Surprisingly a lot of people haven't really mentioned local stock markets of countries, specifically the US. If the US stock market tanks that'll send the global economy into shambles and would have some sort of effect on crypto's across the board. FUD and negative news coverage only goes so far and remains isolated in affecting Bitcoin's price. Maybe a couple of years ago, but now a days BTC is fairly main stream and a few bad news stories aren't going to do anything.
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The trade deficits the US has to deal with are pretty unique because the US owes billions to countries like Canada and Mexico and trillions to a country like China. Fair trade means more tariffs and those tariffs get passed onto the consumers through higher cost goods.
You can't win in trade wars. It's matter of who gives in first and who's willing to take the most damage to their economies.
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I support gun control, only people who need guns are the army and policeman. If you own your gun you should have a right permit. Some people own a gun without discipline so gun control is needed.
Google "police brutality." I got almost 8 million hits. Think of how many hits there would be if cops knew that people didn't have guns. But. The biggest thing about gun control isn't the guns. The biggest thing is taking away property rights. This thing you call a gun that I am holding, isn't a gun. It looks like a gun. It has bullets in it. But it is my property. You can call it whatever you want. But it is my property. And you don't have any right or claim to my property without my agreement. Your right to firearms is not the same right you have to own property. When John Locke talks about the right to life, liberty, and property during the crafting of the United States constitution, property in a fire arm was not what he meant as an unalienable right. However, it was clear the right to bear arms was necessary, but trying to claim a gun isn't a gun and that gun control insists on government to take the property of its citizens is reaching at straws.
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He isn't wrong.
Bitcoin bubble burst hard. People that were invested early on benefited while the people that jumped on the hype train got burned.
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Google is a giant mega corporation, what else do you expect? The market cap for Apple is nearly 1 trillion dollars. Crypto won't ever generate that type of value without mass adoption.
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A bunch of what you're saying in the original post is pure speculation which does nothing but entices the market. The correction going from 20k all the way down to 9k is what was needed to end the reckless speculation yet some people are still double downing on the same nonsense.
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Putting all your eggs in one basket is by far the most ignorant think you can do in any type of market regardless of what the investment is. Bitcoin is no exception. Invest with what you're prepared to lose.
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Most likely jealousy for missing out on the initial spike. I would say now isn't too bad of a time to invest but it goes without saying people want to buy low, sell high. Stock market is has the same type of people hoping for crashes to buy up on the dip then cash out later.
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I said this before, but BTC doesn't have any valuable technology that supports it. There are other crypto's that lend itself to more than what Bitcoin is right now, and what it can/will be in the future. Bitcoin has the mainstream attention which is the literal only reason the price dominates other coins. Give it 10-15 years when the technology of crypto's mean more than the popularity and you'll see other coins take the spotlight.
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Yeah, I think stocks are better for a long term investment. I can't imagine handing my children private keys to a Bitcoin wallet knowing they probably wouldn't know what it is, or what to do with it.
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Going to mirror most the other comments but this is absurd. Why would you kill yourself over 15,000 bucks? I don't care how poor you are, that isn't worth your life. Not sure if you're being hyperbolic or what the deal is, but that's moronic. Cut your losses and get back on your feet. It's not like you're in debt 15 grand regardless.
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Received an account from the seller and the one I received does in fact work. Thank you, and good luck with your shop!
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I've said this before but bitcoin will never make real money disappear. Technology isn't there. It's an investment for people to get a return. It isn't being used as a currency for the vast majority of people.
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This is identical to trading stocks. Bitcoin are staring to become mainstream because of the price. Many people are trying to trade it like penny stocks to exchanges and understand the risks that come with it. Quite frankly, Bitcoin has more risk. Looking at the price charts, there's nothing but exponential growth over a couple months. I'm speculating that once the hype train is over, the price is going to drop a lot. Stock trading is more predictable, not so much with Bitcoin. You can't look at sales charts, you can't look at revenue growth, ect. with bitcoin. Unfortunate, but it's high risk high reward.
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Would not be surprised at all to see a big drop off. Lot's of hype and people buying with confidence. Don't see it as being sustainable. Was thinking upper 2000's for a steady price which is what it will probably stabilize to.
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Bitcoin, gold and ethereum I think and with the way things are going now it looks like Ethereum is the safer bet too.
In any case I think crypto has cemented its place in our world for generations to come.
As you can tell, ETH has been extremely unstable and that's exactly why it's delusional to store your entire life savings in a cryptocurrency. Right now, USD or something like GBP are solid currencies that are stable to invest in. Most Americans and Europeans are good with their financial systems. South American countries are the ones that need to consider their investments.
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Are you hinting that there's a possibility of a plunge? Gonna stash some money now for buying cheap later! LOL. I would have been more apprehensive of bitcoin's survival due to the forking debate if Japan and Australia had not recognized it. We'll probably get through this just fine. Like someone here already said, there are bumps on the road. If you got into bitcoins, that means you are willing to risk the money you invested in this. If the money has already gained more than 50% from what it was when you invested, why be worried with a small drop like 20% or so? There's no way this hype train is going to last. Seriously. The amount of spikes the price has had in the last couple weeks are ridiculous and it can't keep up. Seems extremely similar to the situation a few years ago when we soared past 1,000. I feel like anyone that has jumped on the bandwagon around this price tag will get burned soon.
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I don't like him or dislike him. The reason why people like him, from my point of view, is the fact that he's unconventional. Not to be confused with anti-establishment. Looking at his cabinet and his relationship with the Republicans in congress, he's very establishment. But not many Presidents have, or would in the future whom ever they might be, would skip a correspondents dinner to host a rally. It's quite remarkable.
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Seems like the main debate is on what type of cash. Using fiat currencies, depending on whether or not it's stable is the real key here.
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Oh, again? It would not take much for North Korea to be completely shut down if China stops sending it resources. They're inching closer and closer to that reality.
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