Not only is the article old, dating to last year, it also reflects the actions of the a country towards those within it's jurisdiction. The bitcoin community transcends the borders of a single nation.
And while the news was released close to the time of the dip I doubt it had an effect.
Topic: Federal Reserve raises interest rates again,btc dead (Read 213 times)
This is old news, and nothing significant has happened except that we found ourselves sliding down to where we are right now. I wouldn't call bitcoin dead if we're still talking about today's market conditions, as it seems pretty much alive to me albeit the lousy price movements and a not-so-impressive trading volume on exchanges. Many services are still looking into bitcoin and still believe in its potential so yeah, we're still far from being dead IMO.
https://www.bbc.com/news/business-45657009
Federal Reserve raises interest rates again
No money inflow,
2019 bitcoin bubble is about to collapse, below 1k
Federal Reserve raises interest rates again
No money inflow,
2019 bitcoin bubble is about to collapse, below 1k
How come an article dated 26th of September 2018 holds any value now? Also for the future reference, bitcoin's price has no relation with the Fed interest rate. US is already facing a trouble like shutdown and on the verge of seeing another emergency period.
If that happens, you may see a spike in crypto prices instead of a declining trend because a lot of people would want to safeguard their wealth by bypassing them into non fiat channels. I see no reason for worry in case Fed increases rate again in future which is most unlikely to happen.
The article is old ! It would be so kind to pay attention to it. Bitcoin does not depend on one state of the world and nothing will break it. Everything the government does is just empty words and actions. Especially bitcoin technology will not suffer from this and the price will remain the same.
Higher interest rates really may affect bitcoin price, but not so much to " kill" it.
Bitcoin is a high risk investment, while bonds are low risk. Those are different asset classes, and even though bonds are giving better returns now, BTC has the potential to give much more return.
So some money will certainly continue flowing towards bitcoin.
Bitcoin is a high risk investment, while bonds are low risk. Those are different asset classes, and even though bonds are giving better returns now, BTC has the potential to give much more return.
So some money will certainly continue flowing towards bitcoin.
https://www.bbc.com/news/business-45657009
Federal Reserve raises interest rates again
No money inflow,
2019 bitcoin bubble is about to collapse, below 1k
Federal Reserve raises interest rates again
No money inflow,
2019 bitcoin bubble is about to collapse, below 1k
Your linking to an article from the 26 September 2018 so its a really old news, that old interest rates raises will not have any new impact on the market 4 months later.
The world stock market and the crypto market have already been hit hard, do to lack of new quentiare easing from the central banks. Both the fed and the EU central bank have stopped most of the money printing, it going to be interesting to see who will start it first again. Just a week ago, the Chinese central bank injected a net 560 billion yuan ($83 billion) into the banking system.
https://www.cnbc.com/2019/01/16/chinas-central-bank-injects-record-amount-to-stimulate-economy.html
are you crazy! what makes you believe that feds are right and BTC is a bubble?
https://www.bbc.com/news/business-45657009
Federal Reserve raises interest rates again
No money inflow,
2019 bitcoin bubble is about to collapse, below 1k
Federal Reserve raises interest rates again
No money inflow,
2019 bitcoin bubble is about to collapse, below 1k
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