US Dollar collapse in 2015? (2) - page 2.

n2004al

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Quote from: Pierre 2 on October 31, 2015, 07:30:52 AM

Dollar will not collapse completely ever but I guess it will lose strong value when China and India gets bigger in economic scene.
And as I know it is not too far.

Wow. Sorry but it is very funny to not mention this. Another wonderful answer from another bitmixer poster. Have your read the title of this thread Pierre 2? It is about the collapse of us dollar during this year. You think that in the remain 2 months of this year (seeing the second sentence of your post) China and India will go so bigger in economic scene that will be able (always during those two months) to make us dollar to "lose its strong value"? Shocked

Hmmm a little difficult according to me... But who knows... Maybe I'm wrong... Huh

Pierre 2

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Dollar will not collapse completely ever but I guess it will lose strong value when China and India gets bigger in economic scene.
And as I know it is not too far.

BitMaxz

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No it will never be collapse even year of 2020. US dollars is our main/primary money so it will never be collapse.

zimmah

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Quote from: AtheistAKASaneBrain on October 29, 2015, 09:54:16 AM

Quote from: zimmah on October 28, 2015, 08:50:01 PM

2015? No.

This century? Yes.

More specifically, probably before 2030, maybe before 2020

2020 is too soon, maybe even 2030. But definitely the cycle of the current fiat empire is crumbling. All fiat currencies have had cycles of about 70-100 years before they had massive collapses. Time is due that this insanely big and forever increasing debt gets wrecked into where it belongs.

a lot can happen in 15 years, even in 5 years.

just because it feels like a short time, doesn't mean nothing ever happens during that timeframe.

8 years ago there weren't even iphones.

AtheistAKASaneBrain

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Quote from: zimmah on October 28, 2015, 08:50:01 PM

2015? No.

This century? Yes.

More specifically, probably before 2030, maybe before 2020

2020 is too soon, maybe even 2030. But definitely the cycle of the current fiat empire is crumbling. All fiat currencies have had cycles of about 70-100 years before they had massive collapses. Time is due that this insanely big and forever increasing debt gets wrecked into where it belongs.

bitcoinvest

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what can change this 5 year period you say is something big like a war let's say....
did you hear the news of Micosoft for ETH ? have you seen the fact all the big companies have a very close look or already involved into digital currencies..
it's very clear to everybody that nobady trust anymore a broken dollar or a broken euro where the money that is in our hand have nothing to do with gold reserve...

saying about Dollar collapse is like saying for Greece that will collapse....
how exactly??? since Greece has already collapsed... Greece is inside Euro but moves without money and that is reason for capital controls....
i give you an example...

let's say you want to pay the loan of your house ok?

you can do it only with 2 ways:

Pay with Cash money
Transfer Money from bank account you have in another country

You can't pay with money you have to another Greek Bank....

Do you get it now? Huh

?

New money, you can pay ONLY with NEW money....
Now this situation is here but what tells you that will not go to Spain for example or Italy etc....

Bitcoin is a very good option to move and solve all problems.. of Dollar or Euro etc. etc....

TastyChillySauce00

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i think it's impossible for dollars to be collapse in next 5-10 years because almost all of people around the world use this currency to make an online transaction, so the conclusion, dollars will not collapse for about next 5 years Grin

nydiacaskey01

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Maybe if they start war against a well developed Country that's the start of collapse, but for now since they are always in the neutral stance and want's to keep distance on issues that might start a war, I don't think US Dollar will collapse soon.

zimmah

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2015? No.

This century? Yes.

More specifically, probably before 2030, maybe before 2020

bitcoinvest

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first of all us dollar has collapsed a long time ago...about some years.
and together with this all the other currencies....see euro and the fight the have to keep alive and play the game...

but the point is not when the Dollar of US or Canada or and other dollar or EUR will go down.....

the point is that the people understand that world change very fast we are not in 1900 we live in 2015.....go back your memory when bitcoin started ...
who believed you when you told him that bitcoin will go so up that people will get paid for work in bitcoin? who believed you when you told him that this virtual currency will have real value out there ? .... you know the answer.

and what about now?? almost everybody knows about the principles of using virtual currency..

the point is not when will fall because we will not decide this moment, we don't have any switch that we will push to take it on or off...

but we all together have the power to change things. we can be prepared and wait for this. entering the bitcoin world is really a big step for what will bring to us the future..

by the way i also belong to the 80% of the votes who say no to the poll..

DiamondCardz

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Quote from: neurotypical on October 28, 2015, 11:02:29 AM

The debt grows, while purchasing power of the individual shrinks.

Sorry, but it's statements like these that really make me stop and think about how far-fetched crypto-anarchists can get. This is basic economics. Inflation (or, as you put it, shrinking purchasing power) reduces the real value of debts. Your two statements actually cancel each other out more than being wholly bad.

The US dollar isn't going to collapse. Get real, come on. Even if the US goes bankrupt, we will find a way, the world will not die and be consumed by fire.

When you people point to increasing debt, you ignore the great recession that happened just 7 years ago. Think this just vanishes?

neurotypical

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Quote from: jt byte on October 28, 2015, 06:16:15 AM

I don't think that dollar will collapse because it's the first most popular currency in the world.
I think that every year the value of 1 USD is deducted by 0.2%.
Which means that whatever you bought today with 1$ after few years you have to pay more for that.

Not in 2015, but it WILL collapse. The trends are set in stone now, there's no way this train cannot be saved from crashing against a huge wall of debt. The debt grows, while purchasing power of the individual shrinks. This is textbook recipe for an inevitable disaster. I hope that people has been stacking up their Bitcoin and metals game. Anything else just isn't safe.

DiamondCardz

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Quote from: jt byte on October 28, 2015, 06:16:15 AM

I think that every year the value of 1 USD is deducted by 0.2%.

That's not quite how inflation or currency exchange rates work. I don't know where you got that figure from, but it's neither very effective nor useful in proving a point.

jt byte

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I don't think that dollar will collapse because it's the first most popular currency in the world.
I think that every year the value of 1 USD is deducted by 0.2%.
Which means that whatever you bought today with 1$ after few years you have to pay more for that.

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Quote from: danel on October 28, 2015, 01:43:26 AM

^This is what the media wouldn't tell you. Since the beginning of the year Russia and China has been dumping their US treasury holdings and filling their Vaults with massive Gold purchases. The more they dump, the closer they are getting to an economic recession and eventually collapse.

read something about online but price of gold would come to bigger change but its stable
any proof or article about this to share this

danel

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^This is what the media wouldn't tell you. Since the beginning of the year Russia and China has been dumping their US treasury holdings and filling their Vaults with massive Gold purchases. The more they dump, the closer they are getting to an economic recession and eventually collapse.

Rw13enlib88

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International Monetary Fund staff are set to give the all-clear for China's yuan to be included in the lender's benchmark currency basket, laying the groundwork for a favorable decision by policymakers, people familiar with the discussions said on Sunday.

The IMF's executive board is scheduled to decide in November on putting the yuan on a par with the dollar, yen, euro and pound sterling and a key factor will be its performance against a checklist of technical criteria, as assessed by IMF staff.

Three people briefed on the IMF discussions, who asked not to be named because of the sensitivity of the issue, said a draft report from staff reached a favorable conclusion on including the yuan, also known as the renminbi (RMB).

http://www.cnbc.com/2015/10/25/imf-set-to-give-green-light-on-yuan-joining-currency-basket-sources.html

azguard

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Quote from: operrajunk74 on October 02, 2015, 06:04:10 AM

I don't think that Dollar will be collapse in 2015 or in future days. The dollar has increased in value compared to all major currencies since he President Barack Obama took office. IF the dollar collapse then there will be a world wide financial down turn like the world has never seen as the dollar holds a eighty some odd percent of all currency traded in the world. But I don't think that dollar will be collapse.

second
dollar is not gonna collapse any time, primary value on markets always first then other currencies

BitMaxz

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I think it never collapse our primary money because dollars is our primary money... maybe on 2090

operrajunk74

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I don't think that Dollar will be collapse in 2015 or in future days. The dollar has increased in value compared to all major currencies since he President Barack Obama took office. IF the dollar collapse then there will be a world wide financial down turn like the world has never seen as the dollar holds a eighty some odd percent of all currency traded in the world. But I don't think that dollar will be collapse.

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