Jump to content
The World News Media

admin

Administrator
  • Posts

    3,935
  • Joined

  • Last visited

  • Days Won

    30

Everything posted by admin

  1. The fed is printing so much because in a sense they're fighting deflation. Over time were getting less and less economic growth from each new dollar created. This means we have to print more and more to prop the economy up. But the economy needs propping up because of a deflationary environment which is highly problematic in a debt based economy. The problem is they have to keep printing to keep their debt system alive but at some point there's too many dollars and we get hyperinflation. The dollar as the world reserve currency is why confidence in the dollar remains and the fed can keep printing.
  2. Does this affect users? Blocks may take an extra minute to be mined, temporarily. Other than that, Bitcoin is completely unaffected.
  3. Crypto Is About to Become as Ordinary as Cash - And Bitcoin be the leader https://www.bloomberg.com/opinion/articles/2021-06-26/crypto-will-become-as-mainstream-as-cash
  4. Criticizing JP Morgan as “master manipulators,” analyst Lark Davis shared his opinion on this projection by stating, He added,
  5. JP Morgan accused of Manipulation because of Irrational and Unfounded Bearish Bitcoin Predictions is anyone actually surprised that jpm would pull a stunt like this? we're talking about a company with a ceo that stated: "I'm not a bitcoin supporter, I have no interest in it" - 2021 "if you're 'stupid' enough to buy bitcoin, you'll pay the price one day" - 2017 needless to say, it's not a surprise at all that someone who said "it's just not a real thing, eventually it will be closed" was trying to manipulate the market to drive down crypto.
  6. I think time to time we need to remember this. Satoshi didn't try to convince people how awesome Bitcoin is or would be. We don't neither. BTC will prevail no matter what. This is what makes it great. If you wanna remember: https://bitcointalk.org/index.php?topic=532.msg6269#msg6269
  7. Quote is from Buckminster Fuller, if anyone was wondering. He wrote the book Operating Manual for Spaceship Earth.
  8. Institutional investor sentiment towards Bitcoin is rising. Currently neutral.
  9. https://www.reuters.com/technology/iran-uses-crypto-mining-lessen-impact-sanctions-study-finds-2021-05-21/
  10. It uses electricity equivalent to 10 million barrels of crude oil each year for Bitcoin mining - around 4% of total Iranian oil Iran generates 100s of millions in USD in Bitcoin - Reuters
  11. Given the growth of Bitcoin this will prove to be a TRILLION dollar mistake by China - Michael Saylor
  12. hashrate is the measuring unit of the processing power of the Bitcoin network and it's dropping recently due to shutting down the mining in China. But the bitcoin network is still working perfectly because the mining is decentralized, miners are everywhere.
×
×
  • Create New...

Important Information

Terms of Service Confirmation Terms of Use Privacy Policy Guidelines We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.