The world is not doing well

[sana54210]

The economy is experiencing various obstacles. Not only one country, but many countries feel how the level of economic difficulties.
We can't deny that there are those who feel happy about the decline in the price of Bitcoin. They will always try to make the price of Bitcoin decrease so that they can collect it in large quantities. This is a classic method that is still relevant for them to apply.

You are right that the whole world is going through an economic recession, not just any specific country.  At such a time many would want the principal to be lower to reduce the value of Bitcoin.  So that they can collect more and more bitcoins.  And can be more profitable if the market grows later.  So we can also buy it at this time.  But only if you have extra money and for a long time.  If we invest from the original money, there is no possibility of getting any quick results.  But if you think long enough it is definitely possible to profit.

The difference between nations is the key. While some may have 10% and see that as terrible, the other could have 50% and some other could have 100%. Which is why the importance of bitcoin rises from nation to nation. Some nations with horrible inflation keeps putting their money into bitcoin not only because bitcoin price may go up, but because they are saving their money from becoming less valuable, that's the best way to do it.

I personally believe that the best thing to do would be making sure that we are not losing any money and safely storing it as bitcoin is a really to protect against inflation. Like when it went up, bitcoin literally broke the record.

[Lambe Ndumble]

The world dependence on the dollar is certainly the biggest advantage of the dollar owner, the value will continue to rise so as to make many countries try to leave the dollar and look for other alternative payment systems, the presence of cryptocurrencies should be a solution for the world to be able to solve financial problems.

[aylabadia05]

For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

The most fundamental thing for Bitcoin is the strength of the community that keeps us afloat until now and even later even though some of the whole take the current situation as an opportunity.
The world will be ours if our faith in Bitcoin's future remains intact or unshaken.

They actually don't dislike Bitcoin, if you make a study, those who are not interested in Bitcoin are the ones who like Bitcoin the most.
This condition is only temporary and Bitcoin is still the most favored crypto asset by all investors.

[iamsange]

I once attended a seminar on national and global economic potential, and the conclusion is that the future will easily occur recession, unstable financial factors are the cause of economic recession, besides that when there is dependence on many things it will be easy to become a recession, this is like a long chain which if there is one disturbance will have an impact on the other.

Who are the speakers at the seminar? Because I also really like to attend seminars with the theme of the economy for national and global scope. And do you think for now, does each country have a different dependency for something that can affect the economy in general?

I think you can go into more detail about this because it can be very interesting to peel it thoroughly before a recession actually hits. After all, you must have gained more knowledge about the economy through the seminar. So I'd like a more complete explanation of this.

[Dave1]

For those who don't like Bitcoin, don't get excited about this situation just yet. I just want to say that the world is not doing well.
For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

The most fundamental thing for Bitcoin is the strength of the community that keeps us afloat until now and even later even though some of the whole take the current situation as an opportunity.
The world will be ours if our faith in Bitcoin's future remains intact or unshaken.

They actually don't dislike Bitcoin, if you make a study, those who are not interested in Bitcoin are the ones who like Bitcoin the most.
This condition is only temporary and Bitcoin is still the most favored crypto asset by all investors.

We've been in this kind of predicament before, and why we should be worry when we we're able to get past along the Covid-19 scare in 2020? The market has like -60% that time in just couple of days but we have bounce back and reaches all time high in 2021. So I don't think we should be shaken by the current events like wars or the FTX collapse, there will always be something to happen that is beyond our control that will affect the market. Nevertheless, the community will come through again no matter what the challenges is and we will see another all time high.

[Davian144]

The world dependence on the dollar is certainly the biggest advantage of the dollar owner, the value will continue to rise so as to make many countries try to leave the dollar and look for other alternative payment systems, the presence of cryptocurrencies should be a solution for the world to be able to solve financial problems.

The problem is that it will not be easy for every country to implement cryptocurrencies into their payment and financial systems because every country also has rules that must be looked at before agreeing on any new thing to be implemented. So this is not an easy matter for all countries even though it is an option with the aim of making it easier for all countries not to depend on dollars which are in fact still accepted and still useful in almost all countries in the world.

[Vaskiy]

The world dependence on the dollar is certainly the biggest advantage of the dollar owner, the value will continue to rise so as to make many countries try to leave the dollar and look for other alternative payment systems, the presence of cryptocurrencies should be a solution for the world to be able to solve financial problems.

The problem is that it will not be easy for every country to implement cryptocurrencies into their payment and financial systems because every country also has rules that must be looked at before agreeing on any new thing to be implemented. So this is not an easy matter for all countries even though it is an option with the aim of making it easier for all countries not to depend on dollars which are in fact still accepted and still useful in almost all countries in the world.

More countries have begun to shift from dollar. Few countries have involved with direct transaction with their own currency. The recent one happened with India and Russia on the oil deal. India paid in terms of Ruble and now alternate trade mechanism to pay in terms of rupees is being designed. The same haven't gained the expected result. Everything have got transition time, and maybe more switching could happen towards bitcoin.

[aylabadia05]

The most fundamental thing for Bitcoin is the strength of the community that keeps us afloat until now and even later even though some of the whole take the current situation as an opportunity.
The world will be ours if our faith in Bitcoin's future remains intact or unshaken.

They actually don't dislike Bitcoin, if you make a study, those who are not interested in Bitcoin are the ones who like Bitcoin the most.
This condition is only temporary and Bitcoin is still the most favored crypto asset by all investors.

We've been in this kind of predicament before, and why we should be worry when we we're able to get past along the Covid-19 scare in 2020? The market has like -60% that time in just couple of days but we have bounce back and reaches all time high in 2021. So I don't think we should be shaken by the current events like wars or the FTX collapse, there will always be something to happen that is beyond our control that will affect the market. Nevertheless, the community will come through again no matter what the challenges is and we will see another all time high.

We cannot forget that phase. The 2019 market situation was really our toughest challenge and when we were able to step up to this moment (2022) of course the concern did not cross us who are still very confident in Bitcoin.

I'm not worried about Bitcoin at all. Instead, I have concerns about those who are still holding on to other types of crypto even though there have been several incidents that have made many people suffer losses such as in FTX. Even so, I still believe that they have enthusiasm for Bitcoin and still have a great desire to own large amounts of Bitcoin.

[YOSHIE]

For Bitcoiners, we must be strong and patient with the situation. The world will be ours.

Do you think Bitcoin is weak and helpless at the moment with the current world situation, no, Bitcoin has no effect on the world state, we are already living under Bitcoin with the various turmoils that are happening in this world, from wars, economic crises, inflation, world debt and so on, Bitcoin is doing just fine at that.

In general, the crypto ecosystem is currently developing and growing significantly, some speculation that Bitcoin has never lost and is weak in trading and investment methods, with today's technology, You can see a lot of media influencers who are paid regularly by scammers to drop Bitcoin on the pretext of world developments, which are actually far from genuine news behind pure speculation and the truth.

[AakZaki]

Do you think Bitcoin is weak and helpless at the moment with the current world situation, no, Bitcoin has no effect on the world state, we are already living under Bitcoin with the various turmoils that are happening in this world, from wars, economic crises, inflation, world debt and so on, Bitcoin is doing just fine at that.

In general, the crypto ecosystem is currently developing and growing significantly, some speculation that Bitcoin has never lost and is weak in trading and investment methods, with today's technology, You can see a lot of media influencers who are paid regularly by scammers to drop Bitcoin on the pretext of world developments, which are actually far from genuine news behind pure speculation and the truth.

But the influencers who are paid to take bitcoin down have no power whatsoever, let alone to destroy bitcoin or create a negative stigma on bitcoin. Bitcoin is not regulated by anyone, Bitcoin is the most valuable digital asset today. Bitcoin is strong in all conditions, its value will also continue to increase. Rapid price fluctuations are a feature that allows us to get quick returns and value reductions. Become a recommended digital investment tool for the long term.

[AmoreJaz]

Do you think Bitcoin is weak and helpless at the moment with the current world situation, no, Bitcoin has no effect on the world state, we are already living under Bitcoin with the various turmoils that are happening in this world, from wars, economic crises, inflation, world debt and so on, Bitcoin is doing just fine at that.

In general, the crypto ecosystem is currently developing and growing significantly, some speculation that Bitcoin has never lost and is weak in trading and investment methods, with today's technology, You can see a lot of media influencers who are paid regularly by scammers to drop Bitcoin on the pretext of world developments, which are actually far from genuine news behind pure speculation and the truth.

But the influencers who are paid to take bitcoin down have no power whatsoever, let alone to destroy bitcoin or create a negative stigma on bitcoin. Bitcoin is not regulated by anyone, Bitcoin is the most valuable digital asset today. Bitcoin is strong in all conditions, its value will also continue to increase. Rapid price fluctuations are a feature that allows us to get quick returns and value reductions. Become a recommended digital investment tool for the long term.

no one can take this down as no one can control it. so manipulating is very hard even with those big whales holding BTCs. influencers can give their own negative thoughts but once people educate themselves, they will know the truth behind the existence of BTC. they can influence those noncrypto users who don't find to dig more. but for those who are already in this market, i don't think they can be of influence. their negative criticisms will just be ignored.

[jaberwock]

Do you think Bitcoin is weak and helpless at the moment with the current world situation, no, Bitcoin has no effect on the world state, we are already living under Bitcoin with the various turmoils that are happening in this world, from wars, economic crises, inflation, world debt and so on, Bitcoin is doing just fine at that.

In general, the crypto ecosystem is currently developing and growing significantly, some speculation that Bitcoin has never lost and is weak in trading and investment methods, with today's technology, You can see a lot of media influencers who are paid regularly by scammers to drop Bitcoin on the pretext of world developments, which are actually far from genuine news behind pure speculation and the truth.

For me I think yes because if BTC is not weak ATM then its value won't decline like this. From $69k last time, we are now at $16k+. It is weak but not totally helpless because I know that BTC can recover once this bear market ends. BTC isn't dying yet but it will still take a long time for it to happen, specifically when super computers are now invented and/or a new strong currency with unique abilities are going to be invented.

BTC can't affect the real world but I think it was the real world that can affect BTC; for example, there are economic problems. People don't have much money so they can't also buy more BTC and in fact, they may even sell some of their BTCs to sustain their lives outside.

[justdimin]

We've been in this kind of predicament before, and why we should be worry when we we're able to get past along the Covid-19 scare in 2020? The market has like -60% that time in just couple of days but we have bounce back and reaches all time high in 2021. So I don't think we should be shaken by the current events like wars or the FTX collapse, there will always be something to happen that is beyond our control that will affect the market. Nevertheless, the community will come through again no matter what the challenges is and we will see another all time high.

We cannot forget that phase. The 2019 market situation was really our toughest challenge and when we were able to step up to this moment (2022) of course the concern did not cross us who are still very confident in Bitcoin.

I'm not worried about Bitcoin at all. Instead, I have concerns about those who are still holding on to other types of crypto even though there have been several incidents that have made many people suffer losses such as in FTX. Even so, I still believe that they have enthusiasm for Bitcoin and still have a great desire to own large amounts of Bitcoin.

People will be facing bitcoin as a challenge no matter how many times it has proven to recover. I promise you, we will recover from this as usual, it will go up, and I mean go up a lot, maybe over 100k maybe even over 200k, and then it will have a crash again and people will doubt it again. You will say it has gone down and up even bigger 4-5 times now, why doubt it again* And people will still doubt it, then it will go up and go down again and people will doubt it again.

When it is your savings we are talking about a drop is not easy to accept and move on, it takes a lot of knowledge and confidence in what you invest into in order to make sure it will recover.

[albon]

The world dependence on the dollar is certainly the biggest advantage of the dollar owner, the value will continue to rise so as to make many countries try to leave the dollar and look for other alternative payment systems, the presence of cryptocurrencies should be a solution for the world to be able to solve financial problems.

It is good that there are countries that have accepted Bitcoin as an official currency and made it legal, such as El Salvador, and I see that many countries will spotlight Bitcoin and cryptocurrencies and accept them in the near future. Bitcoin still faces many challenges in the face of governments and central banks of many countries, Bitcoin has wonderful advantages that we almost lost them in the dollar and fiat money. It facilitated global financial transactions and gave privacy. Some countries were able to use it to finance wars and charities, and it proved efficient in times of crises and epidemics. If Bitcoin is accepted and adopted, the world will undoubtedly do well.

[OROBTC]

The world dependence on the dollar is certainly the biggest advantage of the dollar owner, the value will continue to rise so as to make many countries try to leave the dollar and look for other alternative payment systems, the presence of cryptocurrencies should be a solution for the world to be able to solve financial problems.

The problem is that it will not be easy for every country to implement cryptocurrencies into their payment and financial systems because every country also has rules that must be looked at before agreeing on any new thing to be implemented. So this is not an easy matter for all countries even though it is an option with the aim of making it easier for all countries not to depend on dollars which are in fact still accepted and still useful in almost all countries in the world.

More countries have begun to shift from dollar. Few countries have involved with direct transaction with their own currency. The recent one happened with India and Russia on the oil deal. India paid in terms of Ruble and now alternate trade mechanism to pay in terms of rupees is being designed. The same haven't gained the expected result. Everything have got transition time, and maybe more switching could happen towards bitcoin.

The US$ is indeed losing world market share in the international financial system.  While that will indeed injure Americans and their economy there is an interesting idea I have seen floating around...

The USA soon will be unable to be the world's cop.  We do not have the money anymore.  So, at some point the US Navy will no longer be able to patrol the world's sea lanes.  Many/most of our troops will come home.  We will be unwilling/unable to help anyone, perhaps limited to our very closest allies.  With the world running low on many important resources, and with the world becoming de-globalized, many countries will have trouble feeding themselves.  Regional powers (think pre-WW II) will rise and cause problems (wars).

While the rest-of-world may welcome a de-dollarization and lessening of American power, there are downsides that are not often contemplated.

[RealMalatesta]

People will be facing bitcoin as a challenge no matter how many times it has proven to recover. I promise you, we will recover from this as usual, it will go up, and I mean go up a lot, maybe over 100k maybe even over 200k, and then it will have a crash again and people will doubt it again. You will say it has gone down and up even bigger 4-5 times now, why doubt it again* And people will still doubt it, then it will go up and go down again and people will doubt it again.

When it is your savings we are talking about a drop is not easy to accept and move on, it takes a lot of knowledge and confidence in what you invest into in order to make sure it will recover.

Those are the people who have not survived a bear period like we did, and that is why they do not know what the future holds. What we have to remind ourselves is that there are two types of new people, one is the person who checks out crypto when there is a bull run, leaves during bear, and comes back for the bull run again who just hates the bear period enough that they just sell and run away, so they will always doubt if bull run will come.

Secondly we are talking about new people who just joined on the most recent bull run, which means they have never seen the bear run before, and never experienced the recovery neither. Both those people have no idea how we always recover, and that's fine, with time they will learn.

[wahyuagung26]

The world dependence on the dollar is certainly the biggest advantage of the dollar owner, the value will continue to rise so as to make many countries try to leave the dollar and look for other alternative payment systems.

The popularity of Dollar Currency is indeed highly respected throughout the world. Countries that do not yet allow Cryptocurrency, of course, investors from these countries must exchange it from Cryptocurrency to Dollars first, so it is clear that the owner of the Dollar is very profitable here.

the presence of cryptocurrencies should be a solution for the world to be able to solve financial problems.

However, it is very unfortunate that not all countries legalize this Cryptocurrency, only some countries have given permission to use Cryptocurrency currency, and there are even countries that have allowed the use of cryptocurrency currency even though it is not exchanged with their local money. considered by the world, really hope that most countries in this world should give permission for the use of Cryptocurrency Currency in their country.

[fzkto]

We've been in this kind of predicament before, and why we should be worry when we we're able to get past along the Covid-19 scare in 2020? The market has like -60% that time in just couple of days but we have bounce back and reaches all time high in 2021. So I don't think we should be shaken by the current events like wars or the FTX collapse, there will always be something to happen that is beyond our control that will affect the market. Nevertheless, the community will come through again no matter what the challenges is and we will see another all time high.

We cannot forget that phase. The 2019 market situation was really our toughest challenge and when we were able to step up to this moment (2022) of course the concern did not cross us who are still very confident in Bitcoin.

I'm not worried about Bitcoin at all. Instead, I have concerns about those who are still holding on to other types of crypto even though there have been several incidents that have made many people suffer losses such as in FTX. Even so, I still believe that they have enthusiasm for Bitcoin and still have a great desire to own large amounts of Bitcoin.

People will be facing bitcoin as a challenge no matter how many times it has proven to recover. I promise you, we will recover from this as usual, it will go up, and I mean go up a lot, maybe over 100k maybe even over 200k, and then it will have a crash again and people will doubt it again. You will say it has gone down and up even bigger 4-5 times now, why doubt it again* And people will still doubt it, then it will go up and go down again and people will doubt it again.

When it is your savings we are talking about a drop is not easy to accept and move on, it takes a lot of knowledge and confidence in what you invest into in order to make sure it will recover.

No one doubts that bitcoin will recover from this fall. Another question is where bitcoin will end up falling. There are also doubts about 200k. Yes, bitcoin rose in multiples several times after the fall, but each time it was less than the previous one. For example in 2020-2021 the growth was only x3 from the previous high. That is, no one guarantees that the next time bitcoin will grow more than 200k. Although, if you buy now and sell at the theoretical high of 160k, then you get x10, which is also very good.

[aylabadia05]

People will be facing bitcoin as a challenge no matter how many times it has proven to recover. I promise you, we will recover from this as usual, it will go up, and I mean go up a lot, maybe over 100k maybe even over 200k, and then it will have a crash again and people will doubt it again. You will say it has gone down and up even bigger 4-5 times now, why doubt it again* And people will still doubt it, then it will go up and go down again and people will doubt it again.

Up and downs have become so commonplace in the Bitcoin market that such market situations no longer surprise us.
Our optimistic attitude towards Bitcoin is still something we need to maintain because Bitcoin will always be a good asset as a long-term investment.

Beyond our belief in Bitcoin that will experience an increase of up to 100k maybe even exceeding that price, there are also people who have confidence like us in Bitcoin, but they still experience some obstacles that might be their obstacle.

[AverageGlabella]

The world dependence on the dollar is certainly the biggest advantage of the dollar owner, the value will continue to rise so as to make many countries try to leave the dollar and look for other alternative payment systems, the presence of cryptocurrencies should be a solution for the world to be able to solve financial problems.

We are hoping that the dollar performs very badly and people look for alternatives but we probably need a complete collapse of the dollar if we want to achieve complete mainstream adoption which is probably unrealistic. The best we can hope for is probably being used as a store of value instead of a daily currency. Competing with the dollar for transaction fees is just not going to work because the dollar does not rely on miners and do not need incentives to allow transactions to be sent. We will always be battling that because we cannot make 0 cost transactions but bitcoin makes it easy to store value from a third party and with banks that go bankrupt with the current crisis will help the adoption of btc and force people to look for alternatives.