Cryptocurrency and money total cryptocurrency market Question - page 2.

Ludmilla_rose1995

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Quote from: Polo7 on September 14, 2020, 07:12:31 AM

The cryptocurrency is big global business its Now bigger then Some Other Kind old business.

If we see how much is fees to Exchange and%

So the cryptocurrency Exchange owners making Good money then the Question is Where They invest the money to be made in cryptocurrency
Where this money Goes?

Its Gold?
Property?

As cryptocurrency money is cashed out by legal business enterprises the Way to do this is that They sell cryptocurrency to Other buyers to Get cash the Question there is so much cash so Where this money all Going?

Its a Gold and luxury? And Properties?
And what location is most common?

Becouse this money must Go somewhere and it s not small it huge ammount of money!

It all depends on the business owner. Most likely they will invest in stocks, or buy luxury, or also develop their exchange site. One of the crypto exchange site owners in my country is using the money to build a new exchange website on a global scale. so it's up to them where the money is going.

Polo7

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Quote from: jackg on September 14, 2020, 09:54:11 AM

Quote from: Polo7 on September 14, 2020, 08:48:51 AM

so london rich property investors come from cryptocurrency? no wonder why a lot of chinse buyers in london very expensive property.

Yeah Londons gone pretty scummy anyway. Also paying 5 million for a small house seems a little rediculous.

Investing in London in the past has been a good idea and I don't know how out taxes compare to China so it might be a wise decision for some and might still have a place to move up, but the rest of the country is now moving much faster than London price wise..

london proprties been empty the foregin buyers bough with shell companies many of them just to open bank account and dash the money in london.

so london is well known place been used just the destination for world money.

many so called " property investors " dont live in there and many luxury properties such us pishop street i think it was...is empty and building are old and abonded.

so for each foregein currency the must be equal ammmount of british own currency thats why british banks had to print money to sadisfy the need of the british currency.

thats why the british pound is strong as the high demand to have need of british currency.
and many china investors been in cryptocurrency also.

jackg

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https://bit.ly/387FXHi lightning theory

Quote from: Polo7 on September 14, 2020, 08:48:51 AM

so london rich property investors come from cryptocurrency? no wonder why a lot of chinse buyers in london very expensive property.

Yeah Londons gone pretty scummy anyway. Also paying 5 million for a small house seems a little rediculous.

Investing in London in the past has been a good idea and I don't know how out taxes compare to China so it might be a wise decision for some and might still have a place to move up, but the rest of the country is now moving much faster than London price wise..

Polo7

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Quote from: jackg on September 14, 2020, 08:25:48 AM

Most large amounts of money are going to go into property or luxury items imo. Either that or it'll be used for stock buybacks or similar (if it's the US).

Domestic property is one of the largest sectors for money to flow into so I think that's big enough to absorb most of the profits everyone makes from crypto without causing much of a dent.

UK properties make up about £130.5 trillion for example just on its own (and that's assuming only 30 million houses).

so london rich property investors come from cryptocurrency? no wonder why a lot of chinse buyers in london very expensive property.

20kevin20

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Quote from: Polo7 on September 14, 2020, 07:12:31 AM

So the cryptocurrency Exchange owners making Good money then the Question is Where They invest the money to be made in cryptocurrency
Where this money Goes?

Where does Jeff Bezos' and Zuckerberg's big bags of money go every month?

It's up to every business owner. Most of the time, it's just reinvested in order to provide you better services: server upgrades, security improvements, new features, better UI etc. It usually pays off and is what I'd do. Other businesses may apply different strategies, but that shouldn't be something we have to necessarily know imo.

Yes, it may be a bit scary when an exchange holds a significant % of the Bitcoins - but that's how wealth works. Once you purchase something, the seller earns a profit most likely. Do you really care what happens to it later on?

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Most large amounts of money are going to go into property or luxury items imo. Either that or it'll be used for stock buybacks or similar (if it's the US).

Domestic property is one of the largest sectors for money to flow into so I think that's big enough to absorb most of the profits everyone makes from crypto without causing much of a dent.

UK properties make up about £130.5 trillion for example just on its own (and that's assuming only 30 million houses).

Polo7

jr. member

Activity: 392

Merit: 7

The cryptocurrency is big global business its Now bigger then Some Other Kind old business.

If we see how much is fees to Exchange and%

So the cryptocurrency Exchange owners making Good money then the Question is Where They invest the money to be made in cryptocurrency
Where this money Goes?

Its Gold?
Property?

As cryptocurrency money is cashed out by legal business enterprises the Way to do this is that They sell cryptocurrency to Other buyers to Get cash the Question there is so much cash so Where this money all Going?

Its a Gold and luxury? And Properties?
And what location is most common?

Becouse this money must Go somewhere and it s not small it huge ammount of money!

Topic: Cryptocurrency and money total cryptocurrency market Question - page 2. (Read 213 times)