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Title: So "what if", on Nov 30th... Post by: Bitmore on November 07, 2014, 12:25:50 AM The Swiss decide they don't have nearly enough gold on hand...
http://www.zerohedge.com/news/2014-10-28/things-make-you-go-hmmm-swiss-gold-status-quo-showdown https://goldswitzerland.com/swiss-gold-initiative-2014/ Title: Re: So "what if", on Nov 30th... Post by: spazzdla on November 07, 2014, 05:37:36 PM Humanity is blessed that there is still hope for us to be free.
Title: Re: So "what if", on Nov 30th... Post by: mmortal03 on November 07, 2014, 06:56:22 PM Some polling info and other tidbits: http://snbchf.com/gold/swiss-gold-referendum-latest-news/
Title: Re: So "what if", on Nov 30th... Post by: kutaka on November 07, 2014, 07:09:15 PM Not gonna happen, imo.
Title: Re: So "what if", on Nov 30th... Post by: spazzdla on November 07, 2014, 07:56:51 PM Not gonna happen, imo. Alas I agree... the propoganda machine the Central banks control is just too powerful. Title: Re: So "what if", on Nov 30th... Post by: twoface on November 07, 2014, 10:24:59 PM wishful thinking...... :'(
Title: Re: So "what if", on Nov 30th... Post by: Meuh6879 on November 07, 2014, 10:36:40 PM Swiss territory ... ?
;D what a joke ... like luxembourg joke. Only is relevent, the China territory (and Russia, in the second choice). Title: Re: So "what if", on Nov 30th... Post by: XxionxX on November 08, 2014, 12:07:53 AM Not gonna happen, imo. Alas I agree... the propoganda machine the Central banks control is just too powerful. This is why I am skeptical of the currency collapse, not because I don't believe in the central bank infinity printing, but because I think the propaganda machine is too well tuned. 98% of world citizens just assume the news is telling them the truth :-\ What can be done? ??? Title: Re: So "what if", on Nov 30th... Post by: DustyRah on November 08, 2014, 02:50:45 AM EURCHF is right above the 1.20 floor set by Swiss National Bank. Right now is great time to buy into EURCHF because the SNB will not allow it to go below 1.20. A quick look at the order books shows 90% buy on it.
Title: Re: So "what if", on Nov 30th... Post by: neurotypical on November 08, 2014, 05:30:31 PM Swiss territory ... ? ;D what a joke ... like luxembourg joke. Only is relevent, the China territory (and Russia, in the second choice). USA is still king. They can print the magic money and everyone accepts it due the dollar supremacy. Sad but true. Title: Re: So "what if", on Nov 30th... Post by: Bitmore on November 08, 2014, 05:57:19 PM Swiss territory ... ? ;D what a joke ... like luxembourg joke. Only is relevent, the China territory (and Russia, in the second choice). USA is still king. They can print the magic money and everyone accepts it due the dollar supremacy. Sad but true. The dollar is being propped up, but eventually it will have to collapse under its own weight as debts and printing to pay turns into a vicious vortex. In fact it is too late to save the dollar. We are long past saving it, and can only delay the inevitable at best. Metal backed currencies and crypto are then the only currency that will be trusted. Title: Re: So "what if", on Nov 30th... Post by: Cyberman on November 10, 2014, 02:19:51 AM crypto currency would not be the only trusted currency, but as one of the trusted currencies. denationalisation of money would be the main trend.
Title: Re: So "what if", on Nov 30th... Post by: arvis on November 11, 2014, 12:12:40 AM I guess there would be massive gold buying.
Good for bitcoins and gold. ;D Title: Re: So "what if", on Nov 30th... Post by: Malin Keshar on November 11, 2014, 12:23:15 AM Swiss is so small.
Don't think it would make much difference. Title: Re: So "what if", on Nov 30th... Post by: Bitmore on November 11, 2014, 02:46:55 AM Swiss is so small. Don't think it would make much difference. Ummm..no? Geographically, sure. Economically? They are 37th in the world. http://en.wikipedia.org/wiki/Economy_of_Switzerland Whether anything regarding the OP's article has any effect whatsoever on Bitcoin, I have no idea. But to say Switzerland is "small", other than geographically, is just wrong. I really need to stop reading this board. Some days I want Bitcoin to fail so that some of the people on this forum hang themselves. I know I can be a little optimistic sometimes. Too much so. But,... at some point an event such as this like with the Swiss, will make a huge move. Maybe not, but that is the fun of the chase. At some point in the future someone will get fantastically rich because they made a choice, not unlike buying just ONE bitcoin, that will make them rich for the rest of their lives. A 'sure thing'? Certainly not! No guts no glory. Title: Re: So "what if", on Nov 30th... Post by: TinaK on November 11, 2014, 02:47:48 AM So you think Switzerland would to buy large amounts of bitcoins because gold is not enough?
Title: Re: So "what if", on Nov 30th... Post by: Mieehayii on November 11, 2014, 06:13:10 AM So you think Switzerland would to buy large amounts of bitcoins because gold is not enough? Impossible. Do not have this fantasyTitle: Re: So "what if", on Nov 30th... Post by: Bulletin on November 11, 2014, 06:13:19 AM That would ofcorse be a great turnoround.
Title: Re: So "what if", on Nov 30th... Post by: MF Doom on November 11, 2014, 06:01:48 PM So you think Switzerland would to buy large amounts of bitcoins because gold is not enough? Impossible. Do not have this fantasyHahaha, I think you're right, governments buying bitcoins is not going to happen. They may sieze them, but def not buy them Title: Re: So "what if", on Nov 30th... Post by: aztecminer on November 12, 2014, 03:26:17 PM The Swiss decide they don't have nearly enough gold on hand... http://www.zerohedge.com/news/2014-10-28/things-make-you-go-hmmm-swiss-gold-status-quo-showdown https://goldswitzerland.com/swiss-gold-initiative-2014/ they better hope they do, or they just got ripped. Title: Re: So "what if", on Nov 30th... Post by: Capt Drake on November 12, 2014, 05:18:17 PM Thanks OP for bringing this!
I think the price of gold is going to go past ATHs and at the same time bitcoin would get a higher price because they have a higher correlation both of utility and price. |