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The future of Crypto
Mitglied seit Feb 24, 2020
3 Posts
vontogr (togr)
Mitglied seit Feb 22, 2011
4862 Posts
Jan 08, 2021 at 13:03
Mitglied seit Feb 22, 2011
4862 Posts
Wiktor63463gt posted:
The future of cryptocurrency is driven by its interest among people. Also, the blockchain system itself looks very impressive.
And nowadays we reached 40,000 USD for 1 BTC
Mitglied seit Jun 16, 2021
111 Posts
Oct 17, 2021 at 13:02
Mitglied seit Oct 20, 2018
300 Posts
RobSchiz posted:This applies for every single market of course.berinhard posted:If you want to make money from this market, you need to have proper knowledge about the market.
Knowledge is the most important thing to make money from this any other market.
momchil_slavov@
Nov 11, 2021 at 07:59
Mitglied seit Dec 06, 2019
19 Posts
There are plenty of scenarios which can happen with cryptocurrency in future. One can allege that in future crypto will replace all the national currencies which we have nowadays, however the vast majority of people don't believe in such economical metamorphosis, because even gradual transformation of dollar into btc for example, will strongly affect domestic and world economies. I believe that economies will not bear such metamorphosis, nevertheless it still remains as one of the possible scnarios in future. The time will show it, maybe it will be the only way to decrease the influence of crypto as we have nowadays.
Dec 13, 2021 at 01:20
Mitglied seit Jul 19, 2020
788 Posts
momo3HC posted:Of course, any platform that says forex market or crypto market should be tested. Otherwise profit cannot be made.AliaDare posted:It can`t be pumps all the way so that`s not a problem. Patience is the key.
Great, I do crypto trading but the market situation is pretty bad right now. But it will comeback very soon.
Mitglied seit Jul 25, 2020
10 Posts
Jan 27, 2022 at 20:49
Mitglied seit Jul 25, 2020
10 Posts
I think that nothing bad will happen to cryptos. Some pessimists say that cryptos have no value and they are bound to disappear as any market buble. I don’t share this point of view.
First, I would like to say a couple of words about value. I think that today commodities only have real value. The rest is represented by various derivatives and fiat money. You know fiat money is actively printed and it greatly contributes to inflation. Long gone times when money was associated with something real or to be exact with something that had real value such as gold or silver. You probably know that earlier money was backed by gold. Later governments decided to terminate that relationship and money became papers. In this regard, crypto don’t seem so bad. Perhaps, a lack of regulation and support by the government is the only “sin” of cryptocurrency. In other regards cryptocurrency dares to compete with fiat money. Why not? You see that people hold cryptos on their crypto wallets, exchange this stuff for fiat money and use cryptos to pay for products and services online. So, I think that it’s already too late to ban cryptos. They will remain. Perhaps, they will become regulated but I think it will not happen soon.
First, I would like to say a couple of words about value. I think that today commodities only have real value. The rest is represented by various derivatives and fiat money. You know fiat money is actively printed and it greatly contributes to inflation. Long gone times when money was associated with something real or to be exact with something that had real value such as gold or silver. You probably know that earlier money was backed by gold. Later governments decided to terminate that relationship and money became papers. In this regard, crypto don’t seem so bad. Perhaps, a lack of regulation and support by the government is the only “sin” of cryptocurrency. In other regards cryptocurrency dares to compete with fiat money. Why not? You see that people hold cryptos on their crypto wallets, exchange this stuff for fiat money and use cryptos to pay for products and services online. So, I think that it’s already too late to ban cryptos. They will remain. Perhaps, they will become regulated but I think it will not happen soon.
Jan 30, 2022 at 16:31
Mitglied seit Oct 20, 2018
300 Posts
AliaDare posted:😄I don`t trust even myself so what about any others.momo3HC posted:Of course, any platform that says forex market or crypto market should be tested. Otherwise profit cannot be made.AliaDare posted:It can`t be pumps all the way so that`s not a problem. Patience is the key.
Great, I do crypto trading but the market situation is pretty bad right now. But it will comeback very soon.
momchil_slavov@
Mitglied seit Jul 20, 2020
399 Posts
Feb 02, 2022 at 07:53
Mitglied seit Jul 20, 2020
399 Posts
momo3HC posted:AliaDare posted:It can`t be pumps all the way so that`s not a problem. Patience is the key.
Great, I do crypto trading but the market situation is pretty bad right now. But it will comeback very soon.
100% there has to be ebbs and flows in a market. Buyer and seller pressure. It has always been this way with any instrument. Patience is so key
Mitglied seit Feb 17, 2022
3 Posts
Feb 17, 2022 at 15:50
Mitglied seit Feb 17, 2022
3 Posts
Two weeks ago I invested in YoFarm, which is the native crypto currency on Yobit. By providing liquidity it has been paying me about 1-2% daily, which is over 365% APY and is nice income. Yobit has been around since 2014. What are you thoughts?
Feb 20, 2022 at 12:56
Mitglied seit Oct 20, 2018
300 Posts
CraigMcG2020 posted:Absolutely.momo3HC posted:AliaDare posted:It can`t be pumps all the way so that`s not a problem. Patience is the key.
Great, I do crypto trading but the market situation is pretty bad right now. But it will comeback very soon.
100% there has to be ebbs and flows in a market. Buyer and seller pressure. It has always been this way with any instrument. Patience is so key
momchil_slavov@
Feb 23, 2022 at 14:24
Mitglied seit Jun 22, 2021
4 Posts
Man, considering the way crypto has evolved over the past two years, I think most of our thesis regarding this market isn't good anymore. What annoys me the most are people who keep on asking if crypto has any future. Man, bitcoin reached the level of 60.000 dollars during the past year, and you are still doubting it? Seriously? Besides that, some people don't understand that crypto is not only about Bitcoin. Many other altcoins are worth it.
Mitglied seit Mar 17, 2022
47 Posts
Mar 29, 2022 at 08:03
Mitglied seit Mar 17, 2022
47 Posts
Cryptocurrency is definitely here to stay as it is backed by Blockchain Technology. It is the future. But it is unlikely that the currency will be directly used in day to day transactions. Rather, it will be used to store value. It will be used for trading, but the actual transactions would happen in a regular currency...
Mar 31, 2022 at 20:54
Mitglied seit Oct 20, 2018
300 Posts
Commonition posted:I don't mind this. After all we don't use gold to pay but we use it as a store of value. 😉
Cryptocurrency is definitely here to stay as it is backed by Blockchain Technology. It is the future. But it is unlikely that the currency will be directly used in day to day transactions. Rather, it will be used to store value. It will be used for trading, but the actual transactions would happen in a regular currency...
momchil_slavov@

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