Bitcoin Forum

Economy => Speculation => Topic started by: orsana on November 14, 2013, 05:20:43 PM



Title: Bitcoin hits $151,998
Post by: orsana on November 14, 2013, 05:20:43 PM
Zimbabwean Dollar :D

http://www.xe.com/currencyconverter/convert/?Amount=420&From=USD&To=ZWD


Title: Re: Bitcoin hits $151,998
Post by: kireinaha on November 14, 2013, 06:01:02 PM
Zimbabwean Dollar :D

http://www.xe.com/currencyconverter/convert/?Amount=420&From=USD&To=ZWD

Don't do that to me, I was about to jam my finger down on the sell button!


Title: Re: Bitcoin hits $151,998
Post by: Chalkbot on November 14, 2013, 06:07:15 PM
Posting here so I can rez this thread in 16 months.


Title: Re: Bitcoin hits $151,998
Post by: Teka on November 14, 2013, 06:08:50 PM
I'm posting so that in 2020 I can remember to make this same post but with USD.


Title: Re: Bitcoin hits $151,998
Post by: Trade101 on November 14, 2013, 09:11:09 PM
any exchange introduced BTC/Zimbabwe $ yet?


Title: Re: Bitcoin hits $151,998
Post by: orsana on November 14, 2013, 09:24:08 PM
any exchange introduced BTC/Zimbabwe $ yet?

Zimbabwe dollar is no longer used because the Zimbabwean government mismanaged the currency by printing vasts amounts of it in order to pay off foreign debt and current expenditure. It caused hyper-inflation and caused the currency to devalue by 100,000% in a year.

They now use gold and US dollars to transact.

It's an interesting story and a perfect example of what can go wrong when a central authority has control of a currency.

http://chinwag.com/files/images/photos/2342854191_9f4794a1fd.jpg


Title: Re: Bitcoin hits $151,998
Post by: bitboyben on November 14, 2013, 09:51:42 PM
I want to get one of those 100 trillion dollar bills I've heard so much about.


Title: Re: Bitcoin hits $151,998
Post by: antimattercrusader on November 14, 2013, 09:54:07 PM
... and this is exactly why I advocate and feel Africa may be the start of mainstream bitcoin usage.


Title: Re: Bitcoin hits $151,998
Post by: lucaspm98 on November 14, 2013, 09:59:29 PM
Wow you got me there for a second!  :P For real though, it is an interesting story of how bad government can ruin things quickly.


Title: Re: Bitcoin hits $151,998
Post by: vitalemontea on November 14, 2013, 10:12:30 PM
You can just leave it there and come back next day to find it still there.


Title: Re: Bitcoin hits $151,998
Post by: MaxBTC1 on November 14, 2013, 10:14:30 PM
Posting here so I can rez this thread in 16 months.


Hahaha this!


Title: Re: Bitcoin hits $151,998
Post by: Odalv on November 14, 2013, 10:28:08 PM

You will never be sure they have not stolen your wheelbarrow.


Title: Re: Bitcoin hits $151,998
Post by: Bitventurer on November 14, 2013, 11:14:29 PM
germany back in the 20s

http://www.altergamer.com/wp-content/uploads/2012/03/germany-infation.jpg


Title: Re: Bitcoin hits $151,998
Post by: Le Happy Merchant on November 14, 2013, 11:30:48 PM
Posting here so I can rez this thread in 16 months.

Bear.  :D


Title: Re: Bitcoin hits $151,998
Post by: Elwar on November 15, 2013, 07:25:44 AM
Posting here so I can rez this thread in 16 months.

Quoting to remind future us that in 2013 $151,998 was considered a lot of money.


Title: Re: Bitcoin hits $151,998
Post by: Wilhelm on November 15, 2013, 08:19:28 AM
I am going to predict the future here. We are going to hit this price in april 2018 ;)