cryptoboss2020 (OP)
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December 27, 2020, 10:53:55 AM |
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Here is why
Before the fiat system collapse btc can go to Zero.
It might happend when SEC will come after exchangers and stable coins.
Its not gona happend becouse btc value will be zero it might happend becouse the btc price comes from the Computer system wich reading the prices of the exchangers.
The indicator for price are fiat e, g the stable coins.
If you cut off the stable coins the value of stable coins will be zero then you have no way to calculate btc price in fiat.
The Bitcoin purpose is not you to get rich or anyone to get rich its to transfer current system in to blockchain smooth way as possible.
and its correlated with federal reserve activity
I will search more about this issue...
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UmerIdrees
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December 27, 2020, 11:23:25 AM |
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Here is why
Before the fiat system collapse btc can go to Zero.
It might happend when SEC will come after exchangers and stable coins.
Its not gona happend becouse btc value will be zero it might happend becouse the btc price comes from the Computer system wich reading the prices of the exchangers.
The indicator for price are fiat e, g the stable coins.
If you cut off the stable coins the value of stable coins will be zero then you have no way to calculate btc price in fiat.
The Bitcoin purpose is not you to get rich or anyone to get rich its to transfer current system in to blockchain smooth way as possible.
and its correlated with federal reserve activity
I will search more about this issue...
Even if sec bans the stable coins and exchanges the bitcoin will continue to exist and we can calculate the value of bitcoin against the USD and not USDT. Secondly, if sec takes action against the stable coins, all this money will move in bitcoins making it more stronger than ever  |
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Fundamentals Of
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December 27, 2020, 11:33:18 AM |
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You are living on an imaginary world. Stop worrying too much on things which are baseless and ridiculous.
Bitcoin's price is not dependent on stable coins. Bitcoin has already had a price way before the first stable coin came into the market. Bitcoin has a price in fiat but not necessarily in stable coins. Prices of stable coins are dependent on fiat. All stable coins may die but Bitcoin will always have a price value in fiat. Why? Because fiat will not collapse. It may shift in form though.
Bitcoin's price is not dependent on exchanges. Bitcoin has already had a price way before the first exchange came into the market. All exchanges may die but not Bitcoin because exchanges are not necessary for anybody to own Bitcoin.
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cryptoboss2020 (OP)
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December 27, 2020, 11:36:33 AM |
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Here is why
Before the fiat system collapse btc can go to Zero.
It might happend when SEC will come after exchangers and stable coins.
Its not gona happend becouse btc value will be zero it might happend becouse the btc price comes from the Computer system wich reading the prices of the exchangers.
The indicator for price are fiat e, g the stable coins.
If you cut off the stable coins the value of stable coins will be zero then you have no way to calculate btc price in fiat.
The Bitcoin purpose is not you to get rich or anyone to get rich its to transfer current system in to blockchain smooth way as possible.
and its correlated with federal reserve activity
I will search more about this issue...
Even if sec bans the stable coins and exchanges the bitcoin will continue to exist and we can calculate the value of bitcoin against the USD and not USDT. Secondly, if sec takes action against the stable coins, all this money will move in bitcoins making it more stronger than ever You can calculate but how we know the price of btc in real time? Only Solution will be the lowest price for example: 40k. You can sell to someone with 40k or more per btc but not less if you do that you lose. And its limited supply so with one Bitcoin you could buy all most everything I guess so. |
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TGD
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December 27, 2020, 11:37:31 AM |
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There's a DEX and P2P exchange available that SEC can't touch no matter how hard they try. SEC scope too is too limited on there country. Only US is the one who are too strict on crypto. So its possible that price will drop but not at Zero value. This is delusional idea.
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Don't mind me | Just checking out here for Duelbits Promotion | Bitcoin 1M | Duelbits no 1 |
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cryptoboss2020 (OP)
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December 27, 2020, 11:38:12 AM |
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You are living on an imaginary world. Stop worrying too much on things which are baseless and ridiculous.
Bitcoin's price is not dependent on stable coins. Bitcoin has already had a price way before the first stable coin came into the market. Bitcoin has a price in fiat but not necessarily in stable coins. Prices of stable coins are dependent on fiat. All stable coins may die but Bitcoin will always have a price value in fiat. Why? Because fiat will not collapse. It may shift in form though.
Bitcoin's price is not dependent on exchanges. Bitcoin has already had a price way before the first exchange came into the market. All exchanges may die but not Bitcoin because exchanges are not necessary for anybody to own Bitcoin.
Wait minute...... Btc price currently comes from USDT. and yes its from exchangers You been long user here yet you dont know even this? Im new and teaching you, shame on you! |
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irixo10
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GoMeat - Digitalizing Meat Stores - ICO
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December 27, 2020, 12:04:04 PM |
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Let me start by asking some questions; why do you think institutional investors are now after Bitcoin, investing in whatever way they can? Why do you think platforms like PayPal will adopt Bitcoin into their payment systems?
I do not think any institutional investors will invest a lot of money into something that will one day go to zero, no one can do such investment but rather they understood the value hence going for it, at the same time the reason PayPal went for Bitcoin is because they have understood it is just future and there is nothing that can be done about it. Bitcoin has been created to bring about peer-to-peer system of transactions, which is by far the most trusted and so you should know, the price is not based on USDT because it was created far before USDT or any other stablecoins so how then can the price depends on it, just like saying Bitcoin price depends on Ethereum; however the price is based on fiat and since fiat can never collapse no matter what, Bitcoin will still be here.
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Tingtong
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https://www.xsl-labs.io
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December 27, 2020, 12:24:00 PM |
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Bitcoin's currency was much better before but now it is a bit worse. before 1 year u cannot calculate this coin but now you can calculate it. If you think bitcoin can go to zero i think you are not correct. Now his position is low but i think it will be increase. And everyone can earn his expectation currency.
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XSL Labs ◉ SECURITY OF PERSONAL DATA ◉
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cryptoboss2020 (OP)
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December 27, 2020, 01:45:59 PM |
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I think Bitcoin will go to over 100k first.
then back to 20k then 2k and then zero.
Those drops will be happening when the indicator of the price will be cutted off.
Its just computer peace of code wich takes info from one server to another server.
Kraken exchanger
are the one of the main btc price indicators.
then it comes huobi and others the peace of code is run by them... so
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doctor877
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December 27, 2020, 04:33:47 PM |
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This idea is like saying the world will come to an end when some agency come to cut some functional part of it away. This isn't going to happen in any way. Bitcoin going to zero is impossible and even if sec come for exchanges, will it take all the exchanges out automatically? Removing stable coin won't stop Bitcoin movement, it will strengthen the move in the progressive direction and you can always calculate the value anytime.
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Renampun
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December 27, 2020, 04:46:15 PM |
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*wake up mate. even though the SEC set strange rules, Bitcoin will continue to have a price even if it's only $1...as long as there are still bitcoiners around the world Bitcoin will not be worth zero. |
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Akiko
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December 27, 2020, 06:28:19 PM |
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*wake up mate. even though the SEC set strange rules, Bitcoin will continue to have a price even if it's only $1...as long as there are still bitcoiners around the world Bitcoin will not be worth zero. Yeah he forget that Bitcoin alrwady has its own demand and many people invested there already .so there is no way for Bitcoin to be at zero not unless there is no way for people to buy it I mean internet will be shot down forever. There are different exchange one is centralized which can be controllable by the government where they are located and the other one is decentralized which people can use without any help of any centralised or 3rd party exchange . |
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ChrisPop
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Not your Keys, Not your Bitcoins
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December 27, 2020, 07:25:15 PM |
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I disagree here. Institutions are not buying from unregulated exchanges. They are probably buying from the CME.
SEC would have closed the exchanges much sooner. All they can ask from them is KYC procedures which for professional investors shouldn't be a concern.
DEXes are in full development so soon we might not depend on centralized exchanges anymore.
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cryptoboss2020 (OP)
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December 27, 2020, 07:33:04 PM |
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I disagree here. Institutions are not buying from unregulated exchanges. They are probably buying from the CME.
SEC would have closed the exchanges much sooner. All they can ask from them is KYC procedures which for professional investors shouldn't be a concern.
DEXes are in full development so soon we might not depend on centralized exchanges anymore.
Even if they close exchangers I want my money back from the CEO of the exchanger. I guess will be stressful life if you hold many investors money! Let's see who will be next bernie madoff And that bla blahh dont even count that not your Keys not your coins... when big money is lost traders will be not in the mood to joke around. They bought all ready.. |
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BitcoinPanther
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December 27, 2020, 07:51:25 PM |
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The indicator for price are fiat e, g the stable coins.
If you cut off the stable coins the value of stable coins will be zero then you have no way to calculate btc price in fiat.
Please educate me more about this stuff. As far as I know Bitcoin was priced in fiat before stable coins were created. So tell me how did you arrive to this kind of idea? The Bitcoin purpose is not you to get rich or anyone to get rich its to transfer current system in to blockchain smooth way as possible.
and its correlated with federal reserve activity
I will search more about this issue...
You should establish more fact and do a thorough research before spitting anything here in the forum, telling the many old timers that Bitcoin won't have any value if stable coin is cut off. |
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MrCryptHodl
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December 27, 2020, 07:53:08 PM |
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SEC can make what they want, bitcoin always stay in place.
And with all DEX and P2P exchange SEC cannot do somethings to Bitcoin.
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Wysi
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December 27, 2020, 09:06:31 PM |
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Illogical, do some proper research before posting unreal stuffs like this. Bitcoin has been there before stable coins and most of us use USD to calculate bitcoin and SEC axing the stable coins will only shift more funds towards Bitcoin like it did when Ripple was sued. Please do not start with unreal negative posts atleast when Bitcoin is on bullrun. SEC cannot do much to bitcoin.
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blockman
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December 27, 2020, 09:16:36 PM |
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SEC can chase everything they want that go against the rules. If they will sue the exchanges just to be chase bitcoin then they can do it as they wish but trades won't stop in peer to peer methods. There are also dexes where we can continue to trade and volume would get much higher there if that's the case.
Don't think of something like this, you're just giving yourself an headache and confusion with all of these theories that you have.
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pixie85
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December 27, 2020, 09:31:36 PM |
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Its not gona happend becouse btc value will be zero it might happend becouse the btc price comes from the Computer system wich reading the prices of the exchangers.
First of all what kind of ghetto talk is that?  NO tradable asset can go to 0 as long as it's still being traded. It's mathematically impossible because you cannot pay 0 for something with a 0 exchange fee. As long as bitcoin contines to exist and be traded it will have value and it's not even going to be 1 cent or 1 dollar. It's going to be much more. |
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