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Yes, inflation can affect Bitcoin. Inflation refers to an increase in the general price level of an economy and is usually associated with an increase in the money supply. Therefore, high inflation rates can cause currencies to depreciate in value and increase the prices of goods and services.
As Bitcoin is a decentralized digital asset, it is not controlled by any central government or financial institution and its money supply is limited. Bitcoin can therefore provide a hedge against inflation.
However, in countries where price levels are high, people may have less capital to invest in Bitcoin, which could affect demand in the Bitcoin market.
In short, anything that affects human life can affect the price of bitcoin, because even though bitcoin appears to be a decentralized currency, the center of bitcoin is all the people who use it and their capital.
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I usually use bitcoin as an investment tool and I usually make short term investments. Still, I couldn't say that bitcoin helps me economically because I invest in small amounts and don't get many profits, sometimes I even lose. But I believe that bitcoin will be more beneficial to me in the future.
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I am not going to lie, the first time I get into crypto it was all about the money but then I see the potential of bitcoin and what it offers but I believe that there is still time for bitcoin adaption.
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"Is the bear market over? Hard to say, but a lot of the bad news was priced in. With a maximum drawdown of -28%, SPX discounted 85% of a typical 33% market decline and 78% of a recession bear market. I still like the 1946 counterpart-"
If you look at history to predict the present and the future, it can be said that it is too early to say that bear season is over. We've only been in bear season for a year, which means if history repeats itself, we have over 2 years left for bear season to end. Plus with the current economic crisis, if history doesn't repeat itself, bear season won't end either, and as information released by the Fed yesterday, they will continue to raise interest rates in 2023 until inflation returns to normal (<2%). This means we will have a more intense 2023 than now, brace yourself for bigger storms instead of expecting a bull season. You raise an interesting point. It is true that past market cycles can provide insight into what we can expect in the future, but it's important to remember that every market cycle is unique and can be influenced by many recent things. Every period should be commentated by its own time and conditions. I wanna be optimistic about the market at the moment, even the biggest storms have their own advantage as long as you took your position  |
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To make a living, we must work. In uncertain days like now facing the global economic downturn, a stable job with high income becomes a scarcity. A side job or business seems like more necessary than ever, which can minimize the risks of losing your current job, ending up pennyless. However, a side job/business also takes time and efforts and can never be attained whenever we need it. What did you do or will you do in order to ensure your finanical stability despite all unfavorable circumstances ?
Remember that starting a side business takes time, effort, and dedication like everything. You gotta be patient and precise. But with the right mindset and approach, it can be a great way to improve your quality of life for sure. |
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As I see, you are a subbrand of GUP. Will you be using the same licenses as GUP or will you obtain a separate license specifically for FNT? And, will FNT use the GUP database and infrastructure?
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Its just 11 days into the new year and 2023 is already showing signs of hope for bitcoin investors. Bitcoin is currently on 17k plus as of this morning when i check my binance app which is currently a good results as bitcoin has been stuck at 16k for a very long time. Investor and btc holders will be very happy seeing this significant rise although it is a volatile currency and can change its rate anytime yet its still a positive start to the new year. At this moment we can hope for the rise to continue and maybe hit a point where investors can boost of a good profit added to their btc coins. I was directed here and have learnt alot and i will no longer call it a hasty decision if i were to get my own btc in my own wallets but i haven't gathered enough finance to do that and am looking to sell some of my old stuffs which am no longer using to start my own bitcoin journey. I have some stuffs like an old TV set, some old cooking gas and sone rusty old furnitures in my house which i think can fetch me some reasonable amount of money to start this journey and the good part of it is that I don't use these stuffs so its better to sale it and use the money for my bitcoin investment. Just hoping we all can hodl up more longer maybe 2023 has something special it has to offer #keephodling I completely agree that it is a great time to invest in bitcoin, as the value has been constantly rising. I also believe that using items you no longer need to fund your investment is a smart decision. It not only allows you to declutter and make some extra money, but it also shows that you are committed to your investment. what a spirit ! |
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Not only is this calendar visually stunning, but it also serves as a valuable tool for those interested in Bitcoin and its evolving ecosystem. The creators of this project should be commended for their creativity to be honest.
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It is possible that digital dollar could pose a threat to Bitcoin's market share, especially if the digital dollar were widely adopted and used for a larger portion of financial transactions, not with like 15+million transactions per second. However, it is also possible that the two could coexist, with people using both for different purposes. Bitcoin has a strong network effect and a loyal user base, so it is not likely to disappear anytime... Ultimately, it is difficult to predict how the hell two will compete with each other, as it will depend on a variety of factors such as user adoption, the development of new technologies, and changes in economic and regulatory environments.
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It is certainly an interesting concept for a government to offer financial incentives to encourage citizens to move to certain areas. There may be potential benefits to this approach, such as boosting the economy and population of the targeted regions, and potentially easing overcrowding or resource strains in larger cities like Tokyo.
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Bitcoin banking is more secure than normal banking, because you are the only one that has access to your personal wallet but in normal banking customer cares can login into your bank account without you're notice and use your money for any kind of businesses.bitcoin banking is more reliable than normal banking because money that is in your normal banking can be deducted or withdrawal without you're notice but that can not happen in Bitcoin banking everything happens with your authorization.
In fact, traditional banks, despite their shortcomings, have many advantages. For example, it is that users of traditional banks don't need to worry about the security and storage of their deposit. The whole issue is decided by the bank and deprives customers of this headache. Convenient, isn't it. Especially for those who are lazy and don't want to bother with security issues. In the case of bitcoin banking, it will be necessary to take on the responsibility of keeping and maintaining the safety of savings. Nobody else will do it for you. If a mistake is made with the record or an insufficiently reliable place to store the seed-phrase, everything will go down the drain. Here you won’t be able to turn to support, which will fix your problem, and the consequences of mistakes can be catastrophic and deprive you of everything you had. So, these 2 types of banks have radically opposite features. I totally agree on this, It is certainly true that traditional banks offer a level of security and convenience for customers in terms of storing and protecting their deposits. Customers do not need to worry about the technicalities of securing their funds, as the bank takes on this responsibility. On the other hand, with a digital currency like bitcoin, the individual is responsible for the security and storage of their funds. This can be a daunting task for those who are not very into tech world or who do not want to take on the responsibility of managing their own security. Therefore, it is understandable that some people may prefer the convenience and security offered by traditional banks over the added responsibility and potential risks of self-management with digital currencies. The pros of a situation are always balanced by the cons. In the end, It is all a matter of perspective I guess. |
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It is always difficult to look back on missed opportunities, but it is important to remember that we can not change the past and can only move forward  Perhaps this experience can serve as a reminder for all of us about to stay vigilant and seize opportunities as they present themselves in the future |
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"The only way to avoid mistakes is to gain experience, and the only way to gain experience is to make mistakes." - Robert Kiyosaki
Well, unfortunately, there are many scams and sharp schemes in the world of cryptocurrencies... And sadly, some investors may fall victim to these. It's important for investors to do their due diligence and be cautious of any investment opportunities that seem too good to be true.
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I have always been interested in technology and innovation, so when I first heard about Bitcoin and the concept of crypto currency, I was immediately hooked. I did some research on BTC and learned about basics, how it works, what is mining etc. While I was researching, as instant as possible, I was convinced that it was going to be a game changer for a long time. But man, I couldn't predict that how popular and valuable it would become as such high volume. Amazing era to experience with so much opportunities. So now here I am, digging deeper to find something valuable and right to invest.
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If it was profitable we would all be doing it already. Even if there was a good company the profit is so razor thin right now it wouldn't be profitable for either party.
You could buy some asic's an have them hosted. But I would tend to think that simply buying bitcoin and holding it would be more profitable and maintain liquidity. ROI would be a long time as well.
So True |
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