giveBTCpls
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September 15, 2014, 03:28:31 PM |
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The fiat dollar is going down long term while btc is going up down term, this is unavoidable math and not subjected to interpretation, im just telling it like it is given the current situation with the fiat magic making money scam.
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digitalindustry
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September 15, 2014, 05:04:42 PM |
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The Federal Reserve is getting close to raising interest rates for the first time in eight years. This is the furthest the dollar has gone in six years in relevance to the Japanese Yen. According to the head of foreign-exchange strategy at the Canadian Imperial Bank of Commerce in London, Jeremy Stretch, there has been “a significant lift in volatility [in the market], and levels have moved up substantially,” More @ http://cryptoconspiracy.com/american-dollar-climbs-most-in-10-months-while-bitcoin-stagnates/oh dear - : well at least you just reported it. if you understand anything about exchange rates, the Yen is plummeting, the Dollar is not specifically rising, Japans GDP just went from 6.1 percent positive to 6.8 % NEGATIVE: http://kolinevans.wordpress.com/2014/08/13/so-the-japanese-train-wreck-finally-pulled-in-to-the-station/I can not however comment on if that is a world record of GDP % movement, but what i can tell you is this:its not "normal" so the Yen is a part of those many vectors, the USD is at the core of them, so no, unfortunately all debt paper money "gravitates" around the Reserve. This is not however the case with Crypto currency, the confusion there was with the host of similar distribution models.
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- Twitter @Kolin_Quark
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Window2Wall
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September 15, 2014, 05:10:56 PM |
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The fiat dollar is going down long term while btc is going up down term, this is unavoidable math and not subjected to interpretation, im just telling it like it is given the current situation with the fiat magic making money scam.
The Dollar is going to decline very slowly over the long term. This is normal and generally investment and wage gains can overcome this decline in value. With bitcoin on the other hand it is very difficult to safely invest without having to risk that not only your money be stolen but also from investment losses
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jyakulis
Sr. Member
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J
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September 15, 2014, 05:12:40 PM |
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Oh when the price of the dollar goes up it's cover to cover news.
When the price of bitcoin rises significantly it is instability in the currency.
F the news.
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jyakulis
Sr. Member
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Activity: 469
Merit: 250
J
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September 15, 2014, 05:24:46 PM |
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Dont pray that dollar will drop. It will surely create chaos. What will happen to all of us.
Prayer is not needed. The dollar dropping in value has been a reliable constant. Fiat currencies completely losing all value is also a historical reality. Exactly, they started with a gold supply and a country with a reputation second to none among the world for being a creditor and financially sound. They usurped a government used the hardworking people to back their debt instrument and systematically leached over 99% of said peoples money. Worse yet they use force to make you use their debt instrument. Conversely, bitcoin started with no value and has risen strongly. In short why are they even talking. They have no moral high ground. NONE.
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Verse
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September 15, 2014, 05:57:23 PM |
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The FED plans to raise interest rates in order to combat inflation potential. The FED accomplishes this by buying and selling bonds. To raise rates the FED will primarily sell off bonds. The relative value of currency rests upon real interest rates. Therefore selling a bond with a fixed coupon increases supply, decreases cost, and increases ROI for that bond (a low risk asset.) Since ROI for low risk assets increases, the ROI for higher risk assets must increase in order to remain competitive. Thus making the USD more valuable by increasing real ROI for USD, until... Oh, wait! Inflation, the entire reason the FED would raise rates to begin with.
Real rates have been low, and will either continue to remain low, go negative, or increase. FED President Yellen is more likely than not going to underestimate the recovery and lead the U.S. into a period of inflation, which puts relative downward pressure on real rates. However she will counteract this inflation by increasing real rates. If real rates are low, Bitcoin goes up - which is probably one of the reasons it has been able to maintain such a high valuation. Aka a Bitcoin bubble. When real rates increase, Bitcoin goes down. However the real rate rise in this case would precede another FED-induced recession, which would drive real rates down yet again. It's a lagged game.
The less the U.S. looks like they'll enter a sustained long-term period of growth, the higher the present value of Bitcoin as an investment currency.
Bitcoin has not stagnated, it has been evolving to meet the demands of higher valuations. This is not instantaneous. Bitcoin should be understood as a payment processor first and foremost. Bitcoin is not reasonably capable of transacting volumes on par with credit card companies, yet, in terms of both number of transactions and value of transactions. All of these developments in the Bitcoin community are serving to justify Bitcoin's $470 price point not as an investment currency, but as a payment processor and a real currency as Bitcoin was meant to be. When that $470 price is justified we'll start seeing consistent long term gains. Or another bubble and crash. Then we can have this conversation all over again with different prices and an economy in tatters.
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greeneye222
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September 25, 2014, 06:17:01 AM |
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Oh when the price of the dollar goes up it's cover to cover news.
When the price of bitcoin rises significantly it is instability in the currency.
F the news.
Dollar has been going up and down ever since, but it is still here right? Dollar has been proven to withstand time, I hope bitcoin does that too.
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SoldierKid
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September 25, 2014, 07:07:28 AM |
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And your point? Silver has been going down. The euro's value changes. Oil prices changes. So what that it just so happens that another market changes slightly. I'm not sure how this is directly related to bitcoin in any fashion.
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runam0k
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Touchdown
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September 25, 2014, 10:10:50 AM |
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Dollar has been going up and down ever since, but it is still here right? Dollar has been proven to withstand time, I hope bitcoin does that too.
Like all fiat currencies, the USD has been losing real value against real world goods/commodities since it was created. That can't happen forever. Eventually something has to give.
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findftp
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Delusional crypto obsessionist
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September 25, 2014, 10:48:26 AM |
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All of these developments in the Bitcoin community are serving to justify Bitcoin's $470 price point not as an investment currency, but as a payment processor and a real currency as Bitcoin was meant to be.
Bitcoin was not ment to be real currency only. It was ment to be a system which was not able to alter anymore. A system which is able to live forever because it is decentralized. People value such a system so much, that they see it as money which you can use as a currency. I don't use bitcoin as a currency, just like I don't use gold as a currency.
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blatchcorn
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September 25, 2014, 11:23:44 AM |
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Dollar has been going up and down ever since, but it is still here right? Dollar has been proven to withstand time, I hope bitcoin does that too.
Like all fiat currencies, the USD has been losing real value against real world goods/commodities since it was created. That can't happen forever. Eventually something has to give. The dollar will stand the test of time, but it will lose value for ever. Inflation does not always end in disaster
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V8x8d
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September 25, 2014, 12:22:55 PM |
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Dollar has been going up and down ever since, but it is still here right? Dollar has been proven to withstand time, I hope bitcoin does that too.
Like all fiat currencies, the USD has been losing real value against real world goods/commodities since it was created. That can't happen forever. Eventually something has to give. The dollar will stand the test of time, but it will lose value for ever. Inflation does not always end in disaster The $ in it's current form has only existed since 1971. It has struggled a bit since detaching itself from that barbarous relic.
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CryptoCarmen
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★Bitin.io★ - Instant Exchange
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September 25, 2014, 12:35:25 PM |
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You know what has been climbing in value recently? The Zimbabwe 100 trillion bill, from a low of ~$7 to a recent high of ~$26. ALL FIAT IS SCAMCOIN. For most fiat, you just don't know it yet. omg, they put pile of stones on their money.
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aztecminer
Legendary
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Merit: 1000
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September 25, 2014, 04:07:11 PM |
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The Federal Reserve is getting close to raising interest rates for the first time in eight years. This is the furthest the dollar has gone in six years in relevance to the Japanese Yen. According to the head of foreign-exchange strategy at the Canadian Imperial Bank of Commerce in London, Jeremy Stretch, there has been “a significant lift in volatility [in the market], and levels have moved up substantially,” More @ http://cryptoconspiracy.com/american-dollar-climbs-most-in-10-months-while-bitcoin-stagnates/did we forget to mention that the japanese are printing their money like crazy to depreciate their currency compared to the dollar in an attempt to make their radioactive exports more competitive priced
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Jerome?
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October 06, 2014, 11:05:10 AM |
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Dont pray that dollar will drop. It will surely create chaos. What will happen to all of us.
Correct. Dollar is the major player still.
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ANTIcentralized
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October 07, 2014, 06:38:32 AM |
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The Federal Reserve is getting close to raising interest rates for the first time in eight years. This is the furthest the dollar has gone in six years in relevance to the Japanese Yen. According to the head of foreign-exchange strategy at the Canadian Imperial Bank of Commerce in London, Jeremy Stretch, there has been “a significant lift in volatility [in the market], and levels have moved up substantially,” More @ http://cryptoconspiracy.com/american-dollar-climbs-most-in-10-months-while-bitcoin-stagnates/did we forget to mention that the japanese are printing their money like crazy to depreciate their currency compared to the dollar in an attempt to make their radioactive exports more competitive priced Japan is trying to depreciate their currency because it is naturally appreciating in the currency markets. If their currency becomes too valuable then their exporters will have a disadvantage and their economy will suffer
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ApexEvo
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🌟 æternity🌟 blockchain🌟
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October 07, 2014, 12:33:57 PM |
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US dollar = Proof of Violence
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madken7777
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October 07, 2014, 12:45:06 PM |
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The Federal Reserve is getting close to raising interest rates for the first time in eight years. This is the furthest the dollar has gone in six years in relevance to the Japanese Yen. According to the head of foreign-exchange strategy at the Canadian Imperial Bank of Commerce in London, Jeremy Stretch, there has been “a significant lift in volatility [in the market], and levels have moved up substantially,” More @ http://cryptoconspiracy.com/american-dollar-climbs-most-in-10-months-while-bitcoin-stagnates/did we forget to mention that the japanese are printing their money like crazy to depreciate their currency compared to the dollar in an attempt to make their radioactive exports more competitive priced The outcome is Japan still haven't solve their economic problems after 2 decades.
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Q7
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October 07, 2014, 02:03:01 PM |
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I would connect us dollar to gold but i won't connect dollar to btc, that's for sure.
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philiveyjr
Legendary
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October 07, 2014, 09:44:14 PM |
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