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[ammu40]

The adoption of bitcoin as a global reserve currency would mean that the US dollar would no longer hold that position. Under a bitcoin standard, prices would be denominated in bitcoin, and it would function as a unit of account. While it's still early to predict, bitcoin is already being used as a currency in some places like El Salvador. The bitcoin standard would lead to central banks holding bitcoin on their balance sheets, and the bond market would become superfluous. The stock market would shrink, and some businesses would go bankrupt. However, the bitcoin standard would eliminate fiat credit bubbles and cure inflation, resulting in a more productive and healthier economy over time. While there would be some pain in the transition to a bitcoin standard, it would be worth it in the end.

 

[Margery]

I cannot agree with such a statement. Using bots to trade in financial markets has its own risks, and you should carefully study their capabilities and limitations before using them. In addition, the use of bots does not guarantee the profitability of trading, as market volatility can be unpredictable and not always amenable to automatic control. You should always be careful and trade only on the basis of your own knowledge and experience.

 

[Gamer01]

There are some bots that are having good Reviews and they are starting from about $150 there are also many others bots having bad reviews but few of them are making their users a guaranteed minimum daily revenue which is good indeed .

 

[Margery]

Both of them still work. However, there are few bots that can guarantee a minimum daily income for their users, which is a good opportunity to make money on the platforms. Worth a try if you want to make money.

 

[Gamer01]

Yes you are right , most of the bots have pre determined settings for an average daily profit which is a good thing if you want a passive income coming from the investment you are making in the software .

 

[Margery]

I would like to clarify that not all bots come with preset average daily profit settings. Some bots allow the user to choose the strategies and settings that will be used when trading. It is also important to remember that the use of bots does not guarantee profit and carries the risk of losing funds.

 

[Riberet19]

I would like to clarify that not all bots come with preset average daily profit settings. Some bots allow the user to choose the strategies and settings that will be used when trading. It is also important to remember that the use of bots does not guarantee profit and carries the risk of losing funds.

I have never trusted these bots, in the end the market acts in irrational ways, and these bots are not really configured for it, they only follow patterns, and there are times when the market breaks all the schemes, and it does happen so many times, really the best way to make money operating is by educating yourself and gaining experience yourself.

 

[Margery]

I have never trusted these bots, in the end the market acts in irrational ways, and these bots are not really configured for it, they only follow patterns, and there are times when the market breaks all the schemes, and it does happen so many times, really the best way to make money operating is by educating yourself and gaining experience yourself.

Вы правы, боты могут быть полезными инструментами для тех, кто понимает, как они работают и какие риски связаны с использованием автоматизированных систем торговли. Однако, как и любой инструмент, они не являются универсальным решением, и не гарантируют прибыль. Инвесторы должны понимать, что рынок может быть непредсказуемым, и что торговля с помощью ботов может быть опасной, если нет правильной стратегии и контроля. Обучение, получение опыта и разработка собственной стратегии торговли являются хорошими способами увеличения шансов на успех на рынке.

 

[Riberet19]

You are right, bots can be useful tools for those who understand how they work and the risks associated with using automated trading systems. However, like any instrument, they are not a universal solution and do not guarantee profit. Investors need to understand that the market can be unpredictable and that bot trading can be dangerous if the right strategy and controls are not in place. Learning, gaining experience and developing your own trading strategy are good ways to increase your chances of success in the market.

(I translated your message) Exactly if trading bots were the definitive solution, everyone should use the bots and become millionaires, not really, we must learn by ourselves, and if we want to risk a part of the capital in these bots that's fine, but without expect great things from them, you know when the expectations are very high, the blow is stronger.

 

[Margery]

(I translated your message) Exactly if trading bots were the definitive solution, everyone should use the bots and become millionaires, not really, we must learn by ourselves, and if we want to risk a part of the capital in these bots that's fine, but without expect great things from them, you know when the expectations are very high, the blow is stronger.

You're right. Trading bots can help automate trading in the market, but are not the only solution to investing success. Although they can be useful in some cases, it is important to remember that they cannot guarantee profits or protect against losses. Investing is always associated with risk, and each investor must make his own decisions based on his knowledge and experience. Education and understanding of the market are important factors for success in investing.

 

[btaliat]

The adoption of bitcoin as a global reserve currency would mean that the US dollar would no longer hold that position. Under a bitcoin standard, prices would be denominated in bitcoin, and it would function as a unit of account. While it's still early to predict, bitcoin is already being used as a currency in some places like El Salvador. The bitcoin standard would lead to central banks holding bitcoin on their balance sheets, and the bond market would become superfluous. The stock market would shrink, and some businesses would go bankrupt. However, the bitcoin standard would eliminate fiat credit bubbles and cure inflation, resulting in a more productive and healthier economy over time. While there would be some pain in the transition to a bitcoin standard, it would be worth it in the end.

Unfortunately, this is has not been achieves as the US dollar is still held at high esteem. Bitcoin has not done any changes to this. In fact, the price of the United States dollar always affect the performance of the Bitcoin and some other cryptocurrency.

 

[Margery]

Yes it's true. The price of the US dollar can affect cryptocurrencies like bitcoin since most cryptocurrencies are traded on dollar pairs. If the price of the US dollar increases, then this can lead to a decrease in the value of Bitcoin and other cryptocurrencies in dollars. Conversely, if the price of the US dollar falls, then this can lead to an increase in the value of cryptocurrencies in dollars.

 

[Flower]

Bitcoin has a great impact on the financial system and it's probably replacing some financial transactions. In actuality, majority of people prefer to use bitcoin for financial transaction nowadays because it is safe and it is not decentralized.

 

[Margery]

I would like to clarify that at present, most people still prefer to use traditional financial instruments such as bank transfers, credit cards and payment systems to carry out their financial transactions. However, bitcoin and other cryptocurrencies are becoming more and more popular among users, and some companies are already accepting cryptocurrencies as payment for goods and services. In addition, blockchain, the technology behind bitcoin, has the potential to change not only the financial industry, but also other industries such as logistics, healthcare, and voting.

 

[Wisdom01]

Bitcoin ofcourse seems to be a promising coin, it's impact in the financial sector is actually more ,like many have seen it as one medium of payment , they have found that good I Bitcoin and ready to take advantage

 

[Margery]

Indeed, bitcoin has the potential to change the financial sector, and its impact on it could be significant. Bitcoin is a decentralized digital currency that allows people to send and receive payments without intermediaries such as banks or payment processors.

 

[Riberet19]

Indeed, bitcoin has the potential to change the financial sector, and its impact on it could be significant. Bitcoin is a decentralized digital currency that allows people to send and receive payments without intermediaries such as banks or payment processors.

Well I do not know if Bitcoin itself, but the technology that brings behind, that is, the Blockchain can do it, governments do not want Bitcoin to change the economy, otherwise they are focused on using part of the blockchain technology to create their CBDCs, although there are other projects like FEDNOW that is supposed to be a pilot project for a payment system within the US that does not even use blockchain technology.

 

[Bigron]

A global Bitcoin standard may have a huge impact on the world's economy and financial landscape, as authorities would be deprived of some of their authority to regulate the circulation of cash if Bitcoin were to become widely used.

 

[Oluwatoyin]

The concept of a global Bitcoin standard refers to a scenario where Bitcoin becomes the dominant currency in the world, replacing the existing fiat currencies. While this scenario is unlikely to occur in the near future, it is worth exploring the potential impact of such a development on the economy and financial system.

 

[itkelvinagain]

A global Bitcoin standard could help to improve the efficiency of the global economy, as it would reduce the need for intermediaries, such as banks and clearinghouses. This could lower transaction costs and make it easier for people to do business with each other.

 

[Japhnet]

If Bitcoin were adopted as a global standard, it would undoubtedly have a significant impact on the economy and financial system. Some people argue that a Bitcoin standard could lead to increased economic stability and growth, as it would be independent of any central bank or government.