OpenCryptoSystem (OP)
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February 05, 2021, 02:03:58 PM |
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Gold/' oil/ silver/ bitcoin/ electricity/stocks.
Are most over valued things if one day the etf futures and nyse will be out completely out of order those things will have zero value . Or error unknown price.
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ChiBitCTy
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February 05, 2021, 02:18:42 PM |
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Gold/' oil/ silver/ bitcoin/ electricity/stocks.
Are most over valued things if one day the etf futures and nyse will be out completely out of order those things will have zero value . Or error unknown price.
What does the use of gold and silver in electronics and jewelry, oil for transportation, bitcoin for payments, electricity to power our lives have anything to do with the stock market? I do not understand what you're actually trying to say here either.. If these are overvalued, then what is valuable ?
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OpenCryptoSystem (OP)
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February 05, 2021, 02:26:57 PM |
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Gold/' oil/ silver/ bitcoin/ electricity/stocks.
Are most over valued things if one day the etf futures and nyse will be out completely out of order those things will have zero value . Or error unknown price.
What does the use of gold and silver in electronics and jewelry, oil for transportation, bitcoin for payments, electricity to power our lives have anything to do with the stock market? I do not understand what you're actually trying to say here either.. If these are overvalued, then what is valuable ? I mean they have value but those value cpmes from the exvhangers speculation of buy/sell If you have physical gold in your hand and want to sell it you look global price wich comes from exchangers. If now big whale who got a lot gold real gold want to sell locally to his local buyers he will make huge buy order to pump up gold price and to sell it with profit. All prices comes of this so if one day black out the exnhgers will off we dont know the price of those things
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Kittygalore
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February 05, 2021, 03:17:39 PM |
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For me, the most valuable on the list is electricity, a lot things will happen when the power goes out, millions of people on life supports will only last because of generators and Internet will be no more, a lot of people will die from elements because no electricity is powering the thermostat. I believe that it will be the lynchpin for humanity's demise. Almost all of the resources and things that OP has just said is precious yes but most of them will be dependent on electricity, NYSE needs constant power because stock prices are changing every millisecond so it is an obvious, gold and silver will have no use but aesthetics for jewelries and precious metals because electronics are dead, oil will not be mined in a powerless oil rig and bitcoin will cease to exist.
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OpenCryptoSystem (OP)
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February 05, 2021, 03:24:26 PM |
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For me, the most valuable on the list is electricity, a lot things will happen when the power goes out, millions of people on life supports will only last because of generators and Internet will be no more, a lot of people will die from elements because no electricity is powering the thermostat. I believe that it will be the lynchpin for humanity's demise. Almost all of the resources and things that OP has just said is precious yes but most of them will be dependent on electricity, NYSE needs constant power because stock prices are changing every millisecond so it is an obvious, gold and silver will have no use but aesthetics for jewelries and precious metals because electronics are dead, oil will not be mined in a powerless oil rig and bitcoin will cease to exist.
U dont get my point im speaking here
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sunsilk
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February 06, 2021, 01:27:02 AM |
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You have put those commodities without explaining what you want to discuss. I mean they have value but those value cpmes from the exvhangers speculation of buy/sell If you have physical gold in your hand and want to sell it you look global price wich comes from exchangers.
If now big whale who got a lot gold real gold want to sell locally to his local buyers he will make huge buy order to pump up gold price and to sell it with profit.
All prices comes of this so if one day black out the exnhgers will off we dont know the price of those things
Electricity is a necessity and there's no whale or big investors that are holding it. But it's the service and distribution who are making money from it. I don't understand what are you bringing up with those. Or you only want to say that all of them are speculations in value? Give us some clarity.
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bits4books
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February 06, 2021, 06:38:18 AM |
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Well, wow, you have a list of overrated things. Your car runs on oil today, and it will run on electricity tomorrow. Gold is used in the semiconductor industry. Silver is used in the chemical industry. You have now listed everything you use every day and say that these things are overrated? From this point of view, only you are overestimated here, and in the near future, a bag of bones will be replaced by normal and great robots and a person will not be needed. So what?
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Lorence.xD
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February 06, 2021, 07:15:55 AM |
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Well, wow, you have a list of overrated things. Your car runs on oil today, and it will run on electricity tomorrow. Gold is used in the semiconductor industry. Silver is used in the chemical industry. You have now listed everything you use every day and say that these things are overrated? From this point of view, only you are overestimated here, and in the near future, a bag of bones will be replaced by normal and great robots and a person will not be needed. So what?
It is more of an underrated in my opinion, we do not think twice when we are using gas for cars, or electricity for that matter, because they are always there but what will happen when those things get lost, would we still be thinking the same thing, I don't think so but there is nothing wrong with that, these things are far better underrated because as most things do and what most employees agree is they work better when not bothered. I also do think that OP is overrating those things that OP mentioned.
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btc_angela
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February 06, 2021, 07:17:04 AM |
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Gold/' oil/ silver/ bitcoin/ electricity/stocks.
Are most over valued things if one day the etf futures and nyse will be out completely out of order those things will have zero value . Or error unknown price.
Nah, I don't think that one day we will see those commodities you mentioned becoming worthless. They are still the main assets globally that we can trade,- gold/oil/silver. And then stocks which will continue because that's where the economics of most countries revolved, sort of measuring stick to the health of that nation. The only scenario that I can think of if ever we gonna see them getting zero value is in war, but that's out of the question for now.
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so98nn
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February 06, 2021, 10:58:02 AM |
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Oh come on that is a very serious unknown charge over bitcoin. First things first, other instruments that is gold, silver, electricity are part of our day to day life man. How it could go zero in valuation?
Just google how many mines are all over the world to extract that yellow lucid metal of out earths crust. The efforts huge and unstoppable. It’s been more than thousands of years since when gold is part of humanity. Pick any ancient book for that matter and all the people from B.C. also had the use of gold itself.
Same story with others too man.
Bitcoin on the other hand is modern word solution made by out of the box thinker. It is perfect match for today’s problem of transactions, and decentralised monetisation. That’s why we see tremendous market cap for it. Nonetheless bitcoin value would become zero if multi-billions of dollars are swapped out of it 💵
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ChiBitCTy
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February 06, 2021, 12:44:58 PM |
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Gold/' oil/ silver/ bitcoin/ electricity/stocks.
Are most over valued things if one day the etf futures and nyse will be out completely out of order those things will have zero value . Or error unknown price.
What does the use of gold and silver in electronics and jewelry, oil for transportation, bitcoin for payments, electricity to power our lives have anything to do with the stock market? I do not understand what you're actually trying to say here either.. If these are overvalued, then what is valuable ? I mean they have value but those value cpmes from the exvhangers speculation of buy/sell If you have physical gold in your hand and want to sell it you look global price wich comes from exchangers. If now big whale who got a lot gold real gold want to sell locally to his local buyers he will make huge buy order to pump up gold price and to sell it with profit. All prices comes of this so if one day black out the exnhgers will off we dont know the price of those things I still don't think I really know what you're trying to get across here, I'm sure part of it is the language barrier ( I'm assuming English is not you're first language). One thing I do understand is your statement " If now big whale who got a lot of gold real gold want to sell locally to his local buyers he will make huge buy order to pump up gold price and to sell it with profit"... I can promise you no whale who can pump up gold prices is selling anything to local buyers. That is of course if you mean a singular person when you sale "whale". That just doesn't make any sense. Sure most of what you listed can and is manipulated price wise. Hate to break it to you but most everything for sale in this world is manipulated price wise. Even stuff at your local grocer.
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| | . .Duelbits. | │ | ..........UNLEASH.......... THE ULTIMATE GAMING EXPERIENCE | │ | DUELBITS FANTASY SPORTS | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ████████████████▀▀▀ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | . ▬▬ VS ▬▬ | ████▄▄▄█████▄▄▄ ░▄████████████████▄ ▐██████████████████▄ ████████████████████ ████████████████████▌ █████████████████████ ███████████████████ ███████████████▌ ███████████████▌ ████████████████ ████████████████ ████████████████ ████▀▀███████▀▀ | /// PLAY FOR FREE /// WIN FOR REAL | │ | ..PLAY NOW.. | |
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fiulpro
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February 06, 2021, 01:15:45 PM |
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Gold/' oil/ silver/ bitcoin/ electricity/stocks.
Are most over valued things if one day the etf futures and nyse will be out completely out of order those things will have zero value . Or error unknown price.
What does the use of gold and silver in electronics and jewelry, oil for transportation, bitcoin for payments, electricity to power our lives have anything to do with the stock market? I do not understand what you're actually trying to say here either.. If these are overvalued, then what is valuable ? I mean they have value but those value cpmes from the exvhangers speculation of buy/sell If you have physical gold in your hand and want to sell it you look global price wich comes from exchangers. If now big whale who got a lot gold real gold want to sell locally to his local buyers he will make huge buy order to pump up gold price and to sell it with profit. All prices comes of this so if one day black out the exnhgers will off we dont know the price of those things The exchanges are not the only factor which does support the price of the golf. There are many things that actually does it. The demand The purity The inflation The currency's strength The government The emotional attachment at many places like India Other exchanges and market The list can be endless!! I do think everything has a value but the most undervalued asset are : Skill and education More like an asset + investment which one should always considered. Physical gold won't give you 1:1 value it depends on the place , exchange, price the buyer is providing you, the purity, the stones embedded ,how fast u wanna sell it etc...
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Fesatmas
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February 06, 2021, 01:30:24 PM |
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Nah, I don't think that one day we will see those commodities you mentioned becoming worthless. They are still the main assets globally that we can trade,- gold/oil/silver. And then stocks which will continue because that's where the economics of most countries revolved, sort of measuring stick to the health of that nation. The only scenario that I can think of if ever we gonna see them getting zero value is in war, but that's out of the question for now.
I absolutely agree, so I think to conclude this discussion is just a supposition, so in essence everything will still have a value based on the customs of human needs to carry on life. because before electricity, gold already had a value as a medium of exchange in its time. look at the emergence of electricity and gold? wasn't gold already there first and became one of the payment instruments used.
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bits4books
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February 06, 2021, 03:00:23 PM |
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Well, wow, you have a list of overrated things. Your car runs on oil today, and it will run on electricity tomorrow. Gold is used in the semiconductor industry. Silver is used in the chemical industry. You have now listed everything you use every day and say that these things are overrated? From this point of view, only you are overestimated here, and in the near future, a bag of bones will be replaced by normal and great robots and a person will not be needed. So what?
It is more of an underrated in my opinion, we do not think twice when we are using gas for cars, or electricity for that matter, because they are always there but what will happen when those things get lost, would we still be thinking the same thing, I don't think so but there is nothing wrong with that, these things are far better underrated because as most things do and what most employees agree is they work better when not bothered. I also do think that OP is overrating those things that OP mentioned. This is not an underestimation, but a very fat trolling. Either the OP wants to collect a bunch of answers and just farm his reputation, or lures people into deliberately delusional threads. It is difficult for me to imagine a person in an adequate state who would say without irony or jokingly that "oil is overvalued". I immediately perceive this either as too fat trolling or that a person of a very low level of education.
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OpenCryptoSystem (OP)
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February 06, 2021, 03:18:08 PM |
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No the price not going to zero but what will is the price is unknown. If i want to buy gold i go look the gold price on the markets but if markets Are off so what price then ?
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lixer
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February 07, 2021, 07:41:56 PM |
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Gold/' oil/ silver/ bitcoin/ electricity/stocks.
Are most over valued things if one day the etf futures and nyse will be out completely out of order those things will have zero value . Or error unknown price.
You know very well that these things are not going to lose value right!? And moreover I wouldn’t say that exchangers are the ones that determine the price of these assets and whatsoever, no it’s not exchangers, rather we as individuals are the ones who influence the decisions they make. Exchanges rely on the buying and selling rate to determine what’s going to be the price of that particular asset, they don’t just go straight and say what’s going to be the price, there are a lot of things they rely on before putting up prices. You will have to read more into this to understand how it works.
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OpenCryptoSystem (OP)
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February 07, 2021, 07:50:50 PM |
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Gold/' oil/ silver/ bitcoin/ electricity/stocks.
Are most over valued things if one day the etf futures and nyse will be out completely out of order those things will have zero value . Or error unknown price.
You know very well that these things are not going to lose value right!? And moreover I wouldn’t say that exchangers are the ones that determine the price of these assets and whatsoever, no it’s not exchangers, rather we as individuals are the ones who influence the decisions they make. Exchanges rely on the buying and selling rate to determine what’s going to be the price of that particular asset, they don’t just go straight and say what’s going to be the price, there are a lot of things they rely on before putting up prices. You will have to read more into this to understand how it works. Exchanger prices are manipulated by the whales all the way
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