Either Bitcoin will end or we will be at the peak of inflation - page 2.

palle11

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Quote from: DashingAgent on August 17, 2022, 06:50:20 AM

Either Bitcoin will end or we will be at the peak of inflation where hourly wages will be million of dollars in upcoming years due to the circumstances we will face,

You don't understand the causes of inflation with this. I don't think bitcoin is having any part of the fault that countries have inflation. It is totally a human factor that either caused by improper planning and management or a circumstances above just planning. I looked for the causes online I saw it wasn't any of cryptocurrency business or bitcoin but human.

With a little knowledge from the economic books, I also understand that when there is unregulated printing of money, it affects the cost of goods since there will be too much money in people custody and they can afford to make more demands for goods.

tbct_mt2

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Bitcoin is not here to solve all issues on Earth so it does not solve inflation issues from banks. Never.

Banks and governments create issues and they have to solve them but I am very doubtful that they don't have intention to do it.

The issue can become bigger, worse at some points or looks better temporarily but it has never been solved. Chronologically inflation is non stop.

https://www.visualcapitalist.com/purchasing-power-of-the-u-s-dollar-over-time/

CapGelatik

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for Ether and Bitcoin will end I really don't agree, because these two coins are indeed icons of the crypto currency itself and of course Blockchain,
and about inflation, yes, we are at the peak of inflation, reportedly America will also raise interest rates again them,
and hopefully it will be the last one, and hopefully the economy will be as good as it used to be.

kamvreto

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I understand that you are a shiba army, but let's think logically and with good reason. Is it possible that the shiba is traded against the USD in a 1:1 ratio. please don't get your hopes up. just be more realistic and target a reasonable price.
Bitcoin may fall and experience corrections or crashes, but it will not die like shitcoins. I think you just equate shiba with bitcoin. Remember that Bitcoin only has a supply of 21 Million Bitcoins and still 1,873,413 BTC (currently written). Bitcoins will be scarcer.

worle1bm

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So if the future time is for Robots then it makes Shiba Inu trading at 1:1 ratio of USD? I completely disagree with this statement and you would see some more memecoins outperforming each other in percentage rise but they all are temporarily pumping and in last they are the one's which will be lying dead in the holders wallet and don't believe in such fake news you see over the internet.

Bitcoin can go down in value but if you are thinking of it going to zero then it would need $500 billion crash for the entire market to collapse and even more with people not investing in btc and it becomes obsolete so do you think it's happening with bitcoin now? So make some research first about the same.

bhooscream

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Quote from: DashingAgent on August 17, 2022, 06:50:20 AM

Either Bitcoin will end or we will be at the peak of inflation

Bitcoin will end? This is commonly said by the Bitcoin haters. If you are not, better not to say that because it seems to be funny.
The bitcoin price crash has happened several times and this is not surprising. But, Bitcoin will be always able to turn back again to reach the ATH. This is only in the cycle. So don't need to panic.

Quote from: DashingAgent on August 17, 2022, 06:50:20 AM

It is possible that we can see Shiba Inu coin to be traded against USD at 1:1 ratio.

Why should relate to Shiba Inu?
Where we are talking aboutBitcoin is a worthy conversation. But at the end, you said about Shiba Inu. It seems that your main topic is actually for Shiba Inu Grin

Not sure about Shiba Inu,

goaldigger

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Quote from: mk4 on August 18, 2022, 12:01:37 AM

Quote from: DashingAgent on August 17, 2022, 07:33:38 AM

What makes you think this is all trolling? Because in the future we are going to step into a world made of robots, In such a situation, even if people are offered millions of dollars in salary, they will not give importance to it, but will save the same amount in cryptocurrency. Because there is no better profitable commodity than cryptocurrency. But it has another factor which is completely negative. Perhaps the end of Bitcoin

If it's not trolling, before making such topics with so much confidence you need to learn about market capitalization(marketcaps).

https://www.investopedia.com/terms/m/marketcapitalization.asp

Talking about the fall of Bitcoin and the rise of SHIB with a lot of supply, that can even surpass a lot of fiat currency. Well, marketcaps is the basis of being realistic here and we should always aware of this. Bitcoin will rise faster than the inflation and that’s a good thing because it proves that investing really beat the inflation compare to savings account that can only give small interest. There’s a lot of bullish prediction for next coming years, it’s good to take action now.

pokeronlinestatus

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Quote from: jossiel on August 17, 2022, 01:50:06 PM

I see where you're going. People that have the opinion telling that bitcoin might come to an end has some agenda with the altcoins that they're supporting.

There's no need for you guys to say that bitcoin might end and your altcoins will be uplifted just for that sake.

Quote from: DashingAgent on August 17, 2022, 06:50:20 AM

It is possible that we can see Shiba Inu coin to be traded against USD at 1:1 ratio.

Come on, that's not going to happen. Check the supply limit of it. It's the law of supply and demand as always.

Maybe you are right with that because at the end of his sentence he mentioned the meme coin shiba inu but how come that shiba inu can be valued at 1 dollar a piece when the inflation peaks? He said btc will be dead the moment it happens and other cryptos will end up on the same path. But let say they won't be dead and they will still remain.

The only negative effect that the inflation can cause to them is that their value will fall off drastically, more with those meme coins like shiba inu. Op forgot to add vice versa on his title. Inflation is the one that will end and not bitcoin's and when that happens, bitcoin's value will now be on its peak.

masulum

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hmph..

Quote from: Dave1 on August 18, 2022, 02:43:15 AM

Too big to fall now, I mean bitcoin has been in existence for more than a decade now and yet even if we have the worst economic disaster like the effect of Covid-19 globally and then the war in EU, still reaches new all time high in November 2021. Then the bubble has been burst and we are in the bear market. Nevertheless, we will rebound again in 2024 and the bullish cycle starts. So it will not be the end, but we will continue to grow in the future.

true, the distribution of BTC is now not only held by thousands of people, but exceeds millions of people around the world. If someone want to say Bitcoin "ends", then the whole world has to let go of Bitcoin. however, we must also remember that, the dream of Shiba trading 1:1 against the USD, is far from logical. because, if Bitcoin ends, then all altcoins likely dead. The reason is, there is no more trust for crypto when this happens, since the crypto currency mother has been died, there will be a really big sell-off that consumes the entire liquidation of coins/tokens on all exchanges. But, can something like this happen? Impossible, too much money to spend to end it all.

Dave1

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Too big to fall now, I mean bitcoin has been in existence for more than a decade now and yet even if we have the worst economic disaster like the effect of Covid-19 globally and then the war in EU, still reaches new all time high in November 2021. Then the bubble has been burst and we are in the bear market. Nevertheless, we will rebound again in 2024 and the bullish cycle starts. So it will not be the end, but we will continue to grow in the future.

mk4

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Paldo.io 🤖

Quote from: DashingAgent on August 17, 2022, 07:33:38 AM

What makes you think this is all trolling? Because in the future we are going to step into a world made of robots, In such a situation, even if people are offered millions of dollars in salary, they will not give importance to it, but will save the same amount in cryptocurrency. Because there is no better profitable commodity than cryptocurrency. But it has another factor which is completely negative. Perhaps the end of Bitcoin

If it's not trolling, before making such topics with so much confidence you need to learn about market capitalization(marketcaps).

https://www.investopedia.com/terms/m/marketcapitalization.asp

GreatArkansas

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Quote from: DashingAgent on August 17, 2022, 06:50:20 AM

(......)
It is possible that we can see Shiba Inu coin to be traded against USD at 1:1 ratio.

Hahahaha, this is very impossible to happen. for me, Shiba Inu is just a impostor of Dogecoin.
Dogecoin is like Bitcoin of meme coins, where Dogecoin will always stay and other will vanish where they are just pure hype, and the original will always stay.

jossiel

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I see where you're going. People that have the opinion telling that bitcoin might come to an end has some agenda with the altcoins that they're supporting.

There's no need for you guys to say that bitcoin might end and your altcoins will be uplifted just for that sake.

Quote from: DashingAgent on August 17, 2022, 06:50:20 AM

It is possible that we can see Shiba Inu coin to be traded against USD at 1:1 ratio.

Come on, that's not going to happen. Check the supply limit of it. It's the law of supply and demand as always.

stompix

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Blackjack.fun

Quote from: DashingAgent on August 17, 2022, 07:33:38 AM

Quote from: mk4 on August 17, 2022, 07:22:54 AM

Not sure if trolling or stupid.

What makes you think this is all trolling?

You realize that this wasn't the best comeback, right? Cause if it's not trolling....

Quote from: DashingAgent on August 17, 2022, 07:33:38 AM

Because in the future we are going to step into a world made of robots,

Where can I buy my zom bot?

Quote from: DashingAgent on August 17, 2022, 07:33:38 AM

In such a situation, even if people are offered millions of dollars in salary, they will not give importance to it, but will save the same amount in cryptocurrency. Because there is no better profitable commodity than cryptocurrency.

So why would I need crypto in that case either, cause if we have robots doing everything and nobody wanting money there won't be anyone willing to work for crypto either.

Jawhead999

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When you predict Bitcoin will end or completely died and at the same time predict Shiba Inu will reach $1 while the current price is just $0.00001601 aren't make sense. If Bitcoin become dead coin, I believe there's no coins can survive which is also the end of cryptocurrency.

After 13 years Bitcoin created and there's so many coins out there have been created, but still not exceed Bitcoin. This mean most of cryptos were created already failed.

DashingAgent

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So many books, so little time

What makes you think this is all trolling? Because in the future we are going to step into a world made of robots, In such a situation, even if people are offered millions of dollars in salary, they will not give importance to it, but will save the same amount in cryptocurrency. Because there is no better profitable commodity than cryptocurrency. But it has another factor which is completely negative. Perhaps the end of Bitcoin

Quote from: mk4 on August 17, 2022, 07:22:54 AM

It's not impossible for us to see bitcoin crashing down in price due to economic factors, but "end" as in dying or some sort? Nah mate.

Quote from: DashingAgent on August 17, 2022, 06:50:20 AM

It is possible that we can see Shiba Inu coin to be traded against USD at 1:1 ratio.

Not sure if trolling or stupid.

mk4

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Paldo.io 🤖

It's not impossible for us to see bitcoin crashing down in price due to economic factors, but "end" as in dying or some sort? Nah mate.

Quote from: DashingAgent on August 17, 2022, 06:50:20 AM

It is possible that we can see Shiba Inu coin to be traded against USD at 1:1 ratio.

Not sure if trolling or stupid.

DashingAgent

member

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So many books, so little time

Either Bitcoin will end or we will be at the peak of inflation

Either Bitcoin will end or we will be at the peak of inflation where hourly wages will be million of dollars in upcoming years due to the circumstances we will face, The global wealth which is currently 518T might reach to100kT at the end of 2030. It is possible that we can see Shiba Inu coin to be traded against USD at 1:1 ratio.

Topic: Either Bitcoin will end or we will be at the peak of inflation - page 2. (Read 287 times)