Bitcoin Forum
May 03, 2024, 03:11:22 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: fiat vs commodity  (Read 271 times)
shawonngp
Full Member
***
Offline Offline

Activity: 756
Merit: 107


Sugars.zone | DatingFi - Earn for Posting


View Profile WWW
November 25, 2023, 01:52:27 PM
 #41

Fiat money price is declining day by day due to inflation over the world, So It is easy calculation if you will put fixed amount of money in bank that price will be decrease after 5 years. Bitcoin investment is high profitable to bank and high risky as well as. Online money can be hacked but in the bank your money is safe.

1714749082
Hero Member
*
Offline Offline

Posts: 1714749082

View Profile Personal Message (Offline)

Ignore
1714749082
Reply with quote  #2

1714749082
Report to moderator
"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
GreenStox
Sr. Member
****
Offline Offline

Activity: 1148
Merit: 252


Undeads.com - P2E Runner Game


View Profile
November 25, 2023, 02:01:25 PM
 #42


Did dollar suddenly gain way too much value, like doubled its value at least? Are you spending 100 dollars on something you used to buy for 200 dollars just 2 years ago? Of course not, the prices didn't drop that much, in fact in most cases earnings went up more than costs did so that's why inflation stopped, prices didn't fall and yet when you look at bitcoin price that went down, that's a different situation. This has to be important and needs to be focused on a lot more in the end.

nah i agree woth you dollar does not rise that fast and does not fall that fast, there are two sides and there are advantages and disadvantages to each, although in the long run fiat will still lose.
but the effect of volatility in crypto is very pronounced compared to fiat in the near term.

💀|.
   ▄▄▄▄█▄▄              ▄▄█▀▀  ▄▄▄▄▄█      ▄▄    ▄█▄
  ▀▀▀████████▄  ▄██    ███▀ ▄████▀▀▀     ▄███   ▄███
    ███▀▄▄███▀ ███▀   ███▀  ▀█████▄     ▄███   ████▄
  ▄███████▀   ███   ▄███       ▀▀████▄▄███████████▀
▀▀███▀▀███    ███ ▄████       ▄▄████▀▀████   ▄███
 ██▀    ▀██▄  ██████▀▀   ▄▄█████▀▀   ███▀   ▄██▀
          ▀▀█  ▀▀▀▀ ▄██████▀▀       ███▀    █▀
                                      ▀
.
.PLAY2EARN.RUNNER.GAME.
||VIRAL
REF.SYSTEM
GAME
|
████████████████████████████
████████████████████████████
████████████████████████████
██████ ▄▀██████████  ███████
███████▄▀▄▀██████  █████████
█████████▄▀▄▀██  ███████████
███████████▄▀▄ █████████████
███████████  ▄▀▄▀███████████
█████████  ████▄▀▄▀█████████
███████  ████████▄▀ ████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████▀▀▄██████▄▀▀████████
███████  ▀        ▀  ███████
██████                ██████
█████▌   ███    ███   ▐█████
█████▌   ▀▀▀    ▀▀▀   ▐█████
██████                ██████
███████▄  ▀██████▀  ▄███████
████████████████████████████
████████████████████████████
████████████████████████████
naikturun (OP)
Sr. Member
****
Offline Offline

Activity: 1190
Merit: 267


Undeads.com - P2E Runner Game


View Profile
November 25, 2023, 02:05:39 PM
 #43

This means that almost all commodities are stable in value, although some are rising and some are falling.
but your explanation and the average of all the comments I read state that it is fiat that is weakening.

thank you for all your opinion guys, really happy to hear that  Grin
I mean you could have it both ways to be fair. I can see that bitcoin was 68k just a few years ago, we can say that bitcoin went up during that time, of course dollar lost value too not that it didn't happen but bitcoin went up as well.

Did dollar suddenly gain way too much value, like doubled its value at least? Are you spending 100 dollars on something you used to buy for 200 dollars just 2 years ago? Of course not, the prices didn't drop that much, in fact in most cases earnings went up more than costs did so that's why inflation stopped, prices didn't fall and yet when you look at bitcoin price that went down, that's a different situation. This has to be important and needs to be focused on a lot more in the end.


well, it seems I missed something here, it seems what you said is true when a bear market occurs people look for stable coins to hold, because they are afraid that when they hold coins the price will fall.
It seems like you see it from the other side too. Grin

💀|.
   ▄▄▄▄█▄▄              ▄▄█▀▀  ▄▄▄▄▄█      ▄▄    ▄█▄
  ▀▀▀████████▄  ▄██    ███▀ ▄████▀▀▀     ▄███   ▄███
    ███▀▄▄███▀ ███▀   ███▀  ▀█████▄     ▄███   ████▄
  ▄███████▀   ███   ▄███       ▀▀████▄▄███████████▀
▀▀███▀▀███    ███ ▄████       ▄▄████▀▀████   ▄███
 ██▀    ▀██▄  ██████▀▀   ▄▄█████▀▀   ███▀   ▄██▀
          ▀▀█  ▀▀▀▀ ▄██████▀▀       ███▀    █▀
                                      ▀
.
.PLAY2EARN.RUNNER.GAME.
||VIRAL
REF.SYSTEM
GAME
|
████████████████████████████
████████████████████████████
████████████████████████████
██████ ▄▀██████████  ███████
███████▄▀▄▀██████  █████████
█████████▄▀▄▀██  ███████████
███████████▄▀▄ █████████████
███████████  ▄▀▄▀███████████
█████████  ████▄▀▄▀█████████
███████  ████████▄▀ ████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████████████████████████
████████▀▀▄██████▄▀▀████████
███████  ▀        ▀  ███████
██████                ██████
█████▌   ███    ███   ▐█████
█████▌   ▀▀▀    ▀▀▀   ▐█████
██████                ██████
███████▄  ▀██████▀  ▄███████
████████████████████████████
████████████████████████████
████████████████████████████
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!