Price of Euro after grexit? | Bitcointalksearch.org

Hyena

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Quote from: Gronthaing on July 23, 2015, 02:14:25 AM

Quote from: Wexlike on July 22, 2015, 06:54:41 AM

Quote from: Hyena on July 09, 2015, 08:57:32 AM

If EUR was to become equal to USD panic will start because that would be huge news. People remember that EUR is typically worth a bit more than 1 USD. When they hear it's equal they will start converting their euros into dollars and bitcoins which will further accelerate the fall of EUR. EUR is in dead cat bounce, see this topic:
https://bitcointalksearch.org/topic/usdeur-dead-cat-bounce-1112770

And you can't imagine that the euro might surprisingly come out stronger after the greek problem is finally solved?

Ofcourse there is still Portugal left, but it is a much smaller problem at least in the short term

Portugal, Spain and Ireland. And by the time the problem with Greece is solved if it ever is, other countries may be showing signs of problems. Maybe even France and Italy at that point.

The end game is quickly approaching. Prepare yourself for major global events in September and October 2015. In case of alien invasion, bear in mind that it will be a false flag invasion featuring man-made bio-robots that look like aliens. Your euros will be worthless.

Gronthaing

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Quote from: Wexlike on July 22, 2015, 06:54:41 AM

Quote from: Hyena on July 09, 2015, 08:57:32 AM

If EUR was to become equal to USD panic will start because that would be huge news. People remember that EUR is typically worth a bit more than 1 USD. When they hear it's equal they will start converting their euros into dollars and bitcoins which will further accelerate the fall of EUR. EUR is in dead cat bounce, see this topic:
https://bitcointalksearch.org/topic/usdeur-dead-cat-bounce-1112770

And you can't imagine that the euro might surprisingly come out stronger after the greek problem is finally solved?

Ofcourse there is still Portugal left, but it is a much smaller problem at least in the short term

Portugal, Spain and Ireland. And by the time the problem with Greece is solved if it ever is, other countries may be showing signs of problems. Maybe even France and Italy at that point.

azguard

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Quote from: Meuh6879 on July 22, 2015, 04:12:14 PM

Quote from: afbitcoins on July 09, 2015, 05:34:02 PM

The euro will die!

Yes, my lord.

possible but not any time soon more and more Europe countries are collapsing with euro but i dont know if this will be any time soon

Meuh6879

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Quote from: afbitcoins on July 09, 2015, 05:34:02 PM

The euro will die!

Yes, my lord.

Wexlike

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Quote from: Hyena on July 09, 2015, 08:57:32 AM

If EUR was to become equal to USD panic will start because that would be huge news. People remember that EUR is typically worth a bit more than 1 USD. When they hear it's equal they will start converting their euros into dollars and bitcoins which will further accelerate the fall of EUR. EUR is in dead cat bounce, see this topic:
https://bitcointalksearch.org/topic/usdeur-dead-cat-bounce-1112770

And you can't imagine that the euro might surprisingly come out stronger after the greek problem is finally solved?

Ofcourse there is still Portugal left, but it is a much smaller problem at least in the short term

neurotypical

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Quote from: bitcoinmar on July 19, 2015, 04:25:20 PM

Quote from: richardsNY on July 19, 2015, 11:14:27 AM

I would say near to 1:1 ratio. There will be a huge shock if the euro turns out to be less worth than the us dollar one day.

In my opinion its not going to happen in long term Euro will gain from this and with the strong economy back up its could be up against USD

I think what we are going to withness is simply none other than a big dead cat bounce, the cat being greece and the bounce being the eurozone giving them 50 million and a couple more months of dicking around with a debt that everyone knows will never be paid. After that, here comes 1:1 euro/dollar parity.

bitcoinmar

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Quote from: richardsNY on July 19, 2015, 11:14:27 AM

I would say near to 1:1 ratio. There will be a huge shock if the euro turns out to be less worth than the us dollar one day.

In my opinion its not going to happen in long term Euro will gain from this and with the strong economy back up its could be up against USD

betterangels

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1 : 1 or less (vs USD)

richardsNY

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I would say near to 1:1 ratio. There will be a huge shock if the euro turns out to be less worth than the us dollar one day.

TrueCryptonaire

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Quote from: randy8777 on July 06, 2015, 08:26:37 AM

i think it will shortly dip below the $1 mark, maybe to $0.80/$0.90 but it will recover after a while when other countries are realize this is the best option. no more greece in the euro.

Theoretically euro should become stronger without Greece.
Currently Greece is nothing but a parasite full of criminals in euro area.

MF Doom

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Quote from: HarHarHar9965 on July 10, 2015, 08:40:56 AM

Quote from: MF Doom on July 10, 2015, 06:39:16 AM

Greece is not the only country in the Eurozone with debt issue, I believe France, Spain, Portugal, Italy all could potentially be in simialr situations in the not too distant future. Greece is only the beginning of this. Seems like those calling for worldwide economic crisis might not be too far off...

Yes, and that means that not only is the Greece dead weight right now but so are these countries (atleast to an extent) in the euro zone. The funny thing is that if all these countries are kicked out of the euro zone which is highly unlikely to happen, then euro will be fucking weak and fall down. And if these countries still are in euro zone, they will just be leeches and make it weak slowly. Either way, Euro is possibly the first currency which we will see collapse

Possibly, but even "superpowers" China & USA have massive economic problems right now. I think the coincidence of these issues is suspect, and that when a massive collapse does happen, it will be VERY fast. I even heard Ron Paul say he thinks a us dollar collapse would happen in a matter of hours, not day or weeks. Similar to the stock market crash preceding the great depression.

HarHarHar9965

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Quote from: MF Doom on July 10, 2015, 06:39:16 AM

Greece is not the only country in the Eurozone with debt issue, I believe France, Spain, Portugal, Italy all could potentially be in simialr situations in the not too distant future. Greece is only the beginning of this. Seems like those calling for worldwide economic crisis might not be too far off...

Yes, and that means that not only is the Greece dead weight right now but so are these countries (atleast to an extent) in the euro zone. The funny thing is that if all these countries are kicked out of the euro zone which is highly unlikely to happen, then euro will be fucking weak and fall down. And if these countries still are in euro zone, they will just be leeches and make it weak slowly. Either way, Euro is possibly the first currency which we will see collapse

MF Doom

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Quote from: afbitcoins on July 10, 2015, 06:47:09 AM

Quote from: GreenCoin22 on July 10, 2015, 03:06:55 AM

Quote from: afbitcoins on July 09, 2015, 05:34:02 PM

The euro will die!

On the contrary, the euro will rise after Greece's exit from the EU

Maybe in the short term but if the euro is to continue long term it will be a much smaller zone, several other countries will ultimately exit too in the end. As it should. Unless those countries willing to lose all sovereignty

I think you're right, short term euro will benefit. But that is the problem with really all the governments, they are SO short sighted, and the PEOPLE are the ones who will pay the price in the long run.

In fact, this scenario could come to the US, unless someone fiscally responsible can get elected

afbitcoins

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Quote from: GreenCoin22 on July 10, 2015, 03:06:55 AM

Quote from: afbitcoins on July 09, 2015, 05:34:02 PM

The euro will die!

On the contrary, the euro will rise after Greece's exit from the EU

Maybe in the short term but if the euro is to continue long term it will be a much smaller zone, several other countries will ultimately exit too in the end. As it should. Unless those countries willing to lose all sovereignty

Hamuki

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So happy that we use DKK (Danish Krone) instead of that Euro Shit.
Then we dont need to have all the shit from greece.. Atleast not as much..

MF Doom

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Greece is not the only country in the Eurozone with debt issue, I believe France, Spain, Portugal, Italy all could potentially be in simialr situations in the not too distant future. Greece is only the beginning of this. Seems like those calling for worldwide economic crisis might not be too far off...

Amph

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Quote from: GreenCoin22 on July 10, 2015, 03:06:55 AM

Quote from: afbitcoins on July 09, 2015, 05:34:02 PM

The euro will die!

On the contrary, the euro will rise after Greece's exit from the EU

i also think this, less loan to be payed to a country that is only a big leech and nothing else, i'm sure that a big portion of the the devaluation of the euro happened primarily for all their great debt that was never payed back from greece

grexit can only help the euro at this point, they are nothing more than a dead weight right now...

Furio

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Quote from: JarvisTechnology on July 09, 2015, 12:17:21 PM

Right now the Euro is not doing that well. After Greece crisis , everyone is speculating a dip in the Euro rate with proportion to USD. Euro might even go below USD. That's how experts feel about it. But i believe that the fall will be temporary . Not for a very long period of time. The USD and Euro currency will be back to 1:1 ratio or maybe Euro can do better in future.

Those same experts didn't see the financial crisis coming, and even now are creating a new one, by holding the fraudulent and sick system into practice. Please don't come with opninions of "experts" because they know jackshit and never can see the whole picture...

GreenCoin22

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Quote from: afbitcoins on July 09, 2015, 05:34:02 PM

The euro will die!

On the contrary, the euro will rise after Greece's exit from the EU

yayayo

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Quote from: blacky90 on July 06, 2015, 07:49:39 AM

Currently it is $1,10 for one Euro
what would happen to the Price if greece left the euro ?

If Greece leaves the Euro (currently it seems that it might not happen), I think the Euro will increase in value, because its weakest member left. Very short term the Euro might drop because of an immediate fear reaction, but I'm pretty sure it would gain quite fast afterwards.

A different reasoning would be a dropping Euro because of constant fears of contagion effects. Personally I don't think that this scenario is realistic right now, because the ECB is ready to intervene massively.

Of course, regardless of what will happen in the short or medium term, ultimately the Euro will face the fate of all fiat money: Zero.

ya.ya.yo!

Topic: Price of Euro after grexit? (Read 2470 times)