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Topic: Economy going up and up everyday - page 19. (Read 3377 times)

hero member
Activity: 1078
Merit: 501
June 05, 2018, 05:19:40 PM
#62
there are still very few people involved in cryptocurrency, most people in the world still rely on cash or paper money, the education of cryptocurrency is still very small, whereas cryptocurrency offers economic improvement, hopefully the government will open up and provide cryptocurrency education to their community.

That is mainly due to not many governments wants to use it. If governments put a restriction on dealing with cryptos then no businesses will accept cryptos. So if governments faster regulate this market then many people may show interest in crypto investments.

In my country even though got a Bitcoin ATM but no shops either directly or online they will accept any cryptos then why common people will show the interest to invest in this high-risk coins? Only who believe in bitcoins will invest money so this market is still a small but not very small because it is growing slowly.
Well that answers a lot of questions going on here. Same here, some merchants are already starting to acknowledge bitcoin and are only waiting for the governments go signal for regulations. We cannot also blame them, they are being cautious, and its not also a wise move to risk something without gaining and if there is, it is still below 50% chance of success.
For me bitcoin is the most wanted and more profit worthy investment what never get down it will rise more and more, I am sure bitcoin will be high once again, investors are taking advantages of this volatility as they buy at low and sell high, taking rise increase our profit so we will have to buy at red and sell high, this way our economy is getting better day by day so we are earning more with bitcoin than our job,  it is the economic situation which is getting better day by day.
sr. member
Activity: 532
Merit: 250
June 05, 2018, 03:47:59 PM
#61
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!



Indeed true. Currently cryptocurrency is a boom! Many people is interested with this - it is an asset for others, but still the cryptocurrency is not an official currency. Let's face the reality that cryptocurrency is just a currency in internet world. We should still need to convert it to cash to able to spend it. But one thing is I see with these cryptocurrency especially with Bitcoin - your money gain more, at the same time so still saving. Why? because since it is in the internet world you would not have a cash on hand which will be able to avoid spending it in not so needed things.


legendary
Activity: 1386
Merit: 1058
June 05, 2018, 11:26:20 AM
#60
I think cash is also very meaningful in life, it takes years for the digital currency in this life
No one is saying cash is not meaningful here but the fact that it is becoming glaring that things are not going well with fiat and general level of economy globally, at least in most countries.

Gradually, we are beginning to see some high level of inflation, high interest rate on loans and so on, and all these things depict that things are about going awry and I totally accept the fact that most people may actually start seeing bitcoin and cryptocurrency at large as a safe haven to store their money, asides gold that has always been the top notch over the years.
full member
Activity: 369
Merit: 106
June 05, 2018, 10:44:18 AM
#59
yes, cryptocurrency has benefits that are not bound by exchange rates, interest rates or transaction costs. In addition, transactions in cryptocurrency occur at the same rate, regardless of where the sender and receiver are located.
newbie
Activity: 28
Merit: 0
June 05, 2018, 10:15:35 AM
#58
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!




Yes your imagination is right,but we need to concentrate that crypto will dominate in economy,although this bull of economy need to be regulated and observed so that this could be stable and keep growing,
full member
Activity: 668
Merit: 100
DogData
June 05, 2018, 10:03:37 AM
#57
The economy around the world is growing at a staggering rate but the problem is most of the wealth is going to the top 1 percent.  The rich are getting richer and the wealth gap is growing every day.
it is basically the economy is increasing, and make the poor people will be poor, caused by the increasing economic growth, so I think, should the government have to think about the poor people as well.
sr. member
Activity: 518
Merit: 250
June 05, 2018, 10:02:08 AM
#56
I actually agree with what the OP had to say and I think in the future that will happen or it is possible to happen when some countries will create their own coin and will soon use them. But some will not take out cash because they are used to it and some cant let go of it.
sr. member
Activity: 631
Merit: 253
June 05, 2018, 09:47:41 AM
#55
there are still very few people involved in cryptocurrency, most people in the world still rely on cash or paper money, the education of cryptocurrency is still very small, whereas cryptocurrency offers economic improvement, hopefully the government will open up and provide cryptocurrency education to their community.

That is mainly due to not many governments wants to use it. If governments put a restriction on dealing with cryptos then no businesses will accept cryptos. So if governments faster regulate this market then many people may show interest in crypto investments.

In my country even though got a Bitcoin ATM but no shops either directly or online they will accept any cryptos then why common people will show the interest to invest in this high-risk coins? Only who believe in bitcoins will invest money so this market is still a small but not very small because it is growing slowly.
Well that answers a lot of questions going on here. Same here, some merchants are already starting to acknowledge bitcoin and are only waiting for the governments go signal for regulations. We cannot also blame them, they are being cautious, and its not also a wise move to risk something without gaining and if there is, it is still below 50% chance of success.
hero member
Activity: 1498
Merit: 507
Not your Keys, not your Bitcoin
June 05, 2018, 09:14:02 AM
#54
for me not really going up because some country are do not know what is economy means because some are of  lack of education.so the poor is getting poorer.government must really aprreciate cryptocurrency.
Economy is decide by Education and wealth of the country but if you think individual perspective Environment and society is the major in Economic development. Nowadays most of the countries are understand the Cryptocurrency potential so many governments are thinking the Crypto legalisation and regulation of the Crypto currency. I think day by day we are all moving upward so as soon as possible global currency is possible in Bitcoin that day Crypto currency is peak in the market.
legendary
Activity: 1456
Merit: 1023
June 05, 2018, 09:01:37 AM
#53
there are still very few people involved in cryptocurrency, most people in the world still rely on cash or paper money, the education of cryptocurrency is still very small, whereas cryptocurrency offers economic improvement, hopefully the government will open up and provide cryptocurrency education to their community.

That is mainly due to not many governments wants to use it. If governments put a restriction on dealing with cryptos then no businesses will accept cryptos. So if governments faster regulate this market then many people may show interest in crypto investments.

In my country even though got a Bitcoin ATM but no shops either directly or online they will accept any cryptos then why common people will show the interest to invest in this high-risk coins? Only who believe in bitcoins will invest money so this market is still a small but not very small because it is growing slowly.
member
Activity: 69
Merit: 10
June 05, 2018, 09:00:22 AM
#52
for me not really going up because some country are do not know what is economy means because some are of  lack of education.so the poor is getting poorer.government must really aprreciate cryptocurrency.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
June 05, 2018, 08:18:40 AM
#51
this is an economy wheel, money will spin constantly in the middle of human beings, be it Fiat as well as a cryptocurrency. Each of them has a different place and is still needed. Here we will know that the economy will continue to rise where people make innovations. Vice versa.
Of course, but at least for now, it seems we are actually to enter the era of cryptocurrency being of much value than fiat based on how things are beginning to play out. Yes, we cannot rid fiat in anyway and it will always be valuable and a time will definitely come even if crypto is used eventually as a safe haven, there would still be that form of movement of funds back and forth.

It will kind of be more like a cycle anyway as it is, just the same way we have been having gold over the years. However, we cannot say much on how the long run of it will be playing out, but we will get to see.
full member
Activity: 700
Merit: 117
June 04, 2018, 05:21:24 PM
#50
yes, although the currency of the crypto has a pretty good asset value in terms of finance but I think the cash should still exist and should keep running side by side with crypto currency because cash is still needed in daily needs, especially in countries that do not has a kind of internet network facilities are very adequate.
As many establishment isn't accepting cryptocurrencies, we can't really appreciate its usefulness in the community. Even though it have a growing market but still people are having favorable of using fiat instead. We can't deny that fiat money is still leading in terms of currency, may cryptocurrency is just another option.
member
Activity: 308
Merit: 17
June 04, 2018, 04:19:33 PM
#49
yes, although the currency of the crypto has a pretty good asset value in terms of finance but I think the cash should still exist and should keep running side by side with crypto currency because cash is still needed in daily needs, especially in countries that do not has a kind of internet network facilities are very adequate.
member
Activity: 210
Merit: 10
June 04, 2018, 12:34:43 PM
#48
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!

Bitcoin is an investment that takes time and it was never certain about its price or whatever but this is what makes bitcoin really good because of the pricd range that it can go to. If you have your bitcoin grow more and more everyday then it is a good news if it is not you have to be patient about it because investments aren't fast but it is all worth the wait.
jr. member
Activity: 266
Merit: 1
DATABLOCKCHAIN.IO SALE IS LIVE | MVP @ DBC.IO
June 04, 2018, 12:29:42 PM
#47
The cryptocurrency world has created a new means of escape for the world economy. Still with the timely intervention of the cryptocurrency market, the world governments are opposed to the help it is rendering; like they want the world economy to crash.
full member
Activity: 630
Merit: 172
June 04, 2018, 11:50:02 AM
#46
The economy around the world is growing at a staggering rate but the problem is most of the wealth is going to the top 1 percent.  The rich are getting richer and the wealth gap is growing every day.
full member
Activity: 364
Merit: 103
June 04, 2018, 11:48:01 AM
#45
my response about your opinion, strongly agree and I think it is an interesting opinion when we are really saturated with the pattern or system, but once again this new system (crypto) is not contrary to the existing system, even complement each other, even dapan with ease to conclude that in the presence of crypto can be said as a new alternative form in the world of advanced technological era, which can be said gateway on the combination of a technology and the economy that has been established at this time, the impact will change the viewpoint of the economic patterns related to what is wealth and investment, and now we have opened ourselves both in the sense of habits and knowledge that affect the future, hopefully useful and successful for all of us
sr. member
Activity: 910
Merit: 260
June 04, 2018, 10:26:53 AM
#44
Economy is important of the country and country growth. It good for the people. People growth is county economy growth. So some county will be don't know the economy. Economy is not currency. It part of the county growth. So county will be support  the people. But some county will be support the people growth. Nowadays bitcoin is help to people growth. most the county try to improve the business. So check the other country economy growth. If need for the other country first check the country economy. Then easy to get the other country growth. If people will be improve county also improve.
jr. member
Activity: 100
Merit: 1
June 04, 2018, 09:39:22 AM
#43
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 disagree about cryptocurrency being the safest haven. For now, there probably nothing that the government and the oligarch can do about manipulating it, but just wait until it becomes globally indemand.


Well, if you buy BTC now, it will for sure not go to 1$. For the people of Venezuela and Argentina and what not, this is better than their currency. And many currencies are headed that way.
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