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Topic: Fed and Europe and Even Australia did rate cut but btc Still low (Read 612 times)

jr. member
Activity: 392
Merit: 7
It seems to me that  euro will boost up ethereum.
And USA dollar will boost up bitcoin.


Fed cutted rates just before bakkt launched.
This time the fed money will go in bitcoins.

Bakkkt, ice its wall street,there is heavy Money.

One buy Order will make a bitcoin Going up!
As there is More money then bitcoins Everybody can undestood that bitcoin price will go higher!


Ethereum price is moving up coz of European kraken   exchanger trading!
sr. member
Activity: 994
Merit: 302
2017 was more an anomaly. I even see more experienced traders here in the forum say they find it inexplicable.

I think btc have a lower demand for now. If predictions are right that we might get a crash around 2020 then maybe we can see a surge in prices.

The way you think is wrong, and also BTC is not low currently, I think that's exactly where it should be in terms of price. If you want to see low price check data from last year, price was close to $3000 for months, and it go above $4000 in March this year.

This. ^

People were already panicking when it dropped to 3k so by comparison the current 9k don't look shabby. Some people would have already made a profit at this rate.
legendary
Activity: 3248
Merit: 1179
Fed, au and europe is about to cut rates.
But Why Bitcoin is Still low?
2017 was Even less rate cuts but btc was 20k.

Now everywhere is rate cuts but btc Price is Still low



Anyone knows Why its like that?

Its about understanding the cause and effect on the increase in the price of bitcoin in 2017 and to a large extent, the low rates have little or no effect on price at the time except I read of a superior argument. At the time in 2017, several factors were responsible for the all time high among which include the era of ICO making waves which in turn led to the increase of fresh funds into crypto, another factor is the advent of forks which was so popular that people were moved in other to benefit from the ''free coins'' that would come from such activities. With all of these happenings, the media publicity was equally the loudest which gave more exposure and a lot of people came in until the downward trend start happening.

But cutting rates should be interesting for people who wish to invest or make some business, and that should affect the demand. This is a good move and it will affect the demand in long run, nothing happens over night, it`s what people don`t understand. Give it a time, like with most of the things it takes time to start working.
Most investors in ICO`s are from crypto world, people who have some bitcoins. New people start with bitcoin, not with ICO`s, I don`t know where you get that from.
hero member
Activity: 1330
Merit: 569
Fed, au and europe is about to cut rates.
But Why Bitcoin is Still low?
2017 was Even less rate cuts but btc was 20k.

Now everywhere is rate cuts but btc Price is Still low



Anyone knows Why its like that?

Its about understanding the cause and effect on the increase in the price of bitcoin in 2017 and to a large extent, the low rates have little or no effect on price at the time except I read of a superior argument. At the time in 2017, several factors were responsible for the all time high among which include the era of ICO making waves which in turn led to the increase of fresh funds into crypto, another factor is the advent of forks which was so popular that people were moved in other to benefit from the ''free coins'' that would come from such activities. With all of these happenings, the media publicity was equally the loudest which gave more exposure and a lot of people came in until the downward trend start happening.
sr. member
Activity: 1188
Merit: 251
although there is good news like that I think the movement of bitcoin prices will not be easy to be able to go up because what makes prices go up is the good news stating that bitcoin can be used in every country or there is a halving bitcoin which can have a very fast impact on the price of bitcoin.
STT
legendary
Activity: 4102
Merit: 1454
Thats a modern myth, I wish I could look it up on snopes and post the answer why we dont have to print money constantly.   Unfortunately in FIAT economics this has become doctrine but there is no requirement for modern economies to constantly maintain inflation.      That is a correct reflection of the Federal Reserve policy, I believe their target is 2% per year and their objective would be to avoid disorderly markets always as this results in loss and likely recession.
   The previous policy I was familiar with was to maintain no inflation and no deflation so 0% would be the target but governments have always missed this target, mostly too much inflation and then some deflation as the economy retracts.   Now we currently are trying to constantly outrun any retraction at all by ensuring the inflation is never ending.   I think it will spin out of control to put it  briefly as a fiscal surplus is required and balance in general but will never occur so we are going to see failure, possibly default on even the best rated debt similar in circumstance to 2008.

Strong currency leads to prices falling year on year, this phenomena regularly occurs in technology due to rapid advancement and its not a negative by itself but does require careful management of debt to reflect proper investment returns.    Inflation promotion on the other hand diminishes all debt and makes policy very easy, the currency in future is certain to be worth less then now.
jr. member
Activity: 392
Merit: 7
~

The USA dollar is stronger now then ever before.
Inflation is Down, but Economy in USA Not so Strong.
But Strong Economy is Nothing else then just bubble!!

But cutting rates its a addiction, everytime When u cut the Economy Will last shorter time When last time, the Money printing is like a drug.

But ASK Yourself do You Want Strong currency or Strong Economy? 

Im sure people Will choose Strong Economy!

Money printing is an intrinsic part of the modern economy. This economy can't stay at the same level all the time, it can either grow or collapse. Of course the process of money printing should be performed  in accordance with appearance of new goods and services, unlike in Zimbabwe and Venezuela, and for USD it is around 2% annually.

Yes, we choose strong economy over strong currency, but, actually, we have no other choice. Strong currency would lead to economic stagnation and inevitable collapse.




True!  I agree with You!
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
~

The USA dollar is stronger now then ever before.
Inflation is Down, but Economy in USA Not so Strong.
But Strong Economy is Nothing else then just bubble!!

But cutting rates its a addiction, everytime When u cut the Economy Will last shorter time When last time, the Money printing is like a drug.

But ASK Yourself do You Want Strong currency or Strong Economy? 

Im sure people Will choose Strong Economy!

Money printing is an intrinsic part of the modern economy. This economy can't stay at the same level all the time, it can either grow or collapse. Of course the process of money printing should be performed  in accordance with appearance of new goods and services, unlike in Zimbabwe and Venezuela, and for USD it is around 2% annually.

Yes, we choose strong economy over strong currency, but, actually, we have no other choice. Strong currency would lead to economic stagnation and inevitable collapse.
STT
legendary
Activity: 4102
Merit: 1454
Quote
The most trusted hedge is somehow the Gold.

Theres been a net purchase of gold by central banks for over a decade, I'd say its likely to serve a greater usage then just a hedge.   Its possibly part of the transition away from dollar or to put it the other way round, Dollar has consistently detracted from its previous alignment with gold since departing a fixed ratio in the 1970's.
    Negative rates I think is part of the end game because it will become so obvious to every participant in the economy that this is a distortion of economics and is likely related to any problems we see.   If theres never any problems occurring then I guess people wont mind but I think there be side effects to the extreme measures like this that have become normal to all of us.
jr. member
Activity: 392
Merit: 7
wrong  cause- effect chain you are building here , the global rate cut may or may not influence the price
but it is not a factor that makes it jump overnight or break trends
while the trade wars are brewing ( and some are ongoing ) capitol looks for a better place to be , with the rates lowered big players  might want to find some other investment opportunities
but bitcoin is not the only one and also it is very risky and not regulated enough
you have to understand that the big investors are not playing that low as to put their money into a bank and live off the %
the bank's clientelle is small and mid sized businesses and the common folks , ridden with debts
those categories would not have enough money to invest into something "wild" as bitcoin anyways
at least not on a scale where it affects its price





No its Not wrong!


Coz When the rates are cut the assets prices Going Up!


The 2017 was year of rate cuts! 

legendary
Activity: 2016
Merit: 1107
wrong  cause- effect chain you are building here , the global rate cut may or may not influence the price
but it is not a factor that makes it jump overnight or break trends
while the trade wars are brewing ( and some are ongoing ) capitol looks for a better place to be , with the rates lowered big players  might want to find some other investment opportunities
but bitcoin is not the only one and also it is very risky and not regulated enough
you have to understand that the big investors are not playing that low as to put their money into a bank and live off the %
the bank's clientelle is small and mid sized businesses and the common folks , ridden with debts
those categories would not have enough money to invest into something "wild" as bitcoin anyways
at least not on a scale where it affects its price

jr. member
Activity: 392
Merit: 7
Ecb cutted rates Good


But how many people will be affected by that? Probably not that many according to this:

Now Let's Wait for the Good results for Bitcoin.

We can wait for that, of course, but with the current knowledge not many people will invest in BTC instead of EURO/USD. Imo it is very important to surpass the previous ATH, so that no one could say investing in Bitcoin is unprofitable. If BTC crosses $20k that's when the real bull run begins, maybe one we've never seen before, but currently the very fact that BTC price was much higher in the past stops many investors from engaging with it.

If anything, people would rather invest in USD because

... the [US]Dollar remains much more attractive from a yield and safe-haven perspective than any other G10 currency.



The USA dollar is stronger now then ever before.
Inflation is Down, but Economy in USA Not so Strong.
But Strong Economy is Nothing else then just bubble!!

But cutting rates its a addiction, everytime When u cut the Economy Will last shorter time When last time, the Money printing is like a drug.

But ASK Yourself do You Want Strong currency or Strong Economy? 

Im sure people Will choose Strong Economy!
legendary
Activity: 2730
Merit: 1288
Fed, au and europe is about to cut rates.
But Why Bitcoin is Still low?
2017 was Even less rate cuts but btc was 20k.

Bitcoin lost 50% from 2017. It will take decades or even a century with this pace that we will have -50% interest rates.
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
Ecb cutted rates Good


But how many people will be affected by that? Probably not that many according to this:

Now Let's Wait for the Good results for Bitcoin.

We can wait for that, of course, but with the current knowledge not many people will invest in BTC instead of EURO/USD. Imo it is very important to surpass the previous ATH, so that no one could say investing in Bitcoin is unprofitable. If BTC crosses $20k that's when the real bull run begins, maybe one we've never seen before, but currently the very fact that BTC price was much higher in the past stops many investors from engaging with it.

If anything, people would rather invest in USD because

... the [US]Dollar remains much more attractive from a yield and safe-haven perspective than any other G10 currency.
legendary
Activity: 3052
Merit: 1188
Fed, au and europe is about to cut rates.
But Why Bitcoin is Still low?
2017 was Even less rate cuts but btc was 20k.

Now everywhere is rate cuts but btc Price is Still low
Those take time, I mean psychologically sometimes it doesn't take time and people do it right away however that doesn't matter because even if it doesn't happen right away eventually it will do some damage. We are talking about rates here, you need to actually start using it, like on loans, on interest rates, on credit cards, basically everything which means you really have to wait for it to be used by people and get more common, the more common it gets the more price will be affected.

We will see bitcoin going up again, maybe to 20k maybe more or maybe less but in the end it will go up. Don't get me wrong I am not saying 2017 was due to rates but even if it had any relation to it than the relation was due to people using it and not the news about it.
jr. member
Activity: 392
Merit: 7
Ecb cutted rates Good

Now Let's Wait for the Good results for Bitcoin.


Europe starrting money printing, its a official now
legendary
Activity: 1806
Merit: 1521
And Yes 2017 was btc bull run due to high Fiat inflation, offcourse a lot cryptocurrency scams was out there, 2018 scammers dumped profits, As whales.
Those are facts

Fiat inflation may have played some role but it's crazy to say it caused the 2017 bull run. BTC rose 2600% over that year. Were fiat monies being inflated that much? Of course not. The inflation rate of USD in 2017 was like 2%!

We Know that world economy and stock market depends on this cuts

But Bitcoin depends?  Exacly?  What Reason?

That's because rate cuts represent renewed capital liquidity, so banks can lend more to businesses. That keeps businesses from experiences liquidity crunches; it keeps fledgling and near failing businesses afloat and keeps more money flowing through the economy. That renews confidence in the stock markets.

Bitcoin doesn't share these direct correlations, though I believe it does benefit broadly from a healthy economy where businesses are liquid and investors have disposable capital.
legendary
Activity: 2814
Merit: 1192
We Know that world economy and stock market depends on this cuts


But Bitcoin depends?  Exacly?  What Reason?


Just Pure speculation?

In fact Bitcoin depends purely on supply and demand. World economy depends on governments, the value of fiat money, politics that many times come down to threats and pacts, being aggressive and submissive depending on the situation. Compared to all that Bitcoin is pure and almost perfect.
We could see a big spike in the value of gold and a smaller one in Bitcoin when the EU announced their money printing bond program. A bigger one will come, this is just a beginning.
jr. member
Activity: 392
Merit: 7
We Know that world economy and stock market depends on this cuts


But Bitcoin depends?  Exacly?  What Reason?


Just Pure speculation?
hero member
Activity: 2002
Merit: 535
Fed, au and europe is about to cut rates.
But Why Bitcoin is Still low?
2017 was Even less rate cuts but btc was 20k.
Now everywhere is rate cuts but btc Price is Still low
Anyone knows Why its like that?
There is nothing surprising here to understand, it is crystal clear that the market movement in bitcoin does not depends upon federal rate cuts. Bitcoin is not regional based like the stock exchange, it is a global market and if the funds are flowing into the market, you will see a rise, if not you will not find any difference in the market. We all hope that the market will rise after the halving, it is because of less coins coming into the market and we know with experience.
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