Topic: How does economics evaluate bitcoin? (Read 141 times)
Well every investors and hodlers of bitcoin will sure experience market risk of currency exchange rate fluctuations, irreversible bitcoin payments and transaction risk, Well all of the risk involve with bitcoin can be experience by a hodler I really think many have a negative feed back towards bitcoin and many don't really know how does it work even newly investors will surely have problems with transaction, and even exchanging it can be a hard time for them.
What do you mean by Economics? Did you mean, Economists? { Experts in economics?} Well, if you mean them, then the
answer is simple : Mostly negative, because they are old school trained in the Fiat systems. If some commodity rise in value
over 800%, then it is either a Ponzi or a Bubble according to them. We are the next generation of Crypto currency economists.
answer is simple : Mostly negative, because they are old school trained in the Fiat systems. If some commodity rise in value
over 800%, then it is either a Ponzi or a Bubble according to them. We are the next generation of Crypto currency economists.
I think the crypto holders are used to facing high fluctuations, some are still survive and some are also giving up and leaving bitcoin.
and my opinion, the best option today is to make savings and keep analyzing bitcoin graphics. I do not want to miss the opportunity when bitcoin rises.
and my opinion, the best option today is to make savings and keep analyzing bitcoin graphics. I do not want to miss the opportunity when bitcoin rises.
economics evaluate by bitcoin, bitcoin will be great chance to get more benefit and excatly will be got many profit, by the way if the government will give the allow for bitcoin will be more chance to the people got many profit with bitcoin and it will be the chance to worker to work with bitcoin. just holder will be more benefit in bitcoin and they will got earning and profit in bitcoin without long time.
Any holder of bitcoin will face the market risk of currency exchange rate fluctuations. And the irreversibility of Bitcoin payments also brings transactional risk. How does economics evaluate bitcoin?
economics evaluate bitcoin from how many people ready to pay them money and get bitcoin.bitcoin start gaining more trust last 2 years and that is making price moving fast up to 10,000$.
daily market cap is setting price.
it can still stand maybe, just maybe
Bitcoin may collapse, but as long as it is a currency, it must be tested, and all currencies are experiencing a crisis of existence. The real question is not whether bitcoin will experience bumpy, plunging, or crazy people, but whether it will survive this unavoidable test. If so, it will change the way we value storage means, finances, and even fictitious economic independence, even at very low values.
The bitter popularity of bitcoin, like gold, is a manifestation of our reduced trust in the legal tender during the era of quantitative easing. The biggest risk for bitcoin is that the government may take interventions to destroy the alternatives to the legal tender. But what if a sovereign nation also issues this algorithmic-based currency and will it be able to drive the legal currency out of the market?
Bitcoins are hugely valuable because of their ease of storage, theft, and the difficulty of counterfeiting, but they are doomed to fail to be effective substitutes for currency due to the limited and known availability of bitcoin. In addition, it clearly does not have any use value, all this will make it completely destroyed.
The fiery bitcoin has been associated with the recent speculation in the media that the global economy will be sluggish and its value is more likely to be hyped than traditional financial products. Bitcoin bitcoin is a huge risk, but we never lack speculators. As a new financial speculation tool, Bitcoin will accompany us for a long time.
Any holder of bitcoin will face the market risk of currency exchange rate fluctuations. And the irreversibility of Bitcoin payments also brings transactional risk. How does economics evaluate bitcoin?
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