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1121
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Economy / Gambling discussion / Re: Benefits from Gambling
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on: October 05, 2017, 12:26:36 PM
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You mentioned you are gambling for 10 years and telling us not to get addicted lol. There is no benefits from gambling it just turns most of the people's mind for greed they start thinking that if i double or triple i can live a jobless life but they don't see that in gambling one can even lose. Always control gambling or stay away
Most people can be affected this way, but some people are benefited from gambling, like OP. If you start gambling trying to learn and worring less about money you can improve your mental skills. Gambling is very tempting, if you are able to pass a personal test like that (temptation), you are able to pass for almost any difficult and situation in your life. Why do you want to gamble to improve your mental skills there are several other ways gambling surely works faster but there is no guarantee of it being effective you can even become a addict instead of improving your mental skills I am always astonished with different aspects of gambling people often defend for. Some say it is a best source of entertainment, some say nothing is better than it in earning money in very short time. How can you defend it when almost every gambler at the end of the day advice you to quit it ASAP so that you can’t be addicted and lose everything. |
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1122
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Economy / Trading Discussion / Re: How to earn monthly income with Bitcoin/Altcoin trading??
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on: October 05, 2017, 11:56:32 AM
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How to earn monthly income with Bitcoin/Altcoin trading with small capital like 0.1 BTC??? Is it possible to earn good income with 0.1BTC??
it might happen, even with just 0.1 BTC you can earn monthly income if you are trading correctly, but the result may not be too big. hard research and deeper study about trading is a must if you really aiming to achieved that gain, having much knowledge is the key to be more successful inside trading both alts and btc knowing the possible movements and intercept for your benefits. Dealing in different coins is not the case on which you decide whether market is good or not. It is learning that will help you to make somehow better predictions. Hard research and better basic knowledge that will make a good plan and scheme of work. So better is to trade in bitcoins rather altcoins haven’t that much amazing potential. |
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1123
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Economy / Trading Discussion / Re: Trading is unpredictable job.
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on: October 05, 2017, 11:23:33 AM
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There are many people who lost their money on trading, because trading is unpredictable job, in my opinion i need:
Method ( i must have system trading)
Money ( i must have management of money and risk)
Mind ( i must can control my emotion)
Tell me your opinions?
While having investment/capital for trading you need two more things to become a successful trader i.e experience and patience. A trader who can't control his/her emotions while trading could never be successful. There isn't any complex method involved in trading, through experience you become able to decide the PPP which is Perfect price on Perfect time at Perfect place while buying and selling. Totally with you in my point of view experience is the most important thing together with the ability to predict by reading the data flow There is only experience when you are coming to predict anything in this crypto world. You are right that people are just making FUDs and roamers about bitcoins and that all just go to dustbin on the very next day. So experience is something that can help you to synthesize some important and valid predictions, so just win or learn. |
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1124
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Bitcoin / Bitcoin Discussion / Re: Is Bitcoin money?
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on: October 05, 2017, 08:18:35 AM
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Bitcoin is intended to be used as money. The extent to which it differs from the various definitions of money is primarily due to its unpopularity and lack of government sanction, which in my opinion should not matter when speaking about it as "money."
Yes, there is no harm if we consider that bitcoin is the same as the money will be different but the shape is called a digital currency. If the money we can use in the real world and directly but if bitcoin it could only be used in the internet world. but in the end it also endowed a bitcoin can we use to help our real life needs. with bitcoin we can make money is useful in the future. yes I am agree with you that bit coin has been defined by different people in different angles but I like your one’s that bitcoin is a transactional tool which can be converted to any local currency and can be used in online buying, selling etc I also like bitcoin because it has converted the life of so many people from poverty to wealthy lifestyle. Bitcoin is not only transactional tool. We can make transactions by using fiat also but paper money is used in a lot of matters. Bitcoin is a digital currency and an asset also. Bitcoins have increased its value tremendously and gives huge profits which make it a precious asset. We can pay for some services directly in bitcoins; here it becomes a medium of exchange which means it is money also. |
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1125
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Economy / Economics / Re: Which one is good, trading or investing?
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on: October 04, 2017, 10:01:32 AM
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Trading is good and profitable only if you have the skill. You should not forget the fact that as trading is profitable, so also there is a tendency for you to loose all your money at the same time.
It is really necessary to acquire the skills first before dabbling into it. Trading can be so tricky and with the wrong strategy or no strategy at all, anyone will lose big. This is point which most of peoples and after lost complaining about few things which are not related to trading because without any skills you are going to lost money you must learn and do some paper work before this then you can enjoy this work and also can take some good profit trading and investing never been easy Ya .Me too suggest you to do trading. Because, if you are investing means,you have to brought a Bitcoin for a large amount than a current Rate of bitcoin. But in trading you are not force to brought a Bitcoin with higher than the current value.You can post a Advertisement. If any one OK means,they will trade with you. Very well said! I think it all depends on the person himself, like which option he finds more convenient. In my opinion, trading is most suitable option amongst both of them. The only thing we need to take care of while doing trading or even starting doing trade is that we need to learn all the basics about trading. |
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1126
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Economy / Economics / Re: Why Is Bitcoin's Value So Volatile?
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on: October 04, 2017, 09:10:59 AM
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The value of bitcoin is so volatile because the market is controlled by the whales or the manipulators who have a lot of bitcoin in their wallet and they are all focused in manipulating the market so they can control and make a lot of profit even the market is falling down or not.
Bitcoin’s value is so volatile because of China’s ban on bitcoin market. People are getting panic from this crisis and exchanging their bitcoins for other crypto currencies, this causes the rise and fall in the prices of bitcoins. Another major cause of the volatility of the bitcoin is that it is not legalized till now. You are very much right. I think the main reason behind this much decrease in the market price of Bitcoin now a days is none other than China’s involvement. I think this will not last so long and Bitcoin will again rise in the very similar fashion as we have seen in the past. We only need to hold our Bitcoins and we need to have patience. |
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1127
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Economy / Economics / Re: Tell me your predictions about Bitcoin
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on: October 04, 2017, 08:27:46 AM
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
We all know that the future of bitcoin is very unpredictable. There's no certainty that the future of it will be successful. A lot of things is expected to happen in bitcoin but the obstacles of it may be a factor that may affect or make the success of bitcoin go off hand. But for me I think bitcoin will make it through and the obstacles will be just enough to make the foundation of bitcoin firm and enough for more trouble. This is true that the future of bitcoin is very unpredictable. I myself do not consider it as a reliable source of income. In my opinion it is something like a fun and must not be used as the only source to earn money. Anything related to the BTCs whether it is the market value or things about its restrictions in different countries are a question mark indeed. |
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1128
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Economy / Trading Discussion / Re: Does Bitcoin have a future?
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on: October 04, 2017, 07:44:00 AM
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Things that have come before us and things that will come after we done our part and gone, will have a future but the concern is, not everything have a bright future.
The subject of discussion would be on whether the future of bitcoin is a glorious one or dim one. As it is easy to say by virtually everyone who has commented about how glorious the future of bitcoin is, without having to provide objective evidence to support such claim.
I will want to differ that that future that we are all envisaging or wishing might turn out to be a myth if something drastic is not done by major stake holders in the crypto scene because if things are going this way, it won't be long before people will start abandoning the favorite ship.
Exactly the future is of bitcoin. I am astonished why people ask these sort of questions knowing much better what will be the results. Still, current situation is made so turmoil, pretends to be the drowning states of bitcoin but reality is totally different. Future is there. Some people are new to crypto world and are not much aware of the real potentials of bitcoin, maybe that’s the reason they keep asking such questions related to the future of bitcoin. Everyone is working with bitcoin in order to have nice future, so it is quite sensible to ask about the future of bitcoin. As a matter of fact, the future of bitcoin is brightest among all coins. |
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1129
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Economy / Trading Discussion / Re: did you place all your funds into bitcoin?
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on: October 04, 2017, 07:06:53 AM
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Yes of course , as you see bitcoin is a huge profit market. But take a big look, not everyone make profits from Bitcoin. Some guys don't have balls to hold it till the good price. They all buy at top and sell at bottom, which is opposite the main rule of trading, So there is a sentence: " Don't put all your eggs in one basket". It's your choice actually but this is my advise for you.
i am not place all of my funds into bitcoin because i think its not wise to do that, its better we use money that is not for anything. if we only have few money, we need to divide the money for our expenses in real life and don't take it for just invest in bitcoin. Putting all your money and savings in bitcoins is not a bad option rather a golden chance but there are some extra cares you must take off. When your all income are in one race then you have to be the fastest and wisest person at your own. More hard work is there for you with much more profit. I am also in favor of investing as much as you can into bitcoin because we all know that they are the future rulers of the world and if we really want to live a dream life, bitcoin are the best option for investing money. I am also storing my savings in the bitcoin and after every Segwit, they tremendously increase in value. I am so blessed to use bitcoin. |
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1130
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Economy / Trading Discussion / Re: I quit trading
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on: October 04, 2017, 06:21:35 AM
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Maybe it is right to stop trading a bit in some times, i read a thread in another forum of people saying that they were in a loss of almost 70%, that is insane, i would quit in i were in their shoes. Imagine investing 1 btc and then have only 0.30, what a big loss, i wouldn't know what to do in that situation. Anyway, i really think that some altcoins are going to go up again, so it is a good time to buy
That depends because not all altcoins go back and rise again in the other hand if you are not a researcher or just invest in any altcoins in the market it is most likely what to happen to lose big amounts of money. Trading isn't suitable with someone who doesn't have brave and skills. By the way you have to learn how to get valuable informations that can raise your balance. Most people lost in trading cause they're panic, don't follow the rules and doesn't have a good source of informations. If you have enough these features above, keep trading you will have profits for sure. Trading is a full time job and you really need to burn mid night oil in order to be successful in trading. Trading is something that can make you rich within seconds but for that you really need to work damn hard in order to understand the basic rules and regulations of the trading. Trading can’t be learning just by watching videos or listening to veterans, it demands practice. |
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1131
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Economy / Gambling discussion / Re: Why we still gambling while we always lose?
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on: October 03, 2017, 01:25:52 PM
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It's an addiction. People can lose everything in gambling. They will play even if they lose all the time.
Well said, other's are pursuing their hope of making good money in gambling so they are trying their best to win. And even here are so many chances that they/we lose we keep on gambling again. In the end we don't understand ourselves anymore sometimes we keep on gambling without a purpose even we are losing big money and most of the time it's already an addiction. If know the meaning of that. It is not a good one you will lose more money in the gambling it like you adatat one. You can not live that. It will, you will lose more money easily. Gambling is not following the rules. It gambles for the people. You will not get the profit easy. If you want to profit you will lose on this from you. It like gambling. I may not live for that but the reality is there are people that chose to live like that. They keep on gambling even when there's no more hope for it. They keep on thinking that there's a way for them to win gambling even out of 100 they only twice or 5 times. And for others that are also having an attitude like this, we don't have anything against them but I'm sure that they are just simply gambling addicts. hard to explain everything about the feeling when you gamble with any words. you do want to leave as gambling has given you a lot of problem enough but things won't run easily as you planned and wish. the point are when you have a good discipline habit , you wouldn't receive that kind problem to keep playing even you know already you have lost a lot. When you are disciplined you will not get to the point that you'll keep on gambling when you lose. That's not the real meaning of gambling and there are people who are really struggling with this thing. Many tips, suggestions are given to them still they are insisting to gamble when they are aware that they lost a lot of money in gambling and still hoping for a positive result in the end. Maintenance of discipline in your personality and decision making while you are into something as risky as gambling is an important factor to keep yourself away from the loses .Gambling being a fun at the beginning becomes a real struggle at the end for those who get addicted to it with the passage of time. It is all upon self realization of a person that when to quit and put an end to gambling instead of causing yourself to regret after a huge loss. We are responsible for our lives and everything that we do. It is easy to say that stay in limits while in actual, it is very difficult to control the strong emotions. We are humans and we cannot kill our feelings, as long as we have a heart we cannot only do what our brain tells us to. This is the reason why people fail to follow their plans even when they are the brilliant ones. |
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1132
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Economy / Gambling discussion / Re: Why trading is better than gambling?
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on: October 03, 2017, 12:55:06 PM
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Although we use our best analysis and strategy, but in fact it never guarantees we get the profit by the time trading, and this is proof that in the trading is same with speculation so that the chance of a profit and loss statement is also the same.
It's doesn't matter if you will use the best analysis and strategy as it is both useful for trading and gambling. Traders will be traders and gamblers will be gamblers there's no comparison that should be done for these two activities. We know that profit in trading can be great and as well as in gambling so if you are doing both and you are a very lucky guy then it's up to you on what you will prioritize. That is the point. If he is a very lucky guy but mostly people are not very lucky so it is better to not play games like gambling where luck dominates skills and we have to be on the mercy of our lady luck. I will always prefer trading as I do now and suggest the same to others. It is my sincere advice to not gamble and if do, and then don't seek profits in it because it won't work. |
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1133
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Economy / Gambling discussion / Re: How to control greed on gambling?
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on: October 03, 2017, 12:25:36 PM
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even when you have a plan already sometimes that greedy could come up naturally.
as it is the human nature , you can not really release it from your habit and yes it is just the matter of time only. sooner or later even you have successfully deal with your greedy and passed it all , sometimes you will have to face that greedy and regret it later.
I agree with this one. Even if someone has already set limits of until when he will gamble, there will be times when he will be tempted to continue because of the greediness and it is human nature. The purpose of gambling should be for fun only because if someone has the intention to gamble for money, he will always be tempted to earn more because of that purpose and greediness cannot be controlled. Maybe for sometime, he will be able to control it but then eventually he will just give up and continue to gamble because of the possibility of earning more. that time when you think struggle to get out of your gambling habit as you have done everything , and yet the efforts did not lead you to control gambling and just make things even worse than before you should consider to looking for a serious help from a professional. i just think the percentage people completely successful control over their greedy in gambling are so low , more to always failed. Most of them do definitely failed on controlling their-selves specially when the addiction is already severe which you cant really control no matter how hard you think that you should stop.Our minds is the most powerful thing which can really make us stop even some say that having a strong mind will already made you stop but this is really a case to case basis on a certain person since not all people do have the same control. Controlling greed is like controlling a wild fire. It takes time and energy. People really get blind once they become greedy. Even some forget about their families, relatives and close friends also. This is how dangerous and powerful greed is. Indeed, money can make friends and foes. If someone wants to get control over this greed, he must keep on telling himself that money is not everything. |
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1134
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Economy / Gambling discussion / Re: lucky ! does it influences by a woman beside of us?
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on: October 03, 2017, 11:51:16 AM
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For me personally I believe but not all the time as i gamble, because for me i gamble for fun and pastime only. but every person have a different belief in his lucky in gambling, so someone really luck with gambling when he is with his girlfriend. because its give inspiration, enthusiastic and brings out his skill and strategy for playing the game. and giving a different feeling and lucky when he is beside him.
Well, I think it's just a suggestion, because in fact we also often get luck even without a woman or girlfriend beside us. So I do not think women or girlfriends will affect luck. Luck can come anytime, luck will come if it's time to come. But most often. People become lucky once they are happy. And one thing can boost them to become happy is the one they love or girlfriend. I don't actually believe on lucky charms to use in gambling. But I'm using something or someone as a motivation to win. Having a purpose really helps you to clear your goal. If someone will think positively, good things will happen to him. I have a firm believe on this statement. First of all, it reduces our stress and keeps us healthy. Secondly, our brain works better when we are in good mood because we can focus on our problems better. However, I am not a love guru but have seen most of my friends in trouble due to their girlfriends. I don't think this can help in gambling in any good way. |
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1136
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Economy / Economics / Re: How can we make more money?
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on: September 27, 2017, 05:32:25 AM
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Theres just only way to earn more money and ensure success in trading industry that is to have patience at everytime and be knowledgable through it and just trade what you feel you can profit onto.And in spreading your business patience is needed also
We can make more money in a lot of ways as follows: Use bitcoins for trading. Sell your products online for bitcoins. You can do some part time job in any hotel or a shop. You can also offer online teaching to youngsters taking bitcoins as a subject. |
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1137
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Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022?
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on: September 27, 2017, 04:44:20 AM
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it's highly unlikely that one currency will be used internationally, what is more likely in my opinion, is that several thousands of additional (virtual) coins will be added and used by people. That has the benefit that a crisis wouldn't have a huge effect internationally, since things are not that interconnected anymore
It is likely going to happen as many theories that bitcoin will be used worldwide so it's essential that it will be used as world currency. Besides, there are conspiracies that bitcoin will be the one to use for the one world gov't currency and it's the currency that will be used for the cashless society, I'm lack of ideas with this but there's a possibility it will happen. I don’t think so because of the current situation of bitcoins in the digital market, it will take some time to become a globally accepted virtual currency i.e. expected next 20-30 year. These days china has banned BTC and its transactions all over the country, there are chances that other countries also start banning BTCs that will cause fluctuations in the prices of bitcoins. |
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1139
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Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it?
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on: September 23, 2017, 10:46:33 AM
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When you need it spend it, if not just save it to earn more and achieve more bitcoin.
Yes you're right I think you have the right to spend it after all it is the fruit of your effort and time but don't waste it to useless things because if it will be for nothing it is better to save it because maybe someday you will need it the most. I will invest some of it and will hold some of my bitcoins for some time for getting my desirable profit.i shall also convert some of my bitcoins to the currency of my country and will utilize it for sending precious gift to my bitcoin teacher as well as I will also spend it on my beloved family. |
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1140
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Economy / Economics / Re: central banks and Bitcoin
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on: September 23, 2017, 08:32:08 AM
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Hey,
I am right now a little bit researching about financial stability and monetary policy.
It seems that monetary policy through a central bank is pretty important for the global financial stability.
For example if there is a financial crisis, central banks try activly to stabilize the financial system.
If Bitcoin would replace fiat money and such a crisis would occur, wouldnt this lead to long term financial instability?
That is true, that is why I don't think any decentralized cryptocurrency will ever replace the current system of fiat. Right now fiat currency is regulated by the governments but this is not for reasons that is quite easy to understand for others. A lot of people do not realize this, but if we just leave the financial system to be similar to bitcoins everything will go into chaos. But Upto me ,Bitcoin will replace any Fiat currency. If you inverse in gold means.It will give you only time profit. But it's value of bitcoin is keeps on increasing day to day.And Central Bank will gives you ,6& 8%- interest for your holding bitcoin. But in bitcoin, the weekly profit you will get ,i thunk your idea might be quiet possible in a long run, not for now, because if we look unto our current situation it is really hard to tell that it could replace fiats sooner or as soon as possible but there is also a slight chances that it could speed up a little faster, but still who knows, for me I don't even trust the centralized banks or whatever it is. Yes this is better for people that as they do not need any bank for holding bitcoin, they are free from the government rules for money making and controlling. People are free to buy and use their bitcoin wallet which is totally out of the control of the officials. You can hold your bitcoin in your blockchain wallet or any other wallet you like. The central bank has no command and approach to your personal bitcoin wallet for anything else. |
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