Economy going up and up everyday - page 16.

sindikat

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Quote from: richmcrich on June 16, 2018, 06:33:44 AM

Quote from: Boldcom on June 05, 2018, 08:18:32 PM

Quote from: Robust Crypto on June 02, 2018, 12:22:56 AM

I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.

I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.

The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.

Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year.
What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.

I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.

What do you guys think? All thots are appreciated!

Cash is still widely used all over the world but we cannot deny the fact that cryptocurrecy is on the rise. Cashless society is very impossible but it can happen, to the 1st world countries I believe. Cryptocurrency is fast rising but it cannot totally replace the fiat currency.

Obviously, no one expects that cash fill extinct as it will still be relevant in its own way but one way or the other, very few people do have access to physical assets at times when the economy goes awry back then and we all know how the value of gold skyrockets during high level of inflation and economy downturn in most nations. However, in this case, bitcoin can actually help out until things smoother out eventually since it serves as store of value.

The repository of value are the banks too. But who trusts them now? Why do you think bitcoin can be a repository of value during an economic crisis. When production stops, people have no money. Where will they get Fiat to buy bitcoin from you? At such moments, the price of bitcoin will also fall because it is tied to Fiat.

richmcrich

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Quote from: Boldcom on June 05, 2018, 08:18:32 PM

Quote from: Robust Crypto on June 02, 2018, 12:22:56 AM

I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.

I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.

The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.

Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year.
What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.

I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.

What do you guys think? All thots are appreciated!

Cash is still widely used all over the world but we cannot deny the fact that cryptocurrecy is on the rise. Cashless society is very impossible but it can happen, to the 1st world countries I believe. Cryptocurrency is fast rising but it cannot totally replace the fiat currency.

Obviously, no one expects that cash fill extinct as it will still be relevant in its own way but one way or the other, very few people do have access to physical assets at times when the economy goes awry back then and we all know how the value of gold skyrockets during high level of inflation and economy downturn in most nations. However, in this case, bitcoin can actually help out until things smoother out eventually since it serves as store of value.

pinoyden

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Quote from: BlueStackz on June 16, 2018, 04:56:34 AM

You might be right but one thing I just want to add up here. No one can live without banks in this time if he is dealing in some business or something. For the upcoming time and the tenure when there will be crypto more than fiat, then you could assume of a free cash society and you could live without a bank. But right now, no. we have to accept this reality as it can be of great importance.

yes of course we can not live without banks because banks are the ones that supply the regular currency or fiat money , now if they were no banks, how can we possibly get a money to buy stuffs and crypto? did you get my point?

Quote from: Bakemat on June 16, 2018, 05:00:15 AM

The drastic changes of prices in the market is just normal because in this way traders can decide if they are going to invest or sell and it makes their coins become very profitable because buying and selling at the right time will make you earn a huge amount of profit, volatility of the market is the reason why cryptocurrency is very profitable today.

Quote

The drastic changes of prices in the market is just normal because in this way traders can decide if they are going to invest or sell

the price fluctuations are verry normal and it is not about because traders but it is because cryptos are made to become a volatile type of currency.

Quote

volatility of the market is the reason why cryptocurrency is very profitable today.

volatility is also the reason on why cryptos are verry unstable . we cant truelly say that crypto are verry profitable because of volatility , infact volatility are also the cause on why cryptos are always falling.

Bakemat

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Quote from: Yamifoud on June 14, 2018, 05:39:36 PM

Quote from: buternasek on June 13, 2018, 05:26:14 PM

Well that's true. We see a rise in the economy everyday. We can see it happening with crypto currencies today. All week is a green and we see a day or two of short red dips but will recover by the end of the day. But I don't think we should heavily rely on crypto currencies. Wr ahould also diversify our holdings to other investments.

Having in red or green it doesn't meant that they are in up or down, it only signifies that market is moving back and forth. With that certain indications, we could think that there is possibilities of going up in the coming days. Crisis really appears as we go along the journey, so we must have to break it in order to survive or else we fall into nothing.

The drastic changes of prices in the market is just normal because in this way traders can decide if they are going to invest or sell and it makes their coins become very profitable because buying and selling at the right time will make you earn a huge amount of profit, volatility of the market is the reason why cryptocurrency is very profitable today.

BlueStackz

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Quote from: Cojiro on June 13, 2018, 12:47:39 PM

Quote from: Robust Crypto on June 02, 2018, 12:22:56 AM

I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.

I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.

The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.

Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year.
What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.

I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.

What do you guys think? All thots are appreciated!

I do not really care about the banking system, which I just focus on is crypto, because it's much better than dealing with banking

You might be right but one thing I just want to add up here. No one can live without banks in this time if he is dealing in some business or something. For the upcoming time and the tenure when there will be crypto more than fiat, then you could assume of a free cash society and you could live without a bank. But right now, no. we have to accept this reality as it can be of great importance.

coynedterm

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Activity: 882

Merit: 500

Quote from: Robust Crypto on June 02, 2018, 12:22:56 AM

I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.

I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.

The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.

Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year.
What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.

I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.

What do you guys think? All thots are appreciated!

Yeah , I agree with you that day by day we are going with the increment of the economy of trading Field , no matter we are in the stock market or in cryptourrency market for trading .
In my opinion the main reason of increase in the economy of these sectors is because the problem of increasing the numbers of the unemployment in the whole world and opposite of the this increase in the population , so people are getting Thier job cum business to work in this field of the trading where they are not restricted to work and when they are in the cryptocurrency then they will no more remain restricted to the smooth of the trade because no one will take tax for your earnings because since everything will remain public but no one can count that how much you made buy and sell easily , you will just need to give statement that how much you made buy and how much sell that's all .
Here I am thinking that in the incoming time more and more economy of this field increase because every people in the present time don't want to work in any person , he want to be free to work .

yvesp110

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Quote from: reda on June 13, 2018, 11:37:07 AM

Quote from: sindikat on June 13, 2018, 11:22:26 AM

I have never believed the government's reports on inflation and the state of the economy. They always say that the economy is growing but people live worse. So long can not continue and therefore periodically there are financial crises. I don't see any signs of recovery in the world economy. All countries are now waging a trade war. Do you think this is because the economy is doing well?

Economy is not government growth. It people growth. People growth us country economy growth. But some people don't know the economy process and people will be thing this economy is currency. But economy is not currency. It part of the country people growth. Bitcoin is help people future growth. So if people will be growth. Country will be growth. Economy will be growth in country other country will be increase and star the new business.

A country’s economy depends upon the GDP rate and most of the countries are working hard to increase the GDP rate. However some countries made wise decisions and adopted the valua ble currency Bitcoin and using it for exchanges and import export and in public places which boosted up their economies. These countries are improving with the passage of time and this is due to the use of valuable cryptocurrencies.

Reid

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It is not that easy to just take out the traditional money which had been going on for ages.
Yes that paper will go on. But, have you seen how payments are being done now by average and middle class people?
Credit cards. No paper. Just plastic and yet used by a lot of people.

What is the next thing that people always carry when they go out?
Smart phones with internet connections. Yes.
That is the key to changing this world.
I believe next time we wont be needing any plastic cards. Just our phones could do it all.
Now that is change.

Yamifoud

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Activity: 2828

Merit: 518

Quote from: buternasek on June 13, 2018, 05:26:14 PM

Well that's true. We see a rise in the economy everyday. We can see it happening with crypto currencies today. All week is a green and we see a day or two of short red dips but will recover by the end of the day. But I don't think we should heavily rely on crypto currencies. Wr ahould also diversify our holdings to other investments.

Having in red or green it doesn't meant that they are in up or down, it only signifies that market is moving back and forth. With that certain indications, we could think that there is possibilities of going up in the coming days. Crisis really appears as we go along the journey, so we must have to break it in order to survive or else we fall into nothing.

South Park

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I am terrible at Fantasy Football!!!

Quote from: Robust Crypto on June 02, 2018, 12:22:56 AM

I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.

I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.

The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.

Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year.
What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.

I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.

What do you guys think? All thots are appreciated!

The stock markets and the economy give the impression to be rising but that is only because governments are printing a lot of currency, as you may guess this causes inflation and you lose money every single second of the day, this cannot last forever at some point another big crisis will appear and they will be unable to contain it and the days of the great depression will make a comeback, but bitcoin will be there to save us.

doomloop

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Quote from: reda on June 13, 2018, 11:37:07 AM

Quote from: sindikat on June 13, 2018, 11:22:26 AM

I have never believed the government's reports on inflation and the state of the economy. They always say that the economy is growing but people live worse. So long can not continue and therefore periodically there are financial crises. I don't see any signs of recovery in the world economy. All countries are now waging a trade war. Do you think this is because the economy is doing well?

Economy is not government growth. It people growth. People growth us country economy growth. But some people don't know the economy process and people will be thing this economy is currency. But economy is not currency. It part of the country people growth. Bitcoin is help people future growth. So if people will be growth. Country will be growth. Economy will be growth in country other country will be increase and star the new business.

I agree with that. Growth is not the rise in the economy of a country only but the rise in the living standard pf its people. The concept of human development index also depicts the same phenomenon that the first priority is the health, education and basic needs of a human life and the remaining are the secondary needs. The revolution of technologies like Bitcoin has really improved lives by providing employment opportunities to people and enabling them to earn easy.

Robust Crypto

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Quote from: reda on June 13, 2018, 11:37:07 AM

Quote from: sindikat on June 13, 2018, 11:22:26 AM

I have never believed the government's reports on inflation and the state of the economy. They always say that the economy is growing but people live worse. So long can not continue and therefore periodically there are financial crises. I don't see any signs of recovery in the world economy. All countries are now waging a trade war. Do you think this is because the economy is doing well?

Economy is not government growth. It people growth. People growth us country economy growth. But some people don't know the economy process and people will be thing this economy is currency. But economy is not currency. It part of the country people growth. Bitcoin is help people future growth. So if people will be growth. Country will be growth. Economy will be growth in country other country will be increase and star the new business.

ჩამოაყალიბა!

Bitcotalk

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Quote from: Robust Crypto on June 12, 2018, 01:44:37 AM

Quote from: whirlcoin on June 07, 2018, 05:45:14 AM

Quote from: ArteMixer on June 07, 2018, 05:43:35 AM

Including all of the ICOs starting up now, tokens might become a good use for networks, making it good for everyone, feeding the crypto market at the same time.

Most of the ICOs were created for the purpose of money making so it will not give any benefits to the crypto currency market so we need to pick and invest on the best projects to keep the scammers away from this field.

Yup! Most of the projects are very vague

Economy is controlling by the rate or percentage of GDP growth, if the GDP growth increases then the economy will increase and if the GDP growth is decreasing then the economy will decrease.

Furthermore another thing which helps in the improvement of economy is the use of valuable currency, if the currency is more valuable then the economy will be going high with more speed and when the currency is less valuable then the economy will improve with slow speed.

buternasek

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Well that's true. We see a rise in the economy everyday. We can see it happening with crypto currencies today. All week is a green and we see a day or two of short red dips but will recover by the end of the day. But I don't think we should heavily rely on crypto currencies. Wr ahould also diversify our holdings to other investments.

wxa7115

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Bitcoin is GOD

Quote from: batang_bitcoin on June 02, 2018, 04:30:48 AM

Right that crypto is a safe haven for someone that is looking to beat inflation. Although it's still risky and you may also have some losses along your way but I have bet on it with most of my life savings, it's on bitcoin. Inflation is growing bigger and bigger yearly and if you don't do something or find something for your money to protect against it, you'll be losing your money anyway. My point is instead of watching your money lose against inflation, take the risk of investing and crypto is the best place for it.

Inflation is becoming a noticeable problem even the average person is realizing that something is wrong, this is happening in my country where prices are increasing faster than people are used to, while I would not like to see my country in the middle of another economic crisis at the same time I recognize it is inevitable, the only problem is that I do not know when that will happen and that I hope to be ready when that happens.

Faxmate

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Quote from: Robust Crypto on June 12, 2018, 01:44:37 AM

Quote from: whirlcoin on June 07, 2018, 05:45:14 AM

Quote from: ArteMixer on June 07, 2018, 05:43:35 AM

Including all of the ICOs starting up now, tokens might become a good use for networks, making it good for everyone, feeding the crypto market at the same time.

Most of the ICOs were created for the purpose of money making so it will not give any benefits to the crypto currency market so we need to pick and invest on the best projects to keep the scammers away from this field.

Yup! Most of the projects are very vague

All projects are getting high because now people are using bitcoin more than any currency, it is at the top now a day only because people are using it more than our own currency, high projects are now a day being done with bitcoin most popular projecting of bitcoin is buying at low price ad holding it for the long term. Mostly well developed countries and business men and institutional investors are now investing in bitcoin which is making price high day by day.

Cojiro

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Quote from: Robust Crypto on June 02, 2018, 12:22:56 AM

I have been interested into economy, stock trading and such. And have begun watching series movies and reading more about it.

I learned what CDOs where, and how they worked. But now the institutions/banks are selling/buying bespoke tranche opportunities, basically same as CDOs just another name.

The dollar is up by a lot, and the stock market has tested the 200 MA 3 times already. Interest rates are near 0% and loan rates are going up faster and faster each year.

Every country I have friends in, are telling me that the inflation is rising, interest rates are going going down and you're basically losing money each year.
What I think is interesting, is that the loan rates were pretty low (close to 0) for 1-2 years and it started to rise.

I think with the rise of Crypto, it's the safe heaven for us, the normal people. I think communities, countries, specific groups of people will make their own currency (and also money) out of thin air, and this is how our societies will function soon. But that doesn't necessarily mean that cash will go away, I think people are attached to cash a lot and it's a different feeling when you have cash.

What do you guys think? All thots are appreciated!

I do not really care about the banking system, which I just focus on is crypto, because it's much better than dealing with banking

Golftech

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Quote from: naidray on June 13, 2018, 11:00:50 AM

Quote from: vqscyxuo on June 02, 2018, 02:42:41 AM

Cash is certainly necessary in the whole society, but as you say our money is always devaluating, it is believed that the encrypted currency will soon take over the model, and at least many people know that the money can be kept in the bitcoin.

Well, we cannot say if cryptocurrency will be taking over or not, but one certain thing for sure is that, as things are going economically, the possibility of seeing more attention being paid to digital currency is huge. By the way, the topic and discussion is economically related and not all about cash.

In most developed countries, as well as most business men and institutional investors, the use of cryptocurrency to store up value may actually be the case for a lot of them. The good thing is that the crypto space will obviously grow to that effect.

Oh well from that point, it will help the economy of said country if those businesses will cooperate and use the system for the benefits of many, it can be more useful if the government will start to adopt the system then the business sector will adopt and use it, we will be able to see the implication after we witness those successful countries that will begin to take the step.

Wintersoldier

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Quote from: spartan82 on June 02, 2018, 03:01:14 AM

Quote from: vqscyxuo on June 02, 2018, 02:42:41 AM

Cash is certainly necessary in the whole society, but as you say our money is always devaluating, it is believed that the encrypted currency will soon take over the model, and at least many people know that the money can be kept in the bitcoin.

Economy is not currency. Economy is part of the country growth. So if people will be growth country economy also growth. If need for the other country growth. First check the economy. It wil be give the country growth. So economy will growth in country. Business also improve and other country also invest and start the new business process. People growth is important of the economy growth. So bitcoin will be help to people future growth.

Economy's growth is made possible by the support of people which leads on the development of ratio in jobs, business and transaction in a specific country. Yet, economical status will always depends on the location, offers and currency in terms of transaction becasue this down or the vital aspect of economy. And Bitcoin as a future currency helps the economy to maintain its growth and to keep having a development.

reda

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Quote from: sindikat on June 13, 2018, 11:22:26 AM

I have never believed the government's reports on inflation and the state of the economy. They always say that the economy is growing but people live worse. So long can not continue and therefore periodically there are financial crises. I don't see any signs of recovery in the world economy. All countries are now waging a trade war. Do you think this is because the economy is doing well?

Economy is not government growth. It people growth. People growth us country economy growth. But some people don't know the economy process and people will be thing this economy is currency. But economy is not currency. It part of the country people growth. Bitcoin is help people future growth. So if people will be growth. Country will be growth. Economy will be growth in country other country will be increase and star the new business.

Topic: Economy going up and up everyday - page 16. (Read 3377 times)