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Author Topic: People focus on the wrong thing.  (Read 12333 times)
traderethereum
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April 30, 2019, 12:53:23 AM
 #21

I am focus to save more bitcoin in many ways, and I am focus to make more money too Grin
We have a different focus, and some of us focus on one thing and the other focus on another thing.
But maybe we have one same focus which is we want to make a lot of money from cryptocurrency, and that is why we are gathered here to search for a way to save more and more.
Bitcoin and altcoin will be our way to be the focus and reach our goals.

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April 30, 2019, 02:01:58 AM
 #22

I am focus to save more bitcoin in many ways, and I am focus to make more money too Grin
We have a different focus, and some of us focus on one thing and the other focus on another thing.
But maybe we have one same focus which is we want to make a lot of money from cryptocurrency, and that is why we are gathered here to search for a way to save more and more.
Bitcoin and altcoin will be our way to be the focus and reach our goals.
right, many who think about joining the bitcoin business can easily make money in a short time. they don't seem to care about the essence of bitcoin. so that if the price is not as expected, panic starts to appear. and price becomes their focus

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April 30, 2019, 03:17:33 AM
 #23

I'll keep my bitcoins and cryptos as they are right now thank you. If you focus on fiat and the global debt, you would miss out on other opportunities to hedge the value of your money today, resulting into losses which you may have easily prevented had you not focused on the rising debt of the world. Bitcoin is already a great asset to hold during these times, same with gold and other precious metals. If one has to buy before the collapse happens, well ultimately they're the ones who would survive the mess so yeah, I'll take my bitcoins, please.

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April 30, 2019, 03:31:15 AM
 #24

I'll keep my bitcoins and cryptos as they are right now thank you. If you focus on fiat and the global debt, you would miss out on other opportunities to hedge the value of your money today, resulting into losses which you may have easily prevented had you not focused on the rising debt of the world. Bitcoin is already a great asset to hold during these times, same with gold and other precious metals. If one has to buy before the collapse happens, well ultimately they're the ones who would survive the mess so yeah, I'll take my bitcoins, please.
for now, bitcoin puts itself in the same position as other valuable assets such as gold. moreover with the increasing number of people who believe in bitcoin, it will make digital money more valuable
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April 30, 2019, 03:48:08 AM
 #25

Why focus on bitcoin price right now? focus on fiat: The quarter of a quadrillion dollars of world debt. The trillion dollars of debt the US alone adds each year. This is what to be looking at, because this is directly what gives bitcoin it's value.
But where is that debt comes from? Who is giving all those debts to the world?

The price of bitcoin is not its primary thing for people,its decentralization is what we need in the future to restrict banks from creating paper money and giving us in the name of debt.

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April 30, 2019, 05:33:22 AM
 #26

You're right. Bitcoin is not something magical internet/deep web money etc. It was born into this system as a response to the disaster of those fiat currencies, so the worse they get, the shinier bitcoin is.

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April 30, 2019, 06:25:08 AM
 #27

You're right. Bitcoin is not something magical internet/deep web money etc. It was born into this system as a response to the disaster of those fiat currencies, so the worse they get, the shinier bitcoin is.

 The more we attach the current value of bitcoin, the more we create aggressive decision. Somehow, bitcoin is really been a great potential asset in crypto world which resembled by many and it also introduced as a promising decentralize coin that accesible to people. And I think it is not a bad idea if we are focusing the current scenario with a consistent deliberation of possible consequences in appropriable way.
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April 30, 2019, 06:25:54 AM
 #28

Why focus on bitcoin price right now? focus on fiat: The quarter of a quadrillion dollars of world debt. The trillion dollars of debt the US alone adds each year. This is what to be looking at, because this is directly what gives bitcoin it's value.
So it's better we hold bitcoin, thats what you mean? because dollar may experience a decline in value in few days ahead. maybe it's a good idea, you're right many of us are too focused on the bitcoin market, so we are forget about other external factors. rising bitcoin prices because of dollar falls
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April 30, 2019, 07:04:45 AM
 #29

Why focus on bitcoin price right now? focus on fiat: The quarter of a quadrillion dollars of world debt. The trillion dollars of debt the US alone adds each year. This is what to be looking at, because this is directly what gives bitcoin it's value.

Correction : We should look for alternative solutions for that debt behaviour and how Bitcoin can be used to reduce that debt in the future. Give people a new innovative technology that might reduce their Banking "fees" and put back more money into their pockets to pay back their debt or give them a new technology that can be used to fuel new jobs that would help people to become employed.

Unemployment increase the tax burden on middle class citizens, because they need to pay more taxes to pay for social grants to support unemployed people, so by giving people more jobs, unemployment will go down and more taxes would be generated and less social grants would have to be paid. <This will put more money back into taxpayers pockets to pay off their debt.>  Wink

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April 30, 2019, 07:12:57 AM
 #30

The world debt is a quarter of a quadrillion usd. The USA is but a mere fraction of that. Pull your head out of your ass, it's not just the USA's problem.
When Nixon took the usd off the gold standard, destiny of collapse was put into motion. When Reagan cut taxes and bought expensive military toys with debt, this was the true beginning of the end. Soon, we shall see the end.

My head is in no one's ass, for a second.
You tell me about all of those American politicians who took debts to satisfy their needs and egos. What do I have with that? Besides the fact that such moves in past had effect on almost all people in the world. Due to their debs Americans made their best to put dollar in the head of all financial system. All countries suffer with that case. That's why alternative currencies, such as crypto attract so many attention today. That's what I'm saying.

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April 30, 2019, 08:17:37 AM
 #31

Why focus on bitcoin price right now? focus on fiat: The quarter of a quadrillion dollars of world debt. The trillion dollars of debt the US alone adds each year. This is what to be looking at, because this is directly what gives bitcoin it's value.
Because, bitcoins price is basically reflection of how much people can actually understand what you are saying. If people are going towards the bitcoin (or any crypto for that sense) instead of fiat that means we are finally seeing people fleeing from the never ending debt of fiat currency and than moving towards more legit and more worthy currency which is bitcoin. The bitcoin price is a way for us to see if new people are coming everyday running from that fiat world.

I cash out my fiat whenever I need to pay something but otherwise keep all my money in bitcoin at all times so it is kind of funny to think world debt has nothing to do with that, it has everything to do with it and when we focus on bitcoin price and see it going up we don't just feel happy that we are "richer" but we are happy that people finally see bitcoin as savior and not the devil.
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April 30, 2019, 09:06:59 AM
 #32

I consider that factor to affect on the value of bitcoin in the future.
One big factor that could affect bitcoin is from the outside news, the crypto space is still small, we need massive investors from the outside.
I'm seeing institutional money to come in the market, anything as the fiat world is having some big trouble.

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April 30, 2019, 09:10:37 AM
 #33

It is because it's hard for them to accept a digital currency that only few of the whole population of the world is using. They could feel the effects of hyperinflation but only light. They will only come to their senses only if a heavy blow to the economy due to inflation. That is the time they will transfer their fiat wealth to either crypto currency or other types of investments like golds and oils. The poor people will be affected of the inflation first and I feel pity for them if they don't act on their current states.
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April 30, 2019, 12:51:14 PM
 #34

i think so . focusing on fiat more better than focusing on btc price , fiat demand is more that bitcoin demand and it keep growing
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April 30, 2019, 12:56:18 PM
 #35

Yes in sometimes people will also know that we are going in a wrong way but only realise that at the end the problem is the guidance is not happening here for everyone to make their life peaceful like doing something so the people who had experience will definitely helpful for the other also.

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April 30, 2019, 01:34:09 PM
 #36

Why focus on bitcoin price right now? focus on fiat: The quarter of a quadrillion dollars of world debt. The trillion dollars of debt the US alone adds each year. This is what to be looking at, because this is directly what gives bitcoin it's value.
we need to consider about both the development because the cryptocurrency what is not only important for the life of any what we need to do something better for us in the concentration of normal currency also that's why I am getting your topic to a serious discussion.

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April 30, 2019, 02:19:52 PM
 #37

Why focus on bitcoin price right now? focus on fiat: The quarter of a quadrillion dollars of world debt. The trillion dollars of debt the US alone adds each year. This is what to be looking at, because this is directly what gives bitcoin it's value.

You have a point that fiat can lead to the increase of the bitcoin price but you forget that fiat is fully supported by banks and institutions and they keep distracting people from seeing that fiat ecosystem is not viable.
And apart from that, they keep trying on not revealing the disadvantages and the bad news of it, so we can fight them by promoting Bitcoin/cryptocurrencies and the user cases of cryptos that can give in our everyday lives.
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April 30, 2019, 04:07:44 PM
 #38

People focus on where they could benefit or gain a good profit. We can't force them to focus on something that would just stress them out. They actually focus their attention on Bitcoin which could give them financial freedom instead of debts. If they would focus on fiat, are they going to earn? That's the main thing to consider.

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April 30, 2019, 04:51:44 PM
Last edit: May 01, 2019, 10:50:04 AM by deisik
 #39

Why focus on bitcoin price right now? focus on fiat: The quarter of a quadrillion dollars of world debt. The trillion dollars of debt the US alone adds each year. This is what to be looking at, because this is directly what gives bitcoin it's value

If the debt figures fascinate you so much, you can stare at them all day (and all night)

But it is more likely that you will soon get tired rather than this debt will have any effect on Bitcoin's price. A simple reality check seems to be appropriate here. If the US debt is what gives Bitcoin its value, then why is Bitcoin so volatile given that the debt in question is only rising over time? Really, if they were in fact related, you couldn't possibly expect Bitcoin to crash from 20k down to almost 3k, right?


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April 30, 2019, 06:13:36 PM
 #40

Why focus on bitcoin price right now? focus on fiat: The quarter of a quadrillion dollars of world debt. The trillion dollars of debt the US alone adds each year. This is what to be looking at, because this is directly what gives bitcoin it's value.
We cannot completely focus on that, which is more or less like focusing on our problem instead of looking for solution, the debt you said US adds alone the major problem that they need to look at cryptocurrency and see how it can bring solution to it.

Bitcoin is not the problem, but the problem is the weak leaders that we all have that has almost milked us in the aspect of fiat, the fiat section has already gone bad through corruption worldwide and the reason why they keep incurring unnecessary debt is the involvement of third party in the transaction, and if they can apply blockchain technology, I believe they will have a long lasting solution to it.

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..PLAY NOW..
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