become a global universal currency instead of the dollar. http://www.zerohedge.com/news/2015-10-11/dollar-chinas-financial-war |
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May opinion it is down before up.Wait a news from Japan thay want legelise digital currencys like a money
Can you imagine in that country with negative rates
The Japan has negative interest rates, that should make bitcoin ideal to be the currency in that country. Yen and every major currency has been. Any form of fiat eventually loses its true value, but the covered value will always remain the same since its globally accepted. |
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Without the willy bot, we can finally get an indication to what a halving will do to the BTC price. The landscape is VERY different to back in 2013 - in particular, there is no longer a central exchange like Mt Gox.
you are right, willy the bot is gone. but don't forget we still have okcoin and huobi that will perform some nice tricks in order to get the price to peak. just wait for it. Just know that it doesnt take much to manipulate your own exchange lol. If the exchange is big enough, they can submit their own buy orders internally pumping its value and sell it off in small increments to level each year like companies buy back their stock. |
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What if a bank goes belly up right around the halving? What would your prediction then be?
It wouldnt increase the buy orders unless everyone on wall st slowly remove their money into buy orders on the btc exchange. If the bank goes bad, they just a hand out like last time in 2008 with their paid lobbyist or something else thats formulated prior. |
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Just a tip, just because there is no new VC money coming in from somewhere for certain bitcoin services etc.
Doesnt mean it`ll be a boring year, esp if the VC`s are already accepted eventually the company can raise cheap money elsewhere like filing it to be a public stock.
And buy back its shares like apple does every year. Some VC`s cash out on the ipo or do both.
Overall it should help the bitcoin community wherever it goes as long there is VC`s throwing money at it.
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Regardless of the halving event or not.
You gotta know your own # to settle, thats if youre talking about trading.. but if youre not trading then youre in the boat of its okay there is no price that pushes to that higher #.
As most people should have a plan, I hope you do have one incase if there is a price difference loss.
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Bitcoins been bullish for a very long time.
I cant pull up charts from when it was back in 0.72 cents or whatever it started.
But the signs are there that if it took over 6years to where we are. I dont think it`ll drop back down to $200.
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You can also buy a lottery ticket and hope that someday touch
It's a better suggestion but mostly ends in a bitter way same as gambling. Only if we are lucky we may become a star else become poor and poorer. This just reminds me of people why people in america are obese. They know the facts are infront like eating like crap but still do it. The same concept goes, where a $1 ticket fighting the odds of getting his hit by lightening x23 times when that $1 could be saved into an actual business or start up cost eventually. |
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So hard to earn gold and get profit from it so i am prefer bitcoin. Earning bitcoin is possible even without education just need learn for other people how to.
uh, how is it hard? lol. You hold a stock that a mining company like (ADR) a gold mining company and see their 1 year chart not daily. You`ll notice they been bullish like bitcoin lol. So its similar to a buy and hold as well. |
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I think it`ll be a 50/50 scenario, but more in growing pains which global investors will notice after the reactions of american markets.
Like we see on wall st, people losing money because the market is in a free all only then people seek for other alternatives.
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Just recently bought gyft cards.
Other then that, I`m usually storing my coins until this halving is actually here and see how it goes.
But other then the gift cards from gyft - im more of a saver.
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those people who would vote for Hillary do not possess those qualities and do not care whether she is honest or trustworthy......in fact, her LACK of those qualities are resume enhancers for a democrat.
Most people are just mis informed. And if they were informed with these facts like the wikileaks scenario that pointed out, then most people would be in disgust. So its a matter and spreading those facts to help their decisions in this ridiculous presidential role. |
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I live in California but if the minimum wage goes to 10 bucks or above, you can forget about any waitress getting a tip from me. That was the whole idea of tips.If they are making that much, the restaurant will have to charge more.Its a lose lose situation. It's just a generation that was raised with no punishment and all reward expecting high pay and no work.
Even if you did get tips, usually those tips are divided and evenly given out for that entire day lol. Being a waiter or any restaurant business is probably the worst role, since people look down on you and have high demands etc. Instead of dealing with it, I`d probably just go to a temp agency and get a non-food business role. |
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If I was a business owner, I would def prob take my business to somewhere else.
If the taxes are high as it is, why bother get killed with new hourly wages.
Wasnt it $10 recently? now soon to be $15.. some companies cant afford like that unless youre a giant like walmart etc.
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Is there a way to understand why the value is skyrocketing?
Well price rises now, and don't even try to find reason for that because you probably won't find a good one, so just be happy that price rises, it might be because of halving, everyone buys bitcoins now so because of that price may rise The bitcoin price has only increase by 2 dollars nothing very impressive to be happy about. 2 dollars is better then nothing lol. It means I can get an extra something, but yeah intially it isnt much excitement until this whole halving hype is gone. And then we settle the actual median price after that. |
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Since mining decide the lowest possible cost to acquire bitcoin, if the mining cost goes up due to reduced coin generation, then the cost of bitcoin will go up. In that case, those capitals who are using mining to acquire bitcoin today will switch to using exchanges, thus push the exchange rate up until it get close to mining cost, then fall back to mining again. The reason that the mining difficulty continuously shoot up means capitals are still entering mining industry every month, demand is still rising
The effect of reward halving is similar to a sudden 100% jump in difficulty, thus the mining income of all miners are cut by half in one day. Hobby miners and miners with electricity included in rent will not be affected since they don't have any operational cost, but industry miner will be more heavily impacted. Bitfury once stopped their mining operation when the value went below $300. But typically, when they push out a new generation of chips, the mining efficiency can increase 4-8x, so a 2x increase in difficulty is well under their future profit ability
Market wise we will see reduced coin sell pressure every day, but since majority of the coins are hold by the miners, e.g. they sell only hundreds of coins per day, so a reward halving will reduce the sell pressure by a couple of hundred coins, not a lot
This is a pretty good indicator on if the prices after the halving or not if someone wants to trade bitcoin. If you see the main suppliers of mining increase their price, it should mean the value will be very bullish. |
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Just keep in mind that while you are doing saving, learn to earn and gained more coins to make your savings more quantity.
Quantity is really a must if you like to save coins.
Most people are just relying the value to go up lol. The hope the value to go up to make up for not having the quantity is what most people have in mind lol. Similar to the $1 lottery mindset to win billions. |
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If the price reaches +1000 $ after the halving, I will sell all my coins with that good profit and I may buy again after the price go down as I believe that after any high rise, the price go down again as a lot of sellers would sell
I think most of us would pretty much do that. Thats easy $40k in the bank if you held 40 btcs.. and serious good return if it was bought anywhere in $300-400 zone. |
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