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kjj
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May 27, 2011, 04:53:47 AM |
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Yawn.
These stories come out every couple of months, and have for years, and years, and years.
The dollar has some big problems, as does the US in general, but there is simply no viable alternative, and no prospects for an alternative. Also, nearly every man, woman and child on the face of the planet has a vested interest in preventing a full blown collapse.
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17Np17BSrpnHCZ2pgtiMNnhjnsWJ2TMqq8 I routinely ignore posters with paid advertising in their sigs. You should too.
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FreeMoney
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Strength in numbers
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May 27, 2011, 05:05:26 AM |
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Wow, what a bold prediction. If the value keeps going down it will lose it's value? Holy revelation batman.
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Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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kuba_10
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May 27, 2011, 05:09:13 AM |
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I bought some dollars as an investment about a month ago and from that time dollar has been going up steadily. I doubt that it will collapse in close future.
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EN<->PL, GER->EN, GER->PL TRANSLATIONS? Send a PM, will do it cheaper than others! If someone gets kind: 1CtV2wKbQGFe1sfVPDYGroGSxehNfd1bHN
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jtimon
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May 27, 2011, 09:25:28 AM |
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Some people say it will be a short period of deflation after QE2, due to credit contraction. Remember that most of the USD supply is created by commercial banks and not directly by the fed. I guess it all depends in whether there will be QE3 or not.
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liberty (OP)
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May 27, 2011, 09:19:01 PM |
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It will be a QE3, after it will continue to 4,5 ... n.
Nobody wants to deal with the boogie man -austerity measures, so they print and print and print...
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FreeMoney
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Strength in numbers
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May 27, 2011, 09:25:52 PM |
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It will be a QE3, after it will continue to 4,5 ... n.
Nobody wants to deal with the boogie man -austerity measures, so they print and print and print...
I bet it won't. I bet they call it something else so they can shout over and over how they stopped QEing and you should hate the market for the prices rising etc.
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Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
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liberty (OP)
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May 27, 2011, 09:35:36 PM |
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I bet it won't. I bet they call it something else so they can shout over and over how they stopped QEing and you should hate the market for the prices rising etc.
Whatever they call it, the end result is the same, the paper value goes to zero.
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proudhon
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May 27, 2011, 10:14:05 PM |
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I bet it won't. I bet they call it something else so they can shout over and over how they stopped QEing and you should hate the market for the prices rising etc.
Whatever they call it, the end result is the same, the paper value goes to zero. Will this make bitcoin value go to infinity?
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Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
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liberty (OP)
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May 27, 2011, 10:30:08 PM |
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[ Will this make bitcoin value go to infinity?
I see your sarcasm there, but the correct answer is that when paper value is zero, you value your BTC against other valuable goods, resources for example, or hours of work, etc.
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Dobrodav
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May 27, 2011, 11:19:08 PM |
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Paper value is not zero. Paper can be used in any buisnes ...
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cypherdoc
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May 27, 2011, 11:34:41 PM |
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Yawn.
These stories come out every couple of months, and have for years, and years, and years.
The dollar has some big problems, as does the US in general, but there is simply no viable alternative, and no prospects for an alternative. Also, nearly every man, woman and child on the face of the planet has a vested interest in preventing a full blown collapse.
ummm, what is bitcoin all about?
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liberty (OP)
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May 28, 2011, 12:36:37 AM |
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Paper value is not zero. Paper can be used in any buisnes ...
Try to use in any business some Zimbabwe dollars.
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SgtSpike
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May 28, 2011, 12:53:09 AM |
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Wow, what a bold prediction. If the value keeps going down it will lose it's value? Holy revelation batman.
I bet it won't. I bet they call it something else so they can shout over and over how they stopped QEing and you should hate the market for the prices rising etc.
Whatever they call it, the end result is the same, the paper value goes to zero. Will this make bitcoin value go to infinity? Value against USD, yep!
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Basiley
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May 28, 2011, 01:59:28 AM |
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we're heard such "news" 100 yrs ago. but nothing happen
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eturnerx
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May 28, 2011, 05:08:29 AM |
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Paper value is not zero. Paper can be used in any buisnes ...
About the only business some fiat notes are worth using for is morning business when perched on the porcelain throne.
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byronbb
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HODL OR DIE
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May 28, 2011, 07:14:05 AM |
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America owes China more than it can repay. America has land. China has lots of people.
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kjj
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Activity: 1302
Merit: 1026
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May 28, 2011, 03:18:54 PM |
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Yawn.
These stories come out every couple of months, and have for years, and years, and years.
The dollar has some big problems, as does the US in general, but there is simply no viable alternative, and no prospects for an alternative. Also, nearly every man, woman and child on the face of the planet has a vested interest in preventing a full blown collapse.
ummm, what is bitcoin all about? Maybe some day. Not today, not soon.
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17Np17BSrpnHCZ2pgtiMNnhjnsWJ2TMqq8 I routinely ignore posters with paid advertising in their sigs. You should too.
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SgtSpike
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Merit: 1005
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May 28, 2011, 05:58:46 PM |
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I'd welcome lots of inflation with open arms. With your net worth is negative, it helps.
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