Business Basics Exam > Business Basics Videos > Cryptocurrency Fundamentals: Buy, Sell and Trade Cryptocurrency > Monero price predictions - A beginners guide to the world's biggest privacy coin
Monero price predictions - A beginners guide to the world's biggest privacy coin Video Lecture | Cryptocurrency Fundamentals: Buy, Sell and Trade Cryptocurrency - Business Basics
FAQs on Monero price predictions - A beginners guide to the world's biggest privacy coin Video Lecture - Cryptocurrency Fundamentals: Buy, Sell and Trade Cryptocurrency - Business Basics
| 1. What is Monero and why is it considered the world's biggest privacy coin? |  |
Ans. Monero is a cryptocurrency that focuses on providing privacy and anonymity to its users. It uses advanced cryptographic techniques to ensure that transactions cannot be traced back to the individuals involved. Monero is considered the world's biggest privacy coin because it has gained significant popularity and market capitalization among privacy-focused cryptocurrencies.
| 2. How does Monero ensure privacy in transactions? | |
Ans. Monero ensures privacy in transactions through several key features. Firstly, it uses ring signatures to mix the sender's transaction with a group of others, making it difficult to identify the true sender. Secondly, it employs stealth addresses, which generate a unique one-time address for each transaction, preventing the recipient from being linked to previous transactions. Lastly, Monero uses confidential transactions, which obscure the amount being transacted, ensuring financial privacy.
| 3. What factors influence the price of Monero? | |
Ans. The price of Monero, like any other cryptocurrency, is influenced by various factors. Some key factors include market demand and supply, investor sentiment, overall cryptocurrency market trends, regulatory developments, technological advancements, and the general economic environment. Additionally, any news or events specifically related to Monero, such as software updates or security vulnerabilities, can also impact its price.
| 4. What are some advantages of using Monero over other cryptocurrencies? | |
Ans. Monero offers several advantages over other cryptocurrencies. Firstly, its focus on privacy and anonymity provides users with enhanced security and confidentiality. Secondly, Monero's cryptographic techniques make it virtually impossible to trace transactions, ensuring financial freedom. Additionally, Monero has a strong and active community that constantly works on improving the technology and addressing any vulnerabilities. Lastly, Monero has gained wider acceptance among various online merchants and platforms, increasing its usability.
| 5. What are some potential risks associated with investing in Monero? | |
Ans. Investing in Monero, like any other cryptocurrency, comes with certain risks. Firstly, the price of Monero can be highly volatile, leading to potential losses for investors. Secondly, regulatory actions or bans on privacy-focused cryptocurrencies by governments can negatively impact the value and usability of Monero. Moreover, technological vulnerabilities or security breaches can also pose risks to the value and reputation of Monero. It is important for investors to conduct thorough research and understand the risks before investing in any cryptocurrency.
Text Transcript from Video
inflation alert the best predictor of
future inflation just went off the Fed
is dramatically understating real
inflation as you know I've been very
critical of the feds inflation measures
for years the official inflation measure
Consumer Price Index or CPI does a
horrible job of measuring the actual
cost of living for Americans
I have long stated that this is
intentional is the purpose of CPI is to
hide the true rate of inflation so the
Fed can paper over the decline in living
standards that has plagued the US for
the last few decades the Fed isn't doing
this out of ignorance either back in
2002 fed researchers actually reviewed
the usefulness of its CPI metric for
forecasting inflation the results were
not pretty
in fact the Fed discovered that it's
official measures of inflation CPI and
PC do a horrible job of predicting
future inflation so what does predict
future inflation accurately food prices
we see the past inflation in food prices
has been a better forecast terror of
future inflation than has the popular
core measure comparing the past year's
inflation in food prices to the prices
of other components that comprise the
PRP as in table one we find that the
food components still ranks the best
among them all source the regional
economists I want you to focus on these
two admissions one the Fed has admitted
that it's official inflation measures do
not accurately predict future inflation
to the Fed admitted that food prices are
a much better predictor of future
inflation in fact food prices were a
better predictor of inflation than the
feds PC non-durables goods
transportation services housing clothing
energy and more put simply if you want
to predict inflation well you need to
look at food prices are you ready for
the next crisis the markets are in a
massive bubble and when it bursts it's
going to make smart traders very very
rich
our specially designed options service
that crisis trader is already up 37%
this year and that's before the crash
hits yes 37% and we've still got four
months to go this year
normally a service like this costs
$5,000 just to try but you can get four
of the crisis traders high octane
options trades for just 99 cents today
with that in mind food inflation is on
the rise as a whole food and beverage
inflation is broken out of a descending
wedge pattern blue lines in the context
of a massive wedge triangle pattern
purples lines we're heading for a test
of the upper purple line shortly put
simply inflation is rising and that it
is going to be getting worse in the
weeks and months ahead why do you think
the dollar used has dumped 10 percent
this year already this is the big money
trend today
and smart investors will use it to
generate literal fortunes we just
published the special investment report
concerning five secret investments you
can use to make inflation pay you as it
rips through the financial system in the
months ahead the report is titled
survived the inflationary storm and it
explains in very simple terms how to
make inflation pay you
inflation alert the best predictor of
future inflation just went off the Fed
is dramatically understating real
inflation as you know I've been very
critical of the feds inflation measures
for years the official inflation measure
Consumer Price Index or CPI does a
horrible job of measuring the actual
cost of living for Americans
I have long stated that this is
intentional is the purpose of CPI is to
hide the true rate of inflation so the
Fed can paper over the decline in living
standards that has plagued the US for
the last few decades the Fed isn't doing
this out of ignorance either back in
2002 fed researchers actually reviewed
the usefulness of its CPI metric for
forecasting inflation the results were
not pretty
in fact the Fed discovered that it's
official measures of inflation CPI and
PC do a horrible job of predicting
future inflation so what does predict
future inflation accurately food prices
we see the past inflation in food prices
has been a better forecast tear of
future inflation than has the popular
core measure comparing the past year's
inflation in food prices to the prices
of other components that comprise the
poppy as in table 1 we find that the
food components still ranks the best
among them all source the regional
economists I want you to focus on these
two admissions 1 the Fed has admitted
that it's official inflation measures do
not accurately predict future inflation
to the Fed admitted that food prices are
a much better predictor of future
inflation in fact food prices were a
better predictor of inflation than the
feds PC non-durables goods
transportation services housing clothing
energy and more put simply if you want
to predict inflation well you need to
look at food prices are you ready for
the next crisis the markets are in a
massive bubble and when it bursts it's
going to make smart traders very very
rich
our specially designed options service
that crisis trader is already up 37%
this year and that's before the crash
hits yes 37% and we've still got four
months to go this year
normally a service like this costs
$5,000 just to try but you can get four
of the crisis traders high octane
options trades for just 99 cents today
with that in mind food inflation is on
the rise as a whole food and beverage
inflation is broken out of a descending
wedge pattern blue lines in the context
of a massive wedge triangle pattern
purples lines we're heading for a test
of the upper purple line shortly put
simply inflation is rising and it was
going to be getting worse in the weeks
and months ahead why do you think the
dollar used has dumped 10 percent this
year already this is the big money trend
today and smart investors will
future inflation just went off the Fed
is dramatically understating real
inflation as you know I've been very
critical of the feds inflation measures
for years the official inflation measure
Consumer Price Index or CPI does a
horrible job of measuring the actual
cost of living for Americans
I have long stated that this is
intentional is the purpose of CPI is to
hide the true rate of inflation so the
Fed can paper over the decline in living
standards that has plagued the US for
the last few decades the Fed isn't doing
this out of ignorance either back in
2002 fed researchers actually reviewed
the usefulness of its CPI metric for
forecasting inflation the results were
not pretty
in fact the Fed discovered that it's
official measures of inflation CPI and
PC do a horrible job of predicting
future inflation so what does predict
future inflation accurately food prices
we see the past inflation in food prices
has been a better forecast terror of
future inflation than has the popular
core measure comparing the past year's
inflation in food prices to the prices
of other components that comprise the
PRP as in table one we find that the
food components still ranks the best
among them all source the regional
economists I want you to focus on these
two admissions one the Fed has admitted
that it's official inflation measures do
not accurately predict future inflation
to the Fed admitted that food prices are
a much better predictor of future
inflation in fact food prices were a
better predictor of inflation than the
feds PC non-durables goods
transportation services housing clothing
energy and more put simply if you want
to predict inflation well you need to
look at food prices are you ready for
the next crisis the markets are in a
massive bubble and when it bursts it's
going to make smart traders very very
rich
our specially designed options service
that crisis trader is already up 37%
this year and that's before the crash
hits yes 37% and we've still got four
months to go this year
normally a service like this costs
$5,000 just to try but you can get four
of the crisis traders high octane
options trades for just 99 cents today
with that in mind food inflation is on
the rise as a whole food and beverage
inflation is broken out of a descending
wedge pattern blue lines in the context
of a massive wedge triangle pattern
purples lines we're heading for a test
of the upper purple line shortly put
simply inflation is rising and that it
is going to be getting worse in the
weeks and months ahead why do you think
the dollar used has dumped 10 percent
this year already this is the big money
trend today
and smart investors will use it to
generate literal fortunes we just
published the special investment report
concerning five secret investments you
can use to make inflation pay you as it
rips through the financial system in the
months ahead the report is titled
survived the inflationary storm and it
explains in very simple terms how to
make inflation pay you
inflation alert the best predictor of
future inflation just went off the Fed
is dramatically understating real
inflation as you know I've been very
critical of the feds inflation measures
for years the official inflation measure
Consumer Price Index or CPI does a
horrible job of measuring the actual
cost of living for Americans
I have long stated that this is
intentional is the purpose of CPI is to
hide the true rate of inflation so the
Fed can paper over the decline in living
standards that has plagued the US for
the last few decades the Fed isn't doing
this out of ignorance either back in
2002 fed researchers actually reviewed
the usefulness of its CPI metric for
forecasting inflation the results were
not pretty
in fact the Fed discovered that it's
official measures of inflation CPI and
PC do a horrible job of predicting
future inflation so what does predict
future inflation accurately food prices
we see the past inflation in food prices
has been a better forecast tear of
future inflation than has the popular
core measure comparing the past year's
inflation in food prices to the prices
of other components that comprise the
poppy as in table 1 we find that the
food components still ranks the best
among them all source the regional
economists I want you to focus on these
two admissions 1 the Fed has admitted
that it's official inflation measures do
not accurately predict future inflation
to the Fed admitted that food prices are
a much better predictor of future
inflation in fact food prices were a
better predictor of inflation than the
feds PC non-durables goods
transportation services housing clothing
energy and more put simply if you want
to predict inflation well you need to
look at food prices are you ready for
the next crisis the markets are in a
massive bubble and when it bursts it's
going to make smart traders very very
rich
our specially designed options service
that crisis trader is already up 37%
this year and that's before the crash
hits yes 37% and we've still got four
months to go this year
normally a service like this costs
$5,000 just to try but you can get four
of the crisis traders high octane
options trades for just 99 cents today
with that in mind food inflation is on
the rise as a whole food and beverage
inflation is broken out of a descending
wedge pattern blue lines in the context
of a massive wedge triangle pattern
purples lines we're heading for a test
of the upper purple line shortly put
simply inflation is rising and it was
going to be getting worse in the weeks
and months ahead why do you think the
dollar used has dumped 10 percent this
year already this is the big money trend
today and smart investors will
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Nov 15, 2024 Last updated |
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