Fiat currency value and Economy debt

[Polo7]

I think after economy  boom and the end of huge debt wich will be never repayed there will be Economy slow down and fiat currency Will have huge value!!
During the boom assets Prices going up... So More money Will Go the asset owners Once boom is over the most of the money Will be hands of the rich... Everybody Will be debted... Simply everybody is looking for money but simply there Will be significant smaller ammount of the money.

So in my opinion Bitcoin Can Go up like 100k to 500k.  Even 1 milj.... But at the end it will crash. 
And after crash the fiat currency Will have biggest purache power.  Crypto Will be zero. 


The point is that  debt and quantive easing will Give at the End More value to fiat currency!

So those who talking about fiat currency devaluatiion or so You are all wrong.

[Oilacris]

~

I'm not an Economics expert but I don't really like for BTC to be discussed specially when it comes to its price hitting up 100k - 1M usd price.

We can presume all we want but the reality would always slapped you down to the core.Just let things happen as it should be yet we cant
change it off in the first place.

[mdgabrielzim]

100k, 500k? I don't believe he goes that far. But let's just say that impotetically he gets this value, don't you think that when he achieves that feat there would be millions and billions of people using btc around the world? In my opinion if it reaches these values ​​or anything close to it, it would hardly fall again.

[chaoscoinz]

I myself don't have a clue in what direction any of the economies around the world will take, as far as financial and regulatory concerns go, but I do know this, Bitcoin and other cryptocurrencies that are blockchain related may never replace fiat, but they do act as stores of value and many compare it to gold.
  To see the price reach around $20,000 again seems unrealistic any time soon, but one day it may even surpass it's all time high. I just hope that when it does, it isnt from pumped up inflation again.

[panganib999]

I think after economy  boom and the end of huge debt wich will be never repayed there will be Economy slow down and fiat currency Will have huge value!!
During the boom assets Prices going up... So More money Will Go the asset owners Once boom is over the most of the money Will be hands of the rich... Everybody Will be debted... Simply everybody is looking for money but simply there Will be significant smaller ammount of the money.

So in my opinion Bitcoin Can Go up like 100k to 500k.  Even 1 milj.... But at the end it will crash. 
And after crash the fiat currency Will have biggest purache power.  Crypto Will be zero. 


The point is that  debt and quantive easing will Give at the End More value to fiat currency!

So those who talking about fiat currency devaluatiion or so You are all wrong.

No one could predict it correctly but there are possibilities that you're assumptions could make sense but surely not guaranteed at all. Let's say that you're upbringings about bicoin's price will really take place and will reach 100k usd to 1 million, once people knew about it, they will surely do a  massive patronage of bitcoin because of its price then drive bitcoin's price even more higher, if that's the case, I don't think it will still fall for there are lots of users  and they will be the one feeding the movement.

[Google+]

it is true that debt can make economic conditions unfavorable as happens in a country that has a lot of debt and at this time the country is no longer valuable, its financial condition is not good, if you are concerned about bitcoin which has a limited total supply and demand is also very I don't think it can influence the world economic conditions.

[blckhawk]

We cannot say it would even hit those prices. However, you're right, great debts made to invest would fireback and crash of prices would happen, economic crisis is yet to start again. However, the same is true with fiat. With more debt to purchase, and higher prices, leads to crisis. But I don't think that would happen even if the next halving occurs. We just need to wait and handle the situation to make the most out of it.

[Periodik]

I think after economy  boom and the end of huge debt wich will be never repayed there will be Economy slow down and fiat currency Will have huge value!!
During the boom assets Prices going up... So More money Will Go the asset owners Once boom is over the most of the money Will be hands of the rich... Everybody Will be debted... Simply everybody is looking for money but simply there Will be significant smaller ammount of the money.

So in my opinion Bitcoin Can Go up like 100k to 500k.  Even 1 milj.... But at the end it will crash. 
And after crash the fiat currency Will have biggest purache power.  Crypto Will be zero. 


The point is that  debt and quantive easing will Give at the End More value to fiat currency!

So those who talking about fiat currency devaluatiion or so You are all wrong.

This is just your wild imagination playing on you. Bitcoin can go up to 100,000 USD to 500,000 USD in the future. That is a possibility, but a very far one. If that happens, that will already be around the year 2150. By that time, people will not even use USD anymore to measure Bitcoin's price. USD is already a thing of the past only found in the museum. So if Bitcoin will crash by that time, there is no fiat to go back to. In that era, you are like going back to the primitive age if you go back to fiat.

[AniviaBtc]

I think after economy  boom and the end of huge debt wich will be never repayed there will be Economy slow down and fiat currency Will have huge value!!
During the boom assets Prices going up... So More money Will Go the asset owners Once boom is over the most of the money Will be hands of the rich... Everybody Will be debted... Simply everybody is looking for money but simply there Will be significant smaller ammount of the money.

So in my opinion Bitcoin Can Go up like 100k to 500k.  Even 1 milj.... But at the end it will crash. 
And after crash the fiat currency Will have biggest purache power.  Crypto Will be zero. 


The point is that  debt and quantive easing will Give at the End More value to fiat currency!

So those who talking about fiat currency devaluatiion or so You are all wrong.

In reality, economy debt can bring unnecessary conditions that can lead to a country's economical problem. It will lead to a financial regression, but bitcoin can help us to help our economy to grow more but it just limited and finite, but that doesn't matter when it comes to global economic state or condition.

[alexsandria]

~

I'm not an Economics expert but I don't really like for BTC to be discussed specially when it comes to its price hitting up 100k - 1M usd price.

We can presume all we want but the reality would always slapped you down to the core.Just let things happen as it should be yet we cant
change it off in the first place.

He sounds like he came from future. We can go mess around saying that this and that would happened and then will result in totally unimaginable situation just as his stated. First thing first, we cannot already say that bitcoin would go 100k - 1M as today's market flow aren't progressing towards even in one fourth of 100k. Nevertheless, that is not even a way how economics works like if crypto goes sky-rocketted and then crashed economy will slow-down, of course not, crypto is decentralized on very top of that no one is even the main authority in crypto platform so it doesn't even affect economics in a way that crypto is highly dependent in that.

[styca]

I think after economy  boom and the end of huge debt wich will be never repayed there will be Economy slow down and fiat currency Will have huge value!!
During the boom assets Prices going up... So More money Will Go the asset owners Once boom is over the most of the money Will be hands of the rich... Everybody Will be debted... Simply everybody is looking for money but simply there Will be significant smaller ammount of the money.

So in my opinion Bitcoin Can Go up like 100k to 500k.  Even 1 milj.... But at the end it will crash. 
And after crash the fiat currency Will have biggest purache power.  Crypto Will be zero. 


The point is that  debt and quantive easing will Give at the End More value to fiat currency!

So those who talking about fiat currency devaluatiion or so You are all wrong.

I don't really understand your argument. QE doesn't give more value to fiat, it does the opposite. I agree that society is set up in such a way that money moves in general from the poor to the rich, yes, this is unfair and unacceptable, and the links between government and the financial industry are a cause for concern. Bitcoin as a currency can remove some of that government power and help us move towards a more egalitarian society. There is no reason given as to why BTC will hit $500k-$1m, and then crash - you need to explain why you think this will happen. Personally I think that BTC will continue to increase in value over the long-term, no idea whether it will hit the highs you mentioned, but I think at some point as it enters the mainstream, the big price increase will stop and BTC will reach a natural price as a store of value, similar to gold or anything else. Orders-of-magnitude increases are not sustainable, and are are part of the early (yes it's still early) development and establishment of the coin.

[CryptoBry]

So in my opinion Bitcoin can go up like 100k to 500k, even 1 million. But at the end it will crash. And after crash the fiat currency will have the biggest purchase power.  Crypto will be zero. 

Thanks for your very optimistic prediction on how much Bitcoin can go. Just like John McAfee, you must be a strong believer and fan of Bitcoin. Bitcoin can go as high as 1 million, why not, anything is possible here but I would assume that it can take decades before we can get there. We don't have to listen to many outrageous projections as they are just junks, selling ideas and opinions which may have no real basis at all. Let's always go back to reality whenever there is that tempting and enticing pull of fantasies and dreams. On the other side of the table, after the bull run you are predicting that cryptocurrency can be back to zero after holders convert their holdings to fiat money when it reached the ATH. I would not argue with you on that as the premise of the proposition is quite shaky and can really be impossible to happen. I can sense you are really trying to tell a message here and I think I catch that. Just continue on sharing and we will be here for you.

[Strongkored]

I see that you only think that BTC is a tools for rich people to get richer, and your statement that BTC will reach a high price is not even impossible 1Mil then crash does further illustrate that BTC is bubble same a a tulip.
It is difficult to predict the future of BTC will be like, but it is too early to say that BTC will crash.

[Eclipse26]

Personally, it's hard for me to understand the whole context and logic. Maybe because of the construction.
I don't really underestimate fiat since both of them can work together. And I don't believe that crypto will be zero or even reach that price you have mentioned. It would be great if it will happen but that does not mean after that, its value will be zero. Yes, after its peak, the next move is to go down but not to the point it'll have no value. How you point things out seems like it's just as easy as it is but I don't think so.

[lobat999]

So in my opinion Bitcoin Can Go up like 100k to 500k.  Even 1 milj.... But at the end it will crash. 
And after crash the fiat currency Will have biggest purache power.  Crypto Will be zero. 

Sounds like an interesting hypothesis but I would like also to assume that by the time Bitcoin reaches $1 million, it has already reached massive global audience and has enormous influence over world economies that if it is bound to crash, then the world economy will go with it but I think this doomsday prediction will likely not happen.

[sheenshane]

So in my opinion Bitcoin Can Go up like 100k to 500k.  Even 1 milj.... But at the end it will crash. 
And after crash the fiat currency Will have biggest purache power.  Crypto Will be zero. 

Sounds like an interesting hypothesis but I would like also to assume that by the time Bitcoin reaches $1 million, it has already reached massive global audience and has enormous influence over world economies that if it is bound to crash, then the world economy will go with it but I think this doomsday prediction will likely not happen.

Let's assume but I think it will take another 10 years from now before it will reach that price. That is likely impossible to happen and I don't bother my self just thinking a very far prediction and unlikely to happen. What does OP mean crypto will be zero? As long as Bitcoin or crypto, in general, is on mainstream that is to become zero value.

I would prefer to say this, who knows what will happen in the future. That is unpredictable, let just wait and instead help the crypto market to have massive adoption.

[bering]

I feel like you were talking about the power of fiat and at what price bitcoin will be reached but eventually bitcoin can never defeat the power of fiat because you says although someday bitcoin will reached 500k or even 1 million per btc but it will possible to crash someday but fiat seems never losing it value and can utilize the crash of bitcoin became the biggest purchase power in the world

[Silberman]

So in my opinion Bitcoin Can Go up like 100k to 500k.  Even 1 milj.... But at the end it will crash.  
And after crash the fiat currency Will have biggest purache power.  Crypto Will be zero.  


The point is that  debt and quantive easing will Give at the End More value to fiat currency!

So those who talking about fiat currency devaluatiion or so You are all wrong.

Thiers’ law the reverse of the Gresham’s law states that under certain circumstances bad money can drive the price of good money up, and that is basically what you are describing on the first part of your post, and while a crash of the price of bitcoin is possible since most likely it will be in a bubble I do not see how it will go to zero, Zimbabwe is the perfect example of this, no one wanted to accept the official currency and it became worthless, so how does something that is worthless survives while good money collapses?

[NathanJB]

Why do you think that after Bitcoin reaches 100k up to 500k or even 1 million USD, it will crash? Is it necessary in your theory that after reaching that high price, it must crash? Because as for me, if Bitcoin will reach that high, there will be some level of stability because transactions as well as people's Bitcoin ownership will be reduced to a few sats already. That means there will be no more large whales that could manipulate the price.

If Bitcoin reaches 100k up to 1 million, that means fiat is already dead.

[kryptqnick]

I think after economy  boom and the end of huge debt wich will be never repayed there will be Economy slow down and fiat currency Will have huge value!!
During the boom assets Prices going up... So More money Will Go the asset owners Once boom is over the most of the money Will be hands of the rich... Everybody Will be debted... Simply everybody is looking for money but simply there Will be significant smaller ammount of the money.

So in my opinion Bitcoin Can Go up like 100k to 500k.  Even 1 milj.... But at the end it will crash. 
And after crash the fiat currency Will have biggest purache power.  Crypto Will be zero. 


The point is that  debt and quantive easing will Give at the End More value to fiat currency!

So those who talking about fiat currency devaluatiion or so You are all wrong.

It seems to me that it's not us being wrong but you are. Fiat is designed to lose value over time. It's considered natural and even good to have steady rates of inflation. As for the debt, it increases the motivation to print more and more banknotes to finally get rid of the debt and that can cause hyperinflation and the eventual crash of the currency. And if we add cryptocurrencies to all that, I think that they are the only thing that can save the economy is major fiat currencies collapse. Because even though they are volatile, at least they cannot be controlled by people that much and explode.