User: sontoloyo177
https://bitcointalk.org/index.php?action=profile;u=1527860Post:
https://bitcointalk.org/index.php?topic=140793.msg29381951#msg29381951Generally it can be said that inflation is a measure of a general increase of the price level in an economy, as represented typically by an inclusive price index, such as the Consumer Price Index in a nation. The term indicates many individual prices rising together rather than one or two isolated prices, such as the price of gas in an otherwise calm price environment. The inflation rate is typically expressed as an annual growth rate in prices (again, as measured by an index) even if measured over a shorter period of time. For example, if a radi o report states that "consumer prices rose at an inflation rate of six percent last quarter," that would typically mean than the Consumer Price Index for All Urban Consumers (the most quoted index) rose over the last three months at an annualized rate of around four percent, and the press would generally refer to the current inflation rate as around four percent. The term deflation refers to a general decline in prices or the price level as measured by an inclusive price index and, again, is not a reference to isolated price declines, like natural gas declining in price, in an otherwise stable price environment.
Archived post:
http://archive.is/AE2q6Original:
https://www.palmislandtraders.com/econ53/inflation.pdfGenerally it can be said that inflation is a measure of a general increase of the price level in an economy, as represented typically by an inclusive price index, such as the Consumer Price Index in the United States. The term indicates many individual prices rising together rather than one or two isolated...
User: octobercoinph
https://bitcointalk.org/index.php?action=profile;u=1352659Post:
-snip quotes-
As a barometer of healthy money, the worlds best economies have average annual inflation rates below 1.5%.
In economic terms, low to zero inflation is a sign of healthy money because the value of the currency does not fluctuate significantly and is therefore reliable. However, in a country like Argentina, the annual inflation rate is estimated to be close to 40% today.
That means if youre an Argentinian citizen and you save 100 Argentine Pesos, one year from now the value of those 100 pesos will be worth only 60 pesos relative to the worlds stable currencies. In Argentina, holding money means losing money, and so its citizens are actively looking for alternative stores of value to simply preserve the money they have earned and worked for.
Other examples of problematic economies with high inflation rates are Venezuela, which is expected to have annual inflation of 180% in 2015, and Zimbabwe, where the rate of inflation for the Zimbabwean Dollar was so high that this year they decided to stop printing it and the government is abandoning their currency altogether.
Zimbabwe went through a period of what is known as hyperinflation; their annual inflation rate in 2008 was recorded as high as 11,000,000%. What currencies could citizens from these countries use if not their own? The US dollar? Gold? M-Pesa? Bitcoin?
-snip-
Archived post:
http://archive.is/RjQ86Original:
https://www.linkedin.com/pulse/bitcoin-21st-century-currency-explained-wall-street-veteran-graub/As a barometer of healthy money, the worlds best economies have average annual inflation ratesbelow 1.5%.
In economic terms, low to zero inflation is a sign of healthy money because the value of the currency does not fluctuate significantly and is therefore reliable. However, in a country like Argentina, the annual inflation rate is estimated to be close to 40% today.
That means if youre an Argentinian citizen and you save 100 Argentine Pesos, one year from now the value of those 100 pesos will be worth only 60 pesos relative to the worlds stable currencies. In Argentina, holding money means losing money, and so its citizens are actively looking for alternative stores of value to simply preserve the money they have earned and worked for.
Other examples of problematic economies with high inflation rates are Venezuela, which is expected to have annual inflation of 180% in 2015, and Zimbabwe, where the rate of inflation for the Zimbabwean Dollar was so high that this year they decided to stop printing it and the government is abandoning their currency altogether.
UPDATE:User:
https://bitcointalk.org/index.php?action=profile;u=1375036Post:
https://bitcointalk.org/index.php?topic=2315165.msg28795185#msg28795185i think bitcoin is an asset, a digital asset. the statistical properties of bitcoin, find that it is essentially uncorrelated with traditional asset classes such as stocks, bonds and commodities, both in normal times and in periods of financial turmoil. The analysis of transaction data of bitcoin accounts shows that bitcoins are mainly used as a speculative investment and not as an alternative currency and medium of exchange.
Investors and early adopters like these assets because they are untethered from the regular economy where fiat currencies, more traditional forms of exchange and value transfer reign the day. one of bitcoins advantage is the high volatility, which counterintuitively results in more aggressive risk-reward trade-offs in investment portfolios.
Archived post:
http://archive.is/2Pg1vOriginal:
https://www.forbes.com/sites/dantedisparte/2017/11/28/bitcoin-an-asset-currency-or-collectible/#3a7dfeb2300eInvestors and early adopters like these assets because they are untethered from the regular economy where fiat currencies, more traditional forms of exchange and value transfer reign the day.
An additional advantage is the high volatility, which counterintuitively results in more aggressive risk-reward trade-offs in investment portfolios.
User:
https://bitcointalk.org/index.php?action=profile;u=1757069Post:
https://bitcointalk.org/index.php?topic=2874501.msg29524597#msg29524597
The most important feature of a currency is that it be a stable store of value.
Blockchain technology gives Bitcoin two important characteristics - it can be exchanged without a trusted intermediary, and it allows anonymous transactions. Therefore no one can manage the bitcoin price it depends on the market supply and demand. The value of bitcoin is so easy to lose to be considered a real currency.
So people should stop expecting it to become a currency that ordinary people use for ordinary transactions. A currency, Bitcoin is not, nor shall it be.
Archived post:
http://archive.is/M06AnOriginal:
https://www.forbes.com/sites/jeffreydorfman/2017/05/17/bitcoin-is-an-asset-not-a-currency/#4dadff122e5bThe most important feature of a currency is that it be a stable store of value.
Original2:
https://www.bloomberg.com/view/articles/2018-01-17/bitcoin-isn-t-the-future-of-moneyBlockchain technology gives Bitcoin two crucial characteristics - it can be exchanged peer-to-peer without the need for a trusted intermediary, and it lets transactions be anonymous.
Just found this plag under the recent merit stats:User:
https://bitcointalk.org/index.php?action=profile;u=1277926Post :
https://bitcointalk.org/index.php?topic=2879762.msg29586661#msg29586661Payment Freedom, Low cost, Instant Transactions, Full transparency and no central authorities
Bitcoin is a zero trust consensus network with many advantages.
Payment Freedom - Instant transactions
With Bitcoin it is possible to send and receive any amount of money instantly anywhere in the world at any time. No bank holidays. No borders. No imposed limits. Bitcoin allows its users to be in full control of their money.
Very low transaction fees
Bitcoin payments are currently processed with either no fees or extremely small fees. Users may include fees with transactions to receive priority processing, which results in faster confirmation of transactions by the network. Additionally, merchant processors exist to assist merchants in processing transactions, converting bitcoins to fiat currency and depositing funds directly into merchants' bank accounts daily. As these services are based on Bitcoin, they can be offered for much lower fees than with PayPal or credit card networks.
--snip--
Archived post:
http://archive.is/oWAU8Original: (The oldest source I found is 03/2016)
https://books.google.de/books?id=U_rxCQAAQBAJ&lpg=PA53&ots=dsomzkEN6m&dq=is%20possible%20to%20send%20and%20receive%20any%20amount%20of%20money%20instantly%20anywhere%20in%20the%20world%20at%20any%20time.%20No%20bank%20holidays&hl=de&pg=PA53#v=onepage&q=is%20possible%20to%20send%20and%20receive%20any%20amount%20of%20money%20instantly%20anywhere%20in%20the%20world%20at%20any%20time.%20No%20bank%20holidays&f=false9.1.8 WHAT ARE THE ADVANTAGES OF BITCOIN?
PAYMENT FREEDOM
- lt is possible to send and receive any
amount of money instantly anywhere in the World at any time. No
bank holidays. No borders. No imposed limits. Bitcoin allows its
users to be in full control of their money.
VERY LOW FEES - Bitcoin payments are currently processed
With either no fees or extremely small fees. Users may include
fees With transactions to receive priority processing, ...
Another 5 wasted merit points:User:
https://bitcointalk.org/index.php?action=profile;u=1337029Post:
https://bitcointalk.org/index.php?topic=2815934.msg29217246#msg29217246Here is top 5 you want to invest. i'll give you a hint based on my research though
NEO (NEO)
MarketCap #12 - $ $4,955,093,000
Value: $76.23
NEO, also considered as the Chinese Etherium and previously called AntShares, is the next generation smart economy platform. It is a decentralized cryptocurrency based on blockchains. Its main feature is the creation of intelligent contracts supporting multiple languages.
MONERO (XMR)
MarketCap #10 - $5,574,693,680
Value: $359.80
MONERO is a open source cryptocurrency based on the CryptoNote protocol, with some interesting characteristics as security, privacy, scalability and the impossibility of tracking any transactions. It is an untraceable currency system which uses a special kind of cryptography to ensure that all of its transactions remain 100% unlinkable and untraceable.
STEEM (STEEM)
MarketCap #35 - $626,343,305
Value: $2.54
Steem is social network where content creators and curators are rewarded. Steemit pays both the content creators when their work gets upvoted, as well as the people who curate the best content on the site by upvoting others work.
--snip--
Archived post:
http://archive.is/UMmssOriginal:
https://decentral.market/2017/12/19/5-altcoins-to-invest-in-2018-2/NEO, also considered as the Chinese Etherium and previously called AntShares, is the next generation smart economy platform. It is a decentralized cryptocurrency based on blockchains. Its main feature is the creation of intelligent contracts supporting multiple languages.
MONERO is a open source cryptocurrency based on the CryptoNote protocol, with some interesting characteristics as security, privacy, scalability and the impossibility of tracking any transactions. It is an untraceable currency system which uses a special kind of cryptography to ensure that all of its transactions remain 100% unlinkable and untraceable.
Steem is social network where content creators and curators are rewarded. Steemit pays both the content creators when their work gets upvoted, as well as the people who curate the best content on the site by upvoting others work.