sergio
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August 14, 2014, 09:29:32 AM |
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they've been saying this for ages now ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Yeah, well... It's primed for a collapse. This isn't your standard fear mongering, this is legitimate. The entire economy believes it, and countries are preparing for a collapse of the USD. yeah but when? thats the thing, we going on liket his for ages. When someone else has better guns, then the backing of the dollar is lost, and its game over. It will be a few decades. If it is not BRICS then someone else it is a matter of time. Of course the government could prevent that by stopping the printing presses, but they will not do that.
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johny08
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August 16, 2014, 11:02:34 AM |
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Interesting article and claims I think the guy isn't very intelligent though.
I don't see the dollar coming to an end for at least another 70+ years. The claims the guy making are based on history which isn't a terrible thing to base it on. But judging from 70 years ago today the world is a completely different place and anything related to money then holds little value to what we have today.
not the dollar. its dominance, because of the other strong currencies. its also not saying that its the end of the dollar
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zedicus
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August 16, 2014, 08:03:02 PM |
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Before dollar will come to an end, everyone will have died then, so it will not affect us.
This is the most naive comment I have ever seen. If you would read a majority of the thread, you would have seen why the dollar will collapse BEFORE you are dead. It will affect you plenty. Please, go read the thread. What is in this thread is mostly speculation and generally not backed up by facts. It would be unprecedented for the dollar to fall from where it is now to "come to an end" in just one generation. The british pound is still a major currency several generations (~300 years) after it's empire collapsed. The greek economy flourished for a long time after it's empire collapsed. I would also highly doubt that the dollar will collapse for the very same reasons. I would hope that other currencies like bitcoin would become more commonly use in trade, potentially to levels that would eclipse other major currencies. However it is very difficult to make huge impacts on levels of currency trade.
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picolo
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August 16, 2014, 10:47:26 PM |
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Before dollar will come to an end, everyone will have died then, so it will not affect us.
This is the most naive comment I have ever seen. If you would read a majority of the thread, you would have seen why the dollar will collapse BEFORE you are dead. It will affect you plenty. Please, go read the thread. What is in this thread is mostly speculation and generally not backed up by facts. It would be unprecedented for the dollar to fall from where it is now to "come to an end" in just one generation. The british pound is still a major currency several generations (~300 years) after it's empire collapsed. The greek economy flourished for a long time after it's empire collapsed. I would also highly doubt that the dollar will collapse for the very same reasons. I would hope that other currencies like bitcoin would become more commonly use in trade, potentially to levels that would eclipse other major currencies. However it is very difficult to make huge impacts on levels of currency trade. It is not a question of if the Dollar will collapse but when because it can't not collapse; it could have been saved 20years ago and maybe 10years ago but now the collapse will happen no matter what
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xkeyscore89
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August 17, 2014, 05:37:05 AM |
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Before dollar will come to an end, everyone will have died then, so it will not affect us.
This is the most naive comment I have ever seen. If you would read a majority of the thread, you would have seen why the dollar will collapse BEFORE you are dead. It will affect you plenty. Please, go read the thread. What is in this thread is mostly speculation and generally not backed up by facts. It would be unprecedented for the dollar to fall from where it is now to "come to an end" in just one generation. The british pound is still a major currency several generations (~300 years) after it's empire collapsed. The greek economy flourished for a long time after it's empire collapsed. I would also highly doubt that the dollar will collapse for the very same reasons. I would hope that other currencies like bitcoin would become more commonly use in trade, potentially to levels that would eclipse other major currencies. However it is very difficult to make huge impacts on levels of currency trade. It is not a question of if the Dollar will collapse but when because it can't not collapse; it could have been saved 20years ago and maybe 10years ago but now the collapse will happen no matter what If this is true then it would likely take a very long time, longer then our grandchildren will likely be alive. The precursor for the dollar to collapse would be for the American empire to finish collapsing and even then it would take centuries for the dollar to collapse. However the American empire has really not even started to collapse as of yet.
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zen2
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August 17, 2014, 10:01:15 AM |
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Yeah, but it won't happen. No growth can be sustained forever! Also, I believe it's a tad delusional to think that bitcoin will actually replace the dollar. I guess it'll find it's place somewhere alongside regular FIAT currencies and the current banking system.
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zedicus
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August 17, 2014, 04:59:07 PM |
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Before dollar will come to an end, everyone will have died then, so it will not affect us.
This is the most naive comment I have ever seen. If you would read a majority of the thread, you would have seen why the dollar will collapse BEFORE you are dead. It will affect you plenty. Please, go read the thread. What is in this thread is mostly speculation and generally not backed up by facts. It would be unprecedented for the dollar to fall from where it is now to "come to an end" in just one generation. The british pound is still a major currency several generations (~300 years) after it's empire collapsed. The greek economy flourished for a long time after it's empire collapsed. I would also highly doubt that the dollar will collapse for the very same reasons. I would hope that other currencies like bitcoin would become more commonly use in trade, potentially to levels that would eclipse other major currencies. However it is very difficult to make huge impacts on levels of currency trade. It is not a question of if the Dollar will collapse but when because it can't not collapse; it could have been saved 20years ago and maybe 10years ago but now the collapse will happen no matter what Why do you say this? What is difference now then 20 or 10 years ago? If anything the dollar has become more widely used and stronger when compared to other currencies.
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ajareselde
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Satoshi is rolling in his grave. #bitcoin
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August 17, 2014, 06:09:04 PM |
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Before dollar will come to an end, everyone will have died then, so it will not affect us.
This is the most naive comment I have ever seen. If you would read a majority of the thread, you would have seen why the dollar will collapse BEFORE you are dead. It will affect you plenty. Please, go read the thread. What is in this thread is mostly speculation and generally not backed up by facts. It would be unprecedented for the dollar to fall from where it is now to "come to an end" in just one generation. The british pound is still a major currency several generations (~300 years) after it's empire collapsed. The greek economy flourished for a long time after it's empire collapsed. I would also highly doubt that the dollar will collapse for the very same reasons. I would hope that other currencies like bitcoin would become more commonly use in trade, potentially to levels that would eclipse other major currencies. However it is very difficult to make huge impacts on levels of currency trade. It is not a question of if the Dollar will collapse but when because it can't not collapse; it could have been saved 20years ago and maybe 10years ago but now the collapse will happen no matter what Why do you say this? What is difference now then 20 or 10 years ago? If anything the dollar has become more widely used and stronger when compared to other currencies. Yeah, but the buying power of a dollar has decreased insanely: ![](https://ip.bitcointalk.org/?u=http%3A%2F%2F3.bp.blogspot.com%2F-mAg6FMpNGpM%2FTa9ICcEMonI%2FAAAAAAAABBM%2FUoQG8vxtBX0%2Fs1600%2FU.S.%252BDollar%252BPurchasing%252BPower.jpg&t=665&c=Wlj_zB3LW70-jQ) Its that much more insane that bitcoin doesnt have more support from those searching for ideal store of value.
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zimmah
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August 17, 2014, 09:23:32 PM |
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Yeah, but it won't happen. No growth can be sustained forever! Also, I believe it's a tad delusional to think that bitcoin will actually replace the dollar. I guess it'll find it's place somewhere alongside regular FIAT currencies and the current banking system.
Whenever a major currency/economy collapses this will be the first time an acceptable alternative has presented itself. Trust in fiat will be low once the dollar or other major currency falls, I'm pretty sure bitcoin will see a huge boost when this happens. It may not become the official currency but it will still become a major currency that you would not really want to be without.
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KarmaShark
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August 17, 2014, 10:07:10 PM |
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It will take some time yet before the US Dollar comes to an end. What we are witnessing right now with the BRICS movement is the official "The Good Days are Over" swan song being played by the orchestra. How the US reacts to this inevitability is what interests me the most right now.
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blumangroup
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August 18, 2014, 12:32:27 AM |
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Currently, the dollar is simply too big to fail. It's an interesting article though, for sure!
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pungopete468
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August 18, 2014, 07:03:54 AM |
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Currently, the dollar is simply too big to fail. It's an interesting article though, for sure!
Who can bail out the dollar? Too big to fail means it will be bailed out in the event of a failure; so who would bail the dollar out?
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catlinhappy
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August 18, 2014, 08:34:58 AM |
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Dollar dominance is actually been affected by the strong economic booming from the eastern countries like china. This people are also thinking of doing international businesses with their local currencies because people all over the world now patronizes their manufactured products.
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MightyBTC
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August 26, 2014, 04:28:39 PM |
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How come dollar would come to an end?Either dollar come to and end or not stupidity must come to an end
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negafen
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August 26, 2014, 04:36:26 PM |
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Coming to an end is overly exaggerated.
Losing the reserve currency status and a large portion of the value are not the end of the world.
In fact, it will help US to start fresh rather than keep defending the empire which will eventually fall apart. British Empire, was actually smart to let countries become independent as the cost of managing them outweigh the economic benefit.
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spazzdla
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August 26, 2014, 04:43:47 PM |
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Just as rome could and would never ever fail..
They started shrinking their borders... letting lands they controlled go..
Russia and the BRICs no longer are under any sort of ecom control from Merica and friends.
Iran is starting to bypass the USD, the US did not invade.
They have completely lost control of Iraq.
They could not pressure Ukraine into their bidding.
Their out skirts are crumbling...
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realdope
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August 27, 2014, 11:55:10 AM |
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I hope it fucking crashes for all i care. This shits disguting.
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waterpile
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August 27, 2014, 12:55:43 PM |
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This is more worst than the end of the world prediction. such an unrealistic idea
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exocytosis
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August 27, 2014, 02:13:21 PM |
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The USD will still be in circulation long after BTC has dropped to twenty cents.
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mustang77
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August 27, 2014, 03:38:24 PM |
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The USD will still be in circulation long after BTC has dropped to twenty cents.
Check this delusional man right there.
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