Dollar coming to an end - page 10. | Bitcointalksearch.org

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: oblivi on January 11, 2015, 09:13:07 PM

Quote from: NotLambchop on January 10, 2015, 03:08:22 PM

Quote from: Erdogan on January 10, 2015, 02:23:38 PM

Quote from: Possum577 on January 10, 2015, 02:21:08 AM

The dollar isn't going anywhere as long as it's used to BUY BITCOIN!

Smart guy. When you buy ~~bitcoin~~ dollar with ~~dollars~~ bitcoins you stimulate ~~bitcoin~~ dollar and depress ~~dollars~~ bitcoins. Marginal, you can't measure it but it is there.

FTFY

Well we can play that game all day.

That's the point. When Bob spends dollar to buy Bitcoin from Al, Al spends Bitcoin to buy dollar from Bob.
When a coin is bought, it is (at the very same time) sold.
Basics which many of our esteemed financiers fail to grasp.

Ingatqhvq

hero member

Activity: 532

Merit: 500

Dollar hard to an end.

oblivi

hero member

Activity: 700

Merit: 501

Quote from: NotLambchop on January 10, 2015, 03:08:22 PM

Quote from: Erdogan on January 10, 2015, 02:23:38 PM

Quote from: Possum577 on January 10, 2015, 02:21:08 AM

The dollar isn't going anywhere as long as it's used to BUY BITCOIN!

Smart guy. When you buy ~~bitcoin~~ dollar with ~~dollars~~ bitcoins you stimulate ~~bitcoin~~ dollar and depress ~~dollars~~ bitcoins. Marginal, you can't measure it but it is there.

FTFY

Well we can play that game all day.

NotLambchop

sr. member

Activity: 378

Merit: 254

Quote from: Erdogan on January 10, 2015, 02:23:38 PM

Quote from: Possum577 on January 10, 2015, 02:21:08 AM

The dollar isn't going anywhere as long as it's used to BUY BITCOIN!

Smart guy. When you buy ~~bitcoin~~ dollar with ~~dollars~~ bitcoins you stimulate ~~bitcoin~~ dollar and depress ~~dollars~~ bitcoins. Marginal, you can't measure it but it is there.

FTFY

neurotypical

hero member

Activity: 672

Merit: 503

Quote from: Erdogan on January 10, 2015, 02:23:38 PM

Quote from: Possum577 on January 10, 2015, 02:21:08 AM

The dollar isn't going anywhere as long as it's used to BUY BITCOIN!

Smart guy. When you buy bitcoin with dollars you stimulate bitcoin and depress dollar. Marginal, you can't measure it but it is there.

The next step is buying Bitcoin with Bitcoin.

Erdogan

legendary

Activity: 1512

Merit: 1005

Quote from: Possum577 on January 10, 2015, 02:21:08 AM

The dollar isn't going anywhere as long as it's used to BUY BITCOIN!

Smart guy. When you buy bitcoin with dollars you stimulate bitcoin and depress dollar. Marginal, you can't measure it but it is there.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: Possum577 on January 10, 2015, 02:21:08 AM

The dollar isn't going anywhere as long as it's used to BUY BITCOIN!

You could imagine buying bitcoins in Swiss France, Yuan, Gold or with your possessions or time.

Possum577

sr. member

Activity: 434

Merit: 250

Loose lips sink sigs!

The dollar isn't going anywhere as long as it's used to BUY BITCOIN!

Hope78

newbie

Activity: 28

Merit: 0

Quote from: BillyBobZorton on January 09, 2015, 01:59:52 PM

What would happen to 99% of hip hop songs? They are all based around making dollars. All the lyrics would be rendered deprecated out of a sudden. What about all these bling bling chains?

You can never go wrong with comercial hip-hop. As long as there tv, radio and internet will exist. This newschool, crappy hip-hop it's made to be sold and make millions. Managers and performers will always fill their pockets. You can't sell a simple thing, thesedays, wrong is the new cool.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: BillyBobZorton on January 09, 2015, 01:59:52 PM

What would happen to 99% of hip hop songs? They are all based around making dollars. All the lyrics would be rendered deprecated out of a sudden. What about all these bling bling chains?

Having a million Dollars is not what it used to be but it will not be extraordinary at all anymore in a few decades.

BillyBobZorton

legendary

Activity: 1204

Merit: 1028

What would happen to 99% of hip hop songs? They are all based around making dollars. All the lyrics would be rendered deprecated out of a sudden. What about all these bling bling chains?

bakedrice

sr. member

Activity: 338

Merit: 250

Quote from: leex1528 on January 09, 2015, 09:04:38 AM

Quote from: bakedrice on January 09, 2015, 08:54:26 AM

perhaps WW3 breaking out could lead to a reshuffle of world powers

It could, but I still don't see that killing the dollar overall. The amount of change that would have to come would be so drastic it is just going to take a lot of time to change. Nothing more than time will change the value of the dollar.

leex1528

hero member

Activity: 784

Merit: 1000

Quote from: bakedrice on January 09, 2015, 08:54:26 AM

perhaps WW3 breaking out could lead to a reshuffle of world powers

It could, but I still don't see that killing the dollar overall. The amount of change that would have to come would be so drastic it is just going to take a lot of time to change. Nothing more than time will change the value of the dollar.

bakedrice

sr. member

Activity: 338

Merit: 250

perhaps WW3 breaking out could lead to a reshuffle of world powers

leex1528

hero member

Activity: 784

Merit: 1000

Quote from: picolo on January 02, 2015, 04:31:17 PM

You can already buy a lot with BTC. BTC could get huge with a price of 40,000$ or more and still be a little bit under the radar.

I don't see that ever happening. 40,000 is a huge number and it just doesn't seem like that could happen. Don't get me wrong I would love it if it did. The dollar will not go away in anyones life time on this board. IT may eventually come to an end but not in our lifetime.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: darkmind on January 02, 2015, 11:46:00 AM

Quote from: xcapator on January 02, 2015, 06:47:02 AM

People are judging the value of their btc against the dollar in one breath and calling the dollar dead in the next, what a joke !

at some point, you won't need to convert to dollar to buy everything you need with cryptos

You can already buy a lot with BTC. BTC could get huge with a price of 40,000$ or more and still be a little bit under the radar.

Crypty3

newbie

Activity: 42

Merit: 0

Quote from: darkmind on January 02, 2015, 11:46:00 AM

Quote from: xcapator on January 02, 2015, 06:47:02 AM

People are judging the value of their btc against the dollar in one breath and calling the dollar dead in the next, what a joke !

at some point, you won't need to convert to dollar to buy everything you need with cryptos

That's not happening anytime soon.

molecular

donator

Activity: 2772

Merit: 1019

Quote from: mindrust on January 02, 2015, 06:51:44 AM

US Dollars is going to rule the world as long as USA lives.

I was thinking only Euro is strong enough to challange $'s power but $ just kicked €'s a** as he did BTC's a few months ago.

why? the EUR is way ahead in the race to the bottom.

Quote from: http://www.visualcapitalist.com/currency-wars-race-bottom/

Many consider deliberate currency devaluation to be a tool that can help jump start a nation’s economy. The aim of such a practice is to increase exports while encouraging domestic purchases by making goods outside of the country relatively more expensive.

However, like any good prisoner’s dilemma, this might be the case if only one country acted in isolation. The reality is that many major countries engage in the same policy, and the end result – as the infographic details – is a race to the bottom.

The currency war isn't over yet, though.

darkmind

full member

Activity: 182

Merit: 100

Quote from: xcapator on January 02, 2015, 06:47:02 AM

People are judging the value of their btc against the dollar in one breath and calling the dollar dead in the next, what a joke !

at some point, you won't need to convert to dollar to buy everything you need with cryptos

Crypty3

newbie

Activity: 42

Merit: 0

Quote from: General_A on January 02, 2015, 06:57:23 AM

Quote from: mindrust on January 02, 2015, 06:51:44 AM

US Dollars is going to rule the world as long as USA lives.

I was thinking only Euro is strong enough to challange $'s power but $ just kicked €'s a** as he did BTC's a few months ago.

True story..... No one would want to be in the Euro over the dollar anymore!

Or BTC for that matter

Topic: Dollar coming to an end - page 10. (Read 34981 times)