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Author Topic: Should I invest in the dollar?  (Read 1860 times)
theonewhowaskazu
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November 12, 2013, 08:00:23 PM
 #21

Oh and don't forget the Euro, often referred to as "Litecoin to USD's Bitcoin"...

Shouldnt it be the other Way?

As bad as the dollar is, the Euro is infinitely worse. See, in the US, cyprus would have never happened, we would have protected their investment by inflating currency into existence to pay them back. In the eurozone, not only does the ECB counterfiet like the fed does, but it doesn't even counterfeit when Cyprus wanted it to.

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The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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Meizirkki
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November 12, 2013, 10:44:16 PM
 #22

Oh and don't forget the Euro, often referred to as "Litecoin to USD's Bitcoin"...

Shouldnt it be the other Way?

As bad as the dollar is, the Euro is infinitely worse. See, in the US, cyprus would have never happened, we would have protected their investment by inflating currency into existence to pay them back. In the eurozone, not only does the ECB counterfiet like the fed does, but it doesn't even counterfeit when Cyprus wanted it to.
I think he was referring to the price Wink
zachcope
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November 12, 2013, 11:15:45 PM
 #23

Some researchers and I have discovered that the dollar is broken. A 0.00000001% attack* by one person can cause quadruple spending, reset of the upper dollar limit and the creation of numerous hard forks separated by international currency controls..

* also known as a 'Bernanke attack' by some researchers...

 CoolBTC

glub0x
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November 12, 2013, 11:30:07 PM
 #24

$ is risky, do not invest more than what you can afford to loose!

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
Pumpkin
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November 13, 2013, 12:17:34 AM
 #25

$ is risky, do not invest more than what you can afford to loose!
This!

*NEVER* go all in into fiat!
Sythyn
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November 13, 2013, 01:33:04 AM
 #26

$ is risky, do not invest more than what you can afford to loose!
This!

*NEVER* go all in into fiat!

Get some gold too....
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