Author

Topic: Euro and current situation (Read 127 times)

legendary
Activity: 2576
Merit: 1860
March 09, 2022, 08:54:16 PM
#11
You're playing Nostradamus here. Do you care to present factual reasons why the Euro will collapse less than a month after the Russian ruble? If you are in an economics class and you present your market prediction this way, you'd be asked to stop before given a failing mark.

For now, you cannot even make mention of Russian oligarchs withdrawing money from EU banks which will cause the euro to fall. Their billions are frozen right now. Their assets as frozen as well. 
copper member
Activity: 2968
Merit: 575
www.Crypto.Games: Multiple coins, multiple games
March 09, 2022, 06:45:18 PM
#10
Why do you think Euro will follow Ruble in few days? Some parts of your post makes no sense at all. What's the reason do you think is behind the inflation? The only thing you are right is that, yes people should invest in bitcoin during times like those (i mean when the economy gets messed up and hyper inflation takes place). Not even gold. During wars, gold and your fiat currency can be seized or frozen by the government. Look at Ukraine. When the war started, the government temporary limited the amount of money everyone could withdraw from the ATM. No one can put such restrictions on bitcoin.
jr. member
Activity: 224
Merit: 5
March 09, 2022, 04:39:38 PM
#9
If you mean the current situation of the inflation rate I would say things are even worst than what we see on the news and the governments officially say about it, just after the war started between Ukraine and Russia the crisis started in Europe and it wasn't all because economic sanctions of Russia actually harms the other countries too, we know during the last months the gas price was increasing all the time and if you consider Russia as the main supplier you can understand the gas price can be increased even much more than this, plus that you should consider the massive money printing on the other side.

Euro will go super high inflated we know but other thing is euro got euro bills but people dont get heated by money or cant eat the money so that europe have problems with gas and all other resources its just start of the madness.

Europe has too many problems now it makes foreign investors to take their assets out of europe and also they want to get rid of euro currency if russian ruble falled so much then euro can fall even more

Sure people will start to exchange their euros to btc and gold but who will want your euros ? Only those who will want buy with better price so you lose of this exchange.

But what the central bank must do ? Same like russia did they have to make rates higher  30% overnoght and yes they have to do it its only measure in their toolbox left.


hero member
Activity: 1778
Merit: 722
Leading Crypto Sports Betting & Casino Platform
March 09, 2022, 03:11:39 PM
#8
If you mean the current situation of the inflation rate I would say things are even worst than what we see on the news and the governments officially say about it, just after the war started between Ukraine and Russia the crisis started in Europe and it wasn't all because economic sanctions of Russia actually harms the other countries too, we know during the last months the gas price was increasing all the time and if you consider Russia as the main supplier you can understand the gas price can be increased even much more than this, plus that you should consider the massive money printing on the other side.
jr. member
Activity: 224
Merit: 5
March 09, 2022, 11:59:54 AM
#7
Euro is going to fall inflation is one reason for that off course also european central banks are only one who dont talk about rate hikes they know no point for that they will let burn euro down if you hold euro you lose value also prices goes higher and higher everybody knows.


You have basically analysed the challenges of hodling fiat and not just euro. If euro is dropping it is not because of the war in Ukraine but an issue of printing and distribution. Also remember that Euro is well challenged for the past years on brexit, so you see the instability and indecision around euro can be affecting it ,it is not that about the war.


First euro then usa then euro will bounce back and usa will fall and china new digital currensy backed SDR .
Euro is good they just will let down euro currency to buy back later cheaper.

Also need to know there is special locations in eu so they cant let mess up all europe zone  dont forget they have maintane and keep good living and safety in switzerland french rivera and monaco so if crisis hit then some parts of eu will be untouched also  spain south side of course should be fine
full member
Activity: 1736
Merit: 121
March 09, 2022, 11:38:16 AM
#6
Euro is going to fall inflation is one reason for that off course also european central banks are only one who dont talk about rate hikes they know no point for that they will let burn euro down if you hold euro you lose value also prices goes higher and higher everybody knows.


You have basically analysed the challenges of hodling fiat and not just euro. If euro is dropping it is not because of the war in Ukraine but an issue of printing and distribution. Also remember that Euro is well challenged for the past years on brexit, so you see the instability and indecision around euro can be affecting it ,it is not that about the war.
legendary
Activity: 2562
Merit: 1441
March 09, 2022, 11:27:43 AM
#5
The european union is structured around a format where wealthy states donate more funds to the EU than they receive, to keep cash flow negative states like greece from bankruptcy. Concerns of default in greece are highly correlated with historical worst performance of the euro as a currency, if I remember correctly.

If wealthy EU states ran into economic difficulties which prevented them from donating funds and keeping greece solvent. It is possible the EU arrangement could default on liabilities and come crashing down. As occurred when the soviet union collapsed in 1991.

In this past precedent, we can see a precedent for future danger.
sr. member
Activity: 2520
Merit: 280
Hire Bitcointalk Camp. Manager @ r7promotions.com
March 09, 2022, 09:21:41 AM
#4
If you really want to preserve the value of your fiat then gold is the best option, I can see the prices of gold is also increasing due to the war then ofcourse you can also accumulate in the form of bitcoin but be ready to HODL if the prices are falling because we are yet to see the real bearish trend in the current cycle which may happen in anytime or a year later. USDT is not good option because it is also going to inflate a lot in the coming years.
legendary
Activity: 1372
Merit: 2017
March 09, 2022, 07:42:40 AM
#3
You express yourself like crap but I'll try to respond to what I believe you are trying to say:

Euro is going to fall inflation is one reason for that...
Euro is following soon less then month to russian ruble.
Best way get out of euro now buy gold btc usdt after one year buy back the euro you make 10x-100x profit.

The situation of the Euro has nothing to do with that of the Ruble. Although it is weakening due to massive printing, it has been weakening since before the war, it is not in free fall like the ruble.

Visit my thread: The ruble is going to hell and you'll see.

The Ruble/Euro graph is very similar to the Ruble/US graph seen in the thread. What has happened is that in this situation, the USD has again been demanded by investors as a safe haven and the Euro has been devalued with respect to it, but nothing to do with the fall of the Ruble.

And of course I don't think the solution to fiat currency devaluation is to play roulette AKA trading as you propose, it is much better to just accumulate Bitcoin.
legendary
Activity: 1064
Merit: 1298
Lightning network is good with small amount of BTC
March 09, 2022, 07:40:38 AM
#2
If you are talking about inflation, why did you mention USD, any local currency issued and controlled  by the central bank will at certain time be devalued by the same government that controls it. Gold and Bitcoin are still both good. But while buying bitcoin, you can consider to check the price history for not to buy at a very high price which may take months or years before it will get to that price after its price has decreased. Some people would have bought Bitcoin at $65000, bitcoin has reduced below that price but if the people have not sold their bitcoin, it can take like 2 or 3 or 4 years before the price of bitcoin can each that price again, but nobody knows, it can take less time before the recovery but I doubt that.
jr. member
Activity: 224
Merit: 5
March 09, 2022, 07:14:53 AM
#1
Euro is going to fall inflation is one reason for that off course also european central banks are only one who dont talk about rate hikes they know no point for that they will let burn euro down if you hold euro you lose value also prices goes higher and higher everybody knows.

Euro is following soon less then month to russian ruble.
Best way get out of euro now buy gold btc usdt after one year buy back the euro you make 10x-100x profit.
Russian oligarcs been warned first to take out assets and currency from european banks they hold large ammount in eurpean banks so if they withdraw their wealth it makes market and euro to fall down but sanctions are not for sanctions the sanctions are for them to take their wealth from locations before everything collapse and crash and sanctions are safe way to do that by not creating panic on the markets and small investors and euro depositors will not pay attention to litlle shake down but the little shake down happens before the big crash
If there willl be no sanctions then the big money the wealthy guys cant withdraw their wealth out with best rates once the olicarcs and big money owners withdraw their funds out of europe the euro will go free fall.



Not a financial advice just educational purpose.
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