US Dollar collapse in 2015? (2)

[Rw13enlib88]

Related news:

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http://rt.com/business/162084-dollar-collapse-monetary-system/

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Low rates will trigger unrest as central banks lose control - BIS

Bank for International Settlements warns that low rates risk backlash as effects spill over into the real economy

 Low inflation, bond yields and interest rates around the world will push the boundaries of economic and political stability to breaking point if they continue on their downward trajectory, the Bank for International Settlements has warned.

The Swiss-based "bank of central banks" said the "sinking trend" of global rates would push countries further into uncharted territory.

It highlighted that $2.4 trillion (£1.6 trillion) of long-term global sovereign debt was now trading at negative yields, with an increasing number of investors willing to pay governments for the privilege of lending to them.

"As bond markets show us day after day, the boundaries of the unthinkable are exceptionally elastic," said Claudio Borio, head of the Monetary and Economic department at the BIS.

"The consequences should be watched closely, as the repercussions are bound to be significant."


http://www.telegraph.co.uk/finance/economics/11479425/Low-rates-will-trigger-civil-unrest-as-central-banks-lose-control-BIS.html






Historically speaking, the gold silver ratio has rested somewhere between 15 and 10 to 1, reflecting the average supply of each metal. There have been times throughout the history of money where the ratio has been even lower—China had a 4 to 1 ratio at one point and the ancient Egyptians demonstrated a 1 to 1 ratio at one point.

http://www.silver-coin-investor.com/gold-silver-ratio.html


http://taxfreegold.co.uk/goldsilverratioshistoric1970onward.html

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[Stedsm]

Whatever datas might be showing, there doesn't seem to have the USD being on the verge of collapse as it is getting more and more stronger day by day, might be a trap but still, it is the start of Q2 and it seems to be the best opportunity to invest in.

[yayayo]

Whatever datas might be showing, there doesn't seem to have the USD being on the verge of collapse as it is getting more and more stronger day by day, might be a trap but still, it is the start of Q2 and it seems to be the best opportunity to invest in.

An investment that has risen a lot in the past and is valued close to its historical peak almost never represents a good investment opportunity.

The rise of the USD is based on fake data and worldwide quantitative easing plus the psychological effects of a potential collapse of Greece in the eurozone. The days of USD reserve status are counted, because a coalition of big economies (led by China and Russia) are already actively exploring alternatives. The US have lost almost all support of foreign nations because of an aggressive foreign policy. Without currency reserve status and external support the US will not be able to maintain their living standard which is largely based on debt.

I'm not sure if the USD collapse will be in 2015. I'm not sure if it will happen as a singular event or in slow progression. But I'm sure that I will become a witness of a new (financial) world order in my lifetime.

ya.ya.yo!

[Amph]

no still too early for a thing like that to happen(if it will ever happen), and i'm sure government are working on something to prevent the usd to collapse anyway

if china and japan start dumping their treasury, i might see some panic selling that could cause a collapse or a partial one, but i do not see them doing this, since it can hurt more their economy

[xingming]

No ! the US dollar will never collapse , the most used devise ever , the most popular devise ,
You can use a dollar every where in this world , a dollar is really so valuable now . And
you're talking about collapse ? think you mean Euro right  ?

- Xing Ming .

[BobK71]

There are arguments for and against an imminent financial bust.

Against: money and public debt being way over-valued and propped up is not exactly news -- it's been this way for most of the last 200 years.  There have been only two major crashes in the last century when things were so bad the casual observer could smell trouble -- the Great Depression and the 2008 crisis.  The rest of the time, the authorities always manage a hat trick.

For: while the world had a decent house-cleaning post-1931 by letting banks fail and experiencing the economic pain, there was no real cleanup post-2008.  The toxicity mainly stayed, just in a different form.  Government debt multiplied, and major investment banks are now exposed to impossible-to-understand derivatives which are too big to be bailed out by the total wealth of the world.  The crash of these derivatives might come without warning.  No central bank, including the Fed, has been able to raise interest rates from zero 7 years after the crisis -- the authorities have no soft-landing and are flying on limited fuel with no end in sight.

Either way, even if we do have an imminent crash with all the chaotic consequences, the authorities will always have one final trick up their sleeve (and this is pointed out by Rickards): re-peg major currencies to gold at a very high price of gold.  This would give the financial stability the authorities need to push all types of stimulus to get growth and inflation going.  Essentially, this would amount to a cancellation of past debt, which would clean up the toxicity, at the cost of expropriating the creditors who bought into the money and debt, and the humiliation of the authorities who have always maintained that the money and debt were valuable.

[randy8777]

it's not going to collapse in the comming 50 years as it will affact the entire world when something happens with the us dollar. they will do everything to support it.

[LiteCoinGuy]

no collapse but the world will shift slowly to other currencies.

[galbros]

The SDR pie chart actually shows more of a euro collapse than a USD one.  The US has issues but no way they hit this year, USD even up so far this year.

I do agree with BobK71 that the aftermath of the 2008 crisis has not been solved.  Shadow banking is still a big issue and the people who were in charge then are effectively still in control now, with a couple of exceptions.  But even that didn't threaten the USD.

[Q7]

Well, I have reading the same topic predicting a collapse ever since the subprime mortgage crisis in 2007 and right now,the dollar is still holding on strong and pounding euro and other currencies along the way. Whether it will crash to oblivion remains a question but I don't see it happening for now, at least for this year as the dollar index already speaks for itself.

[Ron~Popeil]

This is just doomsayer stuff as usual. There will be a day of reckoning to be sure but nothing quite so imminent. I actually think the strengthening of the dollar might bite the US though. As the dollar gains value that national debt gets heavier and heavier.

[ajareselde]

There will be no US dollar collapse in 2015 or any year in near future for that matter, and the reason is simple; all fiat currencies are the same, they all loose value eventualy,
some sooner , some later, and asides from higher power infuences, there will always be value to each fiat.
Theese doomsday stories are milked dry, for what purpuse are they made is beyond me.

cheers

[NyeFe]

2015 is too early the yuan has not been accepted as a reserve currency yet. Hopefully 2025

[ashour]

I don't  think that the US dollar will collapse in 2015, it really looks stable at the moment and will probably surpass euro within 6 months. Although it will probably collapse within a decade because the federal reserve just prints money in hope to stabilize the US dollar, and in longterm that would be terrible.

[gentlemand]

Fantasizing about dollar collapse is a nice little cottage industry for people who'd otherwise be causing trouble on street corners. It seems like a shame to deny everyone their harmless fun.

[chmod755]

Of course rt.com (linked in the OP) would like to see the collapse of the US Dollar.

I don't see it happening any time soon.

[AtheistAKASaneBrain]

Of course rt.com (linked in the OP) would like to see the collapse of the US Dollar.

I don't see it happening any time soon.

Lol russia today has been paying Max Keiser, Stacy and friends to create this feeling of impending doom. While I believe a crash in the long run is unevitable, they've been saying its "imminent" for ages now.

[SmoothCurves]

Late 2016 is when it will fall

[Natalia_AnatolioPAMM]

Late 2016 is when it will fall

before or after new elections

[GreenStox]

WTF are you talking about guys, there will be no DOLLAR "COLLAPSE"

It will not be a collapse, it will be hyperinflation, you dont seriously think that their government will default on all that debt?

They will print it away, and prices will rise madly, it will be hyperinflated!

[pedrog]

There's one thing in common between all the 'prophets of the apocalypse', besides the stuff they're selling of course, it's the fact that they are always wrong.

[BobK71]

The bigger the bubble, the longer it takes to collapse.  China's paper currency lasted centuries before the Ming Dynasty gave up and went to physical silver.  Dutch Golden Age paper money and debt lasted for almost two centuries.  The pound dominated the world for about 100 years and was able to enjoy (with US help) a controlled descent from over $4 per pound sterling to $1.5 over a hundred years.  The dollar has had a hundred years of global hegemon status.

We know that there are far more dollars and Treasuries out there than the US economy can ever redeem with goods and services, at today's prices.  At the same time, we know the dollar has been and will be propped up by US financial, political and military maneuvers.

The very nature of this game is uncertainty.  Financial fragility is always advertised as "stable", until it isn't.  When confidence changes, things change very fast.  If anyone knew for sure which way things will go, that person could make a lot of money.

Even the final stage of a bubble this big could outlast a lifetime.  Or it could collapse tomorrow due to a seemingly small event.

[johnyj]

As long as people use USD to measure value, it won't collapse. And so far people have no better alternative. A standard unit of value must come from powerful authority, just like meter, second, kilogram or IP address

[Hazir]

The bigger the bubble, the longer it takes to collapse.  China's paper currency lasted centuries before the Ming Dynasty gave up and went to physical silver.  Dutch Golden Age paper money and debt lasted for almost two centuries.  The pound dominated the world for about 100 years and was able to enjoy (with US help) a controlled descent from over $4 per pound sterling to $1.5 over a hundred years.  The dollar has had a hundred years of global hegemon status.

We know that there are far more dollars and Treasuries out there than the US economy can ever redeem with goods and services, at today's prices.  At the same time, we know the dollar has been and will be propped up by US financial, political and military maneuvers.

The very nature of this game is uncertainty.  Financial fragility is always advertised as "stable", until it isn't.  When confidence changes, things change very fast.  If anyone knew for sure which way things will go, that person could make a lot of money.

Even the final stage of a bubble this big could outlast a lifetime.  Or it could collapse tomorrow due to a seemingly small event.

Great post. It is precisely like you said. Apart from bubble in our bitcoin world. We had our bubble in 2013 and it collapsed instantaneously. Of course there is no way I can compare currency of such magnitude as Dollar is to bitcoin which is experimental cryptocurrency in its infancy stage. I just think that dollar is strong and we won't see it collapsing in our lifetime, hopefully.

[BobK71]

As long as people use USD to measure value, it won't collapse. And so far people have no better alternative. A standard unit of value must come from powerful authority, just like meter, second, kilogram or IP address

Meter and second are neutral properties where the standard-maker has no way to abuse his power.  Money is also a standard, but the issuer has the power to abuse his position.

BTW, abuse of money is thousands of years old.  Even in the days of gold and silver, Kings and Caesars would coin metal and stamp it with an inflated value compared to the value of the underlying metal.  Sometimes this "seigniorage" was huge, depending on the current fiscal or political situation.

Historically, every human-imposed monetary standard has failed to maintain the purchasing power of the standard's unit of value.  The unique thing about bitcoin is that human creation of the money is limited by the system.

[Webnet]

I don't think us dollar will collapse anytime soon. in the next few years the us dollar might be the most valuable form of physical cash

[bitbunnny]

I don't think us dollar will collapse anytime soon. in the next few years the us dollar might be the most valuable form of physical cash

What about Euro? They allways compete

[ashour]

Late 2016 is when it will fall

before or after new elections

It probably depends on who will get elected and what they are going to do to prevent the crash.

[griffinriz]

USD is more powerful than previous year, i dont think dollar will collapse soon but in the other hand EURO is collapsing hard.

[BobK71]

My theory is that the US can't allow anyone to challenge the supremacy of the dollar, or the entire US imperial edifice will come tumbling down.  And the euro was one of the most serious recent challengers.

Since the weak point of the euro is public debt in the peripheral countries, that is where the US would have launched a campaign to break investor confidence.

The euro project always suffered from the naivete, that a fiat currency doesn't need to be protected by a strong and unified state using political and military means.  Economic merit is never enough -- that is the sad truth of the real world.  (It was really a French project, pulling in Germany using the euro as a condition for French support of German reunification.  Once the Germans were in, the process carried itself.)

But the process of monetary manipulation inherently means that "success" breeds weakness and decline, over the long term.  And this is far from just an economic issue.  The polity, the institutions, the people themselves of a monetary empire always suffer decline, due to the inner workings of perverse incentives and the "enjoyment" of "free" wealth and power.

The earlier confidence collapses in the empire's money, the better for the world, including people of the empire itself, over the long term.

[farting_shot]

I'd wager btc to collapse first, way before US $.

[johnyj]

As long as people use USD to measure value, it won't collapse. And so far people have no better alternative. A standard unit of value must come from powerful authority, just like meter, second, kilogram or IP address

Meter and second are neutral properties where the standard-maker has no way to abuse his power.  Money is also a standard, but the issuer has the power to abuse his position.

BTW, abuse of money is thousands of years old.  Even in the days of gold and silver, Kings and Caesars would coin metal and stamp it with an inflated value compared to the value of the underlying metal.  Sometimes this "seigniorage" was huge, depending on the current fiscal or political situation.

Historically, every human-imposed monetary standard has failed to maintain the purchasing power of the standard's unit of value.  The unique thing about bitcoin is that human creation of the money is limited by the system.

What you said is theoretically true, but only one in a million understand this, and these a few can not enlighten the rest of the people

It is millions of ignorant and short sighted average people grant fiat money today's religious status. Trying to change the religion of fiat money is almost impossible, at least for average household

It is possible that someone who command larger power than any single sovereign government (maybe global conglomerates) decided to abandon fiat money. But when you command that large amount of power, you would like to issue your own coins and make that a new religion(Amazon coin for example). Modern money creation is about power and politics, has nothing to do with economy

[Hazir]

USD is more powerful than previous year, i dont think dollar will collapse soon but in the other hand EURO is collapsing hard.

No, not really. Euro is quite stable on the contrary, there is not much of a value fluctuation from what I could see since a long time. It is just dolar which is extremely high in comparison to euro gives you that illusion that euro is weak and it is not true.

[BobK71]

What you said is theoretically true, but only one in a million understand this, and these a few can not enlighten the rest of the people

It is millions of ignorant and short sighted average people grant fiat money today's religious status. Trying to change the religion of fiat money is almost impossible, at least for average household

Well, when we reach this level of discussion, all we have are theories, and every theory looks just about right when the huge scope of your discussion contains this much complexity and uncertainty.  If I have to err, I'd like to err on the side of giving it a try.

Plus, I'm sure the Enlightenment was started by a small minority.  Based on my discussions with pretty "ordinary" people, the problems of paper money are more widely understood than I used to think.

The traditional exercise of power always sought stability.  The very nature of the current system is inherent instability, because of the incentives for the elites to issue more assets while there is any stability left.  This is not your millennia-old power structure where bowing your head to your elders sometimes actually makes sense.

More specifically, the grinding combination of democracy and obvious inequality and instability might just be the combination that will ultimately force people to look deeper into the system.

It is possible that someone who command larger power than any single sovereign government (maybe global conglomerates) decided to abandon fiat money. But when you command that large amount of power, you would like to issue your own coins and make that a new religion(Amazon coin for example). Modern money creation is about power and politics, has nothing to do with economy

I think the ultimate power will always be the sovereign.  It is the one with guns to enforce its will.  Two to three hundred years ago, sovereigns could argue that monetary manipulation was necessary to generate the war power needed to protect themselves against the aggression of other states, or to establish a profitable empire before others could.  The world is a different (and better) place now, and I hope it will be easier for people to see that the process is pure greed.

[GreenStox]

I'd wager btc to collapse first, way before US $.

That's not true, BTC has no reason to collapse, those who already hold it, will hold it. There is only 1 way a bitcoin can go and that is up, otherwise it will stay and hover around the current price of 200-300 € for now.

[Tlee88]

Maybe Obama will bring the $ down in 2016 , or he can be re elected and from 2016 and so on it can go down . His presidency time is almost done (5 years) .

PD: I think USA is an awesome country , good luck for americans for the best things in 2016 

[johnyj]

What you said is theoretically true, but only one in a million understand this, and these a few can not enlighten the rest of the people

It is millions of ignorant and short sighted average people grant fiat money today's religious status. Trying to change the religion of fiat money is almost impossible, at least for average household

Well, when we reach this level of discussion, all we have are theories, and every theory looks just about right when the huge scope of your discussion contains this much complexity and uncertainty.  If I have to err, I'd like to err on the side of giving it a try.

Plus, I'm sure the Enlightenment was started by a small minority.  Based on my discussions with pretty "ordinary" people, the problems of paper money are more widely understood than I used to think.

The traditional exercise of power always sought stability.  The very nature of the current system is inherent instability, because of the incentives for the elites to issue more assets while there is any stability left.  This is not your millennia-old power structure where bowing your head to your elders sometimes actually makes sense.

More specifically, the grinding combination of democracy and obvious inequality and instability might just be the combination that will ultimately force people to look deeper into the system.

Even they know, they don't have a better alternative right now. And if they have a better alternative, they don't even need to know the flaws of fiat money, they will just stop using it

[tobyjaguar]

a nice reset is in order soon, backstopped by the IMF, or a never ending U-shaped recover...

[Sithara007]

a nice reset is in order soon, backstopped by the IMF, or a never ending U-shaped recover...

Ya that's going to happen very soon. And not only for US, it is going to crash most of all the countries. Just cross your finger, don't want to witness another 2007.

[BobK71]

Even they know, they don't have a better alternative right now. And if they have a better alternative, they don't even need to know the flaws of fiat money, they will just stop using it

The nature of a leveraged system like a fiat currency is that the more stable it is, the more incentives there are among the elites to leverage it and thus destabilize it.  The thing can never be truly stable.  After a century of leverage, and especially after 2008, if average people just put a small portion of their savings into a non-leveraged asset like gold or bitcoin, the dollar based system would probably be in big trouble.  The reason the Fed still can't quite raise interest rates (though it would love to) is this fragility, that can't suffer any liquidation.

I understand that views tend to be inflated on both sides of the debate.  That's why it's probably best to keep bets on both sides.

[Sithara007]

Even they know, they don't have a better alternative right now. And if they have a better alternative, they don't even need to know the flaws of fiat money, they will just stop using it

The nature of a leveraged system like a fiat currency is that the more stable it is, the more incentives there are among the elites to leverage it and thus destabilize it.  The thing can never be truly stable.  After a century of leverage, and especially after 2008, if average people just put a small portion of their savings into a non-leveraged asset like gold or bitcoin, the dollar based system would probably be in big trouble.  The reason the Fed still can't quite raise interest rates (though it would love to) is this fragility, that can't suffer any liquidation.

I understand that views tend to be inflated on both sides of the debate.  That's why it's probably best to keep bets on both sides.

But one can not be at both side when the time will come. One has to take a side and prepare herself/himself for that by investing inn the appropriate mode of investment he thinks will be best for him/her.

[BobK71]

But one can not be at both side when the time will come. One has to take a side and prepare herself/himself for that by investing inn the appropriate mode of investment he thinks will be best for him/her.

I would place most of my money on the side that is a pretty safe bet right now (ie the dollar and associated assets), and a small portion on the assets that are speculative right now but would be a huge win if they came through (ie against the dollar system.)

[BobK71]

Even they know, they don't have a better alternative right now. And if they have a better alternative, they don't even need to know the flaws of fiat money, they will just stop using it

The nature of a leveraged system like a fiat currency is that the more stable it is, the more incentives there are among the elites to leverage it and thus destabilize it.  The thing can never be truly stable.  After a century of leverage, and especially after 2008, if average people just put a small portion of their savings into a non-leveraged asset like gold or bitcoin, the dollar based system would probably be in big trouble.  The reason the Fed still can't quite raise interest rates (though it would love to) is this fragility, that can't suffer any liquidation.

I understand that views tend to be inflated on both sides of the debate.  That's why it's probably best to keep bets on both sides.

BTW, I'm not sure if you are familiar with the developing world.  In many countries, people carry two currencies in their heads and it's no problem.  There is usually the local currency for most everyday transactions, and also some reserve currency (or equivalent) that is understood to be a more stable store of value.  Every money related conversation becomes nuanced by currency, and people know the current exchange rate most of the time.

[tyz]

I just want to remember for Dollar and Euro collapse predictions for 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014 and now 2015. I am pretty sure the US-Dollar will survive some more decades. The Euro however will likely be buried till the end of this decade.

[tobyjaguar]

however low yield assets, conditioned by the FED, are pushing risk appetites...so the dollar is strong (and no one really wants that from investor to FED) and risky assets are creating yield, junk bonds, high risk-credit, etc. Not a very good investing environment. I like gold and bitcoin long term, toilet paper and liquor in the medium. 

[leopard2]

The most fucked up currencies and most likely to go down the tubes are, in this order: EUR, JPY, RUR, USD

EUR, the Esperanto of currencies 

So while USA is worse than Greece (US national debt, state and city debt make Greece look rock solid), there is no alternative because others are even more fucked up...

[Mehek]

https://bitcointalk.org/index.php?topic=1022386.100;topicseen see this topic you will really get your answer

[Sithara007]

But one can not be at both side when the time will come. One has to take a side and prepare herself/himself for that by investing inn the appropriate mode of investment he thinks will be best for him/her.

I would place most of my money on the side that is a pretty safe bet right now (ie the dollar and associated assets), and a small portion on the assets that are speculative right now but would be a huge win if they came through (ie against the dollar system.)

Yeah that will be very wise decision because Dollar is thought to be the strongest one right now. But do diversity your investment so that you will have less risk and more profit.

[GreenStox]

How many times do I have to tell it, it won't be a dollar "collapse" it will be hyperinflation!

[Sithara007]

How many times do I have to tell it, it won't be a dollar "collapse" it will be hyperinflation!

How many times, have you already told, my dear friend?

[GreenStox]

How many times do I have to tell it, it won't be a dollar "collapse" it will be hyperinflation!

How many times, have you already told, my dear friend?

Like 3 times already in this thread and many more times around the forum. Everybody prepares for a collapse, but there wont be, the banksters will never let their ponzi scheme fall, they will try to keep it on life-support as long as they can with printed money.

It will be hyperinflation, globally, not just for the USD, Zimbabwe-style.

[spazzdla]

WTF are you talking about guys, there will be no DOLLAR "COLLAPSE"

It will not be a collapse, it will be hyperinflation, you dont seriously think that their government will default on all that debt?

They will print it away, and prices will rise madly, it will be hyperinflated!

I think that is what he means.. when $100 000 000 000 buys you a coffee your currency has collapsed.

[GreenStox]

WTF are you talking about guys, there will be no DOLLAR "COLLAPSE"

It will not be a collapse, it will be hyperinflation, you dont seriously think that their government will default on all that debt?

They will print it away, and prices will rise madly, it will be hyperinflated!

I think that is what he means.. when $100 000 000 000 buys you a coffee your currency has collapsed.

Technically yes but, since all other currencies are worse shape, the dollar will always be strong, so for example the EUR/USD will sink to about a 0.01 level, and it would look though as the USD is strong.

Also the Dollar index will always go up, so the dollar will strengthen relative to the otther currencies, but what will actually happen is that the other currencies sink faster than the dollar so it would look like as the dollar is strengthening.

Yes there will be 1 day then  everyone will be a  $ billionaire, but by then you will be an € quadrilionaire and so on, however you will still only have 10 ounce of gold, even though if you are a $ billionaire.

So the tecnhical term is still hyperinflation, not dollar collapse.

[Natalia_AnatolioPAMM]

How many times do I have to tell it, it won't be a dollar "collapse" it will be hyperinflation!

so the same 

[GreenStox]

How many times do I have to tell it, it won't be a dollar "collapse" it will be hyperinflation!

so the same 

No its not because you can still make money from this "collapse" by shorting EUR/USD, long USD/JPY and so on. If it were a real collapse then everyone would lose money. Read my previous post to understand better.

[hetecon]

Hyperinflation has not happened in 2015

[GreenStox]

Hyperinflation has not happened in 2015

No but there is already a 7-8 % inflation in the USA and Europe, and the Central Banks cannot raise interest rates because they cant pay the interest on the debt then.

So because they cant raise the interests rates ever again, the inflation will just grow and then get out of control one day.

Wait 2-3 more years and then we will talk.

[vvv8]

Hyperinflation has not happened in 2015

No but there is already a 7-8 % inflation in the USA and Europe, and the Central Banks cannot raise interest rates because they cant pay the interest on the debt then.

So because they cant raise the interests rates ever again, the inflation will just grow and then get out of control one day.

Wait 2-3 more years and then we will talk.

Exactly. The thing is, when hyperinflation does hit, the general public will feel it, hence why it is called hyper-inflation. When they feel it, they will begin to understand that everyday they hold onto the Dollars, they are losing value in those dollars. People will start to panic and want to store their wealth in something more stable, this will make the hyperinflation worse.

[GreenStox]

Hyperinflation has not happened in 2015

No but there is already a 7-8 % inflation in the USA and Europe, and the Central Banks cannot raise interest rates because they cant pay the interest on the debt then.

So because they cant raise the interests rates ever again, the inflation will just grow and then get out of control one day.

Wait 2-3 more years and then we will talk.

Exactly. The thing is, when hyperinflation does hit, the general public will feel it, hence why it is called hyper-inflation. When they feel it, they will begin to understand that everyday they hold onto the Dollars, they are losing value in those dollars. People will start to panic and want to store their wealth in something more stable, this will make the hyperinflation worse.

Yea but even if they dont, hyperinflation will eventually happen. That of course unless all governments stop borrowing once and for all.

Yea but who will pay for all those wars, welfare ,pensions, subsidy and bureocracy? Not a chance, they will not cut their spending.

So hyperinflation is inevitable

[OROBTC]

...

I am late to this party, but my thinking is that the US$ will be fairly strong against almost all of the other major currencies in 2015.

NIRP (negative rates) in Europe will likely drive money here to our Treasuries.  And conditions are bad there in Europe...  I note Italy where we have friends, sea-borne migrants from Libya apparently just tossed some Christian migrants overboard.  Murder.  And there are lots of Muslims in Europe along with many other problems (based on Socialism).

Yes, the USA has its own problems and corruption, and on a near epic scale.  But, IMO the US Dollar will reign supreme for a while.

Still, that is just my opinion.  You may want to buy gold (etc.) if you do not own some.  Why not join "the other 1%" (owners of physical investment gold)?

Bitcoin is another diversification...

[Sithara007]

How many times do I have to tell it, it won't be a dollar "collapse" it will be hyperinflation!

How many times, have you already told, my dear friend?

Like 3 times already in this thread and many more times around the forum. Everybody prepares for a collapse, but there wont be, the banksters will never let their ponzi scheme fall, they will try to keep it on life-support as long as they can with printed money.

It will be hyperinflation, globally, not just for the USD, Zimbabwe-style.

You dear my friend is not seeing the reality. The whole system is operated by few very big fishes not by sbanksters. When these fishes make enough money and want something new they just press the reset button. So it's always better to prepare for such situation.

[BobK71]

How many times do I have to tell it, it won't be a dollar "collapse" it will be hyperinflation!

I guess anything is possible, but hyperinflation only happens with totally crazy policy.  E.g. with Weimar Germany's central bank in 1923.  These things don't happen much, and especially not with a tried and true global top dog like the US or Britain in its day.  Most likely, it will be a well managed, smooth, long-term decline in the value of the fiat money, as in most countries.

[neurotypical]

To collapse should start being extremely obvious (yes even more, to a leel where average joes see it too) in about 2050, by 2070 there should be a mega crash if history of fiats repeats itself.

[Rw13enlib88]

http://www.reuters.com/article/2015/05/06/us-gold-china-fix-idUSKBN0NR06J20150506

China tests yuan gold fix process amid pricing ambitions: sources

China conducted trial runs for the planned launch of a yuan-denominated gold fix last month, three sources familiar with the matter said, in a sign the world's second-biggest bullion consumer was moving closer to creating a benchmark price.

The state-run Shanghai Gold Exchange (SGE), on whose international platform the fix will be launched, conducted the trial with major Chinese banks and a few foreign banks, the sources said this week.

[manselr]

I just want to remember for Dollar and Euro collapse predictions for 2007, 2008, 2009, 2010, 2011, 2012, 2013, 2014 and now 2015. I am pretty sure the US-Dollar will survive some more decades. The Euro however will likely be buried till the end of this decade.

Most definitely. If you are under 40 and in relatively good health you will live to see the Euro go to zero. The Dollar index if you don't know is geometrically weighted to a basket of world currencies of which the euro makes up approximately 35%.  

In simple terms the /DX is going to 500.

[GreenStox]

Considering the fact WW3 wont happen, it cant with a Nuclear reactor situation in about 46 spots on Earth about to kill 90% of you whether you want it or not due to maintenace issues.

So who gives a fuck about the dollar. The world needs a stable, SAFE, method of currency that isn't a manipulated piece of bear shit so it can conduct it's daily business. Guess what, that is not the USD.

I dont think WW3 will happen, because almost all countries are ruled by the same shadow elite that controls the world. They just keep fighting eachother to pretend there are 2 sides fighting eachother, so that they can put fear into us and steal our money with taxes.

The same elite controls the entire world.

[Xialla]

I dont think WW3 will happen, because almost all countries are ruled by the same shadow elite that controls the world. They just keep fighting eachother to pretend there are 2 sides fighting eachother, so that they can put fear into us and steal our money with taxes.

The same elite controls the entire world.

time to time is cool to stop watching conspiracy videos on youtube and make you own research..

[GreenStox]

I dont think WW3 will happen, because almost all countries are ruled by the same shadow elite that controls the world. They just keep fighting eachother to pretend there are 2 sides fighting eachother, so that they can put fear into us and steal our money with taxes.

The same elite controls the entire world.

time to time is cool to stop watching conspiracy videos on youtube and make you own research..

I`ve done my research, so you think there is a Cold War II. ? Brics vs Nato? Give me a break 

Russia is importing banksters from the west, does that look like conflict to you?

Its like 2 sides of the same coin, the elites control the world, and you know it.

[mrhelpful]

if we really did a trigger on the us dollar, it hits us all.

it hits poor folks even harder, and in general that means everything come to a halt similar to 2008. I dont think they`ll let it fail, I mean technically speaking the value will always fail for what its worth, but they`ll just keep getting aid by other international countries bail out.

[manselr]

The debt can and will be repaid. The printing press will run and pay off all that debt and trillions and quadrillions more even.

The dollar will die as they do but the govt debt at least will be repaid. That you can be assured of. The value real value of the repayment is what's up for debate. My guess is it is worth zero.

[Amph]

In a true dollar collapse, it means thinks went extremely fucked up. In this case:  ammo, weapons, whiskey, toilet paper, lighters, propane, tampons, bandages, dehydrated fruit, knives, cigarettes, motor oil, butane, firewood and candles are money baby!
and then once civilization reforms itself, hopefully Bitcoin is the worldwide currency to avoid a collapse happening again.

i think many will just adopt the second strong currency which is the euro(or the one in third spot, here one of those http://top10for.com/top-10-strongest-currencies-trade-world/), it's not like they actually care about the dollar, people generally use what is used the most not what it is better

[NorrisK]

In a true dollar collapse, it means thinks went extremely fucked up. In this case:  ammo, weapons, whiskey, toilet paper, lighters, propane, tampons, bandages, dehydrated fruit, knives, cigarettes, motor oil, butane, firewood and candles are money baby!
and then once civilization reforms itself, hopefully Bitcoin is the worldwide currency to avoid a collapse happening again.

i think many will just adopt the second strong currency which is the euro(or the one in third spot, here one of those http://top10for.com/top-10-strongest-currencies-trade-world/), it's not like they actually care about the dollar, people generally use what is used the most not what it is bette

Indeed, the euro, maybe the Yen. It will be extreme when stuff like alcohol, tabaco, medicines, stuff to make fires and weapons will be the black market currency to get food.

When this happens it will be like those post apocalypse movies. Still, I don't think a fiat collapse will cause this to happen.

[Bitcoin_BOy$]

I won't say this now , and will say that you confounded US and EUR  ,
-- the us dollar is always going to the sky --- that didn't mean the price but
the exchange number you can buy anything anywhere with a dollar  .
also their not collapse in the price just small changes .

Bitcoin Boy .

[randy8777]

if we really did a trigger on the us dollar, it hits us all.

it hits poor folks even harder, and in general that means everything come to a halt similar to 2008. I dont think they`ll let it fail, I mean technically speaking the value will always fail for what its worth, but they`ll just keep getting aid by other international countries bail out.

of course they won't let the us dollar fall. they will save it no matter what. some people like to see it collapse, these people are beyond insane. it will impact us all.

[maku]

It always amaze me, why so many people want to see dollar collapse? We are not ready for that kind of scenario, and unfortunately we wont be in the near future. Some of us may not like USA but the in the modern world are set drastic drop in dollar is dungarees for everybody. The The global economy is very linked so on one end something goes wrong, the same thing will happen on the other side, just wit a little lag.

[GreenStox]

if we really did a trigger on the us dollar, it hits us all.

it hits poor folks even harder, and in general that means everything come to a halt similar to 2008. I dont think they`ll let it fail, I mean technically speaking the value will always fail for what its worth, but they`ll just keep getting aid by other international countries bail out.

of course they won't let the us dollar fall. they will save it no matter what. some people like to see it collapse, these people are beyond insane. it will impact us all.

It is actually falling, but after the EUR gets too strong the money will flow back and it will be a ping pong effect.

Central banks are the biggest ping-pong players, they bounce back the cash between their palette, but eventually all money goes to the elite.


They dont have any more weapons left: negative interest rate or QE. Thats their only weapons, and they will confiscate cash.

[Troonetpt]

I don't think US dollar will collapse in 2015. US dollor in the rising time, it will break 100 in the end of the summer.

[aso118]

I don't think US dollar will collapse in 2015. US dollor in the rising time, it will break 100 in the end of the summer.

I agree that the US dollar won't collapse in 2015. Its demise will be slow and gradual in the future.
What is the 100 you are talking about?

[Benjig]

It always amaze me, why so many people want to see dollar collapse? We are not ready for that kind of scenario, and unfortunately we wont be in the near future. Some of us may not like USA but the in the modern world are set drastic drop in dollar is dungarees for everybody. The The global economy is very linked so on one end something goes wrong, the same thing will happen on the other side, just wit a little lag.

What amazes me even more is how the entire world is now dependent of it. New World Order.. Hello! Probably that's why many people want it to collapse

[pumawolf]

feels like the elite can   pop it  or prop it up  anytime they want, i do not believe the collaspse will be an organic one. they will hit the reset button when the agendas on the list are taken care of, until then they need the gravy train  to keep building whatever that got in stored for us muggles.

[Amph]

It always amaze me, why so many people want to see dollar collapse? We are not ready for that kind of scenario, and unfortunately we wont be in the near future. Some of us may not like USA but the in the modern world are set drastic drop in dollar is dungarees for everybody. The The global economy is very linked so on one end something goes wrong, the same thing will happen on the other side, just wit a little lag.

those are the one that think that if the dollars collapse bitcoin will skyrocket, well i don't want to destroy their dreams, but it does not work in this way

dollar collapsing will not increase bitcoin price, will only make another fiat stronger and bitcoin will still be enslaved to that fiat

[Pab]

US dollar is USA national currency,USA will rather not collapse
By my opinion it is much more about modern economy system than only about US dollar
Now currency is not dollar or euro,currency is debt,massive printing in USA now huge printing in Europe
in real economy world it has to cause inflation

Now Europe is printing becouse likke Draghi is saying there is deflation,USA is saying thay has stop to print

Last economy date are showing that USA economy do not growth,however thhere is not huge inflation yet

Some economist see that inflation already arriived to USA,so what now,rise rates not good becouse no growth and what will be if will be inflation,answer rise rate,in europe,no economic growth

So finally tell me how really is,weare not living in real economu we are living in virtual economy,maybe that is that famous NWO

There is one thing,ordinary people pay for that,in some moment it can be enough,there isalready enough

I only hope that crash collapse will be not cured by creating next wars

[mrhelpful]

Wouldnt they keep on getting aid by other foreign central banks?

Since its based on the same system in general, only since because they too are heavily invested by the dollar they wouldnt want it to collapse. And true capitalism does let it collapse, so this system we have no is more of a socialist one then anything else.

[azguard]

I don't think US dollar will collapse in 2015. US dollor in the rising time, it will break 100 in the end of the summer.

I agree that the US dollar won't collapse in 2015. Its demise will be slow and gradual in the future.
What is the 100 you are talking about?

No this is stable value this year euro and swiss frank are off.
So i wont expect for dollar to collapse not this year.

[GreenStox]

I don't think US dollar will collapse in 2015. US dollor in the rising time, it will break 100 in the end of the summer.

I agree that the US dollar won't collapse in 2015. Its demise will be slow and gradual in the future.
What is the 100 you are talking about?

No this is stable value this year euro and swiss frank are off.
So i wont expect for dollar to collapse not this year.

There will be calamities in the market in Q3 this year. Will the USD collapse, i dont think so, but it is possible.

The global bond market is on an edge now, and the bond market is the only leg that this stool called the USD has, once the saw comes and cuts this leg too, the USD will collapse.

But until the printing press is rolling, and bonds are bought by CBs, not a chance.

[mrhelpful]

The only way I see it really did collapse, is if the foreign reserves go with china.

We seem to always stay strong, since most of the other foreign investors have their own reserves in us dollars. But, not that long ago, china bought a lot of metals and gold. Biggest export, they become more and more ready to literally say screw u.s dollars.

The age of chinas potential as a world reserve currency is tilting I feel.

http://www.zerohedge.com/news/2013-10-18/9-signs-china-making-move-against-us-dollar

[Sourgummies]

2 more years at earliest,dominoes still not all in a row. Just got off phone with Ted Turner and he said he would send jet for me when it all goes sour.

What currency are people going to run to when the globe goes topside? If there is nothing else set up to run the show,then we got business as usual till then.

[GreenStox]

The only way I see it really did collapse, is if the foreign reserves go with china.

We seem to always stay strong, since most of the other foreign investors have their own reserves in us dollars. But, not that long ago, china bought a lot of metals and gold. Biggest export, they become more and more ready to literally say screw u.s dollars.

The age of chinas potential as a world reserve currency is tilting I feel.

http://www.zerohedge.com/news/2013-10-18/9-signs-china-making-move-against-us-dollar

Yea but that Moscow - Bejing partnership deal will take a few more years to develop, even if they finish the CIPS (pronounced chips, the alternative to the globalist-masonic SWIFT system)

Plus the tapering of US bonds of China cant be done too quickly because China still profits massively from US imports.


So the only way US will collapse if China will find new export partners to collaborate with. I already see China - EU deals too, but it will take some time.

For the moment both US and China need eachother.

[techgeek]

Yeah, I def see China and USA still needing each other despite what the person above me posted.

I`m sure its going to take more time, and I noticed that article posted is 2013.

2 years later, it seems we still do business with china lol. Zerohedge is a good site though.

[GreenStox]

Yeah, I def see China and USA still needing each other despite what the person above me posted.

I`m sure its going to take more time, and I noticed that article posted is 2013.

2 years later, it seems we still do business with china lol. Zerohedge is a good site though.

Zerohedge is a bit sensationalist, but i cant blame them, all alternative media is like that, which is good, there has to be a better way to wake up the sheeple, because the wolf is coming.

But as the next crisis happens, i think China will unload its balance sheet, there is no way China will stay through the next crisis, as they can buy up any land later on when the prices crash. No need for bailouts anymore.

[azguard]

I don't think US dollar will collapse in 2015. US dollor in the rising time, it will break 100 in the end of the summer.

I agree that the US dollar won't collapse in 2015. Its demise will be slow and gradual in the future.
What is the 100 you are talking about?

No this is stable value this year euro and swiss frank are off.
So i wont expect for dollar to collapse not this year.

There will be calamities in the market in Q3 this year. Will the USD collapse, i dont think so, but it is possible.

The global bond market is on an edge now, and the bond market is the only leg that this stool called the USD has, once the saw comes and cuts this leg too, the USD will collapse.

But until the printing press is rolling, and bonds are bought by CBs, not a chance.

ou think that this is cuz some bank is US are pronounced guilty on raisin there interest.
Think that this will cause dollar to fall?

Or you think that this will happen.
Hope it wont cuz seem like its only stable from all others.

[AtheistAKASaneBrain]

I like ZH, it's like Infowars but without all the super insane rants of Alex Jones, which are good within itself for comedic value but detracts from the information which sometimes is good.

[GreenStox]

I don't think US dollar will collapse in 2015. US dollor in the rising time, it will break 100 in the end of the summer.

I agree that the US dollar won't collapse in 2015. Its demise will be slow and gradual in the future.
What is the 100 you are talking about?

No this is stable value this year euro and swiss frank are off.
So i wont expect for dollar to collapse not this year.

There will be calamities in the market in Q3 this year. Will the USD collapse, i dont think so, but it is possible.

The global bond market is on an edge now, and the bond market is the only leg that this stool called the USD has, once the saw comes and cuts this leg too, the USD will collapse.

But until the printing press is rolling, and bonds are bought by CBs, not a chance.

ou think that this is cuz some bank is US are pronounced guilty on raisin there interest.
Think that this will cause dollar to fall?

Or you think that this will happen.
Hope it wont cuz seem like its only stable from all others.

They wont and cant raise interest rates. Because the banks have too much leverage, and also the government has also too much debt.

It has been calculated that with a 5% interest rate the US will go bankrupt instantly. So no chance they raise interest rates.

[victoryboy]

US dollar will collapse but not so quickly and as easily as we think.I think the reason will be Bitcoin and other crypto currencies in next few years.

[GreenStox]

US dollar will collapse but not so quickly and as easily as we think.I think the reason will be Bitcoin and other crypto currencies in next few years.

I disagree, i dont think bitcoin will collapse the dollar, we give far too much credit for bitcoin.

The USD has been on decline now for over 30 years, and its a much bigger macro-economic problem:  global debt.

The bondage that CB around the world, under the leadership of the BIS, IMF and World Bank, has cast upon us. It's a curse. 

[boopy265420]

US Dollar is very strong although its value goes up/down but there is a socio-economic agreement among nations to keep at least one currency active for international trades.US Dollar will not collapse totally but in future there will be more than one currencies to be dealt with in international market.US Dollar can not collapse so easy as people say there is a long way to reach till here.US Dollar will not collapse in 2015 not even in 2016.

[GreenStox]

US Dollar is very strong although its value goes up/down but there is a socio-economic agreement among nations to keep at least one currency active for international trades.US Dollar will not collapse totally but in future there will be more than one currencies to be dealt with in international market.US Dollar can not collapse so easy as people say there is a long way to reach till here.US Dollar will not collapse in 2015 not even in 2016.

The US dollar will collapse when the US bond market will collapse, they are tied together very strongly.

And the bond markets globally are now way overvalued. The 30 year bull market has to have a correction at some point, and unfortunately that correction will be a collapse.

In 1-2 years we will see that, that is certain.

[GreenStox]

US Dollar is very strong although its value goes up/down but there is a socio-economic agreement among nations to keep at least one currency active for international trades.US Dollar will not collapse totally but in future there will be more than one currencies to be dealt with in international market.US Dollar can not collapse so easy as people say there is a long way to reach till here.US Dollar will not collapse in 2015 not even in 2016.

The US dollar will collapse when the US bond market will collapse, they are tied together very strongly.

And the bond markets globally are now way overvalued. The 30 year bull market has to have a correction at some point, and unfortunately that correction will be a collapse.

In 1-2 years we will see that, that is certain.

What do you count as a collapse because there is no way we will see it go to a value like the deutschmark did in world war II, if you mean a 50% buying power drop then under extreme circumstances maybe but a full collapse of the USD is in no way 1-2 years out.

Exactly, we already see the purchasing power go down, it's just that it's obfuscated by the popularity of credit cards.

Everyone uses credit cards now, so the velocity of transaction is fast, giving the impression that inflation is tamed, when in fact it's not.

Bank savings drop every single year, the interest rate too, businesses go bankrupt at a record high, and the only thing that grows is inflation.


Now i dont know how much longer can the traders be fooled that the USD is strong, since it's so embedded in the global economy (petrodollar and commodity)

But sooner or later, it will have a 90* drop, after, atleast China develops a similar financial infrastructure, see CIPS
http://www.reuters.com/article/2015/03/09/us-china-yuan-payments-exclusive-idUSKBN0M50BV20150309

[Rw13enlib88]

GREECE


SPAIN


GERMANY


US

[GreenStox]

US Dollar is very strong although its value goes up/down but there is a socio-economic agreement among nations to keep at least one currency active for international trades.US Dollar will not collapse totally but in future there will be more than one currencies to be dealt with in international market.US Dollar can not collapse so easy as people say there is a long way to reach till here.US Dollar will not collapse in 2015 not even in 2016.

The US dollar will collapse when the US bond market will collapse, they are tied together very strongly.

And the bond markets globally are now way overvalued. The 30 year bull market has to have a correction at some point, and unfortunately that correction will be a collapse.

In 1-2 years we will see that, that is certain.

What do you count as a collapse because there is no way we will see it go to a value like the deutschmark did in world war II, if you mean a 50% buying power drop then under extreme circumstances maybe but a full collapse of the USD is in no way 1-2 years out.

Exactly, we already see the purchasing power go down, it's just that it's obfuscated by the popularity of credit cards.

Everyone uses credit cards now, so the velocity of transaction is fast, giving the impression that inflation is tamed, when in fact it's not.

Bank savings drop every single year, the interest rate too, businesses go bankrupt at a record high, and the only thing that grows is inflation.


Now i dont know how much longer can the traders be fooled that the USD is strong, since it's so embedded in the global economy (petrodollar and commodity)

But sooner or later, it will have a 90* drop, after, atleast China develops a similar financial infrastructure, see CIPS
http://www.reuters.com/article/2015/03/09/us-china-yuan-payments-exclusive-idUSKBN0M50BV20150309

The purchasing power drops due to inflation but for the last year it has been up and China is having an economic crisis right now and is trying to keep their production and labor economy up. I don't think there is much to worry about.

Yes the BRICS have problems too, i dont deny that, but whatever problem China has, the Western World has 1000x worse.

The ponzi scheme is global.

[PICTURES]

Yep, thats why the European Central Bank counterfeits 1.6 trillion euros to pump those toxic bond markets up. If they collapse, we can say bye-bye to the EUR, thus eventually to the petro-dollar too.

The FED will soon start QE4 aswell, the ECB can't counterfeit all by itself, it's too hard burden for Europe.

Show an UK and Italy and France bond pictures too, i`m curious about them

[solid12345]

Yes the BRICS have problems too, i dont deny that, but whatever problem China has, the Western World has 1000x worse.

The ponzi scheme is glo

I'm not an economics expert but from a layman perspective what intrigues me is how countries like China and India are buying up Gold and Silver while the West is doing all it can to FUD precious metals. Hell I am not even sure there is any gold left in Ft. Knox. If STHF they at least have something to fall back on. There is something to be said about ancient civilizations knowing what to rely upon through centuries of wars and economic crisis.

[azguard]

NO one is expert in economic.
Someone is buying gold/silver other change to something else.

Considering swiss frank was collapsed few month ago i dont see why something similar wont happen again.
But with dollar i dont think so most stable value so far.

[aso118]

Considering swiss frank was collapsed few month ago i dont see why something similar wont happen again.
But with dollar i dont think so most stable value so far.

Swiss Frank didn't collapse. 
It appreciated like crazy after its artificial peg to the Euro was removed.

[BIT-Sharon]

The establishment of ADIB would increase the currency market distribution of RMB, which may effect the position of US dollars, however, the economic sanction of  US to others countries like Russia led to an increasing exchange rate of US Dollars. All seems to maintain a balance. It could not bethe collapse year for US Dollar in 2015, even now the encryption currency had the same position with fiats.

[Possum577]

What's the point and meaning to the SDR pie charts? What's the alternative SDR pie chart referring to? A bit more explanation may help the discussion for those who aren't immediately in tune with the detailed facts. Thanks.

[azguard]

Considering swiss frank was collapsed few month ago i dont see why something similar wont happen again.
But with dollar i dont think so most stable value so far.

Swiss Frank didn't collapse. 
It appreciated like crazy after its artificial peg to the Euro was removed.

I know i take this as example for people who bought apartment/house in my country with frank and now they have to pay huge amount of interest and other stuff.

[Agestorzrxx]

I don't think US dollar will collapse. Euro is the one may collapse. In the past several month, the Euro rate to us dollar drop very fast.

[Amph]

I don't think US dollar will collapse. Euro is the one may collapse. In the past several month, the Euro rate to us dollar drop very fast.

in the end none will collapse, i don't remember any collapsed fiat in the past, and there was a bigger crisis than this(wall street crisis if someone remember)

[ragi]

I always see this argument how traditional money will collapse and bitcoin will save the day. I don't really see this happening soon, if ever...

[AtheistAKASaneBrain]

I don't think US dollar will collapse. Euro is the one may collapse. In the past several month, the Euro rate to us dollar drop very fast.

in the end none will collapse, i don't remember any collapsed fiat in the past, and there was a bigger crisis than this(wall street crisis if someone remember)

You don't remember because it happens about every 70+ years.

But for now no dollar collaspse. The US stock indices aren't even down to where they were three couple ago. At the beginning of April the Dow was at around 17,700 and the NASDAQ was at 4,317.

[azguard]

I don't think US dollar will collapse. Euro is the one may collapse. In the past several month, the Euro rate to us dollar drop very fast.

in the end none will collapse, i don't remember any collapsed fiat in the past, and there was a bigger crisis than this(wall street crisis if someone remember)

euro wont collapse it will be shut down more and more countries are trying to go back to there own currency's but it gonna be hard battle.
read some article that Germany want back mark as passing so euro is first one to go down.

[Amph]

I don't think US dollar will collapse. Euro is the one may collapse. In the past several month, the Euro rate to us dollar drop very fast.

in the end none will collapse, i don't remember any collapsed fiat in the past, and there was a bigger crisis than this(wall street crisis if someone remember)

You don't remember because it happens about every 70+ years.

But for now no dollar collaspse. The US stock indices aren't even down to where they were three couple ago. At the beginning of April the Dow was at around 17,700 and the NASDAQ was at 4,317.

you are right there was some collapse, around 1932, but those fiat weren't big fiat on the first place, so i should rephrase my comment, to something like, it never happened that a big fiat currrency like usd or euro was ever crashed in the past?

[deisik]

I don't think US dollar will collapse. Euro is the one may collapse. In the past several month, the Euro rate to us dollar drop very fast.

in the end none will collapse, i don't remember any collapsed fiat in the past, and there was a bigger crisis than this(wall street crisis if someone remember)

You don't remember because it happens about every 70+ years.

But for now no dollar collaspse. The US stock indices aren't even down to where they were three couple ago. At the beginning of April the Dow was at around 17,700 and the NASDAQ was at 4,317.

you are right there was some collapse, around 1932, but those fiat weren't big fiat on the first place, so i should rephrase my comment, to something like, it never happened that a big fiat currrency like usd or euro was ever crashed in the past?

If you're talking about the years of Great Depression, the US dollar only increased in value back then, i.e. appreciated (goods became cheaper overall). It is a far cry from what this topic is about...

[hasmukhrawal]

waiting for when the price will increase .

[^_^`]

Nope,

USD is getting more powerful with everyday.

[alch1mista]

Nope,

USD is getting more powerful with everyday.

That's what i think as well. In 2009 when bitcoin was born, it was something on the horizon. But now it doesn't seem it's going anywhere but up.

[sankara87]

Not will collapse, but the US empire will soon fall, is the nature of every empire.

[manselr]

I don't think US dollar will collapse. Euro is the one may collapse. In the past several month, the Euro rate to us dollar drop very fast.

in the end none will collapse, i don't remember any collapsed fiat in the past, and there was a bigger crisis than this(wall street crisis if someone remember)

You don't remember because it happens about every 70+ years.

But for now no dollar collaspse. The US stock indices aren't even down to where they were three couple ago. At the beginning of April the Dow was at around 17,700 and the NASDAQ was at 4,317.

you are right there was some collapse, around 1932, but those fiat weren't big fiat on the first place, so i should rephrase my comment, to something like, it never happened that a big fiat currrency like usd or euro was ever crashed in the past?

Currencies have crashed in the past, they just came around fixing it. The problem is now we are on a dead end where global debt is too much to simply keep on going indefinitely.
Currencies of earth leading empires like the roman empire have collapse. Everything could happen. It will be a controlled collapse if anything.

[deisik]

I don't think US dollar will collapse. Euro is the one may collapse. In the past several month, the Euro rate to us dollar drop very fast.

in the end none will collapse, i don't remember any collapsed fiat in the past, and there was a bigger crisis than this(wall street crisis if someone remember)

You don't remember because it happens about every 70+ years.

But for now no dollar collaspse. The US stock indices aren't even down to where they were three couple ago. At the beginning of April the Dow was at around 17,700 and the NASDAQ was at 4,317.

you are right there was some collapse, around 1932, but those fiat weren't big fiat on the first place, so i should rephrase my comment, to something like, it never happened that a big fiat currrency like usd or euro was ever crashed in the past?

Currencies have crashed in the past, they just came around fixing it. The problem is now we are on a dead end where global debt is too much to simply keep on going indefinitely.
Currencies of earth leading empires like the roman empire have collapse. Everything could happen. It will be a controlled collapse if anything.

Collapse cannot be controlled or otherwise it is not a collapse. But you can instigate it as well as stay away from it...

[mrhelpful]

The fiat form isnt the greatest, theres that whole concept of the intrinsic value of fiat will always be back to zero.

This is pretty much said by voltaire. And what we see is between piled up mistakes that never even bothered to begin with.

Similar to giving a kid a credit card without the education and no supervision.

[Febo]

Nope,

USD is getting more powerful with everyday.

That's what i think as well. In 2009 when bitcoin was born, it was something on the horizon. But now it doesn't seem it's going anywhere but up.

I agree USD is bursting of life. But how long will that last? Next economic crisis that will start in few years will tell us that.

[techgeek]

Nope,

USD is getting more powerful with everyday.

That's what i think as well. In 2009 when bitcoin was born, it was something on the horizon. But now it doesn't seem it's going anywhere but up.

I agree USD is bursting of life. But how long will that last? Next economic crisis that will start in few years will tell us that.

2008 was the huge econmic collapse, it takes like 6 years to recover and probably longer.

But, they seem to do these collapse when they feel the banks arent making enough. theres a bunch of articles, on zerohedge.

[Rw13enlib88]

Greek Banks On Verge Of Total Collapse: Bank Run Surges "Massively" As Depositors Yank €700 Million Today Alone

While the Greek government believes it may have won the battle, if not the war with Europe, the reality is that every additional day in which Athens does not have a funding backstop, be it the ECB (or the BRIC bank), is a day which brings the local banking system to total collapse.

As a reminder, Greek banks already depends on the ECB for some €80.7 billion in Emergency Liquidity Assistance which was about 60% of total deposits in the Greek financial system as of April 30. In other words, they are woefully insolvent and only the day to day generosity of the ECB prevents a roughly 40% forced "bail in" deposit haircut a la Cyprus.

http://www.zerohedge.com/news/2015-06-05/greek-banks-verge-total-collapse-bank-run-surges-massively-depositors-yank-%E2%82%AC700-mill

[deisik]

Greek Banks On Verge Of Total Collapse: Bank Run Surges "Massively" As Depositors Yank €700 Million Today Alone

While the Greek government believes it may have won the battle, if not the war with Europe, the reality is that every additional day in which Athens does not have a funding backstop, be it the ECB (or the BRIC bank), is a day which brings the local banking system to total collapse.

As a reminder, Greek banks already depends on the ECB for some €80.7 billion in Emergency Liquidity Assistance which was about 60% of total deposits in the Greek financial system as of April 30. In other words, they are woefully insolvent and only the day to day generosity of the ECB prevents a roughly 40% forced "bail in" deposit haircut a la Cyprus.

But the question is whether we should expect a surge in the number of new users of Bitcoin? Last time the Cyprus deposit expropriation coincided or correlated (yeah, I know) with the Bitcoin price skyrocketing to 1,000$ and above...

[OROBTC]

...

My guess (FWIW, very little) is that the US$ will do just fine for the short to medium term.  Up vs. the Euro and the Yen.

My next guess is that something big & bad will happen in Europe, quite possibly a Grexit, that not only pushes the Euro down but will likely create another financial crisis, at least as bad as 2007 - 2009.

If this causes France to fall hard, then Germany will soon thereafter.  Then the tsunami arrives to US shores, maybe as quickly as 48 hours.  We have comparable levels of debt, and our banks are closely tied to Europe's banks.

That is when everyone will appreciate having at least some gold and/or silver.

Watch the financial markets and news closely.

[ThEmporium]

it's not going to collapse in the comming 50 years as it will affact the entire world when something happens with the us dollar. they will do everything to support it.

It will not affect the entire world, it will affect only U.S and it's staunch allies who relies on USD, there will be no effect on Euros. it is fact that entire gulf countries will go collapse except KSA (If they do not involve in wars). Here the main beneficiary will be Russia, if at all strong failure of USD. However it need more calculation and deep natural catastrophic should take place is U.S for sudden drastic US Dollar collapse. May God Forbid   

[GreenStox]

Well look, everything depends on the IMF and how they handle the thing, i think the ECB and the FED has done enough to keep the avalanche out, but really the leverage is not getting too big, only the IMF can now absorb the debts....

If the collapse happens this year, then you will see clues, by the increasing printing of SDR's

[Bitdonator]

no collapse for USD, but the world will shift slowly to other kind of money.

[azguard]

no collapse for USD, but the world will shift slowly to other kind of money.

yes we seen this happening already slowly. Btc someone calls internet money, someone new currency for the world, personally both are fine. Hope to see in more adopting in future.

[muhrohmat]

well the dollar its not to collapse but to porgrssivly go lower or higher.the termination of a currency it requires even more terrorism into the usa economy that now exists soo the people that are consern about usa sure cars about terrorism in economy and will make it porsper more the dollar and even grow of cours im using euro and wish a bit more power to euro but not gonna happen the power of dollar will rise even more doing to elections and the presidency that comes its not i hope collapitical obama was not even bush was more

[mrhelpful]

the monetary system has been around for a super long time.

We always have some type of financial boom, but seem to increase on getting aid from foreign nations, so its not going to be anything new then goes back to the same problem with more fiat money lol.

Its not anytime soon, so dont hold your breathe.

[techgeek]

no collapse for USD, but the world will shift slowly to other kind of money.

other kind of money, like gold? 

i feel like bitcoin can delete western union though if its purpose was only for money transmitting.

[BIT-Sharon]

Maybe we should pay more attention to RMB Yuan, for I think its future is bright. However, US Dollars won't collasp at all.

[funkenstein]

Scenario 4

[azguard]

Maybe we should pay more attention to RMB Yuan, for I think its future is bright. However, US Dollars won't collasp at all.

you can pay attention on any money was it GBP or EURO or AUD or CAD or something else if you think you can make something with that ok but it same here with crypto you invest in some alt and if it pops up you good.

[BillyBobZorton]

Well look, everything depends on the IMF and how they handle the thing, i think the ECB and the FED has done enough to keep the avalanche out, but really the leverage is not getting too big, only the IMF can now absorb the debts....

If the collapse happens this year, then you will see clues, by the increasing printing of SDR's

The banks are in good shape now because they've received trillions in QE and they know that their bad decisions will always be rewarded by our political elites.

[Rw13enlib88]

Scenario 4

lol
to the moon!

[GreenStox]

no collapse for USD, but the world will shift slowly to other kind of money.

yes we seen this happening already slowly. Btc someone calls internet money, someone new currency for the world, personally both are fine. Hope to see in more adopting in future.

You will but you need heavy promotion, 90% of the population still dont have a vague clue about what bitcoin is.

If i ask a man on the street he will shrug his shoulders.

The other 9% are just hardcore skeptics.

[azguard]

no collapse for USD, but the world will shift slowly to other kind of money.

yes we seen this happening already slowly. Btc someone calls internet money, someone new currency for the world, personally both are fine. Hope to see in more adopting in future.

You will but you need heavy promotion, 90% of the population still dont have a vague clue about what bitcoin is.

If i ask a man on the street he will shrug his shoulders.

The other 9% are just hardcore skeptics.

you right on most of the point but in my country almost all neighbor know about bitcoin they hear about and some read also there are some that try to make it without mining.

[bitnanigans]

USD is pretty much relevant everywhere in the world. I doubt it's going to collapse any time soon.

[AtheistAKASaneBrain]

USD is pretty much relevant everywhere in the world. I doubt it's going to collapse any time soon.

It may not collapse in terms of network effect, but internally, technically it's headed to collapse due unpayable debts of every single American country, same goes for the Euro. These guys are really smart and they might as well be able to stretch their tricks endlessly and keep the currencies alive for longer than our lifetimes tho.

[funkenstein]

USD is pretty much relevant everywhere in the world. I doubt it's going to collapse any time soon.

We will win at Waterloo

[GreenStox]

Maybe we should pay more attention to RMB Yuan, for I think its future is bright. However, US Dollars won't collasp at all.

Well for that China has to find other exporters, because now it exports to the USA, if they cannot import anymore then China will go under too.

China already signs big export deals with africa and south-e asia, and also Europe.

So perhaps they are preparing for something.

[n2004al]

A very big main post, to many words on it, to many references there and a very conviction that this event will really happen. We are at October 2015 and nothing like that is happened. For more the signs talk for the contrary. In the last two-tree months us dollar is increased about 25 % in value. To close my thoughts and to not write more about this question because I had written before in other thread about that the us dollar, according to me, will never crash. So every prediction, source, analyse, or whatever could be that which will told this thing will be always in wrong.

[operrajunk74]

I don't think that Dollar will be collapse in 2015 or in future days. The dollar has increased in value compared to all major currencies since he President Barack Obama took office. IF the dollar collapse then there will be a world wide financial down turn like the world has never seen as the dollar holds a eighty some odd percent of all currency traded in the world. But I don't think that dollar will be collapse.

[BitMaxz]

I think it never collapse our primary money because dollars is our primary money... maybe on 2090

[azguard]

I don't think that Dollar will be collapse in 2015 or in future days. The dollar has increased in value compared to all major currencies since he President Barack Obama took office. IF the dollar collapse then there will be a world wide financial down turn like the world has never seen as the dollar holds a eighty some odd percent of all currency traded in the world. But I don't think that dollar will be collapse.

second
dollar is not gonna collapse any time, primary value on markets always first then other currencies

[Rw13enlib88]

International Monetary Fund staff are set to give the all-clear for China's yuan to be included in the lender's benchmark currency basket, laying the groundwork for a favorable decision by policymakers, people familiar with the discussions said on Sunday.

The IMF's executive board is scheduled to decide in November on putting the yuan on a par with the dollar, yen, euro and pound sterling and a key factor will be its performance against a checklist of technical criteria, as assessed by IMF staff.

Three people briefed on the IMF discussions, who asked not to be named because of the sensitivity of the issue, said a draft report from staff reached a favorable conclusion on including the yuan, also known as the renminbi (RMB).

http://www.cnbc.com/2015/10/25/imf-set-to-give-green-light-on-yuan-joining-currency-basket-sources.html

[danel]

^This is what the media wouldn't tell you. Since the beginning of the year Russia and China has been dumping their US treasury holdings and filling their Vaults with massive Gold purchases. The more they dump, the closer they are getting to an economic recession and eventually collapse.

[azguard]

^This is what the media wouldn't tell you. Since the beginning of the year Russia and China has been dumping their US treasury holdings and filling their Vaults with massive Gold purchases. The more they dump, the closer they are getting to an economic recession and eventually collapse.

read something about online but price of gold would come to bigger change but its stable
any proof or article about this to share this

[jt byte]

I don't think that dollar will collapse because it's the first most popular currency in the world.
I think that every year the value of 1 USD is deducted by 0.2%.
Which means that whatever you bought today with 1$ after few years you have to pay more for that.

[DiamondCardz]

I think that every year the value of 1 USD is deducted by 0.2%.

That's not quite how inflation or currency exchange rates work. I don't know where you got that figure from, but it's neither very effective nor useful in proving a point.

[neurotypical]

I don't think that dollar will collapse because it's the first most popular currency in the world.
I think that every year the value of 1 USD is deducted by 0.2%.
Which means that whatever you bought today with 1$ after few years you have to pay more for that.

Not in 2015, but it WILL collapse. The trends are set in stone now, there's no way this train cannot be saved from crashing against a huge wall of debt. The debt grows, while purchasing power of the individual shrinks. This is textbook recipe for an inevitable disaster. I hope that people has been stacking up their Bitcoin and metals game. Anything else just isn't safe.

[DiamondCardz]

The debt grows, while purchasing power of the individual shrinks.

Sorry, but it's statements like these that really make me stop and think about how far-fetched crypto-anarchists can get. This is basic economics. Inflation (or, as you put it, shrinking purchasing power) reduces the real value of debts. Your two statements actually cancel each other out more than being wholly bad.

The US dollar isn't going to collapse. Get real, come on. Even if the US goes bankrupt, we will find a way, the world will not die and be consumed by fire.

When you people point to increasing debt, you ignore the great recession that happened just 7 years ago. Think this just vanishes?

[bitcoinvest]

first of all us dollar has collapsed a long time ago...about some years.
and together with this all the other currencies....see euro and the fight the have to keep alive and play the game...

but the point is not when the Dollar of US or Canada or and other dollar or EUR will go down.....

the point is that the people understand that world change very fast we are not in 1900 we live in 2015.....go back your memory when bitcoin started ...
who believed you when you told him that bitcoin will go so up that people will get paid for work in bitcoin? who believed you when you told him that this virtual currency will have real value out there ? .... you know the answer.

and what about now?? almost everybody knows about the principles of using virtual currency..

the point is not when will fall because we will not decide this moment, we don't have any switch that we will push to take it on or off...

but we all together have the power to change things. we can be prepared and wait for this. entering the bitcoin world is really a big step for what will bring to us the future..

by the way i also belong to the 80% of the votes who say no to the poll..

[zimmah]

2015? No.

This century? Yes.

More specifically, probably before 2030, maybe before 2020

[nydiacaskey01]

Maybe if they start war against a well developed Country that's the start of collapse, but for now since they are always in the neutral stance and want's to keep distance on issues that might start a war, I don't think US Dollar will collapse soon.

[TastyChillySauce00]

i think it's impossible for dollars to be collapse in next 5-10 years because almost all of people around the world use this currency to make an online transaction, so the conclusion, dollars will not collapse for about next 5 years 

[bitcoinvest]

what can change this 5 year period you say is something big like a war let's say....
did you hear the news of Micosoft for ETH ? have you seen the fact all the big companies have a  very close look or already involved into digital currencies..
it's very clear to everybody that nobady trust anymore a broken dollar or a broken euro where the money that is in our hand have nothing to do with gold reserve...

saying about Dollar collapse is like saying for Greece that will collapse....
how exactly??? since Greece has already collapsed... Greece is inside Euro but moves without money and that is reason for capital controls....
i give you an example...

let's say you want to pay the loan of your house ok?

you can do it only with 2 ways:

• Pay with Cash money
• Transfer Money from bank account you have in another country

You can't pay with money you have to another Greek Bank....

Do you get it now??

New money, you can pay ONLY with NEW money....
Now this situation is here but what tells you that will not go to Spain for example or Italy etc....

Bitcoin is a very good option to move and solve all problems.. of Dollar or Euro etc. etc....

[AtheistAKASaneBrain]

2015? No.

This century? Yes.

More specifically, probably before 2030, maybe before 2020

2020 is too soon, maybe even 2030. But definitely the cycle of the current fiat empire is crumbling. All fiat currencies have had cycles of about 70-100 years before they had massive collapses. Time is due that this insanely big and forever increasing debt gets wrecked into where it belongs.

[zimmah]

2015? No.

This century? Yes.

More specifically, probably before 2030, maybe before 2020

2020 is too soon, maybe even 2030. But definitely the cycle of the current fiat empire is crumbling. All fiat currencies have had cycles of about 70-100 years before they had massive collapses. Time is due that this insanely big and forever increasing debt gets wrecked into where it belongs.

a lot can happen in 15 years, even in 5 years.

just because it feels like a short time, doesn't mean nothing ever happens during that timeframe.

8 years ago there weren't even iphones.

[BitMaxz]

No it will never be collapse even year of 2020. US dollars is our main/primary  money so it will never be collapse.

[Pierre 2]

Dollar will not collapse completely ever but I guess it will lose strong value when China and India gets bigger in economic scene.
And as I know it is not too far.

[n2004al]

Dollar will not collapse completely ever but I guess it will lose strong value when China and India gets bigger in economic scene.
And as I know it is not too far.

Wow. Sorry but it is very funny to not mention this. Another wonderful answer from another bitmixer poster. Have your read the title of this thread Pierre 2? It is about the collapse of us dollar during this year. You think that in the remain 2 months of this year (seeing the second sentence of your post) China and India will go so bigger in economic scene that will be able (always during those two months) to make us dollar to "lose its strong value"?    Hmmm a little difficult according to me... But who knows... Maybe I'm wrong...

[bct-user]

US Dollar collapse in 2015?

i don't think so, US dollar is still be a pair for calculate an other currency value.

although it will replaced slowly by bitcoin in the future, look at Greece

[azguard]

No it will never be collapse even year of 2020. US dollars is our main/primary  money so it will never be collapse.

everything that you sell on exchanges and market is dollar based as prime value other currencies are add if it some local exchange or market.
so bottom is that dollar wont collapse only it can make stronger and other currency can follow it

[jt byte]

I don't think that dollar will collapse because it's the first most popular currency in the world.
I think that every year the value of 1 USD is deducted by 0.2%.
Which means that whatever you bought today with 1$ after few years you have to pay more for that.

Not in 2015, but it WILL collapse. The trends are set in stone now, there's no way this train cannot be saved from crashing against a huge wall of debt. The debt grows, while purchasing power of the individual shrinks. This is textbook recipe for an inevitable disaster. I hope that people has been stacking up their Bitcoin and metals game. Anything else just isn't safe.

If it will collapse then when do you think it will?
I think at least not in our generation, maybe after we die or maybe after 100 years.
But basically i don't think it will disappear, as cash will stay together as human will exists.

[Pab]

 In November will be crucial IMF meetings to add Yuan to currency busquets and make yuan fully exchangable and equal to euro,dollar,big problem for dollar,becouse that way Chinise want Yuan to be second reserve currency of the world.Market will choose most tradable currency .USA may put veto on IMF meeting but if thay do that Chinise will be very ,very unhappy

[zenitzz]

World is as if in a static state, as well as in flux.. It moves or stays put when observed. The observer's outlook on life determines whether the world is going down the tubes or fairly the same. And yet undeniably world experiences disasters and will continue to. It also has much spectacular wonder. The world is in the state as observed - falling apart to a pesimist, or an amazing jungle full of awe and wonder to a cheerful adventurous optimist, though both the optimist and pessimist may live during an "economic correction" or such.

[azguard]

In November will be crucial IMF meetings to add Yuan to currency busquets and make yuan fully exchangable and equal to euro,dollar,big problem for dollar,becouse that way Chinise want Yuan to be second reserve currency of the world.Market will choose most tradable currency .USA may put veto on IMF meeting but if thay do that Chinise will be very ,very unhappy

this will be interesting to see i hope we wont suffer downtrend i was happy to see btc price rising i would be disappointing if this comes to downfall of price

[vero]

Most likely not because as you may know the U.S dollar is the money used for international trading, such as if china is trading with Any country they use the U.S dollar

[Pab]

In November will be crucial IMF meetings to add Yuan to currency busquets and make yuan fully exchangable and equal to euro,dollar,big problem for dollar,becouse that way Chinise want Yuan to be second reserve currency of the world.Market will choose most tradable currency .USA may put veto on IMF meeting but if thay do that Chinise will be very ,very unhappy

this will be interesting to see i hope we wont suffer downtrend i was happy to see btc price rising i would be disappointing if this comes to downfall of price

I think it rather will cause btc price rise,maybe it is one of the reason of current btc price really

http://www.bloomberg.com/news/articles/2015-06-26/china-seen-winning-reserve-currency-endorsement-in-imf-s-review

[suda123]

In November will be crucial IMF meetings to add Yuan to currency busquets and make yuan fully exchangable and equal to euro,dollar,big problem for dollar,becouse that way Chinise want Yuan to be second reserve currency of the world.Market will choose most tradable currency .USA may put veto on IMF meeting but if thay do that Chinise will be very ,very unhappy

this will be interesting to see i hope we wont suffer downtrend i was happy to see btc price rising i would be disappointing if this comes to downfall of price

I think it rather will cause btc price rise,maybe it is one of the reason of current btc price really

http://www.bloomberg.com/news/articles/2015-06-26/china-seen-winning-reserve-currency-endorsement-in-imf-s-review

oh fuck forgot about that

[1990BEARS]

i do not think us dollar will die but i think that gold and btc (asset investment) is being seen as the best from investor point of view.

[hetecon]

Looks like the dollar is still getting stronger. Just idiots around here?

[Xester]

Looks like the dollar is still getting stronger. Just idiots around here?

After President DOnald Trump won the election for the position of presidency in the United States of America, the American DOllar has recovered and has increased in value. Its already 2016 and the theory about the dollars collapse is already falsified. The title should be changed to US Dollar revived in 2016. Its good news for US and hope they can sustain or improve their economic status.

[JariKriting]

USD not collapse
USD still strong after president election, USD strong
but fiat money price still fluctuate, because can effect about economic policy import,export and more
so can't strong continue or can't collapse continue

[hetecon]

Looks like the dollar is still getting stronger. Just idiots around here?

After President DOnald Trump won the election for the position of presidency in the United States of America, the American DOllar has recovered and has increased in value. Its already 2016 and the theory about the dollars collapse is already falsified. The title should be changed to US Dollar revived in 2016. Its good news for US and hope they can sustain or improve their economic status.

Do you know anything? Dollar was going up way way before Nov 2016. Lol look at a chart friend :/

[funkenstein]

Looks like the dollar is still getting stronger. Just idiots around here?

After President DOnald Trump won the election for the position of presidency in the United States of America, the American DOllar has recovered and has increased in value. Its already 2016 and the theory about the dollars collapse is already falsified. The title should be changed to US Dollar revived in 2016. Its good news for US and hope they can sustain or improve their economic status.

Nice story bro.  How much for a pack of smokes?  How much for a PBR at your pub?  How much for a hotel room?  Sounds like real strong dollar there yeah. 

[bitcoinvest]

first of all us dollar has collapsed a long time ago...about some years.
and together with this all the other currencies....see euro and the fight the have to keep alive and play the game...

but the point is not when the Dollar of US or Canada or and other dollar or EUR will go down.....

the point is that the people understand that world change very fast we are not in 1900 we live in 2015.....go back your memory when bitcoin started ...
who believed you when you told him that bitcoin will go so up that people will get paid for work in bitcoin? who believed you when you told him that this virtual currency will have real value out there ? .... you know the answer.

and what about now?? almost everybody knows about the principles of using virtual currency..

the point is not when will fall because we will not decide this moment, we don't have any switch that we will push to take it on or off...

but we all together have the power to change things. we can be prepared and wait for this. entering the bitcoin world is really a big step for what will bring to us the future..

by the way i also belong to the 80% of the votes who say no to the poll..

Above is what i wrote back in 2015.. i am impressed with that... my opinion has not changed since then. and here we are now starting of 2017 and yet the Dollar is standing good. any news you have to change my mind? i am here to hear... for me that i live in Europe i would say is most possible to have a Euro collapse

[simpler2016]

first of all us dollar has collapsed a long time ago...about some years.
and together with this all the other currencies....see euro and the fight the have to keep alive and play the game...

but the point is not when the Dollar of US or Canada or and other dollar or EUR will go down.....

the point is that the people understand that world change very fast we are not in 1900 we live in 2015.....go back your memory when bitcoin started ...
who believed you when you told him that bitcoin will go so up that people will get paid for work in bitcoin? who believed you when you told him that this virtual currency will have real value out there ? .... you know the answer.

and what about now?? almost everybody knows about the principles of using virtual currency..

the point is not when will fall because we will not decide this moment, we don't have any switch that we will push to take it on or off...

but we all together have the power to change things. we can be prepared and wait for this. entering the bitcoin world is really a big step for what will bring to us the future..

by the way i also belong to the 80% of the votes who say no to the poll..

Above is what i wrote back in 2015.. i am impressed with that... my opinion has not changed since then. and here we are now starting of 2017 and yet the Dollar is standing good. any news you have to change my mind? i am here to hear... for me that i live in Europe i would say is most possible to have a Euro collapse

The collapse of the euro, I believe. I think that soon the currency will not be. And the European Union, too. A dollar will be more stable for many decades

[Rooster101]

Some of the world economic analysts,politicians and well known investors predicts the end of the dollar reign as the dominant global currency will end and might replace by another currently giant like euro or the china's yuan. But there seem to be no dollar collapse in 2015 as the dollar still leading the currencies of the world.

[bitcoinvest]

first of all us dollar has collapsed a long time ago...about some years.
and together with this all the other currencies....see euro and the fight the have to keep alive and play the game...

but the point is not when the Dollar of US or Canada or and other dollar or EUR will go down.....

the point is that the people understand that world change very fast we are not in 1900 we live in 2015.....go back your memory when bitcoin started ...
who believed you when you told him that bitcoin will go so up that people will get paid for work in bitcoin? who believed you when you told him that this virtual currency will have real value out there ? .... you know the answer.

and what about now?? almost everybody knows about the principles of using virtual currency..

the point is not when will fall because we will not decide this moment, we don't have any switch that we will push to take it on or off...

but we all together have the power to change things. we can be prepared and wait for this. entering the bitcoin world is really a big step for what will bring to us the future..

by the way i also belong to the 80% of the votes who say no to the poll..

Above is what i wrote back in 2015.. i am impressed with that... my opinion has not changed since then. and here we are now starting of 2017 and yet the Dollar is standing good. any news you have to change my mind? i am here to hear... for me that i live in Europe i would say is most possible to have a Euro collapse

The collapse of the euro, I believe. I think that soon the currency will not be. And the European Union, too. A dollar will be more stable for many decades

If you walk in Europe as a normal person and speak with people you can understand that 1st minute...
I don't count what Media spread to the world... it's like what happened before USA Elections...there was a big fight against Trump (no matter if you like him or not etc). The fact was that the common sence was at that period because of the media that Hilary should will and Trump is the bad guy etc....

And the result? The result was the truth i believe...
Don't try to explain other things... i speak about the Facts!

So the same is in Europe. ALL europian countries except some that before was part of Soviet Union had a very good every day life and average wealth of citizens. On the other hand being part of Europe is like let other people decide your feature... and we all see what happened with Greece...

Anyway.. too many words no need on that.. Europe started already to break and of Course Euro also... England voted... Now France is on the Way.....
Who knows after....
The only way they could stop that was a war... the first part already happening and is the economical one.. and result is not what they wanted. the second will follow (i hope not) is the real war...

BTC is the weapon for all of us to protect our money... think of that...

[vantyzz]

first of all us dollar has collapsed a long time ago...about some years.
and together with this all the other currencies....see euro and the fight the have to keep alive and play the game...

but the point is not when the Dollar of US or Canada or and other dollar or EUR will go down.....

the point is that the people understand that world change very fast we are not in 1900 we live in 2015.....go back your memory when bitcoin started ...
who believed you when you told him that bitcoin will go so up that people will get paid for work in bitcoin? who believed you when you told him that this virtual currency will have real value out there ? .... you know the answer.

and what about now?? almost everybody knows about the principles of using virtual currency..

the point is not when will fall because we will not decide this moment, we don't have any switch that we will push to take it on or off...

but we all together have the power to change things. we can be prepared and wait for this. entering the bitcoin world is really a big step for what will bring to us the future..

by the way i also belong to the 80% of the votes who say no to the poll..

Above is what i wrote back in 2015.. i am impressed with that... my opinion has not changed since then. and here we are now starting of 2017 and yet the Dollar is standing good. any news you have to change my mind? i am here to hear... for me that i live in Europe i would say is most possible to have a Euro collapse

The collapse of the euro, I believe. I think that soon the currency will not be. And the European Union, too. A dollar will be more stable for many decades

If you walk in Europe as a normal person and speak with people you can understand that 1st minute...
I don't count what Media spread to the world... it's like what happened before USA Elections...there was a big fight against Trump (no matter if you like him or not etc). The fact was that the common sence was at that period because of the media that Hilary should will and Trump is the bad guy etc....

And the result? The result was the truth i believe...
Don't try to explain other things... i speak about the Facts!

So the same is in Europe. ALL europian countries except some that before was part of Soviet Union had a very good every day life and average wealth of citizens. On the other hand being part of Europe is like let other people decide your feature... and we all see what happened with Greece...

Anyway.. too many words no need on that.. Europe started already to break and of Course Euro also... England voted... Now France is on the Way.....
Who knows after....
The only way they could stop that was a war... the first part already happening and is the economical one.. and result is not what they wanted. the second will follow (i hope not) is the real war...

BTC is the weapon for all of us to protect our money... think of that...

I do not think that France will leave the European Union. Although it will not help him.
And if we talk about the dollar, then it is nothing bad can happen. It is stable, and is very popular in many countries