How much, in your opinion, has international relations influenced the world economy and what do you think about it?
You have answered yourself in your own question. World economy consists of international relations. So it obviously "influences world economy". Post 2008 economic crisis, america's TARP Bill was written by Chris Dodd, to bailout banks. At the time everyone assumed Dodd would author the bill in a way which put the self interests of the public first and foremost and that banks would suffer for endangering the global economy with toxic assets. Later it was determined that the process for authoring the bailout bill was Chris Dodd communicated with banks and the federal reserve. Dodd asked them what policies were best and banks received whatever they asked for. This type of disclosure on how the state offers banks and other special interests laissez faire / carte blanche to do whatever they want could be a motivation for Satoshi Nakamoto creating bitcoin--a currency for the people, rather than something created to benefit the establishment or special interests. Also it was later revealed the federal reserve profited something like $40 billion from managing the bank bailout bill. This might not be big news today but during that time when many were losing their jobs and committing suicide, maybe that helps to understand the conditions which might motivate someone to create something like bitcoin.
Centralized entities like banks wield a great deal of political influence on a global scale. The type of power they wield could supersede any notion of "international relations". An example of this are politicians who prioritize the interests of nations like china ahead of what is best for their own country. China centralizing the global steel market via utilizing predatory business practices would be bad for the united states and other major powers. Yet it is not difficult to see many would be in favor of this, even though it is bad for them.
There are social media campaigns in place which take precedence over "international relations" and in many cases, things people like SJWs support, trend in directions opposite to what is in their own best self interest.
Well it is US fucking government, and it is banks, and they are centralized shit. What else can one expect? People do all this shit, and then there are people in Syria and other Muslim countries dying due to the Americans who have decided to fuck up everything that exists in the world. By Americans I mean American politicians, not the people. Even though the people are also to be held a little responsible for everything that happens. |
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To many people came on crypto ecosystem and we truly don't know on which of them are new ones. But lets just assume that some of them are big whales that can bring up good fortune on bitcoins aswell with cryptocoins. But lets hope those new comers can withstand the flaws of crypto markets so that they can make the demand more bigger.
Do you even understand what you're saying? There is almost no thought in that answer. What do you mean by flaws of crypto markets? The fact that exchanges suck? Is it that regulation is becoming a thing? Or are you actually just saying shit? And new comers don't make the demand more bigger. Demand is not a dick to grow bigger. It is an economic theory. |
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It's funny as someone else said, that people were reluctant to buy when prices were lower at $6000-8000 and yet, right now, they are extremely bullish regarding bitcoin's price movements in the short term. Doesn't really make much sense to me.
They are people after all. The ones who are fucking up humanity. $10k resistance is still strong, and we experienced a pretty big pullback once again after the $10k level wasn't hit. And again, even if BTC does break $10k, I can't really see this being the move we should be looking for. It's more likely than not that $12k is going to present even more issues as a resistance. Plus, buying now at such high prices when I believe a correction is incoming soon is a pretty bad move, at least in the short run.
10k is actually too much,I am not saying I don't like it,but by seeing how people are reacting,they have forgotten the fact that last year this year,the price was 2k. And here they are fighting for 10k. |
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Remember that last time we literally took a couple of days to go from $10k to $20k. We literally went a couple thousands up daily until the crash. We could go thought the same scenario again, but going higher than before since the bottom this time is higher. A believe a FOMO event to $30k in august is now possible.
These were just the same guys buying and selling bitcoin from and to their own addresses. And there were a few people who were entering the crypto market due to the too much hype created by the price. And now people have gone crazy,they are at a loss and look who they are blaming... |
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One day I will tell my grand kids about the time in 2017 when everyone except politicians were happy and it was a joy to work at any job because you had real money that actually could make you more real money. Time to find the next bubble...
Are you seriously giving up already? bitcoin has not yet ceased to exist,which means that you can actually make money,given you have to take smart decisions. And bitcoin was never a bubble,if you think with your brain,you'll figure it out. The scammers and crooks finally won! Congratulations because even your fiat will be near worthless at some point too! The economic freedom of the people is once again destroyed by the animalia raised by bad handlers. Those scammers and crooks are also people. People are responsible for anything that happens in this world,good or bad. |
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At least three things needs to happen: 1) Adoption of crypto wallets needs to increase (preferable with pre-funded assets) 2) Each wallet provider needs to agree on a standard protocol for payment (Maybe Payment Request API (W3))? 3) Store owners need a merchant app to receive payment with further integration into multiple accounting systems. 1. Okay? For that people need to know how to use bitcoin. 2. They definitely won't agree with a standard protocol. There are patent laws and legal issues. 3. I believe there are tons of icos doing that. But don't know which one is legit. |
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If we have less new investors, so the prices tend to fluctuate less? How much dependent of new investors the prices are ?
Look it doesn't work like that. You don't know who is a new investor and who the old investor. For all you can know, one person may be circling his money along through his addresses. Prices are determined by markets. The basic law of demand and supply. Economics? Ever heard of it before? |
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Dude these are Koreans. They are fucking talented and they know their shit. It is in their blood, and they never screw up. South Korea has been giving birth to a lot of whales in the crypto markets, now that stock has been well, outdated.
it seems that the Asian continent with the exception of china use much bitcoin.
People still use bitcoin in China though. |
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Just like what happens here our country a cybercrime related bitcoin scammer caught by the police he took worth of million using bitcoin for investment. Just research "A list of scamming allegations against Xian Gaza" he has the biggest scam here in our country using bitcoin but now he was in jail. These kinds of people who destroy the reputation of bitcoin must in jail and be punished by the law.
Reputation of bitcoin is not destroyed by theives. By that logic even the dollar's reputation should be destroyed. But yet US fucking capitalism exists. We have media to destroy the reputation of bitcoin. |
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Okay your point being? bitcoin is money and people are addicted to money. So you'll see robberies happening every now and then. Even if it is in bitcoin. So you don't have to post every single article about bitcoin and its robberies or rather anything. Its a good thing that the police caught them but honestly no one even cares.
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People strive hard for money,go beyond limits to earn money. Do all the illegal/unwanted shit and at the end of the day,they don't have a smile at their face. I happen to be a person who says that money is shit,but I still want to earn because well you can't survive without money. Money is good and bad in its own ways. One thing I can say,don't be stupid. Give other things that give you happiness more priority. Because you only live once.
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Bitcoin cannot die,do you not know that? And,bitcoin is not legal in any country. It is illegal in a couple of countries though. No one can predict the future of bitcoin because no one can predict people's actions. So don't worry about the future and worry about the present.
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Dude its Brazil....
I am surprised they are regulating cryptos while they have much important things to do like protecting their country's people from mob-rule,drug-trafficking and illegal weapon smuggling etc. Anyhow doesn't matter,regulation would help Brazil a little atleast.
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Simple reply would be that:
We won't be flooded. ICOs will exist,they will be strictly regulated. If that doesn't help,most likely countries would start banning them one by one.
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The decentralization of Bitcoin and non-licensed exchanges like Bitfinex, Binance is far better. The community needs these, but doesn't need backing on illusion. Decentralized, non-licensed, cryptocapitalists, part of the game. USDT rather than USD, easy, convertibility, audit is just a hover in the air. Let the song last forever.
You may like that but tether is not the best option. The only reason I hate them is because of them being super shady. I saw that there is now an alternative to tether,and exchanges are listing it. Its called TrueUSD. What it is: https://cryptovest.com/news/true-usd-whats-good-to-know-about-the-new-fixed-price-token-project/Tether has managed to do a lot of shit,printing out of thin air and what not,but it needs to stop now. |
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A lot of posts are about bitcoin (eg bitcoin for illegal transactions ... bitcoins change lives ... bitcoin destroys the world ... bitcoin poison and so on) but basically it's all humans that move .. bitcoin is the tool. Good bad how the tool is how the man who runs. is it worth blaming bitcoin. What is your opinion?
I have been telling this since forever. Bitcoin is not to blamed here. People are. But people won't accept it. So back to blaming bitcoin. For this reason,bitcoin shouldn't have been created,but using the same logic,even humans shouldn't have created. My opinion is that the world should end pretty soon so that assholes would cease to exist. There would be peace,and the plants and animals would live happily thereafter. |
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Don't be stupid. Did you even put some thought before you wrote this? The total bitcoins that can ever be mined is 21 million and there are more than 7 billion people in this world. Even if each person has half a bitcoin, it won't be enough. Anyone who needs to use bitcoin needs to have a computer, an internet connection and basic knowledge of bitcoin.
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There are thousands of them and very few are legit. Like Welsh said, a lot of people recommend gunbot here. I don't use bots for trading but if you want, you can give it a shot.
Use bots only if you doubt your trading capabilities.
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What do you think about? If he is finally sued and fined and/or put in jail again, I am not going to cry.
He is going to prison again? Do you know why he went to the prison in the first place? Even if he is going to get sued, he is a fucking millionaire, he'll find his way out of it. Unless he is faced by a damn good lawyer who doesn't give a shit about money, so yeah he is going to get out of the supposed lawsuit even before it begins. |
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What's your take on the 17th million btc being mined? It's now more scarce do you think this will help many get past the mental barrier they had before in buying? Will it trigger Fomo and drive the price up?
Its not more "scarce" now. In total 21 million bitcoins would be mined and that's it. It has been "scarce" since forever. Being scarce won't do anything to change people's minds. What fucked up logic is that? Bitcoin's price may actually rise when the 17 millionth bitcoin is mined because of people who have a fucked up logic and also those pumping dumbshits. |
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