Post
Topic
Board Economics
Re: USD / Crypto Pairing question
by
Twentyonepaylots
on 23/01/2020, 16:44:49 UTC
The increase in the bitcoin price is directly effective with the increase in the dollar supply. People just think it offers a new economy. Can bitcoin increase in war or disaster situations? This can be. But it may be just the opposite. Restricting the supply of the dollar can pose a problem.
Besides, this trading scheme provides higher risks that outweigh the profits you can gain with $SHIT. Lack of people who would want to try your coin out will cause it to die, along with the investments kf the first people who pumped money on this shitcoin. So it's not reall worth it to do if I do say so myself. Better to just invest on established coins if ever.