solid12345
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Activity: 1246
Merit: 1000
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May 21, 2015, 10:44:40 PM |
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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.
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azguard
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Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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May 25, 2015, 04:35:11 PM |
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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.
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aso118
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Activity: 1918
Merit: 1012
★Nitrogensports.eu★
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May 26, 2015, 01:01:07 AM |
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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.
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BIT-Sharon
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May 26, 2015, 01:43:23 AM |
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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.
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Possum577
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May 26, 2015, 06:16:28 AM |
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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.
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azguard
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Activity: 1484
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Crypto-News.net: News from Crypto World
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May 26, 2015, 09:04:07 AM |
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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.
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Agestorzrxx
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May 26, 2015, 10:00:36 AM |
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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.
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Amph
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Activity: 3248
Merit: 1070
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May 31, 2015, 08:11:37 AM |
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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)
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ragi
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May 31, 2015, 08:22:58 AM |
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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...
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no.
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AtheistAKASaneBrain
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May 31, 2015, 01:07:47 PM |
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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.
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azguard
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Activity: 1484
Merit: 1001
Crypto-News.net: News from Crypto World
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June 01, 2015, 07:45:51 AM |
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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.
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Amph
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Activity: 3248
Merit: 1070
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June 01, 2015, 07:54:07 AM |
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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?
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deisik
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Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
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June 01, 2015, 08:59:03 AM |
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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...
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hasmukhrawal
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June 01, 2015, 09:10:22 AM |
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waiting for when the price will increase .
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^_^`
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Activity: 5
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June 01, 2015, 09:13:28 AM |
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Nope,
USD is getting more powerful with everyday.
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alch1mista
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Activity: 455
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blockchain longa, vita brevis
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June 01, 2015, 09:26:11 AM |
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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.
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Arguing that you don't care about the right to privacy because you have nothing to hide is no different than saying you don't care about free speech because you have nothing to say.
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sankara87
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June 01, 2015, 11:56:29 AM |
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Not will collapse, but the US empire will soon fall, is the nature of every empire.
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manselr
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Activity: 868
Merit: 1006
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June 01, 2015, 03:31:26 PM |
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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.
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deisik
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Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
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June 01, 2015, 04:29:37 PM |
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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...
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mrhelpful
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Activity: 1456
Merit: 1002
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June 01, 2015, 05:45:21 PM |
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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.
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