Bitcoin will never lose its value by default. But if all nation would make a law to stop buying bitcoin, or mine bitcoin. This would surely crash the Bitcoin price from $4500 downto $0. So the answer is yes, Bitcoin may lose its value by force, but by default it will continue to rise while people are continuously buying it.
Bitcoin can lose the value if a new technology emerges.
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BoardEconomics
Re: The world's central banks should get ready for negative interest rates
Oh yeah after this no one would give a damn about the currency about the miserable interest bank provide us. The clear attention will then be given to bitcoin the central banks won't have any other option if they want to save their economy they will have to prefer bitcoin or crypto currencies and that is the time the banks sufferring will be a profit for us
I think many in the financial system prefer to see a crisis than accept the blockchain.
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BoardEconomics
Re: You should never trust banks
by
a4ndr3w
on 06/09/2017, 14:57:40 UTC
No one should trust your money to another person or entity.
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BoardEconomics
Re: What is your best investment strategy?
by
a4ndr3w
on 06/09/2017, 14:56:07 UTC
My strategy is long term, closing the positions when it's high.
I think this is how big players make profit, wait for the price to go down and when everybody is selling, they buy everything. Buy low sell high, or not sell just accumulate. They buy the panic and fear of weak hands. Happy trading!
You're right. Sometimes the big players provoke this situation as in 1929.
How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Recently, i often see discussion about Bitcoin Bank. More and more people come here and ask about bitcoin bank & surprisingly i see few user agree with this idea. So, i would like to find out the percentage of user who agreed with this idea.
Honestly, i think this idea is stupid and worst idea that i've seen in my life. What do you think? p.s. we don't talk about bitcoin debit card OR any centralized service which only ask name and email address.
Why we need a bincoin bank, with Bitcoin we're our own bank, we don't need banks.
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BoardAnnouncements (Altcoins)
Re: [ANN] [RD] Red Wind. Mars Colonization. Launched. Algo=CryptoNight
Haha, maybe Elon Musk would like to invest in this !!!
Elon Musk is investing heavily in the exploration of Mars, more than 50% of its investments, Elon Musk will not be able to develop everything. Any help contributing to this task is welcome.
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BoardAnnouncements (Altcoins)
Re: [ANN] [RD] Red Wind. Mars Colonization. Launched. Algo=CryptoNight
What seems weird to me is that the seed nodes still work, so there is someone that is paying a host somewhere to hold at least one of the 2 seed nodes....
I don't want to get anyone's hopes up but just noticed that
I don't see any nodes today!
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BoardAnnouncements (Altcoins)
Re: [ANN] [RD] Red Wind. Mars Colonization. Launched. Algo=CryptoNight