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Author Topic: End of US Dollar  (Read 471 times)
bitsmichel (OP)
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April 20, 2014, 01:38:20 PM
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We have seen a big inflation of the US Dollar recently.
When will the US dollar be worth 0.0000001 B or less?

 

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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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acs267
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April 20, 2014, 01:41:58 PM
 #2

Then that would make the USD the cheapest currency. Even cheaper than the ZWD was.

Honestly, why would you want to knock any currency out of the game? Doesn't this mean that people couldn't buy Bitcoins with currencies? How would they circulate then? Random people pouring all of their effort into wasteful faucets.
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April 20, 2014, 01:43:32 PM
 #3

I don't see it happening soon as long as US economy collapses.
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April 20, 2014, 02:03:38 PM
 #4

It wont collapse. They wont let it. Bitcoin will probably collapse before the USD.
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April 20, 2014, 02:06:08 PM
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It wont collapse. They wont let it. Bitcoin will probably collapse before the USD.

that's what I meant , US economy is tightly regulated and Bitcoin price fluctuates with even a single FUD news.
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April 20, 2014, 02:22:13 PM
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It wont collapse. They wont let it. Bitcoin will probably collapse before the USD.

that's what I meant , US economy is tightly regulated and Bitcoin price fluctuates with even a single FUD news.

The US need to keep their dollar. It's vital too them so they'll do whatever they can to keep it. If many people move over to Bitcoin they might get scared though.
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April 20, 2014, 03:04:21 PM
 #7

USD is loosing it's worth but it will last long enough still, that we shouldn't worry about it. But it's like "empty" money... Doesn't have real value really.
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April 20, 2014, 03:38:33 PM
 #8

It wont collapse. They wont let it. Bitcoin will probably collapse before the USD.

that's what I meant , US economy is tightly regulated and Bitcoin price fluctuates with even a single FUD news.

Ya, I wish this FUD fluctuation was something I could understand, why do people forget that great wealth is being poured into Bitcoin just a soon as they hear about some robbery or scam? It makes no sense.

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April 20, 2014, 03:42:09 PM
 #9

The USD is gonna be ariound for a long, long time yet
Don't count your chickens...

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April 21, 2014, 10:09:10 AM
 #10

You know what I miss? When potato chips used to be 25 cents each. Amongst other things. I miss it because of the convinience. Just taking out of quarter. Now you have to take out two, or deal with a bunch of dimes and nickles and pennies. Simplicity was better.
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April 21, 2014, 10:16:03 AM
 #11

You know what I miss? When potato chips used to be 25 cents each. Amongst other things. I miss it because of the convinience. Just taking out of quarter. Now you have to take out two, or deal with a bunch of dimes and nickles and pennies. Simplicity was better.

Potato chips for 25cents? In my country one package cost 2$ or more. And you are crying about US economy and simplicity. Sad


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acs267
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April 21, 2014, 10:45:00 PM
 #12

You know what I miss? When potato chips used to be 25 cents each. Amongst other things. I miss it because of the convinience. Just taking out of quarter. Now you have to take out two, or deal with a bunch of dimes and nickles and pennies. Simplicity was better.

Potato chips for 25cents? In my country one package cost 2$ or more. And you are crying about US economy and simplicity. Sad

My grandmother told me that cookies used to cost a dime. She said you could feed yourself for a few days off of a dollar.

Anyway, were I live now, most bags of chips aren't even $2.
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April 21, 2014, 11:07:59 PM
 #13

USD is loosing it's worth but it will last long enough still, that we shouldn't worry about it. But it's like "empty" money... Doesn't have real value really.
That's why you should use it all to buy Bitcoins while you still have the time.
The inflation levels are just crazy.

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April 22, 2014, 02:03:50 AM
 #14

so where is OP's source? inflation rates are actually a measly 1.5%.. that's considered "low" by economists. we are reaching a point where all those printed dollars will explode, but at the moment not enough people are spending the money.
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April 22, 2014, 02:08:19 AM
 #15

As long US dollar is world reserve and strongest economy and military the dollar will be fine doesn't matter how much they print or debt.

Whole world mainly invest in USD that won't change at least for another decade or two

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