Bitcoin Forum

I see it all over youtube, I know youtube videos on economy are completely unreliable, but there seems to be an awful lot of FUD about the dollar supposedly collapsing at exactly 28th may 2016.

Even if this is not going to happen (I mean it might happen, but predictions with dates this specific are unlikely to happen) it might cause some people to flee to crypto.

Will may 28th bring a significant increase in bitcoin value or will this just blow over like all other doomsday predictions?

I think it will just blow over like all other predictions, but it would be cool if it would have at least some effect on bitcoin.

lol isnt may 28th the scheduled collapse of ETH?

The funniest thing about all this is that in all those videos i have seen a lot of arguments in favor of a dollar collapse, but none of them mention why specifically on may 28th.

 mean it's plain obvious the dollar is on its last legs, but what makes may 28th so significant?

that being said, if enough people believe the dollar will crash on may 28th it will become a self fulfilling prophecy.

The dollar ain't going anywhere, numbnuts.

But we need a valid claim with supporting details to be able to see if it's really a good prediction or just a bullshit.

Not ETH, DAO, well, which in a chain reaction will make ETH fall too. I think ETH has way bigger chances to collapse in 28th than chances the dollar has to collapse on that day, so you know what to do. If you haven't shorted your ETH already you are bagholding.

The dollar vigilant and his youtube butt buddies have been plastering the USD doom on youtube for quite some time now. It has been collapsing every month/year between that time, be it the jubilee, shemitah 7 year cycle etc. Most of the others just carry on his theories and charge the scared each month for the fix (scamming. While interesting and hints of truth do surface I go by not listening to people on youtube that have ulterior motives 99% of the time. I would make a bet with everything I own that it will not collapse on that date.

wont collapse on 28. lol. Maybe in 4-5 years when euro crashed before

Yeah....all these spammy videos, containing old videos that has fk all to do with May 28th.........total and utter bullshit, like so much political/economical commentary on Youtube.....whatever....

With that said, there is a Earth, Venus, Saturn (the 'evil' planet) 120° cross due on the 1st June.....when an EVU cross appears, markets have the habit of taking violent swings. EVUs have a track record of coinciding with significant market pivot points.

MatTheCat reverse indicator is in.  Dollar crash confirmed.

superstition is as good a reason as any for markets to crash.

markets are basically psychology after all.

The effects of a full moon on ions in the atmosphere is well known, and whilst their is no 'evidence' that this effects human behaviour, any emergency services worker or medical professional who has ever worked in A&E, will tell you that people tend to be more 'crazy' on a full moon. I myself, often have trouble getting to sleep on a full moon, as do many others. Often the first I know that it is a full moon, is when I realise I am too restless to sleep.

Moral of the story, astrological bodies subtly influence energy fields on earth, which in turn influence us, and our behaviour.

Super cockr0ach reverse indicator is in. Dollar crash unsubstantiated.

well, whatever it is, it seems like at least some people put their money where their mouth is and buy bitcoin just in case.

I don't mind at all.

The Ethereum price already crashed, it crashed from $15 to $12.5 at present. That is 16% correction.

And now ETH is heading back up again.

 The whole "Dollar collapse" FUD crap seems to have originated from a comment Putzkin (that Russie ex-KGB type) made - and like MOST of his BS should have been taken with a couple tons of salt.

The price is around $14 again. The price support is very strong. So the whales are deteremined to keep the price high.