Topic: English Pound VS Europe Euro Vs US dollar (Read 2328 times)

That may be as dangerous as hell

If you just come to think of some currency as being worthy of possession, but don't have any viable explanation for your inclinations (in other words, you just like it for whatever reason), this may lead to catastrophic consequences if you really decide to go with it and actually pour your money into it. You should be very cautious in respect to your "gut feelings" since they may be very deceptive. The reason for that is very simple though. You think of yourself as being unique while, in fact, you are not ("on a scale of 1 to 10, you probably think you're a seven, and you won't be alone..."), just like your gut feelings ain't. And the market knows everything about what you might feel, probably more than you can even imagine yourself, with devastating results for your investments

I am not an Englishman but I will go with pounds. They know how to make their money stronger and they have been doing it for a long time. There is more to it than that. Perhaps some hidden agenda's are also existing to make it last longer.

British Sterling will be worse than Euro or USD.

Euro is also having big problems right now as well as the US dollars. The possible to rise to number one will be English Pound if we only look at the selection. But its hard to determine since US dollars is again more lively than ever after Trump won the election. So, in this case its too early to sat that   US dollars may crash as well as the Euro.

Euro is not a good option now, I think dollar will still had the power to become the first choice, dollar already so famous and had become international currency for decades, I don't think there will be any currency can take down dollar , even though the other currency has a better rate but other country prefer to used dollar as the payment

The Euro is a meme now, it's not like it was going to retain a ton of power for the long-term anyways, especially when you consider the economic situations of a lot of the countries in Europe and the actual value a lot of the continent generates.

It's definitely interesting to look at the rates now, though. Everything is losing against the dollar and the dollar keeps racing ahead.

As I see on the exchanger dollar will kick ass to euro soon, they are almost similar now buy the price. But I remember that couple years abo the difference was about two times (euro was higher).  But bitcoin is on the top from all of this currencies now.

See this picture? Do you know what i see when i look at this picture? I see this:



One colony has left the herd.

There are 4 major colonies left. And 2 of them are very sick as fuck. You can call them, sickfucks. The others left are the scavengers. Gettig fed by the majors' shit. They aren't worth mentioning. They will die either way.

Now 1 of those sickfucks are sick as fuck. And it is going to die. And while it is dying, it will kill the others. Look how Greece the little fuck created such a big mess? What do you think it is going to happen If Spain or Italy does the same?

http://www.zerohedge.com/news/2016-09-10/why-eurozone-will-self-destruct

"Why the Eurozone Will Destruct

Germany will pay one way or another for the massive imbalances between the creditor and debtor Eurozone countries.

Eventually Spain, Greece, or Italy will realize it is impossible for them to pay back what is owed.

Once that realization sets in, some country will default on their euro-denominated liabilities. Beppe Grillo’s Five Star Movement in Italy is on board with that idea already.

There are only three possible paths at this point.

Three Alternative Paths

Germany and the creditor nations forgive enough debt for Europe to grow
Permanently high unemployment and slow growth in Spain, Greece, Italy, with stagnation elsewhere in Europe
Breakup of the eurozone
Germany will not allow #1. It is unreasonable to expect #2 to last forever. The only door left open is door #3.

The best move would be for Germany to leave the eurozone. Germany is in the best shape to suffer the consequences.

Unfortunately, the most likely outcome is still a destructive breakup of the eurozone, starting in Italy or Greece."

***Some major shit is on its way.

Italy is in a very deep shit too. Haven't you heard the news about Italian banks? They are about to collapse. Merkel feeds them as she did to Greece.

**As deisik mentoned, France and Germany are the backbones. They are the brain. Germany is the left brain and France is the right brain. (or you can say germany is the left ball and france is the right)**

When she stops feeding her babies, there won't be anymore Europe.

Why do you think Norway is not in the EU? Norway do not need EU that's why. England didn't need EU too (otherwise they would use EURO instead of Pound) but they are just tricked by Germany/France. They didn't want to be the bad guy, the black sheep. They weren't a real member anyway, they just prentended like they are a member of EU... till this summer...

As I gather it, France along with Germany make up the backbone of the EU. So, in a sense, they can't leave it like the UK did (which has never been an integral part of the EU in the first place). France "leaving the EU" means dismantling it altogether, just like the three major republics of the former USSR colluded in 1991 and the Soviet Union ceased to exist...

Whether something like this will actually happen, or could happen, remains to be seen, though

What about countries like italy and france, lets assume either leave that could be enough for EU to collapse?  Both these 2 countries are in top 10 economies in world.   France in at #6 just behind UK and UK got to leave... well we assume we are leaving, just really slowly.

The others remained in the EU are just foot soldiers. They cannot leave EU by their own will. Look at Greece, Spain, Portugal... Do you think they can leave EU without a permission from Merkel? They can't. Germany owns their ass. Aunt Merkel will manifacture more BMW's to feed them. When she can't sell anymore BMW's... Now that is going to be a big trouble, and sooner or later it will happen.

How long you think euro will even last though, you rank it #2? what happens when everyone leaves the EU? The UK leaving was probably just the start.

1. US dollar
2. Europe Euro
3. English Pound

These are my rankings, US dollar is strongest currency in recent 15 years. Euro is undoubtedly no.2, nowadays RMB/CNY is 3rd.

It's just in their rate and however, if the dollar is not getting a stable will affecting the other fiat currency and that is showing high or low the rates is not determine if the fiat currency is having a high rate can be a king.
and some factor is can affect the exchange rate of currency.
1 the differences of inflation level between 2 countries,
2 the differences of interest level between 2 country
3 the balance of trade
4 public debt
5 the ratios between import prices and export prices
6 the stabilization of economics and politics in the country.

Yeah so im kinda hoping the pound goes to equal value with the dollar or less, what you guys think the chances are of that happening?  So far the GBP has not recovered at all since brexit and our interest rates over here just got cut again.  Its great news for me because im hedged in bitcoin

This figure is mind-boggling of course (sorry, I resized it to normal), but let's look at it from another angle. The size of the US economy is estimated at around $18.6 trillion, so the debt to economy size ratio is somewhere around 22.4 / 18.6 = 1.2. This debt primarily consists of government (Treasury) issued bonds, so-called treasury securities (often referred to simply as treasuries). I don't know its exact structure, and everyone is welcomed to chime in on this matter. On maturity the US government pays a coupon payment on these bonds. If we consider this debt not as debt (someone owes someone else) but as a stock of a company and, consequently, the coupon payment as dividends, we would see that the US as a public company is in fact valued quite accurately, close to a par value of sorts (maybe, somewhat overpriced)...

Anyone is entitled to disagree with my considerations, but just disagreeing for the sake of disagreement won't do

Debt has literally become a form of modern-day slavery, and to be honest how they set up the system is ingenious and something that most people should be mad with put also fascinated by. They literally tightened all their grips after the second world war, and there was a period of "prosperity", however now there are too many issues with the economy for that to be considered as a fact.

One day Bitcoin or some (hopefully) decentralized currency might become the norm, but a single currency that was centralized would be just as bad, if not worse.

until now poundterling price still in higher
euro and US dollar still under poundsterling about price

All currencies are strong, and there is huge market for all three currencies. I don`t like any currency, its same thing with different names. While they struggle for domination, bitcoin will sneak on the small door. Its how I see the future, in new digital era there will be no place for fiat money. Everyone will need to have credit card, and paying will be only possible like that. Bitcoin will give us at least some anonymity, cause with banks and credit cards we are very easy target to follow.
Its control of the world, they use money to control masses, thats why I would like bitcoin to become number one currency in the world.

If the US is always becoming a big banker in the world and actually the another type of fiat currency will die or dominated by USD.... US is still holding the predicate of a big banker on this time.

I was just thinking about this the other day.
Pound lost so much of it's worth and I got a hit taking it because I was holding some when the brexit hit. That was a big loss to me.
The Euro is strange because it is only valuable if all of the EU are backing it and if one fails then that currency takes a hit along with everybody else.
USD is the only one that seems to stay strong no matter what happens. It is as stable as a currency can get because of all the business that has so much backing into it even from the foreign market like China has some ties to it's success.

The point to note that the debt of the US is denominated in USD, which they can print. 
The US is leading a precarious life, but it is in everybody's interest for the US to stay stable. Instability would cause massive upheavals across the world.

There is no currency which will be always on top. If you study history of economy more, then you will see that every generation thought they achieved economic stability which in fact was total lie.
Since beginning of time empires rise and fall, and with them their money, you think that USA will be lasting forever just because it is the only thing we know?

Quick hint: total government debt in the United States is expected to be $22.4 trillion.

That's pretty funny. I'm not sure if you are joking or not. In my opinion, neither Hillary nor Trump will be able to fix anything. The whole society is dependent on the fiat money system and that fiat system is on the verge of collapse. There is nothing that can be done about it. The current leadership is just buying time, because it's unable to solve the associated problems in a socially responsible way. When the fiat scam can no longer be sustained and is finally exposed to reality and everything must be written off, the USD will become worthless along with all the other fiat trash currencies (EUR, GBP,...). It will be a gigantic value correction and the majority of the population will have to start from zero. There is no leader that will be able to prevent this, because it's a deeply rooted problem of the monetary system the whole economy relies on.

Still I think that Trump is a better option than Hillary, because he is less attached to the banking elite and will be able to communicate things more realistically. This will be helpful in the winding-up of the fiat system.

ya.ya.yo!

That's one of the most hillarious posts that I've read here recently. It reminded me about Boris Yeltsin, the late president of Russia, who had been officially declared dead on April 23, 2007. When Yeltsin ran for presidential elections in 1996, there was a constant flow of rumors claiming that he had already died by that time and was replaced by a body double. When Putin came to power in 1999, these rumors had resurfaced, namely, that Yeltsin kicked the bucket on August 7, 1999...

So he may in fact be still alive and sticking around somewhere

the usd will always be on top, it was always on top since the start of this fiat money or i'm wrong? why something else should come on top aand beat it? it has the best spread in the world, no other currency can come close

This is highly debatable. The fact that the Euro is used as an official currency ("legal tender") in a greater number of countries doesn't tell us much and may actually be utterly misguiding. A lot truer yardstick in this type of argument ("usd vs euro") will be the amount of goods produced in the euro and dollar zones, respectively. Since the exchange rate of these currencies is quite close to parity, it can be completely discarded for the purpose of making a rough estimate. Thereby we could directly compare the economies of the US and the EU without adjusting for it...

And I guess the outcome of such a comparison won't be definitive by any means (€16.2 trillion vs $18.6 trillion)

Trump is going to make USD great again. Hillary and her ancestors ruined USD from 2000 to 2016. Trump is there to fix their shit. Hillary is about to die anyway. She is collapsing very frequently. She is not going to last till the elections. She may even be dead by now. There is no news from her for a few days. CIA is probably searching for a fake Hillary to replace her.

Hahaha yeah you are correct to some extent. Pound is almost dead after brexit it doesn't have much value left. It's only usd vs euro though euro is circulated is more countries still usd is still the dominating currency currently but I can change, especially is Trump becomes president lol.

The UK has independent economy policy which makes the Pound sterling an independent currency. It is better than Euro.

I believe some of these currencies is the strongest - this is the English Pound. Even in spite of the political events of the currency stable than the others. Euro trust the least.

Just in case, parity is parity, and it can't be anything but 1:1. What you meant to say is obviously called an exchange rate, though I still somewhat disagree with your point that the Euro is going to join the Sterling in the afterlife any time soon. Don't know about the British "Empire" (in short, what's lost is lost), but if the EU (read Germany) changes its vector from West to East, they might have a chance after all. Look, whenever Europe goes against East (what it blindly does right now with the orders from Washington, D.C.), it inevitably gets trumped down in the end...

This is karma, and they should do something about it

Pound is dead.

Euro is going to die soon and join to the pound.

USD...

USD... USD will live forever.

USD is the major currency in the SDR (%41) and with the Yuan joining to the basket in Oct 1, Euro will lose %10 of its weight in the SDR. And when the FED raises interests, parity will go below 1.

Fiat will be there as long as there are states as we know them. It is just another aspect of the state and its centralized nature. Gold when it was money certainly stood out of the picture, therefore it was only a matter of time when the state would get rid of it as money. Now we are leaning towards even more powerful states (in terms of control over population) or just one global superstate...

I gather it will hardly give up fiat as a means of control voluntarily

I think China is bubble. According to goldman sachs they make new depts every year of about 13% of their national output.
Even greece only managed to reach such a level at the top of the global finance crisis. That will not work for ever.
Europe has potential, the question is if they can show a little bit more unity.
At the moment there is nothing else but the dollar to be considered as the most important currency. And bitcoin of course.

European economy isn`t growing and the EU might collapse.

I think that the Chinese currency is the future.

USA is still strong but anything could happen ,if Donald Trump becomes president.

 

The pound is lots of fun but let's see where the UK stands in world markets post EU exit. There may not be much reason to mess around with it if we end up a third world backwater.

The Euro is a political creation. We need to see where the politics head in the years to come to know whether it's going to remain a fine bet.

It's not easy to say,these are all currencies that have theirs pros and cons and it depends on a lot of things,you can't say which is best

I don't think so. Strong Euro is a facade. Europe is weaker with every passing year. They political influence is shrinking, they can't find a solution to end internal migrant crisis.
Not to mention they are weaker economically. They are losing global hegemon position alongside U.S. in favor of Russia and China.

Euro as a currency might seem stable now, but I wouldn't be so sure about its strength in 2-5 years.

A lot of section in the world is put their hand into the dollar value and why this can be happen? but for me more interesting with euro than dollar.

http://www.wsj.com/articles/SB10001424052702303722104579237853762008142

The Euro will come back strong, just you wait. The days of US dollars are numbered, enough of funding wars and letting innocent people die just to keep the demand for USD high.

Euro is a sinking ship. I am happy that I converted the far majority of my EUR savings to USD when the exchange rate was 1EUR=1.3XUSD. If I didn't do that, then my silly Euro's would buy me 18-20% less Bitcoins right now.

US dollar is dominating all currencies today by my opinion, it dominating even Euro. From what depends price of Euro? I do not know from what. But everyone know from what dollar takes it's price; it is oil, politic, worlds conflicts and so on. So Everytime I see dollar grow I see Euro grow as well.

All three of them are worth shit, because it's value is being manipulated by their governments. These fiat currencies are being printed at the same rate as the production of toilet paper. The Bitcoin price/value is based on real supply and demand principles and the supply is fixed in the protocol, to prevent manipulation.

Only consensus can change any of these principles and that will not happen soon, because too many people have a vested interest in it not being changed. Why would anyone invested in Bitcoin allow the cap to be increased? It will lower the value of their current bitcoins. ^hmmmmmm^

If you think that Pount Streling is so good then compare Soccer Transfer Market (where pounds are used) and its market cap with global Oil trading, where Petrodollar dominates.
I don't know exact numbers but I doubt Soccer market covers even 1% of global oil trading operations. There is no really reference how far from each other value of these markets lies.

It makes sense for countries either in the European Union or close to the EU to be trading in the Euro Fiat currency.  It would be an unnecessary double transaction to exchange funds from one currency to the USD then to the Euro when they can just trade directly with European Banks and traders.

I think English Pound is really good, because it's being used by soccer industry in big amount. In the other hand, US Dollar also good, but it's not popular anymore imo.

Correct. I'm a bit shocked seeing people talking in a Bitcoin forum about fiat currencies having a future. Maybe it was just a joke, or we are really having too many trader-type speculators that have joined Bitcoin only to make a quick fiat buck, not caring about the concept at all. That makes me sad. 

All fiat currencies are trash and they will ultimately return to their inner value: Zero. This process is accelerating at high speed right before our eyes. Central banks worldwide are expanding the monetary base at never seen proportions to keep the debt-addicted system running a few more years. Anybody that has some brain will invest in something that has real value, before the effects of monetary inflation will be unleashed.

ya.ya.yo!

bitcoin is the future, well, at least for as long as the current world lasts anyway.

fiat has no future at all.

English pound is very strong, we know that the English have many colonies and wealth were very abundant,
Europe Euro does not have a bright future with the English release of the euro economy,
US dollar became the currency of very influential in this century despite many crisis in late but the dollar still dominates world markets

As i know Swiss is the best country for anything, even breathe, they have an amazing system that allows their people to live pretty well, i doubt there are any swiss person here or trying to get an extra income online, sure they may have some stores but besides that, they dont need, some people i meet just went to there earning 3-5x more. And as soon Europe handle the financial problems dollars will crash.

At the moment the Pound is the most powerful and after that comes the Euro and then the US Dollar. The Euro has dropped recently.
They printed more paper money so the value of it did go down.

I pick Euro and Poundsterling because in euro there are more usefull than dollar for me and big soccer teams also use this 2 main money, dollar is not the biggest now.

DO i have to remind the people who are talking that bitcoin is the future ......tell me this bitcoins have been scammed a million times without any trace ofcourse because they are anonymouse but we can track the real world money hence reducking the chances of scam ..........so i guess bitcoin can never be the future currency unless any government accept it as a digital currency

Here in our country the value of english pound is higher compared to euro and us dollar.  But the basis of our economy is good, if the exchange rate between our currency and US dollar is lower.  The price of Euro before is higher but after the brexit, it went down.  It would be hard for every country to change the trading to euro since for many years, the US dollar is the basis of all currency.

in nowadays Europe is still strongest currency, maybe next is English pound then US dollar. but in future, i guess bitcoin will be dominate all currency  why? because with bitcoin, if we want to go in one country we only carrying bitcoin, and then what we only to do is go to local exchanger and exchange our bitcoin into that money exchange. is more simple and fast transaction, still its anonymous

Swiss franc as far as I know this year was equal to u.s dollar or maybe did worth more than one u.s dollar, the euro itself is not going good because of the recent brexit, the british pound is going down as we can see on the chart, I always thought that bitcoin is a good alternative to those and I still think but not like before because of the recent drop which I think is because of the bitfinex hack.

Swiss franc is the future. Has always been and will always be. Euro is a handy euphemism for Reichsmark, never ends well

i think euro is the future ..us is trying hard to keep the domination of us dollars and by circulating us dollars all around the world they are keeping their economy strong so that they can keep hold on different poor or needy countries and due to this policy they invaded iraq syria and libya and all other countries to keep the domination of us dollar and now iran is challenging us by trading in euros so euro is the future of trading