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Author Topic: So "what if", on Nov 30th...  (Read 2990 times)
Bitmore (OP)
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November 07, 2014, 12:25:50 AM
 #1

The Swiss decide they don't have nearly enough gold on hand...

http://www.zerohedge.com/news/2014-10-28/things-make-you-go-hmmm-swiss-gold-status-quo-showdown

https://goldswitzerland.com/swiss-gold-initiative-2014/

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November 07, 2014, 05:37:36 PM
 #2

Humanity is blessed that there is still hope for us to be free.
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November 07, 2014, 06:56:22 PM
 #3

Some polling info and other tidbits: http://snbchf.com/gold/swiss-gold-referendum-latest-news/
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November 07, 2014, 07:09:15 PM
 #4

Not gonna happen, imo.
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November 07, 2014, 07:56:51 PM
 #5

Not gonna happen, imo.

Alas I agree... the propoganda machine the Central banks control is just too powerful.
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November 07, 2014, 10:24:59 PM
 #6

wishful thinking...... Cry
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November 07, 2014, 10:36:40 PM
 #7

Swiss territory ... ?

 Grin what a joke ... like luxembourg joke.

Only is relevent, the China territory (and Russia, in the second choice).
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November 08, 2014, 12:07:53 AM
 #8

Not gonna happen, imo.

Alas I agree... the propoganda machine the Central banks control is just too powerful.

This is why I am skeptical of the currency collapse, not because I don't believe in the central bank infinity printing, but because I think the propaganda machine is too well tuned. 98% of world citizens just assume the news is telling them the truth  Undecided  What can be done?  Huh

FAP Turbo 2.0, the FOREX trading robot which also trades bitcoin!

I had to link it because I love the name. Seriously, that is the real name.
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November 08, 2014, 02:50:45 AM
 #9

EURCHF is right above the 1.20 floor set by Swiss National Bank. Right now is great time to buy into EURCHF because the SNB will not allow it to go below 1.20. A quick look at the order books shows 90% buy on it.
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November 08, 2014, 05:30:31 PM
 #10

Swiss territory ... ?

 Grin what a joke ... like luxembourg joke.

Only is relevent, the China territory (and Russia, in the second choice).

USA is still king. They can print the magic money and everyone accepts it due the dollar supremacy. Sad but true.
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November 08, 2014, 05:57:19 PM
 #11

Swiss territory ... ?

 Grin what a joke ... like luxembourg joke.

Only is relevent, the China territory (and Russia, in the second choice).

USA is still king. They can print the magic money and everyone accepts it due the dollar supremacy. Sad but true.

The dollar is being propped up, but eventually it will have to collapse under its own weight as debts and printing to pay turns into a vicious vortex.   In fact it is too late to save the dollar.  We are long past saving it, and can only delay the inevitable at best.  Metal backed currencies and crypto are then the only currency that will be trusted.

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November 10, 2014, 02:19:51 AM
 #12

crypto currency would not be the only trusted currency, but as one of the trusted currencies. denationalisation of money would be the main trend.
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November 11, 2014, 12:12:40 AM
 #13

I guess there would be massive gold buying.
Good for bitcoins and gold.  Grin
Malin Keshar
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November 11, 2014, 12:23:15 AM
 #14

Swiss is so small.


Don't think it would make much difference.
Bitmore (OP)
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November 11, 2014, 02:46:55 AM
 #15

Swiss is so small.


Don't think it would make much difference.

Ummm..no?

Geographically, sure.

Economically? They are 37th in the world.
http://en.wikipedia.org/wiki/Economy_of_Switzerland

Whether anything regarding the OP's article has any effect whatsoever on Bitcoin, I have no idea. But to say Switzerland is "small", other than geographically, is just wrong.

I really need to stop reading this board. Some days I want Bitcoin to fail so that some of the people on this forum hang themselves.


I know I can be a little optimistic sometimes.  Too much so. 

But,... at some point an event such as this like with the Swiss, will make a huge move.  Maybe not, but that is the fun of the chase.

At some point in the future someone will get fantastically rich because they made a choice, not unlike buying just ONE bitcoin, that will make them rich for the rest of their lives.

A 'sure thing'?   Certainly not! 

No guts no glory.

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November 11, 2014, 02:47:48 AM
 #16

So you think Switzerland would to buy large amounts of bitcoins because gold is not enough?
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November 11, 2014, 06:13:10 AM
 #17

So you think Switzerland would to buy large amounts of bitcoins because gold is not enough?
Impossible. Do not have this fantasy

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November 11, 2014, 06:13:19 AM
 #18

That would ofcorse be a great turnoround.
MF Doom
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November 11, 2014, 06:01:48 PM
 #19

So you think Switzerland would to buy large amounts of bitcoins because gold is not enough?
Impossible. Do not have this fantasy

Hahaha, I think you're right, governments buying bitcoins is not going to happen.  They may sieze them, but def not buy them
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November 12, 2014, 03:26:17 PM
 #20



they better hope they do, or they just got ripped.
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November 12, 2014, 05:18:17 PM
 #21

Thanks OP for bringing this!

I think the price of gold is going to go past ATHs and at the same time bitcoin would get a higher price because they have a higher correlation both of utility and price.
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