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Topic: American dollar climbs most in 10 months while Bitcoin stagnates - page 2. (Read 3117 times)

sr. member
Activity: 468
Merit: 250
J
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.
full member
Activity: 191
Merit: 100
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
hero member
Activity: 798
Merit: 1000
‘Try to be nice’
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.
sr. member
Activity: 322
Merit: 250
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.
newbie
Activity: 5
Merit: 0
hero member
Activity: 658
Merit: 501
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.
member
Activity: 111
Merit: 100
Miners still investing heavily in mining hardware. They have to get an ROI so they mine and sell mine and sell mine and sell.

Until changes, price will continue to fall.  Maybe the next block halving the rate of new miners coming online will decrease.
newbie
Activity: 42
Merit: 0
Dont pray that dollar will drop. It will surely create chaos. What will happen to all of us.
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
I would disagree with this. Just because a currency has a very small unit of account does not make it overall worth less.

You should also remember that fiat is actually backed by something (the economy of the country of the government that issues it) while crypto currencies are not
Bitcoin is backed by observable mathematical truth. The laws of the universe as we know them.

National FIAT scrip is backed by deception and violence.



Learn about the PETRODOLLAR.

This is how the value of FIAT is propped up:

full member
Activity: 137
Merit: 106
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.
I would disagree with this. Just because a currency has a very small unit of account does not make it overall worth less.

You should also remember that fiat is actually backed by something (the economy of the country of the government that issues it) while crypto currencies are not

Everyone who owns bitcoin is part of our bitcoin economy, which is what backs the value. So exactly the same as freely traded fiats. If markets want to crash a fiat currency, it can and does happen just like bitcoin.
legendary
Activity: 1316
Merit: 1000

What is it up 1% or something?  Grin  - sideways move before collapse somewhere in not too distant future is likely outcome.
full member
Activity: 139
Merit: 100
full member
Activity: 173
Merit: 100
Quote
The Federal Reserve is getting close to raising interest rates for the first time in eight years.
The dollar is still the most important reserve currency and playing a significant role in the financial world. The event that interest rates will be raised soon will significantly change the market sentiment of dollar to bull. Every trader who know how big the dollar will be impacted by this event will not give up this great opportunity, will definitely dump the new created bitcoin and choose the dollar.

With Bitcoin you know exact amount of Bitcoins available at any time, with dollar you have no idea how many dollars available at any time - so you may get higher interest rate but also much more new dollars available reducting value of your dollars. So saying "great opportunity" is bit off
legendary
Activity: 2436
Merit: 1561
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/

If the bitcoin stagnates, meaning BTC/USD rate sitting on the same level, and USD 'climbs'*, wouldn't that mean that BTC also 'climbs'?


*'Climb' in these terms means that Japanese Yen is losing value quicker than USD, not that USD is gaining in value (purchase power).
legendary
Activity: 1386
Merit: 1016
Quote
The Federal Reserve is getting close to raising interest rates for the first time in eight years.
The dollar is still the most important reserve currency and playing a significant role in the financial world. The event that interest rates will be raised soon will significantly change the market sentiment of dollar to bull. Every trader who know how big the dollar will be impacted by this event will not give up this great opportunity, will definitely dump the new created bitcoin and choose the dollar.
full member
Activity: 196
Merit: 100
Hi
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.
I would disagree with this. Just because a currency has a very small unit of account does not make it overall worth less.

You should also remember that fiat is actually backed by something (the economy of the country of the government that issues it) while crypto currencies are not
hero member
Activity: 784
Merit: 1000
https://youtu.be/PZm8TTLR2NU
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.
sr. member
Activity: 406
Merit: 250
AltoCenter.com
I believe it's the beginning of that golden era for Bitcoin, the peak where it will rise like the morning sun and relish all the light. Cool Cool
sr. member
Activity: 266
Merit: 250
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/

The threaten of Bitcoin to Bank becomes stronger, which illustrates that the Bitcoin system has the power to replace bank system. The more the bank ban Bitcoin, the stronger the life power of Bitcoin is. I will hold my Bitcoin  tightly, I believe its spring will come sooner or later.
legendary
Activity: 4270
Merit: 4534
12 months ago bitcoin was only $100 now its $470.... has the OP missed the point that fiat may change from 0.001% interest to 0.002%, whilst bitcoin has climbed over 470%

stagnation.. WTF.. first the cry about volatility then they cry of stagnation.. yet both have no clue
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