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Topic: AUD is falling! lucky I have bitcoin - page 2. (Read 2230 times)

full member
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Merit: 100
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May 27, 2013, 03:17:44 AM
#10
Australia has been one of the few safe havens during the financial crisis.

So with AUD down, commodities down, stocks down....

What's left? Cryptocurrencies of course...
full member
Activity: 182
Merit: 100
1Kgyk4nQSzb3Pm9E9vWiGVyJ6jpPwripKf
May 27, 2013, 03:07:17 AM
#9
Australia is a country that does not make our own things. this means we import them so the falling dollar means you can't buy as much. this pushes the price up on everything in Australia. it's not a good thing at all. the only reason I am saying it's good for me is because I am not losing anything due to holding bitcoin.
this is a good resion for people to get onboard with bitcoin.
member
Activity: 174
Merit: 10
May 27, 2013, 02:57:18 AM
#8
Fall dollar fall!

I spend a few $k on car parts from the US a few months ago, and with no more desire to buy much overseas now it is down, the drop is only beneficial to me and my coin holdings.
full member
Activity: 182
Merit: 100
1Kgyk4nQSzb3Pm9E9vWiGVyJ6jpPwripKf
May 27, 2013, 02:44:43 AM
#7
I think more Australia's will notice bitcoin in the near future. it's a good time to be involved  Grin
newbie
Activity: 30
Merit: 0
May 27, 2013, 02:43:57 AM
#6
pǝʇɔǝɟɟɐ ʇou ɹǝsn uıoɔʇıq
buıʇǝɯɯnןd ɹɐןןop uɐıןɐɹʇsnɐ
full member
Activity: 204
Merit: 100
May 27, 2013, 02:39:46 AM
#5
As an Australian, I wish I had more BTC to hedge against the double whammy the country is about to get : falling currency and falling gold/silver/commodity prices...
hero member
Activity: 504
Merit: 500
May 27, 2013, 02:31:16 AM
#4
As an Australian, I'm loving this fall. Keep going!
full member
Activity: 182
Merit: 100
1Kgyk4nQSzb3Pm9E9vWiGVyJ6jpPwripKf
May 27, 2013, 01:56:17 AM
#3
I have made 5% on my money over the last month just from the Australian dollar dropping. lustre bitcoin growth.
woohoo!
hero member
Activity: 721
Merit: 523
May 27, 2013, 01:50:42 AM
#2
yes, I am glad I also have BTC and LTC instead of AUD
full member
Activity: 182
Merit: 100
1Kgyk4nQSzb3Pm9E9vWiGVyJ6jpPwripKf
May 27, 2013, 01:45:26 AM
#1
Aud has been taking a big hit lately and is expected to fall to a low not seen in years! Dam it's good thing I am holding bitcoin rather than the unstable AUD.
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