Topic: Price of Euro after grexit? - page 2. (Read 2470 times)
The euro will die!
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.
Yea there is a lot of speculations going on in the currencies markets, more people picking up the dollar, i just want to be fair with the euro Greece is not a big player when it comes to other European country's is a tiny spec but their politics have driven the country to shit and they have to relay on the Euro to bail them out.
If the countries economy has failed to pay its creditors is because their economy policy used by the government has failed also just imagine if they didnt had the euro to bail them out.
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.
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
https://bitcointalksearch.org/topic/usdeur-dead-cat-bounce-1112770
I disagree, I think that the euro is backed by a strong economy. Sure the grece will make a dent but long term I think it is ok. But I could be wrong, you can never overestimate the silliness of crowds when fear is in the air.
This is a good test of the current alternative if it gets to happen, https://www.youtube.com/watch?v=KHAWfTP5iW0 it actually getting some good reactions from both sides
Euro or Grexit i think the people are more worry about the economy the politician put them in.
Euro or Grexit i think the people are more worry about the economy the politician put them in.
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
Why should removing the weakest link from a currency reduce the value of the currency?https://bitcointalksearch.org/topic/usdeur-dead-cat-bounce-1112770
The fact that people think that a € is worth more than a $ is meaningless, it also wasn't always the case (e.g. 2002)
The Euro might before more localized to northern Europe, but it isn't going anywhere soon, or at least not long before the USD goes down!
it's still holding above 1.1, it does not look that easy to dump it below 1
and it look solid now, with some swing up to 1.11
and it look solid now, with some swing up to 1.11
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
Why should removing the weakest link from a currency reduce the value of the currency?https://bitcointalksearch.org/topic/usdeur-dead-cat-bounce-1112770
The fact that people think that a € is worth more than a $ is meaningless, it also wasn't always the case (e.g. 2002)
The Euro might before more localized to northern Europe, but it isn't going anywhere soon, or at least not long before the USD goes down!
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
https://bitcointalksearch.org/topic/usdeur-dead-cat-bounce-1112770
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.
i don't believe that i will go under 1:1 ratio it may be equal but it wont go bellow.
It could go below for a short period of time when panic ensues, it's only 14 pips from now and you are there.
I think it'll go below USD for a while before making it back to the 1:1 ratio (or a tiny bit higher). then it'll stay there until something else happens
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.
i don't believe that i will go under 1:1 ratio it may be equal but it wont go bellow.
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.
Currently it is $1,10 for one Euro
what would happen to the Price if greece left the euro ?
what would happen to the Price if greece left the euro ?
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