Author

Topic: Oh China...Getting Tense (Read 880 times)

legendary
Activity: 1061
Merit: 1001
May 20, 2014, 08:30:41 AM
#7
We'll get our $100K USD Bitcoin but unfortunately a sandwich at Subway will cost $300.   Cheesy

haha
yeah, that's my thoughts dude
full member
Activity: 126
Merit: 101
Be Here Now
May 20, 2014, 08:25:50 AM
#6
we all know that USA is not the oly spying everyone they can,but at least the KGB and the China are good at don't let it leak.

Most probably Obama will cry a little and do nothing, USA is coward against those tht are not weak, and the chinese have the USA economy by its balls.


PS: bitcoin price just broke the 450 barrier, related to this or just end of monday's depression?


Yeah it's definitely the pot/kettle here with the US acting all self righteous with their "No we only do the good kind of spying! Bad China!" bs.

 I know most all of this is orchestrated anyway but it is curious that if they push it and it escalates, China could start posturing by dumping the bonds which would legitimately start a tank on the dollar. I was curious what people here thought about what impact it'd have on bitcoin should something like that happen.

sr. member
Activity: 406
Merit: 250
May 20, 2014, 08:25:41 AM
#5
Drive the price of bit coin below 500, buy a bunch, collapse the dollar=profit!

I am not sure the regime is that smart, but our short sighted leadership has put us in a really bad position.   
hero member
Activity: 616
Merit: 500
May 20, 2014, 01:43:33 AM
#4
we all know that USA is not the oly spying everyone they can,but at least the KGB and the China are good at don't let it leak.

Most probably Obama will cry a little and do nothing, USA is coward against those tht are not weak, and the chinese have the USA economy by its balls.


PS: bitcoin price just broke the 450 barrier, related to this or just end of monday's depression?
member
Activity: 70
Merit: 10
TheSlimShady
May 20, 2014, 12:18:14 AM
#3
We'll get our $100K USD Bitcoin but unfortunately a sandwich at Subway will cost $300.   Cheesy
I guess you are talking a bout inflation here?? so what you mean to say is that the price can rise but the value will remain the same?
hero member
Activity: 756
Merit: 506
May 20, 2014, 12:05:08 AM
#2
We'll get our $100K USD Bitcoin but unfortunately a sandwich at Subway will cost $300.   Cheesy
full member
Activity: 126
Merit: 101
Be Here Now
May 20, 2014, 12:02:30 AM
#1
http://www.reuters.com/article/2014/05/20/us-china-usa-espionage-idUSBREA4J03D20140520

Just saw this today though it was from yesterday. It's not directly bitcoin related but it's definitely going to make a difference in our currency woes...which would then have a definite impact on bitcoin...

China flexes threats on bond dumping. Dollar tanks.

Bitcoin up or bitcoin tanks with it?

Thoughts?
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