Topic: Fiat currency value and Economy debt - page 4. (Read 639 times)
We cannot say it would even hit those prices. However, you're right, great debts made to invest would fireback and crash of prices would happen, economic crisis is yet to start again. However, the same is true with fiat. With more debt to purchase, and higher prices, leads to crisis. But I don't think that would happen even if the next halving occurs. We just need to wait and handle the situation to make the most out of it.
it is true that debt can make economic conditions unfavorable as happens in a country that has a lot of debt and at this time the country is no longer valuable, its financial condition is not good, if you are concerned about bitcoin which has a limited total supply and demand is also very I don't think it can influence the world economic conditions.
I think after economy boom and the end of huge debt wich will be never repayed there will be Economy slow down and fiat currency Will have huge value!!
During the boom assets Prices going up... So More money Will Go the asset owners Once boom is over the most of the money Will be hands of the rich... Everybody Will be debted... Simply everybody is looking for money but simply there Will be significant smaller ammount of the money.
So in my opinion Bitcoin Can Go up like 100k to 500k. Even 1 milj.... But at the end it will crash.
And after crash the fiat currency Will have biggest purache power. Crypto Will be zero.
The point is that debt and quantive easing will Give at the End More value to fiat currency!
So those who talking about fiat currency devaluatiion or so You are all wrong.
No one could predict it correctly but there are possibilities that you're assumptions could make sense but surely not guaranteed at all. Let's say that you're upbringings about bicoin's price will really take place and will reach 100k usd to 1 million, once people knew about it, they will surely do a massive patronage of bitcoin because of its price then drive bitcoin's price even more higher, if that's the case, I don't think it will still fall for there are lots of users and they will be the one feeding the movement. During the boom assets Prices going up... So More money Will Go the asset owners Once boom is over the most of the money Will be hands of the rich... Everybody Will be debted... Simply everybody is looking for money but simply there Will be significant smaller ammount of the money.
So in my opinion Bitcoin Can Go up like 100k to 500k. Even 1 milj.... But at the end it will crash.
And after crash the fiat currency Will have biggest purache power. Crypto Will be zero.
The point is that debt and quantive easing will Give at the End More value to fiat currency!
So those who talking about fiat currency devaluatiion or so You are all wrong.
I myself don't have a clue in what direction any of the economies around the world will take, as far as financial and regulatory concerns go, but I do know this, Bitcoin and other cryptocurrencies that are blockchain related may never replace fiat, but they do act as stores of value and many compare it to gold.
To see the price reach around $20,000 again seems unrealistic any time soon, but one day it may even surpass it's all time high. I just hope that when it does, it isnt from pumped up inflation again.
To see the price reach around $20,000 again seems unrealistic any time soon, but one day it may even surpass it's all time high. I just hope that when it does, it isnt from pumped up inflation again.
100k, 500k? I don't believe he goes that far. But let's just say that impotetically he gets this value, don't you think that when he achieves that feat there would be millions and billions of people using btc around the world? In my opinion if it reaches these values or anything close to it, it would hardly fall again.
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I'm not an Economics expert but I don't really like for BTC to be discussed specially when it comes to its price hitting up 100k - 1M usd price.We can presume all we want but the reality would always slapped you down to the core.Just let things happen as it should be yet we cant
change it off in the first place.
I think after economy boom and the end of huge debt wich will be never repayed there will be Economy slow down and fiat currency Will have huge value!!
During the boom assets Prices going up... So More money Will Go the asset owners Once boom is over the most of the money Will be hands of the rich... Everybody Will be debted... Simply everybody is looking for money but simply there Will be significant smaller ammount of the money.
So in my opinion Bitcoin Can Go up like 100k to 500k. Even 1 milj.... But at the end it will crash.
And after crash the fiat currency Will have biggest purache power. Crypto Will be zero.
The point is that debt and quantive easing will Give at the End More value to fiat currency!
So those who talking about fiat currency devaluatiion or so You are all wrong.
During the boom assets Prices going up... So More money Will Go the asset owners Once boom is over the most of the money Will be hands of the rich... Everybody Will be debted... Simply everybody is looking for money but simply there Will be significant smaller ammount of the money.
So in my opinion Bitcoin Can Go up like 100k to 500k. Even 1 milj.... But at the end it will crash.
And after crash the fiat currency Will have biggest purache power. Crypto Will be zero.
The point is that debt and quantive easing will Give at the End More value to fiat currency!
So those who talking about fiat currency devaluatiion or so You are all wrong.
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