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Afaqahmad

Soon crypto currency will be use in whole world

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I too think the same, exceptionally before long cryptocurrencies will be utilized all over the world, since most have great ventures, which can be of incredible offer assistance in numerous angles.

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You are right that now cryptocurrency is popular in the whole world. Now you can use this currency in online shopping. Some countries are accepting to bitcoins. You can exchange this currency with another currency and also can transfer your money in other country.

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Yes you are absolutely right brother,  the way bitcoin is getting popularity in the world. People are interested to get familiar to bitcoin because it benefits all in big amount. We hope soon bitcoin will be accepted in all the countries of the world too. Hope for good.

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Yes your right. Crypto currency is the digital currency. Its demand is very high. Cryptotalk is the greatest source of income. Most of people like this plateform because they gain more experience and more benefits from cryptotalk.

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it is not that easy to make the cryptocurrency usable in all over the world and if you want to do that you need to wait for many years and still there will never be the 100% people using it in all the world.

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Yes you are absolutely right our seniors are working hard. In my opinion its demand is increasing day by day in whole world. Its user have been increased since last few years. So i thing soon people use it from all over the world. 

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Your prediction is absolutely correct mate. Cryptocurrency is advancing day by day with the technology and becoming very popular. Even some of the large organizations and developed countries are using cryptocurrencies in their routine businesses. Soon this currency will be known worldwide and people will accept its value.

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Offcousre crypto currency is growing like a mountain that becomes bigger and bigger each day. Crypto currency is the hot topic of discussion in every small groups. It is definitely the future and it's growth is steady forward. Let's see how bitcoins change the world.

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Yes, you are right.

This is one of the fastest spreading currency in the world. Many countries have recognized this currency. It has been legalized in most parts of the world.

People are investing and earning a lot of profit. The rate of investors is increasing day by day. That is why this forum is so much important because it allows us to gather knowledge about crypto currency..

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Yes, that's right, friend. little by little cryptocurrencies have gained more reach in more countries. some have already adopted the use of currencies. these technologies are new to many and as there are regulations with governments, because more and more people use them for electronic transactions such as payments , definitely Currencies will be the money of the near future.

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You are right and I agree with you very much ..

 

Every day, joining the platform increases dramatically and noticeably, and cryptocurrencies are beginning to become known to large numbers of us, so I think that this matter will make it spread more quickly and will become an important and necessary matter in the coming near future ..

 

I hope so, this world is very great ..

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Yes, I said absolutely right, I talk about you in a hundred percent city and it is common that all the bank systems will be closed in the future. And then how is it that when all the running trades are over, in your business world, Bitcoins will be the second cryptocurrency at its base.

What we can do is that all the era ahead is of digital currency.

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I agree with you, Crypto market is increasing day by day. But most of the country banned crypto currency. I think in 2030, most of the country accept crypto currency as a simple currency. We can use it for buy and sell our daily life. So it will be possible soon.

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@Afaqahmad my mate you are absolutely right, crypto currency is already taking the world wether our governments want or not crypto currency will surely prevail. Soon the paper currencies will be relegated.

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It's depends on the use of people and acceptance of people.  If people of the world like and willing to hold this currancy then it's acceptance in the world increased, second is that is determined in the economy.

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In my opinion, cryptocurrency cannot be used as a transaction tool around the world, because we know that each country has its own currency and is protected by law so that cryptocurrency is impossible to enter and replace currencies around the world. As an investment and also crypto trading can still be done around the world because most countries in the world legalize Bitcoin for investment.

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@Danial0999Hi friend, there will be no doubt that this thing will happen in the future because as we all know, cryptocurrencies is growig day by day and as a main source of this came from digital platform eventually the world will innovate as well and improve it's technology for advancement and there will be no doubt to use cryptocurrencies as our main basis for buying or purchasing things we want. 

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@afaqahmad. My dear friend all senior you know that this platform is a great place to work for you. Make sure you are not allowed for the Menu repeated by them. Fastly this platform crypto talk about can be very famous in the world. 

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Cryptocurrency is the future of this digital world and is very important even now. Most of the large companies and organizations like Microsoft, Amazon etc started accepting these online currencies. Those days are not up to now while cypto currency may be used legally all over the global. So far most cryptocurrencies, like Bitcoin, Ethereum and XRP have been treated more widely as investments rather than actual currencies. 

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Yes I'm quite sure about that crypto currency will be used worldwide in the near future. One of the world's leading financial service provider has already predicted that crypto currency will become a substitute for normal currency in the next decades since the present system is too fragile.

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People's interest in this forum and cryptocurrency is growing rapidly. And now some countries have banned cryptocurrency. But hopefully soon cryptocurrency will be used all over the world and every country will benefit from this currency.

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Right mate as the crypto is progressing day by day and known by everyone then it is very possible that crypto will be used by whole world in the future because it is very best forum which is paying all of us only for making comment. Best wishes for all 😊

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Our experts doing their work with honest and the popularity increasing time by time.crypto currency will be the most familiar in the world.And the price will be increasing more and more.

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Yes dear friend you are very right that very soon cryptocurrency will be popular in all over the world because more people showing their interest in it and more people's invest their money in it and soon it will dominate in all over the world.

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Hello my dear friend yes you are right crypto currency will be used in all our the world it is a great platform it is good for earning and learning a lot of knowledge you can earn and learn both it will be famous day by day every one can be used to make a useful post ..

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The publication of the Fed's Monetary Policy Report on the same day will also attract considerable interest.   GBP/USD: What Will the Bank of England Decide on 20 June?   In autumn 2023, the BoE concluded that its monetary policy should remain tight for a prolonged period until inflation confidently stabilises at the target level of 2.0%. Based on this, despite a decrease in price pressure, at its meeting on 8 May, the Bank of England's Monetary Policy Committee (MPC) decided by a majority vote (seven to two) to keep the key interest rate at the previous level of 5.25%. (Two MPC members voted for a reduction to 5.0%).   According to the country's Office for National Statistics (ONS), since November 2022, the Consumer Price Index (CPI) has fallen from 11.1% to 2.3% – the lowest level since July 2021. The British central bank expects this figure to return to the target level in the near future but to increase slightly to around 2.5% in the second half of the year due to rising energy prices. Additionally, according to the May forecasts, CPI will be 1.9% in two years (Q2 2026) and 1.6% in three years (Q2 2027).   British inflation expectations for the near future have also decreased to the lowest level in almost three years, indicating a return to historically average levels. In May, the country's residents on average expected consumer prices to rise by 2.8% over the next 12 months, compared to a forecast of around 3% in February. This is stated in the results of the British central bank's quarterly survey.   Data on business activity (PMI) published in the first week of June indicated that the economy in the United Kingdom is relatively well. Activity in the manufacturing sector rose to 51.2 from 49.1 earlier. Some slowdown was shown by the PMI for the services sector – from 55.0 to 52.9, and the composite PMI – from 54.1 to 53.0. However, despite this, all these indicators remain above the 50.0 mark, separating growth from a slowdown in activity.   Certain concerns are raised by the UK labour market. Statistics published in early June showed a spike in jobless claims – by 50.4K in May after 8.4K the previous month. This is the largest monthly increase since the first COVID lockdowns. Before the pandemic, the last such spike was during the 2009 recession. Moreover, the unemployment rate for the February-April 2024 period rose to 4.4%. Of course, historically, this is a low level, but it is the highest in three years.    The next Bank of England meeting will be held on Thursday, 20 June. Analysts generally forecast that the interest rate will remain unchanged at 5.25%. This forecast is supported by the slowdown in inflation decline rates. Additionally, there is a significant increase in UK wages (+6.0%), which could push prices up. This, in turn, reduces the likelihood of the British central bank transitioning to a softer monetary policy in the near future. The start of QE may be delayed until September or later.   The BoE's tight monetary policy creates prerequisites for future demand for the pound. Meanwhile, last week, GBP/USD was driven by overseas data. On US inflation data, it broke through the upper boundary of the 1.2700-1.2800 channel and rose to 1.2860, then, following the FOMC meeting results, it fell and broke through the lower boundary, dropping to 1.2656. The week ended at 1.2686.   The median forecast of analysts for the near term is somewhat similar to the forecast for the previous pair. In this case, 50% of specialists voted for dollar strengthening, 25% for a northern trajectory, and 25% remained neutral. As for technical analysis on D1, the picture is also mixed. Trend indicators are evenly split 50:50 between red and green. Among oscillators, 60% point south (a quarter signal oversold), 20% look north, and the remaining 20% remain neutral. In case of further pair decline, support levels and zones are 1.2575-1.2600, 1.2540, 1.2445-1.2465, 1.2405, 1.2300-1.2330. In case of pair growth, resistance will be encountered at 1.2760, 1.2800-1.2820, 1.2865-1.2900.   Besides the mentioned Bank of England meeting on 20 June, including its interest rate decision and subsequent press conference, it is necessary to note Wednesday, 19 June, when fresh consumer inflation (CPI) data for the UK will be released. Friday, 21 June, also promises to be interesting. On this day, retail sales volumes and preliminary business activity (PMI) indicators in various sectors of the UK's economy will be known.   USD/JPY: BoJ Changed Nothing but Promised Changes in the Future   Unlike the Bank of England, the Bank of Japan (BoJ) meeting has already taken place, and its results were announced last Friday, 14 June. The yen's weakness in recent months has negatively impacted Asian currencies. In March, the central bank made its first move – raising the rate for the first time since 2007 (since 2016, it had kept it at a negative level of -0.1%). The regulator also abandoned the targeting of 10-year government bond yields. Investors closely watched the Japanese central bank for hints on whether it would further unwind monetary stimulus.   But for now, the BoJ decided not to change its accommodative monetary policy, maintaining the current pace of bond purchases at around 6 trillion yen ($38 billion) per month. However, it promised to present a plan for their gradual reduction at the next meeting in July. "We decided to subsequently reduce the volume of our purchases [within one to two years] to ensure more free formation of long-term interest rates in financial markets," the central bank statement said. At the same time, the regulator announced that it would gather market participants' opinions before making a specific decision.   The deposit rate for commercial banks was also left unchanged – officials unanimously voted to keep it in the range of 0.0%-0.1%, as expected. From this, experts once again concluded that the BoJ would not rush to tighten its quantitative easing (QT) monetary policy.   The French bank Societe Generale believes that given the pressure from the government due to the weak yen, the most likely scenario will be a reduction in bond purchases starting in August, with their purchases decreasing every three months and reaching zero by November 2025. Additionally, according to Societe Generale economists, the BoJ may raise the discount rate in September this year.   Of course, USD/JPY could not ignore such events of the past week as the US CPI figures and the Fed meeting: its fluctuation range exceeded 240 points (155.71 at the low, 158.25 at the high). However, the five-day result was not so impressive: starting at 156.75, it ended at 157.37.   Experts' forecasts for the near term look like this: not a single vote was given for the pair's southern movement and yen strengthening, while the remaining votes were evenly split: 50% pointed north, and 50% remained neutral. As for technical analysis, all trend indicators on D1 are coloured green. The nearest support level is in the 156.80-157.05 zone, followed by 156.00-156.10, 155.45, 154.50-154.70, 153.10-153.60, 151.85-152.15, 150.80-151.00, 149.70-150.00, 148.40, 147.30-147.60, 146.50. The nearest resistance lies in the 157.70 area, followed by 158.25-158.60, 160.00-160.20.   No significant economic statistics releases for Japan are scheduled for the upcoming week.   CRYPTOCURRENCIES: The Present and Future of Bitcoin Depend on the USA     In the absence of independent drivers, the crypto market has recently followed the dollar, which in turn follows the Fed, which follows the macro statistics from the USA. BTC/USD is like scales, with the main cryptocurrency on one side and the US dollar on the other. The dollar became heavier – bitcoin became lighter, and vice versa. On Friday, 7 June, strong statistics on the US labour market were released – the dollar became heavier, bitcoin lighter. On Wednesday, 12 June, it turned out that inflation in the USA was decreasing – the dollar weakened, bitcoin became heavier. And in the evening, the Fed calmed the markets regarding the interest rate – and the scales swung back. Just look at the BTC/USD and Dollar Index (DXY) charts – the inverse correlation leaves no doubt. In recent days, the flagship of the crypto market has lost about 7% in price. And the reason for this is the aforementioned monetary policy of the US Fed. Enthusiasm was not added by the fact that bitcoin-ETF inflows broke a 19-day streak. On 11 June alone, industry funds lost almost $65 million. The reasons are the same. They can be supplemented by the upcoming summer holiday season – a period of correction and lull in financial markets.   Traders note that recently, "digital gold" has been trading in a narrow range between $66,000 and $72,000. One of the popular market participants considers the lower mark an ideal entry point, while entry at the upper boundary of the range, in his words, carries high risk. MN Capital founder and analyst Michael van de Poppe does not rule out that pressure from sellers will persist in the near future. In such conditions, bitcoin may correct to $65,000 and even lower. However, van de Poppe does not expect a deep price drop. According to him, a large amount of liquidity is concentrated around the $60,000 area. This suggests that this level now acts as a strong support area, and positive dynamics can be supported by geopolitical instability.   According to surveys, more than 70% of the crypto community believe that BTC is on the verge of further growth. For instance, trader Captain Faibik is confident that bitcoin is preparing to break through the "expanding wedge" technical analysis pattern. According to him, breaking its upper boundary will open the path for the cryptocurrency to rise above $94,000. Trader Titan of Crypto, in turn, expects bitcoin to reach $100,000 this summer. The growth prospects of BTC are also indicated by the activity of large investors. According to industry representatives, whales are actively entering long positions on bitcoin. Cryptoquant CEO Ki Young Ju clarified that the $69,000 level has become particularly attractive for large investors.   New Binance CEO Richard Teng, who replaced Changpeng Zhao, believes that bitcoin will soon exceed $80,000. Teng associates the potential new high with the work of spot BTC-ETFs, which have strengthened trust in the asset. The Binance CEO also allows for the legalisation of cryptocurrency if Donald Trump is elected President of the United States. Declaring himself the "crypto president," Trump said in May that the USA should lead the global crypto industry.   However, at present, cryptocurrency regulation measures are in the stage of development and implementation, which restrains investments. According to experts, current investments should be considered test cases. It should also be noted that spot ETFs have attracted significant liquidity only in the USA – there is no similar interest in most countries.   According to billionaire Mark Cuban, the attitude towards cryptocurrencies will be a key difference between US presidential candidates Donald Trump and Joe Biden, although neither understands this issue. "Do you really think [Trump] understands anything about cryptography other than making money from selling NFTs?" Cuban asked. And he answered himself: "Neither of [the candidates] understands. But I've said many times that Biden will have to choose between [SEC Chair] Gary Gensler and crypto-voters, otherwise it could cost him the White House."  According to Bitfinex crypto exchange analysts, bitcoin's price could rise to $120,000-125,000 within a few months to half a year. Similar figures are named by BitGo crypto trust company CEO Mike Belshe. In his opinion, by the end of 2024, the first cryptocurrency will cost $125,000-135,000, and one of the catalysts will be the high level of US government debt. "Our macroeconomic climate continues to confirm the need for bitcoin. Undoubtedly, US government debt is out of control. [...] This situation supports the idea that bitcoin is the gold of the new generation," Belshe said.   He also noted that the US dollar is losing its position as the world reserve currency due to US foreign policy. The BitGo CEO believes that the country uses the dollar as a weapon and a means of manipulation. "Thus, the US debt crisis is one, foreign policy and sanction control is two. And BRICS offers alternative payment systems. [...] This is the story of why bitcoin exists," he concluded.   At the time of writing this review on the evening of Friday, 14 June, BTC/USD is trading at $65,800. The total crypto market capitalisation is $2.38 trillion ($2.54 trillion a week ago). Bitcoin's capitalisation has reached a solid $1.30 trillion, which, as experts warn, reduces the effect of future inflows. Pessimists say the asset is already "overheated," and to reach $125,000, its capitalisation must almost double. In their opinion, such a colossal influx during the overbought period is unlikely, so one should expect a correction and subsequent consolidation. The possibility of such an outcome is also hinted at by the Bitcoin Fear & Greed Index: over 7 days, it fell from 77 to 70 points and moved from the Extreme-Greed zone to the Greed zones. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
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