Author

Topic: [2019-06-23] The Federal Reserve Could Be Helping Bitcoin to $100K (Read 228 times)

newbie
Activity: 8
Merit: 0
how do you think a gold standard being readopted would hypothetically affect the market?

https://8ch.net/qresearch/res/6969645.html#6969889
legendary
Activity: 2170
Merit: 1427
I am still looking for a way to invest in crypto in my 401k, anyone know a way to do it? So far there doesn't seem to be a way, but as soon as that happens I think we will get a huge price surge.

It depends on what form of exposure you're interested in. If it concerns spot, I'm not sure if that's actually possible today, but you can buy GBTC shares and have them included in your 401k portfolio. The downside here is that you tend to pay a significant premium. The premium can be anywhere from 50% to well over 100%.

If I was in your position I would just keep accumulating spot Bitcoin and wait for an ETF to be approved and have that be included in your portfolio in the future.

An ETF will be extremely bullish, especially when pretty much anyone can buy shares from behind their computer at home.
member
Activity: 560
Merit: 17
Lowering interest rates will put more disposable cash into people's pockets and that means more money to invest in high risk investments like Bitcoin,but most people are already living on the bread line, so they will just use that extra cash to survive or to make more debt.


The people living on the bread line usually have bad credit scores and they can't afford more debt.
Anyway,the rumors about the Federal reserve lowering interest rates could be just fake news.It's pointless to discuss fake news.

True, FED rates does not impact the everyday Joe directly, he is not the one going to take out big loans to invest. Only companies can and are doing that with the purpose to invest. But as I mentioned , companies dont have a lot of options to invest currently in the btc market.

On the topic of FED rising or lowering rates. it will depend on the macroeconomic factors and how the stocks will behave in near future.
newbie
Activity: 1
Merit: 0
Username:aryamadhav

Since the interests are lowering ,people's disposable cash is increasing and thus resulting in their investments in high risk investments.
legendary
Activity: 2800
Merit: 1012
Get Paid Crypto To Walk or Drive
I am still looking for a way to invest in crypto in my 401k, anyone know a way to do it? So far there doesn't seem to be a way, but as soon as that happens I think we will get a huge price surge.
hero member
Activity: 3094
Merit: 929
Lowering interest rates will put more disposable cash into people's pockets and that means more money to invest in high risk investments like Bitcoin,but most people are already living on the bread line, so they will just use that extra cash to survive or to make more debt.

I already see loads of people asking "How can I buy bitcoins with credit cards" and that is not a good thing to do, even if that credit is cheaper with interest rate cuts. Please DO NOT use credit to buy Bitcoin!  …… It is the worst decision you can make, because profit in Bitcoin is not guaranteed!!

The people living on the bread line usually have bad credit scores and they can't afford more debt.
Credit card debt is the most expensive type of debt and it's the easiest to get.That's why many people,who lack financial education use it and make bad decisions.
Anyway,the rumors about the Federal reserve lowering interest rates could be just fake news.It's pointless to discuss fake news.
legendary
Activity: 3514
Merit: 1963
Leading Crypto Sports Betting & Casino Platform
Lowering interest rates will put more disposable cash into people's pockets and that means more money to invest in high risk investments like Bitcoin,but most people are already living on the bread line, so they will just use that extra cash to survive or to make more debt.

I already see loads of people asking "How can I buy bitcoins with credit cards" and that is not a good thing to do, even if that credit is cheaper with interest rate cuts. Please DO NOT use credit to buy Bitcoin!  …… It is the worst decision you can make, because profit in Bitcoin is not guaranteed!!
member
Activity: 560
Merit: 17
There is little impact to BTC market when FED changes interest rates. The reason is simple - there are very few ways for cooperation to invest in cryptos but a lot of ways to invest in stocks. Thats why stocks climb when it gets cheaper to barrow from fed.
hero member
Activity: 1526
Merit: 596
The Fed lowering rates will likely have significantly less impact than people anticipate in terms of fueling the BTC market.

I think that because of the fact that people don't obtain credit from traditional means, even when they trade BTC on leverage means that these rate cuts will probably have little to no tangible effect on the demand for BTC.

The weakening of the dollar could potentially mean that BTC appreciates in USD terms, but even that is not guaranteed because USD is the most traded BTC pair, meaning that most people regard USD as the base pairing anyways.

More importantly should be the cycles existing within BTC markets. The fact is that sentiment is quite bullish and that we're in the early stages of a bull market.
member
Activity: 137
Merit: 10
Investors on the trading floors are already betting that the Fed will lower the rates as soon as July, putting the dollar under pressure.

https://bitcoinist.com/the-federal-reserve-could-be-helping-bitcoin-to-100k/

Jump to: