ajareselde
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Satoshi is rolling in his grave. #bitcoin
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March 22, 2015, 11:58:58 PM |
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Its funny how we constantly predict fiat (in regards mostly to USD) collapse, but in the end it pushes forward. Dollar most certanlly wont collapse anywhere near 2015 (if it collapses at all), but it will however wage a big war with EUR in the following years. TBH both currencies have a lot of problems and instability, but that doesnt mean that there will be some epic fail on their parts, since theyre competing with the rest of fiat money, which has similar issues. The only thing that could happen is the rise of other valuables on the market compared to majority of fiat, like gold(but not much, since it already rised alot ), and bitcoins..
cheers
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johnyj
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Beyond Imagination
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March 23, 2015, 01:56:34 AM |
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I think crisis could first start from some small countries on Forex market, and then followed by a currency war between major nations, and then the shock spread into domestic market, to reduce the people's trust in fiat money. But at the same time people must have alternative currency to move into if fiat money is losing traction, it will take some years
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lyth0s
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World Class Cryptonaire
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March 23, 2015, 02:03:56 AM |
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I don't think usd can collapse any soon. Eur and chf are riskier right now
Exactly. The collapse potential of the Euro is much much higher right now than the USD. With that being said though in terms of real price inflation in the US that may go up very quickly in the short term if china starts dumping their USD back into our economy in exchange for goods and precious metals.
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TXWA
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March 23, 2015, 02:48:00 AM |
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I think it will not collapse in 2015, but I guess in the next few years. Before this happens, the Euro will go down first.
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galdur
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March 23, 2015, 03:31:31 AM |
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The Euro has already collapsed, is now on the rebound. The Dollar has ballooned, is now correcting. Nothing unusual really, it´s just the market.
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sidhujag
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March 23, 2015, 03:36:43 AM |
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Eur and usd are imverse.. After euro is removed usd will be at peak prob 150ish then usd will goto 0
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stonerider
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March 23, 2015, 04:18:06 AM |
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If the USD were to collapse, then you'd have bigger and nastier things to worry.
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sidhujag
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March 23, 2015, 04:44:42 AM |
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If the USD were to collapse, then you'd have bigger and nastier things to worry.
Not if when
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LitcoinCollector
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March 23, 2015, 08:04:11 AM |
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there is a chance that the euro might collapse first, seeing the recent trend, dollar seems strongher, i voted no
I agree. Europe need so much oil. A weak euro is not good for Europe. Well it is good for export.
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galdur
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March 23, 2015, 08:23:45 AM |
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there is a chance that the euro might collapse first, seeing the recent trend, dollar seems strongher, i voted no
I agree. Europe need so much oil. A weak euro is not good for Europe. Well it is good for export. Right, and the strong dollar is terrible for U.S. exports. Also the higher the greenback the fewer dollars U.S. multinationals (which lead the stock market) get to book as revenue and profits back home. Which has to hit the stock market sooner or later unless it doesn´t really believe that the dollar´s strength will last for long.
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deisik
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March 23, 2015, 08:39:45 AM |
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there is a chance that the euro might collapse first, seeing the recent trend, dollar seems strongher, i voted no
I agree. Europe need so much oil. A weak euro is not good for Europe. Well it is good for export. Right, and the strong dollar is terrible for U.S. exports. Also the higher the greenback the fewer dollars U.S. multinationals (which lead the stock market) get to book as revenue and profits back home. Which has to hit the stock market sooner or later unless it doesn´t really believe that the dollar´s strength will last for long. The US exports consist of debt, so the higher the dollar the more they will be able to export their debt (since people across the world would value the US dollar dearer). The US international corporations trade in local currency, though their prices are still mostly bound to the US dollar exchange rate, thus their revenue stream may decline due to competition, but the degree of this decline remains to be seen...
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galdur
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March 23, 2015, 08:50:42 AM |
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there is a chance that the euro might collapse first, seeing the recent trend, dollar seems strongher, i voted no
I agree. Europe need so much oil. A weak euro is not good for Europe. Well it is good for export. Right, and the strong dollar is terrible for U.S. exports. Also the higher the greenback the fewer dollars U.S. multinationals (which lead the stock market) get to book as revenue and profits back home. Which has to hit the stock market sooner or later unless it doesn´t really believe that the dollar´s strength will last for long. The US exports consist of debt, so the higher the dollar the more they will be able to export their debt (since people across the world would value the US dollar dearer). The US international corporations trade in local currency, though their prices are still mostly bound to the US dollar exchange rate, thus their revenue stream may decline due to competition, but the degree of this decline remains to be seen... The accounts they send the SEC and the market are squared in dollars so the higher the dollar the less worth in dollars their foreign revenue has to be on the books back home in the U.S.. Unless they have some cookery to cover that. Remember; a rising dollar imports deflation into the U.S.
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deisik
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March 23, 2015, 09:33:54 AM Last edit: March 23, 2015, 10:46:56 AM by deisik |
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there is a chance that the euro might collapse first, seeing the recent trend, dollar seems strongher, i voted no
I agree. Europe need so much oil. A weak euro is not good for Europe. Well it is good for export. Right, and the strong dollar is terrible for U.S. exports. Also the higher the greenback the fewer dollars U.S. multinationals (which lead the stock market) get to book as revenue and profits back home. Which has to hit the stock market sooner or later unless it doesn´t really believe that the dollar´s strength will last for long. The US exports consist of debt, so the higher the dollar the more they will be able to export their debt (since people across the world would value the US dollar dearer). The US international corporations trade in local currency, though their prices are still mostly bound to the US dollar exchange rate, thus their revenue stream may decline due to competition, but the degree of this decline remains to be seen... The accounts they send the SEC and the market are squared in dollars so the higher the dollar the less worth in dollars their foreign revenue has to be on the books back home in the U.S.. Unless they have some cookery to cover that. Remember; a rising dollar imports deflation into the U.S. I guess this will be offset by the corresponding stock market growth. Regarding deflation, the remedy is well known and tested in years (quantitative easing). The fact that it will support stock markets as well is also acknowledged and confirmed many times by now...
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bitboy11
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March 23, 2015, 11:00:54 AM |
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What a joke...don't you know that it is actually the Immortal Dollar? It will never die!!!
The US Dollar is the backbone of this planet. It's not going anywhere...it's staying right here.
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5000Bitcoins
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March 23, 2015, 11:25:44 AM |
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Voted no, I don't think it will happend, atleast not in my lifetime. Maybe I have the dangerous mindset of 'it is too big to fail' but I am more inclined to believe we will see the Euro collapse long before the USD does.
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countryfree
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Your country may be your worst enemy
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March 23, 2015, 11:48:08 AM |
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I don't want the dollar to collapse. Would you like a world where the strongest currency would be Chinese?
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I used to be a citizen and a taxpayer. Those days are long gone.
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bitbunnny
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WOLF.BET - Provably Fair Crypto Casino
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March 23, 2015, 12:01:31 PM |
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I don't think that it will totaly colapse, they will save it
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galdur
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March 23, 2015, 01:43:37 PM |
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Pretty amazing, huh ? The dollar totally mauled the rest but has been retreating a bit lately. Not sure if the rally can be called off yet, we´ll see.
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Rw13enlib88 (OP)
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March 23, 2015, 01:57:25 PM |
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Low rates will trigger unrest as central banks lose control - BISBank for International Settlements warns that low rates risk backlash as effects spill over into the real economy Low inflation, bond yields and interest rates around the world will push the boundaries of economic and political stability to breaking point if they continue on their downward trajectory, the Bank for International Settlements has warned. The Swiss-based "bank of central banks" said the "sinking trend" of global rates would push countries further into uncharted territory. It highlighted that $2.4 trillion (£1.6 trillion) of long-term global sovereign debt was now trading at negative yields, with an increasing number of investors willing to pay governments for the privilege of lending to them. "As bond markets show us day after day, the boundaries of the unthinkable are exceptionally elastic," said Claudio Borio, head of the Monetary and Economic department at the BIS. "The consequences should be watched closely, as the repercussions are bound to be significant." http://www.telegraph.co.uk/finance/economics/11479425/Low-rates-will-trigger-civil-unrest-as-central-banks-lose-control-BIS.html
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