Satoshi is the smallest unit in Bitcoin and it is inseparable from Bitcoin. Adding Satoshi just makes things confusing is making people misunderstand that there is more than 1 type of Bitcoin (other than Bitcoin Cash, Bitcoin Diamond ...). Coinbase or coinbase pro and exchanges won't do the above because they know it's pointless because they're just Bitcoin.
There will be a day when we will talk and use satoshi rather than bitcoin. We are witnessing a switch from kXDG (1000 doge) to doge. Switch from Bitcoin to satoshi will occur when you walk out and buy 3 satoshi coffee and not 0.00000003 bitcoin.. Until this era come, there will be no listing. I don't worry much about the payment issue as we will be using mobile devices to scan the store's QR code. The amount needed to pay will be displayed automatically and our only task is to confirm to complete our transaction. |
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Satoshi is the smallest unit in Bitcoin and it is inseparable from Bitcoin. Adding Satoshi just makes things confusing is making people misunderstand that there is more than 1 type of Bitcoin (other than Bitcoin Cash, Bitcoin Diamond ...). Coinbase or coinbase pro and exchanges won't do the above because they know it's pointless because they're just Bitcoin.
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The thing is corporations will buy Bitcoin as a hedge against the devaluing Fiat currencies cause they have money at their disposal, but for the average individual, it's much more difficult, especially now that cost of living is pretty high, they would rather use their stimulus for their daily needs than for investing in something that's somewhat risky.
The government prints too much money to regulate the economy, so that's the first reason. Another reason is due to the reduction of agricultural production and commodity production, making these products reduce production and inventory more. Firms need to deal with their own economic problems, which are fees such as storage, product distribution, and capital recovery. They will do everything according to plan to revive their business. The escalation in commodity prices is inevitable. Free money drives everyone to consume, and this happens to almost everyone. Converting their assets to Bitcoin and cryptocurrencies will be easier for businesses with stable revenue. That is easy to see. Not everyone has a vision of inflation, especially for the poor. |
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I don't know why everyone here gives so much importance to Warren Buffet. Across different sub-sections I have seen at least 4-5 threads which mentions him in the title. Warren Buffet was a great investor. But that was many decades ago. Right now he is a bitter old man who can't fathom the success made by cryptocurrency. Most of the economic analysts have predicted a steep rise in inflation, which corresponds to Biden's plan for an additional $6 trillion in spending ("American Families Plan"). Now we don't need Buffet to repeat those words.
Printing more money to pump into the market and taxing the rich capitalists is one way to drive inflation. Capitalists will increase the price of the products they make to have more income to pay taxes. Citizens will use government subsidies to invest in cryptocurrencies and the money they earn to invest because they know that their money is losing value over time. Not Buffet, but we see it ourselves. Gold has risen, food has risen. The next item outside the supermarket will increase slowly until we realize it. |
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Being in an IEO makes it possible for the poor to join when having to hold too much money to get involved. IDO too, people are required to hold DEX tokens.
The ICO looks fairer to everyone, but the downside is that GAS WAR does it on Ethereum.
I want to participate in the ICO with a platform that gives users first-come-first-served tokens (fcfs) instead of gas war today. We need a more robust, high-speed, low-cost, and fairer blockchain platform to realize the above idea.
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Any coin could be the next Shiba. The community is promoting bad growth and that's not fair with real development projects.
The listing of Shiba on Binance is blasphemy, Binance is trying to please the community and attract profits from high volumes of trading. They've listed them with Sushi on their exchange as they do with Shiba now.
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It is more likely that DOGE will drop to as low as $ 0.2, $ 0.1, $ 0.06 and possibly lower. Apparently, DOGE is being manipulated by the Big boys. If one day Elon Musk turns his attention to another cryptocurrency instead of DOGE, then this project will be the end. DOGE's intrinsic value is not stable and is influenced by external factors. How the price increases, then reduce the price like that. Bitcoin has fallen in price to the $ 3000 - $ 4000 zone so DOGE could drop even lower.
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The answer will behold. The amount of ETH being withdrawn from exchanges increases. DEFI is making ETH more scarce. If ETH completely moves from POW to POS, it will need ETH to be included in the nodes. So ETH will be more scarce in the future. I think ETH will continue to increase in price until about $ 10,000 according to the traders' prediction
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Bitcoin's value comes from blockchain technology, strong decentralization, limited quantity, deflation over time, and immutability in data. The UK's cryptocurrency will be based on blockchain technology but managed by the Bank of England, it could be a modifiable central chain. The supply of the digital pound was limitless and under the control of the British government.
To beat Bitcoin, the UK digital currency needs a lot of effort to adopt it worldwide. They may take hundreds of years to do that but look at Bitcoin, it only took 10 years.
Obviously, Bitcoin outperforms and outperforms any other government-made currency.
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Bitcoin and cryptocurrencies have become the trend of the world, governments are actively researching and introducing crypto regulation laws.
That shows the world's acceptance of cryptocurrencies. They have to do it because otherwise, it will be out of date and out of time.
The future of Bitcoin is bright when ETFs launch, companies and hedge funds are investing in Bitcoin. Banks will launch Bitcoin storage services in the future.
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When the world has more money because governments have printed it to save the economy. Inflation is bound to happen, and that is in the wealth of the asset holders. Because more and more money is available, the money holders are seeing their money lose value. That means that cash flow has been and will flow into limited assets such as real estate, stocks, gold, Bitcoin, food ...
The more money, the more material and goods will increase in price to offset other production costs. We are in a new supercycle that comes after every economic downturn.
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Every market has market manipulators. From stocks, commodities, currencies and cryptocurrencies. I believe Bitcoin can also be manipulated by the richest people in the world. But the case of Bitcoin being manipulated by Tesla seems unlikely. The bitcoin market can only move in the long run when history shows it. Bitcoin will be scarce and if someone sells Bitcoin someone else will buy it even if Tesla sells all of their bitcoins. Tesla accepts Bitcoin to pay for electric cars, but not everyone with Bitcoin buys their car and not everyone with Bitcoin will pay Tesla cars with Bitcoin. So we shouldn't worry about Tesla manipulating the entire Bitcoin market.
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True and false in Bitcoin trading are quite fragile if we use derivative tools such as margin, futures contracts.
Most of the people who bought Bitcoin previously even at $ 20,000 in 2017, if they keep them up to this point they still have a pretty good profit. So it can be said that Bitcoin is suitable for a long-term hold. Making short-term investments with Bitcoin is risky.
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Markets are not entirely repeatable, but they do have things in common. I think that the law of pumping and pouring in the economy happens in every industry and every economy. So understanding the laws of economics is how we overcome adversity and profit from it.
We had the pound money market crash in the 1980s-1990s, the stock market crash, the real estate crash of 2008, and the oil market crash. the year 2020. In fact, in every major recession, a generation of billionaires is lost and a new generation is born. It is the result of grasping and manipulating economic laws.
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We should buy according to the trend of the market and according to the nature of each altcoin.
During the downtrend, many altcoins fell in price and they continued to decline in price.
So only buy altcoin while the market goes up because then we have a higher chance of winning.
Buying altcoins is by nature analyzing a coin based on the development of that coin and good news like system upgrades, listing on a good exchange, getting more investors ...
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Closing an account or not depends on local policies. In my country, the government just does not allow the use of Bitcoin for payment, but hoarding as an asset is not prohibited. That also means that they do not prohibit the use of bank accounts to buy Bitcoin.
If the Bitcoin you buy is due to an offense that means you are guilty of money laundering. That will cause your bank account to be closed.
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They are just trying to be an investment-oriented agency by offering 3 quality altcoins: UNI, LINK and LTC. Those cryptocurrencies have increased in value as the current market cap is flowing to altcoins.
There will come a day when they will have to change their opinion and perceive the value of Bitcoin.
This article is true now, but next year it will no longer be true. Because if one day Bitcoin goes into a downtrend, the above altcoins will drop dramatically (in my experience in a downtrend).
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China is just pioneering in technology and creating a national digital currency. They cannot make the yuan the number one currency in the world because countries like the US, the European Union, the UK are fighting against China.
To turn the digital yuan into an influential currency in China requires many economic agreements, with financial networks in all regions around the world.
The 1973 Petro Dollar Treaty is making the dollar more liquid than any other currency. The digital yuan is just one solution in China and it doesn't mean much compared to the world monetary system.
The biggest problem for the Digital Yuan is China's opacity as a partner. They can declare one thing and do another, they can hide or distort some data. This makes this asset, managed by the Chinese government, high-risk, low-predictable, which does not allow it to be used as a stable, secure solution. China is known for its sly contracts that benefit them. they are no different from the capitalist governments I know of. Their influence comes from expansion. I am seeing China invest in Africa, they come to take the resources of the countries and bring little value. The most recent is the belt and road projects. These countries are indebted to China. The consequence of the default is the price that must be paid to national territorial sovereignty. I believe that one-day African countries will use their digital yuan for transactions instead of their country's fiat currency. |
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China is just pioneering in technology and creating a national digital currency. They cannot make the yuan the number one currency in the world because countries like the US, the European Union, the UK are fighting against China.
To turn the digital yuan into an influential currency in China requires many economic agreements, with financial networks in all regions around the world.
The 1973 Petro Dollar Treaty is making the dollar more liquid than any other currency. The digital yuan is just one solution in China and it doesn't mean much compared to the world monetary system.
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