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Author Topic: Your Prediction For A Crypto / Fiat Flippening?  (Read 306 times)
pooya87
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May 01, 2019, 02:16:26 AM
 #21

first of all you are confusing "blockchain technology" with "cryptocurrency", secondly your analogy is off the mark.
what you said is like being in 20-30 years ago and when the first computers came out ask whether there will be any "digital" currency or digital banking using computers versus asking whether someday everyone would use YOUR bank.
with that said, the blockchain technology has a high chance of being adopted by the whole banking system and the "money" as we know it today which is partly physical (cash) and partly digital (the banking system, credit cards, online payments,...) will change its form to crypto-currency but that doesn't mean "A cryptocurrency" is going to be the one coin they all use. it is just money changing its form.

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alonelyorange
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May 01, 2019, 02:57:40 AM
 #22

My prediction about cryptocurrency bitcoin and altcoin will be more profitable at the future with raised to higher price, by many companies have accepted bitcoin I think right now is the best moment for us to invest in bitcoin and altcoin.
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May 01, 2019, 03:21:40 AM
 #23

This absence of authority to regulate Bitcoin (and other Cryptocurrency) is expected to eliminate unnecessary costs such as those currently in force in the world financial system. These costs are considered as things that burden many people and make the economic system ineffective.
darkr
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May 01, 2019, 03:15:50 PM
 #24

My prediction about cryptocurrency bitcoin and altcoin will be more profitable at the future with raised to higher price, by many companies have accepted bitcoin I think right now is the best moment for us to invest in bitcoin and altcoin.

Even if their price does not go up greatly, the demand in the cryptocurrencies will be great. With the development of blockchain, people start to understand they need Bitcoin and altcoins.
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May 01, 2019, 04:10:36 PM
 #25

I think you're asking when the fiat jubilee will arrive.  The nature of the Jubiliee is that it can't be predicted.  It will seem far off and impossible for longer than you think possible, then it will arrive more suddenly than you thought possible.  When debts are almost all valued in a fiat unit, and that unit becomes worthless, those debts are effectively forgiven.  From a subjective standpoint this couldn't come soon enough, however your 2030 estimate might be reasonable.  To be prepared for the worst, consider that it might take until 2040 or even longer. 
 

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May 01, 2019, 08:31:08 PM
 #26

It will probabily never surprass... The money is constantly being made while Crypto mining becomes less and lesser by day due to halvings and everything else related to specific algorithms.
Unless Crypto production amount becomes > money / fiat production amount i am not seeing how much Crypto could "beat" fiat amounts.

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jake zyrus
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May 02, 2019, 01:30:27 AM
 #27

It's really hard to predict or say specific year since we never know how fast the adoption can happens and its limit. Even though great mass adoption may happen, of course it has its own limitations. Some government may legalized crypto but I bet, they won't let crypto to surpass fiat. But let's not remove the possibility it might happen, but I think it will take a lot of time before it can happen

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