Posts: 21 Threads: 0 Joined: N/A I think that through cryptocurrencies the excess money supply that central banks and the Fed are throwing away is sterilized. Stocks used to be good for this purpose, but now a "parallel" money sterilization circuit is open Posts: 10 Threads: 0 Joined: N/A July 22, 2022 at 12:58 AM crypto seems like mostly a scam at this point and i hope y'all don't lose all your money Posts: 40 Threads: 0 Joined: N/A It can be good if you want to buy it but it is bad when you want to sell Posts: 14 Threads: 0 Joined: N/A July 24, 2022 at 12:09 PM Of course it's good. You can grab more for a better price. Plus it's healthy for the overall growth of the industry. I'd say it is even coming a bit late, if we look at the pattern of the previous crashes. Posts: 5 Threads: 0 Joined: N/A As long we buy high and sell low..... everything's gonna be fine :P Posts: 19 Threads: 0 Joined: N/A good, i like losing money Posts: 18 Threads: 0 Joined: N/A Decentralization is the new trend of development. Posts: 24 Threads: 0 Joined: N/A (July 21, 2022, 02:40 PM)Worm Wrote: (July 20, 2022, 07:22 PM)Finkenstein Wrote: (July 19, 2022, 06:37 PM)whatawonderfulwr Wrote: (July 17, 2022, 08:50 PM)Finkenstein Wrote: Crypto is most definitely the future of all economics, but there's still a long road ahead to reach that point. These kind of events are part of the process to mature the technology and mindset of people, businesses, and governments (overall market). Variations in the price are normal though, everything on an open market suffers variations in value and price, Adam Smith wrote very detailed information on how this works almost three hundred years ago.
Crypto is absolutely not the future of economics. All of cryptos value comes from being able to price it to fiat currency like the dollar. It will always just be a speculative asset even if the government doesn't outright ban it all eventually.
I stand corrected, thank you! Yes, what I meant to say actually is... I believe blockchain technology, developed and tested by crypto, is the future of holding digital assets and property, crypto is indeed a gambling casino for speculators for the most part, I think is a better description of my thoughts...
This isn't totally true. People use bitcoin and monero to purchase actual commodities not just speculate and just because the US dollar is hegemonic doesn't mean it always will be and that would mean that bitcoin would become hegemonic and gain stability but that is unlikely, but, people use monero and bitcoin to make purchases online all the time. cryptocurrency is the only deflation instrument on the market. with all that QE from US and EU it makes sense in theory Posts: 30 Threads: 0 Joined: N/A (July 25, 2022, 02:40 PM)buunn5553 Wrote: (July 21, 2022, 02:40 PM)Worm Wrote: (July 20, 2022, 07:22 PM)Finkenstein Wrote: (July 19, 2022, 06:37 PM)whatawonderfulwr Wrote: (July 17, 2022, 08:50 PM)Finkenstein Wrote: Crypto is most definitely the future of all economics, but there's still a long road ahead to reach that point. These kind of events are part of the process to mature the technology and mindset of people, businesses, and governments (overall market). Variations in the price are normal though, everything on an open market suffers variations in value and price, Adam Smith wrote very detailed information on how this works almost three hundred years ago.
Crypto is absolutely not the future of economics. All of cryptos value comes from being able to price it to fiat currency like the dollar. It will always just be a speculative asset even if the government doesn't outright ban it all eventually.
I stand corrected, thank you! Yes, what I meant to say actually is... I believe blockchain technology, developed and tested by crypto, is the future of holding digital assets and property, crypto is indeed a gambling casino for speculators for the most part, I think is a better description of my thoughts...
This isn't totally true. People use bitcoin and monero to purchase actual commodities not just speculate and just because the US dollar is hegemonic doesn't mean it always will be and that would mean that bitcoin would become hegemonic and gain stability but that is unlikely, but, people use monero and bitcoin to make purchases online all the time.
cryptocurrency is the only deflation instrument on the market. with all that QE from US and EU it makes sense in theory Yeah but people using it as a speculators asset is what is counter acting that. The real issue is that exchanges exist and basically are used by normies as a casino and on top of that "Crypto" only exists because of that meth addict Vitalik Buteran who is probably a CIA plant too who created the fucking Etherum cancer network which is responsible for amazing useful coings like "HarryPotterObamaSon10inu" and is , totally, not responsible for the crypto casino that exists today, nope. If people actually took the time to understand how Bitcoin and XMR work and how to store their funds on their own wallets we wouldn't be seeing the speculation we are now because it would still be more niche and tech oriented. Wine moms shouldn't really know what bitcoin is.
(July 24, 2022, 05:01 PM)iqjanabee Wrote: Decentralization is the new trend of development. "The old world refuses to die as the new world struggles to be born. Now is the time of monsters" Can you guys where we are right now in that sentence? “In all of us, even in good men, there is a lawless wild-beast nature, which peers out in sleep.”
― Socrates
Posts: 6 Threads: 0 Joined: N/A Of course it's good. You can grab more for a better price. Plus it's healthy for the overall growth of the industry. I'd say it is even coming a bit late, if we look at the pattern of the previous crashes. |
