|
Title: Dollar is truly bottoming Post by: AkramMajed on July 28, 2014, 06:10:06 AM What will markets do if dollar is truly bottoming?
Title: Re: Dollar is truly bottoming Post by: tee-rex on July 28, 2014, 08:46:14 AM What will markets do if dollar is truly bottoming? What do you mean by "dollar truly bottoming"? Title: Re: Dollar is truly bottoming Post by: joshraban76 on July 28, 2014, 09:44:46 AM I can only guess that you mean what would the markets do if the dollar was to hit rock bottom in the stock market? I guess there would not be much they could do to be honest. The first thing I would want to know would be why the dollar was able to hit rock bottom in the first place, with so many ways to be able to prevent such things happening now it would take a lot to see the dollar drop so low, or at least you would think so.
Title: Re: Dollar is truly bottoming Post by: medUSA on July 28, 2014, 10:40:40 AM What will markets do if dollar is truly bottoming? Don't know precisely what you mean by that. I guess it is about USD exchange rate is now near it's bottom and will soon climb up against EUR and GBP? I think that will happen pretty soon when the Feds start to raise interest rate. Then, which "market" are you talking about? Title: Re: Dollar is truly bottoming Post by: tee-rex on July 28, 2014, 10:44:02 AM What will markets do if dollar is truly bottoming? Don't know precisely what you mean by that. I guess it is about USD exchange rate is now near it's bottom and will soon climb up against EUR and GBP? I think that will happen pretty soon when the Feds start to raise interest rate. Then, which "market" are you talking about? How can it possibly be at the bottom right now if it has been steadily climbing up against major currencies recently? Just look at the USDX index dynamics for the last few weeks and judge for yourself. Title: Re: Dollar is truly bottoming Post by: medUSA on July 28, 2014, 11:00:19 AM How can it possibly be at the bottom right now if it has been steadily climbing up against major currencies recently? Just look at the USDX index dynamics for the last few weeks and judge for yourself. The timescale for a forex "bottom" is in years. Please look at the 5 year GBP/USD, how can you not see USD is *AT* the bottom? (peak in 2010 and 2013) Title: Re: Dollar is truly bottoming Post by: tee-rex on July 28, 2014, 12:46:07 PM How can it possibly be at the bottom right now if it has been steadily climbing up against major currencies recently? Just look at the USDX index dynamics for the last few weeks and judge for yourself. The timescale for a forex "bottom" is in years. Please look at the 5 year GBP/USD, how can you not see USD is *AT* the bottom? (peak in 2010 and 2013) What about Euro (or Yen for that matter)? Could we just say that it is British pound that is at the ceiling right now? Title: Re: Dollar is truly bottoming Post by: transient858 on July 29, 2014, 05:55:39 AM Long term trend of dollar will follow pound.
Title: Re: Dollar is truly bottoming Post by: rocking1805 on July 29, 2014, 07:25:25 AM If dollar falls down, especially suddenly, nobody will known what is going to become with stock markets because the USA immediately will start a war))))
Title: Re: Dollar is truly bottoming Post by: waldox on July 29, 2014, 07:42:13 AM If dollar falls down, especially suddenly, nobody will known what is going to become with stock markets because the USA immediately will start a war)))) i agree lots of things are pointing towards a controlled collapse of the usa economy and then a false flag to start a new world war to cover up the collapse and then to consolidate power to a global govt... as people will blindly follow their govt in times of war. Title: Re: Dollar is truly bottoming Post by: adog on July 29, 2014, 09:19:35 AM If dollar falls down, especially suddenly, nobody will known what is going to become with stock markets because the USA immediately will start a war)))) i agree lots of things are pointing towards a controlled collapse of the usa economy and then a false flag to start a new world war to cover up the collapse and then to consolidate power to a global govt... as people will blindly follow their govt in times of war. +1 totally and fully agree. youtube recordings are taken as a conclusive evidence and etc.? need a war.. just trying to find a hook to start a war.. and people believe blindly Title: Re: Dollar is truly bottoming Post by: lyth0s on July 29, 2014, 09:38:07 AM If dollar falls down, especially suddenly, nobody will known what is going to become with stock markets because the USA immediately will start a war)))) i agree lots of things are pointing towards a controlled collapse of the usa economy and then a false flag to start a new world war to cover up the collapse and then to consolidate power to a global govt... as people will blindly follow their govt in times of war. +1 totally and fully agree. youtube recordings are taken as a conclusive evidence and etc.? need a war.. just trying to find a hook to start a war.. and people believe blindly What are you talking about? Youtube videos as conclusive evidence of what exactly? As far as the US starting a war when/if stock markets crash, doesn't really sound reasonable to me. Especially with "terrorists" not technically being a targetable country(ies). Title: Re: Dollar is truly bottoming Post by: adog on July 29, 2014, 09:51:57 AM If dollar falls down, especially suddenly, nobody will known what is going to become with stock markets because the USA immediately will start a war)))) i agree lots of things are pointing towards a controlled collapse of the usa economy and then a false flag to start a new world war to cover up the collapse and then to consolidate power to a global govt... as people will blindly follow their govt in times of war. +1 totally and fully agree. youtube recordings are taken as a conclusive evidence and etc.? need a war.. just trying to find a hook to start a war.. and people believe blindly What are you talking about? Youtube videos as conclusive evidence of what exactly? As far as the US starting a war when/if stock markets crash, doesn't really sound reasonable to me. Especially with "terrorists" not technically being a targetable country(ies). I refer to plain crash in Ukraine. it IS reasonable - write off debts Title: Re: Dollar is truly bottoming Post by: tee-rex on July 29, 2014, 10:13:12 AM If dollar falls down, especially suddenly, nobody will known what is going to become with stock markets because the USA immediately will start a war)))) i agree lots of things are pointing towards a controlled collapse of the usa economy and then a false flag to start a new world war to cover up the collapse and then to consolidate power to a global govt... as people will blindly follow their govt in times of war. +1 totally and fully agree. youtube recordings are taken as a conclusive evidence and etc.? need a war.. just trying to find a hook to start a war.. and people believe blindly What are you talking about? Youtube videos as conclusive evidence of what exactly? As far as the US starting a war when/if stock markets crash, doesn't really sound reasonable to me. Especially with "terrorists" not technically being a targetable country(ies). I refer to plain crash in Ukraine. it IS reasonable - write off debts So because of a plane in Ukraine which has nothing to do with the U.S. (neither plane nor Ukraine) downed for unspecified causes as of yet, the U.S. government is going to unleash a war? And with whom, may I ask you? Title: Re: Dollar is truly bottoming Post by: adog on July 29, 2014, 10:25:15 AM If dollar falls down, especially suddenly, nobody will known what is going to become with stock markets because the USA immediately will start a war)))) i agree lots of things are pointing towards a controlled collapse of the usa economy and then a false flag to start a new world war to cover up the collapse and then to consolidate power to a global govt... as people will blindly follow their govt in times of war. +1 totally and fully agree. youtube recordings are taken as a conclusive evidence and etc.? need a war.. just trying to find a hook to start a war.. and people believe blindly What are you talking about? Youtube videos as conclusive evidence of what exactly? As far as the US starting a war when/if stock markets crash, doesn't really sound reasonable to me. Especially with "terrorists" not technically being a targetable country(ies). I refer to plain crash in Ukraine. it IS reasonable - write off debts So because of a plane in Ukraine which has nothing to do with the U.S. (neither plane nor Ukraine) downed for unspecified causes as of yet, the U.S. government is going to unleash a war? And with whom, may I ask you? don't you feel war in the air? read any article and you'll see. I am not going to retell you. Title: Re: Dollar is truly bottoming Post by: tee-rex on July 29, 2014, 10:36:09 AM If dollar falls down, especially suddenly, nobody will known what is going to become with stock markets because the USA immediately will start a war)))) i agree lots of things are pointing towards a controlled collapse of the usa economy and then a false flag to start a new world war to cover up the collapse and then to consolidate power to a global govt... as people will blindly follow their govt in times of war. +1 totally and fully agree. youtube recordings are taken as a conclusive evidence and etc.? need a war.. just trying to find a hook to start a war.. and people believe blindly What are you talking about? Youtube videos as conclusive evidence of what exactly? As far as the US starting a war when/if stock markets crash, doesn't really sound reasonable to me. Especially with "terrorists" not technically being a targetable country(ies). I refer to plain crash in Ukraine. it IS reasonable - write off debts So because of a plane in Ukraine which has nothing to do with the U.S. (neither plane nor Ukraine) downed for unspecified causes as of yet, the U.S. government is going to unleash a war? And with whom, may I ask you? don't you feel war in the air? read any article and you'll see. I am not going to retell you. How should the war be actually felt in the air? Personally, I feel summer in the air, maybe that's because I don't read hysterical mass-media? Besides that, you didn't tell me anything so far, and neither did you answer my question regarding whom the U.S. is going to engage in military confrontation with. Title: Re: Dollar is truly bottoming Post by: adog on July 29, 2014, 10:56:06 AM If dollar falls down, especially suddenly, nobody will known what is going to become with stock markets because the USA immediately will start a war)))) i agree lots of things are pointing towards a controlled collapse of the usa economy and then a false flag to start a new world war to cover up the collapse and then to consolidate power to a global govt... as people will blindly follow their govt in times of war. +1 totally and fully agree. youtube recordings are taken as a conclusive evidence and etc.? need a war.. just trying to find a hook to start a war.. and people believe blindly What are you talking about? Youtube videos as conclusive evidence of what exactly? As far as the US starting a war when/if stock markets crash, doesn't really sound reasonable to me. Especially with "terrorists" not technically being a targetable country(ies). I refer to plain crash in Ukraine. it IS reasonable - write off debts So because of a plane in Ukraine which has nothing to do with the U.S. (neither plane nor Ukraine) downed for unspecified causes as of yet, the U.S. government is going to unleash a war? And with whom, may I ask you? don't you feel war in the air? read any article and you'll see. I am not going to retell you. How should the war be actually felt in the air? Personally, I feel summer in the air, maybe that's because I don't read hysterical mass-media? Besides that, you didn't tell me anything so far, and neither did you answer my question regarding whom the U.S. is going to engage in military confrontation with. Russia. Are you from another planet? Title: Re: Dollar is truly bottoming Post by: tee-rex on July 29, 2014, 11:00:49 AM How should the war be actually felt in the air? Personally, I feel summer in the air, maybe that's because I don't read hysterical mass-media? Besides that, you didn't tell me anything so far, and neither did you answer my question regarding whom the U.S. is going to engage in military confrontation with. Russia. Are you from another planet? Do you really think this will help somehow solve their problems? Are you not afraid that the U.S. huge debt will be denominated in gold rubles soon after they pull the trigger (and would only get greatly increased at that)? Title: Re: Dollar is truly bottoming Post by: Brewins on July 29, 2014, 11:21:39 AM US interest rates are going to increase, so I think Dollar will value in short term.
But things doesn't look good in the long run Title: Re: Dollar is truly bottoming Post by: giveBTCpls on July 29, 2014, 12:37:40 PM I don't really believe in a dollar collapse scenareo. I think the best scenareo is for fiat to take 50% of a persons saving and Bitcoin or "gold 2.0" take 50% of the rest of the wealth. Duality is everything. There will always be a government in power pushing FIAT into people.
Title: Re: Dollar is truly bottoming Post by: tee-rex on July 29, 2014, 04:38:37 PM I don't really believe in a dollar collapse scenareo. I think the best scenareo is for fiat to take 50% of a persons saving and Bitcoin or "gold 2.0" take 50% of the rest of the wealth. Duality is everything. There will always be a government in power pushing FIAT into people. The expected dollar collapse is disadvantageous for all major financial players since it will cause disintegration of global economy with a significant fall in the standard of living throughout the world. What may sooner happen (and is actually happening right now) are currency wars, a condition where countries are competing to get a relatively low exchange rate for their own currency besides other countries' moneys (also known as competitive devaluation). Title: Re: Dollar is truly bottoming Post by: Jamacn on July 30, 2014, 03:03:49 AM This is a golden opportunity to put dollars into bitcoins, then wait dollar rebounded back to transfer back
Title: Re: Dollar is truly bottoming Post by: twiifm on July 30, 2014, 03:45:17 AM This is a golden opportunity to put dollars into bitcoins, then wait dollar rebounded back to transfer back No opposite. When dollar is cheap and bitcoin is expensive you buy dollars and sell bitcoins. Then do the reverse when dollar is expensive and bitcoin is cheap. Basic buy low sell / high theory Title: Re: Dollar is truly bottoming Post by: bittown on July 30, 2014, 06:25:06 AM I will sell when we will be close to the peak, the next should be around 3000$ / 4500$ according to the charts.
Title: Re: Dollar is truly bottoming Post by: marife01 on July 30, 2014, 06:36:52 AM Dollar was going up and down but I do not think that it will be ending in the bottom of all the currencies. That will result to lots of conflicts as it will also affect the economies of other countries, not just the US.
Title: Re: Dollar is truly bottoming Post by: Mobius on August 02, 2014, 08:41:47 PM I don't really believe in a dollar collapse scenareo. I think the best scenareo is for fiat to take 50% of a persons saving and Bitcoin or "gold 2.0" take 50% of the rest of the wealth. Duality is everything. There will always be a government in power pushing FIAT into people. The expected dollar collapse is disadvantageous for all major financial players since it will cause disintegration of global economy with a significant fall in the standard of living throughout the world. What may sooner happen (and is actually happening right now) are currency wars, a condition where countries are competing to get a relatively low exchange rate for their own currency besides other countries' moneys (also known as competitive devaluation). Title: Re: Dollar is truly bottoming Post by: verlosser89 on August 03, 2014, 05:08:08 PM when the dollar bottomed we saw some dramatic changes in many other markets.
putting equity in good use, is one way to avoid this markets... and wait till dollar comeback! :-* Title: Re: Dollar is truly bottoming Post by: tee-rex on August 03, 2014, 06:32:49 PM Dollar was going up and down but I do not think that it will be ending in the bottom of all the currencies. That will result to lots of conflicts as it will also affect the economies of other countries, not just the US. Presently dollar (I mean USDX index) is at a few years' highs, so the rumors of its early demise are greatly exaggerated. Title: Re: Dollar is truly bottoming Post by: wealthy$ on August 08, 2014, 12:15:08 PM i don't get that question you are asking.
Title: Re: Dollar is truly bottoming Post by: oceans on August 08, 2014, 03:37:56 PM I can not see the dollar hitting the bottom to be honest, it may seem that way sometimes but in all honesty if it did there would be a lot of problems. If it were hit the bottom though I really don't think there is anything that can be done about it. Preventing it before it happens is the wise decision.
Title: Re: Dollar is truly bottoming Post by: onlyu on August 08, 2014, 03:44:50 PM I can not see the dollar hitting the bottom to be honest, it may seem that way sometimes but in all honesty if it did there would be a lot of problems. If it were hit the bottom though I really don't think there is anything that can be done about it. Preventing it before it happens is the wise decision. Dollar "appears" to be bottoming for people who own property. Hard to see dollar to go "up" compare to property. Title: Re: Dollar is truly bottoming Post by: botany on August 08, 2014, 04:05:24 PM I can not see the dollar hitting the bottom to be honest, it may seem that way sometimes but in all honesty if it did there would be a lot of problems. If it were hit the bottom though I really don't think there is anything that can be done about it. Preventing it before it happens is the wise decision. Dollar "appears" to be bottoming for people who own property. Hard to see dollar to go "up" compare to property. We had plunging property prices, not so long ago. History repeats itself quite often. Title: Re: Dollar is truly bottoming Post by: troisky on August 08, 2014, 04:08:57 PM so can anyone guess a dollar collapse date
Title: Re: Dollar is truly bottoming Post by: botany on August 08, 2014, 05:00:48 PM so can anyone guess a dollar collapse date It's going to be a long drawn process, not a particular date. :) Title: Re: Dollar is truly bottoming Post by: tee-rex on August 08, 2014, 05:03:32 PM so can anyone guess a dollar collapse date It's going to be a long drawn process, not a particular date. :) But this process of dollar decline should evidently have a start date, right? Or are we already in? Title: Re: Dollar is truly bottoming Post by: realbtcdealers4real on August 08, 2014, 06:10:14 PM so can anyone guess a dollar collapse date It's going to be a long drawn process, not a particular date. :) so what is BTC price on a dead dollar scenareo? ??? Title: Re: Dollar is truly bottoming Post by: Yakamoto on August 08, 2014, 06:21:06 PM so can anyone guess a dollar collapse date It's going to be a long drawn process, not a particular date. :) so what is BTC price on a dead dollar scenareo? ??? Price BTC not USD if you're going to answer this. The price could go to $10,000,000/BTC, but It could still have the purchasing power of $600. It may go up, it may go down. It will probably go up. Title: Re: Dollar is truly bottoming Post by: botany on August 09, 2014, 02:20:17 AM so can anyone guess a dollar collapse date It's going to be a long drawn process, not a particular date. :) so what is BTC price on a dead dollar scenareo? ??? Price BTC not USD if you're going to answer this. The price could go to $10,000,000/BTC, but It could still have the purchasing power of $600. It may go up, it may go down. It will probably go up. We should probably start looking at the price of a McD burger in BTC. :D http://www.economist.com/content/big-mac-index Title: Re: Dollar is truly bottoming Post by: marife01 on August 09, 2014, 06:15:25 AM so can anyone guess a dollar collapse date I think that it is really hard to tell or predict. Title: Re: Dollar is truly bottoming Post by: tee-rex on August 09, 2014, 11:05:51 AM so can anyone guess a dollar collapse date It's going to be a long drawn process, not a particular date. :) so what is BTC price on a dead dollar scenareo? ??? This can be easily calculated (and I know for sure that this has already been done here) if we know the amount of dollars in circulation, and the number of bitcoins minted so far. As a first approximation, you can divide one number (that is dollars) by another (bitcoins) and get the virtual exchange rate. ;) Title: Re: Dollar is truly bottoming Post by: qwerty555 on August 09, 2014, 11:57:49 AM There is a widely recognized currency war to devalue relative to competitors currencies.
The Fed has a stated goal to devalue the $ 33% in 20 yrs from 2012 (inflation.. but also against other currencies to some extent to obtain/retain competitive advantage) http://www.forbes.com/sites/charleskadlec/2012/02/06/the-federal-reserves-explicit-goal-devalue-the-dollar-33/ The decline in the dollar is far from its bottom and will continue to zigzag down..( for ever most probably until they are forced to monetarily reform it) http://en.wikipedia.org/wiki/Monetary_reform and a cryptocurrency is not yet one of the wiki listed options but it surely is now! https://www.google.com.ph/search?q=race+to+devalue+%24&ie=utf-8&oe=utf-8&aq=t&rls=org.mozilla:en-US:official&client=firefox-a&channel=sb&gfe_rd=cr&ei=KQnmU7LWIajJ8gedioGYCA#channel=sb&q=race+to+devalue+%24+zero&rls=org.mozilla:en-US:official Title: Re: Dollar is truly bottoming Post by: TaunSew on August 09, 2014, 01:56:09 PM I'm hearing mainstream media mentioning inflation and losing $Fiat value more and more. It's frightening to an extent, especially when the MSM admits it.
Title: Re: Dollar is truly bottoming Post by: botany on August 09, 2014, 02:58:14 PM I'm hearing mainstream media mentioning inflation and losing $Fiat value more and more. It's frightening to an extent, especially when the MSM admits it. The mainstream media sticks to the flavour of the day. Remember the huge hullaboo about the fiscal cliff? Title: Re: Dollar is truly bottoming Post by: Yakamoto on August 09, 2014, 03:05:04 PM dollar its strong currency . no one can hit dollar . a Dollar is so worthless. Anyone can hit a dollar. Just ask the massive holders of US debt... China, Russia...include bitcoin, And PLEASE, start making sentences. I can't understand anything you're saying. I'm hearing mainstream media mentioning inflation and losing $Fiat value more and more. It's frightening to an extent, especially when the MSM admits it. It's more based on whatever everyone feels like talking about. Debt ceiling, fiscal cliff, whatever can fill up their time slots.This is probably the onset of QE4, or Quantitative Easing 4 (Or whatever the next term is). Inflation will always be there, and there's not a lot your can do about it. The best you can do is spread the word about Bitcoin, and get people to start using/accepting it as a form of payment. Title: Re: Dollar is truly bottoming Post by: tee-rex on August 09, 2014, 05:19:21 PM dollar its strong currency . no one can hit dollar . a Dollar is so worthless. Anyone can hit a dollar. Just ask the massive holders of US debt... China, Russia...include bitcoin, Just for the sake of accuracy, as of June 30, 2013, Russia with its 138.0 billion dollars in US treasuries is taking only the 11th place (following tiny Luxembourg). Compare this to China's whopping holdings (1,276.7 billions) or Japan's (1,083.3 billions). Title: Re: Dollar is truly bottoming Post by: Omikifuse on August 09, 2014, 07:26:43 PM dollar its strong currency . no one can hit dollar . a include bitcoin, Dollar hit himself day after day with inflation. And the gov too, with they year after year increase of debt ceiling and bad economic politics. All central bank coins can be destroyed by the goverment if they try hard enough, Dollar is not an exception Title: Re: Dollar is truly bottoming Post by: Ayers on August 09, 2014, 07:29:33 PM dollar is trash, toilet paper, and banks know it, they will come up with something else when bitcoin will become mainstream
Title: Re: Dollar is truly bottoming Post by: KonstantinosM on August 09, 2014, 11:13:57 PM By "bottoming" do you mean taking "it" in the butt?
I have no problem with the dollar bottoming at all. Title: Re: Dollar is truly bottoming Post by: Mobius on August 09, 2014, 11:39:00 PM I'm hearing mainstream media mentioning inflation and losing $Fiat value more and more. It's frightening to an extent, especially when the MSM admits it. Bitcoin will have inflation as well up until all the coins have been mined (when the block subsidies are 0 BTC). It is a misconception that BTC is deflationary today because additional coins are added to the total number of BTC in existence via block subsidies. Title: Re: Dollar is truly bottoming Post by: cinder on August 10, 2014, 12:06:04 AM The downtrend for dollar chart dated as far as 100 years old.
Many institutions and whole political system have to change for the trend to reverse. Title: Re: Dollar is truly bottoming Post by: aminorex on August 10, 2014, 05:09:59 AM so can anyone guess a dollar collapse date demographic cycles suggest that the greatest pressure on the dollar will be in 2024, if it still exists. I doubt it will last that long. Title: Re: Dollar is truly bottoming Post by: aminorex on August 10, 2014, 05:12:42 AM I'm hearing mainstream media mentioning inflation and losing $Fiat value more and more. It's frightening to an extent, especially when the MSM admits it. Bitcoin will have inflation as well up until all the coins have been mined (when the block subsidies are 0 BTC). It is a misconception that BTC is deflationary today because additional coins are added to the total number of BTC in existence via block subsidies. They are disappearing from the float even faster than they can be minted, however. Reserve demand is astronomical. Title: Re: Dollar is truly bottoming Post by: botany on August 10, 2014, 07:32:59 AM I'm hearing mainstream media mentioning inflation and losing $Fiat value more and more. It's frightening to an extent, especially when the MSM admits it. Bitcoin will have inflation as well up until all the coins have been mined (when the block subsidies are 0 BTC). It is a misconception that BTC is deflationary today because additional coins are added to the total number of BTC in existence via block subsidies. They are disappearing from the float even faster than they can be minted, however. Reserve demand is astronomical. In another couple of years, when the block reward is halved, there will be an imbalance. New coins minted will not be enough to satisfy the enormous reserve demand. Title: Re: Dollar is truly bottoming Post by: Mobius on August 10, 2014, 07:44:07 PM Bitcoin will have inflation as well up until all the coins have been mined (when the block subsidies are 0 BTC). It is a misconception that BTC is deflationary today because additional coins are added to the total number of BTC in existence via block subsidies. This is true and it is also very true that a whole lot of people love to spread the myth that BTC is a deflationary currency. It is clearly NOT. BTC has inflation and PLENTY of it: Right now the inflation rate of BTC is 10% annually (https://bitcointalk.org/index.php?topic=130619.0). This is much more than most fiat currencies according to "official story" numbers and it is about the same as the true inflation rate for the dollar (http://www.shadowstats.com/alternate_data/inflation-charts). One little detail regarding the inflation rate of BTC is very different from the inflation rate of the USD and other fiat currencies, though: BTC has a predicable rate of inflation. There is no central bank that can decided to do QE, QE2, QE3 and just keep on doing "QE" permanently and pretend they've stopped. The rate of BTC inflation is also set to decrease over time and BTC will have a lower rate of inflation than fiat currencies after some years few years (lower than true inflation in 2017, lower than official numbers in 2021, so not sometime "soon"). I know some will want to argue that "but BTC will become deflationary eventually so it's true that it is a deflationary currency". That's just hogwash. BTC isn't set to become deflationary until 2050 or so. Title: Re: Dollar is truly bottoming Post by: mitkos1 on August 10, 2014, 09:09:35 PM Anyone interested in dollar collapse should follow martin armstrong from armstrong economics. Check his blog. Very interesting times ahead of us, though I am not feeling very happy about it. At least you should read a few of his posts and a few of his (actualy computer's) predictions that came true in the last decades. Just a hint: dollar will not collapse (yet).
Title: Re: Dollar is truly bottoming Post by: mitkos1 on August 11, 2014, 02:51:55 PM If you are refering to my statement: it's hard to explain in a few paragraphs. For starter read this: http://armstrongeconomics.com/2014/08/05/capital-flows-domestic-v-international
But please do take your time and read previous posts. Let's say 20 or 30 of them. Martin repeats him self many times in key points so it will be easy for you to get the point. In one sentence it would be: it is all about capital flow Title: Re: Dollar is truly bottoming Post by: DhaniBoy on August 31, 2014, 10:46:53 AM If dollar is truly bottoming, I think it will have an impact on the value of bitcoin, the lower the value the lower the dollar value of bitcoin, it is directly proportional, hopefully value dollar is not truly bottoming ... :D
Title: Re: Dollar is truly bottoming Post by: xcapator on September 26, 2014, 11:23:11 PM It's hard to say how it all plays out, but my bets are on dollar dying completely. Can't try to defend the dollar by finally backing it with gold if the gold is gone. China will call America out to show that we actually still have gold.. I think it is already gone
Title: Re: Dollar is truly bottoming Post by: Fabrizio89 on September 27, 2014, 06:59:02 AM Well, months later seems like you were right. But the real game is being played in Europe right now, not much to say about the dollar itself lately, its old age and the consequences of it in a debit-centered system are already accounted for at this point. Euro was trying to find its place among big currencies, but its a failed attempt from the beginning and they finally acknowledged this.
Title: Re: Dollar is truly bottoming Post by: polynesia on September 27, 2014, 04:43:28 PM It's hard to say how it all plays out, but my bets are on dollar dying completely. Can't try to defend the dollar by finally backing it with gold if the gold is gone. China will call America out to show that we actually still have gold.. I think it is already gone Dying maybe possible in international markets. There will be some countries which will still accept dollars. There are countries who have dollarized their economy. |