it takes about 3-5 business days to get cash from the bank to a crypto exchange usually. I am not betting on lower prices yet til we pass this timeframe. I bet there were a lot of people like me thinking hot damn 4k BTC… I wish I had more dollars on the exchange right now! The offers to sell so low are still too recent to call this a new trend IMO. Give buyers a chance to get to the market and see where we stand I say.
I think many projects are still going to go insolvent. I also don’t think the pain is over yet but where it stops, who knows.
There could be chain affect of bigger push to sell more Bitcoins and ETH as with lower price, the projects have to sold more BTC and ETH to cover monthly development expenses, if they do not make radical cut as MaidSafe did.
When $0.01maid?
1000 maid per bitcoin, after release surely.
That means BTC 100K, I think you are being delusional my friend. No srsly, when launch?
When it’s ready. And I was not saying that would ever be the price, but if it were to be, surely it would be after release.
Edit. And 1000 maid per bitcoin does not imply / infer bitcoin being any particular price.
I read this as 1000 Maid = 1 Bitcoin, so around a $5 Maid upon launch in the current market. Perfectly reasonable and not delusional in the slightest.
Anyone else enjoying this btc volatility? Nice to be able to play again after having sold way to early last year.
There is a new law in Surinam forbidding transactions in $ & €. DPG Media Privacy Gate (it’s in Dutch).
Goal is to get a strong SRD… or maybe they saw this…
QE for me that’s the sign that I should sell 0.00000001 Maisafecoin for $1 & €1. One can only remain sane, by adjusting to the same level of insanity…
“The Fed buys everything, including your Maidsafecoins @ €0.05 (but not Eddies Maidsafecoin, because those are adjusted to inflation
)”.
Updated on 3/24/20 at 11:45 AM : The final version of the economic stimulus package offered by Speaker Pelosi the House Democrats no longer includes the U.S. Digital Dollar proposal; however, the language as proposed by Chairwoman Waters of the House Financial Services Committee still contains this language. Links to the original and updated stimulus bills with the latest language are at the end of the story. - Jason Brett, Contributor, Forbes
In that video he quotes and shows charts from Jeff Snider of Alhambra Investments. Jeff is an exceptional source of information that is not readily available elsewhere if you are interested in how the global financial system actually works: Central banks aren’t actually central, how and why QE has not actually worked anywhere, ever (Japan is on it’s what, 24th QE run) and why this latest round will not either etc. Check out his articles here:
Some podcasts here.
totally agree. When BTC first crashed it was just cause ppl were like omg I need cash to buy 10 packs of toilet paper NOW. I bought hard there knowing that in the long run people would come crawling back to bitcoin because it’s like a “hard asset” that is very easy to manage. Like I don’t know what I would do with gold bars if I need to buy some vegetables but I CAN send you the appropriate amount of bitcoin no problem.
I think it’s a predictable outcome how the global financial system works.
Usually intelligence kicks in for the 99%, when the 0.01% owns 99.99% of the world
Just to set the record straight, this means
That I’m selling 0.00000001 Maisafecoin for 38 Maidsafecoin at today’s prices… (incase the fed is interested in buying my SAFE)
I’m more interested in unpredictable things…
In THEORY, the “people” (i.e. the Government) will then be part-owners in these companies. And in THEORY when markets recover those shares can be sold, increasing government revenues, and allowing taxes to be reduced. It’s a win-win; what’s not to like?! In PRACTICE, however…
“Government has three primary functions. It should provide for military defense of the nation. It should enforce contracts between individuals. It should protect citizens from crimes against themselves or their property. When government-- in pursuit of good intentions tries to rearrange the economy, legislate morality, or help special interests, the cost come in inefficiency, lack of motivation, and loss of freedom. Government should be a referee, not an active player.”
― Milton Friedman
I dont think taxes can ever come down when national debt of most countries is spiralling out of control. (That’s assuming it was ever under control)
Who made Milton Friedman god?
In terms of the US at least, I totally agree that this country was founded on the principles Friedman is expousing. I also agree he is correct (my opinion, could be wrong, not seeking to open a debate). We have strayed far, far, far from that these days. I worry what is going to happen when the massive debt we are piling up “comes due”. And it will be paid, one way or another.
And very soon.
Unfortunately we will all suffer for the ideology of the “freedom lovers” who are ONLY interested in THEIR freedom to steal from the rest of us.