Price is controlled purely and only by supply and demand. If you believe in the idea of equilibrium or even partial equilibrium supply and demand react to changes in price and supply to find the equilibrium price.
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BoardEconomics
Re: The cycle is unique but structured
by
SCheek
on 11/02/2019, 10:52:51 UTC
Possibly due to halving timings etc?
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BoardEconomics
Re: What is the most problem facing in the market?
by
SCheek
on 11/02/2019, 10:37:42 UTC
Need institutional dosh to start the train. Framework helps in the mean time.. BTC ATMs, better forks, Education etc.
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BoardEconomics
Re: In the future, will fiat currencies be necessary in the world?
by
SCheek
on 11/02/2019, 10:36:12 UTC
I foresee a word with state crypto-currency so a GBP-BTC a USD-BTC etc. They will have some monetary power.
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BoardEconomics
Re: Is small business ready to sell for cryptocurrency?
by
SCheek
on 11/02/2019, 10:34:31 UTC
International companies will love Crypto. Makes it easier to repatriate profits... Instantly.
A few options on the table. PM May makes a deal (P2P will depend on said deal), No deal happens meaning WTO trade rules, leaving process delayed meaning status quo and finally don't leave at all. P2P won't change for any of those options.
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BoardPolitics & Society
Re: Evil MAGA hat kids from Covington School VS Native American
by
SCheek
on 27/01/2019, 23:04:21 UTC
So many conservatives were all too quick to throw these guys under the bus.
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BoardPolitics & Society
Re: Trump is afraid of visiting troops in war zones
by
SCheek
on 27/01/2019, 22:55:16 UTC
Bro, he went to a war zone over Christmas??
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Topic
BoardEconomics
Re: Paper Money - The Greatest Scam
by
SCheek
on 27/01/2019, 22:51:00 UTC
Mild simplification but a limited capacity blockchain seems to be the way forward for economic independence.
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BoardEconomics
Re: If you had 10000$
by
SCheek
on 27/01/2019, 22:07:51 UTC
Crypto Lending is massive and has shown its resilience. Would Recommend SALT as a long term investment. They've really got their act together in the bear market.
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BoardEconomics
Re: What can be done to make bitcoin stable?
by
SCheek
on 27/01/2019, 21:55:31 UTC
Gold is stable because it has a large amount of use in it and a stable supply. BTC has stable supply, not just needs a use case so people will hang onto it no matter the price.
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BoardEconomics
Re: Will 2019 take us to Moon or Mars?
by
SCheek
on 27/01/2019, 21:53:11 UTC
This attitude is only rarely seen on mass amongst individuals who have a just cause. Destruction of the banks and self-autonomy is our future with blockchain.
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BoardEconomics
Re: what should consider before investing in a coin?
by
SCheek
on 27/01/2019, 21:50:39 UTC
Communication with the community is most important. How often do they put out blogs, how often do they answer questions etc.
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BoardEconomics
Re: Bitcoin maximalist or extremist. what are you?
by
SCheek
on 27/01/2019, 21:49:15 UTC
Definitions would be handy.
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BoardEconomics
Re: Investing in Bitcoin in 2019?
by
SCheek
on 27/01/2019, 21:46:57 UTC
Adoption only increases. Price will follow value soon.
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BoardEconomics
Re: Crypto reinvestment without withdrawing fiat currency
by
SCheek
on 27/01/2019, 21:45:45 UTC
Would you count GAS as well?
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Topic
BoardBitcoin Discussion
Re: Blockchain for Babies?
by
SCheek
on 17/01/2019, 23:36:42 UTC
Not sure I support teaching kids about blockchain at that young of an age but certainly at high school level.
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BoardBitcoin Discussion
Re: Binance freezes stolen Cryptopia funds
by
SCheek
on 17/01/2019, 23:31:58 UTC
For an exchange, binance is proving to be a very secure option for security.