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Author Topic: AUD is falling! lucky I have bitcoin  (Read 2126 times)
jimmijames73
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May 29, 2013, 11:54:36 AM
 #21

I bought a lot of USD when AUD was strong against it.... then I used it to buy BTC too! Smiley

For anyone in Sydney, check out the bitcoin sydney group, they're organising a meetup soon.

Where can I find details on the Sydney bitcoin group?
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Seal
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May 29, 2013, 12:43:03 PM
 #22

I bought a lot of USD when AUD was strong against it.... then I used it to buy BTC too! Smiley

For anyone in Sydney, check out the bitcoin sydney group, they're organising a meetup soon.

Where can I find details on the Sydney bitcoin group?

https://www.facebook.com/pages/Bitcoin-Sydney-Australia/457681220943285

Post on there to register your interest. The meetup will be in a few weeks time. There has been a lot of interest so spread the word.

jimmijames73
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May 30, 2013, 03:03:14 AM
Last edit: May 30, 2013, 04:03:26 AM by jimmijames73
 #23

I bought a lot of USD when AUD was strong against it.... then I used it to buy BTC too! Smiley

For anyone in Sydney, check out the bitcoin sydney group, they're organising a meetup soon.

Where can I find details on the Sydney bitcoin group?

https://www.facebook.com/pages/Bitcoin-Sydney-Australia/457681220943285

Post on there to register your interest. The meetup will be in a few weeks time. There has been a lot of interest so spread the word.

Thanks Seal, unfortunately I am not on Facebook.

Edit: Spelling
Seal
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May 30, 2013, 06:19:10 AM
 #24

I bought a lot of USD when AUD was strong against it.... then I used it to buy BTC too! Smiley

For anyone in Sydney, check out the bitcoin sydney group, they're organising a meetup soon.

Where can I find details on the Sydney bitcoin group?

https://www.facebook.com/pages/Bitcoin-Sydney-Australia/457681220943285

Post on there to register your interest. The meetup will be in a few weeks time. There has been a lot of interest so spread the word.

Thanks Seal, unfortunately I am not on Facebook.

Edit: Spelling

Post in here: https://bitcointalk.org/index.php?topic=108904.0

I'll get something going and update it.

worldinacoin
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May 30, 2013, 06:24:25 AM
 #25

The Aussie had broken parity with the USD sometime back.   Interest rates are also falling.   Commodities are basically down with only Jim Rogers still bullish about it.   I feel that it is time to diversify into more industries.   Too much dependency on raw materials will cause great problems when China's economy starts to slow down.  But Bitcoin can hardly replace the Aussie, at least for the near future.
jimmijames73
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May 30, 2013, 09:46:20 AM
 #26


Post in here: https://bitcointalk.org/index.php?topic=108904.0

I'll get something going and update it.

Done, I will keep watch for details.

The Aussie had broken parity with the USD sometime back.   Interest rates are also falling.   Commodities are basically down with only Jim Rogers still bullish about it.   I feel that it is time to diversify into more industries.   Too much dependency on raw materials will cause great problems when China's economy starts to slow down.  But Bitcoin can hardly replace the Aussie, at least for the near future.

The Australian economy used to 'ride on the sheeps back', then on the mining boom.  I am hoping with the roll out of the NBN that the next big thing will be with new technologies.
worldinacoin
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May 30, 2013, 09:48:45 AM
 #27

By the time the NGN is ready, I guess there is no need for fiber Smiley , the speed at which those guys do things....Sad
Nytcrawler
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May 30, 2013, 10:55:06 AM
 #28

The NBN is biggest crock of shit ever known to man. It is not going to be fully rolled out until 2023. BRAVO. NOT.

They tried to switch it on for a big media release the other week in Sydney and it didn't even work.

I live 7km from the Adelaide CBD and we are not even on the 3 year roadmap for the NBN. What a complete joke.
Cyberdyne
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May 30, 2013, 12:30:39 PM
 #29

I am hoping with the roll out of the NBN that the next big thing will be with new technologies.

The completion of the NBN will finally bring Australia into the 1990's.
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May 30, 2013, 12:48:06 PM
 #30

95% of my savings is in BTC and 5% AUD  Cheesy

Bitcoin will show the world what hard money really is.
Cyberdyne
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May 30, 2013, 02:03:30 PM
 #31

95% of my savings is in BTC and 5% AUD  Cheesy

That's funny considering your signature.
worldinacoin
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May 31, 2013, 01:42:33 AM
 #32

That is where Liquid uses his 5% AU I guess?  To pay for that Com.AU which is quite expensive! Smiley
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May 31, 2013, 02:14:12 AM
 #33

95% of my savings is in BTC and 5% AUD  Cheesy

Respect.

I always have respect for those with the guts to put their money where their mouth is. I did the same and rode it all the way to a six figure payout.

worldinacoin
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May 31, 2013, 03:05:44 AM
 #34

Well, I had a more modest 5 figure payout, but it was quite fun then when we built Bitcoin rigs.   With the difficulty now, it is getting harder and harder to use DIY Rigs Sad .  I am not into buying those ASICs machines though unless it is DIY
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