wallstone
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June 05, 2018, 08:47:59 PM |
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I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.
I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.
The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.
Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year. What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.
I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
What do you guys think? All thots are appreciated!
Indeed true. Currently cryptocurrency is a boom! Many people is interested with this - it is an asset for others, but still the cryptocurrency is not an official currency. Let's face the reality that cryptocurrency is just a currency in internet world. We should still need to convert it to cash to able to spend it. But one thing is I see with these cryptocurrency especially with Bitcoin - your money gain more, at the same time so still saving. Why? because since it is in the internet world you would not have a cash on hand which will be able to avoid spending it in not so needed things.
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syamster
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June 05, 2018, 10:19:40 PM |
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there are still very few people involved in cryptocurrency, most people in the world still rely on cash or paper money, the education of cryptocurrency is still very small, whereas cryptocurrency offers economic improvement, hopefully the government will open up and provide cryptocurrency education to their community.
That is mainly due to not many governments wants to use it. If governments put a restriction on dealing with cryptos then no businesses will accept cryptos. So if governments faster regulate this market then many people may show interest in crypto investments. In my country even though got a Bitcoin ATM but no shops either directly or online they will accept any cryptos then why common people will show the interest to invest in this high-risk coins? Only who believe in bitcoins will invest money so this market is still a small but not very small because it is growing slowly. Well that answers a lot of questions going on here. Same here, some merchants are already starting to acknowledge bitcoin and are only waiting for the governments go signal for regulations. We cannot also blame them, they are being cautious, and its not also a wise move to risk something without gaining and if there is, it is still below 50% chance of success. For me bitcoin is the most wanted and more profit worthy investment what never get down it will rise more and more, I am sure bitcoin will be high once again, investors are taking advantages of this volatility as they buy at low and sell high, taking rise increase our profit so we will have to buy at red and sell high, this way our economy is getting better day by day so we are earning more with bitcoin than our job, it is the economic situation which is getting better day by day.
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Solarex_ICO
Copper Member
Newbie
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Activity: 40
Merit: 0
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June 05, 2018, 10:53:23 PM |
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Even though economy is going up and up every day, the price of bitcoin is still dropping.
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micher143
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June 05, 2018, 11:50:06 PM |
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It's nice to know that economy are going much better and I believe that cryptosystem has a biggest part of it. This system is really helps ones economy because it's stabilizing the financial statement of a huge number of people in different country's so because of that it will also lighten up the condition of their economy. Cryptosystem really gives benefits to all of us.
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serverus
Member
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Activity: 238
Merit: 10
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June 06, 2018, 12:56:51 AM |
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Economy keeps on growing since many people are trying to engage in businesses that helps economy grow. Lots of people is already knowledgable about the stock marketand forensic . And now the world of cryptocurrency helps people to understand money system. Because of these many people will be finacially intellect and participate on growing the economy.
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Boldcom
Newbie
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Activity: 149
Merit: 0
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June 06, 2018, 01:18:32 AM |
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I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.
I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.
The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.
Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year. What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.
I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
What do you guys think? All thots are appreciated!
Cash is still widely used all over the world but we cannot deny the fact that cryptocurrecy is on the rise. Cashless society is very impossible but it can happen, to the 1st world countries I believe. Cryptocurrency is fast rising but it cannot totally replace the fiat currency.
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kenziefried
Newbie
Offline
Activity: 141
Merit: 0
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June 06, 2018, 05:21:14 AM |
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indeed with this crypto can make the economy of society to be good and can be better. but for the original money cannot be eliminated .. anyway it is our main money in doing the transaction.
The fluctuating market value of the bitcoin and other crypto currencies is something which can affect the earnings of the individual which has invested his money into the crypto coins but for now, it has not that much string influence that it can affect the economy of the country. It will only affect the economy of the country when the government will declare these crypto coins as a legal currency and will treat them like normal currencies.
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Getcoinsite
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June 06, 2018, 05:31:01 AM |
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I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.
I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.
The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.
Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year. What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.
I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
What do you guys think? All thots are appreciated!
What were only waiting is the acceptance of the world,were every people will believe and uses cryptocurrency.that they will trust blockchain and all platforms inside From this if started to happens im sure what youre thinking will become reality and increasingly growth will be on ours,i hope this will happen sooner
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Dimon8
Jr. Member
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Activity: 420
Merit: 1
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June 06, 2018, 06:23:13 AM |
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The modern world is changing very quickly. Technologies develop and with them the digital and crypto-currency world. In this development, huge amounts of money are invested, which are not always justified. This involves sharks (banks, trading houses, investment funds) in the world of finance. To compensate badly invested money, they raise the% of the interest rate on loans.
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Voidcrafter
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June 06, 2018, 06:43:32 AM |
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But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
In my opinion, your opinion is true. Why ? Indeed, cryptocurrency is now much interested, some people consider cryptocurrency as a valuable asset to them. but cryptocurrency has one weakness that is not the official currency. cryptocurrency is just a virtual currency in the digital world. so this is where another function of cash is to be a medium of exchange for cryptocurrency, so the selling value of cryptocurrency can be used for in the real world. I don't think it's minus for a cryptocurrency. I remember how electronic payment systems used to be for example Alertpay, Paypal, Solidtrustpay and others. All of them were also considered illegal before, and people did not understand how to regulate them. But then came up with their verification via credit and debit cards. I think that some ICO, with the best product, will soon lead over Visa and Mastercard/ Thus the issue will be solved with the legality and legitimacy of the cryptocurrency. The only question is when it happens.
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squog
Full Member
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Activity: 462
Merit: 100
ANONYMOUS MOBILE PAYMENTS
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June 06, 2018, 07:10:44 AM |
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Since we're closing the second quarter. I pretty much see that the third quarter will start to raise thebprices and stabilize it. I mean it's the same with the previous years it's just that this year we surfered a huge hit amd would take time to recover. The fourth quarter is where everything is at. It will shoot up to the roof guaranteed.
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speedy963
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June 06, 2018, 07:43:26 AM |
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But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
In my opinion, your opinion is true. Why ? Indeed, cryptocurrency is now much interested, some people consider cryptocurrency as a valuable asset to them. but cryptocurrency has one weakness that is not the official currency. cryptocurrency is just a virtual currency in the digital world. so this is where another function of cash is to be a medium of exchange for cryptocurrency, so the selling value of cryptocurrency can be used for in the real world. I don't think it's minus for a cryptocurrency. I remember how electronic payment systems used to be for example Alertpay, Paypal, Solidtrustpay and others. All of them were also considered illegal before, and people did not understand how to regulate them. But then came up with their verification via credit and debit cards. I think that some ICO, with the best product, will soon lead over Visa and Mastercard/ Thus the issue will be solved with the legality and legitimacy of the cryptocurrency. The only question is when it happens. There is no doubt about it, since crypto is at its infant stage and still it wasn't matured enough at this rate. Regulation of cryptocyrrency will also come at its right time, but as of now there are still some things that it needs to develop before it goes to the peak, so while it is still at its development stage let us just support all the way to the top.
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Bumblecoin
Newbie
Offline
Activity: 196
Merit: 0
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June 06, 2018, 07:48:54 AM |
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I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.
I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.
The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.
Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year. What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.
I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
What do you guys think? All thots are appreciated!
I am optimistic that this second quarter of the year is the start of the recovery of the market. Price will start to grow until the next quarter and it will be at its peak at the fourth quarter.
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sana54210
Legendary
Offline
Activity: 3346
Merit: 1128
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June 06, 2018, 09:13:43 AM |
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I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.
I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.
The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.
Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year. What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.
I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
What do you guys think? All thots are appreciated!
I disagree about cryptocurrency being the safest haven. For now, there probably nothing that the government and the oligarch can do about manipulating it, but just wait until it becomes globally indemand. Well, if you buy BTC now, it will for sure not go to 1$. For the people of Venezuela and Argentina and what not, this is better than their currency. And many currencies are headed that way. The economy of a person who knows about the market corners and its filling will get more benefit from Bitcoin and will be better financially. Similarly, countries with low or normal economies are now going good and improving more with the Bitcoin after its adoption these countries are now economically stable and better as the source they are using is the valuable currency and the economies are going better with the passage of time.
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Lorence.xD
Sr. Member
Offline
Activity: 1624
Merit: 315
Leading Crypto Sports Betting & Casino Platform
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June 06, 2018, 09:28:28 AM |
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Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year. What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.
I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
If people create money 'out of thin air', it will not help to overcome the inflation, because this money supply will not be controlled, so the amount of goods is likely to stay the same while the amount of money rises. Or is it not what you wanted to say about cryptocurrencies? They sure can overcome inflation in the sense that many have limited supply, but if there's an unlimited amount of currencies that are accepted as payment, then the inflation is not under control. When Economy of one country is growing it simply reflect that business financial institution of this government were able to balance the economic transaction as to supply and demand of commodities ( controlled business atmosphere for the country). But i see no relation to crypto currency transaction, it is decentralized, be it on trading in the market. I often time encountered this kind of reading about economy and the relationship to Bitcoin, until now, i can not see the relation except on the inflow of money after the huge return of investment from Bitcoin.
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justdimin
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June 06, 2018, 06:18:20 PM |
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You are very right mate! Things are not looking pretty good economically, and it is already showing some signals we are about hitting a new stage of possible global economic meltdown. Nevertheless, for some of us who already understand that this space means more than anything already as this would obviously make most enthusiasts and those who always use this period to move into gold, see cryptocurrency as another avenue to store up value pending when everything will calm down.
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Supercrypt
Legendary
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June 07, 2018, 08:18:59 AM |
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indeed with this crypto can make the economy of society to be good and can be better. but for the original money cannot be eliminated .. anyway it is our main money in doing the transaction.
The fluctuating market value of the bitcoin and other crypto currencies is something which can affect the earnings of the individual which has invested his money into the crypto coins but for now, it has not that much string influence that it can affect the economy of the country. It will only affect the economy of the country when the government will declare these crypto coins as a legal currency and will treat them like normal currencies. Cashless society is not impossible, most developed world hardly go around with cash these days even without their involvement in cryptocurrency, at least I hardly do since everything has gone digital for a while now. This is not even the case of debate as what is being talked about here is the diversion of funds into cryptocurrency as a store of value in case we get to have some period of high inflation, things going bad economically, and people trying to get a safe haven to place their money for value storage. This is likely but at the same time, we sure know it would really be likely for those who may actually be learned enough to understand how the space works as some are still limited in a way as a result of accessibility.
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suraza21
Newbie
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Activity: 126
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June 07, 2018, 08:51:28 AM |
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But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
In my opinion, your opinion is true. Why ? Indeed, cryptocurrency is now much interested, some people consider cryptocurrency as a valuable asset to them. but cryptocurrency has one weakness that is not the official currency. cryptocurrency is just a virtual currency in the digital world. so this is where another function of cash is to be a medium of exchange for cryptocurrency, so the selling value of cryptocurrency can be used for in the real world. Economists like the sine in mathematics are always up and down, and each day there is a certain degree of oscillation that depends on many factors including oil prices or political instability. there is oscillation
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mersal
Member
Offline
Activity: 1204
Merit: 38
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June 07, 2018, 09:09:32 AM |
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But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
In my opinion, your opinion is true. Why ? Indeed, cryptocurrency is now much interested, some people consider cryptocurrency as a valuable asset to them. but cryptocurrency has one weakness that is not the official currency. cryptocurrency is just a virtual currency in the digital world. so this is where another function of cash is to be a medium of exchange for cryptocurrency, so the selling value of cryptocurrency can be used for in the real world. Economists like the sine in mathematics are always up and down, and each day there is a certain degree of oscillation that depends on many factors including oil prices or political instability. there is oscillation The development of the bitcoin is more and more higher and higher than before but not in value we cannot decide what can we do now it will be confusing for investment ao wait for sometimes.
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ylnar123
Member
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Activity: 350
Merit: 10
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June 07, 2018, 09:30:33 AM |
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But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.
In my opinion, your opinion is true. Why ? Indeed, cryptocurrency is now much interested, some people consider cryptocurrency as a valuable asset to them. but cryptocurrency has one weakness that is not the official currency. cryptocurrency is just a virtual currency in the digital world. so this is where another function of cash is to be a medium of exchange for cryptocurrency, so the selling value of cryptocurrency can be used for in the real world. Economists like the sine in mathematics are always up and down, and each day there is a certain degree of oscillation that depends on many factors including oil prices or political instability. there is oscillation The development of the bitcoin is more and more higher and higher than before but not in value we cannot decide what can we do now it will be confusing for investment ao wait for sometimes. As of today Bitcoin is confusing the public whether it is still good to invest or not. But what I can say about this is, Bitcoin will always worth it for our investment in a long term basis.
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