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xingming
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Activity: 322
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Writing to dispel society's myths.
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February 22, 2015, 06:30:21 PM |
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* What's the really simple way to understand what has been going on? You have a number of nations in the Euro zone, 17, but some of them have been living beyond their means. Greece is one of them right here that as I mentioned has been a big problem of late. Italy and Spain are two others that are also bigger and they too have huge problems. These two, Italy and Spain, are deemed too big to fail by most everyone. And then of course you've got Germany, which is really in the driver's seat over here. And they have the money, the means, and essentially the control over the entire fate of this Euro zone situation and crisis at this point. |
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unsoindovo
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Activity: 1932
Merit: 1042
https://locktrip.com/?refId=40964
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February 22, 2015, 07:00:39 PM |
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russia will join eur and it will skyrocket!  this is a forecasting who i like!!!  love and peace!!! put flowers in your guns!!! jokes aside, it would be nice, but i think it will never happen!!  |
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unsoindovo
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Activity: 1932
Merit: 1042
https://locktrip.com/?refId=40964
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February 22, 2015, 07:03:33 PM |
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russia will join eur and it will skyrocket! We'll see all the Bitcoins being mined by 2140 before we see Russia as a part of the European Union. Are you sure that by 2140 there still will be the European Union? Don't ask about Russia, since they have more than a thousand years of rather turbulent history and have all the chances to stay. hem hem... I'm touching the balls!!!  little superstitious gesture!!!  |
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najzenmajsen
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February 22, 2015, 08:23:37 PM |
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russia will join eur and it will skyrocket! We'll see all the Bitcoins being mined by 2140 before we see Russia as a part of the European Union. Are you sure that by 2140 there still will be the European Union? Don't ask about Russia, since they have more than a thousand years of rather turbulent history and have all the chances to stay. hem hem... I'm touching the balls!!! little superstitious gesture!!! you guys are crazy , ofcourse russia will join european union , i've read it from my future brain. |
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uki
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Activity: 1358
Merit: 1000
cryptojunk bag holder
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February 22, 2015, 08:32:58 PM |
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Is it possible that EUR might drop below USD in 2015? Syriza & ECB QE program
pushing price even lower against USD or do you think euro is at it's bottom right now
and is going to rise soon?
Discussion.
Definitely the direction of the move is towards the parity (1:1), however I am not sure if we see it in 2015. It seems now that Greece bought some time, so we may see a rebound in the main pair. Also the situation in the Ukraine seems to stabilise a bit, if I can use such a statement, meaning the dollar has less news on which it can gain in price. All and all, we may see below 1.10 this year, but don't think we will go to 1.00. |
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tee-rex
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February 22, 2015, 08:54:28 PM |
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russia will join eur and it will skyrocket! We'll see all the Bitcoins being mined by 2140 before we see Russia as a part of the European Union. Are you sure that by 2140 there still will be the European Union? Don't ask about Russia, since they have more than a thousand years of rather turbulent history and have all the chances to stay. hem hem... I'm touching the balls!!! little superstitious gesture!!! you guys are crazy , ofcourse russia will join european union , i've read it from my future brain. Agreed, with a capital in Moscow. |
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PenguinFire
Full Member
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Activity: 154
Merit: 100
That Darn Cat
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February 23, 2015, 05:11:48 AM |
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I don't see this happening in the next year; or three even.
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Tobiasz
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February 23, 2015, 11:36:24 AM |
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Yeah that's not likely. This is much too big difference, there would have happen something very unusual like EU breakdown or war.
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neurotypical
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February 24, 2015, 12:21:46 AM |
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Yeah that's not likely. This is much too big difference, there would have happen something very unusual like EU breakdown or war.
Not war but if EUR goes under USD it would be pretty bad, it would at least mean Greece and Spain bailed. |
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picolo
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February 24, 2015, 03:27:55 PM |
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Yeah that's not likely. This is much too big difference, there would have happen something very unusual like EU breakdown or war.
Not war but if EUR goes under USD it would be pretty bad, it would at least mean Greece and Spain bailed. EUR and USD are likely to go down in value against hard assets as more of them are created. Don't believe me, believe the ECB and FED that say they will. |
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jackjohn79
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February 25, 2015, 04:29:32 PM |
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Yeah that's not likely. This is much too big difference, there would have happen something very unusual like EU breakdown or war.
Not war but if EUR goes under USD it would be pretty bad, it would at least mean Greece and Spain bailed. It's a matter of when not if I believe |
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neurotypical
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February 25, 2015, 04:42:34 PM |
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Yeah that's not likely. This is much too big difference, there would have happen something very unusual like EU breakdown or war.
Not war but if EUR goes under USD it would be pretty bad, it would at least mean Greece and Spain bailed. EUR and USD are likely to go down in value against hard assets as more of them are created. Don't believe me, believe the ECB and FED that say they will. Yup but it will be slower than a lot of people would like to think. Everything can happen nowadays tho. |
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kitarohotono
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March 03, 2015, 05:56:02 PM |
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Hamuki
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Merit: 1000
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March 03, 2015, 10:54:50 PM |
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No...
USD will keep being low since no one wants to trade with the US unless the money is paid in Y, £ or €.
USD is not worth what its at atm.. Its just so pumped by the US government.
All of a sudden, its gonna drop like a rock.
The Euro will survive.
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xingming
Sr. Member
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Activity: 322
Merit: 250
Writing to dispel society's myths.
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March 04, 2015, 04:13:51 AM |
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It seem that could really be right but always we can't judge it the same with bitcoin no one can
give an exact range of bitcoin , Maybe USD drop too who know
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tee-rex
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March 04, 2015, 07:42:07 AM |
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No...
USD will keep being low since no one wants to trade with the US unless the money is paid in Y, £ or €.
USD is not worth what its at atm.. Its just so pumped by the US government.
All of a sudden, its gonna drop like a rock.
I've heard such sentiment for over a decade by now (actually since the beginning of 2000s), but all we see is USDX aiming higher and higher every day, so with all due desire I can't see USD being low. What should happen that dollar will drop like a rock? |
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Troonetpt
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March 04, 2015, 11:27:59 AM |
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Is it possible that EUR might drop below USD in 2015? Syriza & ECB QE program
pushing price even lower against USD or do you think euro is at it's bottom right now
and is going to rise soon?
Discussion.
It's possible. If EUR drop below USD, that means USD index over 100. A Fed rate hike may be expected in this summer, the USD index over 100 is possible, it's already over 95. |
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tee-rex
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March 04, 2015, 11:42:18 AM |
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Is it possible that EUR might drop below USD in 2015? Syriza & ECB QE program
pushing price even lower against USD or do you think euro is at it's bottom right now
and is going to rise soon?
Discussion.
It's possible. If EUR drop below USD, that means USD index over 100. A Fed rate hike may be expected in this summer, the USD index over 100 is possible, it's already over 95. And precious metals are also going down (gold being the only currency standing for centuries, which is still being hoarded by central banks). |
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tee-rex
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March 04, 2015, 12:14:33 PM |
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Some say the oil is responsible for this drop. Personally I don't think so. The main causes of the weak Euro are a weak Eurozone economy (flight to safety to US) and now Eurozone QE. Oil is secondary at best.
But what is responsible for the recent drop in oil prices? Or, rather, who is behind it? I will never believe that the last nosedive was due to economic reasons alone, or that they were the primary force driving the oil prices down. |
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