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"Your bitcoin is secured in a way that is physically impossible for others to access, no matter for what reason, no matter how good the excuse, no matter a majority of miners, no matter what." -- Greg Maxwell
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Airbuxf
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Activity: 257
Merit: 32
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August 13, 2018, 12:51:05 PM |
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The current situation is definately pretty dangerous as USA has the biggest debt of all countries in the world and at the same time is one of the strongest economies. If the situation persists and dollars will be printed like toilet paper, we might see a tremendous financial crush and cryptocurrencies might be a safe heaven.
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左
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August 13, 2018, 12:57:00 PM |
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The current situation is definately pretty dangerous as USA has the biggest debt of all countries in the world and at the same time is one of the strongest economies. If the situation persists and dollars will be printed like toilet paper, we might see a tremendous financial crush and cryptocurrencies might be a safe heaven.
Debt constantly increasing, inflation, housing market slowing down, crypto will be where it's at. |
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regadly
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August 13, 2018, 01:03:15 PM |
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A greater share of probability. The problems are more and more, and their resources are allowed less and less. One hope for reason and technology, and this bitcoin
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alexsandre
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Activity: 42
Merit: 0
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August 13, 2018, 01:05:47 PM |
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I think that bitcoin will buy useless because it will become very expensive and bitcoin will have to be bought for a lot of money so that bitcoin is the louder crypto currency.
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keycellko
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August 13, 2018, 01:11:31 PM |
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Well, yes i can see that the US dollar has a lot of debts but i don't think it will be useless. The dollar has been a trusted currency and is used universally. It is not easy to discount a currency that has built a lot of trust all over the world.
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bitfocus
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Activity: 532
Merit: 15
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August 13, 2018, 01:21:32 PM |
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tegarp90
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August 13, 2018, 01:24:59 PM |
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I wonder why people becomes FOMO because of this man tweets  I think it's good time to earn 1-2% shor profits Thanks kim dotcom |
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Tankdestroyer
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August 13, 2018, 01:36:26 PM |
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The dollar has been a trusted currency and is used universally. It is not easy to discount a currency that has built a lot of trust all over the world.
It would not be easy for it to go down but if things go on as is, it is very likely that it will become less valuable. It can lose value real fast like what happened to other currencies in the past that has been long forgotten. I wonder why people becomes FOMO because of this man tweets people get into this FOMO because they personally believe bitcoin itself, like gold or any other commodity, can be a safe haven for the speculated upcoming economic crisis of US. |
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GhostAltCoin
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Activity: 69
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August 16, 2018, 04:57:44 AM |
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Doesn't matter what the situation of the USA's economic condition is, or how much in debt this country is, the market will still have an ample supply of demand for dollars.
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vossybiglady
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August 16, 2018, 04:59:06 AM |
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I wouldn't worry about the debt too drastically. USA may have the biggest debt but they also have the biggest bombs. That's why the debt has been allowed to get this big. The world is going to get very interesting shortly. Bitcoin/Gold/Silver/food for the collapse.
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RATEONIUM
GLOBAL BLOCKCHAIN BASED PRODUCT
SERVICE RATING PLATFORM Gothic |
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jseverson
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August 16, 2018, 06:10:12 AM |
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Sound advice to blunt the impact of domestic unrest, but if and when the USD becomes worthless we'll have more pressing problems on our hands. I don't see that happening outside a complete global economic collapse, in which case you may want to stock up on goods instead.
Then again this is Kim Dotcom so of course he's exaggerating for media mileage lol.
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bobo012
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August 16, 2018, 08:02:39 AM |
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It will happen but not quick, they will try to salvage what they can, and for as long they can. It will however start leaking shit all over and we will enter a new recession, it is just a matter of time. Current economy is unsustainable .
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Phan Long
Jr. Member
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Activity: 238
Merit: 2
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August 16, 2018, 08:07:17 AM |
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America is a big economy. The dollar dominates the economies of many countries around the world. I hope that the US economy will overcome the downturn, otherwise it will affect the world economy and Bitcoin.
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chrismartin
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Activity: 340
Merit: 13
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August 16, 2018, 08:09:50 AM |
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This is a good news that came from one of the economists here in the world. It helps to open the eyes of other people to be in cryptocurrency now.and hope this thing will help us to recover the price in the markets. But as what i have been observing, its too hard for this to happened as we know that usd is the strongest currency when talking about in real world as they have the greatest economy.
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CheatingCoins
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Activity: 122
Merit: 10
Do what needs to be done.
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August 16, 2018, 08:14:38 AM |
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I bet that most people know how you actually borrow $100 from a bank and you need to get back $101 and in order to do so you need to borrow another $1. So this is infinite loop that has flows. Economy will collapse again it's a matter of time. For USD to become "worthless" it takes much more than buying in crypto. Even if USD starts becoming useless do you really believe that US gov will "let it be".  Naaah I thought so. Don't worry about USD and yeah invest in crypto (why not?).  |
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zenrol28
Copper Member
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Activity: 854
Merit: 110
Give Hope For Everyone!
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August 16, 2018, 08:23:25 AM |
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Having a currency which is printed and we don't know if how many were already printed or does it still have the value what the government promised is quite disturbing. Thinking that one day when you wake up the paper you were holding has no value anymore. This illusion made by governments is coming to an end and the new currency, BTC will replace them all.
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tiurminator
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Activity: 125
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August 16, 2018, 08:25:14 AM |
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Hoping world economies going to crash just to make your bitcoin more valuable is the dumbest idea I've ever heard. He is a greedy thief. |
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Nguyen Anh Quan
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Activity: 24
Merit: 0
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August 16, 2018, 08:26:56 AM |
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A greater share of probability. The problems are more and more, and their resources are allowed less and less. One hope for reason and technology, and this bitcoin
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RehitUpon
Newbie
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Activity: 77
Merit: 0
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August 16, 2018, 11:35:36 AM |
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The current situation of US debt is pretty alarming. But USA is one of the strongest economy in the world and dollar is a strong currency. I doubt that there would be a fall in the value of dollars anytime soon. Besides dollar is a trusted currency used in other parts of the world too. Even if dollar falls in its value, it won’t be anytime soon.
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