Discussion in 'General' started by noles19, Nov 8, 2017.
Crypto market way down on fed hike news. Buy buy buy!!!
I think the only thing they've sold thus far is a bunch of investors down the Rivier.
They sold the equivalent of a car or two to @motion
but shouldn't crypto be independent of the Fed? isn't that the whole purpose of crypto "currency" independent of government, inflation....seems to just follow all the other markets.
for now. If someone farts in the wind the price moves. It’ll stabilize then bounce back. Pretty firm in my belief that btc will eventually hit the milli mark in time. And that etherium will be the eventual winner of the crypto wars
Again, why is this worldwide "currency" worried about the US interest rate. It's not supposed to be country dependent.
I'm a player at 80% retraction from previous high if it gets there, but I do enjoy you pissing in the wind and keep asking because clearly he has no fundamental knowledge of trading or economics. You'll never get the answer you're looking for. Its a store of money at this point, simple as that, and Ethereum becoming the winner is gonna have to seriously address their processing costs to do so. If you can make money, make money, but let's not pretend here. Interest rates go up, domestic investment looks more attractive, inflation plateaus, money out of safe havens and into traditional investment streams, and the cycle goes on and on. But that's for big movers... who ironically control most of the crypto supply, thus acting just like a big bank, which was the fundamental idea to get away from, which also makes me laugh... they still care about interest rates for all their other dealings. and little shitdicks with $1500 in a Robinhood account aren't moving the needle like this. and here we are.
Reddit's dropping an IPO soon I heard. Wonder what that's gonna do. Seems to have some longevity.
That's pretty much everyone in this thread
it IS entertaining. you know what else is entertaining? being bored and good at math... cause this:
would mean that it would then have a market cap of 76% of the total US economy's value when our current USD currency in circulation is about 1/25th of that amount (which is 2nd layer funny because its been shown people in the US already hold the majority of BTC compared with anyone else), a market cap larger than both the EU and Chinese economies, and would be about 25x larger than it currently is right now with hardly any new coins left to be minted. oh, yea the funniest statistic... it would then literally be worth 50% of all currency of all countries in the entire world currently in circulation.
but he's pretty firm, so...
the US, EU, China, Russia, Iran, Saudi Arabia, Israel, Canada, and India would literally assassinate every single creator and major holder of crypto and guided missile every single crypto farm from space before that would even become close to remotely happening. but hey...
so....buy? yea, or nea?
It’ll hit a million. When gas is $400 a gallon and a Big Macs $800.
So, just because shiba inu going to a buck would be over 7 times global GDP... IT COULD STILL HAPPEN, MAN!!!!!!!!!!!!!!!
Well when you put it like that….
its sounds utterly ridiculous? haha
See that’s the thing though, it still doesn’t…. unlimited growth is a characteristic of the online landscape. Ive talked about this before in another thread. In the near future real currency will be replaced online by crypto. When the entire world is using crypto for online transactions that doesn’t just include money it doesn’t seem so outlandish. Web 3.0 is built for blockchain. Now whether or not world powers will allow crypto currency to get that big remains to be seen but I really don’t see them being able to do anything about it. Tech is the future world power. Crypto is its currency.
ok seriously stop it. stop.
too late to say jk?
man crypto is looking bad this morning....
Separate names with a comma.