HannahGoFighting (OP)
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February 21, 2020, 02:07:40 AM |
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In September 2019, Gallup released a poll in which 49% of Americans believe the U.S. economy would fall into recession, 9% higher than the one polled before the 2008 financial crisis. The world situation is turbulent after entering 2020. US-Iraq conflicts continue, the China-U.S. relation on a tight rope, coupled with the broken out of regional financial crisis over the years, the public’s fear of recession is growing. The rising price of insurance assets also indicates that more people are preparing for the financial crisis.
Since the value consensus of Bitcoin has been formed and is widely acknowledged, many people chose Bitcoin as a safe-haven when regional financial crisis occur. However, as Bitcoin transactions become increasingly dependent on centralized exchanges, some regions set limitation on Bitcoin transactions by controlling exchange platforms. The advent of VDS once again frees up the privacy in Bitcoin transactions, we can convert Bitcoin safely into Vollar through VDS’s resonance trade. When you choose Vollar as the property category, its build-in decentralized and distributed trading mechanism will transform your Vollar into the type of wealth you desire in a secured manner.
Vollar is the only circulating medium in VDS ecosystem. Bitcoin can be converted into Vollar through resonance trade, and Vollar can be converted into any currency through the built-in decentralized OTC function. Similarly, you can exchange fiat for Vollar with OTC and then convert Vollar into Bitcoin. Every function is decentralized within VDS, so your transactions are completely free.
Bitcoin can not only be freely traded but also appreciate in value after being converted into Vollar. First of all, VDS utilizes blockchain technology to allow everyone to build their cash flow channel through multi-layer interpersonal fission promotion. This is called the Trust Stamp system, through which everyone can get a continuous flow of cash while VDS gets an exponentially growing user base. As the users grow rapidly, so will the demand for Vollar. Meanwhile, VDS also incentivize people to build super master nodes with high income such as transaction fee and issuance rewards to expand and maintain the stability of the network, and enhance user experience. The construction of super master node takes 10,000 Vollar as a deposit. After the establishment, super master node will receive a steady stream of income, and consequently with the decrease in circulation volume, the 10,000 Vollar deposit will also appreciate in value. Super master nodes will continue to grow, which cast a positive control of Vollar circulation and make the market in short supply, price will inevitable climb. In conclusion, VDS not only start a channel for Bitcoin holders to achieve freedom of wealth through resonance trade, but also conduct a permanent value-added wealth management for those who participate in VDS ecosystem.
The biggest impact of the outbreak of financial crisis on people is not only the asset depreciation caused by inflation, but also the decline in employment. It is not enough to simply choose a safe-haven to deal with financial crisis, we need to ensure our source of income. VDS turns interpersonal relationships into cash flow through the Trust Stamp System from which we can obtain a steady stream of revenue. Or we could build super master nodes to provide network service to earn profits. In response to the centralized financial crisis, a decentralized Bitcoin may be the best choice as safe haven. VDS brings decentralization and freedom back to Bitcoin and boost potential appreciation. These two march together and complement each other.
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el kaka22
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February 21, 2020, 05:25:05 PM |
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Thinking that economy will belly up is not really something new, it is a 3000 year old tradition in humanity because unfortunately finance never lets us down when we expect it to let us down.
Just because we lived the 2008-09 era do not think that it was the first one, in the past thousands of years of humanity there has always been bubbles and there has always been crashes that go beyond everything we see on regular days right now when you live in a decent nation, even the biggest roman empire of the time had hard time paying for food, water and wine the basic things for life in those times. Sure there will be another financial crisis one day, but that doesn't mean we have to do anything different with our lives, because it will happen and it will leave.
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kryptqnick
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February 21, 2020, 05:58:58 PM |
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In September 2019, Gallup released a poll in which 49% of Americans believe the U.S. economy would fall into recession, 9% higher than the one polled before the 2008 financial crisis. The world situation is turbulent after entering 2020. US-Iraq conflicts continue, the China-U.S. relation on a tight rope, coupled with the broken out of regional financial crisis over the years, the public’s fear of recession is growing. The rising price of insurance assets also indicates that more people are preparing for the financial crisis. The biggest impact of the outbreak of financial crisis on people is not only the asset depreciation caused by inflation, but also the decline in employment. It is not enough to simply choose a safe-haven to deal with financial crisis, we need to ensure our source of income. VDS turns interpersonal relationships into cash flow through the Trust Stamp System from which we can obtain a steady stream of revenue. Or we could build super master nodes to provide network service to earn profits. In response to the centralized financial crisis, a decentralized Bitcoin may be the best choice as safe haven. VDS brings decentralization and freedom back to Bitcoin and boost potential appreciation. These two march together and complement each other.
I've been thinking in a very similar way. I am not American, but I do believe that the world economic crisis is on its way, and this one might hurt more than the previous one. I think it might even bring the end of fiat with the dollar collapsing and major currencies following shortly afterward. If this happens, all of the assets and currencies might be down for a while, and I am not sure Bitcoin is an exception. In the aftermath, however, Bitcoin might be the savior for reasons you've covered (mainly since it's not susceptible to hyperinflation as it doesn't have an unlimited supply). In that situation, however, a solution to make global adoption truly possible would have to come asap.
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BrewMaster
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In September 2019, Gallup released a poll in which 49% of Americans believe the U.S. economy would fall into recession, 9% higher than the one polled before the 2008 financial crisis.
what some statistics tell you people believe doesn't matter. 100% of them could believe something happen and that thing can still not happen or vice versa. However, as Bitcoin transactions become increasingly dependent on centralized exchanges, some regions set limitation on Bitcoin transactions by controlling exchange platforms.
that is not true at all. bitcoin transactions have never been dependent on centralized exchanges and will never be. bitcoin remains the same decentralized currency that doesn't need any third party to be "transferred". nowadays people choose centralized exchanges to trade bitcoin and dump their fiat for bitcoin but the transactions still remain independent. Vollar is the only circulating medium in VDS ecosystem.
just another garbage altcoin
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There is a FOMO brewing...
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HannahGoFighting (OP)
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February 22, 2020, 03:19:42 AM |
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Thinking that economy will belly up is not really something new, it is a 3000 year old tradition in humanity because unfortunately finance never lets us down when we expect it to let us down.
Just because we lived the 2008-09 era do not think that it was the first one, in the past thousands of years of humanity there has always been bubbles and there has always been crashes that go beyond everything we see on regular days right now when you live in a decent nation, even the biggest roman empire of the time had hard time paying for food, water and wine the basic things for life in those times. Sure there will be another financial crisis one day, but that doesn't mean we have to do anything different with our lives, because it will happen and it will leave.
Appreciate your optimism. But still, I’d much prefer to ensure my source of income.
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Kimberlyfraser
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February 22, 2020, 07:05:54 AM |
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In September 2019, Gallup released a poll in which 49% of Americans believe the U.S. economy would fall into recession, 9% higher than the one polled before the 2008 financial crisis.
what some statistics tell you people believe doesn't matter. 100% of them could believe something happen and that thing can still not happen or vice versa. However, as Bitcoin transactions become increasingly dependent on centralized exchanges, some regions set limitation on Bitcoin transactions by controlling exchange platforms.
that is not true at all. bitcoin transactions have never been dependent on centralized exchanges and will never be. bitcoin remains the same decentralized currency that doesn't need any third party to be "transferred". nowadays people choose centralized exchanges to trade bitcoin and dump their fiat for bitcoin but the transactions still remain independent. Vollar is the only circulating medium in VDS ecosystem.
just another garbage altcoin Disagree, statistics are for scientific analysis. I doubt it you never take statistics into consideration before making decisions. You buy or sell Bitcoin from exchanges is part of the transaction where your cash flow can be traced. I recommend you read more about the project before calling it garbage altcoin.
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fiulpro
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February 22, 2020, 11:03:22 AM |
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Bitcoins is not the safe heaven in any case . I love bitcoins but when we talk about the financial crisis we need to understand that the values are gonna fall , values of everything, even bitcoins , therefore one must understand that they should not keep all their savings in a volatile market because sooner or later it might change the value and cause great distress . It is amazing for trading and in the days of crisis one can rely on bitcoins for a job I would say , since am not sure if the government will be able to provide one , even right now they are not able to do anything.
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Assface16678
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February 22, 2020, 12:55:09 PM |
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Bitcoins is not the safe heaven in any case . I love bitcoins but when we talk about the financial crisis we need to understand that the values are gonna fall , values of everything, even bitcoins , therefore one must understand that they should not keep all their savings in a volatile market because sooner or later it might change the value and cause great distress . It is amazing for trading and in the days of crisis one can rely on bitcoins for a job I would say , since am not sure if the government will be able to provide one , even right now they are not able to do anything.
Today we all know that the cryptocurrency is one of the most popular currency today and many people would like to join into the world of crypto because they see the possible earnings we can get on this. Even the cryptocurrency is encrypted and decentralized we cannot deny that there is a possibility that it is getting hacked even the technology is getting more stronger and secures still the people that are knowledgeable into the world of technology too are improving. Some of them are making some study and learning how they can break the rules. Still, many people want to make investments on it, but we all know that the crypto is risky too because the market price is very volatile and you cannot complain if you lose your money because it is decentralized. We are looking forward to earning, and one of the keys to success is the knowledge always look and aim for the goal to make earning if you think it is enough just rest and if you are still confident you may go and pursue your profit.
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20kevin20
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February 22, 2020, 01:11:10 PM |
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Sounds like a Vollar advertisement disguised in an article to me. Moving from Bitcoin to another currency doesn't help with anything and won't make anything better. Bitcoin is great the way it is today and whatever you'd like to talk about, with the exception of a few coins such as Monero, pretty much any coin you'd like to talk about is more "centralized" than BTC.. For me it is the best asset you can own during hard times. Send all your wealth to a piece of paper, put it in your pocket and go wherever you'd like around the world without any fear of someone finding out you've got a ton of metal or a bag of banknotes with you. The anti inflationary structure of it also guarantees there's no way someone's going to pour a billion BTC into circulation at any given time. Is there anything better than this to own to protect our wealth from the crisis? ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Yatsan
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February 22, 2020, 01:18:27 PM |
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Bitcoins is not the safe heaven in any case .
hmmm I'm quite doubtful about this one, if digital currency is not the safe haven in financial crisis then what? I love bitcoins but when we talk about the financial crisis we need to understand that the values are gonna fall , values of everything, even bitcoins , therefore one must understand that they should not keep all their savings in a volatile market because sooner or later it might change the value and cause great distress . It is amazing for trading and in the days of crisis one can rely on bitcoins for a job I would say , since am not sure if the government will be able to provide one , even right now they are not able to do anything.
You are right values are gonna fall so what do you need to do? Assets like precious metal are going to increase in price, physical assets will get the same too. Once the financial crisis is on, the digital world will shake receiving a lot of injections because no one has the control to it. We see the world getting high-tech and so digital assets will be a thing, I'm not saying to buy bitcoin when such thing happens but telling how good bitcoin in escaping that event coz virtual and real world are different. Guess there will be more affordable cryptocurrency when that time comes, bitcoin will soar and so its transaction fees too.
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samcrypto
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February 22, 2020, 10:07:15 PM |
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Everything can happen during a financial crisis, any financial market will be affected but since bitcoin moves on a different trend and market I think it can be a safe haven for investors since it doesn’t connect directly with the economy of one country. We can’t say this thing confidently but if you’re living to a country under the hyper inflation right now maybe bitcoin is indeed the safest currency for you, we didn’t know unless we experience it.
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Maebeo2017
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February 23, 2020, 07:16:19 AM |
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In September 2019, Gallup released a poll in which 49% of Americans believe the U.S. economy would fall into recession, 9% higher than the one polled before the 2008 financial crisis. The world situation is turbulent after entering 2020. US-Iraq conflicts continue, the China-U.S. relation on a tight rope, coupled with the broken out of regional financial crisis over the years, the public’s fear of recession is growing. The rising price of insurance assets also indicates that more people are preparing for the financial crisis. The biggest impact of the outbreak of financial crisis on people is not only the asset depreciation caused by inflation, but also the decline in employment. It is not enough to simply choose a safe-haven to deal with financial crisis, we need to ensure our source of income. VDS turns interpersonal relationships into cash flow through the Trust Stamp System from which we can obtain a steady stream of revenue. Or we could build super master nodes to provide network service to earn profits. In response to the centralized financial crisis, a decentralized Bitcoin may be the best choice as safe haven. VDS brings decentralization and freedom back to Bitcoin and boost potential appreciation. These two march together and complement each other.
I've been thinking in a very similar way. I am not American, but I do believe that the world economic crisis is on its way, and this one might hurt more than the previous one. I think it might even bring the end of fiat with the dollar collapsing and major currencies following shortly afterward. If this happens, all of the assets and currencies might be down for a while, and I am not sure Bitcoin is an exception. In the aftermath, however, Bitcoin might be the savior for reasons you've covered (mainly since it's not susceptible to hyperinflation as it doesn't have an unlimited supply). In that situation, however, a solution to make global adoption truly possible would have to come asap. I think global recession and economic breakdown is already happening and on its way to become full blown, with the above points duly noted by the poster above, added to the fact that the deadly NCOV corona virus seems to be spreading into different countries and region and there seems to be no cure and no stop to it, with china affected I am pretty sure that the rest of the world have started getting an impact to china meltdown. Bitcoin still remains the last hope if all thins currency and economy goes south.
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Pmalek
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February 23, 2020, 08:23:33 AM |
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I don't think we are close to calling Bitcoin a safe haven for investments yet. Many experts have said the same. Bitcoin is still trying to find its price. Will it be worth $10.000 per coin, $100.000 per coin, or $1.000 per coin. We still don't know. The volatility and scalability still keeps Bitcoin back. Big investors don't want to risk losing 15% of their multi-million investments in the space of a few hours. And Bitcoin can do that, or it can do the exact opposite.
One day we will get there but it is going to be a bumpy road and patience will be needed.
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HannahGoFighting (OP)
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February 24, 2020, 06:22:58 AM |
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Bitcoins is not the safe heaven in any case . I love bitcoins but when we talk about the financial crisis we need to understand that the values are gonna fall , values of everything, even bitcoins , therefore one must understand that they should not keep all their savings in a volatile market because sooner or later it might change the value and cause great distress . It is amazing for trading and in the days of crisis one can rely on bitcoins for a job I would say , since am not sure if the government will be able to provide one , even right now they are not able to do anything.
I don’t think value of crypto with real utility will fall, even in the times of crisis, that’s when we’re in desperate need to find something to lean on, right?
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AniviaBtc
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February 24, 2020, 02:45:09 PM |
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In September 2019, Gallup released a poll in which 49% of Americans believe the U.S. economy would fall into recession, 9% higher than the one polled before the 2008 financial crisis. The world situation is turbulent after entering 2020. US-Iraq conflicts continue, the China-U.S. relation on a tight rope, coupled with the broken out of regional financial crisis over the years, the public’s fear of recession is growing. The rising price of insurance assets also indicates that more people are preparing for the financial crisis. The biggest impact of the outbreak of financial crisis on people is not only the asset depreciation caused by inflation, but also the decline in employment. It is not enough to simply choose a safe-haven to deal with financial crisis, we need to ensure our source of income. VDS turns interpersonal relationships into cash flow through the Trust Stamp System from which we can obtain a steady stream of revenue. Or we could build super master nodes to provide network service to earn profits. In response to the centralized financial crisis, a decentralized Bitcoin may be the best choice as safe haven. VDS brings decentralization and freedom back to Bitcoin and boost potential appreciation. These two march together and complement each other.
I've been thinking in a very similar way. I am not American, but I do believe that the world economic crisis is on its way, and this one might hurt more than the previous one. I think it might even bring the end of fiat with the dollar collapsing and major currencies following shortly afterward. If this happens, all of the assets and currencies might be down for a while, and I am not sure Bitcoin is an exception. In the aftermath, however, Bitcoin might be the savior for reasons you've covered (mainly since it's not susceptible to hyperinflation as it doesn't have an unlimited supply). In that situation, however, a solution to make global adoption truly possible would have to come asap. I think global recession and economic breakdown is already happening and on its way to become full blown, with the above points duly noted by the poster above, added to the fact that the deadly NCOV corona virus seems to be spreading into different countries and region and there seems to be no cure and no stop to it, with china affected I am pretty sure that the rest of the world have started getting an impact to china meltdown. Bitcoin still remains the last hope if all thins currency and economy goes south. People always said that investing in a digital currency like cryptocurrency is not a 100% win win for the investor. Cryptocurrency is very risky and is difficult to handle because of its volatility in the market. Plus those conflict between the world's economy and the problem that each and every country experiences. Poverty and NCOV are the main factors in market economy this year and we can't deny that people are looking for a safe haven for their money. But as you can see, it is an advantage of the crypto as virus spreads and indirect contact with money is necessary. So in some other way, it is good to invest money in crypto and it still has a disadvantage like instable price in the market.
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Jet Cash
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February 26, 2020, 06:43:12 AM |
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Diversification of assets is the only real safe haven. This includes gold, silver, Bitcoin, tins of sardines, and some sort of mobile home.
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Offgrid campers allow you to enjoy life and preserve your health and wealth. Save old Cars - my project to save old cars from scrapage schemes, and to reduce the sale of new cars. My new Bitcoin transfer address is - bc1q9gtz8e40en6glgxwk4eujuau2fk5wxrprs6fys
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mike_spr
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February 26, 2020, 11:59:11 AM |
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Diversification of assets is the only real safe haven. This includes gold, silver, Bitcoin, tins of sardines, and some sort of mobile home.
I would say the same, Bitcoin can be seen as a store of value like gold but it's much newer then gold and since the community is still small (if you compare to other assets like gold) it's price is still easy to manipulate. I believe it will become more and more safe but you can't say already that it's the only safe heaven.
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Simracer Coin - Simracing eSports meets blockchain technology (https://simracercoin.org)
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LUCKMCFLY
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Leading Crypto Sports Betting & Casino Platform
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February 26, 2020, 12:34:58 PM |
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In any type of crisis it has been shown in history that gold is the safe asset, which functions as a refuge of value par excellence, currently the economic conception has changed giving cavity to digital money and that better than Bitcoin, which represents money , it has more ease of transfer and is not complicated when handling large quantities.
Due to the circumstances that began at the beginning of the year in many countries, they have seen Bitcoin as a safe haven, in fact the expansion of the coronavirus virus has negatively impacted the stock market and the ones that remain the most are bitcoin and gold. In fact, those are some of the reasons why Tim Draper left the stock market to join the Bitcoin market, since he found that the stock market was very foamy.
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Linkkoin
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February 26, 2020, 12:49:57 PM |
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As BTC was created after the last financial crisis, we still need to see the reaction of investors during the financial crisis. If the demand and trading volume is going to skyrocket when stocks turn red for a longer time - it would be sufficient. So far in few countries struck with the local crisis the local reaction seems to be in favour of safe-haven asset class for BTC.
The question is - if investors will use Bitcoin as a safe haven asset of course - are we going to see a sudden massive dump and panic sell once crisis will be over?
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Online cryptocurrency exchange - https://linkkoin.com Buy BTC, ETH, XRP, BCH, EOS, LTC, XMR, REP, ETC, ZEC with credit/debit card
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Arkann
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February 26, 2020, 07:42:36 PM |
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in fact, what happens during the World Crisis is very difficult to explain, since people suffer more, and oligarchs accumulate their capital and not a single billionaire has become a millionaire because of the crisis. And governments are just printing new money, and people are losing their savings. I believe that cryptocurrency in this regard is really preferable to paper money.
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