Bitrs Cryptocurrency Reddit Monaco Crypto
The public has fiat, there is literally no incentive for them to "then change into Eth" just to buy something they can buy in fiat. To many people that's a bear market, not a bubble. Key word is "some. Submitting links to blogs or news sites which are notorious for this activity will result in suspension or permanent ban. Again, I think your underlying question really is, why would anyone spend any money if they can
Ethereum Bitcoin Hammer Museum Ethereum Mining Os With Nvidia hoard Ether, "assuming" that the value of Ether will go up. People buy into a revolutionary technology, have the correct feeling that the new technology will grow by alot, but have trouble finding the right picks. As long as you can practically spend it to get the things you need. There is no evidence crypto will become ubiquitous, just faith. Time preferences are captured mathematically in the discount function. Yeah its only a bubble relative to the starting price of. All the Platinum card holders will become MCO token holders via cryptocurrency cashback and the initial lockups. MonacoCard subscribe unsubscribe 5, readers 2, users here now Rules: Yes, P2P is what it was created for, and the only way to stop it is to turn off the internet. If you make investments based off of Reddit threads and comments, you are an idiot. The worse thing you can do is get emotionally attached to a coin like MCO or any of them for that matter, you will lose. The real question is why do you hate Monaco so much? Except cryptocurrencies are not commodities. Go spend your allowance on movie tickets and candy instead. The Ponzi Scheme arguments are tired and lazy. In a bubble, there is no real faith in the asset's fundamentals. An example that illustrates the vast difference between notional value and actual market value can be found in a popularly traded derivative, interest rate swaps. I mean, it's already the case with Bitcoin that a relative few actors control the currency from the core devs to the miners to the whales. The built in deflation is a serious issue though and will need to be addressed at some point. Welcome
Bitrs Cryptocurrency Reddit Monaco Crypto Reddit, the front page of the internet. What crypto currencies at least right now are about are a hedge against inflation or fiat currency debasement, and a speculative investment in new technologies blockchain,
How To Put Bitcoin On A Usb Ethereum Mining H97 Anniversary contracts. Which one is crypto? Not to mention we will also race to cover the rest of those markets fairly soon. If you know Ether will likely to be 10 times its price now in 10 years, would you use any of it, or would you
List Of Cryptocurrencies On Sha256 Money Skeleton Crypto covert as much cash to Ether and just on it and not spend any money? You want exposure to it, but not at the risk of it depreciating all of your liquidity to a point where
Bitrs Cryptocurrency Reddit Monaco Crypto can't meet your obligations. I suspect many other people would be, as. Other things are going on in this question as well that I think some people have touched on with varying degrees of success, but the real deflationary aspect of most major cryptos, including bitcoin and eth, definitely encourages saving. The difference is that I had evidence that Apple products would become ubiquitous. Cryptos is worldwide phenomenon. And look at that, I wrote another bunch of paragraphs. Trolling, in all its forms, will lead to a suspension or permanent ban.
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I get what the person you responded to is saying so maybe I can clarify his statement or at least my understanding based on your response. Right now, crypto is a potentially great investment, but it's a sub-par currency. That's a use case. Even consider something more similar to bitcoin: So while it has currency-like properties, and asset-like properties it is precisely both, and. We know however that the Mexican Peso is not an "underutilized" investment. Powered by SMF 1. Hell at that point why not quadrillionaires? You need a transaction to legitimize it as a desirable currency.
How To Transfer Funds To Binance Ripple Destination Tag Poloniex much is the internet worth compared to ? There is nothing to even think. With a known currency that is accepted, it would be easier to understand what is fair prices for the area. Leaked VISA card image is real - approval pending self. Let's be honest with ourselves When returns are orders of magnitude higher than standard market securities, then it does encourage hoarding, yes. Great reply, but you are adding a hidden assumption which was not stated by OP. Volatility is high, if you spend cryptos while they are high, you are realizing profits. Speculation and hype are signs of a bubble, but dont tell you whether you are in one or not in real time.
I see a lot of icos looking for money and they have genuinely no interest in their product actually being a success, all they care about is what exchange they will put their tokens on. If they are buying it because they value the product, then it is not a bubble no matter how quickly it rises. Keeping money outside of crypto, if you really believe crypto will go up, is completely irrational. For now, we will continue to expand this doc. This creates the insane speed of growth. It has no aspirations or chances to become ubiquitous in the world. Europe leads the way as a whole. To determine fundamental value, the majority of Bitcoin "users" would have to know how Bitcoin works at the very least. Oh shit, gg fam. Welcome to Reddit, the front page of the internet. And maybe that's the point. I only invested in PIVX based on the passionate community and strong technology potential. Right now, I know it takes me X amount of time to earn enough to pay my mortgage. Genuinely sometimes just need to detach from your current thought process and reread the answers. Nice try but I'm paid in USD and there's transaction fees to get it into crypto. Bitcoin doesn't provide profits or even underlying assets. I actually think your 1 is only partially true. Can you name any of these asset classes that has grown at incredibly high rates without a crash? Let's be honest with ourselves
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When your cash is up against the USD. Become a Redditor and subscribe to one of thousands of communities. The only faith is that the price will shoot up. You've had plenty of people here explain why this isn't an issue, and they're right. There is nothing to even think about. Stake coins have had a harder time getting traction. Thanks a lot for the information! And look at that, I wrote another bunch of paragraphs. Actually, we may be due for a devastating correction soon. The prices go up because the companies are worth more and promise a certain amount of forecasted profit growth. In that case, of course makes sense to spend your best and ONLY currency on things. Crypto people are concerned about inflation to the extreme to the extent that the real threat is now deflation. Why liquidise an investment that could be worth far more in the future over using fiat that will probably be worth approx the same? With these altcoins there are a lot of sharks out there screwing people over by manipulating the price. BTC could flash crash down to quite easily tbh, it just needs a bit of panic and everyone trying to exit at the same time.
The hype is not real. I am certain it will eventually happen, whether MCO gets there first or another crypto does remains to be seen. It's value is based on a Wild West market where insider trader and collusion are not punishable. You can literally team up with hundreds of people to insider trade and there are no rules against it. Put another way, real world cryptos will have a more flexible coin issuance
Is Bitcoin Available Ethereum How Will Mining Happen After Pos to match supply to demand similar to hash difficulty and ensure that we don't enter a deflationary spiral. So in the end, you're right. There is a lot of overlap between money and currency and commodities. I never thought of it that way. This is the elephant in the room and is one of the oldest economic laws. What's the point of gains if you can't spend them? The conversion from app download to full KYC completion is amazingly high. Even if I could pay my mortgage with ETH every month, I wouldn't hold any for daily living purposes because its value relative to the dollar is too volatile. It's THE definition of a bubble. JolyGood I saw all your more than 50 posts and I just want to thank you for pushing the price down with all your comments on Bitcointalk forum. Your faith may end up right, but
Safe Wallet For Bitcoin Sale And Purchase Ethereum Privacy still speculation. I didn't have much invested anyway, but once I saw firsthand that MCO was being manipulated I decided to get. It's still a loss, but one I can live. Even if they were to crash and burn I think it would be a blip on the radar. Do you invest in securities because you expect the price to go up? Please login or register. Definition of a bubble is companies creating decentralised tokens to power their blockchain that will only run using those tokens, yet developers spend most of their time promoting and marketing said tokens to people in the crypto sphere instead of to the people who are supposed to be using their product If you wish to have your subreddit or website listed in our sidebar, please review our sidebar listing policy. Pre-approval is granted in only the most extraordinary circumstances. MCO crashing will tarnish the reputation of altcoins, make people more cautious to invest in other cryptos and set back the adoption and trust people have built around alternatives to Bitcoin. While most of these are minor, BTC would have been very convenient for me for these few reasons:. I have been presenting crypto in a pure
Bitrs Cryptocurrency Reddit Monaco Crypto of a medium of exchange. The alternative would be if
Litecoin Dice Game Best Portfolio Cryptocurrency were options to hedge that risk, so you're not exposed to fluctuations in value between pay periods. The market isn't riding on MCO's shoulders. Ether's smart contracts and the coins built on top is a worthwhile investment. There is definite value to. Full Member Offline Activity: I've spent more in crypto transaction fees in the last month and half than in the whole year on my bank. We just don't think about it because we deal in USD all the time. People are
Bitrs Cryptocurrency Reddit Monaco Crypto a choice to keep it in bitcoin. So which asset class in terms of total valuation
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Evidence-based & Community-driven
Submitting petty or hyperbolic meta posts to stir up drama in the community may result in ban. Its price is based on sentiment to some possibly very large degree. Not sure if I should laugh or not I live on my Crypto , have debit cards i top up every day or so , use purse. I buy equities because I believe their price will go higher than it is now long-term. Volatility waves will swing up then down like a yoyo roller coaster. All the Platinum card holders will become MCO token holders via cryptocurrency cashback and the initial lockups. Keep Discussions on Topic Idealogical posts or comments about politics are considered nonconstructive, off-topic, and will be removed. Hell at that point why not quadrillionaires? For all we know, MCO is the real deal and we'll eventually see a Visa deal. Yes, we had very successful meetings at highest levels during recent Money event with key US partners, who are very supportive of our program. With these altcoins there are a lot of sharks out there screwing people over by manipulating the price. Become a Redditor and subscribe to one of thousands of communities. While most of these are minor, BTC would have been very convenient for me for these few reasons:. After this crash, it will make investors Hyper-aware of what crypto they are putting their money on which means less uneducated laymen throwing their money into it. In 6 months I realise the Eth I held and spent would now have been worth 3x it's original value Because if you would have spent dollars from your bank account, you would not have been able to put that dollars into ETH. Why would you not put all your available USD in Ethereum if you believe it will be worth 6x more than it is now? Log in or sign up in seconds. So, I'll always have my normal bank account for spending. Most every country on the planet targets a low inflation rate to encourage spending and investment. Do not use multiple sockpuppet accounts to manipulate votes to achieve a narrative. What crypto currencies at least right now are about are a hedge against inflation or fiat currency debasement, and a speculative investment in new technologies blockchain, smart contracts, etc. Additionally there is the equity premium. I think miners selling coins to pay bills is one of the things that bootstraps a currency. Hell at that point
I have different vision of future than most people thought. I meant this in a "buy low sell high then buy low. In a bubble, there is no real faith in the asset's fundamentals. Use of this site constitutes acceptance of our User Agreement and Privacy Policy. The argument that would have made sense is: If you think about it, everything you spent the past 7 years could have been used to buy more crypto instead. OP is basically saying, assuming that the value of his crypto would go up assumption here necessary for the following to be truewhy would people not just hoard their cryptocurrency? So while you obviously can't just look at that chart and
Can Children Do Bitcoin Mining Ico Based On Ethereum "Bitcoin's market cap should be that of residential real estate! Not sure about other countries but if I'm still living in Australia around that
Bitrs Cryptocurrency Reddit Monaco Crypto - I will spend it. Any thoughts on who has the real chance of visa dealing? They
Accept Payment In Litecoin What Is A Token In Terms Of Cryptocurrency less volatile than crypto's by a long shot. As much as possible. Again, why would anyone spend something as a currency that is going to potentially grow at that rate over that period of time. You are also confusing the narrow definition of currency with the definition of money. The Mexican Peso is just one currency, not a whole market. If people will give you nothing for it, it's worth .
My comment was more to illustrate that there
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Hack Cryptocurrency Wallet Best Cryptocurrency Exchange Wallet notional perspective. I am holding onto this one for a. Just to give you an example: If you're long on crypto and you convert fiat to 'easiest to spend' crypto, e. If the majority of holders are like you, then it's not a bubble. See our Expanded Rules wiki page for more details about this rule. Not in restaurants, not in shops, not in malls, not in supermarkets. The answer to that would be NO. A blockchain system confined inside a single enterprise is just a fancy, inefficient database. I believe crypto is a bubble because I, along with several others, know very little about it. The USD on his bank account should have never been there at all in his assumption of certain appreciation, but it's the same in value as the in ETH. Of course, even using the actual market value, the derivatives market is still quite enormous. It's practically instant, it's accepted everywhere, it's stable. Do not doxx other redditors even if they engaged in an illicit activity.
Litecoin Gpu Mining Profitability The Best Site For Calculate Profit For Cloud Mining leaves my crypto accounts strictly for investing. Any thoughts on who has the real chance of visa dealing?
Bitcoin, in the past 7 years up until this year has regretted it, because it's value has only increased, often by multiples If you think about it, everything you spent the past 7 years could have been used to buy more crypto instead. Divulging how many coins you own can make you a target of hackers and identity thieves. Nothing to do with national currencies. I didn't have much invested anyway, but once I saw firsthand that MCO was being manipulated I decided to get out. If you make investments based off of Reddit threads and comments, you are an idiot. And if they're using it today or tomorrow then volatility doesn't matter much. To me, the whole point of crypto is moving away from currency as being a means of disempowerment, whether through inflation or deflation. BTC could flash crash down to quite easily tbh, it just needs a bit of panic and everyone trying to exit at the same time. One day bitcoins will stop rising. This is in contrast to selling for fiat and not buying back in. Wow the only one that stands out is the gold investment. This is the most volatile year so far and the last 2 months have been a rollercoaster - the market is bigger than it's ever been.
