I have this thing visualized in my mind when it says price reset... This means Bitcoin going back to a price of basically nothing. That won't buy us a house even holding if we hold 1 million BTC.
Price reset does not mean your cryptocurrency will have an equivalent value of 1 dollar each. And if you think shitcoins that is bought at $0.0000000000001 will have an equivalent 1 dollar value if it reset then dream on. It does not show any logic, just a fairy tale if you ask me.
So it goes with my belief that the price reset you are thinking @OP won't happen because it is not realistic.
Topic: Can this happens price reset and cryptocurrency (Read 104 times)
I don't get what you are saying.
A price reset would certainly affect some currencies and not others and it seems to happen a lot to cryptocurrencies, the tokens that are about to fail in particular, when they get re-issued under a new name.
That just puts them on parity with other currencies, it does not make the resource you are trying to buy any less expensive, because that has a fixed value.
A price reset would certainly affect some currencies and not others and it seems to happen a lot to cryptocurrencies, the tokens that are about to fail in particular, when they get re-issued under a new name.
That just puts them on parity with other currencies, it does not make the resource you are trying to buy any less expensive, because that has a fixed value.
So let's say there price reset of world.
So for example
I have some shitcoin wich i buy now instead it's compared with Fiat currencies it will be price reset
If i have tokens of 1000000 tokens so it have same purache power as 1000000$
So we need more for our cryptocurrency the bigger purache power.
Imagine you get 1000 000 tokens and you maybe bought it with just 2$-5$ specially the meme coins.
So with 2$-5$ you buy House
Can this work out ..? And If it would what could be conditions in the world If it ever happens...let's just think by that theory ?
Btw don't you want to get more real assets for your crypto i want Im sure you want also.
So for example
I have some shitcoin wich i buy now instead it's compared with Fiat currencies it will be price reset
If i have tokens of 1000000 tokens so it have same purache power as 1000000$
So we need more for our cryptocurrency the bigger purache power.
Imagine you get 1000 000 tokens and you maybe bought it with just 2$-5$ specially the meme coins.
So with 2$-5$ you buy House
Can this work out ..? And If it would what could be conditions in the world If it ever happens...let's just think by that theory ?
Btw don't you want to get more real assets for your crypto i want Im sure you want also.
The view of "repricing" cryptocurrencies by assigning them a value could be pretty interesting in relation to the fiat currencies, even if highly speculative. At that resurgence, it would have a greater appreciation of the value of these cryptocurrencies and even give purchasing power equivalent to more fiat to their holders, especially in the case of meme currencies. For this to happen, several conditions had to be met: greater stability in global economic conditions, a facilitative regulatory framework, robust and ingenious technology, and market belief in the cryptographic currencies. More specifically, global financial systems had to change for cryptocurrencies to replace traditional currencies or have an impact on them. Meanwhile, rebalancing high-volatility, highly speculative cryptocurrencies into real assets, such as real estate or real estate-based investments, is quite smart.
OP you have started about 232 threads and many of them don't have up to 20 responses. Some of them don't have any comment. I want to advise that you put some effort into your writing.
Why you are considering a price reverse in a lot of things, you should also think about the implications that will come with such a decision. There will definitely be a lot of economic unbalance, that's by the way.
Another thing too is that that can't even happen. How will such even come to reality when we all know that the price and value of assets are based on demand, and what kind of demand will hit a currency that you bought at $1-$2 to acquire millions of it to turn out to be worth millions of dollars instead, a lot of things will just collapse.
Another thing too is that that can't even happen. How will such even come to reality when we all know that the price and value of assets are based on demand, and what kind of demand will hit a currency that you bought at $1-$2 to acquire millions of it to turn out to be worth millions of dollars instead, a lot of things will just collapse.
So let's say there price reset of world.
So for example
I have some shitcoin wich i buy now instead it's compared with Fiat currencies it will be price reset
If i have tokens of 1000000 tokens so it have same purache power as 1000000$
So we need more for our cryptocurrency the bigger purache power.
Imagine you get 1000 000 tokens and you maybe bought it with just 2$-5$ specially the meme coins.
So with 2$-5$ you buy House
Can this work out ..? And If it would what could be conditions in the world If it ever happens...let's just think by that theory ?
Btw don't you want to get more real assets for your crypto i want Im sure you want also.
So for example
I have some shitcoin wich i buy now instead it's compared with Fiat currencies it will be price reset
If i have tokens of 1000000 tokens so it have same purache power as 1000000$
So we need more for our cryptocurrency the bigger purache power.
Imagine you get 1000 000 tokens and you maybe bought it with just 2$-5$ specially the meme coins.
So with 2$-5$ you buy House
Can this work out ..? And If it would what could be conditions in the world If it ever happens...let's just think by that theory ?
Btw don't you want to get more real assets for your crypto i want Im sure you want also.
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