Money & Inflation | Bitcointalksearch.org

deisik

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Quote from: Indamuck on February 24, 2019, 01:23:52 PM

The United States government will continue to pump out money so they can artificially raise the stock market up, this scam has been going on for decades and has gotten worse once they went off the gold standard. at least bitcoin has no central party that can just print money like the FED

If it is going to last another decade or two, then it doesn't really matter

Though I feel certain that it will last for longer, much longer, while the American dollar will be the last to bite the dust and kick the bucket. If this scam has been going on for years, why did it not end already? Or maybe, they are in fact doing everything right after all? If they are pumping out money like there's no tomorrow, we should expect at least 2-digit inflation rates, right? But inflation in the US has been one of the lowest in the world in the last years. How come?

Indamuck

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The United States government will continue to pump out money so they can artificially raise the stock market up, this scam has been going on for decades and has gotten worse once they went off the gold standard. at least bitcoin has no central party that can just print money like the FED.

Yusuf77

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Quote from: baobao2000 on January 08, 2019, 09:23:45 AM

Totally agree with most of comments. The inflation make me think there are not point to save money at all, you can imagine the money you save, after 10 years it is worthless, so why not spend them now, but then what happened if we need money if we don’t have saving. I think this is why I like bitcoin, there are limit of supply.

money and inflation are fears that make the government take unilateral decisions like crypto currencies are prohibited from being used in the country for fear of inflation

iv4n

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Quote from: berrehili on January 02, 2019, 07:14:25 AM

Hi everyone,

Please watch this video:
https://www.youtube.com/watch?v=THAaIZmxfNA

Quantity of money per unit of output and price index is deeply intricate. At the end of the day, the more cryptocurrency is produced without needed and real usage in economy the lower the value of your crypto assets.

In every beginning it`s like that, this wave of new crypto currencies, coins and tokens built on some platform will not last forever. Something like crystallization, we will see bad ones falling off, and good ones will make a beautiful stone. Money is just a medium of exchange, before couple thousands years money was in the form of small knives and spades, we have money in the form of gold and silver, now we have paper bills and from recently credit cards, crypto currencies are the next step in evolution. All of them have some similarities, pros and cons, but each of them is special for something. Some crypto assets have real usage already and high value, don`t believe in every video from youtube.

buleidada

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Quote from: Xk80jq on January 02, 2019, 09:39:02 AM

Inflation is not a good words in the country like Philippines and to others country that belong in the third world country and so stressful. So because of that I can choose money to can manage to support my needs and my family.

yes indeed inflation is very dangerous for all countries, both developed, developing and backward countries. My country of inflation can be overcome in various ways but few opportunities to reduce inflation

sclmte

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inflation is about a change that people are especially grateful especially in the Philippines that are very influential in the changing economies of the country because of this many disagreements in the government, it is difficult to buy because of expensive cost. often the government is the ones they follow they do not know that there are many difficulties and distresses and all they suffer

Coyster

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Quote from: Sadlife on February 21, 2019, 09:34:55 AM

That's why its important to not just blindly put your money on some coin that you know that has no real use in the real world cause it will surely pump and dump. Will its probably up to you if you want to speculate on its price. Everyday new tokens arrive with no concept or new idea to introduce in the crypto space that's how they turn into shitcoins.

And that's the major reason why most coins after listing never rise again,this are coins that cannot offer anything whatsoever,the idea behind them was poorly thought and never in a million years will there be any demand for it, as its use is not viable in real times.
Before I invest in a project,i must understand what the project is all about,and that's not just on the beginning stage but I'm talking of right into the future,it must be one I feel in years to come it'll still be viable and cannot go extinct

awik p

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Quote from: iMark on February 23, 2019, 09:45:13 PM

Quote from: Ranly123 on February 20, 2019, 08:39:47 AM

Quote from: Xk80jq on January 02, 2019, 09:39:02 AM

Inflation is not a good words in the country like Philippines and to others country that belong in the third world country and so stressful. So because of that I can choose money to can manage to support my needs and my family.

Even if you have the money, when inflation strikes to your country you will feel the rise of price of your basic commodities. Also I don't think you can earn much if there is inflation on the basic needs to sustain your daily consumptions.

For developing countries or third world countries of course inflation is a scourge that sometimes can make you poor suddenly,
you must be smart for this, save your wealth in commodities that are not affected by inflation such as gold or silver

right, indeed putting money on one asset such as gold is a good choice so that it is not affected by inflation. moreover we can have property, certainly not only unaffected by inflation, but the increase in property prices is greater than inflation. currently there are other options for investing, where many people call it digital gold

iMark

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Quote from: Ranly123 on February 20, 2019, 08:39:47 AM

Quote from: Xk80jq on January 02, 2019, 09:39:02 AM

Inflation is not a good words in the country like Philippines and to others country that belong in the third world country and so stressful. So because of that I can choose money to can manage to support my needs and my family.

Even if you have the money, when inflation strikes to your country you will feel the rise of price of your basic commodities. Also I don't think you can earn much if there is inflation on the basic needs to sustain your daily consumptions.

For developing countries or third world countries of course inflation is a scourge that sometimes can make you poor suddenly,
you must be smart for this, save your wealth in commodities that are not affected by inflation such as gold or silver

danherbias07

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As I have read ICO production are now getting lower. It must be really stopped before we end up getting low values because of the amount of money coming out to them without even good usage.

Product is more important than everything and as we can see, past ICO's dont even have it. It is just an imaginary product and the bad thing is they are being supported without it.

Maybe we should be supporting those who are established by now and not like the greed to take that big profit by risking too much.

Reid

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It is because of the division of investment.
Another is the fact that someone is buying those new tokens.

One thing that I have been pushing here since before.
If you want your altcoins to grow in value then keep on pushing bitcoin first. If not, then we will be staying in this kind of market forever.
All of these coins are just going to stay in one price just like how bitcoin is right now. Hate to say it but it is true.

BestSSS

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I have been saying for a long time that what is happening on the exchanges of cryptocurrencies is no good. You can not spend so much ICO every day and add so many new projects, because it looks like inflation. The more currencies the less valuable they are. By reducing the number of tokens, it may be possible to increase the price of the most promising projects.

Sadlife

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That's why its important to not just blindly put your money on some coin that you know that has no real use in the real world cause it will surely pump and dump. Will its probably up to you if you want to speculate on its price. Everyday new tokens arrive with no concept or new idea to introduce in the crypto space that's how they turn into shitcoins.

gantez

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Quote from: oriontab on January 08, 2019, 08:24:19 AM

It is always the case that the inflation hurts us even when we do not realize or ignore it.Overtime, the money you own become worthless.that is why it is always a better deal to put your money in real assets that grows faster than the average inflation rate over time

Inflation is a wide fire that consumes a country economy and renders the masses into below average standard of living. You witness a mass poverty in a country that is suffering from inflation. It must likely devalues the currency.

However, a citizen that has his money or income in foreign currency tend to live like a king because he has so much value in money to purchase products, invest and sustain himself.

deisik

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Quote from: magneto on February 20, 2019, 03:13:07 PM

I personally don't think that the creation of other crypto assets or projects necessarily will depreciate the value of bitcoins. It may decrease the market share of bitcoins in the overall crypto market, but since the crypto assets that are on sale with an initial public offering right now are completely different from bitcoin in nature (a lot probably can't even be classified as 'currency')

I think things are more complicated. People are greedy, and what is even worse, their greed is in fact insatiable. When they had earned something via Bitcoin, they got used to these profits coming their way, and then they started looking for ways to get even more dough. So they chose to leave Bitcoin, fully or partially, and invest in something else. But something else here is synonymous with scams, fraudulent schemes and similar stuff. In simple terms, the idea of value dilution through myriads of shitcoins seems quite legit

And it is definitely not about the market share, of course

magneto

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Interesting video. Pretty sure I've seen at least part of it before.

Quote

Quantity of money per unit of output and price index is deeply intricate. At the end of the day, the more cryptocurrency is produced without needed and real usage in economy the lower the value of your crypto assets.

I personally don't think that the creation of other crypto assets or projects necessarily will depreciate the value of bitcoins. It may decrease the market share of bitcoins in the overall crypto market, but since the crypto assets that are on sale with an initial public offering right now are completely different from bitcoin in nature (a lot probably can't even be classified as 'currency').

What will affect bitcoin's value and inflation is the rate at which it's being produced at, which right now is 12.5. The growth of bitcoin's supply is controlled, which is extremely different from the system that fiat operates in which can often leading to debasement of currency in a very short amount of time due to government mismanagement.

What you say regarding bitcoin produced without an increase in demand in the economy for BTC leading to inflation is true, but right now, I think the rate of adoption far exceeds what bitcoin's inflation figures are. And the beauty of a disinflationary system like bitcoin is that as adoption stops growing as fast as BTC gets widely adopted, so does the rate of growth in the money supply.

chrisculanag

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Yes money is very important to us because it our source to live a good life but inflation is one of the problem in every country its make economy market in high price , but there a solution with this if the salary of every workers are going up too. If we have a good salary worker the inflation is can affects us. But how about the little people that cannot earn to much money thats why inflation is not good . Every country need a equality to the community and that is the one solution that i think.

horrifiedx1

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Quote from: Renaldi blackspadeteam on February 20, 2019, 09:45:56 AM

hearing the word inflation, really this is very scary, and right if crypto is made continuously it will lose its value but this is a race, if crypto is made by a great project and has loyal users it will not lose its value, so I think all projects have the right to making crypto and for crypto value problems from each project will be different

indeed with the increasing number of projects, the need for bitcoin is even greater. so that it will maintain stability and even price increases. but with a note that the project must be healthy, if the opposite happens, it will hamper development, and certainly cannot offset the inflation rate

ryap12

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Quote from: BitcoinTurk on February 19, 2019, 11:43:05 AM

In the economy there is a rule; As the money supply increases, the inflation rate increases in the long term. But the situation here is not to limit money production, but not to print more of the determined money supply. In other words, as long as any country raises money under certain rules, money does not lose money because of inflation, but if any country exceeds this amount of money and continues to print money, then the inflation rate in that country increases and the country's money loses value. On the other hand, for cryptos, the total supply of many cryptocurreny is clear and this supply cannot be changed. Therefore, it is not possible to see an event like inflation in the cryptocurrency sector. Of course, in case of increasing the amount of supply, loss of reputation in the market and serious depreciation are also inevitable.

So the fewer the supply, the better value it gets. This kind of stuff is very common already and that it both applies to fiats and cryptocurrencies. The only way to inflate is to stop producing and keep on using then it should inflate.

Renaldi blackspadeteam

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hearing the word inflation, really this is very scary, and right if crypto is made continuously it will lose its value but this is a race, if crypto is made by a great project and has loyal users it will not lose its value, so I think all projects have the right to making crypto and for crypto value problems from each project will be different

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