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Title: Who says $$$ is going to collapse? Post by: momagic on March 27, 2013, 11:04:10 PM Because BTC is actually propping it up?
From what I see BTC is mainly traded in Dollars... just like Oil. If Oil wasn't traded in $ it would not be as strong. That's why the US don't like Iran as they trade in other currencies. ? Title: Re: Who says $$$ is going to collapse? Post by: Elwar on March 27, 2013, 11:13:35 PM It is the only currency my company currently pays.
Title: Re: Who says $$$ is going to collapse? Post by: porcupine87 on March 27, 2013, 11:36:17 PM Same with Apple stocks. Why do they not trade oil in Apple stocks? Then the oil price would not be that high??
Title: Re: Who says $$$ is going to collapse? Post by: kjj on March 28, 2013, 01:14:51 PM Because BTC is actually propping it up? From what I see BTC is mainly traded in Dollars... just like Oil. If Oil wasn't traded in $ it would not be as strong. That's why the US don't like Iran as they trade in other currencies. The notion of oil purchases propping up the dollar price would totally make sense, in a world without FOREX. |