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Topic: Play of the Century - page 2. (Read 1961 times)

hero member
Activity: 602
Merit: 500
May 01, 2015, 10:05:26 AM
#5
Exchanging them and holding longer as an altcoin as opposed to the dollar,that would stand to to get more gains,since it s decentralized and volatile you have chances of doubling or even tripling,thereby gaining more value
legendary
Activity: 1316
Merit: 1004
May 01, 2015, 09:32:02 AM
#4
Dollar is inflation. Holding it for the long term is losing value. So ppl are looking to alternative to store value, such as gold.Hopefully bitcoin will coexist with gold, as another important investment tool or way of storing value. Bitcoin, its inherent deflation quality, could become the play of this century.
hero member
Activity: 546
Merit: 500
AKA The Rubber Monkey
May 01, 2015, 08:29:27 AM
#3
So, I'm thinking how can this sham economy keep trucking.

Then I opened up the 5 year dollar index. If this isn't a bubble I don't know what is!

http://quotes.ino.com/chart/index.html?s=NYBOT_DX&t=&a=&w=&v=dmax

What do you guys think the best bet against the dollar is if you don't want to do forex type stuff?

I see there is a triple short etf

http://finance.yahoo.com/q?s=udnt&fr=uh3_finance_web&uhb=uhb2

I'm wondering if it'd be a good play or not. Then I was talking to guys at work and they are like you are going to get payed back in dollars though lol.

When betting against the dollar, some type of tangible asset is usually best. Most people choose gold.
legendary
Activity: 1267
Merit: 1000
May 01, 2015, 05:17:41 AM
#2
Go for it! Wink

There is always the counterparty risk, though.

If you win big on this trade of the century, are you guaranteed to get paid?
sr. member
Activity: 469
Merit: 250
J
April 30, 2015, 01:25:17 PM
#1
So, I'm thinking how can this sham economy keep trucking.

Then I opened up the 5 year dollar index. If this isn't a bubble I don't know what is!

http://quotes.ino.com/chart/index.html?s=NYBOT_DX&t=&a=&w=&v=dmax

What do you guys think the best bet against the dollar is if you don't want to do forex type stuff?

I see there is a triple short etf

http://finance.yahoo.com/q?s=udnt&fr=uh3_finance_web&uhb=uhb2

I'm wondering if it'd be a good play or not. Then I was talking to guys at work and they are like you are going to get payed back in dollars though lol.
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